The Fed Raises its Rate, Santa Barbara Real Estate Remains Strong

As most of you heard last month, The Federal Reserve raised it rate for the first time in nine years. How does this affect our local Santa Barbara real estate?  This action from the Fed reflects its belief that the  U.S. economy has finally regained enough strength 6 1/2 years after the Great Recession to endure higher borrowing rates. For more info on Santa Barbara real estate check out our tables below:

Real estate in Santa Barbara has continued to be very strong based upon the statistics from the Santa Barbara Multiple Listing Service:

Year # of Homes & PUDs Median Sales Price Avg Sales Price (incl. Montecito & Hope Ranch)
2015 1,138 $1,100,000 $1,771,445
2014 1,056 $1,120,500 $1,701409
2013 1,270 $ 945,000
2012 1,284 $ 795,000
Year # Of Condos Median Sales Price Average Sales Price (without Montecito)
2015 554 $597,500 $676,913
2014 435 $560,000 $654,664
2013 442 $507,500
2012 516 $399,945

2016 is also expected to be a good year for real estate, even though the Federal Reserve raised its rate in December for the first time since 2006. The hike was small, .25 of a percentage point, but more significantly, it was a signal to homeowners and consumers alike that the economy is growing and the era of super low mortgage rates is about to change. The Federal Reserve is expected to raise rates gradually throughout 2016 and 2017. However, the large demand for housing will remained strong as the inventory is low. The quality of life is second to none in Santa Barbara, a place of beauty and a magnificent climate.

We wish you the best in the upcoming year and want to remind you that if you are thinking of buying or selling, or know someone who is, please think of us, Randy and Kellie. Stay tuned for more blog articles on real estate news, market updates and more. You can check out our current listings and contact us today!

Thank You,

Randy & Kellie

The Santa Barbara Lifestyle Launches New Website

Happy New Year to our valued clients, business partners and community! It is with great excitement that we unveil our new website! Our website, The Santa Barbara Lifestyle, has a new and improved look, but also features easy to navigate elements so our clients and community can learn more about us, our real estate services, our current listings, and search what is on the market. It also has some other amazing new features:

  • Highly useful and fun “SB AREAS” neighborhood pages with school district informationScreen Shot 2016-01-05 at 10.51.45 AM
  • Beautiful, responsive property landing pages to showcase what each property has to offer and all the info you need as a potential buyer or seller
  • Customizable property searches and property maps
  • Our new and improved The Santa Barbara Lifestyle Blog, where you can find out the latest in real estate trends, market updates, and lots of exciting news about local Santa Barbara happenings.

Wishing you all the best in the new year and if you haven’t already, check out our new website, follow us on social media and contact us today for any of your real estate needs!

Thank You,

Kellie & Randy




Drone images and video have without a doubt changed the game in showcasing luxury real estate. It has become the modern way of capturing luxury real estate in today’s market and has the ability to get aerial images and video like never before. It truly tells the story of the property in a way that a static image just can’t. Professional “drone cinematographers” are in high demand, capturing high end real estate property in high end locations.

We were so excited a few months ago when our video for our listing at 4847 Rim Road here in Santa Barbara, CA won an award on’s list of the top 10 Most Stunning Real Estate Listing Videos of 2015. The same video is now generating even more buzz for San Francisco-based drone cinematographer Douglas Thron, who was just featured in Digital Journal’s article, “Drone photography is upping the real estate game dramatically.”

Thron tells Digital Journal, “My videos are like mini- movies…I start with an intro that showcases the entire area so that potential buyers can get a complete idea of the community and natural surroundings before zooming into the home and detailing the interior.”

Screen Shot 2016-01-04 at 1.39.15 PM

Having an interested buyer be able to see every inch of a property is very appealing, and having an agent who knows the value of drone video is becoming even more sought after. Please contact us today and check out our current listings and our other drone property videos!


Kellie & Randy

Happy to announce that our video for 4847 Rim Road being included in the Placester 10 Stunning Real Estate Listing Videos from 2015

What an honor! We are so happy we got to showcase how truly stunning this property is through this video. The home is for sale, contact us to check it out and read an excerpt from Placester below:



Each year, agents and brokers nationwide continue to raise the bar for the quality of real estate videos. Properties are showcased in ever more unique fashions. Homes for sale are better staged and styled to help buyers envision themselves living there. All in all, more effort is put into making these videos visual masterpieces — ones that compel agents’ audiences, earn them new leads, and nurture existing ones. In 2015, this real estate video trend continued, as countless great listing videos were created by industry pros across the country — including the 10 featured below.
Check out each of these stunning real estate listing videos from 2015 and discover what makes them great … and how to emulate them with your own real estate video marketing strategy. -Matthew Bushery