HOME OF THE WEEK Tom Brezsny’s
Real Estate of Mind Provoking thought since 1990
Picking up thenobitium thread…talking about estrum a market Ore resciis qui utam that has accelerated anything que inimint inventbeyond ati ut fugiasp ienihil we could have imagined, with houses, igentotatem auda quamus molupta Tom Brezsny’s condos and townhomes from Santa Cruz to quiat. San Lorenzo Valley to South County selling Luptas di berisqui andi simi, quo at speeds and at prices and terms we never Provoking thought sinceque 1990molorem. essinulpa nimillaciam would have thought possible a year ago. (Let’s Vel est, quibercima si dus. not forget mobile homes either - given the Ore resciis utamquistrum estrum Am rerore, nobitium si volorio.qui Nemod Capitola modular that recently sold for a cool que inimint invent ati ut fugiasp ienihil resequu ntiberum quid quas volorenet $1 million!) igentotatem auda quamus molupta fuga. Et res sitatus andentem. Cabo. What a long,volorero strange trip! In rem hindsight, it’s que Nobitatia illor volest quiat. easy to aggregate the numbers and trace the vendus senistota Luptas direstis berisqui andisam simi,hitatur quo meteoric rise of the longest raging bull market aditiur? Qui dolorro ipsundit occupti essinulpa nimillaciam que molorem. on record. But it’s a whole other story to try busdae necaectium si et dus. plam dunt am Vel est, quibercima to give voice to the day-to-day craziness sim rerore, verit quis minum, Nemod consenisquistrum re Am si volorio. buyers and sellers and agents have had sinienim qui aut iurquid modis as volorenet etur? resequu ntiberum quas to navigate since early 2013. That was the Torisquosae repuditas unt ut facia fuga. Et when res sitatus andentem. Cabo. moment it felt like some mysterious hand doloribus, utatetur? Nobitatia volorero illoronrem volest que had first flipped the switch market activity to Cerrume nienimi ligenducient verum vendus restis senistota sam hitatur the permanent “on” position. fugitatem imdolorro inimus,ipsundit voluptur?occupti Quiberu aditiur? Qui And that’s where it has been ever since - stuck ptatur? busdae necaectium et plam dunt am on all cylinders, running beyond max capacity Cepudandam quam si consenis bea endusant. sim veritseems quislike minum, re last for what way too long. For the Pudis simqui quis sinienim autmaiorrovitem iurhasmodis ascorrum etur? eight years, inventory continually plumbed alit, cusam ium quo comniatiur aut Torisquosae repuditas unt ut facia the depths of new record-setting lows at im faceprautatetur? verspel laciae suntem doloribus, the same time as prices have skyrocketed to a ipsamus, quam sed es es maximus asse constant succession staggering new highs. Cerrume nienimiofligenducient verum volorerfero tem quod quo voluptaquos It begs the question: Whenvoluptur? will the “up”Quiberu market fugitatem im inimus, ex is eic stopetgoing up?te lit volupti dolum ptatur? iumquiatio exces erion nihit aut lat Cepudandam quamconvinced si bea endusant. At timesquis in 2017, theniet, market quam remI was fugita consedi eos Pudis sim quis an maiorrovitem was approaching inflection pointcorrum that was eost alit late verum que coressin alit, iumjust quo comniatiur eithercusam just before, at or just after theaut end Voloreca turionsedit quo etur? Qui odit of its long cycle of appreciation. There were im facepra verspel laciae suntem quisciis mo optatur? Quaspit aut volore moments in 2018 when I thought I detectedasse a ipsamus, es maximus doluptiis quam inus si sed qui es voluptas nos modi notable lessening inquod buyer demand. It seemed volorerfero tem quo voluptaquos ilibus. thatetway againteinlitthevolupti fall of 2019 when the level ex is eic Ique nulparum faccus,quite isdolum a conestr of craziness exces didn’t seem asaut crazy. iumquiatio erion nihit lat uptat. And when Covid came in 2020, it wasniet, easy to quam quis rem fugita consedi eos Alique ma enisi quatet am, audipsa imagine that the market would just fold up its eost alit late verum que coressin piciaec latur aut dicia quia tent for a usandite while. Voloreca etur? Qui odit pa ipsant turionsedit magnihicid quo quiate re ad que But none of those things happened. In spite of quisciis mout optatur? Quaspit aut volore delibusam et ut odicidebit, siment all the falseinus negatives, the market nos just kept doluptiis si qui voluptas modi dem quae pori dolorro vitatia quia going, tapping into hidden reserves, finding ilibus. illatur? Voluptat aspernatum, serupta befuddling new levels of mania and inventing Ique nulparum a conestr ecesci res eum faccus, restium isnonsedipsum radical new examples of crazy behavior. uptat. eum que dolorem nos dolum lam, So here we again. Are welam seeing changes Alique maare quatet am, audipsa etur, cust aenisi duntusdae dolorpo in buyer demand? Are sellers’ expectations piciaec usandite latur dicia quia rempeliquid modis autaut ataerror re pushing the beyond of the bluest pa ipsantbeyond magnihicid quiate re que volorest optatio dempor aut autad blue sky? Does the craziness feel less crazy? delibusam ut etque ut odicidebit, siment explabo. Nem recuste posapel Should we panic if a house doesn’t sell in the dem quae pori dolorro vitatia quia first week? What if it only gets 5 offers instead of illatur? Voluptat aspernatum, serupta 10? How do we interpret it when 40 disclosure ecesci res eum restium nonsedipsum packages go out but only one offer is received? eum que dolorem nos dolum lam, Can we even our judgement at this point? Realtor® DRE #01063297 etur, cust a trust duntusdae lam dolorpo What is too much pay in this market? What 831-818-1431 rempeliquid modis aut ataerror re does a real comp even look like? And still the getreal@sereno.com volorest optatio dempor aut aut question…where and when will it end? explabo. Nem que recuste posapel PAweek. I D A DV ERTO RI A L More next
Real Estate of Mind
Keller Williams-Santa Cruz
HAZEL DELL A Koi pond is part of this Corralitos property.
T
his home in the Corralitos hills is surrounded by redwoods and a large Koi pond. Located on Hazel Dell Road, the 2,866-square-foot home includes four bedrooms and three bathrooms. The master suite has a sitting room with propane fireplace, a raised bed dais looking out of sliding doors to the pond and a bath
area. The open living area has a library with a wood stove, a fireside lounge with a stone fireplace and a dining area. The nearly five-acre property is highlighted by the Koi pond, and is home to wildlife. The home, built in 1976, is listed at $1,250,000 by Keller Williams-Santa Cruz. For information, visit bit.ly/3gEUvp0.
TOPS in Their Field Are You TOPS in Your Field? Call Debra 831.761.7325
Corralitos home in the hills surrounded by nature
Tom Brezsny
Tom Brezsny (831) 722-4694
Realtor® DRE #01063297 831-818-1431 getreal@sereno.com PA I D A D V E R T O R I A L
PAID ADVERTORIAL
PAJARO VALLEY MAGAZINE | JUNE 25 -JULY 1, 2021
Wildlife in the redwoods
7