Not too hot, not too cold!
The Santa Barbara market is starting to flatten out (link to charts below) but there is still plenty of legs left in this one. We are still logging price gains, but at a decreasing rate.
Low unemployment and rising wages have created a strong job market. Consumer confidence is high and interest rates are historically low. The economy combined with our low supply, high demand real estate market make Santa Barbara an excellent place to invest.
Please feel free to contact me directly at any time to discuss our local real estate market and specific opportunities.
DRE Lic#: 1997946