Local Santa Cruz Real Estate Market Update: February 2020
Local Santa Cruz Real Estate Market Update: February 2020
I love this topic, the Local Santa Cruz County Real Estate Market Update and trends. I always get really excited to share and discuss. So please feel free to reach out to me to discuss how the Local Santa Cruz Real Estate Market Trends will affect your Santa Cruz real estate goals and dreams. (831) 588-2334 www.YourSantaCruzRealEstate.com
What’s happening with our local Santa Cruz County Real Estate Market Trends? We had a slow past 30 days in Sales, but everything is starting to pick up.
Hi I’m Shemeika Fox- Your Santa Cruz Real Estate Expert. We currently have 251 Active Santa Cruz Homes, including single family homes as well as Santa Cruz County condos and Santa Cruz County townhomes for sale right here in Santa Cruz County. This is considered relatively low housing inventory in the Santa Cruz Real Estate Market and though we do expect to see the number of Santa Cruz homes for sale increase as we head into the Spring right now our Santa Cruz housing inventory is low.
With the low Santa Cruz housing inventory as well as historically low mortgage interest rates our Santa Cruz real estate market is hot and Santa Cruz homes for sale are in high demand. Right now some Santa Cruz listings are seeing multiple offers and even bidding wars. I have been selling real estate right here in Santa Cruz County for 15 years.. And this cycle of the Santa Cruz Real Estate Market tends to be a great time for Santa Cruz Home Sellers. As the lack of Santa Cruz Housing inventory tends to drive the competition amongst Santa Cruz Home Buyers.
That said, with the historically low mortgage interest rates Santa Cruz buyers can tend to afford more home than they otherwise would be able to if the mortgage rates were higher. Santa Cruz Home Buyers should take the necessary steps to get their finances in order and get pre-approved. I know this can be a daunting step, but information is power and obtaining a pre-approval early in the game may be the difference in getting the Santa Cruz home of your dreams, or missing out on your Santa Cruz dream home. If you would like assistance in this step of the Santa Crus home buying process, let me know.
I would be happy to walk you through the process and set you up with a Santa Cruz lender that can assist you with step.. Here is the snap shot of the pending and sold Santa Cruz County homes. There are currently 138 Santa Cruz County homes, both Single Family and townhouses that are Pending and 137 Santa Cruz single family homes as well as Santa Cruz condos and Santa Cruz townhomes that have actually sold since the first of the year. I hope you find this Local Santa Cruz Real Estate Market Update: February 2020 helpful. As always, reach out to me if you have any questions or would like to schedule a complimentary and confidential consultation. I’m Shemeika Fox, your Santa Cruz real estate expert, and I am here to help!
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