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Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

[email protected]

Phone or Text

(805) 689-6877

Santa Barbara Real Estate Market Report for August 2012

Santa Barbara Real Estate Voice Real estate here in Santa Barbara for the summer of 2012 ended up being a market where a lot of people were looking and ready and most everything that was coming on the market was sold very quickly.  We are continuing to have a definite lack of inventory across all price points, but especially in the $300,000 to $900,000 price point.  Many buyers continue to be frustrated as they are ready and pre-approved (or all cash) and simply not being... Continue Reading >

Santa Barbara Area Tops in Hot Real Estate Market

Santa Barbara Real Estate Voice Here is a great article from Inman News about the very strong California real estate market overall... and especially here in Santa Barbara.  This is pretty much in line with what I have been writing about the last 6 months and what we are experiencing. Editor's note: Data from Realtor.com's June 2012 Real Estate Trend Data Report. The report analyzes data for 146 U.S. metros and includes single-family homes, condos, townhomes and co-ops. Three California metros -- Santa Barbara-Santa Maria-Lompoc, San Francisco and... Continue Reading >

Santa Barbara Real Estate Seriously Rebounding – Recent Forbes.com article

Santa Barbara Real Estate Voice Here is a new article just published this last week online at forbes.com by Ken Harney. "It’s probably no surprise that roller-coaster real estate markets like Phoenix and Miami are in roaring rebound mode this year, but Santa Barbara? Who knew? Sometimes called the “American Riviera” for its red tile-roofed estates overlooking the Pacific, year-round great climate, active cultural life and its movie star residents, Santa Barbara took a significant though little publicized hit during the real estate bust, with median home... Continue Reading >

Santa Barbara, Montecito, Hope Ranch and Goleta Cort Reports May 2012

Santa Barbara Real Estate Voice Here are the latest CORT report statistics for real estate here in Santa Barbara, Montecito, Goleta and Hope Ranch. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks.  Buyers continue to be very comfortable with prices and are taking advantage of incredibly low interest rates.  Other strong signs for the market is that many investors are now buying again as well as cash investors.  We are also... Continue Reading >

Santa Barbara Real Estate – San Roque Real Estate Market Update May June 2012

Santa Barbara Real Estate Voice The San Roque real estate market continues to be a very strong market here in Santa Barbara.  The only homes that seem to not be selling are the ones that the market is telling us are too high priced.  Outside of this, from a fixer to a done up home across all price points in San Roque, homes are selling.  Buyers are out there and simply asking for more inventory.  Many homes are also seeing multiple offers of 2-3 offers. If... Continue Reading >

What Does $1 Million Buy in Today’s Very Strong Santa Barbara Real Estate Market?

Santa Barbara Real Estate Voice Where is our real estate market today? We continue to see buyers very very comfortable with where the Santa Barbara real estate market is today.  Most reports and statistics are also showing that this very strong market is not just a tick here and there, but a market with "very strong legs".  We have now seen about 6-8 straight months of solid activity with homes selling quickly and prices very stable.  Here in Santa Barbara, we are now once again confronted with... Continue Reading >

Santa Barbara CORT Reports – Santa Barbara Real Estate April 2012

Santa Barbara Real Estate Voice Here are the latest CORT report statistics for real estate here in Carpinteria, Goleta, Santa Barbara, Montecito and Summerland.  All of the red "x" delineate REO or distressed sales.  As you will notice, the vast majority of our foreclosures and short sales continue to be in the lower end price points. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks.  Buyers continue to be very comfortable with... Continue Reading >