As interest rates increase for home buyers, not only does the monthly payment go up, but also the amount of income needed qualify to purchase the home. Check out how interest rates affect buyers’ bottom lines:
Mortgage Trends
Santa Barbara South County Market Overview March 2018
The Santa Barbara South County real estate market shows trends and recent sales data for the Santa Barbara & surrounding areas. According to the 28-Year Price Trend shown below, the average price range took a slight decline between 2015 and 2016, when we started to see a steady increase over the past 2 years. In the… more
Tax Reform: Is California a Winner or Loser?
Now that the tax reform bill has passed, what are the effects it could have on the real estate market?
Santa Barbara South County Market Overview – November 2017
The Santa Barbara South County real estate market shows trends and recent sales data for the Santa Barbara & surrounding areas. According to the 27-Year Price Trend shown below, the overall average price range has stayed very consistent with very little movement since the steep climb between 2012 and 2015. There has been a slight… more
5 Reasons to Talk to a Lender Before You Start House-Hunting
5 Reasons to Talk to a Lender Before You Start House-Hunting Most people don’t see a lender before they start going to open houses and finding a realtor – but they should. Not only does this give you a realistic picture of the loans available to you, but it makes you more attractive to… more