Joanne Schoenfeld

 

 

We hear a lot about the gloom and doom in our economy and business lately. And yes, these are challenging times but I would like you to think in terms of opportunity.  Santa Barbara has always been more expensive than other communities (value received I might add) however, with the slow down in our economy we are experiencing a significant down turn in prices.  This ...

This is a challenging time in many areas of our economy and real estate has been hit especially hard.  It is our hope that the federal bailout will help ease the credit markets providing necessary liquidity to get things moving again.  I felt that the President of the California Association of Realtors provided a comprehensive overview of the bill.  Rather than paraphasing it for you, I am ...

The California Association of Realtors recently posted statewide sales for June.  As you can see in the accompanying articles sales are up and prices are down.  There are a significant number of distressed properties available and the bank owners need to get the off their books which they do by slashing the prices dramatically.  Unfortunately, this has a negative impact on neighboring ...

A group of four Northern California multiple listing services, which together represent 54,700 real estate professionals in 19 counties, have agreed to a data-sharing plan.

Under the new initiative, which is expected to be completed during the third quarter, brokers and agents in the areas served by the MLSs can receive local services from their local MLS or an MLS of their ...

Gov. Arnold Schwarzenegger and wife Maria Shriver have purchased a 25-acre tract in an exclusive coastal enclave in Santa Barbara County for $4.7 million.  It wasn't clear when, or if, the governor plans to build on the site, although it allows a home up to 8,500 square feet. Information from: Los Angeles Times, www.latimes.com