Found 3 blog entries tagged as real estate market.

Things are happening out in the world, and there is a lot of general reporting on the real estate market, but here I will talk about what I know which is the Santa Cruz County market. Currently, we are seeing very low inventory levels. Only 170 listings county wide and prices range from $10,000 million to $399,000 as you can imagine that equates to very few listings that fit the location and budget of the average buyer.

I had a conversation with a seller recently and I said, “you know what? We talked about your home going on in May, and I still stand by that right now.” It is still pouring rain. It's still snowing in some parts of our county, and it is slowing the market down or basically stopping it even more than Covid did. Sellers are holding back…

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The market's changing. I think it is important that when you're interviewing an agent you find an agent that really does know the market. When you are talking to an agent and you found them online and you found them like me online and you found their qualifications and you think, I'll interview them. They must know the market they are advertising themselves so they must know the market. I thought about it and I thought, you know, how do you really know if an agent understands the current market? I've heard agents say, well, “I've been doing this for 30 years.”  I can promise you that every market is completely different. They all have so many facets to them. I've been doing it 18 years. We've had some ups and downs all caused by a myriad of different…

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What is the "market" what is this indeterminate thing. I have likened it to a blob that oozes over everything, a cloud, maybe a Tsunami that slowly receded belying the danger it is really going to do. For Realtors we often say "it's the market" a saying to help explain the unexplainable. Why are houses not selling as fast as a month ago, why did that cute house never sell, why, why, why. Honestly being in real estate is being left babysitting a three year old who's only demand is "why". I am sure a toddler would accept the answer "it's the market." But we have to.

Every day, every realtor, buyer and seller wake up to a new market, especially our area of Santa Cruz, California which has found it's self in a tug of war with buyers from Los Angeles, San…

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