Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022There are currently only 41 active listings in Montecito, I am sure an all-time low! Last week saw 2 New Listings, both…

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022Last week, Montecito certainly heated up. 6 New Listings were brought to market, two of which were re-listed properties with an average…

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022Last week was steady, duplicating much of what we saw the week prior, with 3 New Listings and 3 Pended Sales. Although, behind…

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022Last week in Montecito activity heated up, with 3 New Listings, 4 Pending Sales and 6 Closed Sales. The New Vacant Lot Listing…

Mortgage Rates Drop Below 5%

Updated: Sep 29, 2022For the first time since April, Rates hit 4.99% last week, falling swiftly from 13-year high of 5.81% in June.In Summary, last…

SHRINKFLATION

Updated: Sep 29, 2022Are luxury homes getting smaller?Dubbed “shrinkflation,” the size of the average $1 million dollar home has rapidly shrunk to 2,350 square feet…

Facts, Fiction & Inspiration

Summary: Pricing remains strong, inventory remains low Home Equity is the biggest contributor to Net Worth The Economic Symposium is starting and is an important…

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022New listings in Montecito slowed down by 50% compared to the week prior with only 4 New Listings coming on the market.…

Montecito Real Estate Market Snapshot

Updated: Sep 29, 2022Last week in Montecito we picked up the pace with 5 Pending Sales, including the showstopper up Toro Canyon Park Road listed…