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. […]
With nearly 350 sales of homes, estates, and condos in the “93108” this year, we saw many record-breaking transactions in all price points. Here is a short list of remarkable sales from 2021: 10. Monarch Lane: $3,895,000 The sale of this three-bedroom, four-bath home in April broke the record for highest-priced sale of an Ennisbrook […]
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Happy Holidays and all my best to everyone out there in Montecito. Cheers to all of those who make and keep this such a special place and welcome to those who are spending their first holiday season living here in town. We all know the real estate market has been hot and it’s still hot […]
As we head into the holiday season, the Montecito real estate market has slowed considerably; as of press time there have been just 39 sales so far in Q4, compared to 99 sales in the same time period last year. Q3 saw a slowdown as well, with 82 sales from July through September, compared to […]
Lovely warm days mixed with overcast mornings and a couple of very chilly nights tells us that we are heading into winter (more rain please). Daylight saving time has kicked in, which is great for the early birds and surfers, bringing light before 6 am. That said, I’m still getting used to darkness in the […]
As the weather teases us between hot and cold, and as the first rain falls and the clocks prepare to turn back time, we start looking ahead to the holidays, a new year, and we say hello to a lot of new neighbors. By my estimate, in the past 18 months we have seen approximately […]
Well, it looks like our Santa Barbara summer is finally here. OK, not the commonly thought of summer – Memorial Day to Labor Day – but the secret summer that we locals know, the October summer that often brings the best weather of the year. The islands are clear, the ocean glistens from a lower […]
It seems as if fall has arrived a tad unannounced, at least for me. I had been waiting for those definite signs of summer: feeling unbearably hot, the ocean warming up considerably for at least a few weeks, and that moment when one starts looking forward to cooler weather. The May Gray/June Gloom hung in […]
The real estate market in Montecito continues to exceed any and all expectations, creating records in both prices and number of sales. The first six months of the year have been incredibly active, with 140 homes* closing since January 1. This is nearly double the amount we saw last year, when 79 homes traded hands […]
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A deep dive into real estate’s incredible first half of 2021, and the trends it has kickstarted in Montecito
In pre-COVID times, one could buy a very nice home with 2,000 – 3,000 square feet of living space on a larger lot (over half-acre) or in a prime spot or beach area, for around $2 to $2.5 million. I can point to dozens of closed comps just two years ago, that illustrate how these […]
Santa Barbara’s venerable Granada Theatre is back in business! The eight-story icon that towers over State Street, originally built in 1873 and rebuilt in 1924, has been eerily silent for the past 15 months, other than intermittent audience-free video filming by the Santa Barbara Symphony under maestro Nir Kabaretti. But it will finally be all […]
In addition to more than double normal sales volume for the past 15 months, there have been more sales over $20 million in the past year or so than at any other time in history. Sales in the $20s have happened in the past, and a very few have sold at more than $20,000,000 in […]
In Montecito, spring basically brought us no rain, and summer is just around the corner. I can tell because the weekends are teeming with people on Coast Village Road and the mix of overcast and sun is keeping me dressing in layers still. But I’m working on my summer feet, when we walk barefoot more […]
