Guest Columnist

Gena Rea Timmons is shown on the right. Aptos History Museum archives

2017 was a boring year for the financial markets. It seemed like every day last year the S&P 500 and NASDAQ creeped higher and higher. In fact, 2017 was one of the calmest year for the markets in decades. 2018 has started off a different story. After blasting off in January with the S&P 500 rising almost 6 percent, February and March have been met with large swings up and down, ending down 0.8 percent on a total return basis at the end of March. With this recent volatility, now is a good time to understand what is going on and how you might be affected.

What came first, the chicken or the egg? How about “when I want to buy a home, who do I see first, the realtor or the loan officer? These are deep philosophical questions that require an astute examination of perception versus reality. The perception for years has been to walk into a real estate office and start the process of buying a home. The reality is doing it this way is like walking onto a car lot and walking right up to a salesman and asking if he would sell you a car.

Spring is in the air and inventory is picking up. Since Jan. 1, 203 homes have come on the market across the county and 41 homes have been listed in Aptos. The highest new listing is 383 Beach Drive at $5,200,000. The lowest new listing is 1260 Trout Gulch Road at $599,000. The market snapshot as of March 9 shows 39 Active Listings in Aptos (34 SFR, 3 TH, 2 Condo).

We mentioned in our January article that many people were likely to be surprised that come tax filing time the refund that they have come to expect every year in the spring has evaporated, or worse yet, they now owe money to the IRS!

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I recently read that “According to a [2007] report by the A.C. Nielsen Company, parents spend only 39 minutes per week in meaningful conversation with their children.”

During the last week of January communities around the country conducted a federally-mandated point-in-time (PIT) count of their homeless populations.

The industrialization of Aptos as a lumber town and competition from new hotels in Santa Cruz, Capitola and Monterey, caused Spreckels to close his Aptos Hotel. In 1896, Spreckels tore down the Aptos Hotel and used the materials to build the factory and town of Spreckels near Salinas. He moved several whole buildings from Aptos to Spreckels.

Over the last few years the County has experienced significant flood events and damage that we are still working to repair. With climate change, severe events like these storm sets are expected to become more common as are the severity and length of droughts....