December 2014

Found 2 blog entries for December 2014.

Just by looking at median home sale prices over the past 12 months one might conclude that 2014 was a big year for Santa Barbara real estate. The year-to-date median for the South County is currently at $1,179,500, up 21% from $968,000 at the same time last year and 43% from $822,000 in 2012. However, with 15% less number of homes sold this year than last, a continuing trend from 2012, it may not be accurate to say that the market is booming.

When will Santa Barbara’s next big year be? Many believe it’s right around the corner and are looking forward to sorting through the new inventory that should start hitting the market in the first couple months of next year.

Sellers are certainly in tune with the different signs that the market is displaying,

831 Views, 0 Comments

Like today’s weather of 72 degrees and sunny skies, Santa Barbara’s real estate market is currently near perfect for buyers. Year low buyer competition, historically low interest rates which just went under 4 percent for 30-year fixed loans, and seasonally motivated sellers are creating the best conditions seen all year. The only less than desirable factor is the number of homes available for sale, which is 16% lower than the peak level of mid-September but 4% higher than the same time last year.

In addition to the fantastic home buying opportunities we’re seeing in Santa Barbara this holiday season there are many fun filled events scheduled. With the beautiful Mediterranean weather we’re continuing to experience it will be easy to take advantage of

905 Views, 0 Comments