I have noticed through the years that when family, friends or acquaintances discover that you practice the business of real estate, there seems to be instantaneous conversation and interest. There is always something to talk about; whether it is the mortgage rates, the economy’s effect on the real estate market, the lack of or over supply of properties, the increase, or as in the past few years, the decline in property values, whatever the issue, real estate has, is and most likely will always be a point of extreme interest. Let’s face it; home ownership is undoubtedly the biggest investment to be made in one’s lifetime! Continue reading “Proposition 60 — Do I Qualify?” »
With the uncertainty of the real estate climate, home staging can be an effective tool to help sell your home quickly. Hiring someone to prepare your home so it makes a good impression on buyers can really pay off for several reasons.
1. Staged Homes Sell for More Money: Research verifies that staged homes on average sell for more than non-staged home. According to the NAR, stage homes sell for an average of 6.9 to 10 percent over listing price. Additionally, the average staging investment is between 1 and 3 percent of the homes asking price.
2. Staged Homes Sell Faster: Various statistics on the effects of home staging suggest that staged homes sell for 30 percent faster. Continue reading “Top Ten Reasons for Staging Your Home” »
These are the names of the great architects who influenced Santa Barbara’s Mediterranean Style Architecture, often under the guidance of Civic Leader, Pearl Chase.
After the 1925 earthquake, Ms. Chase made it her mission to see that Santa Barbara downtown was rebuilt in the Spanish/Mediterranean style architecture of today through her wide-ranging influence and tireless advocacy. To learn more about Pearl Chase Society, click here. Continue reading “Learning About Santa Barbara Architecture” »
This is a fast-paced world we live in. It often seems as if just when you’ve mastered the latest toy, tool, or transition — boom! — there’s something newer, shinier, and better. [Or so they say!]. We’re experienced professional real estate agents and brokers, and although not all of us may be social media wizards, we are perfectly aware of its impact and importance in today’s marketing world. So with the help of our younger net-savvy agents and crack marketing team, Village Properties has established a well orchestrated comprehensive social media presence, with all its myriad components working relentlessly towards one goal; helping you. Continue reading “Village Properties, New Media Marketing” »
The Santa Ynez Valley is experiencing a surge in real estate sales for 2012. So far, from January 1 to May 31, 2012, we have placed 207 properties in escrow in the Santa Ynez Valley. In 2011, a total of 194 properties closed escrow. We are on a record pace for sales and could double the number of sales in 2012 as compared to 2011 given the current number of properties in escrow.
For the months of April and May, 2012 alone, there have been 99 properties put into escrow as compared to 53 in 2011. This is an increase of close to 100%. Continue reading “Santa Ynez Valley, 2012 YTD Update” »
About 100 people gathered last Tuesday morning at the Santa Barbara Courthouse to celebrate the sounds and sights of landmark renovations of the Courthouse Clock and Spirit of the Ocean fountain.
With an enthusiastic crowd countdown at 11 a.m. sharp, the sound of the courthouse bells began chiming, driven for the first time in more than 80 years by the fully renovated courthouse clock, and water once again flowed from the meticulously restored Spirit of the Ocean fountain. Continue reading “Santa Barbara Courthouse Clock Up And Ticking!” »
The sun is not only shining on Santa Barbara’s beautiful beaches and foothills but also the local real estate market. Simply put, sales are up strongly and inventory is down. Months of inventory for Santa Barbara’s South Coast, from Carpinteria to Goleta, is at a jaw-dropping 2.6 months; 2.8 months for houses and PUDs and 2.3 months for condos. (PUD stands for “Planned Unit Development,” free-standing homes in a housing association.)
Buyers are signing offers, writing deposit checks, negotiating great prices, and entering escrow in surging numbers. House and condo prices have become too tantalizing to resist, and qualified buyers, many with all cash, are jumping into the market without hesitation. Continue reading “Real Estate Market Update” »