Many Santa Barbara homeowners that want to upgrade their present home are putting a move on hold because of the soft housing market.  However, the current “buyer’s market” is actually the best time to trade your current home for a better one. Here’s why:

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We consider it our job to keep our clients informed. That’s why we compile a S.B. County Real Estate statistics report every quarter. It’s an easy-to-read report. We think you’ll find the results very interesting.

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“KNOWLEDGE IS POWER.” It’s a phrase used by many, and last week was an important one to be in the know, as Bonds and home loan rates were affected by many big newsmakers and market shakers. Bonds and home loan rates found some improvement in the early part of the week, leading into the Fed’s big announcement on Wednesday of another .25% cut to the Fed Funds Rate.

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Chicago Title Company has been tracking the Bank/Mortgagee Real Estate Owned properties (properties taken back in foreclosure) in the three marketing areas of north Santa Barbara County. The results quantify that real estate markets are localized. What is happening in the Lompoc Valley and Santa Maria Valley troubled real estate markets is not happening in the Santa Ynez Valley market.

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I was asked by my friend and past client Denise Stevens, to be a guest speaker at the Santa Barbara Newcomer’s Club, Girls Night Out Event.  The evening was hosted at a gorgeous house in Hope Ranch overlooking the ocean and open fields for the horses.

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