The Santa Barbara Unity Shoppe Telethon takes place this Saturday, December 10, 2016, from 4 to 8 pm on KEYT television (channel 3 / or 1003) call 805.845.5555 to contribute. For more information about Unity Shoppe and its charitable work visit their website at Unity Shoppe in Santa Barbara
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Have a great 4th of July!
Even though the summer homebuying season is officially here, the housing market is still experiencing a winter chill. The national average 30-year fixed mortgage rate remains elevated compared to last year, hitting a year-to-date high of 6.79% the week ending June 1, according to Freddie Mac. Though the median existing-home sales price edged lower year-over-year for the fourth consecutive month—a promising sign for home shoppers—experts don’t expect substantial, nationwide price declines anytime soon. Click Read more below for the entire post and videos.
Home prices in Santa Barbara continue to fluctuate, presenting a mixed picture for buyers and sellers. While the median listing home price currently averages around $2.6 million, data from Zillow indicates that home values have increased overall by 7.2% over the past year. This rise, however, comes with neighborhood variations in values. Prime neighborhoods with homes in excellent condition, priced realistically, are moving. Homebuyers taking part in this market should brace themselves for possible bidding wars, particularly in the better neighborhoods. August sales in 2024 were up from the same time in 2023. For more detailed information click Read More below.
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570
