Santa Cruz Real Estate Digest, Ed. 38
In This Month's Issue
With November elections just around the corner, this month's issue is devoted to informing you about local and statewide real estate related ballot measures that will you will see in the upcoming election.

California Real Estate Related Ballot Measures – 2018 November Elections

Santa Cruz County’s Ballot Measure H (2018)

New Relocation Assistance Fees if Santa Cruz Rent Control (Measure M) Fails?

Santa Cruz City's Ballot Measure M (2018) - the Santa Cruz Rent Control and Just Cause for Eviction Ballot Initiative
Real Estate Market Statistics

For Santa Cruz, Santa Clara, and Monterey

These reports contain average and median home prices, real estate market trends and statistics, information about mortgage rates and much more.

Housing Related Ballot Measures – California November 2018 Elections
Californians will be voting on more ballot propositions related to housing than ever before according to Ballotpedia’s catalog of housing-related ballot measures. There will be four housing related propositions on the statewide ballot alone. Read about Prop 1, 2, 5 and 10 in this article.
Santa Cruz County’s Ballot Measure H (2018)
In November, residents of Santa Cruz County will be voting on a new measure which will authorize the county to issue up to $140,000,000 in general obligation bonds. To fund these bonds, homeowners will be taxed at an estimated rate of $12.21 to $16.77 per $100,000 of assessed value. Read how these funds will be used, and the pros and cons of this measure in this article.
New Relocation Assistance Fees Even if Measure M Fails?
If Measure M, the Santa Cruz City Rent Control and Just Cause for Eviction ballot measure does not pass, new relocation assistance laws may still come into affect. Santa Cruz City has drafted an ordinance-amendment, creating a law that will require landlords to pay a relocation assistance fee to displaced tenants and tenants that must move because of “large” rent increases. Read about these changes, and where the City Council is in the decision making process in this article.
Christine's Corner - All About Measure M
Mesaure M , or the Santa Cruz Rent Control and Just Cause for Evication Ballot Measure will be on the November Ballot.

We've written numerous articles on the negative impact that this could have, not only to property owners, but to the entire community and housing market. Click the Photo Below to access these articles and learn more about Measure M.

If you have questions about Measure M, or what this measure would mean for you and your real estate, please don't hesitate to contact me at (831) 600-6550

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