December 2011

Found 2 blog entries for December 2011.

Now is the time when may people reflect on the past year and think about what the new year has in store. I’d like to share with you some year-end numbers that shed light on the Santa Barbara real estate market.

Today there are only 734 active house, condo and land listings in the Santa Barbara area, stretching from Carpinteria to Goleta. A year ago there were 818 listings.

Today there are 281 pending house, condo and land sales in the area. A year ago there were 201.

Today there are 1,335 year-to-date sold listings in the area. A year ago there were 1,326.

Today the average 30-year fixed mortgage interest rate is near 4%. Last week it matched an all-time low of 3.94%. A year ago it was 5%. 

Today the unemployment rate in Santa Barbara County is

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The new Bella Riviera home project in Santa Barbara will be having its Model Grand Opening on January 21st, 2012. There are only 34 units available to the public in this unique development. The two and three bedroom townhomes, ranging in size from 1,023 sq.ft. to 1,578 sq.ft. will be priced from the low $600,000s. Ocean and city views from some of the units will be exceptional. Another 81 units will be available only to employees of the Cottage Health System.

Special early previews of these new homes are available to Santa Barbara brokers by appointment. If you’re interested in having a look please contact me and I will make arrangements to get you in. I plan to be on site and looking at three new completed models this Thursday, December 8th if you’d

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