Welcome to the Neighborhood
By Richard Mineards   |   November 5, 2020

It was just four months ago that singer Ariana Grande splashed out $6.75 million for a Tudor-style home, The Porter House, consisting of two bedrooms and three bathrooms in two antique barns that had been imported from England, and just a month later Prince Harry and his wife Meghan spent $14.5 million for a nine-bedroom, […]

Montecito is the Place to Be
By Mark Hunt   |   October 21, 2020

Judging by the home buying activity in the last few months, we can easily conclude that Montecito is “The place to be.” Since the terrible home sales in April and May brought on by strict lockdown measures, Montecito has experienced the highest number of sales per month that most real estate agents can ever remember.  […]

 

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Same Price, Same Street, Different House
By Mark Hunt   |   September 3, 2020

Hello and welcome to a busy Montecito summer season. In the past four months, the number of closed escrows is more than double what we would typically see. Between July 19 and August 29, for example, whereas 16 homes traded hands last year during the same timeframe, this year we saw 39 completed home sales. […]

Opportunities Await
By Mark Hunt   |   August 20, 2020

It has been an incredible past two-plus months in the Montecito real estate market, to say the least. Sales are up and still climbing. Not since perhaps 2002-2006 have agents seen this kind of buyer activity, in all price ranges. Sales have been solid in Summerland, Carpinteria, Santa Barbara, and Goleta as well this summer, […]

Homes in the $4 to $5 Million Range
By Mark Hunt   |   July 23, 2020

The months of May and June, and now into July 2020, are proving to be the most active real estate months that many can remember in Montecito during the past 15+/- years. Whether it be Boomers flexing their buying muscle and finally committing to a place in Montecito, perhaps Ellen’s celebrity friends, the Bay Area […]

Real Estate Snapshot
By Kelly Herrick   |   June 25, 2020

Montecito Market Update Real estate transactions in Montecito have been steadily increasing over the last two months, reflecting an influx of out-of-town buyers flocking to purchase in the 93108 zip code since the COVID-19 pandemic shutdown began mid-March. The last few weeks have been incredibly active, with 28 homes going into escrow in Montecito since […]

Mortgage Happenings
By Jon McCuskey   |   June 25, 2020

We as consumers have plenty to talk about in our current environment. The world overall has shifted into a new existence with many changes affecting our personal, business, and political lives. The mortgage world is no exception. Since March, lenders have seen their pipelines swell with refinance business due to absurdly low interest rates, while […]

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Montecito Gets Its Mojo Back
By Peter Kiefer   |   June 25, 2020

One of the handful of go-to real estate agents for Montecito, Dan Encell has been studiously observing the ebb-and-flow of the crown jewel of Santa Barbara’s luxury housing market for more than three decades. He’s seen it all, but even Encell was surprised by the insistent ringing of his cell phone at a time when […]

Real Estate Remains Strong
By Kelly Herrick   |   May 28, 2020

The real estate market in Montecito and Santa Barbara remains strong, despite major changes to the way properties are marketed and viewed. Sales in Montecito are up from last year in May; as of press time 16 homes have sold in May, with five full days still left in the month. This is compared to […]

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New Listings in Montecito
By Mark Hunt   |   May 21, 2020

I hope everyone is staying safe and enjoying “at-home time” as much as is possible. Perhaps by the time this article is out on the streets, there will be more people out and about. In the meantime, regardless of being somewhat back to normal or not, we are all spending more time at home and […]

Farewell, Oliver’s
By Richard Mineards   |   May 14, 2020

Oliver’s, the Coast Village Road vegetarian restaurant that took five years to transform from the old Peabody’s space under owner cell phone billionaire Craig McCaw, 70, has been sold, says my mole with the martini. McCaw, who has moved back to Seattle, has been divesting himself of his properties in our rarefied enclave, including his […]

How to Buy a Montecito Mansion During a Global Pandemic
By Nick Schou   |   May 7, 2020

Last Friday, I took a guided tour of a charming abode hidden at the end of a long and curving driveway on East Mountain Road. Located just a block away from the San Ysidro Trailhead, the property included an historical guest cottage (believed to have once belonged to Priscilla Presley), and a home office above […]

Best Buys SOLD!
By Mark Hunt   |   April 23, 2020

While there are many listings from “pre-stay-at-home order” days, and there are some few new listings on the market, I thought it might be a good time to focus on what has been selling here in Montecito since the stay at home order fell into place. Of course, many of the sales between March 15 […]

Montecito Market Update
By Kelly Herrick   |   April 16, 2020

Here’s an update on the state of the real estate market, as our community continues to adhere to the statewide shelter-at-home order. Like most other industries, the real estate industry has slowed significantly due to the COVID-19 pandemic. As of press time, there are currently 109 properties on the market in Montecito, with nine of […]

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