Santa Barbara City College has established a supreme reputation when it comes to training professionals who work in the field of network support. According to Kenny Slaught, “your valued time will be intelligently invested studying this promising and beneficial program.” Network engineers work within a company handling their computer network and providing employees with the best technological applications in connectivity and data management. As it happens with abundant job openings in communications technologies, career opportunities are big and increasing every year.
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.
With a burning housing market, many West Coast buyers are finding that they need to pay excessively high prices for older, less fashionable homes. Kenny Slaught notes that costs have been steadily climbing since 2008, and common reference, the Standard & Poor’s Case-Shiller home price index, reveals that Los Angeles home prices rose to their peak during April of this year since October 2007. Having moved beyond mere recession recovery, Southern California’s larger metropolitan areas are closing in on their former peaks. Slaught says the turnaround stems from a number of factors, which include interest rates, job growth and supply and demand. As current 30-year, fixed-rate mortgages are hovering around 3.5% or less, these enticing numbers nearing 3.31 percent (the record low hit in November 2012) are pushing many toward buying. These historically low rates, coupled with strong employment numbers, such as a 2.4% gain in Los Angeles County and a 3.5% rise in Orange County, makes it clear just why values have appreciated in an extraordinarily fast-paced manner. And although home prices vary considerably statewide, the inflated asking price of higher-end homes outpaces all other states with the exception of Hawaii. The feverish demand for housing cannot currently be met by the slim supply available, with many first-timers forced to opt for condominium-style units: obtainable and within a more modest price range.
Santa Barbara’s astounding community-driven approach is a result of the pledge to charity by the civic officials, entrepreneurs and inhabitants as per Kenny Slaught. The city’s enduring tradition of nonprofit activity and comprehensive giving is made possible through many charities, volunteer groups and community activities, and goes back to the year 1928 with the development of the Santa Barbara Foundation. Amenable local nonprofits lessen the need for public officials to request help from country-level foundations, and make the needs of the community prominent.