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$4.4 Million Homes in California

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A Queen Anne Revival house in Santa Barbara, a two-bedroom condominium in Los Angeles and a five-bedroom compound in Rancho Mirage.

  1. Rafael Bautista

  2. Rafael Bautista

  3. Rafael Bautista

  4. Rafael Bautista

  5. Rafael Bautista

  6. Rafael Bautista

  7. Rafael Bautista

  8. Rafael Bautista

  9. Rafael Bautista

  10. Rafael Bautista

  11. Rafael Bautista

  12. Rafael Bautista

  13. Rafael Bautista

This house, designated a “structure of merit” by the Santa Barbara Historic Landmarks Commission, was in disrepair when the owners bought it. They worked to restore its original charm while updating major systems: The foundation, the roof, the electrical system and the plumbing are all new.

The property is a few blocks from restaurants, shops and a specialty grocery store, and half a mile from a playground and a botanical garden at Alameda Park. It is a 10-minute drive from several city beaches and the campus of the University of California, Santa Barbara. Ojai and Solvang, popular day-trip destinations, are 40 minutes away.

Size: 4,393 square feet

Price per square foot: $996

Indoors: The house is set back from the street, behind tall hedges that give the front yard a sense of privacy, and the entrance is set in a wide, covered porch.

The front door opens into a foyer with high ceilings, a staircase to the second level and access to a powder room. To the left of the foyer is a living room with a fireplace and a picture window overlooking the yard.

The kitchen beyond has a built-in window seat, custom-made cabinets imported from the United Kingdom and stainless steel appliances. The kitchen has access to a family room with built-in storage that can also be reached from the foyer.

The primary suite, at the back of this level, has doors that open to the rear deck, a soaking tub in the bedroom and an en suite bathroom with a walk-in shower.

The other four bedrooms are upstairs, off a central hallway. The largest, which has its own fireplace and faces the street, is currently used as a den; it shares a bathroom with another guest room. The two bedrooms across the hall have access to another full bathroom.

The guest units, which have been used as income-producing rental property, have entrances at the side of the house. Each one has a living room, a kitchen, a bedroom and a full bathroom.

Outdoor space: In addition to the front yard, the property has a patio at the side of the house, shaded by mature trees. The detached garage holds two cars.

Taxes: $54,684 (estimated, but the home is eligible for reduced property taxes under the Mills Act)

Contact: Michael Calcagno, Calcagno & Hamilton Real Estate Group, Berkshire Hathaway HomeServices California Properties, 805-565-4000; homesinsantabarbara.com


  1. Don Lewis

  2. Don Lewis

  3. Don Lewis

  4. Don Lewis

  5. Don Lewis

  6. Don Lewis

  7. Don Lewis

  8. Don Lewis

  9. Don Lewis

  10. Don Lewis

  11. Don Lewis

This apartment is in Four Seasons Private Residences, a condominium adjacent to the Four Seasons Hotel Los Angeles at Beverly Hills, and it has access to many of the hotel’s amenities, including the concierge and in-room dining services. It is close to Robertson Boulevard, a bustling commercial strip with boutiques and design shops. Cedars-Sinai Medical Center is also nearby. The Los Angeles Country Club, which will host this year’s U.S. Open Golf Championship, is two miles away.

Driving to Century City or the office towers on the Miracle Mile takes less than 20 minutes. Los Angeles International Airport and downtown Los Angeles are about half an hour away.

Size: 2,360 square feet

Price per square foot: $1,856

Indoors: A building elevator stops directly at this apartment’s foyer, and a set of doors opens to an entrance hallway with wide-plank floors and a closet that contains a washer and dryer.

The wood floors continue into a large living-and-dining area with walls of glass that offer views of the city and the Hollywood Hills in the distance. Glass doors near the dining area fold open to a terrace, for an indoor-outdoor effect.

The adjacent kitchen has glossy white-lacquer cabinets, a center island with space for three stools, globe-style pendant lights and Gaggenau appliances, including a separate cooktop and oven.

The primary suite is at the end of a short corridor off the living room. The bedroom is spacious, with a separate office area and more floor-to-ceiling glass; the bathroom has a sleek soaking tub, a glass-walled shower and walls lined in marble tile.

The guest suite, off the foyer, has a bathroom with marble floors.

Outdoor space: Building residents have access to a saltwater swimming pool surrounded by private cabanas; a gym; a 19-seat IMAX movie theater; and a lounge with a bar, games and an indoor fire table. This unit comes with two parking spots in a secure underground garage with valet service.

Taxes: $54,756 (estimated) and a $6,319 monthly homeowner association fee

Contact: Billy Rose and Josh Myler, The Agency, 424-230-3702 or 323-333-0301; theagencyre.com


  1. Lauren Engel

  2. Lauren Engel

  3. Lauren Engel

  4. Lauren Engel

  5. Lauren Engel

  6. Lauren Engel

  7. Lauren Engel

  8. Lauren Engel

  9. Lauren Engel

  10. Lauren Engel

  11. Lauren Engel

  12. Lauren Engel

  13. Lauren Engel

  14. Lauren Engel

  15. Lauren Engel

About half an hour from downtown Palm Springs, Rancho Mirage has been a popular vacation and second-home destination since the mid-20th century, and a number of resorts and golf courses are within a five-minute drive of this house. The property, which was originally an equestrian ranch, still includes some stable buildings, while others have been converted into guest quarters and a home gym.

The house is about 20 minutes from Indio, home to the annual Coachella Valley Music and Arts Festival, and 45 minutes from Joshua Tree National Park. Driving to Los Angeles or San Diego takes about two and a half hours, depending on traffic.

Size: 5,106 square feet

Price per square foot: $858

Indoors: A gate at the end of a long driveway opens to the property, with the three-car garage to the right and the main house to the left. All of the buildings are linked by a network of stone paths.

The doors to the main house open to a sunny living room with flagstone floors and a fireplace with a simple stucco-and-brick surround. To the left is a family room with large windows and glass doors that open to the pool area. To the right is an open kitchen and dining area.

The kitchen has light wood cabinetry, stainless steel appliances, tile counters and a pantry with additional storage space. A powder room is on the other side of the pantry.

A short hallway off the living room leads to the primary bedroom, which has a kiva fireplace with a long hearth that doubles as a built-in bench; the en suite bathroom has a glass-walled shower, a separate soaking tub and access to a private patio landscaped with gravel and cactuses.

A guest room with enough space for a king-size bed is also off the living room; the en suite bathroom has a walk-in shower finished in blue tile.

Two more bedrooms and a full bathroom are in a guesthouse across a patio from the main house. Another bedroom and full bathroom are in a second guesthouse, which also includes a living room and a kitchenette.

Outdoor space: An 80-foot swimming pool surrounded by ample space for sunbathing is a short walk from all of the buildings. The property also includes a full-size tennis court, a bocce court, a patio with a fire pit and an orchard with guava, pear and avocado trees.

Taxes: $54,756 (estimated)

Contact: Jennifer Parker-Stanton and Jake Lazere, DPP Real Estate, 323-351-3278 or 949-370-4324; dppre.com

 

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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.

The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.

“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”

The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.

New listings last month totalled 15,328, up 4.3 per cent from a year earlier.

In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.

The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.

“I thought they’d be up for sure, but not necessarily that much,” said Forbes.

“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”

He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.

“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.

“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”

All property types saw more sales in October compared with a year ago throughout the GTA.

Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.

“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.

“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

The Canadian Press. All rights reserved.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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