The Listing Appointment with George Segal and Richard Benjamin trying to sell their house. Real Estate Sketch Comedy!
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Mark Danforth Lomas has contributed 604 entries to our website, so far.View entries by Mark Danforth Lomas
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The Santa Barbara real estate market trends for 2024 have been admirable. In the first half of the year, there were 625 sales, a 12% increase compared to last year. While single-family detached homes accounted for 446 homes sold, reflecting a 15% increase over the same period as last year, condominiums and townhomes accounted for 179 homes sold, a 7% increase. The average sales price for single-family detached homes rose by 14% to $3,714,928 while the median price rose by 7% to $2,250,000. The average sales price for condominiums decreased by 3% to $1,135,143 and the median price rose 5% to $975,000. In the second quarter of this year, all cash sales made up 42% of all sales, a 2% increase from the same period last year. Inventory supply has picked up. The inventory supply has climbed to its highest level since 2020. Sitting at just over 3 months. Source: Fidelity National Title Company. Click Read More below for charts, graphs, and video
Looking for the perfect home, it turns out, is a lot like looking for love. Prospective homebuyers frequently develop “crushes” on certain properties and drive by or go online for a second or third look while technically still playing the field, according to a recent survey. And what makes one buyer’s heart go all aflutter can leave another cold as a stone. The survey was conducted by Realtor.com, which polled 1,000 visitors to its website in the weeks leading up to Valentine’s Day. It found that 69 percent of consumers admitted to having a “home crush” — a property they liked so much they were drawn back to looking at it more than once, in person or online. The survey also revealed that in matters of the heart, like matters of the heart, men and women behave differently.
Earlier this year "The Houseaholic" Andrea Cambern wrote a beautiful piece on 1709 Overlook Lane here in Santa Barbara.
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