The Homes Real-Estate Agents Buy for Themselves

When Michael Rankin went house-hunting in Washington’s Georgetown neighborhood, his 25-year career in the real-estate business gave him an edge. He bought a detached, 1903 home with off-street parking and a large backyard—all hard to find in that area—for $5 million. Another $2 million went toward renovating the 7,000-square-foot home, which went smoothly because he and his husband, Mark Green, had already restored and sold other historic homes and were versed in Georgetown’s preservation requirements. “We knew not to go in and ask for things that you couldn’t do in a historic neighborhood,” says Mr. Rankin, 52, principal and managing partner of TTR Sotheby’s International Realty. He estima

Santa Barbara City Council Extends Accelerated-Permit Program Another 6 Months

With Amazon and e-commerce still holding a firm grip on consumers shopping habits, the Santa Barbara City Council voted unanimously on Tuesday to extend its accelerated-permit program for businesses on downtown State Street. The council voted 6-0 to continue the program for another six months. Currently there are 27 vacant street-level storefronts — a vacancy rate of 9.1 percent. The city’s planning department would like to reduce the vacancy rate to at least 5 percent. The city last summer created an Accelerated Permit Pilot Program to help business owners obtain business permits speedier than in the past. The program includes a dedicated city phone line to answer questions about State Stre

The City of Goleta vs ADU's

The city of Goleta is trying to get a handle on how far it can go to regulate granny flats, or so-called accessory dwelling units. Like all California cities, Goleta is wrestling with a state mandate to allow accessory dwelling units to help ease California’s affordable-housing crisis. As population and housing demand grow, new supply has not kept pace, sending the cost of housing soaring. State lawmakers in 2017 approved the ADU mandate with the idea that it would be a quick way to create inexpensive affordable housing in neighborhoods. If the ADUs comply with state standards and the building code, approval must be ministerial. The city plans to create an application checklist to facilit

1436 State Street, Santa Barbara  CA 93101

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All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. This is not intended to solicit property already listed.​

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