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Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends


The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Fidelity National Title Santa Barbara, one of Fidelity National Financial’s most dynamic title brands and real estate teams. Fidelity National Title Santa Barbara serves the residential real estate industry in California. Our offices are strategically located throughout Santa Barbara County, and includes teams that live and work in 2 offices located in: Santa Barbara and Montecito. Our California-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.



The Latest Articles From the FNF Newsdesk:

This Costly Dividend Mistake Can Delay Your Retirement By Years
am EDT|New! Click on the conversation bubble to join the conversation Got it! American novelist William Faulkner once said, “In writing, you must kill your darlings”. It was a warning to other...

Mortgage rate deals for week ending Aug. 13, 2022: Top offers from lenders
The average rate for mortgage offers clicked on by Bankrate readers Friday was 4.23 percent, down 4 basis points from the previous week. Mortgage rates are higher than they were a year ago, so it...

Best homeowners insurance in Florida 2022
Florida homeowners pay an average of $1,648 per year for a policy with $250,000 in dwelling coverage, compared to the national average of $1,383 per year. However, with a predicted worse-than-average...

Housing market is tilting in favor of buyers, Redfin says
The current housing market appears to be tilting slightly more in the favor of buyers, marking a reversal of last year's trends, the latest research from Redfin shows. The online brokerage reported...

What are empty nesters?
Empty nesters refers to a couple residing alone in a home. Their children have grown up and moved out, either to college or to establish their own homes — thus, emptying the familial housing nest. As...

Housing Affordability Conditions Fade as Mortgage Rates Push Monthly Payments Higher in June 2022
At the national level, housing affordability weakened in June compared to the previous month, according to NAR's Housing Affordability Index. The monthly mortgage payment increased by 5.3% compared...

Single-Family Home Prices Display Double-Digit Increase in 80% of 185 Metro Areas in 2022 Q2
The National Association of REALTORS® reported that home price growth remained strong for the second quarter of 2022. Prices continued to rise, with 80% of the markets showing double-digit home price...

Home Buyer Competition Falls To Lowest Level Since Early Stages Of The Pandemic
pm EDT|New! Click on the conversation bubble to join the conversation Got it! While home sellers might enjoy seeing potential buyers fight over their homes, the housing market is seeing a decline...

Peloton Reportedly Lays Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow
pm EDT| Topline Peloton Interactive laid off 800 employees Friday — the at-home stationary bike company’s second round of job cuts — making it the latest major U.S. company to undergo massive...

National Multifamily Report – July 2022
The U.S. multifamily market posted the lowest increase in rents since January, but growth remains significant by historical standards, according to Yardi Matrix’s latest survey of 140 markets. The...