The Santa Barbara real estate market has enjoyed a historic run in home values over the course of a decade. As a result, real estate in Santa Barbara has become a luxury commodity. However, despite rapid appreciation, demand remains intact and should catalyze activity moving forward. It appears that today’s high prices aren’t enough to scare away buyers. This post includes sales statistics provided by Fidelity Title Company and a video about Market Trends nationally by Altos Research to give you a more defined overview of market conditions.

MORTGAGE RATES AUGUST 13, 2023

__________________________________________________________________

Mark Danforth Lomas

Recent Posts

Housefishing

The Invisible Wall – Is “Housefishing” Breaking Real Estate? In the dating world, they call…

6 hours ago

Weekend Open Houses March 21 & 22, 2026

Explore this weekend’s featured open houses across the South Coast. From coastal retreats to hillside…

2 days ago

Your Dream Life Awaits: The 17th Annual Dream Big Raffle

This is a stunning property! A 5,000-square-foot custom estate in Calabasas for the price of…

2 weeks ago

All Cash Offers

The "all-cash offer" has become a buzzword that hides two very different animals: the Private…

3 weeks ago

Southern Santa Barbara Real Estate

Half of Homes Sold in 20 Days! Another week, another strong showing for the Southern…

3 weeks ago

Mortgage Interest Rates fall below 6%!

average 30‑year fixed rate recently hit 5.99%, matching its lowest point in more than two…

3 weeks ago