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The HOP (Home Ownership Podcast) Episode 140
Week of 6-3-23
Village Property Realtor and host of the HOP, David Charles Allen, reports on interest rates and the latest Santa Barbara sales stats. Thirty-year jumbo loans are at 6% this week and thirty-year conforming loans are at 6.5%.
Santa Barbara sales stats are as follows:
- 27 New Listings
- 14 Price Changes
- 24 Pending
- 5 Back on on the Market
- 4 Coming Soon
Patti and David discussed real estate mogul, Barbara Corcoran and her recent prediction that the Best Time to Purchase a Property is RIGHT NOW! She believes that if people wait until rates go down, more more buyers will be competing–and the bidding wars will be back! Plus, she reminds us that when interest rates drop, people can always refinance their loans.
If you’d like to get in touch with David, you can email him at david@davidcharlesallen.com or call him at 805-617-9311.