Tag >> Santa Cruz Real Estate

Mar 28

Real Estate Investing: Risks VS Rewards

member364276 Published in Santa Cruz Real EstateCalifornia Economics by member364276 | Comment (0)

With limited knowledge that the real estate market has tanked over the last several years, you might be hesitant to pull the trigger to make what should be an excellent investment today. With some fortitude and patience, today is likely the best opportunity you’ll have in your lifetime to make a hefty profit from a real estate investment.

Generally, your

Mar 28

Real Estate Investing: Risks VS Rewards

member364276 Published in Santa Cruz Real EstateCalifornia Economics by member364276 | Comment (0)

With limited knowledge that the real estate market has tanked over the last several years, you might be hesitant to pull the trigger to make what should be an excellent investment today. With some fortitude and patience, today is likely the best opportunity you’ll have in your lifetime to make a hefty profit from a real estate investment.

Generally, your

Feb 19

Rising Rents Keep California Affordability Low

member364276 Published in Santa Cruz Real EstateSanta CruzReal Estate by member364276 | Comment (0)

A combination of rising rents and falling government aid for affordable housing has dealt a blow to California's lower-income residents, according to a new study. Nearly 1 million extremely-low-income California households lack affordable, habitable homes, a need most pronounced in Southern California, a report released Tuesday found.

The foreclosure crisis
Jan 14

2014 Will Be the Year to Sell Your Home!

member364276 Published in Santa Cruz Real EstateReal EstateCalifornia Economics by member364276 | Comment (0)

 

Patience seems to have paid off for those who’ve postponed putting their homes on the market until this year, real estate analysts say. They stand to pocket the kind of profits not seen since the housing boom.

Prices surged more than 10% in many markets last year, bidding wars are once again common, and homes are routinely going for well over the asking

Jan 09

Is Now a Good Time to Sell?

member364276 Published in Westside Santa Cruz Real EstateSanta Cruz Real EstateReal Estate by member364276 | Comment (0)



The housing market’s recovery has been shoring up the U.S. economy, but it is still challenging for homebuyers, according to real estate market trends tracked by a new survey conducted by real estate brokerage Redfin.


Now is an advantageous time to sell, say two-thirds (65 percent) of 468 Redfin agents surveyed in the fourth quarter. This is down from 72

Jan 03

Looking Into the 2014 Crystal Ball

member364276 Published in Santa Cruz Real Estate by member364276 | Comment (0)

 

Home prices got off dead center as early as February, and climbed like the California Screamin’ roller coaster ride at Disney California Adventure Park. Unpredicted price escalation took hold for the rest of the year.

 

Foreclosure filings took a steep fall. The market rumbled toward recovery, despite pinched inventory and hairpin turns.

 

Thanks to the

Dec 11

5 Positive Trends for Bay Area Real Estate in 2014

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

The good feelings generated by many swollen bank accounts in Silicon Valley's real estate industry should spread to more markets next year, while the Bay Area continues to reap the benefits of a strong local economy.

That was one takeaway from this year's presentation of Emerging Trends in Real Estate 2014, the closely watched survey of real estate

Nov 17

Your Local Real Estate Minute: How to Save Thousands on the Sale of Your Home

member364276 Published in Santa Cruz Real Estate by member364276 | Comment (0)

 
Below is a link to my most recent episode of "Your Local Real
Estate Minute" with 3 quick tips that could save you thousands of dollars
on the sale of your home:



 Your Tube Link: http://www.youtube.com/watch?v=bt7okPRpScI



Nov 14

Looking Into The Crystal Ball: Real Estate Trends for 2014

member364276 Published in Santa Cruz Real EstateSanta Cruz by member364276 | Comment (0)

 

If the real estate recovery is a baseball game, we're in the fourth or fifth inning.

 

So what will the rest of the game look like?

 

Experts from the Urban Land Institute unveiled their view of how the rest of the recovery will play out in their Emerging Trends in Real Estate report, released this week at the land use and planning nonprofit's annual

Nov 07

2014 Real Estate Forecast: Experts Give Their Opinions

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

Christopher Thornberg, economist and founder of Beacon Economics:

Christopher Thornberg

Christopher Thornberg

"Fundamentals are improved. Corporations are making money. Income is rising at a better pace. Real estate is starting to turn the corner," he said. "The biggest problem we have are with our leaders in Washingotn, D.C., who seem disparate to upset the apple cart at some

Oct 11

2014 California Real Estate Forecast: Larger Inventory, Higher Prices

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

It's not breaking news that the California housing market is heating up, but now the California Association of Realtors is confirming it on the record, predicting that the trend will continue upward into 2014.

