Panoramic Ocean View Residence

March 26th, 2017 | Residential Real Estate |

This ocean view could be yours!

Panoramic view of Dana Point! The blue Pacific is minutes away. This unit is ready for your creative touches. The living room and dining room have wall to wall view windows and French doors. There is a wonderful balcony where you can BBQ, relax and appreciate the panoramic view of the Pacific Ocean. Enjoy warm fires from the living room and master bedroom fireplaces while you gaze out at the Pacific Ocean. Large, open great room feel to the living room, dining room and kitchen. Even the kitchen has a view. Lots of storage in this spacious kitchen. There is a downstairs bedroom and bathroom. Upstairs is an over-sized master bedroom and master bathroom with a large, beautiful balcony and even better views. Your master bedroom walk-in closet is conveniently part of the master bathroom. Down the hall is another bedroom and bathroom. Below the unit is the community garage with two spaces for you and a multitude of cabinets for storage. The stairway down to the pool area is right there. The garage is securely locked at night as well as the entrance to the building. There is an elevator from the garage to the first floor. The Dana by the Sea condominiums were designed by architect Mark Singer. You will be impressed. The Homeowners Association is getting ready to embark on painting the complex. This will require the usual gathering of estimates and Board decisions but the process has started.  Send us an email for an appointment to see this residence.


October Sales Increase but the Median Price Decreases

November 6th, 2016 | Coastal Real Estate,Laguna Niguel,Orange County real estate,Residential Real Estate,South Orange County Schools |


School and Community Information Report

School and Community Information Report

Are you interested in living in Laguna Niguel?  Concerned about schools?  Good schools are important to any homeowner.  Even if you do not have children living with you, when you put your home on the market, your buyers may have children.  They will pay more for a home in a recognized school district.  You want to appeal to a wide range of buyers to get the best price for your home.  Click on this link to see the information from our title company, California Title.  School and Community Information

What are buyers paying for homes in Laguna Niguel?  Here is the information. The Median Price was $872,000.  This was down from September which is typical for this season.

Median Price was $872,000

The median price has fluctuated widely this year.  It dipped to $800,000 in February then jumped up, corrected slightly, then up again in September.  There were late summer closings.  For some reason, July was slower than normal which put pressure on August. People move during the summer and get ready for Fall and school.  Usually they close in July and move in August, but not this year.  So here we are!  Inventory is low and the Federal Reserve keeps hinting they will raise interest rates.  People who want to buy before interest rates increase are making offers.  And sellers are compromising on their prices.  They want to move.

Sales are up from September. Fifty-six homes sold up.  With the exception of August, this was the best sales month since June.

Sales increase in October

Sales increased in October to 56!

The best news for the sellers is the sales for October outnumbered the new listings.  Actually inventory is low.  If you are looking for the most expensive home listed in Laguna Niguel.  Take a look at 16 Morning Dove, an amazing home.

16 Morning Dove

16 Morning Dove

Awesome home!

Awesome home!

Would you like to see all of the pictures?  16 Morning Dove  This home has 11,000 square feet of residence and the lot is 129,000 square feet.  Enough room for your friends and family! (I hope.)

As the median price indicates, the typical price for a home in Laguna Niguel is much less.  In fact, half of the homes sold for less than $872,000 in October.  But if you need a mansion with an ocean view, you can find it here.

Take a look at all of the active listings and find one you like:

 Active Listings

I will finish the blog in day or two.

July Sales Increase but Inventory is also Increasing

August 14th, 2016 | Coastal Real Estate,Laguna Niguel,Orange County real estate,Palisades Home Sales,Residential Real Estate |
New Listings Exceed Demand

New Listings Exceed Demand

Each month this year more inventory has come on the market than buyers were able to absorb.  Now we have an excess of supply in the opinion of many sellers.  We have 4.2 months of inventory if sales continue to stay at July levels.  If sales decrease and more new inventory comes on the market, then the months of inventory will increase.  Usually sales do decrease in August and through the Fall until December.  We need to encourage our buyers.


Why should you buy now?  We are back in historically low interest rate territory.  Once you buy, the rent never increases again.  Fixed rate loans are inexpensive to obtain and can be paid off at any time but you have 30 years.  With some loans, you may want a 20 year window, others 15 years or shorter.  Whatever your interest rate is, for loans up to $1 million, the interest is tax deductible.  Your property taxes are also tax deductible.

