Oprah drops by the Montecito Starbucks on Coast Village Road on Sunday to promote her new Chai Tea!
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Home prices in Santa Barbara continue to fluctuate, presenting a mixed picture for buyers and sellers. While the median listing home price currently averages around $2.6 million, data from Zillow indicates that home values have increased overall by 7.2% over the past year. This rise, however, comes with neighborhood variations in values. Prime neighborhoods with homes in excellent condition, priced realistically, are moving. Homebuyers taking part in this market should brace themselves for possible bidding wars, particularly in the better neighborhoods. August sales in 2024 were up from the same time in 2023. For more detailed information click Read More below.
The Bond real estate brokerage in NYC now accepts Bitcoins.“The Bitcoin is a convenient and inexpensive way for our customers to transfer money, so we see it as a win-win situation which will impact the real estate industry,” said Noah Freedman, co-founder of Bond New York. In what may be a first for a traditional real estate firm, Manhattan-basedbrokerage Bond New York has announced it will now accept Bitcoin as payment for real estate transactions.
Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers.
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