November 2012

Found 2 blog entries for November 2012.

Santa Barbara and its incredible Mediterranean climate are known for enjoyable year-round events and festivities. With the holiday season upon us there are many sights to take in and things to do, in addition to looking at real estate. Here are a few to add to your calendar…

Nov. 22 - Santa Barbara Thanksgiving 4-Mile Run, Magnolia Center, 9am

Nov. 22-25 - Santa Barbara Pro/Am Horse Show, Earl Warren Showgrounds, 8am-end of classes

Nov. 28 - 18th Annual La Arcada Christmas Walk, 5-8pm

Nov. 30 - Meet & Greet Santa at Center Court in Paseo Nuevo, 4:30-6pm

Nov. 30 - Downtown Holiday Parade, On State Street from Sola Street to Cota Street, 6:30pm

Dec. 3 - Sledding at the Zoo and Snow Leopard Festival, Santa Barbara Zoo, 10am-3pm

Dec. 5 - Warren

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A recent study by the California Economic Forecast Project looked at 369 recent local home sales that took place from January to June of 2012 in the Santa Barbara area to determine where buyers are coming from and where sellers are moving to. The results are as follows.

Where the buyers are coming from:

69% are from the area; 84% are from California; 4% are from foreign nations; 12% are from various U.S. states; 28% are first time homebuyers; 12% are downsizing; 13% are purchasing an investment property; 11% are purchasing a secondary home.

The largest share of buyers from outside Santa Barbara County are coming from the Los Angeles area, followed by the San Francisco Bay area and Ventura County.

Where the sellers are moving to:

64% are staying

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