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 […]
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. […]
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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 […]
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 […]
In a quiet off-market sale that closed last week, QAD’s 28-acre blufftop site in Summerland has reportedly sold to the University of California for over $100M. Once utilized in off-hours by nonprofits in the area for large-scale events, the property boasts impressive coastline views and was fairly open to the public for sunset viewing. Speculation […]
While it might be foggy here and there thus far in June, it’s been lovely just the same. The dividing argument of whether the fog line is at Montecito Union School or whether it’s East Valley Road (just a block apart but worth the discussion), is one of the longer running debates you might hear […]
The seasons are changing, and so is the Real Estate market… at least that’s the way the numbers are rolling out here, nearly halfway through 2022, with most months being down in sales volume from the month before. Now I know, many will say it’s because of low inventory, and that’s true, or partly true. […]
The warmer than winter weather and the longer days of sunshine make April an especially lovely time of year in Montecito. Falling after the colder and shorter winter months and coming usually before the May Gray or dreaded June Gloom (fog), April is often a mix of all the seasons in one month. Freezing nights […]
If you are moving to Montecito, you are likely doing so for a specific reason or for a few. We arrived 20 years ago to raise our daughter here, among the many generations of family we had in the area at the time, and so we could reset from city life to a more chill, […]
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Opera Santa Barbara was again in fine form when it presented Handel’s Semele at the Lobero, which was first performed in 1744 at London’s Covent Garden. A fusion of elements of opera, drama, and oratorio, the popular work is taken from Ovid’s Metamorphoses with Semele, the mother of the god Bacchus, superbly played by soprano […]
With nearly 350 sales of homes, estates, and condos in the “93108” this year, we saw many record-breaking transactions in all price points. Here is a short list of remarkable sales from 2021: 10. Monarch Lane: $3,895,000 The sale of this three-bedroom, four-bath home in April broke the record for highest-priced sale of an Ennisbrook […]
Happy Holidays and all my best to everyone out there in Montecito. Cheers to all of those who make and keep this such a special place and welcome to those who are spending their first holiday season living here in town. We all know the real estate market has been hot and it’s still hot […]
As we head into the holiday season, the Montecito real estate market has slowed considerably; as of press time there have been just 39 sales so far in Q4, compared to 99 sales in the same time period last year. Q3 saw a slowdown as well, with 82 sales from July through September, compared to […]
Lovely warm days mixed with overcast mornings and a couple of very chilly nights tells us that we are heading into winter (more rain please). Daylight saving time has kicked in, which is great for the early birds and surfers, bringing light before 6 am. That said, I’m still getting used to darkness in the […]
