Want a 3% Mortgage Rate?

2 years ago

Would you like a 3% Mortgage Rate? An Assumable Loan might be something to consider. Assumable loans are loans where…

Market Trends August 2023

2 years ago

106 Homes sold in August 2023 down from 133 homes sold this time last year. Low inventory continues to drive…

Virtually Unchanged

2 years ago

Buyers and sellers' sentiments remained virtually unchanged in August 2023 as housing market participants waited for more signals on what…

Zillow’s 1% Down Loan Program Will Destroy the Housing Market, or not…

2 years ago

In the movie The Big Short there was a scene in which a stripper bought multiple investment condos. She was…

What’s Up with Mortgage Rates?

2 years ago

AUGUST 23, 2023 The current average interest rate for the benchmark 30-year fixed mortgage is 7.61%, rising 6 basis points…

How Are Sales?

2 years ago

The Santa Barbara real estate market has enjoyed a historic run in home values over the course of a decade. As a…

Fiesta! Old Spanish Days Returns!

3 years ago

Now in its 99th year, Old Spanish Days in Santa Barbara is a beloved Santa Barbara tradition since 1924 dedicated…

Home Prices

3 years ago

The graphs included in this post use recent monthly reports from three sources to show the worst home price declines…

Market Update

3 years ago

The California real estate market has shown signs of recovery in May, with home sales reaching the highest level in…

The State of Mortgage Rates and Decoding the Real Estate Market

3 years ago

The average rate on the popular 30-year fixed mortgage hit 7.22% on Thursday, according to Mortgage News Daily. That’s the…