Santa Barbara Real Estate Market for 2012. The Santa Barbara Real Estate Market Starts 2012 with a BANG! The number of homes sold in Montecito doubled in January 2012 when compared with January 2011. A 100% increase! The number of Montecito homes listed for sale was up 36.4% over this same time. The median sales…
Santa Barbara Real Estate Market Sales Surge. The Santa Barbara real estate market saw 238 properties go into escrow between January 1st and March 5th, 2012. This compares with only 66 Santa Barbara properties that went into escrow in 4th Quarter 2011. The high end luxury Montecito real estate market also started participating in 2012 after being dormant. So far…
Santa Barbara Real Estate Pending Sales Surge. Santa Barbara Luxury Real Estate Market Participates The Santa Barbara Luxury Real Estate market has participated in the pending sales surge in a big way in the last several weeks. The notable Santa Barbara luxury real estate sales currently in escrow include a historic Montecito Estate listed at $19.5 million. Another…
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…