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What is a Woman's Woom? Well you have heard of a man cave, right? This is the room with the big flat screen TV with surround sound, those nasty over-sized lounge chairs, a refrigerator and microwave, oh and a toilet. Well I am here to say that there is a burgeoning demand among women for our own space, a new design...Continue Reading.
Santa Ynez New Listings Outpaced Sales This past week in Santa Ynez real estate, we saw six new listings, three sales and seven prior sales close. The six new listings are all being offered as regular sales (non distressed) and include three properties listed at over $1.0 million. The median listing price is for the six is $1,099,000. In contrast, only...Continue Reading.
Santa Ynez Valley Self Guided Real Estate Tour of Past Week's New Listings This is my third Self-Guided Santa Ynez Valley Real Estate Tour, aimed to please the DIY real estate shopper. This week's tour includes four properties that hit the Santa Ynez Valley MLS this past week and, as of this writing, are still available. I know that the DIYers...Continue Reading.
Risk: The Elephant in the Real Estate Room One of the most critical factors effecting real estate sales these days is the perception of risk among buyers and lenders. What if prices continue to fall? We see this almost every day while working with Buyers of Santa Ynez Valley real estate. I am certain that the issue is the same throughout...Continue Reading.
Will the New Red Barn be Serving Cowboy Cuisine? or Even Cowboys? For those of you who are devotees of the Nichols Brothers (Mattei's Tavern, now Sides Hardware & Shoes), you probably know that they are taking over the Santa Ynez Valley classic, The Red Barn. .The Red Barn is one of the Santa Ynez Valley's oldest restaurants, with a real...Continue Reading.
Properties for Sale in Today's Santa Ynez Valley Realtor's Caravan Its Tuesday, which means Santa Ynez Valley MLS Realtor Caravan Day. Oh boy. There were seven properties on our list. Of those, there were a three family compounds and four family homes. Here's the skinny: Three Santa Ynez Valley Family Compounds I define family compounds as properties with more than one residence and...Continue Reading.
The Alisal Ranch: One of the Most Beautiful Places to Live in the Santa Ynez Valley When I am asked to name some of the most beautiful spots in the Santa Ynez Valley, the Alisal Ranch is always on my list. This 10,000 acre property is all about nature with thick stands of ancient oaks, abundant wildlife and an upfront seat...Continue Reading.
Santa Ynez Valley New Listings and Sales Reflect Our Broad Market Overview: This past week we saw a whopping 9 properties go into escrow, half of which were distressed sales. Overall the properties were priced from $1,600,000 to $270,000. Seven of the nine new sales had been listed for about a week +/-at the time of sale. Five properties sold final, with an average...Continue Reading.
Five Homes Listed in the Santa Ynez Valley under $299,000 New twist in the Santa Ynez Valley real estate listings....homes under $299,000. There have been five over the past week and a half. WOW. Three properties of these properties, listed in Solvang and Buellton were snapped up. At least two of these saw multiple offers and will undoubtedly close over the...Continue Reading.
Today's Santa Ynez Valley Realtor's caravan included two properties....an in-town 1/2 acre on one hand, and a 250 acre, Santa Maria vineyard/ranch on the other. Both of these properties represented some interesting challenges by their approaches and both have the potential of making those challenges worthwhile. On The One Hand.....720 Elsinore.....$599,000 This is a very nicely finished, seemingly comfortable family home on...Continue Reading.