‘The Bottom Is Here’: Surprise Drop in Mortgage Rates Opens Home-Buying Affordability Window By Deborah Kearns Swings in mortgage rates can sometimes make or break your home-buying prospects. When rates rise, it can squeeze your house budget to its limit and force you to reevaluate your plans. And when rates fall, you’re in a better… more
Mortgage Rates
Interest Rates Affecting Buyers Ability and Bottom Line
As interest rates increase for home buyers, not only does the monthly payment go up, but also the amount of income needed qualify to purchase the home. Check out how interest rates affect buyers’ bottom lines:
Santa Barbara South County Market Overview March 2018
The Santa Barbara South County real estate market shows trends and recent sales data for the Santa Barbara & surrounding areas. According to the 28-Year Price Trend shown below, the average price range took a slight decline between 2015 and 2016, when we started to see a steady increase over the past 2 years. In the… more
5 Reasons to Talk to a Lender Before You Start House-Hunting
5 Reasons to Talk to a Lender Before You Start House-Hunting Most people don’t see a lender before they start going to open houses and finding a realtor – but they should. Not only does this give you a realistic picture of the loans available to you, but it makes you more attractive to… more
SB South County Market Overview May 2017
Santa Barbara South County Market Overview In looking at the numbers for the month of May 2017 in Santa Barbara Real Estate, we can see that New Listings have remained somewhat steady. There have been 164 sales in the month of May, the highest number of 2017, with the trend of more sales each… more