The Hop

The HOP (Home Ownership Podcast) Episode 97: David Charles Allen gives the latest interest rates and Santa Barbara Real Estate Stats. This week, there were 44 new listings and 49 pending sales, reducing the number of homes available for sale. There were 14 price changes and many of them can be accounted for by price drops on properties in the 1.5-million-dollar price range. It's too soon to tell w...

The HOP (Home Ownership Podcast) Episode 96 with David Charles Allen : David reports on interest rates and the latest Santa Barbara sales stats. This week, there are 54 new listings, more than there have been in months. Jumbo 30 - year loans are at 4.875% and Conforming 30 - year fixed loans are at 5.125% David also discusses factors that could lead to a recession and how it would affect the housi...

David Charles Allen , Village Properties Realtor, and host of the HOP, shares the Santa Barbara sales stats and latest interest rates.  Thirty-year fixed jumbo loans are up to 4.5% and 30-year conforming loans rose to 5.125%.   Higher interest rates affect first-time homebuyers the most.  David reviews other towns and cities within an hour drive of Santa Barbara, discusses their affordability,  an...

The HOP (Home Ownership Podcast) Episode 94: Village Properties Realtor, David Charles Allen , advises buyers to be prepared before they start shopping for their next home. Santa Barbara continues to have a low supply of inventory and a big demand. If you need a loan, it can be tough to compete. Sellers often prefer a cash offer becaus it can close quickly without contingencies. However, if you ne...

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 use...

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 ap...

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! ...

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...

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 %...

The HOP (Home Ownership Podcast) Episode 88: Host of the HOP, Village Properties realtor, David Charles Allen, said that Santa Barbarans have been enjoying beautiful spring weather with temperatures in the 60's and 70s. There have also been decent swells to make surfers happy. Interest rates rose significatntly, up to 4.25% for 30 - year conforming loans and 3.75% for 30 - year jumbo loans. In San...

The HOP Episode 87: This week, interest rates remained basically the same with 30-year jumbo loans at 3.375% and 30-year fixed loans at 3.875%. There was still no real significant build up of inventory with 43 new listings and 45 homes that closed. David Charles Allen discussed programs that might help first time home buyers to get into a home as well as the benefits and pitfalls of those programs...

The HOP Episode 86: David Charles Allen discusses the weather, waves, and real estate in Santa Barbara! Interest rates remain low; 3.75% for 30-year fixed and 3.375% for 30-year jumbo loans. There were 42 new listings this week and 40 went pending, with very little build up of available properties for sale. A listener asked about the reliability of Zillow Zestimates and David explained that they w...

There are always a lot of moving parts when it comes to planning a wedding. Add a pandemic to the mix, and it can easily feel overwhelming. That said, many couples have proven that with a little ingenuity, flexibility, and a few precautions, it is possible to pull off a beautiful and safe wedding. You can make a success of your wedding. To do so, BBB recommends the tips that you'll hear in this ep...

Host and realtor, David Charles Allen, reports on the weather, interest rates and sales stats.  After an unusual cold snap with frost warnings, the weather warmed up.  Interest rates remained the same as the week before--4% for 30 - year fixed and 3.5% for 30 - year jumbo.  During the past week there were 40 new listings, 20 properties closed, and 26 went pending.  While there has been a small upt...

The HOP (Home Ownership Podcast) Episode 84: After months of inching their way up, Village Properties Realtor and host of the HOP, David Charles Allen , reports that interest rates on 30-year conforming loans reached 4%--while jumbo 30 - year loans reached 3.5%. While interest rates are still historically low, they are definitely on the rise. If they continue to rise, some buyers will be priced ou...

Village Properties realtor, David Charles Allen , reports that interest rates are continuing to inch their way up and the supply of properties for sale is low. Many property owners are tempted to put their homes on the market but if they do, they'll face the difficult task of finding a new place to live. They may be tempted to turn their properties into short term rentals in order to get top dolla...

Village Properties Realtor, David Charles Allen reviews the interest rates and sales stats in Santa Barbara.  He then gives tips on the types of remodeling projects that are likely to help you sell your property in the future.

Village Properties realtor, David Charles Allen , reports on the latest interest rates and stats.  There was not much change in interest rates during the past week;  as of January 24th, 30-year fixed loans were at 3.625% and 30-year jumbo loans were at 3.125%.  The supply of properties on the market is lower than previous years with just 38 new listings and 36 pending sales.  David also discussed...

Hosted by Village Properties Realtor, David Charles Allen : Interest rates continue to inch their way up.  Home prices remain high but seem to be leveling off.  There is still a home shortage and new construction is limited.  As we enter a new year, it's still a great time to sell.  Sellers are likely to easily get their asking price and sell their homes quickly.  For more information, or for help...

David Charles Allen , Village Properties Realtor and host of the HOP, talks about the cooler weather and disappointing surf before discussing the week's real estate stats in Santa Barbara along with the latest interest rates.  There was not any real build up of supply this week and interest rates remain low but David is looking forward to some movement in the New Year.  Co-host, Patti Teel talks w...

Host of the HOP and Village Properties Realtor, David Charles Allen , reports on the Santa Barbara weather, surf, interest rates and real estate stats before answering a question from a listener on the pros and cons of buyers and sellers sharing the same agent.  This week there were less pending sales than new listings and price changes were significant.  David feels it's too soon to tell if an ad...

Village Properties Realtor, David Charles Allen , reports on Santa Barbara's weather, surf, interest rates and sales.  Interest rates, which have been shifting slightly, remained low with 30-year conforming loans at 3.125% and jumbo 30-year loans at 3%.  There were 31 new listings and of those, only 15 didn't sell.  A listener asked why the newspapers are reporting that sales are down, even though...

Village Properties Realtor, David Charles Allen , gives the latest real estate stats in Santa Barbara and then he and co-host Patti Teel discuss 'forever homes' and why people often end up selling them.  To contact David, email David@davidcharlesallen.com or call 805-617-9311.

Interest rates and inventory remain low. Host and Village Properties Realtor, David Charles Allen, notes that the real estate market correlates with what's happening in our econonomy. Housing prices are up (as are the cost of goods due to inflation), and inventory is down (like product shortages created by supply chain issues.) David gives sellers a tip about clutter and tells listeners that a clu...

Host, David Charles Allen , reports that new listings are down substantially in Santa Barbara and multiple offers over asking price continue as the status quo. While the holidays are a busy time, David encourages sellers to consider taking advantage of the 'buyers market' by listing their property now. To contact David, call 805-617-9311 or email david@davidcharlesallen.com