Santa Cruz Real Estate News & Information

Trends At a Glance Jun 2009 Previous Month Year-over Year
Median Price $522,258 $470,000 (+11.1%) $605,000 (-13.7%)
Average Price $571,824 $508,121 (+12.5%) $683,464 (-16.3%)
No. of Sales 183 139 (+31.7%) 154 (+18.8%)
Pending Properties 261 262 (-0.4%) 196 (+33.2%)
Active 741 746 (-0.7%) 1,271 (-41.7%)
Sale vs. List Price 97.8% 98.0% (-0.2%) 97.7% (+0.1%)
Days on Market 82 92 (-11.1%) 90 (-9.3%)
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Even if your Santa Cruz home is cramped for space and has a small yard, you can still get in on growing your own fresh foods for your family's table. The key to growing in small areas is to concentrate on 'must haves' rather than everything under the sun. Family staples like tomatoes take lots of space, but one or two plants can easily provide enough for a family of four all summer long with plenty left over for canning.

How Much is Enough?

Two square feet of dirt is enough to grow a single tomato plant. Most people have more than two square feet of ground somewhere around their Santa Cruz home.

Something that may be more difficult to find around your home is ground with enough direct sunlight.  Choose an area with plenty of exposure to the sun for

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There are many items you own that never move from the spot you placed them when you brought them home. Some of these objects are very large like televisions or cabinets. Other belongings are lighter but extremely delicate. Valuable items can either be very expensive or just full of sentimental value. How do you protect them from possible damage or loss during a move to your new Santa Cruz home?

• Beg, borrow, or buy bubble wrap. It protects your valuables better than just paper. However, when paper will do, go to news outlets and ask for old papers you can get either at a great discount or for free for wrapping.

• Use old carpet or moving pads to protect your furniture. Even if items are unlikely to break outside of a catastrophe, they can still get

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It can happen to even the best Santa Cruz home. It has great curb appeal and the interior shows well. So, why isn't it selling? 

Even if your home is the best home in the neighborhood, it can still end up languishing on the market as others around it sell. So, what can you do to get your home sold?

Check Your Price

Being over priced, even by a relatively small amount, is the most common reason homes don't sell.  The wrong price can prevent potential buyers from even looking at your home.  Keep your emotions out of the calculations.  Of course, you love your home and think it's very valuable.  But, you need to look at it as an impartial outsider.  Examine the facts and figures presented by your real estate agent, and take his or her expert advice. 

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If your Santa Cruz home has been sitting on the market for more than three weeks, it's already an "old property." Being an old property hurts sales because buyers looking in that community wonder what is wrong with your home that's keeping it from selling. Even in today's slower market, that holds true. It's human nature to think something must be wrong with an item that hasn't sold quickly. There are things you can do, however, to spruce up your home to make it more appealing and help it sell faster.

A second look from potential buyers can be a life-saver to you when selling your Santa Cruz home. If a previous looker was on the fence, just a few little changes might make them reconsider. Ask your real estate agent to share negative comments from

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You’ve finally decided you want to buy a piece of Santa Cruz real estate.  What do you do now?  Here are a few tips for getting the best deal for your money:

Check Out Your Credit

The first thing you’ll want to do is order a copy of your credit report from the three major credit bureaus:  Experian, TransUnion, and Equifax.  Look for inaccuracies in:

• Name
• Address
• Creditors
• Late payments
• Delinquencies

After you’ve reviewed your credit report and know your credit score, you’re ready to make improvements to your report, if your credit score is too low.  Send a written “Notice of Correction” to the credit bureaus.  It can be up to 200 words.  If needed, you can explain why you fell behind on a particular debt, and every time a lender accesses the

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There are many wonderful reasons to want a home of your own. Right now is an excellent time to pick up a great deal on Santa Cruz real estate. It's definitely a buyer's market where you can purchase homes at historically low prices. To be sure the time is right for you, answer a few simple questions for yourself:

Are you ready to stay put for more than three years?

If you move around a lot, have a job that sends you to different locales all the time, or just haven't found the area you want to settle down in, it can be a bad time to buy Santa Cruz real estate no matter how great the price. Selling a home and moving is much harder than just switching apartments or other rental units. However, if you are ready to settle in a spot for a number of years, the

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Making an offer on a piece of property is nerve wracking; especially if your offer is a little (or a lot) lower than the asking price. You can make your offer more appealing with a few simple additions that are good ways to cinch a Santa Cruz real estate deal.

Get Approved

It's easy to add a contingency to a bid that the offer is only valid when you get financing.  But that means you're keeping the seller waiting on pins and needles to find out if you qualify for financing. If your offer is low, the seller may be unwilling to accept the double whammy of a financial contingency and a low offer. Getting pre-approved for a loan is a much better incentive for a seller to accept a lower offer.

Increase Your Earnest Money

A larger amount of earnest money

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There are a few misconceptions about buying Santa Cruz real estate for sale by owner (FSBO). 

Seller Isn't Serious

Some buyers think that the seller isn’t serious about selling the house, that they’re just testing the market.  While this is true in some cases, most sellers will accept an offer that is close to the asking price at any time.

Sometimes Santa Cruz real estate for sale by owner will sit on the market for a while.  This may be because the owner is not open to negotiations on the sale price.  More often, it’s because the owner doesn’t have the experience showing homes to potential buyers that a real estate agent does.  A typical owner isn’t likely to have the time to properly market the house.  If there aren’t enough buyers looking at the

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