March 15, 2025

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Mortgage

Santa Cruz County housing market could see a fall jump with lower mortgage rates

Quick Take The local housing market stayed busy in July, despite some anomalies including high-end properties sitting on the market with little interest. And mortgage rates fell in early August, which is poised to bring more people into the market. Homes with the potential of developing an accessory dwelling unit (ADU) are expected to be

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Property

May 15 to July 31, 2024 – Shaw Local

Aurora James Casper to Shelly and Paul Villarreal, Residence at 2030 Ione Lane, Aurora, $475,000, July 3. Chad Tedrow to Bharath Kumar Chigullapally and Akhila Chittanur, Residence at 2564 Lambert Drive, Aurora, $526,000, July 8. Davonta Lewis to Victor M. Pelayo and Irma Pelayo, Residence at 2085 Lyndhurst Lane, Aurora, $445,000, July 15. Joliet Inga

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Funds

Ottawa waiting on FEMA funds for purchase, demolition of old YMCA – Shaw Local

While the city of Ottawa is pleased to have its brand new YMCA up and running so well, it hasn’t forgotten about its predecessor, the building that has served the community for many years and still is serving it. The old YMCA building located at 201 E. Jackson St. is in limited use, hosting on

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Property

Property transfers for Lee, Ogle and Whiteside counties for July 13-19 – Shaw Local

Lee County Warranty deeds Samantha Pretzsch to Michael Gigous and Emily Mammen, 217 W. South St., Franklin Grove, $119,900. Paul N. Shiaras and Jeannie M. Shiaras to Pamela R. Borla, 908 Sinnissippi Ave., Dixon, $140,000. Paul Rogers and Rebecca Shoemaker to Elijah W. Mihalik, 910 N. First St., Ashton, $172,500. Charles H. Austin to Jerad

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Loans

This week in Santa Cruz County business: Tech sector loans for local affordable housing, cannabis struggles and latest unemployment numbers

Quick Take In this week’s local business roundup, Jessica M. Pasko reports on $800,000 from the Monterey Bay Housing Trust for the downtown Santa Cruz library/affordable housing project, plus the sad state of the local cannabis industry, comings and goings and numbers to know. Each week, we’re taking a closer look at the movers and

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Property

June 17-30, 2024 – Shaw Local

The following property transfers were recorded June 17-30, 2024, at the Bureau County Recorder of Deeds’ office: June 17, 2024 Mark Pierson (decd) and Stephen Pierson (ex) to Dena Vicknair, executor deed, part of Section 19 in Princeton Township, $285,000. Jackie Cook to Nicholas Hanck, warranty deed, Lot 5 in Martin Subdivision in Ladd, $207,980.

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Investment

EY plans $1B investment to entice young accountants

Ernst & Young’s U.S. firm intends to invest $1 billion over the next three years in talent and technology to improve the attractiveness of the accounting profession for those in the early stages of their careers. The investment includes a large increase in compensation early in the careers of young professionals, along with funding for

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