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Hosted by Village Properties Realtor, David Charles Allen.  Interest rates contine to rise; 30 year jumbo loans are at 4.25% and 30-year conforming loans reach 5%.  This week, there were 43 new listings and 28 pending sales.  Bidding wars continue and houses continue to sell for over the asking price.  David answers a question from his co-host about considerations when purchasing a home to be used as a short-term rental.  If your interested in learning more about real estate in Santa Barbara email David at david@davidcharlesallen.com or cal 805-617-9311.

 

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Hosted by Village Properties Realtor, David Charles Allen: There were 47 new listings this week in Santa Barbara and 31 properties closed.  Interest rates continued to creep up with 30-year fixed conforming loans at 4.75% and 30-year jumbo loans at 4%.  Many buyers are worried that interest rates will continue to rise and are more determined than ever to purchase a home asap. While houses have appreciated dramatically over the course of the past two years, David points out that historically, they are likely to continue to appreciate, albeit at a slower rate.   He also reminds listeners that if buying a house makes you happy and you can afford it, then it’s the right time for you to purchase a home.  Patti asks David about the stiff competition that realtors face with so few houses on the market and so many realtors and David discusses  the importance of being trustworthy and knowlegable.  To contact David, call 805-617-9311 or email david@davidcharlesallen.com

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Santa Barbara had a heat wave with highs close to 90 degrees but there were a couple of good swells, so surfers and other water lovers had fun cooling down at the beach.  30 – year fixed loans rose to 4.625% and jumbo loans remained at 4%.  There were only 37 new listings and 11 of those were sold off market.  With almost 2,000 real estate agents in Santa Barbara, there’s tremendous competition!  David answered Patti’s question about the things that real estate agents are not allowed to tell their clients but his advice is to empower buyers by giving them the tools to find their own answers.  If you’d like to contact David Charles Allen, you can call him at 805-617-9311 or email david@davidcharlesallen.com

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Do-it-yourself is an attractive way to save money on home improvement projects. Home centers stay busy each spring with people looking to improve their home and yard. Whether you are remodeling your home, making needed repairs, or sprucing things up to put your house on the market, the following tips will help make your next home improvement project a success. This podcast is brought to you by BBB of thw Tri-Counties and sponsored by Ayers Automotive Repairs in Santa Barbara.

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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.

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The HOP (Home Ownership Podcast) Episode 89: Warm weather and fun swells continue to draw people to beautiful Santa Barbara. Host, David Charles Allen, reports that there were 41 new listings this week and 25 % of them sold off-market. This makes it even more difficult for the average person who is searching for a home to purchase. Interest rates rose again–up to 4.5 % for 30 – year fixed and 4 % for 30 – year jumbo loans. In this episode David discusses the challenges and rewards of flipping properties in Santa Barbara and as always The HOP closes with an update on David’s fur babies. To contact David Charles Allen, call 805-617-9311 or email david@davidcharlesallen.com

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