We respect and understand that most people are sheltering in these days during this unprecedented event. For those people that have immediate housing needs or feel this might be a good time to invest we’re hear to listen, and when your ready, we’re here to help.
Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure buyers navigating an unpredictable landscape keep demand declining while other potential buyers remain sidelined from an affordability standpoint. The interest rate hike by the Federal Reserve will certainly inject additional lead into the heels of the housing market.
John Clees's Montecito Home Southern Santa Barbara Real Estate Year to Date Sales Statistics.[...]
SB Twilight Is this the year frustrated buyers will finally have the opportunity to buy or will rising home prices leave them all behind? Realtors, investors, home buyers, and renters across California continue to wait in limbo for the 2024 California housing market to unfold. Is this spring the “inflection point” the media has touted for the real estate market? Mortgage Rates have fallen below October's levels and will likely fall further as the year progresses. Even though that's good news without knowing how the FED will react it's difficult for Sellers and Buyers to know what to do. Click Read More below for more information, local Santa Barbara real estate statistics, and video.
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Kirsten Wolfe BRE 01309570
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