Scotts Valley SLV Real Estate Market Heating Up
With the news full of doom and gloom for the Bay Area real estate market late last year, many were thinking that we had seen the last hurrah and experts were saying that the real estate market peaked sometime in the second quarter of 2018 and that we were in for a...
2018 Scotts Valley Real Estate Market in Review and Predictions for 2019
Click to listen to this 30 minute Podcast that discusses this article and graph below The 2018 Scotts Valley real estate market started off slow with the 2nd lowest amount of listings in January being 16, and the lowest amount of sales at 11 and closings at 8. No...
Scotts Valley Real Estate Market Update Heading Into Thanksgiving and the Holidays
As we head into Thanksgiving week, this weekend's Open House activity was noticeably more active than we have seen in a few weeks. Very noticeable. I had 3 Scotts Valley open houses each day with all being homes under $900,000 and each had a fair amount of activity...
Scotts Valley Real Estate Market Report: More Inventory, Longer DOM, Slight Upwards Tick in Sales and Still Active Among Locals
As the Scotts Valley real estate market continues its cooling off compared to earlier this year and versus the past couple of years, there are some signs that this area could be experiencing more of a correction than housing market tumble. In many ways, the market...
Scotts Valley Area Home Average Price Up $180,142 in One Year, Days on Market Plunges by 56.8%
FYI: The comparisons being made in this report are from 01/01/2018 to 07/18/2018 versus the same dates in 2017. SINGLE FAMILY HOMES The Scotts Valley area real estate market kept its expected torrid pace as the average sales price for the first half of the year...
Neighborhood by Neighborhood Discussion of the Scotts Valley Real Estate Market
In this first edition of Real Estate Roundtable, REALTORS® Robert Aldana, Robert Cornejo, and Jonathan Rossi discuss the local market, price trends, and what to expect in each Scotts Valley neighborhood. To watch the ONE HOUR program, click on the following link and...
Avg SP Hits $1,057,269 for October Closings, Sales Up 30%
In what is predicted to be a strong 4th quarter, October closings hit an average sales price of $1,057,269 with an average list price to sales price ratio of 99.6% for single family homes. Condos and townhouses averaged $574,100 in sales price and averaged a list...
Scotts Valley Market Hotter than 2016 with Avg SP Close to $1M, Felton and Ben Lomond Following Trend Entering 4th Quarter
I always say that if you want to predict the future, take a look at the past. As the real estate market heated up right after the Super Bowl and through the end of May, only to see a slow-down in June all the way through August and into September, then see it heat up...
Sellers Not Always Obligated to Provide Termite Free House
Are sellers obligated to provide a termite-free property when selling a home? That is a question I get asked a LOT. When I started selling real estate in 1986, and for the first 20 or so years of my real estate career, home sellers were usually providing a termite...
Does It Make Sense to Pay Points When Obtaining a Mortgage? Do the Math
Should you pay points to your lender when buying or refinancing your home? As written by Robert Aldana for the Press Banner First of all, let’s discuss what a point is. A point is “pre-paid interest” you pay your lender that buys down your interest rate on your...
