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Tuesday, July 9, 2013

What's Happening in the Santa Barbara Market?



Our inventory in the Santa Barbara area is extremely low and anything that comes onto the market at a decent price is selling relatively quickly!

As inventory drops, a lot of buyers are concerned about locking in at a low interest rate so they are looking at homes just outside the Santa Barbara area. I can help you find a home there too!

Multiple Offer Situations
Because of the low inventory, multiple offer situations are the norm now. If you aren’t sure how to make sure you get the home of your dreams, watch my video blog titled “Bidding Wars” or you can give me a call at 805.448.3890 and I could help you with any of your questions!

The medium price from last year to this year has increased from $797,000 to $879,000. With such a great market, you need a seasoned and experienced realtor to help you get the home you want.

The last thing I wanted to mention was if you wanted to do a 1031 Tax Exchange. If you have a rental property that has depreciated and you are looking to move your money into another property, I can help you save money and answer all of your questions.

So please give me a call to start on your next real estate move!

1 comment:

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