Friday, July 22, 2016

New Listing! Open House Saturday 7/23 & Sunday 7/24 1-4PM!

2285 Back Ranch Road, Santa Cruz, CA 95060
For Sale $4,000,000
For more photos and detailed information, please visit: www.2285BackRanch.com












 
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Amazing Ocean Views
Magnificent Pacific Ocean and Monterey Bay views from 42+ acres of great redwoods, large live oaks and sunny, grassy hillsides. On an 800 foot elevation ridge sits a 1,316 sq. ft. octagonal retreat, made totally of reclaimed virgin redwood. The artisanal home is built with post and beam details and expansive view windows. Two year round creeks bound both sides of the ridge. A perfect main home site with panoramic ocean and sunset views awaits your dream residence. The original 24x36 virgin redwood barn is for your horses and tractor; the warm, sunny exposure will accommodate a grape vineyard, an orchard and solar panels. On highly coveted and private Back Ranch Rd., and only 20 minutes from town. Enjoy the twinkle of Monterey Bay shoreline lights after dark, and the extreme solitude of quiet from the sounds of civilization (interrupted by occasional pounding surf). The parcel abuts Wilder Ranch State Park. Seller has interest in negotiating a life estate, and availing seller financing.

www.2285BackRanch.com

Features
Bedrooms:2
Bathrooms:2
Area:Bonny Doon
Style:Octagonal Artisan
Sq. Ft.:1,316
Lot Size:42.14 acres
Year Built:1986
Frank MurphyFrank Murphy e-Pro, ABR, CRS
Keller Williams Realty

Office:831-457-5550
Fax:831-401-2425
Email:FrankMurphyTeam@FrankMurphy.net
Website:www.LiveInSantaCruz.com
BRE License:#01014048
  

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Tuesday, July 12, 2016

America's 20 Hottest Real Estate Markets


Cicely Wedgeworth- Realtor.com

"Wow, it sure did get hot fast this year! Summer has barely unfurled, but the residential real estate market has already delivered the most blistering June in a decade, according to new data on inventory and user activity on realtor.com®. Homes for sale in June were moving off the market 2% more quickly than last year as prices continued to hit new record highs.

However, there were signs of a slight—we’ll repeat, a slight—slowdown in a handful of the nation’s hottest markets.

“In June, for the first time that I can recall, the hottest real estate markets saw inventory movement slow down, while the rest of the country saw inventory speed up,” says Jonathan Smoke, chief economist of realtor.com. “We’ve essentially seen how low the age of inventory can go.”
Still, Smoke points out, those markets remain in a league of their own, above the rest.

“It’s like saying the A students had their grades slip by a point, but everyone else’s grades moved up,” he says.

Smoke’s team projects that the median age of inventory nationwide for the full month of June will be 65 days—2% less than June 2015 but the same as May. One-third of the 300 medium to large markets surveyed saw a month-over-month decline in the days that homes spent on market—some of them with a percentage decline into the double digits.

The hottest markets, identified by the team as those with the most views per listing and the quickest inventory movement, had homes selling 20 to 38 days faster than the rest of the U.S. The median age in the hottest markets increased by an average of 1 day from May.

Continuing this spring’s trend, pent-up demand from buyers who weren’t able to purchase a home last year, combined with low inventory, pushed up prices and got homes to sell quickly. Very quickly.
For-sale housing inventory is increasing on a monthly basis as is typical of the season, but total inventory remains lower than one year ago. An estimated 525,000 new listings are expected to come onto the market by the end of the month—a 3% increase over May—but that number will fall short of quenching existing demand—as evidenced by the higher prices. Compared with June 2015, listing inventory fell 5%.

Meanwhile, the median home list price was $252,000, 8% higher than one year ago and 1% higher than last month. However, much of the effect of higher prices is being offset by mortgage rates that are the lowest we’ve seen in three years, Smoke notes.

This month’s hottest markets list is (again!) dominated by California, but it’s sharing the spotlight with eight other states represented (Texas, Colorado, Indiana, Ohio, Michigan, Washington, Massachusetts, and New Hampshire). Dallas and San Diego joined the top five club, and Grand Rapids, MI, and Los Angeles returned to the top 10. With Grand Rapids, Michigan has three markets in the top 20. These markets comprise the greater metropolitan area, so Dallas also includes Fort Worth and Arlington, and Detroit includes Warren and Dearborn.

Seasonality is definitely a factor in these rankings, Smoke says.

“This is a peak time for people to be buying vacation homes in Michigan, because the weather is perfect. California markets tend to be fairly consistent—we don’t see huge changes.”

“This is a peak time for people to be buying vacation homes in Michigan, because the weather is perfect. California markets tend to be fairly consistent—we don’t see huge changes.” 


Cicely Wedgeworth covers real estate, economic news, and home improvement at realtor.com. Cicely has worked at Yahoo, the Los Angeles Times, and Newsday. Her interests include architecture, design, gardening, and cooking."Wow, it sure did get hot fast this year! Summer has barely unfurled, but the residential real estate market is already delivering the most blistering June in a decade, according to new data on inventory and user activity on realtor.com®. Homes for sale in June are moving off the market 2% more quickly than last year as prices continue to hit new record highs.


