Happy New Year
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Happy New Year
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Navigating a changing real estate market As we head into 2023 the housing market finds itself at a turning point, hindered by a dramatic spike in mortgage rates that chilled the market. A storm was brewing as sellers came to terms with the fact that volatile mortgage rates were rising and pushing some buyers to the sidelines dampening demand for their homes. Yet supply is still tight and home prices went up faster throughout the year than many American incomes. The cooling housing market also leveled the playing field for all types of brokerages as change became the new normal.
Santa Barbarians pride themselves on maintaining a low-key demeanor around many of the notables we see around town. So, standing in line behind George Lucas at Starbucks in Montecito is no big deal right? Marco?
The Museum of Contemporary Art, MCA, of Santa Barbara is offering a "Dream Home Raffle" with a 1 in 20 odds of winning over 2,500 prizes. You could win this "Dream Home" or choose $3,000,000 in cash.
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