Santa Cruz County’s housing market picked up slightly in October despite a slow start to the often-busy fall season, but very high interest rates remain the driving force of low inventory and slow sales. Real estate agents still believe rates will fall within the next year or so, but there’s no certainty about when that might be.
Housing
Posted inHousing & Development
Santa Cruz County housing market slows amid skyrocketing mortgage rates
Mortgage rates reached a new high in early October, leading to a slow start for the housing market’s typically busy fall season. Some buyers have pulled back, while others are paying below asking price, opening the door for some who have been beaten out by cash buyers in recent years.
Posted inOpinion from Community Voices
Homelessness 102: Santa Cruz County needs to spend more on emergency response
In the second of two pieces on homelessness, housing activist and former Santa Cruz mayor Don Lane breaks down the differences in the way the City of Santa Cruz thinks about housing people and how the county does. “The city puts much more emphasis on interim shelter,” he writes, “… and spends several million dollars per year here. I believe the county ought to match the city’s commitment.”
Posted inPolitics & Policy
Why tiny homes will remain part of California’s homelessness equation for years
Tiny homes are increasingly California cities’ shelter option of choice — but how far they go in solving homelessness is a contentious question.
Posted inPolitics & Policy
As county confronts housing crisis, even some homeless outreach workers are on the brink of becoming unhoused
More than 30 Santa Cruz County community members came to the 418 Project on Thursday to hear local city and law enforcement officials discuss positives and negatives surrounding the city and county’s housing crisis. The event also featured a screening of the Andrew Purchin documentary “What’s Home? Creative Listening Across Differences,” which explores the county’s housing crisis through collaborative art projects created among artists, writers, musicians and both housed and unhoused people, along with a song by local rap artist Alwa Gordon.
Posted inHousing & Development
Inside Santa Cruz’s ambitious downtown expansion plans: 12-story towers and a new multipurpose Warriors arena
A new arena for the Santa Cruz Warriors. Lots of new housing in tall buildings. Street reconfiguration. These factors are all in play as Santa Cruz officials prepare to update the public on where things stand with the neighborhood south of Laurel Street downtown — and a ballot measure governing building heights and affordability could yet change the calculus.
Posted inWatsonville / Pajaro
A new era for downtown Watsonville begins after unanimous city council vote
Watsonville’s city council unanimously voted Tuesday night to approve a new 30-year vision to reinvigorate the city’s downtown. The goal is to transform the area into a vibrant hub of culture and commerce, complete with bike lanes, pedestrian-friendly streets and opportunities for new development. That vision rests on a plan for Caltrans to reduce Main Street from four lanes to two.
Posted inPolitics & Policy
Petition to cap Santa Cruz building height has enough signatures to qualify for March ballot, organizers say
Organizers of a petition to give voters the power to approve tall buildings in the city of Santa Cruz say they have gathered enough signatures to place a measure on the March primary ballot. The initiative from the group known as Housing for People would require voter approval for proposed new developments that exceed current zoning limits and would enforce affordable housing requirements in large multi-family projects. The initiative comes in response to a downtown expansion plan that sparked controversy with its proposal for 12-story buildings.
Posted inHousing & Development
Can’t afford California? Try living in a tiny sleeping pod. All 4 feet of it
Two young entrepreneurs who themselves struggled to remain housed now run a company that aims to create affordable dwellings in California’s biggest cities.
Posted inEducation
How small is too small? UC Regents delay approval of new UCLA dorm, questioning room size
UCLA is planning a student housing project offering most rooms for just $600 a month — but just 265 square feet for three students. The University of California regents question if that’s too small and have delayed approval.
