Category Archives: News

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 April of this year, since October of 2007. Moving well beyond mere recession recovery, Southern California’s bigger metropolitan areas are closing in on their previous peaks. Slaught points the turnaround to a number of factors, including interest rates, job growth and supply and demand. Interest rates for 30-year, fixed-rate mortgages are hovering around 3.5% or less, and these enticing numbers (the record low hit 3.31 percent in November 2012) are encouraging many to buy. Historically low rates are coupled with strong employment numbers, such as a 2.4% gain in Los Angeles County and a 3.5% rise in Orange County, and it is clear just why values are appreciating in an extraordinarily fast-paced manner. While home prices vary considerably throughout the state, the inflated asking price of high-end homes is outpacing all other states with the exception of Hawaii. The feverish demands on the  market cannot currently be met by the slim supply available, therefore many first-timers are forced to consider condominium-style units: obtainable and much more affordable.

Read more: https://sports.yahoo.com/news/kenny-slaught-examines-santa-barbaras-222300459.html

Kenny Slaught – California Architectural Traditions Stand Tall

Kenny Slaught writes on his blog that some of the most famous Santa Barbara architecture features are the centuries-old Hotel Virginia, El Pueblo Viejo district in historic downtown along with the two pink towers of the Old Mission, hosting today retreats and events. The brightly colored tiles of the County Courthouse are brilliant displays of… Continue Reading

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… Continue Reading

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