Posted inHousing & Development

With thousands of new housing units on horizon, Santa Cruz looks to tackle looming parking squeeze

A statewide prohibition on parking minimums has placed cities like Santa Cruz in a tough spot as it prepares to permit thousands of new housing units over the next five years. This means more cars but not necessarily more places to fit them. Local lawmakers are now pushing for a way to mitigate what they worry will be a parking squeeze.

Posted inHousing & Development

Santa Cruz County housing picture ‘almost a buyer’s market’ as inventory, sales continue rising

Inventory and sales were up in both July over the previous month and over July 2024 as the busy summer for Santa Cruz County’s housing market continues. Realtors say the market is shifting more in favor of buyers, even if it hasn’t quite gotten there yet. They look ahead to the fall, which is typically slower, to better gauge the economy and see if the Federal Reserve makes any major moves.

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