KEYT Web
What's Right with your Community
Click here to see gas prices in your area
Click here to watch C.J. Ward's KEY News Investigations
Click here to sign up for KEYT TextCaster Alerts
Link to Grey's Anatomy homepage
Link to Desperate Housewives official website
Link to Dancing With The Stars Homepage
Visit the official Lost page

Local

Santa Barbara County 2008 Real Estate Outlook

Santa Barbara County 2008 Real Estate Outlook

Video Video Low
Video Video High
The 2008 Real Estate and Economic Outlook report is out and locally, housing numbers continue their downward spiral, particularly in northern Santa Barbara County. And forecasters say they're now keeping a close eye on the South County.

But there is a silver lining: experts say the number of foreclosures peaked, and they're actually seeing small rebounds in estate and condo sales.

So far, Montecito and Hope Ranch are immune to the housing crisis. For those in other areas, analysts say home sales will look better by spring of 2010.

KEY News Reporter Beth Farnsworth has more.

Story Created: Sep 18, 2008 at 3:35 PM PST

Story Updated: Sep 22, 2008 at 10:49 AM PST

Tools

KEY Weather

7 Day Coastal Forecast
High: Leave blank
Low: Leave blank
Conditions Today
7 DAY COASTAL FORECAST   7 DAY INLAND FORECAST  CURRENT LOCAL TEMPS
SURF REPORT
MARINE FORECAST     LATEST DOPPLER RADAR
More Weather
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Primetime

11.00
key news
Ojai-Ventura International Film Festival
Red Cross Disaster Preparedness
E-Mail link to KEY Tipline
Link to My Network and RTV
Link to KEY Health Page
Link to Martha Stewart Website