Tag archives: family homes

The Montecito Heat Index: How Hot is Today’s Market?
By Michael Phillips   |   April 25, 2019

The Montecito Heat Index identifies demand for Montecito single family homes in five price sectors. By measuring buyer demand (signed contracts) rather than sales (closed escrows), we create a forward looking indicator of both market strength and direction rather than sold data which is typically a month or more old. This metric also shows us […]