The Real Estate Market Is Changing – Santa Barbara August 2022

Santa Barbara Real Estate Market News

August 2022

Joe Parker Talks About Shifts in The Real Estate Market


 

joe parker santa barbara real estate news

Joe: Last month we talked about seeing some shifts in the real estate market. Well, that trend has really started to make itself seen.

The Fed has not so slowly been increasing interest rates. As of this post, Jumbo loan rates are in the low 5% range. Combine that with other inflation factors, and change is inevitable.

The video below goes into depth about the shifts we are seeing in:

  • Inventory Levels
  • List Price (Median and Average)
  • Days on Market (DOM)
  • Back on Market
  • Volatility
  • Buyer and Seller Reactions

August 2022 Real Estate Market News

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santa barbara real estate market repot

Thanks for joining us for our August 2022 Santa Barbara Real Estate Market Report. If you have any questions, toss us an email or give us a call. We are here for YOU!

Joe Parker, Garrett McCaw, Avi Becker

The Santa Barbara Group at Berkshire Hathaway HomeServices California Properties
3868 State Street Santa Barbara, CA 93105
(805) 886-5735

https://TheSantaBarbaraGroup.com
Cal BRE #01314939

About the Author

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The Santa Barbara Group

The Santa Barbara group has been helping people with real estate needs and questions for nearly 2 decades. They are among the top professionals in the US with Berkshire Hathaway Home Services.

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