““There is no season when such pleasant and sunny spots may be lighted on, and produce so pleasant an effect on the feelings, as now in October.” — Nathaniel Hawthorne
”Read on for homeowner seasonal tips you should consider and discover lifestyle tips curated just for you!”
REAL ESTATE in the NEWS
Will The Housing Market Cool Off This Fall?
Today’s hot housing market is one of the peculiar outcrops of the pandemic. Housing supply was already low before Covid-19, but it was further hampered as lockdowns took place and people began looking for new homes, driven by a host of reasons—from the desire to leave populated cities to better home offices or just fear of missing out.
The Federal Reserve’s steps last year to keep the financial markets liquid and to ensure mortgage rates stayed low have continued. But the low mortgage rates pale in comparison to soaring housing prices in the past year.
LOCAL EVENTS
Montecito Motor Classic
When: October 10th, 9 AM to 4 PM
Where: Santa Barbara Polo & Racquet Club
"The Montecito Motor Classic features a diverse selection of rare and unique vehicles. The annual car show draws car enthusiasts and families for an opportunity to interact with the cars and their caretakers..." Learn more here.
Sipping on the Sea 2021
When: October 21st, 4:30-6:30 PM
Where: Santa Barbara Sailing Center
"Sip local beer from Captain Fatty's while enjoying a Santa Barbara Sunset aboard the Double Dolphin! A representative from the winery will be on board to pour the tastings and provide education on their selection." Read more here.
Lifestyle Tips & Tricks
U.S. Housing Market Dynamics Are Slowing and Shifting to Buyers’ Advantage
The U.S. housing market showed signs of normalizing in August, with more homes coming on the market and price growth slowing, according to a report Thursday from realtor.com.
New listings ticked up 4.3% year over year in August, although inventory was down 25.8% compared to the same time in 2020, the data showed. That’s an improvement compared to July, when inventory was down 33.5% annually.
Prep Your Home for the Season
As the season begins to change, it's time to prep your home for falling leaves, cooler weather, and, eventually, winter storms. Tackling a few fall home maintenance tasks now can help ward off issues later in the season, so you can enjoy everything you love about autumn worry-free.
Here's Why Fall Is the Perfect Time for Some Major Landscaping
We looked to landscape architect Margie Grace of Grace Design Associates and Joe Raboine, director of Belgard Residential Hardscapes, to share emerging landscaping trends and help us prepare our landscapes for a season of hosting, harvesting, and finding solace in the great outdoors.
Content + Images courtesy of Compass
