What’s Increased This Last Year?

The Santa Barbara Multiple Listing Service divides the area into districts and I follow all the areas in careful detail each month. Most people like to know the general health of the real estate market for conversations sake. However, when it is time to sell, they need more specific figures … Read More

Demand a Representative

Do you know buyers who do not have a real estate professional working for them? They feel they have all the information they need from the internet to make a decision on their next home, even when this is their first purchase? This is when the old saying, “what you … Read More

What Tax Changes Are Coming for Home Owners?

Here’s a recap of the latest tax bill approved by Congress that effects real estate. Last-minute changes to the bill: Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 … Read More

Will Your Home Serve Your Needs for the Long Term?

If you are like me, you enjoy buying real estate but not selling it. One reason: the seller pays the transaction fee from their bottom line and the buyer pays nothing for real estate professional services. And that’s not the only reason: “buy and hold” is a good strategy for … Read More

Finally, Workforce Homebuyers Program is Here

I spoke with Jennifer McGovern today about the Housing Trust that she has been working on since 2006. It has finally obtained 2.5M from neighboring banks to begin the program here on the South Santa Barbara coast. The monies will be given out on a first come, first serve basis. … Read More

Personalized Service You Want

I have been giving a lot of thought to individual marketing plans for my clients. I’d like to give you more of what you want in order to help you make good long-term real estate decisions. Real estate has helped millions of individuals save money over time. Building equity for … Read More

Why Are Homes So Expensive?

If you go to the store like I do and buy groceries, everything has gone up this past year. I noticed that things that used to be $1.99 are now $2.29. That increase on every item adds up fast. The same goes for housing. I remember Santa Barbara being the … Read More

First Time Buyer – Free HOA Dues!

California Association of Realtors have donated up to six months free HOA dues, for qualifying first time home buyers.  This is a HAF program.  Hurry before the money runs out! Check out the video for more information. Elaine Abercrombie Broker/Owner, SBAOR Past President, GREEN, SRES eabercrombie1951@gmail.com www.AbercrombieFineHomes.net 805-450-0086

A Pace Loan Could Cost Your Home

PACE loans sounded good when I first heard of them. Then the stories started coming about people loosing their homes. This is recent news. The cause is not because of the down turn in 2007 but because of how the loans are written. PACE stands for Property Assessed Clean Energy. … Read More

What Gives Buyers an Edge?

Most people think this is a slow time of year for real estate sales. That can be a huge advantage for buyers. As a buyer not having competitive bids for the same property is an advantage. So are lower interest rates and free professional assistance. We have just experienced a … Read More

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