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Chronicle Recommends: No on Prop. 10

By suppressing the supply of homes through restrictive zoning and other means, local government officials have done more than most to plunge California into the current housing crisis. Proposition 10 would entrust another vast swath of housing policy to the very same officials — and probably yield similar results. California’s housing shortage is often said to show that the state is a “victim of its own success,” namely its booming economy and employment. This analysis requires ignoring the state’s distinct failure to produce housing for the people who live and work here, which has saddled it with the fewest homes per person on the United States mainland. That, in turn, has led to superlati

Prop 60 -- What You Need to Know

Prop 60 is (in most cases) a one-time only benefit that allows homeowners age 55+ to sell their principal residence, and transfer it's base year value to a property of equal or lesser value; thus saving potentially large amounts of tax expense. To qualify, a claim for base year value transfer must be filed with the Assessor's Office. The eligibility requirements of Section 69.5 in Santa Barbara County are: The original and replacement properties must both be in Santa Barbara county. (Some counties allow base year value transfers from other areas, but Santa Barbara is not currently one of them). You, or spouse residing with you, must have been at least 55 years of age when the original proper

The housing market is 'in an absolute perfect storm for demand,' real estate CEO says

Millennials seem to want homes just as much as older generations — and that spells a boon for housing demand, Century 21 CEO Nick Bailey says. Combine that desire with a strong economy, low unemployment and the sheer size of the millennial generation and what you get is extreme demand in household needs, he says. Millennials seem to want homes just as much as older generations — and that spells a boon for housing demand, Century 21 CEO and president Nick Bailey told CNBC on Tuesday. "We are seeing millennials now come to the market and have just as much interest in buying a home as generations before," Bailey said on CNBC's "Closing Bell." "We are sitting here in an absolute perfect storm fo

Major Renovation Underway for Santa Barbara Rescue Mission

The $10-million remodel is the first in the facility's history and will help expand capacity and upgrade the shelter building. The renovation project under construction at the Santa Barbara Rescue Mission will expand capacity so the shelter can serve more people starting next year. In the two-year project that started September 2017, the site is going through a 40,000-square-foot remodel including upgrading the kitchen and building new beds, and gender-specific bathroom and shower facilities for 125 guests a night. After the upgrades, the shelter will be able to accommodate 32 women, up from 18 currently. The facility is also getting seismic reinforcement and replacement work on the build

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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