February 2014

Found 2 blog entries for February 2014.

Four of the ten highest priced real estate zip codes in the United States lie in California according to CNN Money Magazine. Second in California is 93108 which encompasses homes in both Montecito and Santa Barbara. The only zip code with higher prices in California is 90210 in Beverly Hills. The determination was based on the number of home sales of $5 million or more over the last 12 month period ending June 30th. Although Beverly Hills had more ultra-high end home sales than Montecito, Montecito’s median price of $2.4 million eclipsed the median in Beverly Hills by $400,000.

The article mentioned Montecito’s Mediterranean climate and cool Pacific breezes creating perfect weather as a big selling point. This certainly helped in the recent sale of

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With 60 to 70 degree temperatures and plenty of sunshine forecast for the next two weeks it’s hard to think of a more pleasant place to look at real estate this time of year than in and around Santa Barbara. The only dilemma buyers are having is whether to choose from the limited supply of homes currently for sale or wait to see if inventory levels increase as the year progresses. Last year Santa Barbara’s home inventory reached its peak in October, while in 2012 and 2011 the peaks happened in February and July respectively.

Long time watchers of the real estate market in Santa Barbara pretty much agree that if a property becomes available that’s reasonably priced and close to meeting your needs don’t hesitate on making a decision. Chances are that the

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