The HOP (Home Ownership Podcast) Epidosde 113

Hosted by Village Properties Realtor, David Charles Allen. Interest rates continue to rise and new listings are down. Here are last week's stats: 25 new listings, 24 price changes, 18 closed, 21 pending, 1 expired and 2 coming soon. Interest rates spiked to 5.5% for 30-year jumbo loans and 6.375 for 30-year conforming. David reports that homes that are desireable are still selling quickly, often with multiple offers. However, homes that are considered less desireable due to location or those needing work are often having to lower their prices. Please feel free to email David at [email protected] or call him at 805-617-9311.