Category Archives: News

Kenny Slaught Notes Construction Delays Forcing Homeowners To Stay Put

Other elements influencing the current situation that are particularly Californian in nature are the result of a general scarcity of land in desirable locations. Undeveloped land prices are prohibitively high, especially around the Los Angeles and San Francisco metro areas. Kenny Slaught points to regular construction delays on new projects, which cause many owners to stay put and renovate instead of relocating. Proposition 13, the 1978 amendment to the state’s constitution, makes relocating a daunting choice as it is. Though the law states that future property tax increases max out at 2% based on 1975 assessments, the exorbitant exception happens when a sale is executed, and the property is reassessed based on current value. Ultimately, yearly totals are the result of purchase figures that vary monthly, as demand in California shifts seasonally (with the highest number of homes moved in June and a small bump at year’s end). Also affecting yearly totals are asking prices, consumer confidence, negative equity status, quantity and quality of homebuyer jobs, disposable income, saving rates, and elements like major foreign investments and interest rates.

Read more: http://investor.wallstreetselect.com/wss/news/read/33073429

Real Estate Professional Kenny Slaught – Discusses How the Architecture Was Inspired in Santa Barbara

Kenny Slaught reflects on the keen eye and overall artistic excellence George Washington Smith brought to Santa Barbara. It has been almost 100 years since the famous architect inspired the California movement called the Spanish Colonial revival. He actually dropped out of Harvard to work as a bond trader. Once he became a successful businessman,… Continue Reading

Kenny Slaught Aims To Help Santa Barbara Bowl Foundation Be Successful

The Santa Barbara Bowl, a large-scale outdoor music venue, aims to make the arts accessible to the larger community through a number of educational outreach initiatives. Annually, the foundation funds programs that reach nearly 20,000 students through non-profit arts programs, regional artists, and area schools. Long-time advocate of regional philanthropy, Santa Barbara-based real estate developer… Continue Reading

Kenny Slaught Supports HSB’s Mentorship For Grieving Youth

When a child experiences the loss of a parent, they often feel that life will never again be the same. They will feel lost and heartbroken. As discussed by Kenny Slaught, “The I Have a Friend mentor program allows these young people to share their feelings with someone who has experienced something very similar.” Each… Continue Reading

Investec President and Founder, Kenny Slaught, Highlights Features of Santa Barbara’s Spanish Colonial Architecture

Investec Real Estate Companies Founder and President, Kenny Slaught, discusses the noticeable features of the Spanish Colonial architecture found throughout Santa Barbara. He highlights the intricately adorned archways and brightly colored tiles and suggests places where these characteristics can be found, such as the County Courthouse and historic downtown areas. Read More: http://finance.yahoo.com/news/kenny-slaught-discusses-history-architecture-061351293.html Continue Reading

Kenny Slaught Low To Engineer Selective Phage

David Low, a professor in UCSB’s Department of Molecular, Cellular, and Developmental Biology, will immerse himself in an innovative global health and development research project titled “Strategy for development of enteric pathogen-specific phage”. His research will directly focus on a new way to deal with serious bacterial pathogens as they become resistant to many once-powerful… Continue Reading

Kenny Slaught On Low Rates Inside California’s Hot Market

Because of a white-hot housing market, today’s West Coast buyers learn that they must pay excessively high prices for older, less luxurious homes. Kenny Slaught notes that home values have been steadily rising since 2008, and the Standard & Poor’s Case-Shiller home price index reveals that Los Angeles home prices reached their highest point during… Continue Reading