Macro Economic News
Macro Trends Affecting Santa Barbara Real Estate
Broad socioeconomic trends, national and global, are having, and will continue to have, significant impacts on U.S. real estate. These impacts are visible everywhere, including right here in Santa Barbara.
Santa Barbara Commercial Real Estate - Good Times….Bad Times
The U.S. economic news and commercial real estate news is, generally, rosy…even when the world political and economic news is not.
Low Cap Rates Driven By Macro Economics
As the year gets underway, the investment world is increasingly anxious about various global risks. The economies in the European Union remain challenged, and despite the European Central Bank’s commitment to quantitative easing, the fear is that stagnation is becoming ingrained throughout Europe and that Greece may leave the Union altogether.
Section 1031 Targeted For Modification or Elimination
Within the recently released President’s 2015 budget is a proposal to limit gain deferral for real estate to $1 million per taxpayer per year.
Are We In a Multi-Family Bubble Yet?
The question of whether we are in a multifamily bubble is one that has recently been on the minds of many real estate investors
Whitepaper on Effect of Tax Reform on Commercial RE
The Federation of Exchange Accommodators (“FEA”) is the industry association for professional exchange facilitators, also known as Qualified Intermediaries (“QI”).
Santa Barbara’s TOT Revenue Up 23% in January
The City of Santa Barbara received $991,834 in transient occupancy tax (TOT) for the month of January, which is a 23.8 percent growth over the previous January.
Multi-Family Statistics YTD 7-31-13
Total Active Inventory about the same as 2012
Days on Market of Active listings down dramatically from 132 to 69 days
Total Sold YTD up 32%
Median Price up 8.4%
Santa Barbara New Growth Management Program Adopted
On March 12, 2013, the City Council unanimously adopted the ordinance and resolution to implement the City’s Nonresidential Growth Management Program.
