The HOP (Home Ownership Podcast) Episode 63: Small Number of New Properties on the Market in Santa Barbara

David Charles Allen, Village Properties Realtor and host of The HOP, reports that there were 53 pending sales and 56 new listings in Santa Barbara so there is not a lot of new inventory.  Interest rates remained the same; 3% for conforming thirty-year fixed and 2.75% for non-conforming jumbo loans. David reminds listeners that these rates vary as a buyer’s credit history, down-payment, and other factors come in to play.  He mentioned that there is a lender in Santa Barbara that is covering closing costs for buyers.  As usual, David and his co-host, Patti Teel, close the show with their Pooches at Home segment as Patti expresses the joy and frustration of watching her 50 + pound grand dog, a golden retriever puppy named Riley.  If you’re interested in learning more about the housing market in Santa Barbara, contact David at 805-617-9311 or email

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