What Kind of Real Estate Does $1 Million and $2 Million Buy You In Santa Barbara and Montecito?

A few times a year I like to give updates on what you can expect for various price points in Santa Barbara and Montecito.  Over the last few years this has changed quite drastically as the market first went down and now has come back up at such a strong pace. Most homes today for example are worth on average about 20% more than they were just a year ago and so this leads to generally a decently different home.  In Santa Barbara, if... Continue Reading >

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

Where is the Santa Barbara real estate market today with prices and what can you purchase for $1 million today?  Over the last 12 months, different sets of statistics will show slightly different views of where our prices are at.  Many statistics that I have read tend to say prices are down around 4-6%.  Others have even stated that we are relatively flat and stable.  As far as the pulse of the market here in Santa Barbara, there is a... Continue Reading >