Tag archives: homes
Dear Faithful Reader, I do hope you have enjoyed a joyous summer and are ready for the fall, as we head into this next season in our lovely enclave of Montecito. Although it is still summer on the tail end, the on-again, off-again love affair our area has with coastal low clouds and fog seems […]
As we approach the middle of 2024 and the end of Q2, it’s notable that as of this writing there are currently 192 homes and PUDs (planned unit developments, i.e. single-family homes within an HOA) on the market in the South Coast of Santa Barbara, which spans from Goleta to Carpinteria. We have not seen […]
“Estate Management.” You just know this is one of those deceptively tidy terms that contains worlds. Surely one approach to grasping the Estate Management space would be to put the question to an actual Estate Manager. “What constitutes a typical day?” Or maybe not. “Every single day is different,” says Kelly Warner with something like […]
Larry Wall sagely advised “Don’t wear roller skates to a tug of war.” Apparently, the United States Department of Justice and the National Association of REALTORS® did not listen. For decades, these two behemoths have played tug-of-war with the DOJ, asserting that the NAR’s commission-splitting agreements between its 1.4 million real estate agents, despite the […]
I thought the Clash song would be a good title. It rather succinctly states the dilemma faced by those wishing to immigrate to California. Here’s my premise: You are a wealthy couple from a place where you made your money, but you wish for the California lifestyle and climate in your latter years. Home is […]
By the time you read this, it might already be spring, (at least by the calendar). The jasmine is in bloom, and if you look up on the hills you can see the ceanothus blooming, creating pockets of bright color amongst the green. Additionally, we are still enjoying the clear skies and the lovely winter […]
In 2024, sales are up in Montecito – in both volume and prices. What a whopping start to 2024 for the high-end real estate market here in Montecito’s 93108. As I type, just 40 days into the new year, we have seen a total of 17 sales in the Multiple Listing Service (MLS), with two […]
Here is a deep dive into the state of the housing market in Montecito, Santa Barbara, and the Santa Ynez Valley, along with my predictions for 2024. Let’s look at the numbers. South Santa Barbara County Stats South Santa Barbara County (Goleta to Carpinteria) saw the sale of 1,011 homes and condos in 2023; this […]
Cheers to you all and Happy New Year, 2024! Thank you to the Montecito Journal team for providing me this forum, and to the readers who keep me on my toes to bring you the most up-to-date activity and trends month to month in our Montecito, 93108 Real Estate market. Throughout 2023 (much like at […]
Month after month, year after year I keep pinching myself when I realize we live in Montecito. Though we work hard and sometimes struggle to stay here, it is by no means an accident. We thought of all the places in the world (ok the southern West Coast) where we could raise our daughter and […]
There are a lot of upsides to living in a lusciously spacious home. A downside, however, is when you have to downsize. For many folks, the idea of having to go through a whole houseful of heart-grippingly beloved belongings, and then somehow end up resituated in a smaller place, is an unimaginable scope of activity. […]
Fewer sales, higher prices, steady as she goes… or is there a sales slowdown ahead? From this summer’s highest prices, yet slower than recent year’s summer sales volume, to now fall peaks and valleys and Ellen’s new fantasy listing, our market is one thing one month and another the next. What is consistent though, is […]
Many Santa Barbarians, Montecitans, and Los Angelenos have caught on to what Santa Ynez Valley locals have known for decades: livin’ is good in the SYV. With several unique areas from which to choose, each with their own culture, lifestyle, and merits, it’s no wonder that residency in the Valley has exploded over the past […]
A great deal has happened since the late 1960s when the first reverse mortgage was issued to a high school teacher by one of her former students. Back then, what began as privately issued reverse mortgage loans ultimately became insured by the Federal Housing Authority in the 1980s and gradually saw the birth of proprietary “JUMBO” […]
When you decide to move to Montecito or if you live here already, you are likely aware that there are many smaller neighborhoods within the greater 93108, each offering their own charm, advantages, and distinct personality. From the Hedgerows to Eucalyptus Hill, to Toro Canyon, the beach area, and the Golden Quadrangle, it’s all good […]
The numbers are in for the first half of 2023, and the Santa Barbara South Coast real estate market remains tight in terms of inventory and well in favor of sellers, as there is simply more buyer demand than homes available for sale. Accordingly, the number of sales is down 32% over last year, with […]
Well, it’s just about the start of summer, or almost. Solstice is next week and don’t even get me started about the May gray and the June gloom, oops, too late. But on a sunnier note, let’s start with Montecito Real Estate stats, about as good a place to start as any. As I reported […]
In 1953, a woman named Polly Adler published a book which became a best seller and also gave new dimensions to two familiar words, “house” and “home.” Her book was called A House Is Not a Home, and, in this context, the “House” was a New York house of prostitution, which she had owned and […]
“Los Angeles in Three Great Houses” continues from last week. This week’s installment looks at the house of a man for whom the California dream came true: The Doheny Mansion He had been a drifter, mule driver, fruit packer, and failed prospector – not the résumé you’d expect for the future richest man in America. […]
Cities and civilizations leave enduring footprints. Think of Egypt’s Pyramids, the rows of statues on Easter Island, the white columns of the Parthenon in Athens. But Los Angeles has an unhappy habit of knocking down its past, its iconic buildings and houses – paving paradise to put up a parking lot and leaving no trace […]