Tag archives: real estate

Where On Earth
By Ashleigh Brilliant   |   November 22, 2022

There’s a saying in the Real Estate business that, in considering the value of a property, only three things really matter: Location, Location, and Location. But, if that means where a place actually is, many factors enter into play – such as what it’s near, and not near. We are often reminded that “it’s a […]

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 […]

The Ins and Outs of Special Districts
By Montecito Journal   |   October 4, 2022

In Mark Hunt’s article “Ins and Outs: Montecito and Her Many Special Neighborhoods” (Real Estate Issue, August 4, 2022), he correctly states not all homes in 93108 are within Montecito, or either of its two school or special districts.  Many Eucalyptus Hill homes are in the City of Santa Barbara. Eucalyptus Hill Improvement Association (EHIA) […]

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 […]

Ins and Outs: Montecito and Her Many Special Neighborhoods
By Mark Ashton Hunt   |   August 9, 2022

Montecito is a small town with a big presence, and it’s not just our famous residents… it’s this place. Just a mile or few from the ocean to the highest home on the hill. Nature all around. Creeks and hiking trails, small chic shops, and amazing restaurants, a reputation warranted and earned over the last […]

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. […]

Home Design Roundup: Making Home Your Own
By Zach Rosen   |   August 9, 2022

Montecito has long had its eye on style and recently Summerland is becoming a hotbed for finding the design, décor, and items that adorn your bed and interior spaces. Here is a roundup of the designers and stores in the area that help make our homes feel like home.  Marc Normand Gelinas Interior Design Marc […]

Key Santa Barbara County Contacts: A One-Stop Shop for Key Contacts within Santa Barbara County
By Montecito Journal   |   August 9, 2022

New to the area? Experiencing an ongoing issue at your home or in your neighborhood? There are people for that. The County of Santa Barbara has more than 4,000 employees that can help with everything from behavioral wellness to tax collection to County Fire and Sheriff’s operations. But knowing who to call for what can […]

QAD Property Sells
By Kelly Mahan Herrick   |   July 5, 2022

In a quiet off-market sale that closed last week, QAD’s 28-acre blufftop site in Summerland has reportedly sold to the University of California for over $100M.  Once utilized in off-hours by nonprofits in the area for large-scale events, the property boasts impressive coastline views and was fairly open to the public for sunset viewing. Speculation […]

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 […]

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. […]

Latest Match at the Field
By Richard Mineards   |   May 24, 2022

Prince Harry may not be appearing on the balcony of Buckingham Palace with his actress wife Meghan Markle after the Trooping of the Color ceremony next month, but he was definitely front and center at the Santa Barbara Polo Club playing in the final of the Folded Hills Pope Challenge final on Sunday. The closely […]

Weedman on Board
By Richard Mineards   |   May 17, 2022

Santa Barbara-based Camerata Pacifica has appointed Jonathan Weedman to its board. He has more than 30 years of extensive professional experience working in the corporate, nonprofit, and community sectors, and was the sixth executive director for the Gay Men’s Chorus of Los Angeles. From 1996 to 2016 he served as senior Vice President for the […]

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 […]

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 […]

A Winn-ing Needlepoint Gallery
By Richard Mineards   |   April 12, 2022

Montecito entrepreneur Ann Winn, who with her husband, Alastair, recently bought Santa Barbara’s Public Market with partners for $7.65 million, has opened Village Needlepoint in the former premises of bling king Bob Bryant, just a tiara’s toss from Tecolote. Her love for the art started in her early 20s and she started building her influential […]

February Stats and My 10th Anniversary with the Montecito Journal
By Mark Ashton Hunt   |   March 15, 2022

This spring marks my 10th anniversary writing about Real Estate for the Montecito Journal and I just want to say how appreciative I am, to the publication and to the local Real Estate agents, who have allowed me this forum to share my insights on the market and the Montecito area during this past decade. […]