NEW LISTING! Open House Thursday, July 14th 9:30am-12pm, Saturday, July 16th & Sunday, July 17th 1-4pm!


2175 Pine Flat Road, Santa Cruz, CA 95060
Available Soon $799,000
For more photos and detailed information, please visit: www.2175PineFlat.com
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Bonny Doon Gem
Offers, if any, reviewed Friday, 7/22 at 4PM.

Come home to this lovingly resurrected cabin with multiple outbuildings and easily utilized land. The original cabin was built in the '30's, then was ignored and misused until the current owners decided that they could make it a home. A woodworker's passion is in evidence here, from the locally cut tan oak t&g floors, to the board and batten siding on the house and sheds, to the delightful details at every turn. Seller has used the site for milling and kiln drying locally cut tan oak, then making it into hardwood flooring. Almost all of the parcel has been graded and is in use; access roads connecting each center of activity.  Horses & an arena could easily be legally accommodated.  The large master could function as a guest unit with it's French doors to the shaded deck. The quartz slabs complete the perfect kitchen, complementing the warm tan oak floors and maple cabinets. There is a spit of the parcel which ascends the hill, affording a "crows' nest" w/ ocean and sunset views. A GEM

Original fir floors combine with custom tan oak tongue & groove floors for luminous finishes. Tan oak flooring milled and kiln dried in site by seller.  Want these floors in your home, or interested in some of the 1,000's of board feet of redwood lumber on site, or maybe a massive redwood slab, we'll arrange an appointment to meet with the seller and discuss. Mill and flooring operation was onsite, now relocating. Several shipping containers incorporated into outbuildings with board & batten siding, redwood trim. Very tasteful and charming throughout.  A true mini-Ponderosa with room for horses, an arena, barns and enough space to turn a horse trailer around without backing up!  This home, outdoor living area and parcel really hits all the right notes. A mountain symphony!

www.2175PineFlat.com
Features
Bedrooms:2
Bathrooms:2
Area:Bonny Doon
Sq. Ft.:1,296
Lot Size:2.56 Acres
Year Built:1998
Frank MurphyFrank Murphy e-Pro, ABR, CRS
Keller Williams Realty

Office:831-457-5550
Fax:831-401-2425
Email:FrankMurphyTeam@FrankMurphy.net
Website:www.LiveInSantaCruz.com
BRE License:#01014048

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Friday, July 08, 2016

$50,000 Price Reduction!! Open House Saturday 7/9 and Sunday 7/10 1-4pm!


153 McLean Place, Santa Cruz, CA 95060
For Sale $899,000
For more photos and detailed information, please visit: www.153Mclean.com
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Beautiful Bonny Doon!
This cool horse property comes with a 3 bedroom home, including an office, a gourmet kitchen and great room, redwoods, and end of road privacy. The 60x100 foot arena with 2 stalls sits below the corral with 6 stalls, both areas fitted with sprinkler systems and power. The corral are also features a tack room and a hay storage shed with separate driveway for easy hay delivery. The perfect 12x12 tack room is waterproof and set up for organized storage. The main arena has commercial drainage, 3/4" drain sand for virtually instant draining. The corral & the arena are ready for use within 5 minutes of a deluge ending; there are no standing puddles or soggy areas!. There is terrific vehicle access to the corral, the arena, both hay storage buildings and, oh yes, the house. This is the one! The kitchen and baths have been updated; 3 of the decks overlook the arena and the redwoods. The upper floor master suite enjoys yet another private deck. Easy ride to Fall Creek State Park.
www.153Mclean.com
Features
Bedrooms:3
Bathrooms:2
Area:Bonny Doon
Sq. Ft.:2,546
Lot Size:1.282 Acres
Year Built:1979
Frank MurphyFrank Murphy e-Pro, ABR, CRS
Keller Williams Realty

Office:831-457-5550
Fax:831-401-2425
Email:FrankMurphyTeam@FrankMurphy.net
Website:www.LiveInSantaCruz.com
BRE License:#01014048

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Wednesday, May 25, 2016

NEW LISTING! Open Thursday, May 26th 9:30am-12pm, Sat & Sun, May 28-29 1-4pm!


153 McLean Place, Santa Cruz, CA 95060
For Sale $949,000
For more photos and detailed information, please visit: www.153Mclean.com
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Beautiful Bonny Doon!
This horse property comes with a 3 bedroom home, including an office, a gourmet kitchen and great room, redwoods, and end of road privacy. An arena sits below the corral with hay storage, 6 stalls, and a beautiful tack room. This is the one!

- 2,546 Square Feet on 1.282 Acres
- 3 Bedrooms / 2 Bathrooms
- Abundant Natural Light
- Slate Floors
- Fresh Paint
- New Leach Field
- Horse Arena
- Corral with Stalls & Hay Storage
- Tack Room
- End of the Road Privacy
- Offers Reviewed June 7th
www.153Mclean.com
Features
Bedrooms:3
Bathrooms:2
Area:Bonny Doon
Sq. Ft.:2,546
Lot Size:1.282 Acres
Year Built:1979
Frank MurphyFrank Murphy e-Pro, ABR, CRS
Keller Williams Realty

Office:831-457-5550
Fax:831-401-2425
Email:FrankMurphyTeam@FrankMurphy.net
Website:www.LiveInSantaCruz.com
BRE License:#01014048

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