Santa Cruz County real estate review October 2019

Santa Cruz, Scotts Valley, Los Gatos Mountains & San Lorenzo Valley home prices AFFORDABLE HOMES NEAR THE SILICON VALLEY: Average single family home prices continue to range between $1 to $1.5 million across Santa Cruz County and the greater San Francisco Bay Area.    Many people who work in the Silicon Valley are delighted to discover…

Remodeled home for $325,000: 13550 Bear Creek Road #10

Graciously remodeled home features views of trees and a park like setting. Enjoy newer appliances, hardwood flooring, skylights, fixtures, roof,  central forced air gas heater, updated plumbing & electrical. Sitting high above the street affords a wonderful sense of privacy: it’s like living in a deluxe tree house. The open concept floor plan is presently…

Santa Cruz area Real Estate Market Report July 2019

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…

Santa Cruz & mountains Real Estate Market Report April 2019

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.  …

Santa Cruz real estate outlook 2019

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 real estate market update: year end 2018

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 mountains Real estate market update 3rd Quarter 2018

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…