Santa Cruz County Market Update – October 2021
Key Thoughts and Questions About the Santa Cruz County Real Estate Market.
Santa Cruz County and the US have seen home prices soar over the past year and a half. This was due to several factors at play. But what does early 2022 hold for the real estate market? Let’s look at several aspects that may provide some clues.
In 2020, technology became even more of a necessity due to the pandemic. This past year, venture capital has exploded, with investments in California making up 65% of the US total. San Jose alone saw close to $19B pumped in. Tech employment has continued to generate solid numbers and has stayed strong from the end of last year through this year.