There’s something desperately missing in your life. You decide to do something about it now, and so you sign up for one of a slew of websites that aim to help yearning hearts like yours find a match. You flip through profiles late at night, and certain phrases or well-lit photos make your heart skip a beat. And when you think you may have found “The One,” you figure it’s time to make an assessment in person. Dating? Or house hunting? It could be either.
Forecast for the 2016 Santa Barbara Real Estate Market Right now there does not appear to be any downside to […]
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Some think that open houses are out of touch and old fashion. Today’s buyer has done their internet research and knows the home before he visits it. As many clicks as your home may generate online, no one is going to purchase a home they’ve never visited. Open houses are deeply rooted in real estate culture for a reason. Buyers need to see, feel, smell, and touch the home.
Even though the Dow Jones plunged 391 points on Friday Americans are increasingly optimistic about housing market conditions, encouraged by growing confidence in their personal financial outlook and the U.S. economy in general. That optimism was revealed in a recent survey by Fannie Mae, the government-sponsored mortgage firm, and it gives a boost to forecasts for real estate activity in the Bay Area and elsewhere in the months ahead.
The majority of home insurance companies contribute claims history information to a database called the Comprehensive Loss Underwriting Exchange, or CLUE.
“It is the place that helps shape who we are. Your generation may well be thankful that you do not have to bear the burdens of owning one – the mortgage, the maintenance, the pain of pulling up roots that run for decades deep. But the reality may be to be thankful for the blessings.”
Hendry’s Beach aka Arroyo Burro Beach in Santa Barbara enjoys a rich history. Located between Hope Ranch and the Douglas Family Preserve, this section of coastline belonged to William N. Hendry who farmed this area with his family in the late 1800s through the early 1900s. In 1884 William N. Hendry leased 360 acres at Arroyo Burro, which included a sizable portion of Hope Ranch, and grew hay, oats, and barley selling much of his yield to stables in Santa Barbara. The Hendrys had 12 children and often invited friends to swim off the beach. Over time the locals came to know the beach as Hendrys. Hendry retired in 1914 and in 1918 sold the farm for $80,000.
An increasing number of the world’s wealthiest people are buying non traditional homes outside of where that usually live and the vast majority own two or more homes, new research shows. Ultra-high net worth individuals (UHNW) are classed as those with assets above $30 million and are discerning about what they buy, says the research report from Wealth-X and Sotheby’s International Realty. UHNW buyers look for residences that are environmentally sustainable, technologically sophisticated, or that fit better with their personal and family needs. The average buyer in this sector is 63 years old, married and has a net worth of US$165 million. The top place to buy a second home is the United States followed by the UK and then Switzerland.
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