July is a sizzling hot month for real estate, buzzing with excitement and patriotic flair! With fireworks still sparkling in the sky from Independence Day celebrations, the property market is just as electrifying. Families are out in full force, eager to find their dream homes before the new school year, while sellers are sprucing up their listings to attract enthusiastic buyers. It's a time of open houses and neighborhood barbecues, where the American dream of homeownership feels more vibrant than ever.
Whether you're hunting for that perfect city loft or a cozy suburban nest, July offers a star-spangled mix of opportunities and fun in the real estate world.
Real Estate in the News
1/3 of Single-Family Homes For Sale are Newly Built. Here's what Buyers Need to Know:
“It doesn’t mean necessarily that new construction has ramped up,” said Robert Dietz, chief economist of the National Association of Home Builders. Homebuilders are still constructing about 1 million single-family homes a year, he said.
“What’s happened is that the level of resale inventory has shrunk,” Dietz said.
Local Happenings
JULY 4, 2024 - SANTA BARBARA FOURTH OF JULY CELEBRATION
If you’re looking for somewhere to celebrate this Independence Day, there’ll be no better place than Santa Barbara’s waterfront. A full slate of festive, fun, and family-friendly activities is planned throughout the day, including free live music and dance performances on the beach, hosted by the PARC Foundation!
Learn More @Santabarbara.gov
JULY 3 - 14, 2024 I SANTA BARBARA NATIONAL HORSE SHOW
The Santa Barbara National Horse Show is one of the city’s largest and most celebrated traditions. The event will be split into two main shows: Multi-Breed Show (July 3 – 7) and Hunters & Jumpers (July 10 – 14).These competitions feature more than 150 competitors collectively. Along with the shows, visitors can enjoy a wide variety of other activities, including the Picture Perfect Pony Photo Opps, guided tours throughout the facility, food vendors and more.
Learn More @earlwarren.com
Lifestyle Tips and Tricks
The Hottest Summer Ever Is Coming: What Extreme Heat Can Do to Your Home - And How to Prevent the Damage
The Realtor.com® 2024 climate risk study found that nearly a third of all homes in the U.S. are located in areas that are prone to extreme heat exposure.
Common Seller and Buyer Mistakes
Buying and selling real estate is littered with costly obstacles, but you can steer clear of many of them.
Houzz Emerging Summer Design Trends Reports Reveals What's Hot
Houzz has released its Emerging Summer Design Trends Report, which includes organic modern style, reading rooms, Japanese influence, and more!
