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1 Share of Berkshire Hathaway Will Buy You…

In 2014 alone, the price of shares in Berkshire Hathaway has increased more than 15%. With Berkshire’s stock breaking the $200,000 barrier, it got us thinking. How much would one share of Berkshire Hathaway buy out there in the real world?

Using the latest data from the National Association of Realtors, we did a little math. And as it turns out, one share of Berkshire Hathaway buys quite a lot.

In fact, with the proceeds from one Berkshire share, you could buy the average house in a whopping 120 of the top 175 housing markets in the U.S.

Check out this list for all the cities where you could buy the average house for less than it would cost you to buy into Berkshire Hathaway.

#SellingLuxuryHomes

Renting Model Homes Is the solution to selling a home quickly, renting it out? One strategy to get homes off the market faster is enlisting a resident to live in and take care of the home while it’s on the market. By matching vacant properties with residents, this adds energy to a home that can’t be achieved in a traditionally staged home.

#SantaBarbaraCA Named One of America’s Top #SmallCities

 

 

 

 

 

 

 

 

Locals know Santa Barbara is a great place to live. But others around the country are now taking notice as well.

The website "Conde Nast Traveler" has ranked Santa Barbara the sixth best small city in America.

Here's what the article had to say about why Santa Barbara is a great place for visitors and residents:

"Blessed with an unbeatable location—between the Pacific and the foothills of the Santa Ynez Mountains, a mere hundred miles north of Los Angeles—this capital of the American Riviera is as easy on the eyes as can be imagined. Add a balmy climate, a multitude of wineries, museums, nature preserves, and beaches, and there’s something for everyone to enjoy. Book well ahead for guided tours of the 37-acre, 1940s Lotusland estate—filled with topiary, exotic plants, and lotus ponds."

Santa Barbara Named One of America's Top Small Cities

5 Reasons #SantaBarbara South Coast Wins At Summer Fun

Santa Barbara Summer surfer We all know the struggle of deciding where you're going to take the next summer vacation. With travel bucket lists that are miles long, it's hard to settle on just one location. Luckily for you, the Santa Barbara South Coast the shining star on any travel wish list. While it's true that this majestic destination is great for visiting all year round, summer is definitely no exception, and we're here to provide 5 reasons why the Santa Barbara South Coast wins as a summer vacation hot spot.

Just Sold! 6375 Lagunitas #Carpinteria

6375 Lagunitas Ct Jake Ralston Team is proud to announce the sale of this impressive 2-story home in Carpinteria's newest development Lagunitas.  Features include 4 bedrooms, 3.5 baths plus loft in 2,605 sqft with contemporary finishes and colors.  Spacious rooms throughout and a great room concept kitchen and living area make this a spectacular home for living and entertaining.  Just sold for $975,000!

Just Sold In #SeacoastVillage

IMG_0589_7_8_tonemapped 5254 Cambridge Lane in Carpinteria

Jake Ralston Team proudly announce the sale of this sweet single story home in Seacoast Village!

Features include 3 bd/2 bth, Brazilian hardwood floors, fireplace and spacious yard in a peaceful location adjacent a large park.

#SolarPower Laundry Dryer

Miele's new solar-powered clothes dryer The only thing more energy efficient than this tumble dryer is a clothesline.

The robotically named T 8881S EcoComfort is so crazy efficient that the European Union gave it its highest energy rating, an A+++; the dryer uses 80% less energy than a standard unit.

And, in an ironic twist, the T 8881 S EcoComfort uses water to dry your clothes.

How It Works...

 

#CaliforniaPriceExpections

Capture Expected price movements depend on local conditions relating to housing demand and supply, demographics, and job growth. The difficulty in accessing mortgage financing and modest expectations about overall economic and job prospects are factors underpinning the modest price expectation. The expected price growth was highest (red) in states with low inventory levels, strong cash sales, and strong growth sectors (e.g., technology, oil).

#BellosguardoEstate #SantaBarbara

For decades, the beautiful Bellosguardo estate has sat majestically on its bluff overlooking Santa Barbara’s East Beach and the Andrée Clark Bird Refuge — closed up and off-limits to all but a handful of visitors.

Things are beginning to change.

The mansion at 1407 E. Cabrillo Blvd. was donated to an arts foundation as part of the late heiress Huguette Clark’s will. Clark, who died in 2011 at age 104, was the daughter of William Clark, a copper tycoon and senator who made his fortune in mining, banking and railroads.

Over the last decades of her life, Clark was increasingly reclusive and hadn’t visited the Santa Barbara estate in more than 50 years.

Like her family’s other properties, including lavish Fifth Avenue apartment in New York City and a home in Connecticut, the Bellosguardo mansion was kept meticulous, ready for a visit at any moment.

The New York Attorney General’s Office is supervising the settlement agreement for the will, which includes forming a Bellosguardo Foundation board of directors to manage the Santa Barbara property and its assets. Clark also gave the foundation her doll collection, valued at $1.7 million, and $4.5 million in cash.

Santa Barbara Mayor Helene Schneider is nominating local representatives to the foundation board and other people will be put forward by the Clark family, the Corcoran Gallery of Art in Washington and Clark’s Santa Barbara attorney, James Hurley.

“Part of my process is bringing potential board members (to the property) so they can see what it is they would be overseeing,” Schneider said.

On a recent visit to the property with representatives of Christie’s, which is handling the auction of many Clark family treasures from the New York estate, Schneider got to see the music room and hallways with all the artwork and furniture uncovered.

“Everything has these custom-made slip covers over the paintings and furniture, so it looks much more like it’s in storage than in its full glory like you see in the video,” she told Noozhawk, referring to a video tour of the mansion that Christie’s created.

“I’ve been up there a few times and I see something new every time I go.”

The estate was built in the 1930s, during the Great Depression. Schneider said the Clark family wanted to keep people employed so extra work and details were added during construction.

“The level of artisanship and craftsmanship done all over the house is apparent, and it’s really above and beyond what you would see in a house construction project,” she said.

Significant funds must be raised by the Bellosguardo Foundation to get the mansion ready for the public, whether it’s run as a museum, art gallery, event venue or something else.

“It’s been fascinating and time-consuming, and exciting and stressful,” Schneider said.

The board will probably be finalized this summer, since everyone is waiting to see how well the auctions go.

Christie’s is accepting sealed bids for a rare violin made by Italian Antonio Stradivari, appraised between $7.5 million and $10 million, and on Wednesday will hold an auction for a collection of artwork, Gilded Age furnishings, rare books and personal effects from the Clark family’s Fifth Avenue home.

Proceeds from the auction are funding different conditions of the settlement, such as payments to family members, the Corcoran Gallery and the Bellosguardo Foundation.

If a Claude Monet painting hadn’t sold last month (which funded a $10 million payment to the Corcoran Gallery), it would have changed how the settlement payments were organized, Schneider said.

“At the end of the day, if everything is done and sold for the amount it was appraised for, then it includes securing the property and the $4.5 million in cash that goes to the foundation, which will help for the first couple years of running it,” she said.

The Cabrillo Boulevard property itself won’t transfer to the board until the will is completely closed and the settlement is complete. There are still negotiations regarding an $18 million penalty fee to the Internal Revenue Service, which the foundation hopes will be waived.

In preparation for the upcoming auction, Andrew McVinish, head of private and iconic collections for Christie’s, recently visited Bellosguardo to make a video tour.