March 29, 2022
Last week's sales also include a remarkable price in the Golden Quadrangle; a Coast Village fixer that went for $1.125 million over ask; widescreen views at an Alameda Padre Serra midcentury; and many more.
February 27, 2021
The local real estate market is even hotter than it was six months ago: everything is selling, often going into escrow before officially being listed and selling above ask with a quick close. So if you think you might want to sell—and you have somewhere else to live—now is the time.
September 12, 2020
Another week, another dozen sales—including a stately Upper East house, a traditional spec renovation in the Golden Quadrangle, and a campy Hope Ranch villa.
May 15, 2020
And one just got price-chopped by $4.25 million. The week's other top reductions: Spec renovation approaches the sweet spot; 1900 George Washington Smith Tudor; family-friendly redo with a nice backyard; Sea Cliff house inches toward reality.
May 10, 2020
The streets northwest of Montecito's Upper Village are home to impressive estates, storybook cottages, a Richard Neutra house, and an indignant French bulldog.
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It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.
Recent Comments
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.