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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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