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Today, the American Riviera remains a favorite of the rich and famous. Tim Allen, Marc Anthony, Ed Asner, Jeff Bridges, Kevin Costner, Tom Cruise, Whoopie Goldberg, Jennifer Lopez, Julia-Louise Dreyfus, Steven Spielberg, Eric Schmidt, Dick Wolf, Brian Wilson, Stevie Nicks and Oprah Winfrey are just a few of the Hollywood heavyweights to call Santa Barbara home. Why? Located 97 miles (156 km) northwest of Los Angeles Santa Barbara has a mild climate protected to the south by the Santa Barbara Islands and to the north by the mountains.
There must be more to the recent rise in prices than nice weather. Who is moving in, causing the average price in Montecito to top $5 million? And, why some people are moving out, tempted by a more affordable Texas, Arizona, Nevada Colorado and perhaps looking for what California used to be. We are going to ask two multi-generation Santa Barbarans how the area has changed and what's next for the "American Riviera".
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