Monthly Statistics
Solarize Santa Barbara Has Launched & Homes' solar panels often boost values Fannie Mae Adopts New Energy Improvement Feature for Mortgage Loans
Sustainable Economies Law Center Events
Green Drinks tonight @ Carr Winery
Collaborative Consumption
SANTA BARBARA REAL ESTATE SNAPSHOT: April 18 - May 15 Price Improvements: 145 Pending: 121 breaks down to: Under $600k: 49 $600-800k: 21 $800k-1 million: 16 $1-2 million: 20 $2-4 million: 12 $4-8 million: 3 $8 million+: 0 Closed: 74 breaks down to: Under $600k: 24 $600-800k: 18 $800k-1 million: 3 $1-2 million: 16 $2-4 million: 7 $4-8 million: 3 $8 million+: 0 Off Market (expired, canceled, withdrawn): 93
This is a look at statistics provided through the Santa Barbara Multiple Listing Service over the past month. They include single family residences and condos, from Carpinteria to Goleta.
Solarize Santa Barbara has launched!
CEC’s Solarize Santa Barbara is a new group-purchasing discount program for homeowners who want to go solar – kind of like a “Groupon” for solar panels. CEC does all the up-front work and makes it easy for you to go solar. When you participate in Solarize Santa Barbara, CEC will connect you with a pre-approved solar contractor who will give you a great value for a great solar power system. www.cecsb.org/solarize-santa-barbara Homes' solar panels often boost valuesShell out the money to install solar panels on your home, and you'll probably recoup that investment when it comes time to sell the house. You may even make a little profit. A study to be released on April 21, 2011 by Lawrence Berkeley National Laboratory found that solar boosts the resale value of homes, both new and old. Fannie Mae Adopts New Energy Improvement Feature for Mortgage Loans Fannie Mae had previously dropped its Energy Efficient Mortgage feature. It has replaced the feature with a new Energy Improvement Feature. The new feature only applies to the upgrading of an existing home through a purchase or re-finance mortgage. The features of the new Fannie Mae product are: - The financing of energy improvements found by a RESNET Home Energy Rating to be cost-effective of up to 10% of the as-completed appraisal. This amount is subject to standard Fannie Mae LTV, CLV and HCLTV ratios.
- The cost of the home energy rating can be included as the cost of the energy improvements.
- Appraisers will be responsible to determine the as-completed value of the home based upon the energy improvements that were made.
- Appraisers will also be responsible for verification that the energy improvements being financed were completed.
- Only single family homes qualify.
The rating software programs will remove the old Fannie Mae reports and replace them with the new report developed by Fannie Mae. Sustainable Economies Law Center Events
There is finally a non-profit law firm, the Sustainable Economies Law Center (SELC), that is addressing the changes needed to move society beyond the ongoing legal/illegal dance of Sustainability, and the challenges of emerging local economies.
Please join us for a stimulating and fun discussion of sharing economies, collaborative consumption, social enterprise, and other intriguing and promising trends affecting our local economies and livelihoods! Urban agriculture, community-owned enterprises, local currencies, barter economies, worker-owned cooperatives, intentional communities, car sharing.these are many of the key ingredients in the transition to more sustainable local economies. What are the possibilities, the challenges, and the practical and legal barriers? How might these trends transform our communities and what steps can we all take to catalyze change?
Fri, June 3, 7pm, "The Legal Landscape of Social Enterprise and the Sharing Economy", Santa Barbara Central Library, Faulkner Gallery
Sat, June 4, 9 am-Noon "Legal Strategies for Social Enterprise and Sustainable Economies". Carrillo Recreation Center, 100 East Carrillo Street, Santa Barbara, CA
Always takes place on the third Tuesday of each month...tonight! CARR Winery CycleMAYnia Tuesday, May 17th 6pm 414 N Salispuedes Street $5 glasses of house wine offered by our friends Carr Winery in honor of our eco posse. Also, we are taking over 3 parking spaces and replacing them with bike racks...yup, that's how we roll.
