AFFORDABLE HOMES NEAR THE SILICON VALLEY: With average single family home prices of $1 to $1.5 million across the Bay Area, affordability concerns continue to push people who work in the Silicon Valley to seek affordable housing anywhere within about an hour’s commute. The San Lorenzo Valley sparkles with some of the most attractive prices…
SUMMARY: The 1st quarter trend reflected continued price softening across all regions. To answer the question, “Is this a bubble popping,” I think not: CoreLogic reports serious mortgage delinquencies are at the lowest rate in 18 years. After several years of rapid price appreciation, I believe this softening is healthy for the overall housing market. …
Around this time of year, people start asking what the next year holds for real estate. Let’s face it – if I had a crystal ball I probably wouldn’t be working any more. Still, having worked through some peaks and troughs in this industry, and being a constant observer of not only our local market…
Santa Cruz, Scotts Valley and San Lorenzo Valley Real estate market update: 4th Quarter 2018 SUMMARY: Just as I reported in the 3rd quarter, the 4th quarter trend reflected continued price softening. After consecutive years of double digit price appreciation, I consider this softening healthy for the overall housing market, although it is certainly disconcerting to…
Santa Cruz, Scotts Valley and San Lorenzo Valley Real estate market update 3rd Quarter 2018 SUMMARY: Home prices began to soften in some communities over the last quarter. Still, prices are higher than this time last year across the majority of areas. Since there are more homes for sale now compared to this spring, homes are…
Regardless of whether you rent or own your home, these tips can save you money, keep you warmer, help you breathe cleaner air and even keep you safe. Even though today it’s a warm late summer day, the first day of fall is right around the corner on September 22nd! Make good use of the…
In an effort to provide safer, affordable housing, Santa Cruz County Building and Planning Department just released a new program called the Safe Structures Program. (The program used to be called LIAP: Limited Immunity Amnesty Program.) This program lets property owners who have unpermitted housing structures work with County officials to add health, habitability,…
