Posted on Sunday, March 28, 2010
Based on data from the United States Commerce Department, there was an increase in new home sales this past May. For Santa Barbara real estate , this is fantastic news. New, single family home sales jumped by 4.6 percent, said real estate analysts.

This growth amazed economists who were predicting the market would slow, because of inflating mortgage rates. These mortgage rates are expected to continue to rise over the following months, however only a slight slowdown is expected. There has never been a better time to buy a great Santa Barbara home .
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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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