April 2, 2024
Last week's sales also include losses in Cielito and the Upper East; fixer/teardown on the back of Eucalyptus Hill; 1934 cottage on the Lower Riviera; and more.
October 7, 2023
Noteworthy new listings also include a slice of Padaro Lane beachfront; 1937 Colonial in the Lower Village; black spec reno in Mission Canyon; Lower Riviera townhome; family-friendly in Rincon Point; and more. 1
June 12, 2023
Last week's sales also include a Toro Canyon pocket listing for $8.95 million; the one with the wacky roofline; Alta Mesa renovation painted black; Cielito party pad for $1.35 million off the initial ask; and more.
April 30, 2022
Noteworthy new listings also include a 10,000-square-foot flip attempt that looks likely to succeed; a 1939 fixer in Romero Canyon; a Pepper Hill hot potato; party central in Cielito; and a townhome with a "very open living room."
July 5, 2020
The market is still moving: here are 11 closings from the past week, from under $2 million to over $7 million.
May 3, 2020
The week's other top price reductions: Serious price-chop for Las Alturas architectural exotica; three-story Mediterranean on the Lower Riviera; time capsule above San Roque; flat two-acre lot in Montecito.
January 29, 2020
Highlights of this weekend's open-house lineup: Widescreen ocean and mountain views in Alta Mesa; pricey but pretty on the Santa Barbara side of Eucalyptus Hill; and a top-notch alfresco entertaining situation in Cielito.
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The bigger factor is that if an owner accepted lower (aka "market") rent, it would reduce the overall value of the property on paper. Which,… — Sean
Rich - No. They get the depreciation regardless of whether it's leased or vacant. — Jefferson A.
Depreciation. — Rich
Apzer, can you please direct me to the IRS rule where i can deduct rental losses? i have never heard of such a thing, and… — Derek
The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones
Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.
I don't think they're all greedy but there's a financial benefit to claim a loss on a vacant property while holding out for someone to… — apzer
“More vibrant than ever”? We can debate the causes but it is a far cry from the most vibrant it’s ever been… — BW
“Editor's note: This story has been updated to clarify the action taken by the City Council and its next steps” The VC Star Article was… — Tristen
From the article, it seems like it's not a done deal, but yes, it would be a terrible loss for Ventura. A good reminder for… — Sean
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The bigger factor is that if an owner accepted lower (aka "market") rent, it would reduce the overall value of the property on paper. Which,… — Sean
Rich - No. They get the depreciation regardless of whether it's leased or vacant. — Jefferson A.
Depreciation. — Rich
Apzer, can you please direct me to the IRS rule where i can deduct rental losses? i have never heard of such a thing, and… — Derek
The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones
Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.
I don't think they're all greedy but there's a financial benefit to claim a loss on a vacant property while holding out for someone to… — apzer
“More vibrant than ever”? We can debate the causes but it is a far cry from the most vibrant it’s ever been… — BW
“Editor's note: This story has been updated to clarify the action taken by the City Council and its next steps” The VC Star Article was… — Tristen
From the article, it seems like it's not a done deal, but yes, it would be a terrible loss for Ventura. A good reminder for… — Sean