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Optimisim Santa Barbara Real Estate Mortgage rates have fallen for nine consecutive weeks and are expected to drop further although many think it’s unlikely that rates will drop below 6%. The Federal Reserve’s campaign to lower inflation through rate hikes had a significant impact on the housing market. Now that inflation is easing, and interest rates are falling, it’s likely buyers who have been sitting on the sidelines might get back in the game. The big question for 2024 is will there be a notable increase in inventory? The general consensus among real estate professionals is optimistic as you'll see in the video included in this post. All expectations are for an increase in inventory. But, truthfully, only time will tell. All indicators at this stage look good without any significant unforeseen disruptions. Click Read More below for Market Update, last year's sale's statistics, and a very timely Altos Research video.
The historical El Rancho Tajiguas is the rarest offering on the largely undeveloped natural masterpiece that is the Gaviota Coast. Where new development is heavily regulated, this unparalleled ranch represents not only two of the finest estates found anywhere around the globe, but is set in the the Crown Jewel of Southern California. El Rancho Tajiguas is the perfect marriage of utmost luxury and natural beauty, with its two ocean facing estates, surrounded by complete serenity on approximately 3,500 acres of cultivated agricultural land, with hundreds of acres of avocado groves, a persimmon orchard, active cattle rangeland and vast areas of open space. Its history can be traced back to the of King of Spain, Carlos III. The sheer awe inspiring scale of this land coupled with its unmatched views and privacy place El Rancho Tajiguas compound with Villa Della Costa and Villa Del Mare as the new benchmark at the forefront of luxury estates along California's idealistic Pacific Coast.
In this episode of HGTV’s Starter Home, a young couple achieves the American Dream by purchasing their first house in beautiful Santa Barbara. Click Read More below for Video
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570