New Developments: 1725 Washington Street

New Developments: 1725 Washington Street

14 of the 16 brand new condominiums at 1725 Washington Street hit the market this week with an open house this Sunday (2/5) from 1-4 PM. We can’t make this one, but would love for some kind soul to take a camera (we need a better picture), grab a... Read More »

For Sale By Owner Listed!

For Sale By Owner Listed!

The three units at 1551 Filbert that had been advertised on Craigslist as FSBO the past couple weeks are now listed with Sotheby’s. The Craigslist posts (and now the MLS listings) tout, “These units are truly special & will not last!” Well, perhaps just a little longer… ∙ FSBO:... Read More »

The Dust Starts To Settle

After months of asking our readers to “Please Pardon Our Dust While We Renovate”, we’ve made a couple of changes to our three archive areas (examples: categories, entries, and monthly). The two changes that most readers might actually notice: 1. We’ve reformatted the monthly archives to make them consistent... Read More »

Our Readers Know Better.  Right?

Our Readers Know Better. Right?

Please don’t join the ranks of those who are in over their heads when it comes to servicing their debts (mortgage payments?), and are banking on double-digit home appreciation to make everything okay. Regardless, and as we previously posted, “My house is worth a Million” really isn’t a retirement... Read More »

Third Time (And 50% Off) Is Definitely A Charm

Third Time (And 50% Off) Is Definitely A Charm

A reader’s tip (thank you!) led us to dispatch a team to 2257 Green Street for this morning’s broker’s tour. We’re not sure if it was the free catered brunch, the property itself (gorgeous views and a fantastic remodeling), or the fact that the listing price has just been... Read More »

Single Price Reductions Are Just So Early January

Single Price Reductions Are Just So Early January

Guessed wrong Overly optimistic about the value of your listing? You’re not alone. Looks like “Second Price Reductions” might be a growing trend as you can add 897 Hayes Street (reduced $200K and advertising: “Second Price Reduction – – Bring all offers”) to the list. ∙ Listing: 897 Hayes... Read More »

Update: 2918-2924 Pine Street Price Reduction

The information continues to flow with regard to the recent price reduction of 2918-2924 Pine Street. Apparently it was Hill & Co. that lost the listing, and this is actually the second time the price has been reduced (from an original $1.6m). Despite what the listing advertises, it’s now... Read More »

As The Tide Turns Down South

After years of pointing to skyrocketing sales and price data to hype the market, the Santa Barbara Association of Realtors is now taking the fifth as the market has turned less favorable for the group. From the Santa Barbara News-Press: “Over the past several years, the News-Press has obtained... Read More »

Another Broker Kicked To The Curb

2918-2924 Pine is back on the market with a new broker, and a new price to match. The property is now listed at $1.3M, a $250K (16%) drop from the original asking price of $1.55M. And insiders tell us that the owners walked away from a below asking offer... Read More »

FSBO: 1551 Filbert

FSBO: 1551 Filbert

A beautiful renovation, great use of space, and fantastic location…but asking ~$750/sqft is definitely pushing the envelope for TIC units (yes, even with the pre-installed plasmas). Maybe if they had one of those fancy websites… Be sure to report back if you stop by the open house this weekend... Read More »