California Real Estate News

The Santa Cruz Sentinel reports on the all-time lows that Santa Cruz County is facing for home sales this season.  Yet on the same note, real estate agents are flooding the market trying to divide up pieces of a smaller pie.  And even though home sales are at all-time lows, the value of properties in the area is skyrocketing! 

"There’s a huge impact," said Dan Sedenquist, president of the Santa Cruz County Association of Realtors... "We’re at our all-time high as far as membership now. It’s a smallish pie that’s being very finely divided. There are certainly more people chasing (sales) than I’ve ever seen."   more »