Santa Barbara Real Estate and the Local Economy
Miramar Hotel Approved!
On April 14, 2015, the Santa Barbara Board of Supervisors approved Rick Caruso’s application to build the Montecito Miramar Hotel....
Padaro Lane, Carpinteria, California
Possibly the most desirable address in Santa Barbara! Unimaginably beautiful oceanfront homes! Currently, there are four homes for sale on...
Solar Panel Pros and Cons When Selling
Can going green by leasing solar panels for your roof save you or cost you money when you go to...
The Millennials Are Moving!
Kenneth Harney recently reported in the LA Times that the millennials that appeared to hold out on purchasing real estate...
Are Zillow’s Zestimates a Deal Killer?
The issue is how accurate is Zillow. Not very. The average Zestimates have an error rate of 8% nationally says Spencer Rascoff Zillow’s CEO. What Rascoff did not share is that the localized error rate sometimes far exceeds 8%.
That’s a problem!
The localized error rate in Manhattan is 19.9%, in San Francisco 11.6% (it’s actually much higher since approximately 25% of San Francisco’s listings do not ever go on the MLS which is where Zillow gets its data), and error rate is an astounding 26% for some rural counties in California?
Zestimates are hardly gospel – and often far from it!
Steve Martin’s Spectacular Concrete Home
He’s a wild and crazy home collector, but Steve Martin has lately been letting some real estate go. The comedian...
Home Buyers Optimistic for 2015
Here’s an update on housing trends. Or, more precisely, here’s an update on what people think the trends will...
The Bus Home
The “Bus Home” is a shelter. Created by Dennis Oppenheim and featured in Time Magazine. The Bus Home was erected just south of Santa Barbara in the community of Ventura, California in 2002.
Time Magazine called the Bus Home, ” A sculptural roller coaster!” The artist shares that, “The Bus Home is a shelter. The work depicts the metamorphosis of a bus becoming a house. This frozen animation of one image into another takes the form of a looping corkscrew entering the ground, and coming up again. It slowly transforms a bus into a house.
For the tired and often alienated traveler, the experience of waiting is to be intervened by the realization that the transaction will be complete. The passenger will arrive at their destination. They will arrive home!”
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570
