santa cruz lifestyle: Santa Cruz Reports: Median Price for homes Set new record
- 09/12/07 06:40 AM
Patti @ www.santacruzrealestatehomes.com Median Price for Homes Sets New Record It is hard to believe isn't it? But read all of this to better understand the breakdown. The median price for Santa Cruz County single-family, re-sale homes rose 1.8% in August, a year-over-year gain of 3.8% and a new record. Does this mean home prices are rising? I don't think so. This is just a statistical anomaly brought on by the weakness in the lower-end of the market. Higher priced properties are a greater portion of all sales thereby skewing prices. The median price for condos rose 1.8% to $509,000, an annual loss of … (0 comments)
santa cruz lifestyle: Want a Santa Cruz home? Get credit scores up because lenders are NOW looking for quality now.
- 08/26/07 05:39 AM
Patti @ www.SantaCruzRealEstateHomes.com Q: I want to buy a Santa Cruz Home in the next 60 days. You asked me what my FICO scores are. I just found out that the score was below what you would have liked. My FICO scores are a little low, is there a way I can improve my scores very quickly? A: The first rule of maintaining and keeping a healthy FICO score of 720 or higher is NEVER BE LATE! Primarily any MORTGAGE PAYMENTS. I can't emphasize the point of how important it is to never be late on your mortgage payments. But it is not … (0 comments)
santa cruz lifestyle: Magazine names Santa Cruz one of the nation's best cities.
- 08/18/07 03:10 PM
Outside Magazine latest issue names Santa Cruz one of the nation's best cities. Santa Cruz Home owners once again have proof they live in one of the best towns in America. The upcoming issue of Outside magazine names Santa Cruz in its annual list of the most desirable places to live. The editors at Outside Magazine said they chose Santa Cruz for its mix of laid-back and cosmopolitan atmospheres. The story describes it as, "old-time hippie culture, complete with dread locked street urchins and lots of wheatgrass, blending with the Volvos and BMWs of the high-tech crowd". John Bradley, a senior editor for Outside Magazine, … (0 comments)
santa cruz lifestyle: How do vacation rentals work in Santa Cruz?
- 08/15/07 05:28 AM
Q. How do vacation rentals work in Santa Cruz? A. First of all this is a function of specific rules (ordinances) in City of Capitola and the lack of any rules in the City of Santa Cruz, and in Santa Cruz County areas. As for the City of Capitola, there are strict ordinances that govern daily/weekly/vacation rentals. (That is any time period less than 1 month or 30 days.) The property must be zoned commercial and in the Village, Downtown to be rented in this manner. Also, there is a 10% hotel tax (otherwise known as room tax or transient tax) due … (0 comments)
santa cruz lifestyle: Santa Cruz Monthly Real Estate Trends
- 08/10/07 12:34 PM
The following chart shows median and average price trends plus plus unit sales for single-family homes in Santa Cruz. The chart uses a 12-month moving average to eliminate any seasonal variation. The next chart is the same as above but uses a 3-month moving average. This smoothes out month-to-month variations yet shows seasonal variations. This chart shows the current inventory of homes for sale compared to the number that have sold. The following three charts show the same information for Santa Cruz condominiums.
For detailed information on Santa Cruz real estate, give me a call or send me an e-mail. If you prefer, you can … (1 comments)
santa cruz lifestyle: Santa Cruz Real Estate that weathers the drought
- 08/04/07 04:25 PM
By Patti Lyles www.SantaCruzRealEstateHomes.com There are some astronomical prices being paid right now for waterfront homes along the County of Santa Cruz. Despite some of the doom and gloom stories you read, waterfront homes continue to change hands quickly. Why is this? When "Location, location, location" means "Waterfront & Ocean Views", the sky's the limit. Santa Cruz Real Estate has just that. Waterfront Property Weathers the Santa Cruz Real Estate drought!!! It might not be a bargain, but waterfront property's a safe bet when it comes to real estate investments that pay off, even when the housing market isn't so hot. David R. … (2 comments)
santa cruz lifestyle: Am I in Santa Cruz or Heaven?
- 08/04/07 11:57 AM
Am I in Santa Cruz or Heaven? By Patti Lyles www.SantaCruzRealEstateHomes.com I shot this sometime last week, to make sure I never lose sight of why I passionately believe my Buyers are buying a little piece of heaven. As primarily a Buyers represntative I don't have to do much to entice prospects into the Santa Cruz real estate market. But sometimes I need a reminder too. Don't you? How can I complain? No matter what has happend or not happen in the world of Santa Cruz Real estate this week, I got to enjoy the sand , surf & non-pretentious environment. A lifestyle that no … (4 comments)
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