An increasing number of the world’s wealthiest people are buying non traditional homes outside of where that usually live and the vast majority own two or more homes, new research shows. Ultra-high net worth individuals (UHNW) are classed as those with assets above $30 million and are discerning about what they buy, says the research report from Wealth-X and Sotheby’s International Realty. UHNW buyers look for residences that are environmentally sustainable, technologically sophisticated, or that fit better with their personal and family needs. The average buyer in this sector is 63 years old, married and has a net worth of US$165 million. The top place to buy a second home is the United States followed by the UK and then Switzerland.
For homes bought and sold in the same county sellers over 55 can transfer their current low tax base to a newly purchased home.
This is the land of the Gaviota Coast and it is special beyond compare. Join the docents of the Gaviota Coast Conservancy on this vintage rail car excursion.
Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers.
Thursday, October 22, 2015, an opening reception will begin at 5:30 pm at the Santa Barbara Historical Museum at 136 E. De La Guerra Street that runs through January 17, 2016. For more information, or to make reservations, call 805.966.1601 or visit Santa Barbara Historical Museum Exhibits
1709 Overlook Lane in Santa Barbara, California is a spectacular ocean-view estate. Listed with Sotheby’s International Realty. This 5 bedroom 5 bath home is approximately 5,710 square feet on 0.95 acres. Famed Santa Barbara architect George Washington Smith completed this residence in 1928. The style and grace of this French Normandy masterpiece will delight your senses. The new south-facing gardens and patios look out past the Andre Clark Bird Refuge to the Pacific Ocean and Channel Islands. Offered at $5,250,000
The Santa Barbara AIA’s annual ArchitecTours is a celebration of local architecture. This event draws attention to the extraordinary architectural […]
Santa Barbara Harbor by local artist Chris Potter Livability.com in their 2016 rankings ranked Santa Barbara the 4th best place […]
The initial asking price is a critical aspect of your property marketing plan. Statistics show time and again that homes that are priced properly when first brought to market sell at a higher sales price, oftentimes with better terms and conditions, and in a shorter time frame. “Testing the marketplace” with an inflated over-market value asking price is rarely the best strategy.
A campaign known as IV Safe has a media effort on TV (including NewsChannel 3), radio, and social medial promotes […]
