Jun 19, 2022

The HOP (Home Ownership Podcast) Episode 101: The BIG NEWS is that the FEDs have raised interest rates, up to 5% for 30-year jumbo loans and 5.625% for 30-year fixed conforming loans. This hike in interest rates is already affecting the real estate market. As the interest rates continue to rise, some buyers may...

Jun 16, 2022

The HOP (Home Ownership Podcast) Episode 100: The early summer weather is beautiful, from the mid-70's to the low 80's and there is some fun surf to be had! Buyer demand may be waning a bit and this week, there were 40 New Listings, 32 Pending Sales, and 9 Price Changes. At the end of the show, David & Patti...

Jun 6, 2022

The HOP (Home Ownership Podcast) Episode 99: Last week in Santa Barbara, there were 45 new listings and 36 pending sales--so while inventory is still low, there was some buildup in supply. While there are still multiple offers, they are now seen most often on the mose desireable listings.

David discussed buying land to...

Jun 1, 2022

The HOP (Home Ownership Podcast) Episode 98: Statistics reveal that the Santa Barbara market is cooling down a bit. This week there were 14 price drops and not many huge overbids. David also discusses the many industries that are affected, (from construction to service Industries) when the real estate market slows down....

May 14, 2022

The HOP (Home Ownership Podcast) Episode 96 with David Charles Allen: David reports on interest rates and the latest Santa Barbara sales stats. This week, there are 54 new listings, more than there have been in months. Jumbo 30 - year loans are at 4.875% and Conforming 30 - year fixed loans are at 5.125% David...