 

In its latest forecast, CAR predicts primary home buyers will make a comeback after a period of tough competition with investors for what has been a

Aug 30

Bay Area Housing Hits a Peak in July

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

The Bay Area's housing market staged a breakthrough in July, reaching the highest level of sales for any month in nearly seven years, according to a report Thursday. The housing recovery has been bogged down by a lack of inventory. This month's report indicates that is no longer the case, as sellers respond to double-digit price increases.

 July's median

Aug 22

What You Can Expect From Housing In The Second Half of 2013

member364276 Published in Santa Cruz Real EstateCalifornia Economics by member364276 | Comment (0)

 

The U.S. housing recovery continues to make gains. New home sales have
surged 38% since last year, hitting a five-year high in June, according
to the newest figures from the Commerce Department. And despite a
monthly drop in activity, sales of previously owned homes remain 15% higher than last year as well, according to the National Association of

Aug 15

Southern California Home Market Cools Off, Prices Flaten

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 The red-hot Southern California housing market finally got a dose of cold water. 

 The region's median home price in July remained flat from a month earlier,
at $385,000, real estate firm DataQuick said Wednesday. The figures
followed a record-setting June, when the median price rose 4.6% over the
previous month and 28% year-over-year, the highest

Jul 23

Mortgage Rates: Where We've Been and Where We're Going

member364276 Published in Santa Cruz Real Estate by member364276 | Comment (0)

In 2012, the housing market got a boost from the long-term stability of mortgage rates. The Federal Reserve’s stimulus measures helped keep borrowing costs near record lows for much of last year, and through the first few months of 2012.

Low rates helped bring home buyers off the sidelines and into the market, driving home prices north across much of the

Jul 15

Foreclosure Inventory Hits Lowest Level Since 2006

member364276 Published in Santa Cruz Real Estate by member364276 | Comment (0)

While judicial foreclosure auctions jumped 34% between June 2012 and last month, national foreclosure activity decreased 14% in June from the previous month, down to its lowest level since December 2006, according to locally based
online foreclosure-data source RealtyTrac. The number of foreclosure filings decreased 19% from the previous six months and was

Jul 03

Real Estate Prices Spike 10.7% Nationally Year over Year

member364276 Published in Santa Cruz Real Estate by member364276 | Comment (0)

 Trulia, a leading online marketplace for home buyers, sellers, renters, and  real estate professionals, today released the latest findings from the  Trulia Price Monitor and the Trulia Rent Monitor. These indices are the  earliest leading indicators available of trends in home prices and  rents. Based on the for-sale homes and rentals listed on Trulia,
Jun 02

California Real Estate Forecast for Summer 2013

member364276 Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

Are you finally off the fence and doing a little home shopping? As the market heats up and sellers regain control, here are a couple of trends to consider.

Low mortgage rates

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently hovering near historic lows, at 3.78 percent. And while rates have crept up this past week, they're not going

Mar 07

Immigration Helps Strengthen US Housing Sector

member364276 Published in Santa Cruz Real EstateReal EstateCalifornia Economics by member364276 | Comment (0)

Increasing demand from new arrivals to the United States is helping to strengthen the housing sector, according to a new report from the Mortgage Bankers Association analyzing the effects of immigration on real estate market trends.

“Immigrants are an important and growing source of demand that has bolstered housing markets in recent decades,” Prof. Dowell

Feb 28

Bay Area Real Estate Prices Predicted to Surge

member364276 Published in Santa Cruz Real EstateSanta CruzReal Estate by member364276 | Comment (0)

Almost every corner of the Bay Area is poised for robust home-price  appreciation this year in a surge that will outpace projected national growth,  according to a forecast from real-estate information site Zillow.com.

Looking at 245 Bay Area ZIP codes, Zillow projects that 244 will see home  values ratchet up by significant margins in 2013, with 27 ZIPs

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