Archive for January, 2008
Santa Barbara CA Neighborhoods - The Upper East
categories: Santa Barbara, The Upper East Neighborhood
The Upper East
- Santa Barbara
It is generally believed the Upper East is one of Santa Barbara’s most prestigious neighborhoods. The “Upper East” is defined by its location east of State Street and above Valerio Street, and then eventually merges into the Mission Canyon neighborhood and the Riviera foothills.
The Upper East is a wonderful walking neighborhood, though residents often do not get too far for the frequency with which they run into friends to chat with along their way. Because the topography is relatively flat to gently sloping, a healthy walk to downtown is very doable, as is a stroll through the nearby Mission rose gardens. Residents especially enjoy the convenience of being minutes from the city stores, museums, theaters and most of downtown. The newly reconstructed and very highly regarded Roosevelt School serves the Upper East and many of its students walk the few blocks to and from school each day.
Learn More About The Upper East, Upper East Schools and Upper East Real Estate
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Trust Me, Don’t Worry - Santa Barbara Real Estate Predictions for 2008
categories: Buyer's Resources, First-time Home Buyers, Real Estate News
One rule you should learn as a Realtor is to never say, Trust Me Don’t Worry. Well, I guess I am breaking this rule (partly at least) and giving you one prediction for Santa Barbara Real Estate in 2008.
The part of the rule I am breaking is the Trust Me part, so here it goes.
Trust Me, there are already many investors in 2008 poking around that recognize that a buyer’s market in Santa Barbara is an excellent time to purchase real estate.
The Santa Barbara real estate market is very unique for many reasons, some of them basic economics with demand for homes often being greater than supply. From 1997 until 2005, this basic supply v. demand economic concept has been one of the major influences in the skyrocketing real estate values here in Santa Barbara and Montecito. Real estate investors have also been a good portion of this demand from 1997 to 2005. As the market slowed the last 2 years and prices dropped, real estate investors were then the last people to be seen. This though is starting to change.
I myself have had several calls and conversations with investors in the last few months of 2007 and into early 2008. I have also started looking for property with 3 different investors just in the last 3-4 weeks. I have also talked with other agents who say they as well have “investor clients” who are starting to get active and serious.
For many, condos are still a big question, but single family homes are starting to find a level ground and investors are starting to talk about writing offers. Exactly how much activity this will be is anyone’s guess. What I can say for certain is, Trust Me, the Santa Barbara real estate investor has started to become active again.
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Santa Barbara Real Estate Market Update for the Goleta South Real Estate Area - Overall Yearly Sales Statistics for 2007
categories: Goleta, Market Statistics / Updates
Goleta South Real Estate for January 1, 2007 - December 31st, 2007
I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Goleta South area:
- The total number of single family homes sold was 65. Overall the average sales price in 2007 was at $1,087,269. The average days on the market were 65 in 2007.
- The total number of condos / townhomes sold was 74. Overall the average sales price in 2007 was at $554,627. The average days on the market were 70 in 2007.
- The total number of PUDs sold was 9. Overall the average sales price in 2007 was at $1,102,444. The average days on the market were 27 in 2007.
The highest reported sale in the Santa Barbara Real Estate area for the Goleta South area was on Vintage Ranch for $2.595 Million. The lowest reported sale in the Santa Barbara Real Estate area for the Goleta South area was $270,000.
These numbers were broken down into sales for single family homes, condos / townhomes and PUDs (Planned Unit Developments). Please feel free to contact me with any questions that you may have about these statistics, the specific Santa Barbara areas or the market in general for the Santa Barbara Real Estate area.
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Santa Barbara Real Estate Market Update for the Goleta North Real Estate Area - Overall Yearly Sales Statistics for 2007
categories: Goleta, Market Statistics / Updates
Goleta North Real Estate for January 1, 2007 - December 31st, 2007
I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Goleta North area:
- The total number of single family homes sold was 139. Overall the average sales price in 2007 was at $1,173,843. The average days on the market were 71 in 2007.
