Tag archives: housing
It seems as if fall has arrived a tad unannounced, at least for me. I had been waiting for those definite signs of summer: feeling unbearably hot, the ocean warming up considerably for at least a few weeks, and that moment when one starts looking forward to cooler weather. The May Gray/June Gloom hung in […]
What a difference a month (of big sales) can make. In my last article reviewing Montecito’s Real Estate activity for June and most of July, I focused on the lack of sales of more than $10 million. In that writing, I also noted an overall sales volume decline that put sales numbers closer to normal […]
Juan Cabrillo, exploring the new world for Spain, sailed into the Santa Barbara Harbor in 1542. For the next 350 years, there was not much European contact. This changed in 1784 when the Spanish constructed the first adobe housing in Santa Barbara as barracks for soldiers. The Presidio, located between Anacapa and Garden streets on […]
Turning a corner is both a huge endeavor, and a welcome relief. We may have turned the corner on the dreaded Senate Bills 9 and 10. A little recap: The bills have seen a third and fourth time, respectively, through the legislature. Former Sen. Hannah-Beth Jackson single-handedly torpedoed SB-10’s predecessor, put forth by San Francisco […]
The lodgings pictured on the Aug.5-12 Montecito Journal cover convey the “Dream Market” with gigantic accuracy. It was a good issue — the pieces on “pigmobiles” and failing wells helping to sober the frothing real estate euphoria. Having come to Montecito in 1952, I was moved by nostalgia, vexation, and a healthy sense of embarrassment. […]
As we kick summer into high gear and the fog fights with the sun for control of the day, the real estate market in Montecito remains robust, yet leveling off to a more normal number we are used to seeing in past years. Additionally, we are seeing fewer sales recently in the over $10 million […]
The real estate market in Montecito continues to exceed any and all expectations, creating records in both prices and number of sales. The first six months of the year have been incredibly active, with 140 homes* closing since January 1. This is nearly double the amount we saw last year, when 79 homes traded hands […]
Santa Barbara has had many personalities in its long-storied past. From the large, successful native American Chumash community ten thousand years ago to the Spanish and Mexican eras in the eighteenth and nineteenth centuries to the present, world-renowned destination resort, people have continuously been drawn to this spectacular place on California’s South Coast. Unfortunately for […]
The Santa Barbara County real estate market continues to be a strong seller’s market, with 823 homes sold in the South County (which includes Carpinteria to Goleta, and includes Montecito and Hope Ranch) the first half of the year, which is a 54% increase over last year. In a pre-pandemic year, that number would hover […]
In pre-COVID times, one could buy a very nice home with 2,000 – 3,000 square feet of living space on a larger lot (over half-acre) or in a prime spot or beach area, for around $2 to $2.5 million. I can point to dozens of closed comps just two years ago, that illustrate how these […]
In addition to more than double normal sales volume for the past 15 months, there have been more sales over $20 million in the past year or so than at any other time in history. Sales in the $20s have happened in the past, and a very few have sold at more than $20,000,000 in […]
In Montecito, spring basically brought us no rain, and summer is just around the corner. I can tell because the weekends are teeming with people on Coast Village Road and the mix of overcast and sun is keeping me dressing in layers still. But I’m working on my summer feet, when we walk barefoot more […]
Last week, we helped three Santa Barbara City Councilmembers host a very important community conversation on the California Housing Legislation with our state legislators Senator Monique Limón and Assemblymember Steve Bennett. You know we’ve been working on this closely with our former State Senator, Hannah-Beth Jackson. You can watch the Town Hall at our website: […]
This is it, a run-up in the market the likes we have never seen. I’m not talking about Wall Street or the stock market, which is also up, so maybe that’s what is funding and fueling this buying craze here in Montecito, where we are seeing a phenomenon, of sorts. I am talking again about […]
Community members that are experiencing homelessness could often use a path to help guide them from the street into a home. Since the early 1980s, People Assisting The Homeless (PATH) has been helping individuals, veterans, and families requiring assistance find their way to long-term housing solutions. “We do that by really focusing on moving people […]
Clarification A Community Voices column in the April 29-May 6 edition entitled, Despite Recent Narrative Cold Spring School Deserves Community’s Support, was written by a group of community members and not a single author. Cold Spring School: Time to Pony Up Legal Docs I truly cannot understand all the controversy surrounding the issue at Cold […]
The real estate market in Santa Barbara and surrounding areas continues to be stronger than ever, with the first quarter statistics confirming that sellers currently have the advantage over buyers. With staggeringly low inventory, and an influx of out-of-town buyers adding to our already strong local buyer pool, home prices are at an all-time high. […]
In reference to the recent Montecito Association meeting held on April 13, I was deeply disappointed to see that our esteemed, highly respected former senator, Hannah-Beth Jackson, has agreed to represent the anti-growth side of the discussion regarding California State Bills 9 and 10, or SB-9 and SB-10. The legislation proffered by Governor Newsom will […]
At this point I am unsure of whether we will see enough new listings hit the market in Montecito before the last house goes up for sale and is sold. That won’t happen — will it? — but if you follow the numbers, it’s not impossible. As of right now we only have about 47 […]
I visited a project on Hill Road this week after receiving complaints from neighbors. As soon as I saw it, my heart sank. This is a second story ADU (accessory dwelling unit) that will decimate views and is built right to the edge of the driveway easement. Neighbors report it was piecemealed in permitting, so […]