When you increase your deductions, your tax rate decreases so there is even less income tax to pay.  While you cannot live in your savings account, you can transfer your money to a home investment and you get to live in your investment.  Plus, when you sell, the appreciation after all expenses and outstanding loan balances are repaid is tax-free up to $250,000 per individual.  There is no other investment like your own home.

Why choose Laguna Niguel?

What is not to like about Laguna Niguel?

This was caught in the lake

This was caught in the lake!

And the beautiful homes!  Look at 44 Asilomar, for instance.  It sold for about $3.4 million. If you have the credit or the cash,  31731 Isle Vista is on the market for $4,488,000.

31731 Isle Vista

31731 Isle Vista

Panoramic view

Panoramic view

This would be a home to enjoy!  Some lucky person will buy it.

How are the prices?

Median Price in July $865,000

Median Price in July $865,000.

The median price has dropped to $865,000.  This may be due to more sales in the lower price brackets.  When the volume of sales in the lower price bracket increase the property sold in the exact middle of all the sales will move downward.

Averaging all sales in the last 12 months, the average home takes 92 days to sell.  That is a very comfortable number. Usually a home is shown for 4 or 5 weeks then the negotiating can take a week and the lender 6 weeks to approve the application and fund the escrow. 92 days disappears quickly.

I have a document for anyone who is moving.  It is all about the last 7 weeks prior to a move.  Email me if you would like a copy.

July Sales Down from last year

July Sales Down from last year

As you can see from the Fast Stats chart, new inventory has increased from last year by 12% while sales have decreased 24%. One reason? Prices. The average sales price has increased even though the median has stabilized.  If you own a home priced at $900,000 or more, it may take longer to sell than if you priced it at $850,000.

Come enjoy the fun and live in Laguna Niguel!  Email me for an appointment to look at properties. I can connect you with an expert loan officer who will help you achieve your dream.  Today is the day.  Email me at now!

Ocean Close

                                                  Ocean Close


Would you like to see the entire report? Click on this link Report

June Sales Slow and New Inventory Increased

July 5th, 2016 | Coastal Real Estate,Housing Inventory,Laguna Niguel,Orange County real estate,Residential Real Estate |
Inventory Builds

                                                            Inventory Builds

This was not a good month for sellers.  Sales fell for a four month low (brown columns) while new listings increase (blue columns) and inventory continues to grow.  Fortunately with Brexit the interest rates fell and this will stimulate sales.  Buyers cannot expect a better environment.  They have more options than ever before with sellers feeling the competition.  There will be more negotiating unless a buyer falls in love with a home and the seller is firm on the price.  Take 27685 Manor Hill, for instance.  This home sold the first day for cash.  Both seller and buyer are happy!

Sold first day for cash

                                    Sold First Day for Cash

Would you like to see the full report? Click here: Market Report . You can choose either tab at the top to see the median prices or the new inventory vs sales numbers for the last 12 months.  If you scroll down and click on a month, then further down will appear all the addresses of homes that sold that month. If you click on an address, you will see more information and the MLS number of that home.

Have you seen 24582 La Hermosa?  This is a beautiful custom-built Spanish Colonial with panoramic views and a 1/2 acre lot.

This home is truly a grand home with Mediterranean styling, a warm feel and panoramic views.  Take a look at the virtual tour with the aerial photos.

24582 La Hermosa

                                                24582 La Hermosa

What is happening with the median price?

Median Price for June $895,000

Median Price for June $895,000. It was identical to the Median Asking Price!

We are usually close on the median asking price and the median sales price but never this close.  The buyers have not asked the sellers for much in the way of a discount.  Everyone seems to be on the same path with regard to sales.  Of course, the ones that did not sell are a different story.  Those prices are higher that the buyers were willing to pay for the most part.  As it is half of the buyers paid more than $895,000 and half paid less.  If your budget is at least $895,000, you could have bought any one of those houses beneath that price.

Why do people love Laguna Niguel?

31662 Isle Vista

Many homes have ocean views!

School and Community Information Report

School and Community Information Report – Impressive!