- The total number of condos / townhomes sold was 45. Overall the average sales price in 2007 was at $585,009. The average days on the market were 68 in 2007.
- The total number of PUDs sold was 12. Overall the average sales price in 2007 was at $961,375. The average days on the market were 99 in 2007.
The highest reported sale in the Santa Barbara Real Estate area for the Goleta North area was on Refugio for $8.2 Million. The lowest reported sale in the Santa Barbara Real Estate area for the Goleta North area was $409,750.
These numbers were broken down into sales for single family homes, condos / townhomes and PUDs (Planned Unit Developments). Please feel free to contact me with any questions that you may have about these statistics, the specific Santa Barbara areas or the market in general for the Santa Barbara Real Estate area.
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Santa Barbara Real Estate Market Update for West of State Area - Overall Yearly Sales Statistics for 2007
categories: Market Statistics / Updates, Santa Barbara
Santa Barbara Real Estate for West of State for January 1, 2007 - December 31st, 2007
I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for West of State area:
- The total number of single family homes sold was 199. Overall the average sales price in 2007 was at $1,182,117. The average days on the market were 70 in 2007.
- The total number of condos / townhomes sold was 77. Overall the average sales price in 2007 was at $760,060. The average days on the market were 85 in 2007.
- The total number of PUDs sold was 6. Overall the average sales price in 2007 was at $1,185,667. The average days on the market were 124 in 2007.
The highest reported sale in the Santa Barbara Real Estate area for West of State was on Via Laguna for $5.55 Million. The lowest reported sale in the Santa Barbara Real Estate area for West of State was $380,000.
These numbers were broken down into sales for single family homes, condos / townhomes and PUDs (Planned Unit Developments). Please feel free to contact me with any questions that you may have about these statistics, the specific Santa Barbara areas or the market in general for the Santa Barbara Real Estate area.
View the following West of State Neighborhoods: The Westside, The Mesa, Campanil Hill
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Santa Barbara International Film Festival Kicks Off!!
categories: Community Events, Lifestyle / Things to Do, Santa Barbara
The 23rd installment of the Santa Barbara International Film Festival (SBIFF) kicks off tonight and continues through February 3rd, featuring 220 films including 20 World Premieres, located in various venues throughout Santa Barbara. The festival itself has grown tremendously in the last 5 years under the direction of Roger Durling.
For locals, one of the greatest aspects of the SBIFF is the representation of local directors and film makers from the Santa Barbara, Montecito and surrounding areas. View the entire schedule of events, films, talks, tributes, panels, directors…you name it.
This years honorees for various awards are:
Cate Blanchett receiving the esteemed Modern Master Award, moderated by long-time friend o’ the fest, Leonard Maltin on Saturday, January 26.
Javier Bardem receiving The Montecito Award, moderated by SBIFF Director Roger Durling on Monday, January 28.
Ryan Gosling receiving the newly-created Independent Award, moderated by Entertainment Weekly Bureau Chief Sean Smith on Tuesday, January 29.
Tommy Lee Jones receiving the American Riviera Award, sponsored by The Bluffs along the Santa Barbara Coast and moderated by another long-time friend, Pete Hammond, on Friday, February 1.
Angelina Jolie receiving the Outstanding Performance of the Year Award, moderated by Pete Hammond on Saturday, February 2.
Learn more about Santa Barbara and Montecito.
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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Snow in Santa Barbara, CA!!!
categories: Santa Barbara
The American Riviera blanketed in snow.
Well…at least the peaks of the Santa Ynez Mountain range. Usually once a winter we get a cold enough weather front passing through the Santa Barbara area that dusts the tops of the mountains with 1-4 inches of snow. This weather front saw the snow level drop to between 2000 and 2500 feet. Whenever this happens, wonderful views abound from wherever you are in the Santa Barbara area.
Learn more about Santa Barbara.
Kevin Schmidtchen - Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to comment below with any thoughts.
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