Santa Barbara Real Estate Articles

Competition is Coming for Home Sellers

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year. How will this impact…

Santa Barbara Real Estate Market Update for Summer 2017

As we settle into 2017, and into the beautiful summer months here in Santa Barbara, we want to take a quick look back at the first half of 2017 and share a few thoughts moving into the second half of this year. In general, our market is very similar to 2016. While it has been…

Santa Barbara Real Estate Market Update for Spring 2017

Happy Easter! As we wrap up a very active first quarter of 2017, we wanted to share with you a quick snapshot of what’s happening in our Santa Barbara real estate market. Overall we ended March with about 8% more homes sold that last year and with an average sales price up 13% (when not…