Tag archives: marketplace
We frequently hear on public media that “the stock market does not reflect the ‘real’ economy.” That is absolutely correct. The question we should ask ourselves is why doesn’t Wall Street reflect the real economy? Why is Wall Street today at all-time highs when we are now in the worst recession since the Great Depression, […]
According to broker Wendy Gragg, president of Montecito’s Distinctive Real Estate, many high-end buyers appear to be holding back from purchasing in Montecito, at least for the time being. Gragg sees the mid-year Montecito real estate market as slowly shifting from a seller’s market toward a buyer’s market. As more sellers list their homes, buyers […]
While attempting to get a grasp of what is happening in the real estate market in Montecito following the debris flow event, it has been difficult to move past the fact that these are not only homes, properties, and assets, they are places where families and friends live, or lived. That said, it is not […]
