Tag archives: housing

Press Conference on Affordable Housing in Santa Barbara County
By Joanne Calitri   |   November 8, 2022

An impromptu press conference with U.S. Department of Housing & Urban Development (HUD) Region IX Administrator Jason Pu was held on October 26, at the Santa Barbara Housing Authority Offices on Laguna Street. Rounding out the HUD support were state and local politicians Congressman Salud Carbajal, City of Goleta Councilmember James Kyriaco MPA, and First […]

The Housing Authority of the City of Santa Barbara Hosts Jason Pu, HUD Region IX Administrator
By Montecito Journal   |   October 31, 2022

The Housing Authority of the City of Santa Barbara put on a host visit and tour with HUD Region IX Administrator, Jason Pu, former San Gabriel City Councilmember who was appointed by President Joe Biden to serve as Regional Administrator for the U.S. Department of Housing and Urban Development, Region IX, which covers areas of […]

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 […]

Short-term Rental Update
By Kelly Mahan Herrick   |   October 18, 2022

The issue of short-term rentals (STRs) in the Coastal Zone could be back in front of County lawmakers as soon as next year, reports Darcel Elliott with First District Supervisor Das Williams’ office, who spoke at the Montecito Association Board of Directors meeting earlier this week.  STRs continue to be unregulated in the Coastal Zone, […]

Rona Barrett Foundation Giving Quality of Life to Our Seniors
By Joanne Calitri   |   October 18, 2022

With one of the most world-recognized names in TV, magazine, and print news media, Rona Barrett fashioned her career on well-researched and deep-dive interviews, asking the questions no one would have at the time. Barrett broke many glass ceilings in the media industry for women and as a person with muscular dystrophy. She took on […]

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 […]

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. […]

Sanctuary Centers of Santa Barbara
By Steven Libowitz   |   July 26, 2022

Sanctuary Centers has been around for 46 years, and while the nonprofit’s array of services and team of experienced clinical providers has grown to encompass both inpatient and outpatient care, as well as an integrated approach and supportive housing to form a comprehensive system of care, the organization hasn’t wavered from its mission. Their range […]

Looking for Reliable 911 Service
By Montecito Journal   |   July 12, 2022

We live on Channel Drive in Montecito and along with the neighbors we have sent several emails regarding the lack of Sheriff’s presence since COVID and the increase of illegal activities. Last night was 4th of July and sadly Channel Drive had far fewer families enjoying the fireworks and many more people drinking, flying drones […]

No June Gloom… At Least Not in the Real Estate Market
By Mark Ashton Hunt   |   June 28, 2022

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 […]

Montecito Association Discusses Pacaso
By Kelly Mahan Herrick   |   June 28, 2022

At last week’s Montecito Association (MA) meeting, the Board discussed what has become a hot topic in many communities across the country: fractional home ownership via Pacaso, a Bay Area-based company that buys homes and then sells fractional interests in them to second-home buyers. After the sale – in which the company makes a profit […]

A Season of Change
By Mark Ashton Hunt   |   June 14, 2022

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. […]

April Showers… A Few at Least
By Mark Ashton Hunt   |   May 10, 2022

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 […]

Talking with GOP Chair Bobbi McGinnis
By Joanne Calitri   |   April 12, 2022

Bobbi McGinnis is the current Chair of the Santa Barbara County GOP committee, a position she has had since 2019, after being its secretary and committee member since 2013.  She is a first-generation U.S. born citizen. Her parents moved to the U.S. from England in 1949, choosing Santa Barbara as their new home, with her […]

March Was Madness
By Mark Ashton Hunt   |   April 12, 2022

A whopping half of all homes for sale in Montecito’s 93108 zip code are priced over $10,000,000 While I don’t follow March Madness basketball, I do follow the Montecito Real Estate market, house by house, sale by sale, and March was indeed Madness. While an average March might bring 18+/- sales, March 2022 showed strong […]

State Audit Finds Problems with State’s Mandated Housing Numbers
By Sharon Byrne   |   March 29, 2022

On March 17, 2022, the California State Auditor released a very important report on California’s Housing and Community Development Department’s (HCD) Regional Housing Needs Allocations (RHNA). The audit was assertively requested by the California Alliance of Local Elected (CALE) officials, a strongly activist group of councilmembers from across the state. CALE asserts that California’s Regional […]

It’s the 2022 California Legislative Session, and They’re Churning Out More Housing Bills
By Sharon Byrne   |   March 22, 2022

Here they come! If you feel a little confused about what the state might be up to re housing, here’s a handy primer: 1. California officials said the state is 3.5 million units short of housing, a statistic used relentlessly to drive Senate Bills 9 and 10 last year, whose primary mission was to end […]