Local NewsReal Estate January 24, 2019

Affordable Growth in Santa Maria

An article written by Mathew Burciaga of the Santa Maria Times caught my eye this week so I thought I would share it with you. It talks about the growth of the northern county of Santa Barbara, and how people who might not be able to afford living in the southern Santa Barbara cities like Santa Barbara and Goleta are flocking to Santa Maria and it’s more palatable prices. If you are reading this and thinking you may like to take a look in the area, please let me know and I can assist you in your search.

Here are a few excerpts from Matthews article:

“Fueled by residential, commercial and retail developments, Santa Maria has grown roughly 40.1 percent over 19 years, surpassing Santa Barbara as the County’s largest city, according to the California Department of Finance and U.S. Census Bureau.

Its rapid growth is mirrored by population increases in other North County cities: Buellton and Guadalupe experienced a more than 30 percent jump in population, Solvang grew by 8.23 percent, and Lompoc saw a 6.07 percent increase.

Chuen Ng, Santa Maria’s community development director, said new housing developments after a six-year slump in building will help support Santa Maria’s continued growth.

“We’re growing at a slightly faster pace than some other coastal cities,” he said. “Some areas in California are very vulnerable to market forces, [but] I think the growth we’re seeing in the city is a healthy growth.”

As more residents relocate to North County cities for their relatively lower cost of living, the demand for housing is growing…”

You can also read the full article here as well as this article about the revamp they are doing of Downtown Santa Maria by Nathalie Vera of KEYT as well. Very good things happening there if you are finding Santa Barbara is not in your budget.