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Kevin Schmidtchen - Santa Barbara CA Realtor

Its Official: $8,000 Home Buyer Tax Credit and New $6,500 Bonus Kicker Law to be Passed for 2010

The Senate this week passed an extension of the $8,000 Home Buyer Tax Credit for new home buyers and added on as a "kicker" to the plan a $6,500 bonus for those who are buying a new home and have lived in their old home for 5 of the 8 previous years. From everything that we are hearing and reading, The House of Representatives is expected to pass this new bill and the White House has also given every indication that they will sign it once they receive it.

So what does it mean to us here in the Santa Barbara area?

Here are the details...

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Further Reading:

  1. $729,750 Conforming Loan Limit Extended into 2010
  2. What do Buyers and Sellers Want Most from Their Santa Barbara Realtor?
  3. Is Zillow's Zestimate a Reliable Guide to your Santa Barbara Home's Value?
  4. Working with a Blogging Realtor - Advantages
  5. Are Trulia and Zillow the Best Place to Search for Santa Barbara Real Estate?
  6. Buyer's Resources for the Santa Barbara area
  7. Seller's Resources for the Santa Barbara area

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Real Estate

Search The Santa Barbara Area MLS


$729,750 Conforming Loan Limit for Santa Barbara CA. Extended Through 2010

As reported by the National Association of Realtors... Santa Barbara CA Conforming Loan Amounts

President Obama late last week signed a congressional resolution to extend through 2010 the current conforming loan limits of $417,000 for most areas in the U.S. and $729,750 for high-cost areas, including many in California such as we have here in the Santa Barbara area.

Both C.A.R. and N.A.R have long advocated in making these higher conforming loan limits a permanent reality. As a result of the efforts on behalf of both the C.A.R.’s and NAR’s, a provision of the Housing and Economic Recovery Act of 2008 included temporarily raising the conforming loan limits. Last week’s actions effectively extend the higher conforming loan limits for Fannie, Freddie, and FHA loans through 2010.

What does this technically all mean?

The conforming loan limit ...

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Further Reading:

  1. What do Buyers and Sellers Want Most from Their Santa Barbara Realtor?
  2. Is Zillow's Zestimate a Reliable Guide to your Santa Barbara Home's Value?
  3. Working with a Blogging Realtor - Advantages
  4. Are Trulia and Zillow the Best Place to Search for Santa Barbara Real Estate?
  5. Buyer's Resources for the Santa Barbara area
  6. Seller's Resources for the Santa Barbara area

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Real Estate

Search The Santa Barbara Area MLS

How to Find All the Goleta and Carpinteria CA. Foreclosures and Short Sales Statistics

Just read below...goleta and carpinteria ca foreclosures and short sales

Here are the latest statistics on short sales and foreclosures in both Goleta and Carpinteria CA.

Carpinteria Foreclosures - 2009 year to date

  • In Carpinteria CA., year to date there have been 28 bank owned / foreclosures that have come to market.
  • Roughly 10% of all listings in Carpinteria year to date have been foreclosures.
  • The lowest sale was a 2 beds 1 bath mobile home that sold for $60,000.
  • The highest sale was...

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Further Reading:

  1. The Secret of Santa Barbara Foreclosures
  2. Any Luxury Homes in Foreclosure in Montecito CA?
  3. Santa Barbara Area Photo Tour
  4. Any Great Deals on Homes in Foreclosure
  5. Potential Negatives to Buying Santa Barbara Homes in Foreclosure
  6. Are Short Sales a Good Path to Santa Barbara Real Estate Ownership?
  7. Any Great Short Sale Opportunities in Goleta and Santa Barbara CA.?
  8. Little Known Advantages of Blogging Realtor in Santa Barbara and Montecito CA.
  9. Looking for a Qualified and Ethical Real Estate Agent in Santa Barbara CA?

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Real Estate

Search The Santa Barbara Area MLS

Ty Warner's Major Renovation of Montecito Country Club - Jack Nicklaus Design

Ty Warner Montecito CA

For golf fans here in the Montecito and Santa Barbara CA. area, a treat is on the horizon. Local billionaire developer, Ty Warner is adding to his portfolio of revamping major luxury properties here in Santa Barbara and Montecito.

Having in the last few years already "done up" The San Ysidro Ranch, The Biltmore and The Coral Casino, Mr. Warner has now set his sites on golf in the form of Montecito Country Club. Mr Warner has already received approval of the project and to everyone's delight is working with Jack Nicklaus on the new course design.

Estimated dates of completion are still not known for sure, but I would not expect anything until late 2010 at least.

View: (provided by The Santa Barbara Independent) A more visual detailed look at what is in store

Further Reading:

  1. The Premier Gated Golfing Community of Birnam Wood, Montecito CA.
  2. Golf Courses in Montecito and Santa Barbara
  3. Lifestyle/Things to Do Articles in Santa Barbara, California
  4. Things to Do in Santa Barbara, California - The Downtown Area
  5. Things to Do in Santa Barbara - The Waterfront
  6. The Oceanfront Areas, Summer Arts, Festivals and Culture in Santa Barbara CA

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Real Estate

Search The Santa Barbara Area MLS

The Secret of Santa Barbara CA. Foreclosures - Update October 2009

Where is the real estate market today with regards to foreclosures here in Santa Barbara CA? Santa Barbara CA Foreclosure Information

The answer to this really depends on the specific areas of Santa Barbara you are talking about as well as specific price points. Santa Barbara is simply too unique of a town to pinpoint a "foreclosure label" at any level, on any certain part of our real estate market. You really have to look at the individual markets and areas within our community.

For example, ...

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Further Reading:

  1. Any Luxury Homes in Foreclosure in Montecito CA?
  2. How is the Hope Ranch Real Estate Market Holding Up with Short Sales and Foreclosures?
  3. How to Find All the Goleta and Carpinteria CA Short Sale and Foreclosure Statistics
  4. Any Great Short Sale Opportunites in Santa Barbara and Goleta CA
  5. Strategies to Buying a Home in Foreclosure Here in Santa Barbara CA
  6. Potential Negatives to Buying Santa Barbara Homes in Foreclosure
  7. Any Great Deals on Homes in Foreclosure in Santa Barbara
  8. Search the Santa Barbara MLS and More
  9. Santa Barbara Real Estate Voice...Your Online Real Estate Resource
  10. Little Known Advantages of Blogging Realtor in Santa Barbara and Montecito CA

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Area Properties

Search the Santa Barbara Area MLS