With 97 new homes on the market in June and only 51 sold, this could turn from a balanced market to a buyer’s market.  However, I wouldn’t wait.  If you find the home you want and can qualify with these low, low interest rates, you should negotiate and buy.

Take a look at the homes that are actively for sale right now- Active Homes  Then send me an email or give me a call to see the home and get pre-approved for the loan if you need one.

Don’t wait to be part of this beautiful city!

Let's enjoy a picnic or go fishing!

Let’s enjoy a picnic or go fishing!

Inventory is Building!

July 5th, 2016 | Coastal Real Estate,Laguna Niguel,Orange County real estate,Residential Real Estate |
Sellers have overwhelmed the market

Sellers have overwhelmed the market

As you can see from the graph, sellers have put their home on the market in such numbers, the buyers cannot keep up.  If you would like to see the full report in detail please click on Full Report. In May there were 93 new listings and 66 sales.  This was a repeat of previous months.  Right now there are 193 homes actively on the market in Laguna Niguel.  This is an exceptionally a good inventory for buyers to choose from.

Where are prices going? When the inventory climbs, buyers have choices and usually force sellers to lower prices.  Take a look!

Median Prices have fallen

Median Prices have fallen. As you can see the Sellers got a little too aggressive in pricing their properties in April.  They were hoping the buyers would accept considerably higher prices based on the March results.


Median Sales Price drops from $935,000 to $917,500 in one month

May 2nd, 2016 | Coastal Real Estate,Housing Inventory,Laguna Niguel,Orange County real estate,Residential Real Estate |

Look at the graph to see how the sellers are reacting to increased inventory.  This is the first month there has been such a drastic divergence in asking price from selling price.

Median Sales Price $917,500

Median Sales Price $917,500  Why were the sellers so willing to negotiate downward?  Look at the sales versus new inventory report.

Sold properties dropped

The number of sold properties dropped!  Look at the brown column. The new inventory (blue) has far outpaced the sales (brown) for the last four months.  Sellers feel the pressure and prefer to lower their prices rather than sit on the market.  With these low interest rates, you could expect more buyers to be out, but not yet.  April can be a sluggish market due to tax season.  Let’s hope this May duplicates the sales levels of a year ago.  We need several months of sales near or above 80 to absorb the current inventory.

Median Sales Price $865,000 - Days on Market 91

Median Sales Price $865,000 – Days on Market 91

This is a screen shot from the full report. If you would like to see the report, please click Full Report. You can chose the month and see each property that sold that month.  You can scroll down and click on the icon to the far right of the address to see the map of where the home is located. And then there is a link to see the details of that home and the pictures.  Have fun!  You can see what the buyers paid for each of the homes and how long it took that home to sell.

The Days on Market (DOM) is a very revealing number.  While the median number of days is 91, several properties took much, much longer. 32221 East Nine was on the market almost a year. The home with the shortest DOM was on the market for 24 days.  Take a look at each one, can you see why one sold quickly and the other took forever?

Would you like to see the active properties?  One of the nicest and most expensive ones?

Active Properties

31662 Isle Vista, Laguna Niguel

31662 Isle Vista

31662 Isle Vista!  What a view!

31662 Isle Vista - How beautiful!

31662 Isle Vista –  Wouldn’t you love to live there?

Living in Laguna Niguel is truly wonderful.  There are homes in many price ranges.  Now is the time to move.  You have the Pacific Ocean a few minutes away, excellent schools, shopping, restaurants, parks, and so much more.

What a view!

What a view!

Let's go fishing

Let’s go fishing  Laguna Niguel Regional Park


Would you like to go shopping? Shops at Mission Viejo

Would you like to go shopping? Shops at Mission Viejo    

There is so much more!  Please contact me if you would like to purchase a home in this area or sell one you own.  We have an excellent marketing plan.  Berkshire Hathaway HomeServices is an excellent worldwide brokerage firm.

Inventory is turning the market back from a seller’s market

April 13th, 2016 | Coastal Real Estate,Housing Inventory,Laguna Niguel,Orange County real estate,Residential Real Estate |
New Listings hit 81 in March

  New Listings hit 81 in March

New listings have struggled to bring balance to the market since last July.  Buyers were scooping up everything they could in most months and continually reducing the inventory.  Savy sellers were waiting for  prices to just get a little higher.  Now they have.  The selection is out there and the interest rates continue to be very low.  If you are thinking of waiting for more inventory and prices to de-escalate,  that may be unwise.

