Santa Cruz Real Estate

Found 842 blog entries about Santa Cruz Real Estate.


How to buy your first homeThe Santa Cruz real estate market is still simmering from its red-hot year in 2015. Prices remain high, inventory is low and the demand for homes is still remarkably high. So where does that leave first-time homebuyers? With rental prices at an all-time high, it may be time to ask yourself the tough questions. Are you ready to buy a home? Can you picture yourself spending the next few years here? Are you financially and mentally ready to commit? If you can honestly answer those questions with a yes, then you’re nearly halfway there.

1) Ask All Of The Questions

Ask your friends, family, coworkers, web forums, industry professionals, essentially everyone and anyone you can to find out more about things like financing, the buying process, home

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What Is A Second Mortgage & Why Would You Need It?

What are second mortgagesA second mortgage is essentially an additional loan that’s taken out on your home or property that’s already mortgaged. Homeowners choose to do this for a variety of reasons, but is always comes down to needing a large sum of money to pay for something, be it home renovations or expensive fixes to the property. Since mortgage rates tend to have a lower interest rate than other forms of credit, like credit cards and car loans, some people choose to consolidate their debts by using a second mortgage to pay off everything else.

Homeowners with good credit and have at least 20% equity in their current home can often receive a home equity line of credit. These interest rates tend to be fairly low.

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Parking can affect home prices in Santa CruzOut of all the prerequisites that are typically on a homebuyers ‘must-have’ list, parking is almost always a big priority. 

A recent study by Realtor.com recently discovered just how much people are paying for each additional parking space on average across the country, and the numbers are quite surprising. It also greatly depends on what kind of parking is being included, whether it be above ground, sheltered, built-in garage, on-street, or otherwise. Across the United States, most homes include two parking spaces, but can range anywhere upwards of that, for a premium. 

The study compared single-family homes for sale between January 1 and October 31 to get a sense of the average cost for each parking spot. What’s surprising was the 11.45% price

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Rental crunch has Santa Cruz city officials looking for new solutions.

There could be some new regulations coming from the Santa Cruz City Council in regards to secondary dwellings on your property. Often referred to as 'in-law suites", these detached homes are built with the intention of having somewhere for guests and extended family to stay when they visit, but many homeowners have discovered that they also make great income properties for short-term rentals too, like Airbnb. They're currently unregulated, but the city is considering changing that based on the current need for longer-term rentals.

The Council is concerned that these short-term rentals are leaving fewer and fewer options for long-term renters, like students and newcomers, which

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Where Are All The Homes For Sale In Santa Cruz?

Santa Cruz real estate market report, sept & oct 2015California Association Of REALTORS® Study Finds Alarming Trends

While 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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There are a lot of factors to consider when buying a home that go beyond the details of a listing. Is it close to great schools? What’s the crime rate like? Is there any recreation nearby? Questions about the community are something that real estate agents are asked every single day. A community with a homeowners association, for instance, can answer a lot of these questions just by the nature of their organization, but they aren’t for everybody. Here are a few of the pros and cons to help you decide if an HOA neighborhood is right for you.

Pros To Living In An HOA Community

Community Appearance and Exterior Aesthetics

Homes in an HOA community are required to abide by the standards set by the association. Everything from the number of cars in

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Find the perfect home office when looking at homes for sale in Santa Cruz

Here are some tips on how to setup your home office for success.

Residents of Santa Cruz are spending more time working from home than ever before. As technology has evolved over the years and job markets have shifted, homebuyers are in search of good home office spaces now more than ever. It's critical that if you're going to work from home, you establish a space that nurtures productivity and creativity. Here a few expert tips on how to set up the home office of your dreams.

Find the Perfect Home & Office

On our real estate quest, we're going to be doing double-duty by searching for your perfect all-in-one home and office. Something to look for when browsing the Santa Cruz listingsis a decently-sized den or room that includes an ample amount

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Whether you’re looking to rent or have been renting in Santa Cruz recently, it'll likely come as no surprise to you that rental prices have skyrocketed over the past few years. It comes down to the fundamental principles of economics. When demand is high and supply is low, prices will trend higher than usual. Unfortunately, this doesn’t bode well for students, seniors, singles, and small households.

Recent market statistics shows that in July, the median home price was $725,000, and around 44% of homes on the market were priced at over $1 million. On the bright side, that means somewhere in the remaining 56% of the market there are affordable homes—you just have to look for them!

Are You Student Looking To Rent In Santa Cruz? Consider Buying A Home

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Water restriction impact on home sellers

Since the mandatory urban water restrictions set by Governor Brown, in April, questions have arisen around real estate and what water restrictions means for home sellers.

Right now, the city of Santa Cruz has set mandatory water restrictions which have been in place since May 1, and are set at 64 gallons a day, and going beyond this could result in fines. There are also some guidelines set for homes that are going to market. Below are important notes and advice to help you understand what you can do to ensure a smooth home sale transaction.

Efficient Plumbing Upgrades

All residential homes in the city of Santa Cruz's water service area will need to be outfitted with high efficiency plumbing fixtures before they go on the market. This is a

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A Spotlight Feature Community:

Pasatiempo Golf Course homes

For those seeking a resort lifestyle every day of the year, there's no better way to enjoy such luxury than with Pasatiempo Golf Course homes. This acclaimed, pristine golf course and club features a course designed by world-renowned golf architect Alister MacKenzie, and US Women's Amateur Champion in 1921, Marion Hollins.

Residents of real estate at the desirable gated-community of Pasatiempo enjoy quality golf right outside the door, along with a host of other community amenities.

Search Pasatiempo homes, or read more about this premier course and what properties here have to offer buyers!

See Homes In Gated Community Of Pasatiempo:

 

Lauren Spencer Certified Audobon Cooperative Sanctuary

"The designation…
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