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The Santa Ynez Valley real estate market was relatively lackluster last week. Here are the numbers: 1. NEW LISTINGS: There were 6 new single family listings, from $199,000 (condo) to $2,465,000. Three of the new listings were of distressed properties, bank-owned and short sales. The median price was $572,000. In many ways, these listings reflect the sales. At the lower end,...Continue Reading.
Yesterday's Solvang Farmers' Market had pretty much the same wonderful range of produce as last week. There were still lots of heirloom tomatoes, pumpkins, apples, basil, dill and parsley. This week there was a wonderful array of lettuces....just beautiful (sorry no photo). . Some of the gems included squash blossoms, wild arugula, baby bok choy and yes, lovely grapes and...Continue Reading.
You have found your perfect property, reached terms with the Seller, close the deal, get those beautiful keys, open the door...trick or treat? One of the most important aspects of your purchase is the investigation of property. The typical period allowed for this in California purchase agreements is 17 days from the date of acceptance. In nearly all transactions this...Continue Reading.
There were seven properties on the Santa Ynez Valley MLS caravan today. This week covered the west side, mid-S0lvang through Buellton and the Sta.Rita AVA corridor in Lompoc. The two standouts today were 783 Fredensborg Canyon, Solvang and 1655 Cougar Ridge, Buellton. Both of these properties offer great privacy, although they are in very different locations. 789 Fredensborg is very privately...Continue Reading.
The bounty was awesome at yesterday's Farmers Market in downtown Solvang. This is the largest Farmers Market in the Santa Ynez Valley and is held on Wednesdays 3-7 PM. The leeks, cippolini onions and remaining heirloom tomatoes made me think that it was time for some winter fare...a great daube or stew or steak with braised leeks/cippolini. But the...Continue Reading.
If you are one of the many bottom fishers looking to pick up a Santa Ynez Valley property at distressed prices, you might be interested in knowing that my recent analysis indicated that only 13.9% of our current inventory qualify as such. At this time, there are only 15 short sale and 8 REO (foreclosed) active listings. Click for a...Continue Reading.
We had a full caravan today, with 8 properties. I guess the holiday retreat is not yet in full swing. There were a number of properties that were downright wonderful, including 1233 Deer Trail, 2450 Latigo and 1 School Street. Each of these properties is unique and beautifully and comfortably finished. They range from $799,000 - $2,895,000. Deer Trail is a...Continue Reading.
If you were one of those Buyers in line last Spring for 2780 Alta Street, Los Olivos, you might be glad to know that it is back on the market. It sold late April for $625,000, and was just listed for $699,000. From the looks of things, there will be little room pricewise without triggering a short sale. This property...Continue Reading.
Ballard is one of the Santa Ynez Valley's gems, as its oldest township and home to "the little red schoolhouse", which has been in continuous operation since 1881. It is also home to the wonderfully charming Ballard Inn, which has one of the greatest of Santa Ynez Valley restaurants, and offers wine tasting and a great big porch on which...Continue Reading.
The Farmer's Market in Solvang is held every Wednesday 3:00-7:00 PM. It is wonderful, with an array of great fruit and vegetables, local preserves, olives, pies etc. and beautiful flowers. The bounty this week included the Fall favorites, with pumpkins everywhere, but with our Summer temperatures, there was an amazing selection of heirloom tomatoes. Tomatillos are in season, and I picked...Continue Reading.