Surging mortgage rates and still-high home prices are not leaving already demoralized home shoppers much to be thankful for these days.
Nonetheless, the housing market remains competitive as demand continues to outpace supply. Would-be buyers with the stomach to stay in the market are gobbling up the limited inventory, especially new homes, as builders continue offering incentives to hopeful homeowners.
Click Read More below for more information and video from Altos Research.
What do Homeowners need to know about selling in today’s market? You’ve probably heard about the cooling of the housing market and you may be thinking of selling your home and wondering what that means for you. While it’s not at the same peak intensity we saw during the pandemic it’s still a seller’s market.
Zillow’s “Zestimates” can be tweaked if you know how to add improvements to Zillow’s valuation methodology. You need to be the owner, or owner’s agent to do this, or an unscrupulous hacker. Actually, you don’t even need to be a hacker, anyone can do it. Zillow does offer valuable information they gather from Public Records. But, you’re not going to get a bank to loan you money based on a Zillow “Zestimate.”
Where homes are very similar (condos/townhomes) sometimes Zillow’s “Zestimates” can be helpful. But, if you live in an area where the home styles vary, for real estate agents (your best source for what the true value of your property is) Zillow’s “Zestimates” can drive you crazy. Many home sellers and buyers give credence to Zillow’s “Zestimates.” Unfortunately the degree of accuracy of Zillow’s “Zestimates” can vary dramatically from neighborhood to neighborhood. To real estate professionals is what makes this video so hilarious, and wonderfully ironic…enjoy!
Southern Santa Barbara Real Estate Year to Date Sales Statistics. August 2019 Provided by Fidelity Title Company of Santa Barbara....
ESTANCIA IN SANTA BARBARA
As you drive up Upper State Street and glance north to the Santa Ynez mountains you might have noticed a new development of elegant single family residences and townhomes. Although the project by Franciscan Development is still under construction, it’s easy to see that something significant is emerging.
Estancia Santa Barbara is located at 3714 State Street. Estancia offers 72 residences. Sizes range from 1459 to 2063 square feet. Currently 3 homes are listed for sale on the Santa Barbara MLS, and prices range from $965,000 to $1,315,000.
Tree lined streets encircle the residences, and common areas create a sense of community and engagement within this unique enclave of Spanish Colonial Revival styled homes. Sleek interiors, airy floor plans, expansive windows, and french doors that open to the outdoors are all part of the forward thinking contemporary design.
Surrounded by spectacular views of the Santa Ynez mountains the community green offers a central open air space with a footbridge that stretches across a gently curving stone creek bed. Numerous fountains can be found along with a tiled shaded veranda designed for outdoor gatherings and relaxation.
Image Pixabay Moving can be a challenging prospect, especially when you have children involved. Here are a few tips to...
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