Santa Cruz County Prices and Sales 
There are currently 6 blog entries related to this category.
4 Reasons to List Your FSBO with a Santa Cruz Real Estate Agent
Friday, August 6th, 2010 at 1:01am. 12 Views, 0 Comments.
Going it alone and listing your home as for sale by owner can be exciting at first, but there is a turning point where the prospect of losing money makes it necessary to bring in help. Here are four reasons to change your plan and list your home with a Santa Cruz real estate agent in order to facilitate a sale.
1. Speed: If your property has been languishing on the market for more than three months, it is no longer fresh. People will avoid it simply because it hasn't sold. A Santa Cruz real estate agent can give your home wider exposure and get traffic moving through it again.
2. Knowledge: Fresh eyes on a project are helpful in any business endeavor. You can be too close to your home. You love it and see it in a positive light that can often overlook…
April 5th – An Important Date for Santa Cruz Homes for Sale
Saturday, April 10th, 2010 at 1:01am. 71 Views, 0 Comments.
April has a lot of important and semi-important dates in it. The tax deadline, Good Friday and Easter are just a few. What is April 5th, though, and what does it have to do with Santa Cruz homes for sale? Well, the biggest news is that the government has stepped into real estate and short sales.
Home sales are down nation-wide, despite the Obama administration’s efforts with the first-time buyer’s tax credit. Many homebuyers are waiting for a better interest rate or to see if home prices will drop more. Meanwhile, owners with Santa Cruz homes for sale are preparing for the spring selling season, without any idea whether they’ll actually be able to sell or not.
Part of the reason for this situation is because of the depreciated housing values. For instance,…
Santa Cruz Homes – Home Equity Is On the Rise!
Tuesday, March 23rd, 2010 at 1:01am. 56 Views, 0 Comments.
The news is everywhere – and it’s good! Those who own or want to own Santa Cruz homes can take a deep breath. Home equity is on the rise, according to a recent study by Zillow.com, an online real estate valuation researcher. And, Federal Reserve economists agree. Although home equity isn’t what it was three years ago, it’s on the rise.
The Fed’s most recent “flow of funds” survey indicates that the net equity of national homeowners grew by almost $1 trillion over the first three quarters of 2009, and rose further by $418 billion between June and September of last year. Compared to before the bubble popped, that’s really not that impressive. However, after three straight years of steadily dropping equities, it could signify the long awaited end of the…
Does Your Santa Cruz Real Estate Team Know What They’re Doing?
Wednesday, March 17th, 2010 at 1:01am. 52 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. 105 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,”…
