Tag archives: housing

Colossal Homes on the Ocean Prairie
By Richard Mineards   |   March 1, 2022

A tony triumvirate of uber salesmen from Douglas Elliman, America’s third largest real estate company, have banded together to form a sales colossus. Local realtor Adam McKaig, who has been selling property for 23 years and founded Adam’s Angels in 2020 to help the homeless, has teamed with Malibu-based Sean Landon, son of the late […]

The High End Keeps Going Higher
By Mark Ashton Hunt   |   February 15, 2022

For one of the longer months of the year, January came and went quickly it seemed. Many lovely days, a bit of good winter surf, and some big estate sales in Montecito as well. So far, this year we are seeing the same low available housing inventory as in months past and at the same […]

California’s Housing Fight Can Give You Whiplash
By Sharon Byrne   |   February 8, 2022

Here’s the conversation between California cities and the state government: California (Housing and Community Development Dept. – HCD): Hey cities, you need to build more housing. We’re short. Cities: Oh, um, hey, we don’t actually build housing. Developers do that. You guys stuck CEQA on us, code regulations, and housing elements. Where do we build, […]

Montecito’s Market
By Mark Ashton Hunt   |   January 25, 2022

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, […]

SB9 is Finally Here. What Can City and County Do About It?
By Kelly Mahan Herrick   |   January 11, 2022

Senate Bill 9 (aka SB9), which we’ve been reporting on since early 2021, goes into effect this week, with local governments across California scrambling to implement ordinances to attempt to protect, as much as possible, single-family zoning in residential neighborhoods.   SB9 was signed by Gov. Gavin Newsom in September 2021 and became effective January […]

Ten Notable Sales in 2021
By Kelly Mahan Herrick   |   January 4, 2022

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 […]

2021 Near Year-End Real Estate Update for Montecito
By Mark Ashton Hunt   |   December 28, 2021

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 […]

Help is On the Way
By Nick Masuda   |   December 21, 2021

More affordable housing is en route to Santa Barbara, as the Housing Authority City of Santa Barbara broke ground on Vera Cruz Village at 116 East Cota Street with a ceremony on December 15 attended by multiple city council members and Congressman Salud Carbajal. The new project aims to aid in Santa Barbara’s fight against […]

Montecito Market Update
By Kelly Mahan Herrick   |   December 14, 2021

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 […]

Slower Market? Sure. But the Prices That are Being Fetched…
By Mark Ashton Hunt   |   November 30, 2021

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 […]

There’s a Bit of Hope in the Real Estate Market
By Michael Phillips   |   November 22, 2021

Buyers today are facing enormous competition for the best properties all over the country, and few places more so than Santa Barbara.  To win the best properties today, buyers must be prepared to move quickly and confidently. As Exclusive Buyers’ Agents (EBA), we are advisors and advocates for our clients from contract to closing. But […]

Falling into Fall
By Mark Ashton Hunt   |   November 9, 2021

As the weather teases us between hot and cold, and as the first rain falls and the clocks prepare to turn back time, we start looking ahead to the holidays, a new year, and we say hello to a lot of new neighbors. By my estimate, in the past 18 months we have seen approximately […]

Real Estate Basks in the Glory That is Santa Barbara’s Secret Summer
By Mark Ashton Hunt   |   October 12, 2021

Well, it looks like our Santa Barbara summer is finally here. OK, not the commonly thought of summer – Memorial Day to Labor Day – but the secret summer that we locals know, the October summer that often brings the best weather of the year. The islands are clear, the ocean glistens from a lower […]

California Enacts Legislation to End Single Family Zoning
By Sharon Byrne   |   September 28, 2021

Canada is holding Parliamentary elections, and the fate of President Trudeau will be decided. Trudeau called the election to capitalize on the liberal government’s handling of the pandemic. But the big issue Canadians are upset about is housing. Trudeau pledged to ban foreign investment in Canadian homes for two years and end the process of […]

Falling for Fall with Hope for Rain Soon
By Mark Ashton Hunt   |   September 28, 2021

It seems as if fall has arrived a tad unannounced, at least for me. I had been waiting for those definite signs of summer: feeling unbearably hot, the ocean warming up considerably for at least a few weeks, and that moment when one starts looking forward to cooler weather. The May Gray/June Gloom hung in […]

So Much for a Real Estate Slowdown . . .
By Mark Ashton Hunt   |   September 14, 2021

What a difference a month (of big sales) can make. In my last article reviewing Montecito’s Real Estate activity for June and most of July, I focused on the lack of sales of more than $10 million. In that writing, I also noted an overall sales volume decline that put sales numbers closer to normal […]

The Spoils of Downtown Living
By Michael Phillips   |   September 9, 2021

Juan Cabrillo, exploring the new world for Spain, sailed into the Santa Barbara Harbor in 1542. For the next 350 years, there was not much European contact. This changed in 1784 when the Spanish constructed the first adobe housing in Santa Barbara as barracks for soldiers. The Presidio, located between Anacapa and Garden streets on […]

Housing Bills Facing Serious Heat
By Sharon Byrne   |   August 19, 2021

Turning a corner is both a huge endeavor, and a welcome relief. We may have turned the corner on the dreaded Senate Bills 9 and 10. A little recap: The bills have seen a third and fourth time, respectively, through the legislature. Former Sen. Hannah-Beth Jackson single-handedly torpedoed SB-10’s predecessor, put forth by San Francisco […]

Is This Really the Montecito Dream?
By Montecito Journal   |   August 19, 2021

The lodgings pictured on the Aug.5-12 Montecito Journal cover convey the “Dream Market” with gigantic accuracy. It was a good issue — the pieces on “pigmobiles” and failing wells helping to sober the frothing real estate euphoria. Having come to Montecito in 1952, I was moved by nostalgia, vexation, and a healthy sense of embarrassment. […]

The Eight-Figure Market Slows, Leaving More Options for Prospective Buyers
By Mark Ashton Hunt   |   August 12, 2021

As we kick summer into high gear and the fog fights with the sun for control of the day, the real estate market in Montecito remains robust, yet leveling off to a more normal number we are used to seeing in past years. Additionally, we are seeing fewer sales recently in the over $10 million […]