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Consistent mortgage rates over the past month keep the conforming 30 year fixed rate at 3.125 and the 30 year jumbo mortgage rate at 2.875. A big change in listings over the past week in Santa Barbara as 61 new listings appear on the market, 17 coming soon listings, 36 homes were closed on, and 33 homes went into escrow. As buying prices rise, demand goes down. People are waiting to make a big home purchase.
David gives some tips on what to do when negotiating a potential home purchase, based on the appraisal. Patti talks about her dog Ollie’s recent visit to the dog trainer.
If there are any inquiries, comments, questions, or stories you would like to share with The HOP, email david@davidcharlesallen.com and follow David on his website, www.davidcharlesallen.com or call direct 805.617.9311