Does your guest house have a kitchen? That can make your guest house rentable. More guest houses will be rented now that the State of California allows adding a full kitchen to guest houses and accessory buildings. The new law applies to all properties in the state. The State overturned all city and county ordinances against in-home apartments, or guest house rentals, as of January 1, Continue Reading about Montecito Connection: May -June 2017: Guest House Kitchens, Now They’re Legal
Market Mojo Report – May 2017: Missing Out on New. It’s An Easy Mistake.
Aren’t new houses more expensive than older homes? That is the common wisdom. What if a new home was a better buy than a used one? Imagine. A new home with everything working perfectly may indeed be a better buy than an older home that needs repairs. We are so used to older homes with all of their issues. I’m attracted to new houses. There are a couple of new subdivisions in town that I find Continue Reading about Market Mojo Report – May 2017: Missing Out on New. It’s An Easy Mistake.
April 2017 – Second Quarter Client Newsletter
Santa Barbara Real Estate The median priced home of $1,125,000 remains exactly the same as it was a year ago. Prices have not changed in the past 12 months. Inventory is still constrained with only 3.8 percent more new listings than last year. Sales in the first quarter were solid. The number of homes sold was up 5 percent compared to the first quarter of 2016 on the South Coast. Santa Barbara Continue Reading about April 2017 – Second Quarter Client Newsletter
Market Mojo Report: April 2017
New Law Legalizes Granny Flats Granny Flats, In-Law Quarters. These practical but often illegal income-producers have a new champion. The State of California has overturned all city and county ordinances on these rentals as of January 1, 2017. The state has substituted liberal laws for legalizing or creating these rental units. California has re-defined what it means to be a single family home. Continue Reading about Market Mojo Report: April 2017
Market Mojo Report: March 2017
Home Building - Part Four How long does it take to build a house? My client Ron Abeles closed escrow on 129 Oliver Road on August 30, 2013. He quickly tore down the house and began the process of building a new home. He set September 2016 as his move-in date, which was extended multiple times and eventually became March 2017. That is three and a half years from start to finish, except for Continue Reading about Market Mojo Report: March 2017
Montecito Connection: March – April 2017
Making Your Home Look Outstanding Gavin Cater can come to your home for an hour or two, and then transform it from good to great. He is an excellent real estate photographer, and a member of my team. I work with Gavin because of the results he helps me to produce: increased values. Part of what sets Gavin apart from many others is the time he spends in post-production — that is after he Continue Reading about Montecito Connection: March – April 2017
Market Mojo Report: February 2017
Making Your Home Look Outstanding Gavin Cater can come to your home for an hour or two, and then transform it from good to great. He is an excellent real estate photographer, and a member of my team. I work with Gavin because of the results he helps me to produce. Sales. Sales. And Sales. Part of what sets Gavin apart from many others is the time he spends in post-production — that is after Continue Reading about Market Mojo Report: February 2017
January 2017 – First Quarter Client Newsletter
We had a solid year in 2016 with prices up 3.6 percent for the median priced house on the South Coast, growing from $1.1 million to $1.14 million. For the entire year Berkshire Hathaway home sales were up, keeping the company in the number one position for both number of sales and dollar volume of sales compared to all local companies. I was in the top 1 percent of agents across the country. Continue Reading about January 2017 – First Quarter Client Newsletter