Real Estate Sales in Montecito and Santa Barbara were robust for June, July and August! Though the overall number of sales was down year over year, median and average sales prices were “up” (though we did see a dip in July). As of this writing, overall real estate inventory throughout Santa Barbara, Montecito, Hope Ranch, Carpinteria, Summerland and… more
The Real Estate Market
Should You Make Multiple Offers?
Over at Realtor.com there is a great article on the do’s and don’ts of making multiple offers on the same property. Aside from the potential legal ramifications of making legally binding offers, there is also the concern that you might find yourself stuck in a property that is not the best pick for you. The… more
Down Payment Rules are at the Heart of the Mortgage Debate
The market never sleeps, and neither does the US government’s attempts to rein-in and simultaneously let loose mortgage laws. At the heart of this debate is Washington’s desire to promote homeownership while protecting buyers. Unfortunately, as seen with the sub-prime mortgage debacle, if the Fed takes a too laissez-faire approach, borrowers get caught in the… more
Sudden Rise in Home Demand Takes Builders by Surprise
Catherine Rampell over at the New York Times has a terrific article on the sudden rise in housing demand, and the dearth of available real estate. After several years of the depressed market taking its toll on housing inventories, the sudden rise in demand has caught many builders off guard. Check out the whole of this… more
Do Your Part!
Terri Bennett over at her Do Your Part blog has a couple of great cleaning tips that make the most of Green Cleaning Products. This post and the rest of her website are a great resource for finding out new and interesting DIY projects that utilizes green products. Check it out! Here is the… more