Posted on Friday, November 20, 2009
There is a brand new trend in buying Santa Barbara real estate . Young singles, especially women, account for the majority of new homeowners. Actually, between 2001 and 2005 there was a 6 percent rise in female homeowners.

Most young singles are looking for a safe neighborhood, close proximity to entertainment, and affordability. Even more of the buying market is made up of recent immigrants and minorities. Some are purchasing condos to build equity so that they can purchase a bigger home down the line. Finally, retirees and empty-nesters are downsizing and moving to active adult communities. They are done with big houses and would rather live in smaller homes, near friends and entertainment.
November 2009
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Blue Star Real Estate
Lenny Gerthoffer: Broker/Owner
(805) 884-0040
1029 State Street
Santa Barbara, CA 93101


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