Santa Barbara Real Estate – Multiple Offers Nets Sales Over Asking! Several recent sales have resulted in multiple offers and sales over asking price. The largest so far is a 2,300 square foot beach house on Sand Point in Carpinteria. It was listed for $9 million. It sold at $9.1 million. Others include a recently…
Zillow Zestimates Inaccurate – LA Times Feb 8, 2014. The La Times reported “..disparities are a daily occurence.” Zillow CEO Spencer Ranscroft states Zestimates are a good starting point but nationwide there is a median error rate of about 8%. The story goes on to say that in some areas they are off by…
Santa Barbara Real Estate Statistical Update – Mid January 2014 The Santa Barbara real estate statistics for Santa Barbara Real Estate and Montecito Real Estate are very different. The Santa Barbara real estate market statistics show there the number of Santa Barbara homes sold is down 13.6% over this same time in 2013. The number…
Santa Barbara Real Estate versus National Real Estate News. We have all been hearing about the negative real estate news coming from the National Home Builders like Toll Brothers, Pulte Homes and DR Horton explaining that they are canceling options on land, and cutting their supply in the wake of weak housing data. It should…