Even with the Holiday Slow-Down, the Market Remains Active



The HOP (Home Ownership Podcast) Episode 121

Hosted by Village Properties Realtor, David Charles Allen https://www.davidcharlesallen.com David reports that there has been plenty of rain and waves over the holidays, making the surfers happy! Typically, real estate is slow over the holidays because people are busy preparing for and celebrating the holidays. Even so, the market remained active, although the supply is a little constrained. Homes are sitting longer but if they’re priced well and are without need for major renovations, they will sell fairly quickly. However, sellers need to realize that things are not selling like they did six months ago and need to temper their expectations. During the past two weeks, there were 12 new listings, 6 price changes, 27 pending sales, 27 closed sales, 4 came back on the market and 3 are coming soon. The interest rate for a 30-year jumbo loan is 5.625% and 6.375 for a 30-year conforming loan.

David and his co-host Patti are both animal lovers and give an update on the antics of their pets this holiday season. If you’d like to talk to David about real estate you can contact him at 805-617-9311 or email david@davidcharlesallen.com

Check out this episode!

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