Tag archives: single family homes

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 […]

How Hot is Today’s Real Estate Market?
By Michael Phillips   |   June 18, 2020

The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. At five distinct price points, we look at where value is most […]

How Hot is Today’s Market?
By Michael Phillips   |   August 8, 2019

The Montecito Heat Index identifies demand for Montecito single family homes. By measuring buyer contracts (pending sales) rather than sales (closed escrows) lagging typically thirty days, the Heat Index provides a forward-looking indicator of both market strength and direction. It also shows us the price point(s) where value is most recognized by buyers and the […]