What the national housing headline misses locally

What the National Housing Headline Misses Locally New Listing 71 List Price Decrease 23 Changed to Pending 24 Contingent Sale 23 Homes Sold 33 (cancelled/expired) 8 Today’s 30 Year Interest 6.45% 10 Year Treasury 4.33% Buyers Cancelled Escrow 1 🔗 Check out all last week’s new listings here A lot of

Santa Cruz County: Real Estate Update

The tides are changing in Santa Cruz County 🌊 This is the county overview, but what’s happening in your neighborhood may tell a very different story. Inventory, pricing, and buyer activity can shift from one area to the next. Every neighborhood has a different story. 🤙

Mortgage Rates Just Hit Their Lowest Level Since 2022 — What That Means for Buyers and Sellers

Recent data shows mortgage rates have drifted back toward the high-5% range — the lowest levels we’ve seen since 2022.  While that may sound like a small shift, in real estate, small rate movements can  have a significant impact.  The Real-World Example On a $900,000 home purchase with 20% down:  To

Recent Google Trends data shows searches for “can’t sell house” have reached their highest level ever

Recent Google Trends data shows searches for “can’t sell house” have reached their highest level ever.  That headline sounds alarming — but the reality is more strategic than emotional.  Sellers aren’t failing.  They’re navigating a market that has shifted.    The 2023 Expectation Trap  Many homeown