JUST SOLD 🔑 Closed escrow on this gorgeous unit today. Absolutely loved working with this buyer to find her new luxury condo Downtown Santa Barbara! Welcome to SB 🌴Offered at $1,395,000.
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santa barbara ca luxury real estate
4900 Via Los Santos | Santa Barbara, CA 93111
5 BEDROOMS | 6 BATHS
OFFERED AT $3,395,000
All the luxury at a new low price, recently reduced $140,000!
121 W De La Guerra #9 is a luxurious gated town home in downtown Santa Barbara with garage and private elevator access to the unit! This stunning home is highlighted by incredible vaulted ceilings over an open concept floor plan. Interior appointments include dark mocha wood floors, gas fireplace, center island with sit-at bar, granite counters, stainless appliances and fantastic flow to a large patio through double sets of French doors.
One Twenty One Award winning luxury town home in the heart of downtown Santa Barbara with a walk score of 98! Only steps away from renowned amenities - including restaurants, theaters, galleries, museums, historic sites, boutiques, shopping and beaches.
125 Gray Avenue | Santa Barbara, CA 93101
2 BEDROOMS | 2 BATHS
OFFERED AT $1,799,000
Listing agent: David Kim
Listing Brokerage: Village Properties
2281 Featherhill Road | Montecito, CA 93108
4 BEDROOMS | 6 BATHS | 4,773 +/- SQ FT
OFFERED AT $5,995,000
Listing agent: Nancy Kogevinas
Listing Brokerage: Berkshire Hathaway HomeServices
974 Park Lane | Montecito, CA 93108
2 BEDROOMS | 2 BATHS | 2,291 +/- SQ FT
OFFERED AT $5,500,000
Listing agents: Ashley Anderson + Paul Hurst
Listing Brokerage: Berkshire Hathaway HomeServices
As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate.
For example, let’s assume a young couple purchases and closes on a $250,000 home in January. What will that home be worth five years down the road?
Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They ask them to project how residential prices will appreciate over the next five years. According to their latest survey, here is how much value that $250,000 house will gain in the coming years.
Over a five year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family’s overall net worth.
Bottom Line
If you are looking to better your family’s long-term financial situation, buying your dream home might be a great option.
![Home Equity Increasing as Home Prices Rise [INFOGRAPHIC] | Keeping Current Matters](http://www.keepingcurrentmatters.com/wp-content/uploads/2015/12/Equity-Infographic-KCM1.jpg)
Some Highlights:
- 91.9% of homes in the US have positive equity
- 256,000 homes regained equity in the third quarter of 2015
- 37.5 million homes have significant equity (defined as more than 20%)
In a recent study conducted by Builder.com, researchers determined that nationwide it would take“nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.
Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage a renter spends on housing in each state and the amount needed for a 10% down payment, they were able to establish how long (in years) it would take for an average resident to save.
According to the study, residents in South Dakota are able to save for a down payment the quickest in just under 3.5 years. Below is a map created using the data for each state:
What if you only needed to save 3%?
What if you were able to take advantage of one of the Freddie Mac or Fannie Mae 3% down programs? Suddenly saving for a down payment no longer takes 5 or 10 years, but becomes attainable in under two years in many states as shown in the map below.
Bottom Line
Whether you have just started to save for a down payment, or have been for years, you may be closer to your dream home than you think! Meet with a local real estate professional who can help you evaluate your ability to buy today.
From traditional tile to trendy glass — and shiny metal to rustic wood — there is seemingly no end of choices for kitchen backsplashes today. “Tile is still the most popular backsplash material, with natural stone a fast-growing second,” says John Morgan, 2013 National President of the National Kitchen and Bath Association. “But with the right installer, you can make just about any material work.”
Kitchen backsplashes no longer simply protect walls from spills and splatters, a wide array of eye-catching materials like glass, wood, metals and stone make the backsplash the focal point of today’s kitchens.
In the monthly REALTORS® Confidence Index Survey, NAR asks REALTORS® “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” The map below shows the median expected price change in the next 12 months for each state, reported in the October 2015 REALTORS® Confidence Index Survey Report. REALTOR® respondents from Florida were the most upbeat, with a median expected price growth in the range of five to six percent. In Washington, Nevada, and Colorado, the median expected price growth among respondents was four to five percent.
Nationally, REALTORS® who responded to the October 2015 survey expected prices to increase by 3.2 percent over the next 12 months (3.2 percent in September 2015; 3.0 percent in October 2014). REALTORS® expect the recent strong price growth to moderate as rising prices have made homes “unaffordable” for many, with home prices almost at par with their levels prior to the housing downturn.
Colorful, luxurious and versatile, Boho chic style is perfect for spacious home interiors and small rooms. Boho chic ideas can help add luxury to small rooms, and create inviting and cozy home interiors in spacious living spaces. Here are some inspiring Boho chic ideas for modern interiors decorating and interior redesign in small spaces.