From Our Blog
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Local Market Update 2019: A Year in Review
What a year for local real estate! Prices went up, Buyer confidence is up, and Montecito is back! I have been tracking local real estate prices for nearly 20 years. During this cycle, home values have consistently increased since bottoming out in 2012, and this past year, average and median prices reached roughly the same levels we saw in 2007.
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Advantages of Buying Real Estate in the Winter
With the cold weather of winter, buyers are less likely to be out shopping for real estate and sellers are less likely to have their homes on the market. Surprisingly this can be a huge benefit for buyers looking to buy in the slow months. We’ve compiled a list of the benefits of buying in the winter, as opposed to the competitive spring and summer seasons.
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What's Happening in the Market? Q3 2019
What’s happening in our local real estate market? Comparing the 3rd quarter 2019 statistics (July through September) to the previous year, South Santa Barbara County (Goleta through Carpinteria) statistics showed improvements in most segments.