Collaborative Consumption From the Wikipedia: "The term collaborative consumption is used to describe the cultural and economic force away from 'hyper-consumption' to re-invented economic models of sharing, swapping, bartering, trading or renting that have been enabled by advances in social media and peer-to-peer online platforms." |  |  JUST LISTED: 1419 Wyant Road Montecito, CA 93108 Listed at $5,500,000 Ideally situated on a private knoll between the upper and lower villages of Montecito, this unique, warm and inviting gated estate boasts 1.3 acres and offers sweeping mountain views. Completed in 2004, with incredible attention to detail and craftsmanship, this property features an exceptionally functional indoor / outdoor floor plan with contemporary styling throughout all of the living spaces, including the four spacious bedrooms all complete with custom closet systems, a home office and a state of the art media room. Green Features • Strawbales with earthen plaster scratch coats inside and out and finished of lime (interior) and gypsum (interior).
• All Non-toxic products.
• Blue jean insulation in ceilings and between all rooms.
• Solar PV panels
• Solar hot water system for domestic and radiant floor heating uses.
• Required every sub-contractor to provide the Materials Safety Data Sheet (MSDS), for any proposed material in the house.
• Radiant Floor Heating throughout the entire house. Concrete floors level 1 and repurposed wood on level 2.
• Rain water catchment system that flows into three 1,700 gallon tanks underground, for landscape use.
• Gray water system not in use but installed. Able to bypass.
• Low Voltage lighting throughout.
• Full home automation system to reduce energy usage.
• All wiring run to avoid exposure to EMFs.
• High content flyash concrete floors
• Repurposed Jarrah wood used for floors, windows and doors.
• Repurposed antiques for all bath vanities.
• Feng Shui design
• Edible and native landscaping Please contact Elizabeth or DeAnn for more information and to schedule a showing.
FOR SALE: 10 San Marcos Trout Club Santa Barbara, CA 93117 Listed at $895,000 Relax and enjoy the views in the San Marcos Trout Club. This 2/2.5ba 2 story cedar log home was built in 1992. This property boasts high ceilings, lots of wood, granite countertops, a masonry fireplace and custom cabinets. The decks and Jacuzzi have sweeping ocean and city views. The Trout Club offers acres of community space and access to a creek that flows year round. All of this and only 10 minutes from downtown Santa Barbara.
FOR SALE:
1521 Olive Street Santa Barbara, CA 93103
Reduced to Sell: $1,449,000 Beautiful downtown townhouse. Low energy use home includes radiant floor heating, dual paned windows & quality insulation. Watch the fireworks from the oceanview deck. Ideal upper East location. This spacious home is newly built in 2003, quality throughout, 3br/3ba, gourmet kitchen, 2 car gar + guest spot.
Contact DeAnn for an appointment.
IN ESCROW:
Laurel Springs Ranch
2720 Painted Cave Road Santa Barbara, CA 93117 Listed at $9,500,000
160 acre, 5 parcels Turn key property, panoramic views lodge that sleeps 30, yoga studio, main house, multiple guest houses, spa, solar heated pool, barn, riding arena, pond, hiking trails, plentiful water, organic garden & more.
SOLD: 748 Dos Hermanos Santa Barbara, CA 93117
Sold with multiple offers and a back up offer over list price! Spacious detached home in Villa San Marcos. This 3br 2.5 ba cul de sac home boasts a outdoor patio area, vaulted ceilings, fireplace, french doors off dining area and attached two car garage. affordable HOA dues.
2620 Dorking Place Santa Barbara, CA 93105 Listed for $749,000 Pacific Ocean, Channel Island and Seminary Views from this tranquil Mission Canyon view home. Located on a quiet horse shoe street in the Roosevelt Elementary School area. This 4 or 5 bedroom, 3 bathroom home with harwdood floors, and a Swedish free standing wood buring stove in the living room is an amazing find! Open beam ceilings upstairs in the master suite with its own entrance and a large view deck above the lawn and garden area. Separate studio and spacious garage are just the start of the amenities that this incredible property has to offer.
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