Tag archives: real estate

Los Angeles in Three Great Houses: Part 3
By Jerry Dunn   |   June 6, 2023

“Los Angeles in Three Great Houses” continues from last week. This final installment looks at the futuristic house of the city’s most colorful octogenarian: The Sheats-Goldstein House It’s the most famous bachelor pad in Los Angeles, a futuristic man cave of concrete and glass tucked into a slope above Beverly Hills. At the push of […]

Los Angeles in Three Great Houses: Part 2
By Jerry Dunn   |   May 30, 2023

“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.  […]

Los Angeles in Three Great Houses: Part 1
By Jerry Dunn   |   May 23, 2023

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 […]

Inventory is Up
By Mark Ashton Hunt   |   May 23, 2023

This week it’s all about the Montecito market, and I don’t mean the Upper Village grocery store. I’m talking about the Montecito real estate market.  After months of low-housing inventory and lower, post-pandemic sales volume (OK, make that a year or so), we are finally seeing a restocking of the available homes for sale in […]

First Quarter Real Estate Update for Montecito’s 93108
By Mark Ashton Hunt   |   April 11, 2023

The rain has stopped and the sun has been shining for several days in a row now – which is a relief. Creeks are relaxing, as are residents. Montecito and her flood and debris flow prevention steps clearly worked during the larger storms that presented themselves this first quarter of 2023. What a wet and […]

A Scarcity of Abundance
By Mark Ashton Hunt   |   February 7, 2023

If you are looking for a significant estate in Montecito and are willing and comfortable paying over $10,000,000 to get it, I would in normal years have 25 or 30 homes to show you, most of them in the $10 to $20 range… million that is. However, in the aftermath of the estate rush that […]

New Year’s Rains and Last Year’s Market
By Mark Ashton Hunt   |   January 17, 2023

It’s 2023 and it already feels like a different world. So much steady rain filling reservoirs, cleaning streets (into the ocean sadly), giving us something to really celebrate in the new year. They say that when it is raining is actually a great time to see a home you are considering buying. Watching how the […]

Falling Into 2023
By Mark Ashton Hunt   |   December 27, 2022

The Montecito real estate market is still defined by high prices and low inventory. By the time this article hits the newsstands or your screen, it may indeed be Winter already, technically by the calendar anyway. However, it’s been cold like winter for a while now. Glad to have rain and weather. Local residents (and […]

A Christmas Choral
By Richard Mineards   |   December 27, 2022

Santa Barbara Choral Society, under veteran conductor Jo Anne Wasserman, was in fine form with its eighth annual Hallelujah Project at the Lobero, which also included Sing! program choral students from the Music Academy and pajama-clad president Scott Reed in a rocking chair reciting ‘Twas the Night Before Christmas. Accompanied by an orchestra, the enthusiastic […]

Where On Earth
By Ashleigh Brilliant   |   November 22, 2022

There’s a saying in the Real Estate business that, in considering the value of a property, only three things really matter: Location, Location, and Location. But, if that means where a place actually is, many factors enter into play – such as what it’s near, and not near. We are often reminded that “it’s a […]

Montecito’s Home Building Renaissance
By Mark Ashton Hunt   |   October 25, 2022

We are experiencing a home remodel and new building renaissance in Montecito that I have not seen in my 20 years living here, nor in the 20 years prior when I would visit family in the area. Very few blocks are without construction of some sort. One thousand (give or take) new homeowners have bought […]

The Ins and Outs of Special Districts
By Montecito Journal   |   October 4, 2022

In Mark Hunt’s article “Ins and Outs: Montecito and Her Many Special Neighborhoods” (Real Estate Issue, August 4, 2022), he correctly states not all homes in 93108 are within Montecito, or either of its two school or special districts.  Many Eucalyptus Hill homes are in the City of Santa Barbara. Eucalyptus Hill Improvement Association (EHIA) […]

Summer Home Buying Spree Continues… With no fall in sight (other than the weather and earlier sunsets)
By Mark Ashton Hunt   |   September 27, 2022

The calendar may say that we are heading into fall, but the Montecito Real Estate market is not falling at all, not here in the 93108. It seems like full steam ahead for buyers looking to become part of this community. Taking a quick look back at August, there were only 12 sales reported in […]

Village Properties Celebrates Major Milestone
By Montecito Journal   |   August 9, 2022

As it enters its 26th year of business, Village Properties is celebrating an astounding $20 billion in gross sales volume. But the Santa Barbara County-based firm’s leaders say an even more meaningful number is 12,900, which reflects how many times they have paired people with a perfect space and represented sellers in maximizing property value.  […]

Mid-Year Market Update
By Kelly Mahan Herrick   |   August 9, 2022

January through June statistics are in, and the Santa Barbara South Coast real estate market is showing a stabilization, marked by increased inventory, fewer sales, a higher number of days on market, and fewer multiple offer situations. Median sales price remains high: $2.2M for the month of June, which is a slight bump from May’s […]

Ins and Outs: Montecito and Her Many Special Neighborhoods
By Mark Ashton Hunt   |   August 9, 2022

Montecito is a small town with a big presence, and it’s not just our famous residents… it’s this place. Just a mile or few from the ocean to the highest home on the hill. Nature all around. Creeks and hiking trails, small chic shops, and amazing restaurants, a reputation warranted and earned over the last […]

Mortgage Minute: Getting Creative in a Shifting Market
By Matt Genovese   |   August 9, 2022

In response to this constantly swift-moving and uncertain real estate market – a statement that for most buyers and sellers sounds dramatic but is rather consistent for those of us who in work in the real estate industry – more and more we are seeing buyers get creative with the type of loans they use […]

Real Estate Gains: Maximize Your Capital Gains Tax Exclusions
By John J. Thyne III   |   August 9, 2022

As a broker and real estate attorney of nearly 30 years, one of the most common questions I face is how clients can best maximize their capital gains tax exclusions. Capital gains taxes are a tax on profits realized from the sale of highly appreciated real estate property, art, businesses, stocks, or other such assets. […]

Home Design Roundup: Making Home Your Own
By Zach Rosen   |   August 9, 2022

Montecito has long had its eye on style and recently Summerland is becoming a hotbed for finding the design, décor, and items that adorn your bed and interior spaces. Here is a roundup of the designers and stores in the area that help make our homes feel like home.  Marc Normand Gelinas Interior Design Marc […]

Key Santa Barbara County Contacts: A One-Stop Shop for Key Contacts within Santa Barbara County
By Montecito Journal   |   August 9, 2022

New to the area? Experiencing an ongoing issue at your home or in your neighborhood? There are people for that. The County of Santa Barbara has more than 4,000 employees that can help with everything from behavioral wellness to tax collection to County Fire and Sheriff’s operations. But knowing who to call for what can […]