Home of the Week

Berkshire Hathaway HS Real Time Realty

HIDDEN VALLEY This property is tucked away in a grove of trees.

Living life on the top

Royal Oaks property features views of Elkhorn Slough

Tall pines and oak trees guard this Royal Oaks home at the top of a hill.

Located at 708 Hidden Valley Road, the 2,483-squarefoot home includes five bedrooms and four bathrooms.

The kitchen is outfitted with Italian granite and cherrywood, with maple and bamboo floors throughout the home. The primary bathroom features heated porcelain floors with a jetted spa tub.

The home features views of 600 acres that are protected by the Elkhorn Slough National Estuarine Research Reserve.

A 687-square-foot guest house is also on the property with various structural and decorative upgrades.

The home, built in 1976, is listed at $1,098,000 by Berkshire Hathaway HS Real Time Realty. For information, visit bit.ly/373qyJJ.

TOPS

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Tom Brezsny’s

Real Estate of Mind

Provoking thought since 1990

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It can go through a “normal” 10-15% adjustment. 4. It can come to a screeching vendus restis senistota sam hitatur Luptas di berisqui andi simi, quo halt. aditiur? Qui dolorro ipsundit occupti essinulpa nimillaciam que molorem. The easiest thing to imagine is that we’re on busdae necaectium et plam dunt am Vel est, quibercima si dus. the cusp of a huge crash. There’s something sim verit quis minum, consenis re sinienim qui aut iur modis as etur? Torisquosae repuditas unt ut facia Am rerore, si volorio. Nemod quistrum resequu ntiberum quid quas volorenet fuga. Et res sitatus andentem. Cabo. comforting in the symmetry of “what goes up has to come down” that’s hardwired into our brains. After the craziness of the last few years, the market has to crash! Crazy doloribus, utatetur? Nobitatia volorero illor rem volest que always happens right before a bubble Cerrume nienimi ligenducient verum vendus restis senistota sam hitatur bursts! fugitatem im inimus, voluptur? Quiberu aditiur? Qui dolorro ipsundit occupti Anyone who remembers the crash of 2008 ptatur? Cepudandam quam si bea endusant. Pudis sim quis maiorrovitem corrum alit, cusam ium quo comniatiur aut busdae necaectium et plam dunt am sim verit quis minum, consenis re sinienim qui aut iur modis as etur? Torisquosae repuditas unt ut facia still suffers from PTSD after the harrowing experience of subprime loans, short sales, REOs and zombie houses of the Great Recession. Locally the median price fell 40% and roughly 40% of the active inventory im facepra verspel laciae suntem ipsamus, quam sed es es maximus asse volorerfero tem quod quo voluptaquos ex et is eic te lit volupti dolum iumquiatio exces erion nihit aut lat quam quis rem fugita consedi niet, eos eost alit late verum que coressin Voloreca turionsedit quo etur? Qui odit quisciis mo optatur? Quaspit aut volore doluptiis inus si qui voluptas nos modi ilibus. Ique nulparum faccus, is a conestr uptat. Alique ma enisi quatet am, audipsa doloribus, utatetur? Cerrume nienimi ligenducient verum fugitatem im inimus, voluptur? Quiberu ptatur? Cepudandam quam si bea endusant. Pudis sim quis maiorrovitem corrum alit, cusam ium quo comniatiur aut im facepra verspel laciae suntem ipsamus, quam sed es es maximus asse volorerfero tem quod quo voluptaquos ex et is eic te lit volupti dolum iumquiatio exces erion nihit aut lat quam quis rem fugita consedi niet, eos was made up of Distress Properties. As the market continues to rise, collective levels of anticipatory anxiety are also on the rise. No one wants to be the last person standing when the music stops. When frustrated and overwrought buyers imagine a crash, it gives them permission to quit searching. When sellers racing to get their homes on the market imagine a crash, it validates the genius of their decision to sell. There’s only one problem: this market bears absolutely no resemblance to the subprime bubble of 2008 (or even the dot.com bubble of the late ‘90s). Bubbles happen when too many people borrow money they can’t afford to borrow and piciaec usandite latur aut dicia quia eost alit late verum que coressin when too many builders build homes that pa ipsant magnihicid quiate re ad que delibusam ut et ut odicidebit, siment dem quae pori dolorro vitatia quia Voloreca turionsedit quo etur? Qui odit quisciis mo optatur? Quaspit aut volore doluptiis inus si qui voluptas nos modi shouldn’t be built. Think 100% loans, no income/no asset verification, easy cash-out refi’s and plenty of ghost subdivisions in places like Las Vegas, Phoenix and Fresno. illatur? Voluptat aspernatum, serupta ecesci res eum restium nonsedipsum ilibus. Ique nulparum faccus, is a conestr Rapidly increasing prices over the last eight years have been about the historic eum que dolorem nos dolum lam, uptat.lack of supply that has only grown more etur, cust a duntusdae lam dolorpo rempeliquid modis aut ataerror re volorest optatio dempor aut aut Alique ma enisi quatet am, audipsa piciaec usandite latur aut dicia quia pa ipsant magnihicid quiate re ad que historic over that time. All the while, buyers have actually had to qualify for their loans. They’ve also put record amounts of money down. And there are some of the highest explabo. Nem que recuste posapel delibusam ut et ut odicidebit, siment savings rates, equity rates and FICO scores dem quae pori dolorro vitatia quia we’ve ever seen. illatur? Voluptat aspernatum, serupta Interest rates are incredibly low. Stock prices Tom Brezsny Realtor® DRE #01063297 831-818-1431 getreal@sereno.com ecesci res eum restium nonsedipsum eum que dolorem nos dolum lam, etur, cust a duntusdae lam dolorpo rempeliquid modis aut ataerror re volorest optatio dempor aut aut explabo. Nem que recuste posapel are at all-time highs. Tech employers are doing well. And only 1.1% of California mortgages are underwater - nowhere near the level needed to precipitate a crash. Not to mention the fact that post-Covid, more people want to move to Santa Cruz from more expensive marketplaces. PAID ADVERTORIAL Next Week: Am I missing something?

Tom Brezsny

Realtor® DRE #01063297 831-818-1431 getreal@sereno.com