The real estate market in Santa Cruz has been on such an upward trajectory for the last 10 years that many have been wondering, "how much longer"?
Well, it's finally here: 2019 should be the year when things level out into a more balanced market.
However, as we'll see, some issues remain for buyers...
National Real Estate Projections for 2019
Rapid gains over the last 10 years have erased the losses of 2008. Now we're expecting to enter a cooler market in 2019, favoring buyers a little more than in the past.
However, "greater balance" shouldn't be interpreted to mean stagnation, or even a new status quo. First, prices are still expected to rise, just at a slower rate. And second, where this slowing down goes is still unknown - it could…
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