Go out now and look for the home you want or need now.  If you find it, negotiate for the price.  The longer term trend is upward.

What is the median price for March and what is this trend?

Median Prices are climbing

Median Prices are climbing!

This chart is dramatic because it highlights prices between $700,000 and $1,000,000 only.  Here we are, almost $1,000,000 for the median sold price.  The median price is the price in the exact middle of all of the sold properties for the month.  If you had $951,000 to spend, you could have bought half of the properties that actually sold last month.  That is a considerable amount of money to spend but in this area, people spend up to 60% of their income on their housing.

Living close to the coast in Orange County, California does cost more than other areas. The average home price for sale is $1.6 million and the median home price is $1.2 million.  You can see the sellers are expecting to get more for their homes than in the past.

Median Price was $951,000

    Median Sold Price was $951,000. The median listing price was $950,000.

Check out the full market report Full Report  Click on any month and a screen will appear below with the addresses of each home sold.  Click on an address and the listing will appear with pictures and MLS information.  You can scroll through the pictures to really appreciate the home.

Are you interested in the homes that are actively for sale? Click on this link for those – Active Listings  You can click on the MLS number to see the pictures and get the information you need on this home.  Then call me for an appointment to see the home and a reference for an excellent loan officer if you do not have one already.

Do you need schools and community information?

Laguna Niguel

School and Community Information Report

School and Community Information Report

Do you need information about our city?  Laguna Niguel

Would you like to see the most expensive home for sale in Laguna Niguel?  That would be 31645 Peppertree Bend. This home was listed while it was under construction over 300 days ago.  Now it is complete. It sits on a hilltop high above the city.

31645 Peppertree Bend $9,950,000

31645 Peppertree Bend $9,950,000

The ocean and city lights at night.

The ocean and city lights at night. This is an eagle’s nest.

Come on down and see me to tour Laguna Niguel if you are seriously interested in living close to the ocean in a wonderful community.

Amtrak has a station in Laguna Niguel

Amtrak has a station in Laguna Niguel!


New Listings have skyrocketed! What a relief!

March 17th, 2016 | Coastal Real Estate,Laguna Niguel,Orange County real estate,Residential Real Estate,South Orange County Schools |

Hi all,

Our sellers are now out on the market in droves.  Thank goodness!  I have a new graph format for you which should be interesting and I have two very reliable sources of information behind them.  First, let’s look at the new listings graph.  You will appreciate the dearth of inventory as 2015 ended and continued for the first two weeks of January.

There were 84 new listings in February

There were 84 new listings in February.  Up significantly from last year.

This is almost as high as June of 2015 and higher than all of the other months.

There were 94 new properties listed in February. 38 properties sold.

There were 94 new properties listed in February according to MLS Office. 38 properties sold in that month.

Another tracking site includes new listings that were signed but may have been put on hold while the sellers get their home ready to sell, that number is 94.  Either way the minimal inventory in December and early January has inflated to a much more reasonable number but it is still a seller’s market.  When the market falls below 4 months of inventory, the sellers can increase prices.  When the market exceeds 6 months the sellers discount prices just to get their property sold. Would you be interested in seeing all of the detached single family homes in the City of Laguna Niguel?  Active listings   You have the choice of 142 homes!

New properties for each of the last two months have balanced out the number of months in which more homes sold than came on the market.  Still, in some cities in South Orange County homes are sold in 30 days or less.  Laguna Niguel has a wide range of houses for sale, starting at $599,000 going up to $$9,950,000. Would you like to see more details on a home that is listed for $7,500,000?                 2 Inspiration Point

2 Inspiration Point

2 Inspiration Point – A true inspiration!

How are the prices these days?  What has been the trend in Median Prices?  It continues to edge up.  In February it was $882,000.  This means that half of the sold homes cost less than $882,000.

Median Sales Price for February was $882,500

Median Sales Price for February was $882,500.

This city is significantly above the County average prices in blue.  Real estate is a good investment here.

Did I mention Laguna Niguel is ocean close?

