The Threat of Wire Fraud in Real Estate Help buyers avoid falling victim to a growing real estate scam that dupes them into giving their purchase money to hackers. When NAR General Counsel Katie Johnson asked a group of real estate professionals whether they or someone they knew had clients that were victims of… more
Mortgage Trends
Santa Barbara South County Market Update
Santa Barbara South County Real Estate Market Overview The total number of residential real estate transactions from January 2017 through April 2017 totals at 517 sales. This number follows a very similar trajectory as 2016 numbers up to this point. In 2016 the total number of transactions from January to April 2016 in Santa Barbara’s… more
CAR infograph
Santa Barbara South County Market Overview – March 2017
Market Overview – March 2017 In Santa Barbara South County, the year to date average and median price levels have slightly declined- Average price of homes has dropped 2.3 % from this time last year, and the median price point has declined only 2.1%. In SB South County for the previous year, we have seen… more
Your Earnest Money, Contract Contingencies & Deadlines
Your Earnest Money, Contract Contingencies & Deadlines When making an offer on a home, you will show the sellers you mean business with two things: 1) a chunk of cash called an earnest money deposit, and 2) a piece of paperwork known as an earnest money contract. Odds are you’re focused on the first. The earnest money deposit, after… more