Seller’s Hesitancy Leads to Low Inventory

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The HOP (Home Ownership Podcast) Episode 108: Hosted by Village Properties Realtor, David Charlles Allen. Sellers in Santa Barbara don’t seem very motivated to sell right now. Last week, thee were only 25 new listings and 17 price drops. Because interest rates are up, someone who sells their home may have a hard time finding a replacement home that is as nice as the one they had, without paying more each month. For more information about the real estate market in Santa Barbara, email david@davidcharlesallen.com or call 805-617-9311.

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Interest Rates Stay Steady and Pending Sales Rise

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The HOP (Home Ownership Podcast) Episode 107, Hosted by David Charles Allen, Village Properties Realtor. Last week interest rates remained the same at 4.375% for 30 – year jumbo loans and 4.875% for 30 – year conforming loans. Regarding the sales stats, there were 30 new listings, 15 price changes, 21 closed, 41 pending, 4 expired, and 4 coming soon. David feels that the fact that interest rates remained the same, contribued to the number of pending sales. David and his co-host Patti, had a discussion about the advantages and disadvantages of house hacking before discussing their fur babies. You can call David at 805-617-9311 or email david@davidcharleallen.com Visit David’s website at https://www.davidcharlesallen.com

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How to Choosing the Right Electric Bike for you

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Electric bicycles— or e-bikes –allow riders to go farther and faster than a standard bicycle. Riding an e-bike instead of driving a car can help you lower your carbon footprint, save on gas money, and stay active. E-bikes come in many models and price ranges, so finding the right one for your needs requires research. BBB recommends the tips in this episode to help you pick the right e-bike.

https://www.bbb.org/local-bbb/bbb-of-the-tri-counties

A Big Thank you to Ayers Automotive Repair in Santa Barbara for Sponsoring this Podcast!

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Choosing the Right Electric Bike for your Budget

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Electric bicycles — or e-bikes – allow riders to go farther and faster than a standard bicycle. Riding an e-bike instead of
driving a car can help you lower your carbon footprint, save on gas money, and stay active.  E-bikes come in many models and price ranges, so finding the right one for your needs
requires research. BBB recommends the following tips to help you pick the right e-bike for your budget.  https://www.bbb.org/local-bbb/bbb-of-the-tri-counties

A BIG thank you to Ayers Automotive Repairs in Santa Barbara for sponsoring this podcast!  

 

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Considerations when Purchasing Investment Rental Properties

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he HOP (Home Ownership Podcast) Episode 106: Hosted by Village Properties Realtor, David Charles Allen. In this episode, David reviews the interest rates and sales stats before discussing things to consider when purchasing investment properties as rental income. Interest rates were down a bit with jumbo 30-year loans at 4.375% and conforming 30-year loans at 4.875%. Regarding the sales stats, the new listings were at 60, which is higher than they’ve been in a long time and price drops were at 26, which is also higher than they’ve been in recent months.

To reach David, email him @ david@davidcharlesallen.com or call him at 805-617-9311.

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Watch Out for Phony Airline Sites!

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Airline travel is back in full swing, but scammers are taking advantage of increased flight cancellations with a new con. BBB Scam Tracker has received multiple reports of scammers creating fake airline ticket booking sites or customer service numbers to charge travelers for rescheduling fake flights. If you are buying airfare, use caution and double-check the URL or phone number before providing your credit t information.  https://www.bbb.org/local-bbb/bbb-of-the-tri-counties

A BIG thank you to Ayers Automotive Repair in Santa Barbara for sponsoring this podcast.

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The Market is Becoming More Balanced

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The HOP (Home Ownership Podcast) Episode 105: For the last couple of years, it has definitely been a Sellers Market but Village Properties Realtor and host of the HOP (David Charles Allen), feels that the market is becoming a little more balanced. Houses are sitting on the market a little longer and there are more price drops. Interest rates continue to fluctuate.

Currently, 30 year fixed jumbo loans are down to 4.375% and 30 year fixed conforming loans are at 5%. While historically this is still a lot rate, new buyers have to get over the mental hurdle of missing out by not taking action when rates were lower. You can email David at david@davicharlesallen.com or call him at 805-617-9311.

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Beware of the Pavement Scams!

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If your driveway needs paving or repairs, don’t trust just anyone to do the job. BBB Scam Tracker has numerous reports of unscrupulous contractors who trick homeowners with supposedly good deals. Homeowners end up with shoddy pavement — or nothing at all — to show for what they paid and, in some cases, have lost over $8,000 in the process. In this episode you’ll learn how the scam works and how to avoid it. A BIG thank you to Ayers Automotive Repair in Santa Barbara for sponsoring this podcast!

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BBB Shares Tips for Online Returns

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Online shopping is growing, which means online returns are increasing, too. However, policies and processes vary from store to store. Figuring out how to get your item back to the seller and your refund in the bank isn’t always easy. To make the process as smooth as possible, BBB recommends tips for returning online merchandise. A BIG thank you to Ayers Automotive Repairs in Santa Barbara for sponsoring this podcast.

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Interest Rates Up & Down on a Weekly Basis

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The HOP (Home Ownership Podcast) Episode 104: It was a beautiful week in Santa Barbara with temperature in the 70’s. Surfers may be in for a treat as a South Swell may be coming. Interest rates have been up and down. Currently 30-year jumbo loans are at 4.625% and 30-year conforming loans are at 5.5%. Last week there were 47 new listings, 14 price changes, 26 pending sales, 3 expired listings, 25 that closed and 6 coming soon. The supply is slowly building but homes are taking longer to sell.

To contact the host, Village Properties Realtor David Charles Allen, email david@davidcharlesallen.com or call 805-617-9311.

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