Thankful for Montecito
By Mark Ashton Hunt   |   December 3, 2024

Greetings neighbors and visitors to Montecito. Sending a hearty wish for a happy and healthy Thanksgiving and holiday season ahead for us all. The holidays are a busy time in Montecito like anywhere else; shopping, dining, gathering with family and friends… and all the recent work on the freeway and various streets around town is […]

Mid-Year Market Update
By Kelly Mahan Herrick   |   July 9, 2024

As we approach the middle of 2024 and the end of Q2, it’s notable that as of this writing there are currently 192 homes and PUDs (planned unit developments, i.e. single-family homes within an HOA) on the market in the South Coast of Santa Barbara, which spans from Goleta to Carpinteria. We have not seen […]

 

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CVA’s Journey: A Year in Review of Transformation and Progress
By Beth Sullivan   |   July 9, 2024

Writing for a publication is a new adventure for me. I appreciate the opportunity from the Montecito Journal to share our recent and future activities and goals.  The Birth of the Community Benefit Improvement District (CBID) In 2023, the Coast Village Association (CVA) and I reflected on a year of renewed focus on Santa Barbara’s […]

Estate Affairs: “Estate Management” Is a Profound Understatement
By Jeff Wing   |   July 9, 2024

“Estate Management.” You just know this is one of those deceptively tidy terms that contains worlds. Surely one approach to grasping the Estate Management space would be to put the question to an actual Estate Manager. “What constitutes a typical day?” Or maybe not. “Every single day is different,” says Kelly Warner with something like […]

Specialty Loans: Finding the Right Option
By Austin Lampson   |   July 9, 2024

A realtor friend of mine has a card on his desk from years ago. It’s an ad for a mortgage lender, long since out of business. On it there is a reflective sticker next to the words, “If you can fog this mirror, I can get you a loan.” Banks have failed, guidelines fluctuate frequently, […]

Insurance Matters: What Are Homeowners to Do?
By Grace Neumann   |   July 9, 2024

Climate change has accelerated the frequency and intensity of natural disasters. Insurers were on the hook for $108 billion in damages from catastrophes in 2023, down from $125 billion in 2022 but above the 10-year average of $89 billion. The long-term trend of increased catastrophes from climate change will show up in rising insurance rates. […]

Commission Concerns: The Wheels Keep on Turnin’: Recent Developments in National Real Estate Commission Battles
By John J. Thyne III   |   July 9, 2024

Larry Wall sagely advised “Don’t wear roller skates to a tug of war.” Apparently, the United States Department of Justice and the National Association of REALTORS® did not listen. For decades, these two behemoths have played tug-of-war with the DOJ, asserting that the NAR’s commission-splitting agreements between its 1.4 million real estate agents, despite the […]

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  • Village Properties Expands with New Commercial Real Estate Division
    By Montecito Journal   |   June 25, 2024

    Village Properties, the largest independent real estate company in the Santa Barbara area, has launched a new division focused on commercial properties, the company recently announced. The Village Properties Commercial Group will provide specialized representation to clients looking to buy or sell multi-family dwellings, retail spaces, mixed-use buildings, and land for development or agriculture. “The […]

    A Journey of Resilience and Reinvention
    By Jamie Knee   |   March 12, 2024

    You may know her name from her time on The Girls Next Door or perhaps from her show Kendra Sells Hollywood. But there’s much more to Kendra Wilkinson than meets the eye. Beyond the glitz and glamour of Hollywood, Kendra’s story is one of resilience, reinvention, and compassion. As a single hands-on mother of two, […]

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    A Rainy Yet Bright Start to 2024
    By Mark Ashton Hunt   |   February 20, 2024

    In 2024, sales are up in Montecito – in both volume and prices. What a whopping start to 2024 for the high-end real estate market here in Montecito’s 93108. As I type, just 40 days into the new year, we have seen a total of 17 sales in the Multiple Listing Service (MLS), with two […]

    Recapping 2023’s Real Estate Market
    By Kelly Mahan Herrick   |   February 6, 2024

    Here is a deep dive into the state of the housing market in Montecito, Santa Barbara, and the Santa Ynez Valley, along with my predictions for 2024. Let’s look at the numbers.  South Santa Barbara County Stats  South Santa Barbara County (Goleta to Carpinteria) saw the sale of 1,011 homes and condos in 2023; this […]

    Revisiting the 2023 Real Estate Market Montecito’s Housing DNA: A Market with Good Bones, Strong(ish), and in for the Long Haul
    By Mark Ashton Hunt   |   January 9, 2024

    Cheers to you all and Happy New Year, 2024! Thank you to the Montecito Journal team for providing me this forum, and to the readers who keep me on my toes to bring you the most up-to-date activity and trends month to month in our Montecito, 93108 Real Estate market.  Throughout 2023 (much like at […]

    $12M Is the New $7M: Grateful to be living in Montecito
    By Mark Ashton Hunt   |   November 28, 2023

    Month after month, year after year I keep pinching myself when I realize we live in Montecito. Though we work hard and sometimes struggle to stay here, it is by no means an accident. We thought of all the places in the world (ok the southern West Coast) where we could raise our daughter and […]

    Fall-ing Into the New Normal Market
    By Mark Ashton Hunt   |   October 31, 2023

    Fewer sales, higher prices, steady as she goes… or is there a sales slowdown ahead? From this summer’s highest prices, yet slower than recent year’s summer sales volume, to now fall peaks and valleys and Ellen’s new fantasy listing, our market is one thing one month and another the next. What is consistent though, is […]

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