old country road boulder creek mc dwyer realtor Column: MC Dwyer Columns Real Estate 

Mortgage Rates and Real Estate Cycles

By M.C. Dwyer By late August, mortgage interest rates were at their highest levels since the early 2000s. The latest bump upward in rates unfortunately disqualified more would-be first-time home buyers. Overnight, we went from expecting multiple offers on one of our more affordable listings, to being happy to get one offer to our seller at list price. Now more… Read More
real estate san lorenzo valley Column: MC Dwyer Columns Real Estate 

Real Estate Update | Water and Waste Treatment Systems in Trouble in Boulder Creek

By M.C. Dwyer For about the last 5 years, Big Basin Water Company (BBWC), which serves around 500-600 customers, has regularly run out of resources to operate properly. The company, owned by Jim and Shirley Moore, is the definition of a mom and pop outfit, complete with their son as Chief Operator. Sources including the Moores, say they fell behind… Read More
Column: MC Dwyer Columns Real Estate 

May Real Estate Update

By M.C. Dwyer Local average home prices are about 10-20% lower than a year ago, varying widely depending on location, price range, and condition. Softer prices are largely the result of fewer pandemic-motivated buyers as well as the impact of higher mortgage rates dampening buyers’ financial capacity. When looking at the chart below, remember some towns are so small that… Read More
Column: MC Dwyer Columns Real Estate Water 

New Septic Regulations Taking Effect July 2023

By M.C. Dwyer The Santa Cruz Association of REALTORS recently held an educational event about point-of-sale septic regulations taking effect in Santa Cruz County in July 2023. Mark Kinder of Affordable Septic, who’s installed thousands of systems, explained everything we need to know about septic system repair and the new regulations.     The State Water Resources Control Board oversees all California… Read More
Real estate san lorenzo valley Column: MC Dwyer Columns Real Estate 

Real Estate by the Numbers

By M.C. Dwyer 2022’s home price gains are getting erased as prices dropped compared to last January: around 10% in Santa Cruz County, 6% in Santa Clara County, and 13% in San Lorenzo Valley. Although the SLV figure isn’t statistically reliable because only 10 homes sold in January, it illustrates the trend. The Mercury News reports home prices across the… Read More
1200 Rebecca Dr Boulder Creek Column: MC Dwyer Columns Real Estate 

Bright Spots in the Real Estate Outlook

By M.C. Dwyer We Santa Cruz Mountains residents are still recovering from this winter’s brutal onslaught of back-to-back atmospheric river storms. We’ve been through evacuations, multiple road closures (some of which will last for years), fallen trees and branches, slides, floods, property and electronics damage*, intermittent loss of internet and cell phone coverage, and frequent/lengthy power outages across the County.… Read More
Santa Cruz County septic regulations LAMP Column: MC Dwyer Local News Real Estate 

Supervisors Amend Septic Regulations

By M.C. Dwyer Last month I discussed the Santa Cruz County Board of Supervisors’ (BOS) intent to pass potentially disastrous point-of-sale (POS) septic regulations as part of their answer to the state-mandated Local Area Management Plan (LAMP) for septic systems. The BOS’s plan as written was poised to add more pain and suffering to the CZU fire-damaged property owners who… Read More