MortgagesUndressed

Exposing Mortgage Facts And Providing A Directory of Real Estate Agent Referred Loan Officers

This is enough to make one gag. Prices in Santa Barbara

Except, not the loan officer doing all the financing. He is overjoyed.
For the Santa Barbara Real Estate areas of Carpinteria Real Estate/Summerland Real Estate for Single Family Homes there were 7 that closed escrow in the last 30 days with a Median Sales Price of $919,000 and an Average Sales Price of $1,073,071.

This gives me an opportunity to get on my soap box. I attended a city task force meeting last week. It covered every aspect of our cities problems one could imagine. It is taking 240 plus initiatives to the city council as proposed actions.

When the public meeting to review the final draft proposal was opened for questions. I asked about two of the items I sensed there was little in the draft in the way of solutions.

One of the topics, traffic. The other I see as a problem most cities face. Housing that is affordable to those that work in our city. Our average income is over $150,000 per household. We have shopping, hotels, and terrific restraunts. Our merchants have a problem; it is difficult to find people to work here. Two of the people I interviewed last week drive over an hour to work for $14.00 per hour. They can’t afford to live here. I don’t know how they can afford to drive here.Home Depot told my wife they hire every one that applies, they are still short handed.

What are the solutions? Our task force seemed short of answers, as am I. Any ideas? Larry Cragun

2 Comments so far

  1. Derek Howell November 2nd, 2006 9:28 am

    Where I grew up and when I grew up, the High School kids manned the hardware stores, the pizza joints, and the retail establishments. Anecdotally speaking, it seems that there are fewer available youth either because families are smaller, or because parents provide no incentive for their teens to work, or a combination of both. As for a solution, as a nation we’ve tried to resolve this problem by shifting the burden from our own shoulders to those “huddled masses yearning to breathe free” and incidentally lacking green cards.

  2. Larry Cragun November 3rd, 2006 12:44 pm

    That is a problem I wished I knew the solution to. I have great empathy for the many illegal resident friends I have. There are so many here, I dont know the solution. Lar

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