The HOP: Home Ownership Podcast brought to you by Hub for Podcasting and David Charles Allen.
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 and are more determined than ever to purchase a home asap. While houses have appreciated dramatically over the course of the past two years, David points out that historically, they are likely to continue to appreciate, albeit at a slower rate. He also reminds listeners that if buying a house makes you happy and you can afford it, then it's the right time for you to purchase a home. Patti asks David about the stiff competition that realtors face with so few houses on the market and so many realtors and David discusses the importance of being trustworthy and knowlegable. To contact David, call 805-617-9311 or email david@davidcharlesallen.com