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David reports on interest rates, which went up slightly to 3.375 for conforming 30-year fixed loans and to 3.125 for non-conforming jumbo loans.  Last week in Santa Barbara, there were more listings than pendings and a number of sellers dropped their prices after being listed for only about a week.  (David surmised it may have been because they were overpriced to begin with–and not based on comparables.)  David also explained why today’s market is so very different from what led to the real estate crash and foreclosures in 2008.  Listen to the entire episode to learn why!  David Charles Allen

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David Charles Allen reports on the latest interest rates and real estate stats and then interviews special guest, Jeff Smedstad–chef at the world-famous Elote Cafe in Sedona.  Jeff discovered long ago that cooking for people makes them happy and he’s made a lot of people happy at Elote Cafe!  His route to becoming a world-class chef took a circuitous route–starting with cooking for shipmates in the Coast Guard, travelling throughout Mexico,  and of course, attending cooking school.   To view Elote’s menu, and to make your reservations, visit Elote Cafe online.

For real estate questions, visit https://www.davidcharlesallen.com

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With half as many homes available for sale this year as compared to last year, it’s definitely a seller’s market.  Host, David Charles Allen, reports that a nice home in Goleta had twenty offers and closed for $200,00 over the asking price!  Interest rates have risen to 3.25-3.5% and buyers fear that they’ll keep rising, driving even more demand! In order to get into a house, buyers are having to prioritize the one thing they can’t live without, while in the past, they would have had a longer checklist.  https://www.davidcharlesallen.com

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David reports on the Santa Barbara housing stats and with only a few new listings, encourages buyers to exercise patience.  https://www.davidcharlesallen.com/

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David describes a home listing recently posted in Solvang, CA that is now available for purchase. Learn more by contacting david@davidcharlesallen.com

This week on The HOP, Host David Charles Allen and Co-host Patti Teel interview Cal Brockman of ‘Goldmark Jewelers’. Cal describes his passion for gemstones and explains how he got into making jewelry.

Learn more about Cal Brockman and Goldmark Jewelers by visiting https://www.goldmarkjewelers.com/

Email Cal Brockman calbrox@integra.net or visit his store in Portland, OR

If there are any inquiries, comments, questions, or stories you would like to share with The HOP, email david@davidcharlesallen.com and follow David on his website, www.davidcharlesallen.com or call direct 805.617.9311

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Current mortgage rates are slowly on the rise as new home buyers find fewer houses available on the market. Home buyers are finding themselves purchasing homes at any cost, without much forethought, in order to secure themselves a purchase. But will people have buyer’s remorse if they do not wait for the perfect home?

If you are looking to buy a home, make the right choice with David Charles Allen!

If there are any inquiries, comments, questions, or stories you would like to share with The HOP, email david@davidcharlesallen.com and follow David on his website, www.davidcharlesallen.com or call direct 805.617.9311

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