2008-04-06T14:02:00.000-07:00

Home for Sale - Opal Cliff Drive, Capitola, California

2008-02-01T10:09:00.000-08:00

January 26, 2008

Boe Knows Real Estate
Your Questions from Real Estate Buyers, Sellers, & Agents
By Patti Boe
Santa Cruz Sentinel Advertorial

Wow – what a week! This year, the World Economic Forum in Davos, Switzerland actually will be about the world economy - which is not to say that there won’t be fun. The guys from Google – Sergey Brin and Larry Page – will host a dance party likely to be the biggest hit of the conference. This was a far cry from Tuesday afternoon when high anxiety pervaded even before the movers and shakers landed in town.
The Fed cut the rate 75 basis points, and the stock market still dropped. Locally, even Plantronics and Apple had a healthy profit from holiday sales, and their stocks still took a dive in the beginning of the week. Now, at the end of this very wild week – most markets are rebounding.
It is a wild mouse ride across the board for all world economies. On one side today (Jan. 25, 2008), reports from the BBC say US home sales are seeing 25-year lows, and the other extreme is China where growth hits a 13-year high. PC sales lift Microsoft profits; Wall Street recovers; General Dynamic profits rise.
The “Rich and Powerful” gather for the World Economic Forum (Jan. 23 – 27) that includes 2,500 people from 88 countries. They are here to discuss the most pressing issues of the day: the world economy, terrorism, and climate changes. The attendees include 27 heads of State, 113 Cabinet members, and over 1,000 CEO’s of the largest multinational companies. Founder and executive chairman of the Forum, Klaus Schwab, is leading talks regarding the US subprime mortgage crisis and the resulting fall-out that have dominated the economic climate of late.
Until the past few weeks, most European and Asian countries thought that US woes would not affect their economies with such impact, but it is very clear that even more than ever, we are all connected in this world today - in economics, in climate, and in humanitarian efforts. The “decoupling” notion being talked about in economic and governmental circles seems more unrealistic than ever.
It is amazing to me how our local businesses here and in Silicon Valley have such huge global impact. It is apparent when you review the talks in Davos. Bill Gates calls for “kind capitalism”. Google and Apple execs are influential players in the agenda. Also close to our turf is the role of banks in fueling a subprime lending crisis which broadened into a trans-Atlantic credit crisis and spurred a lack of confidence in global markets. These events are likely to raise questions about the need for better regulation of the entire world-wide financial system (see reports today as French bank Société Générale lost 7 billion dollars through fraud by one of its Paris based traders). Other attendees include Bono, Tony Blair, and Al Gore.

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Ocean ~ Harbor ~ Estuary Views in Moss Landing

2008-01-29T14:44:00.000-08:00

First Time EVER that anything has been for sale on Moss Landing Road! Historically, most properties here have been owned by only 2 families since 1969. This first property for sale is 70,000+ Sq. Ft. of flat land with over 6,000 Sq. Ft. of beautiful commercial – visitor serving – residentially zoned building. There are 2 buildings: one 4000+ Sq. Ft. with 2 baths, full kitchen, fireplace, 900 Sq. Ft. garage, 900 Sq. Ft. sunning deck; one 3200 Sq. Ft. building with 3 separate commercial uses, 2 handicapped access baths. Both are built with the highest quality materials and workmanship, fire-sprinklers, skylights, French doors, 2 rare antique archways, chandelier, built-in library, and other numerous amenities.

The construction is kiln dried redwood with floor and ceiling fir planks, foundation includes huge 20 foot piers and a termite clearance. There is sewer, utility water, and soon underground utility lines. This is finally a first opportunity for you to own a piece of history. This is a perfect location 20 minutes from Santa Cruz and 20 minutes from Monterey – Carmel for an oceanview hotel; an eco-adventure center featuring big wave surfing, estuary kayaking center, bird watching, world renowned commercial (Phil’s Fish Market) and sport fishing; or retail/residential /vacation-rental complex that includes beautifully landscaped gardens with loads of parking!

Please: Do not visit or disturb tenants. Email or call Patti for a private visit or more information on current or potential uses.

©1999-2008
Patti Boe SC Real Estate All
information is from sources deemed reliable but is not
guaranteed. Properties are subject to price changes,
corrections, errors, omissions or withdrawal by owners.

Santa Cruz Real Estate

Ocean ~ Harbor ~ Estuary Views in Moss Landing