Real Estate Archives - Page 2 of 6 - San Lorenzo Valley Post

Nesting Isn’t Just for the Birds!

April 10, 2024April 20, 2024 slvpost.comreal estate0 comment

By M.C. Dwyer Like the instinct that drives birds to nest each spring, many people feel some kind of internal drive kicking in this time of year, and the housing market is shaking off the cold of winter and coming back to life. Despite an average sales price of $2,000,000 (!), the pace of Santa Clara County home sales was… Read More

Column: MC Dwyer Columns Real Estate

Navigating the Real Estate Market

March 9, 2024March 17, 2024 slvpost.com0 comment

By M.C. Dwyer Although 30 year mortgage rates were in the mid to upper 6s in January, rates rose back to around 7% in February. Historically, 8% mortgage rates were not unusual, but home buyers got spoiled by the extraordinarily low mortgage rates available during the pandemic. Industry experts are betting that the Federal Reserve will lower their rates later… Read More

Columns Real Estate

Housing Market in Review

January 12, 2024February 1, 2024 slvpost.comreal estate0 comment

By Gina Carling The San Lorenzo Valley housing market was huge this past year! Over $206 million went into the pockets of SLV folks selling their homes. Yes, even with the dampening effect of rising interest rates, the market was active and buyers were buying. To be fair, currently buyers have the least amount of choices than they had all… Read More

Column: MC Dwyer Columns Real Estate

New Year Real Estate Outlook

December 11, 2023December 29, 2023 slvpost.com0 comment

By M.C. Dwyer After months of consecutive increases, 30 year mortgage rates peaked briefly at 8% recently. Over the past few weeks, a few economic indicators grew weaker, causing a bull market in bonds — essentially investors bet that the Federal Reserve may hold their rates steady. So, mortgage rates fell back down to about 7.4% at the time of… Read More

Column: MC Dwyer Columns Real Estate

Fall Trends in the Market | Real Estate

November 9, 2023November 30, 2023 slvpost.comboulder creek, real estate0 comment

By M.C. Dwyer Last week, the MLS numbers I watch showed a few new trends: the number of homes taken off the market was similar to the depths of previous holiday seasons. Encouragingly, about 20 homes sold compared to 30 new listings in the region I track (SLV, SV & SC): not too long ago there were far more new… Read More

Columns Real Estate

You Don’t Know What You Don’t Know | Real Estate

October 15, 2023October 29, 2023 slvpost.comreal estate0 comment

By M.C. Dwyer Or, in this story, what your agent doesn’t know. Recently I witnessed an unbelievable mishandling of the marketing for a rural property listing. The sellers had chosen a REALTOR from a nearby city to represent them. As the story unfolded, I learned that their successful agent had left for vacation (without telling their client), and let… Read More

old country road boulder creek mc dwyer realtor

Column: MC Dwyer Columns Real Estate

Mortgage Rates and Real Estate Cycles

September 15, 2023October 4, 2023 slvpost.com0 comment

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

Column: MC Dwyer Columns Real Estate

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

August 11, 2023September 28, 2023 slvpost.com0 comment

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

Local News Real Estate

County Launches Accessory Dwelling Unit Program

June 15, 2023June 26, 2023 slvpost.com0 comment

By Tom Andersen Good news for Santa Cruz Mountains homeowners. In May, the County of Santa Cruz announced a program to assist homeowners in the unincorporated areas of the county with the process of adding an Accessory Dwelling Unit (ADU) to their property. An ADU is a secondary, self-contained living unit with its own entrance, kitchen, bathroom, and bedroom, located… Read More

Column: MC Dwyer Columns Real Estate

May Real Estate Update

May 7, 2023September 28, 2023 slvpost.comreal estate0 comment

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