The Santa Cruz County housing market has been a bit of a roller coaster lately. After trending down slightly in April and May the market did an about-face and headed back in the direction it has been going predominantly. That would be up, up, up in case any of you are wondering.
Fed up is what many people are as a result. Frustration with Santa Cruz County’s housing market surged in 2018. The ongoing housing shortage has impacted nearly everyone, from fast-food workers to tech employees, all across the Bay Area.
As summer officially kicks off in Santa Cruz County, we say goodbye to the wild flowers and hello to warmer temperatures. But even though it might be heating up outside, there are still foggy days and plenty of cooling off opportunities...surfing, hanging out at the San Lorenzo River or enjoying a cold beer at one of our local breweries.
As we analyze the real estate statistics from May, it would seem that the market has found ways to keep cool too.
These 10 money- and time-saving steps can help you craft a winning bid.
Ah, the offer!
Cinematically speaking, this is the iconic moment — I’d forgive you if you imagined, say, putting a hand on your agent’s shoulder and whispering (in your best Vito Corleone) that you’re going to make them an offer they can’t refuse.
This time of year typically brings a busy home-buying and -selling season but its not shaping up to be as robust as many initially thought. We're pointing our fingers at rising mortgage rates, a new tax law, growing affordability problems among first-time buyers and - you guessed it - inventory constraints.
Is there a home maintenance project that’s been lingering on your to-do list for too long because you’re dreading the trip to the hardware or craft store? There are some projects you can tackle with items that are almost certainly already in your home.
Occasionally cleaning household appliances like stoves and refrigerators may seem obvious, but what about equipment that does the cleaning, like the dishwasher and washing machine? Give these often overlooked appliances a deep clean with the following tips before the holidays have them working overtime.
While everyone groggily emerged from the holidays and contemplated our gym memberships and awkward Christmas presents given to us by the dog (we know you had help wrapping the frisbee you gave us), nothing truly remarkable happened in local real estate in January, but there are still some things to take note of and think about for the year ahead.
There’s no more important time to work on your credit score than when you’re about to apply for a mortgage. Improving your credit can save you a ton of money – we’re talking about thousands of dollars over the life of the loan. Here are some of the actions you can take that will have a notable impact on your score.
Home inspection is an important part of the home sale process, both for buyers and sellers. In Santa Cruz County it is common to hire property, pest, septic, well, soil, roof and pool inspectors among others. When it’s time for you to hire an inspector, here are five things you should be thinking about:
Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys, dogs running around and chairs being shuffled around, it may be time for some DIY fixes.
Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid:
Even the most happy-go-lucky dogs and cats have some preferences about the spaces they occupy. If you want to keep you pet as happy and comfortable as possible, here are some things to take into consideration.
It can be tough out there for home buyers in today's market in Santa Cruz County and the greater Bay Area, but here are plenty of strategies and tips to take advantage of. Don't lose a home by making these common homebuying mistakes that all too many others have.
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.
Liz's Law of Real Estate Gravity states that what goes down must come up and what goes up must come down. Like Newton, I see the attraction between two objects with mass: buyers and sellers.
When Newton got walloped on the head by the apple he reasoned that there must be a "force" acting on the apple to cause its acceleration as it moves back toward the Earth. This force he called gravity.
Liz's Law of Real Estate Gravity holds that a market that swings greatly in one direction will eventually rebound in the other.
I absolutely love oysters and cilantro while others thinks they are sea boogers and taste like soap respectively.
Your house might be gorgeous. Perhaps it is immaculately clean, freshly painted and stylishly decorated to suit your tastes or maybe outfitted with the highest quality materials and smart home technology. Maybe its all of these things. Unless you're one in a couple thousand, sorry to break the news, your home is not "staged."
SANTA CRUZ - Many homebuyers are not aware of a little known rule that can save money for homeowners who are selling their home and buying another. There are many reasons that keep homeowners from selling their home and buying a different home. One of them is that their property taxes are likely to go up significantly.
Zestimates. Ugh. Have you heard of them? These are Zillow’s estimated market values for homes around the country. The numbers are computed using a proprietary formula based on data, not human touch, vision, interaction, etc. It is not an appraisal, but a starting point for determining a home’s value for many consumers. Unfortunately, many homeowners believe these values are accurate. In reality Zestimates are about as accurate as a blind camel playing darts and are typically off by 8% - 24%.
We all know that searching for and viewing potential homes is the fun part of the home-buying process. The not-so-fun part? The mortgage.
But if you don’t pay attention to the details, your mortgage can end up dragging down the enjoyment of your new home and cause some major regrets. Here are a few mistakes to avoid to ensure that you love your mortgage terms as much as your hew home.
Autumn was in full swing in October, but activity in the Santa Cruz County housing market stayed at summer-like levels.
A median price of $867,000 for existing single family homes in October was two percent higher than in September and a staggering nine percent higher than October last year when the median was $794,950.
When it comes to purchasing a home, there is an endless amount to take into consideration before finding "the one". Often, homebuyers are forced to compromise and typically do not get everything on their wish list.