July 2014

Found 2 blog entries for July 2014.

The 2013 film “Tiny” that documents a couple’s attempt to build a Tiny House on a very small budget and with no building experience is receiving a lot of recognition in the movie industry. Vendors such as the Tumbleweed Tiny House Company offer such homes for sale, and dozens of websites and blogs with designs, plans and discussion of tiny houses are appearing all over the Internet.

Over the past 10 years in the Santa Barbara area there have been 7 homes sold that measure less than 600 sq.ft. by the county tax assessor. The smallest being a 440 sq.ft. house that was built in 1915. Selling prices of these compact dwellings have ranged from $350K to $850K. Right now the smallest home on the market is 664 sq.ft. listed at $742K. This is a bit more

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It’s been an interesting year for real estate in most areas of the country and the first half numbers for Santa Barbara are now in. Following are some of the most significant figures which certainly confirm that the market is slow moving but appreciating due to demand. The lower number of sales can be attributed to the continuation of historically low inventory and increasingly difficult lender qualifying standards.

Home Sales:  670 in 2013; 535 in 2014

Condo Sales:  229 in 2013; 205 in 2014

Homes Under Contract:  722 in 2013; 587 in 2014

Condos Under Contract:  235 in 2013; 226 in 2014

Home Median Sale Price:  $950K in 2013; $1.16M in 2014

Condo Median Sale Price:  $495K in 2013; $550K in 2014

These numbers are representative of

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