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...

Apr 25, 2022

Hosted by Village Properties Realtor, David Charles Allen: There were 47 new listings this week in Santa Barbara and 31 properties closed.  Interest rates continued to creep up with 30-year fixed conforming loans at 4.75% and 30-year jumbo loans at 4%.  Many buyers are worried that interest rates will continue to rise...

Apr 11, 2022

Santa Barbara had a heat wave with highs close to 90 degrees but there were a couple of good swells, so surfers and other water lovers had fun cooling down at the beach.  30 - year fixed loans rose to 4.625% and jumbo loans remained at 4%.  There were only 37 new listings and 11 of those were sold off market.  With...