Apr 25, 2022
Hosted by Village Properties Realtor, David Charles Allen. Interest rates contine to rise; 30 year jumbo loans are at 4.25% and 30-year conforming loans reach 5%. This week, there were 43 new listings and 28 pending sales. Bidding wars continue and houses continue to sell for over the asking price. David answers a question from his co-host about considerations when purchasing a home to be used as a short-term rental. If you're interested in learning more about real estate in Santa Barbara email David at david@davidcharlesallen.com or cal 805-617-9311.