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This week, Santa Barbara weather was in the mid-60’s and 70’s. Residents enjoyed some well-needed rain and good surf. Interest rates stayed the same, at 4.5% for 30-year conforming loans and 4% for 30-year non-conforming loans. Thirty-seven homes closed this week and six of them were off-market listings. Typically, this time of year there would be 50-60 new listings, so the number of available properties for sale is extremely low. David talked about the importance of realtors and brokers being transparent, guiding their clients but never making decisions for them. The questionable strategy of listing a house under its value in order to start a bidding war was discussed. As always, Patti and David end the show with shared stories about their fur-babies. David invites you to contact him by email at david@davidcharlesallen.com or call him at 805-617-9311.