What Does the Future Hold?

Our local market was still selling at 91-96% of list price in the last month from Carpinteria to Goleta. 70 sales happened in our “virtual world,” compared to 138 sales for the same month last year. The average time on the market for April was only 58 days compared to … Read More

You Found the Property, Why Pay a Realtor?

Many people are under the false assumption that a Realtor’s main purpose is to find a property, before anyone else does, that the buyer wishes to purchase. If they find it then the client feels they have earned their commission. But that is only a tiny part of the job. … Read More

Our Local Economic Forecast Looks Steady

In spite of this being an election year which may change things or may not, the past year shows our local Santa Barbara market held steady with a slight increase in values. Many of the buyers in the luxury market are requesting smaller dwellings. The mammoth homes built in the … Read More

Take Advantage of a Seller’s and Buyer’s Market

Regardless of your need for real estate, if you are going to take advantage of the situation, you need to act counter intuitively. When there is low housing stock on the market for sale, shorter than normal marketing times and prices are on the rise. This is the best time … Read More

Income Property Exchange Tips

If you own income property perhaps you have done a 1031 Exchange. I’m in the middle of one now and it is not without its angst due to all the pieces of the puzzle which must come together perfectly and the timing that you must adhere to in order to … Read More

Buyers Need Representation Too

When thinking of purchasing a home and knowing it will likely be the most expensive purchase of your life, do you think it wise to complete the transaction without a professional guardian by your side every step of the way? So many times I hear people say, “I walked into … Read More

Today’s Seasonal Opportunity

Markets change daily and ours has a predictable change pattern. Over the past 10 months we’ve seen an increase in values from Carpinteria to Goleta. There has been a $60,000, average price increase so far this year. This is a steady market with opportunities for both buyers and sellers. Currently … Read More

The Landscape is Changing for Rentals in California

The Governor is aggressively seeking changes in income properties policies for the State of California.  It is still up in the air about what will actually happen but I thought you might like to know what may be coming. Assembly Bill 1482 has been passed by the California legislature. It is … Read More

Don’t Miss This Deadline! It Could Cost You…

Lately I’ve had a few clients borrow money from their IRA account for a few months so they can complete a purchase transaction on a new property. Clients have typically used their IRA as a source of cash when they wanted to tie up a property before they sold their … Read More

No More ZIR for Santa Barbara

The struggle with the City of Santa Barbara over mandatory Zoning Information Reports is finally over. The measure didn’t even have to go to the ballot to be discontinued – yay! The Association of Realtors has been involved for more than a decade, requesting that the City wave their requirement … Read More

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