May 2015

Found 2 blog entries for May 2015.

The Santa Barbara County Grand Jury published a report this month regarding the inconsistent and unreliable nature of zoning information reports (ZIRs) which the City of Santa Barbara has for quite some time required on all home sales within city limits. Subsequent articles have been written by much of Santa Barbara’s news media. The Grand Jury’s report is quite detailed and eye opening, going into the history, original intent, inconsistencies, and currently outdated practice of the mandated ZIRs. To view the full report click here.

As Santa Barbara’s leading real estate company in home sales volume Village Properties has been instrumental in providing information that the Grand Jury has used to investigate and draw useful conclusions regarding the

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The UCSB Economic Forecast Project hosted its 34th annual summit last Thursday at Santa Barbara’s Granada Theatre. Attendance was large with many South Coast business elites packing the venue. News from the summit was that Santa Barbara’s economy looks to be headed in a positive direction for the next several years. Data regarding the area’s rising GDP, employment growth, new businesses and increased home values was shared. Percentage increases in agriculture, wine, clothing, retail, and building material sales was also given.

Key points presented at the recent economic summit also included the following: The real estate industry in Santa Barbara County currently accounts for the largest share of the GDP at 19%; A record breaking demand for housing

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