David Charles Allen, Village Properties Realtor and host of The HOP, reports that there were 53 pending sales and 56 new listings in Santa Barbara so there is not a lot of new inventory.  Interest rates remained the same; 3% for conforming thirty-year fixed and 2.75% for non-conforming jumbo loans. David reminds listeners that these rates vary as a buyer's credit history, down-payment, and other factors come in to play.  He mentioned that there is a lender in Santa Barbara that is covering closing costs for buyers.  As usual, David and his co-host, Patti Teel, close the show with their Pooches at Home segment as Patti expresses the joy and frustration of watching her 50 + pound grand dog, a golden retriever puppy named Riley.  If you're interested in learning more about the housing market in Santa Barbara, contact David at 805-617-9311 or email david@davidcharlesallen.com