April 5th – An Important Date for Santa Cruz Homes for Sale
Posted by Lauren Spencer on
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…
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