Category: California Real Estate Trends
Is now a bad time to buy in Santa Cruz County Real Estate Market?
First, your timing on buying a home can be variable or fixed. If it’s fixed, book your trusted advisor call with us so we can collaborate to create the best strategy for your home purchase. With a knowledgeable advisor who is a skillful communicator and a high-level negotiator, you can optimize your buying experience. If... Read More
Will the market drop in 2023?
Fannie Mae sure thinks so. They expect home prices to fall next year. As the Federal Reserve policymakers struggle with inflation, Fannie Mae’s predictions are: National home prices to decline by 1.5 percent in 2023, and home sales predicted to fall by 21 percent. While the fight to control inflation by tightening the monetary policy... Read More
Who Moved My Cheese?
“Will the housing market crash?” (Question asked more now than ever on Google) Read More
City of Capitola: Vacation Rentals Ordinance (November 2021)
The City of Capitola has been impacted by an increase in tourism along the Central Coast, and property owners are pursuing the opportunity to transition their homes into vacation rentals. Before jumping in, however, residents need to familiarize themselves with the City of Capitola’s rules and regulations regarding new and existing vacation homes. Read More
City of Santa Cruz: Vacation Rentals Ordinance (November 2021)
Due to the city’s growth in popularity over the years, investors and homeowners are looking to leverage their primary, secondary, and investment homes by renting them out to tourists. However, this increased popularity has led to more city regulations. Anyone considering turning their home into a vacation rental needs to keep the following information in mind. Read More
Santa Cruz County: Vacation Rentals Ordinance
More homeowners are interested in turning their properties into vacation rentals! Before venturing down this path, however, it is essential for people to understand what is permitted regarding vacation rentals in Santa Cruz County. Read More
Federal Flood Insurance Spikes, Affecting California Coastal Homeowners
On October 1, 2021, a historic recalculation of flood insurance premiums by the Federal Emergency Management Agency (FEMA) went into effect, according to a two-phase process. Read More
California Wildfires Contaminate Water Supply: Here’s What Homebuyers Need to Understand
Research revealed how wildfires could have a volatile impact on the health of residents in surrounding communities via the water supply. Read More
California Moratorium on Evictions Extended Until September 30, 2021
We recently wrote about the numerous moratoriums implemented by varying levels of government, including both federal and state agencies. The situation has continued to evolve, and governments are responding. Mostly recently, on June 28, 2021, California Governor Gavin Newsom signed legislation, AB 832, extending the state’s eviction moratorium through September 30, 2021 and providing debt relief for “Californians that have suffered economic hardship due to the pandemic.” Read More
A Closer Look at The Housing Inventory Crisis in California
So what makes the crisis so bad in California, specifically, if the whole country is experiencing a housing shortage? One writer at the Cato Institute — Michael Tanner — points to “government regulations that drive up the costs of production” in California. Read More