John Clees's Montecito Home Southern Santa Barbara Real Estate Year to Date Sales Statistics.
August 2019 Provided by Fidelity Title Company of Santa Barbara.
Homes Currently For Sale in Santa Barbara, California
The Real Estate Scene This graph represents the number of homes sold for that month. In May, following the outbreak of the virus here in southern Santa Barbara County 85 homes sold. In June 161 homes sold, and in July 190 sales.
Home buying demand skyrocketed during the pandemic as interest rates collapsed and an influx of Americans started working from home. However, the Fed's rate hikes have quickly spurred a reversal.
RATES HAVE FALLEN ABOUT 1.5% SINCE MID-OCTOBER. That translates to about $100 a month in savings per $100,000 borrowed. The Housing Market is most definitely Not Frozen source: JVM Blog/ JVM Lending INVESTORS ARE STILL BUYING: Investors seem to see something much of the homebuying world does not. Agents report that they're dealing with investors of every type. The low inventory for Investment properties is fairly limited in Santa Barbara right now making good investment properties very desirable especially if they're priced right. RATES WILL CONTINUE TO FALL: Rates are expected to fall in the first half of 2023. If that happens we may also see more homes for sale. CoreLogic is predicting appreciation next year. (For More Information Click Read More Below)
This website is not the official website of Sun Coast Real Estate. Sun Coast Real Estate does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this website. Real Agents affiliated with Sun Coast Real Estate are independent contractors and not employees.
3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570
© 2025 · Your Website. Theme by HB-Themes.