SANTA BARBARA AREA INFO
The Santa Barbara area (also known as the South Coast or Southern Santa Barbara County) is generally known to consist of Carpinteria, Summerland, Montecito, Santa Barbara, Hope Ranch and Goleta. Cities to the North of us, from 35 to 75 minutes drive, include Lompoc, Santa Maria, Buellton and Santa Ynez. The nearest cities to the South of us are Oxnard, Ventura and Ojai about 40 miles South and East. Los Angeles is about 100 miles South, which guarantees our tourism industry. There are about 100,000 people in the City of Santa Barbara, and another 100,000 in the South Coast, so we are a comfortable community of 200,000 nestled between the mountains and the sea.
BARBARA REAL ESTATE AND ECONOMIC NEWS
Prices dropped 40% between 2006 and 2012, but we experienced a 15 to 20% rebound in the last year.
You can find 30 year fixed rates around 4.5%, which is $507 per month per $100,000 borrowed. If you find a home that works for you and that you can afford, buy it!
For a free summary of the most recent Real Estate and Economic
The localized Santa Barbara real estate market means that you will need a good Buyer's Agent to succeed, so contact Kevin Young: I have 30 years of local experience helping Buyers in Santa Barbara.
To see what is available for sale in your price range go to www.sbhomesearch.info. Or, search by neighborhood www.sanroquehomes.info, www.mesahouses.info, www.hoperanchhomes.info, www.montecitohouses.info, www.rivierahouses.info, www.sbunits.info.
Long considered one of California's most beautiful communities, Santa Barbara occupies a narrow plain that slopes southward from the rugged Santa Ynez Mountains to palm-fringed Pacific beaches. The weather is truly world class and usually warm throughout the year. There is an abundance of Spanish-Mediterranean architecture with red-tiled roofs and white walls. There is a wide selection of things to see and do in Santa Barbara, such as the Mission, Museum of Art, Lobero Theatre, the Courthouse, Bird Refuge, Zoo, ocean and harbor activities, parks, Cabrillo Blvd. bikepaths, Paseo Nuevo shopping plaza, botanic garden, ocean view hiking trails, etc. Out of towners are often shocked at the high prices in the Santa Barbara area. But remember, you're not just buying a building of wood and stucco, but rather a lifestyle and weather envied the world over. Santa Barbara has unimaginable beauty with its location between the mountains and the sea. Cultural opportunities abound and the people are laid-back.
The community of Montecito is an outgrowth of a resort area to which wealthy people flocked during the late 1800's, attracted by the mild climate, mineral hot springs and mountain and ocean vistas. The area has many great houses on large estates with lush lawns, shrubs and trees, and is located just just a few freeway exits South of the city of Santa Barbara.
To search the Montecito inventory go to www.montecitohouses.info
is a small city of about 25,000 people, incorporated in
1965, located between the towering (3000 feet) Santa Ynez
Mountains and the PacificOcean, about 10 miles South of
Santa Barbara. It is known as a beach town, featuring
"the world's safest beach". The Carpinteria
Valley is known for its mild climate, scenic environment
and proximity to Santa Barbara, Ventura and Los Angeles.
Captain Gaspar de Portola named the Valley (Carpinteria
= Carpentry) in 1769 after seeing all the Tomol canoes
being built on the beach by the Chumash Indians.
This community of close to 75,000 people has incorporated itself as a new city (after 4 tries) in February of 2002. It is located off the six freeway exits next to and North (actually West) of Santa Barbara. Goleta has an important agricultural economy but also houses over 80 research and development companies in electronics and space technology.
Many companies were adversely affected in the early 90's due to the downsizing of the defense industry, but they were replaced with new businesses in computer software, medical technology and UCSB spinoffs, so much so that the area is now called "Silicon Beach". Also located here is the municipal airport with daily flights to Los Angeles, San Francisco, San Diego, and Denver, among others.
Most entry level buyers end up in Goleta because you get more house for the money than in Santa Barbara, yet it is only 5 to 10 miles North of the City. Most of the homes are ranch style tract homes, 25 to 30 years old, with 3BR's and 2Baths mostly being in the range of $700,000 to $900,000. The 2 areas to consider in Goleta are Goleta South on the ocean side of the freeway, and Goleta North on the mountain side. One of my favorite Goleta neighborhoods is Ellwood Shores, where you can still walk and bike to the beaches North of UCSB through miles of trails and recently saved open space (Ellwood Shores). Condominiums in Goleta start at $350,000 (when you can find them) for 1BR's (and $450,000 for 2BR's) at La Goleta, a complex of several hundred units with pool, central laundry rooms, and fees of $310/mo. 2BR condos start around $480,000 in other complexes, going up to $950,000 for 2-year old 4BR 3Bath Spanish Mediterraneans on small lots .Mobile homes start at $79,000 with fees of $375 to $600/month: this is our new affordable housing! Go to www.goletahomes.info to see what is for sale.