Sep 23rd

How Many Santa Barbara Real Estate Closed Sales are Bank Owned? Update August 2011

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara

Here are the latest statistics for real estate sales in Santa Barbara proper for August 2011.  The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not.  Although bank owned foreclosures seem to get a lot of the news, the vast majority of sales are still traditional sales in the Santa Barbara area.  Additionally, most of the REO’s tend to be at the lower end of the price scale. Further Reading: Cort Report Summerland, Carpinteria, Goleta  Santa Barbara, Hope Ranch, Montecito Cort Reports...Yearly Real Estate Price Changes Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood... Read more

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Oct 15th

The Secret of Santa Barbara CA. Foreclosures – Update October 2009

2009

Categories: Foreclosures & Bank Owned, Santa Barbara

Where is the real estate market today with regards to foreclosures here in Santa Barbara CA? The answer to this really depends on the specific areas of Santa Barbara you are talking about as well as specific price points.  Santa Barbara is simply too unique of a town to pinpoint a "foreclosure label" at any level, on any certain part of our real estate market.  You really have to look at the individual markets and areas within our community. For example, lately in the national news we have been bombarded by information and statistics about how the high end luxury real estate... Read more

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