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Derek Scranton, Realtor®

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Are Mortgage Rates Less Affordable Today Than In The Past?
Derek Scranton
  • Sep 22, 2021
  • 1 min

Are Mortgage Rates Less Affordable Today Than In The Past?

With the major lift in sales prices over the past year, it's easy to believe that homes have become less affordable. When placed in the...
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Major Cooling in the Santa Cruz Housing Market
Derek Scranton
  • Sep 21, 2021
  • 1 min

Major Cooling in the Santa Cruz Housing Market

For the 2nd month in a row, we're seeing the month-over-month median sale price for single family homes either decrease significantly or...
16 views1 comment
Big Months for Capitola & Soquel!
Derek Scranton
  • Aug 4, 2021
  • 1 min

Big Months for Capitola & Soquel!

If you were lucky enough to have purchased a home at the median price of $1.1mil in Capitola last July, there's a good chance that you...
15 views0 comments
Sold and Pending Homes Take a Nosedive!
Derek Scranton
  • Jul 14, 2021
  • 1 min

Sold and Pending Homes Take a Nosedive!

Although the number of homes for sale in the Santa Cruz area has been on the rise (greater than that of the past two years), the number...
21 views0 comments
Santa Cruz area homes values are starting to see some softening
Derek Scranton
  • Jul 7, 2021
  • 1 min

Santa Cruz area homes values are starting to see some softening

Although areas like Santa Cruz 95060 were still hitting record high median sales prices in June 2021 ($1,844,662, up 25.1% month over...
38 views0 comments
Santa Cruz Area Home Prices Continue To Soar!
Derek Scranton
  • May 5, 2021
  • 1 min

Santa Cruz Area Home Prices Continue To Soar!

Another solid month for sellers in the Santa Cruz market! Aptos is April's winner for the highest median sales price; a whopping...
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Here Comes the Inventory!
Derek Scranton
  • Apr 13, 2021
  • 1 min

Here Comes the Inventory!

Even though the amount of new listings is finally starting to pop-off, median home prices still continue soar! Month-to-data, most zip...
14 views0 comments
New Listings Spike as Home Prices Soar!
Derek Scranton
  • Apr 6, 2021
  • 1 min

New Listings Spike as Home Prices Soar!

March 2021 continued it's winning streak for sellers in the Santa Cruz area! Here are the stand-outs: Santa Cruz (95060) topped the...
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Hottest Sellers Market Ever.
Derek Scranton
  • Mar 19, 2021
  • 2 min

Hottest Sellers Market Ever.

Even with more supply (listings) coming-on this past week than that of past 2 years', buyers simply couldn't get enough.
9 views0 comments