Aug 9th

Montecito Real Estate Sales – First 6 Months of 2010

2010

Categories: Market Statistics / Updates, Montecito

For the first 6 months of 2010, there were a total of 77 closed real estate sales in the Montecito area.  This is in comparison to only 55 closed sales in the first 6 months of 2009. Below I have broken down these closed sales into price points for comparison of the last 2 years and to see how our upper end real estate market has really started to stabilize and rebound here in Montecito in the last several months. First 6 Months Comparison 2009 vs. 2010 Sales up to $1,000,000 2009 - 6 Sales 2010 - 12... Read more

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May 14th

Concerns Arise Again About The Proposed Development of The Miramar Hotel in Montecito CA.

2008

Categories: Montecito, The Oceanfront Areas

First it was Ian Schrager, the big city boutique hotelier... Next it was local billionaire Ty Warner, the famous toy maker and hotelier... And now developer Rick Caruso is learning first hand about the long path it will take to please all sides for a proposed development to "revamp" The Miramar Hotel located on the beach in Montecito CA. From the start in 2006 when Mr. Caruso purchased the property from Ty Warner, he has pleased many residents and the city by holding open forums and meetings with community members regarding the development plans for The Miramar Hotel.  The problem is, that to date it... Read more

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