Like today’s weather of 72 degrees and sunny skies, Santa Barbara’s real estate market is currently near perfect for buyers. Year low buyer competition, historically low interest rates which just went under 4 percent for 30-year fixed loans, and seasonally motivated sellers are creating the best conditions seen all year. The only less than desirable factor is the number of homes available for sale, which is 16% lower than the peak level of mid-September but 4% higher than the same time last year.
In addition to the fantastic home buying opportunities we’re seeing in Santa Barbara this holiday season there are many fun filled events scheduled. With the beautiful Mediterranean weather we’re continuing to experience it will be easy to take advantage of relaxing while enjoying the festivities either indoors or out. A comprehensive calendar of this year’s local holiday events can be viewed by clicking on one of the following links.
Thanks to everyone for your inquiries and patronage throughout the year. I had the great honor of receiving the Howard C. Gates Achievement Award at the Santa Barbara Association of Realtors last Friday. This award is given to the agent who demonstrates the most proficiency, skill, and thoroughness in successfully closing a transaction that might not have closed without the agent’s efforts. I’m fortunate to have the tools and abilities to provide the highest level of service to my clients and appreciate the opportunity to assist all of you that have real estate inquires now and in the future.