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In a showdown between the Santa Barbara Association of Realtors and the City of Santa Barbara the SBAOR has agreed […]
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Home prices and year over year price gains hit another new hight nationally as prices continued to rise during a time of year that they usually decline.
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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.
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Harry and Meghan, the Duke and Duchess of Sussex, have set up a permanent home for themselves and their son Archie in Santa Barbara
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Zillow’s “Zestimates” can be tweaked if you know how to add improvements to Zillow’s valuation methodology. You need to be the owner, or owner’s agent to do this, or an unscrupulous hacker. Actually, you don’t even need to be a hacker, anyone can do it. Zillow does offer valuable information they gather from Public Records. But, you’re not going to get a bank to loan you money based on a Zillow “Zestimate.”
Where homes are very similar (condos/townhomes) sometimes Zillow’s “Zestimates” can be helpful. But, if you live in an area where the home styles vary, for real estate agents (your best source for what the true value of your property is) Zillow’s “Zestimates” can drive you crazy. Many home sellers and buyers give credence to Zillow’s “Zestimates.” Unfortunately the degree of accuracy of Zillow’s “Zestimates” can vary dramatically from neighborhood to neighborhood. To real estate professionals is what makes this video so hilarious, and wonderfully ironic…enjoy!
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Despite low inventory, we continue to see more homes going into contract and closing escrow than this time last year. Low supply and high demand is driving prices up. Buyers are relocating here from more urban environments while capitalizing on low interest rates.
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With a little help from their friends Old Spanish Days – Fiesta will take place this year from August 5th through August 9th. This live stream of Fiesta 2020 is brought to you with the generous help of TV Santa Barbara. For more information visit their website: Old Spanish Days – Fiesta
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July 30, 2020: California’s economic recovery has made significant progress, but many key indicators point to more bumps in the road. Tune in to this Southern California economic update for the most up-to-date economic and housing market information.
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The housing market came roaring back in June, as low mortgage rates and increased economic activity helped push sales of previously owned homes up 20.7% from the prior month.