Several career opportunities and training programs, intended for those who aren’t pursuing college credits but instead learning something new, are offered by Santa Barbara City College, as mentioned by Kenny Slaught, an eminent property investor and entrepreneur, on his blog at KennySlaught.com. The community of Santa Barbara is a place that offers its citizens with many prospects with career advancement and professional training in skills that are pertinent in the present world. Having stated before the many ways the community works together and puts together programs that benefit all of those who call Santa Barbara, home, Kenny Slaught considered the many programs available to those interested, comprising Computer Network Engineering, Culinary Arts and Hotel Management, Environmental Horticulture, Graphic Design, among others.
With a white-hot residential scene, many West Coast buyers find that they have to pay excessively high prices for older, less fashionable options. Kenny Slaught notes that home costs have been steadily rising since 2008, and our reference, the Standard & Poor’s Case-Shiller home price index, shows that Los Angeles home prices peaked during April of this year, their highest point since October 2007. Southern California’s larger metropolitan areas have moved recession recovery beyond and are closing in on their former peaks, and Slaught says this turnaround can be attributed to a number of factors including interest rates, job growth and supply and demand. Currently, 30-year, fixed-rate mortgages are hovering around 3.5% or less, nearing the 3.31 percent record low hit in November 2012, and are pushing many toward buying. These historically low rates, along with strong employment numbers, such as a 2.4% rise in Los Angeles County and a 3.5% gain in Orange County, point to just why values have appreciated in an extraordinarily fast-paced manner. And despite home prices varying considerably throughout the state, the inflated asking price of higher-end homes is outpacing all other states with the exception of Hawaii. The slim supply available cannot meet the feverish demand for housing, therefore many first-timers are forced to opt for condominium-style units which are both obtainable and within a more modest price range.
Founding principal and president of Investec Real Estate Companies, Kenny Slaught has boldly led his investment, management, and development firm through several market cycles with great success. As a key figure in the Southern California residential, commercial and industrial property scenes for more than thirty years, he has weathered unexpected variance and bested trends. With his wide-ranging experience and understanding of the acquisitions that shape the state he has called home since childhood, Slaught shares his insights about the unique nuances of the California market; these distinctions include the ability to recognize purchase opportunities and pitfalls, and astute knowledge of the myriad extraneous influences that affect the Golden State.