Something different for a real estate website/blog
Dwight Yoakam “Live” performing Home For Sale from his This Time album.
Something different for a real estate website/blog
Dwight Yoakam “Live” performing Home For Sale from his This Time album.
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Mark Danforth Lomas has contributed 609 entries to our website, so far.View entries by Mark Danforth Lomas
The California real estate market has shown signs of recovery in May, with home sales reaching the highest level in eight months and the median home price surpassing $800,000 for the second consecutive month. The market is demonstrating resilience and stability. The Santa Barbara real estate market remains strong while interest rates hovers around 7%. On July 16, 2023, the current average interest rate for a 30-year mortgage was 7.14%. Source: Bankrate All Cash purchases have picked up since last year here in Santa Barbara. All Cash sales for June of 2022 were 28%. This year for June was 40%, which may reflect the dramatic hike in interest rates this year. Click Read More below for graphs, charts, and video.
And the adventure begins. 2022 promises to be an interesting[...]
In 2021, the Santa Barbara Independent publication heralded the "Boroughs of Santa Barbara," selecting seven neighborhoods. This is an update as Santa Barbara’s neighborhoods aren’t just lifestyle choices—they’re strategic investments. As we move through 2025, the local real estate market is showing signs of stabilization, but the story varies dramatically depending on where you look. Here’s a borough-by-borough breakdown of what’s hot, what’s shifting, and why it matters. Click Read More below for more information.
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