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ANOTHER TAKE ON ACCESSORY DWELLING UNITS by Jock Sewall Jock Sewall is a local Santa Barbara Architect. Here's his take on Accessory Dwelling Units: "Aging in Place," that is, not moving to a separate rest home or it's equivalent, staying in the family and community mix is the most desirable senior residential outcome by far according to every kind of senior. This kind of family arrangement (community with privacy) is now possible with the new Accessory Dwelling Unit provision in California. The biggest benefit to aging in place is that "oldsters" will maintain their dignity, independence, and inclusion in the family support system as long as humanly possible. If a parent needs senior care and cannot afford it, with an Accessory Dwelling Unit, they have an opportunity to remain in the family setting where care is close without feeling underfoot. We all want to live the fuller life that aging in place allows. When alone people get lost, give up, then sink into desperate isolation. Depression can be a silent killer for seniors in our society. An active defense against this kind of loneliness is living close to family, seeing friends around town, and having convenient access to services, markets, church, and nature. Simple but necessary. A family compound approach with an accessory dwelling unit provides a tool for many to extend their resources and let those close to them that have gotten on in years to live out their days with greater peace of mind in a familiar setting , and more dignity.

HOPE RANCH IN SANTA BARBARA, CALIFORNIA Hope Ranch is an exclusive community with over 1800 lush acres along the Pacific Ocean in Santa Barbara, California. Hope Ranch is a unique enclave with over 750 luxury homes. One of the many amenities that Hope Ranch offers is a private Beach with picnic grounds, and a playground. Other amenities include 22 miles of Equestrian Trails, Community Tennis Courts, Private Security Patrol, and the La Cumbre Country Club. Hope Ranch Beach is a sandy beach that includes bath houses that were built in the 1920’s and recently updated to include rest rooms, lockers, outdoor showers, and kayak lock ups. In the summer you’ll find a snack shack, lifeguards, and a volleyball court on the sand. https://vimeo.com/213359484

INTEREST RATES * UPDATE * April 13, 2017 Continued strength in the labor market could lead the Federal Reserve to continue gradually raising interest rates. Mortgage rates, however, have declined for three straight weeks following the Fed’s early March announcement that it would raise rates; 30-year, fixed-rate mortgages currently stand at 4.10 percent, according to Freddie Mac. Falling mortgage rates could reflect markets’ adjusting to the workings of the new administration and the realization that changes, if enacted, will take longer than expected. In fact, it has become increasingly harder to predict how President Trump’s policies will change and what the impact on the economy will be. The effort to overhaul health insurance met resistance from both parties, as did proposed immigration and travel policies. Though many observers expect tax reform to be next on the agenda, the government is now facing debate over the debt ceiling and spending, which will slow any progress on tax-reform talks. As April 13, 2017 the average rate on a 30 year fixed rate mortgage dropped two basis points to 4.08% (0.5 points). The average rate on a 15 year fixed rate mortgage sunk two basis points to 3.34% (0.5 points). The average rate on a 5 year adjustable rate mortgage fell one basis point to 3.18% (0.4 points).

BILL AND HILARY CLINTON'S VACATION HOME FOR SALE A Padaro Lane vacation retreat for Bill and Hilary Clinton is for sale. Bill and Hilary stayed here following his victory for President in 1992, and later in 1993. The property at 3055 Padaro Lane in Carpinteria is offered at $28,500,000. The private ocean estate is set on 4.37 acreas (according to the Santa Barbara MLS -where image was borrowed from). The property offers four bedrooms, six baths, and is approximately 6866 square feet (SBMLS). The French Country estate home also offers an oversized three car garage with guest apartment with separate entrance.