Santa Cruz County Prices and Sales 
There are currently 3 blog entries related to this category.
Does Your Santa Cruz Real Estate Team Know What They’re Doing?
Wednesday, March 17th, 2010 at 1:01am. 1 Views, 0 Comments.
If you’re thinking of buying Santa Cruz real estate, now is the time to take advantage of this buyer's market.
Back in the “good old days,” (a few years ago) it was easier to qualify for a loan, with one-page loan applications, stated incomes and “no doc” (no documentation, meaning nothing had to be proven) loans. There were amazing loan programs, like 125% loan on the purchase price with no down payment.
Now, buying Santa Cruz real estate is more burdensome. No more “no doc” loans; lenders want every piece of documentation you can come up with. So then, why is it the best time to buy? And what does this have to do with your real estate team?
Although the current loan situation isn't ideal, it’s worth the effort to find a home you can afford. Here are two…
Pending Home Sales on a Record Roll
Thursday, September 24th, 2009 at 2:34pm. 50 Views, 0 Comments.
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1. The index is at the highest level since June 2007 when it was 100.7.
Lawrence Yun, NAR chief economist, said the housing market momentum has clearly turned for the better. “The recovery is broad-based across many parts of the country. Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit,”…
