Mr. Seller... Did you wait too long? The real estate market has shifted in Watsonville, La Selva Beach and Corralitos

The real estate market has shifted in Watsonville, La Selva Beach and Corralitos and the proof is in the numbers.
Even though interest rates are still at historical lows, the buyers have seemed to slow down on buying - as evidenced in a higher inventory of homes for sale (even compared to last year).

So, what does that mean if you are a BUYER? If you were one of those buyers who was out-bidded during the buying frenzy of the summer, this is great news for you. You have a bit of room to breathe. The inventory is higher, giving you more options. And the interest rates are still so very low.

My advice for BUYERS: If you find the house you want… BUY IT!

What does this mean if you are a SELLER? Price your home right! Homes that are priced according to the market sell no matter if it is a Buyer’s Market or a Seller’s Market. Overpriced homes will sit and sit and sit. Then, a buyer who knows the property has been on the market for a while will make a lower offer. But, if you price it right at the beginning, your home will be one of those that sale. Notice the huge increase in the Days on Market. Pricing right the first time will greatly reduce the days your house will be on the market.

My advice for SELLERS: Price your home right the first time. Be aggressive in price reductions.

When you are ready to BUY a home, SELL a home, or INVEST in real estate, give me a call. I will help you save time, money and stress.

Stats from MLSListings, Zip Code 95076

Search Homes for Sale Santa Cruz, Aptos, Watsonville, La Selva Beach, North Monterey County and surrounding areas for FREE
Call or Text Me concerning information on BUYER REPRESENTATION SERVICES (No Cost to Buyer) 831-531-8183
Want to know your HOME'S VALUE?
Like Us on Facebook. Go to www.Facebook.com/terriwoodsrealestate
Sign up for FREE Market Insider Information per zip code 
 

Plant Your Winter Garden in Santa Cruz County including La Selva Beach

Fall is here.  And now is the time to plant your winter garden and take advantage of our Mediterranean climate in Santa Cruz County.  

There is an abundance of cool-weathered vegetables just waiting to be planted.

Step 1: A quick summer garden clean up is essential. This actually prepares the way for a healthy spring garden as well.  Rake up the rotting fruit, put the withering vines in the greenwaste bin, and throw down a new layer of mulch.  

Step 2: Pick winter vegetables (as opposed to summer vegetables). Snap peas, lettuce, beets, leeks, green onions, kale, chard, carrots, potatoes and some ideas.

Step 3: Give as much sun exposure as possible. Because the daylight is less in the winter, make sure that your garden is getting sun.  

Step 4: Be patient. Plants grow more slowly in the winter. Normally, our wet winter will take care of the watering. (Let's hope for a wet winter.)

For additional information on winter gardens in the Santa Cruz area, visit The Center for Agroecology and Sustainable Food Systems.  

Are you looking to buy a home, sell a home or invest in real estate in La Selva Beach, Aptos, Watsonville, Santa Cruz?  Contact me at 831-531-8183.

Search for homes in Santa Cruz and Monterey Counties here

Did you lose your home through foreclosure, short sale, or bankruptcy?

Did you lose your home through foreclosure, short sale or bankruptcy? 

There may be a pot of gold at the end of the rainbow.  The U.S. Department of Housing and Urban Development (HUD) recently announced the Back to Work – Extenuating Circumstances program, aimed to help people who have lost their home through foreclosure, short sale or bankruptcy.

 

SOMETHING GOOD!  Sometimes things just happen that are out of our control. Knowing that many homeowners were adversely affected during the economic situation, this program allows them an opportunity to get back to home ownership.  

The old requirements were that a buyer would have to wait a minimum of 36 months before being able to finance a home purchase.  However, with this new program, the “wait” time has been dramatically reduced to 12 months to those who qualify and meet HUD’s minimum eligibility requirements.

What should you do to find out if you qualify?

 

Contact me and I will send you the requirements.

 

This is still a GREAT time to buy.  Interest rates are still low.  

Take advantage of the market slow down and the great interest rates.

 

Click here to search for your next home in Santa Cruz, Aptos, Soquel, Capitola, Watsonville and surrounding areas..