"How is the Real Estate Market", is one of the most frequently asked questions at the moment. Unfortunately there is no simple answer, as it depends on what perspective you are looking from, whether you are selling, buying or investing in real estate?
Are you a seller, depending on when you purchased your home in Santa Barbara, times may not be ideal. However, if you are selling your piece of real estate only to purchase another, what you loose on the sale you might gain on your purchase along with the benefit of lower property taxes.
As a buyer or investor times haven't been more affordable in the past 40 years, considering the buying power. Interest rates remain low and we are seeing multiple offers on the well priced homes.
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