The Santa Cruz Real Estate Report for September & October 2015
Posted by Lauren Spencer on
Where Are All The Homes For Sale In Santa Cruz?
California Association Of REALTORS® Study Finds Alarming TrendsWhile home prices continue to rise, homeowners who were once thinking about capitalizing on the value of their home are reconsidering the idea. A study from the California Association of REALTORS® found that more than one-third of California homeowners have thought about selling their home in the past year in an attempt to cash in on the boom, but a majority of them weren't able to afford another home if they sold the one they had. In addition to the affordability crunch, the higher property taxes are another factor that's keeping residents in their current homes.
In the first quarter of 2012, when housing in California was the most…
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