Tag archives: real estate

Real Estate Heat Index
By Michael Phillips   |   November 30, 2017

The Montecito Heat Index is a snapshot of demand for single-family homes in five price sectors. Rather than a measurement of completed sales, typically referred to as lagging data, the Heat Index looks at homes currently under contract resulting in a more accurate picture of market demand. And as real estate activity is seasonal, today’s […]

Reduced and Ready to Sell
By Mark Ashton Hunt   |   November 30, 2017

For whatever reason, the available housing inventory for sale under $10 million in Montecito continues to be low, and this time of year, we don’t expect to see a lot of new homes hitting the market. That said, there are plenty of properties to choose from in most price ranges over a million dollars.  So, […]