Ocean Close

Ocean Close

When you feel those cool breezes, you know why you want to live here.  Laguna Niguel movie  Is that Catalina Island out there?

Interest rates are exceptionally low.  Unbelievably low.  And if you have enough cash to put 30% down, you don’t even have to have income in the United States.  Buyers from foreign countries do not have US tax returns and all of the documentation for a conventional loan, but they do have income and assets overseas.  These buyers can find a lender who will help, especially if the buyers are from China.

Would you be interested in the school scores and the city’s website? School information

School and Community Information Report

School and Community Information Report in the above link.

Interested in the beaches? Golf courses? Museums?

City of Laguna Niguel website

Let's enjoy a picnic or go fishing!

Let’s enjoy a picnic or go fishing!

This is a great city!  Come on down.








After a dismal December, January finished Up

March 14th, 2016 | Housing Inventory,Laguna Niguel,Orange County real estate,Residential Real Estate |



22 Old Ranch Road

View from a Laguna Niguel home.  You can see the beautiful ocean!

December had very few new listings.  It was a dismal low for the year and a hard start to 2016.  But by the end of the month, listings shot up to a level not seen since last Spring or early Summer.

New listings shot up to 70 for the month of January

New listings shot up to 70 for the month of January!

We now have sufficient inventory for the buyers to find something they really like.  Sales numbers lagged behind the new inventory basically because those sales went into escrow in late November or December.  November and December are traditionally low sale months.  January usually starts the new year with a bang and, fortunately, it was a slow start but a great finish.

Would you like to see the full report on the sales and prices?  Click on the link below.  Scroll down and click on any month.  You will find every sale for that month, the home address and sold price.  If you click on the address, more information will appear. That will have the MLS number which will lead you to all of the pictures and information.  It is a terrific report.

Link to full report:  Full report

How about the current prices? Are they trending up with such a dearth of inventory?

The Average Asking Price in January was $914,483

The Average Asking Price in January was $914,483, the lowest in the past five months.

This is interesting.  Even with low inventory, the prices dropped considerably from September, October and November.  The short explanation is those months had more expensive homes sold than January.  The inventory of multi-million dollar homes drops more than the average homes over the holidays.  These homeowners rarely have to sell and do prefer their privacy over the holiday time period.

The current inventory has many of these ultra-expensive homes. Please click on this link to see the current inventory:

Current Inventory

There are 133 homes actively listed today. The average price is $1,647,182.  Of the ultra-expensive homes, the most expensive home is $9,950,000.  It has 9 bedrooms, 12 bathrooms and 14,000 sq. ft. of living space.

Magnificent Home!

Magnificent Home!

You can invite your friends anytime to this home.  Parties of any size will probably be no problem but you want at least 100 guests. Take a look at the MLS!   LG15129823

But let’s look at the median price, that is the price in the exact middle of all of the sales.


The median price was $806,500, almost $80,000 less than the average price.

December Sales were normal but the Sellers dropped off the map and New Listings were scarce.

January 5th, 2016 | Coastal Real Estate,Laguna Niguel,Orange County real estate,Residential Real Estate |
22 Old Ranch Road

Some of our view homes have spectacular views of the ocean!

You could say the sellers want to stay here and have decided not to sell.  For some reason the new listings dropped to 21 when we were expecting about 41. Last December the number of new listings was 50% higher than this year.  Sales were just putting along at 41 which was in a slightly downward trend for the Fall (this is normal).  We need our sellers to jump back in.  There are plenty of buyers and they can absorb moderate price increases.

New Listings and Sales for 2015

Laguna Niguel New Listings and Sales

Laguna Niguel New Listings and Sales

Look at that tiny blue column near the far right.  This number needs to reverse in January.  If it stays at record lows, prices will climb more than you can imagine.  Buyers will be overbidding for a home, just to get one.  It becomes so difficult for the lenders and appraisers to handle.  If people do not have to move, they will stay in places they love.  Laguna Niguel is home to many happy homeowners.

The green columns show the sales. Sales have declined slightly over the Fall, but not much and are in line with the beginning of the year.  Sales show a normal pattern of slowing in Fall and picking up as the inventory jumps in March through July, then there is a last minute spurt of activity and a slowdown.

Would you like to see the full report?  Full Report  You can click that link, then scroll down and click on any month.  A list of addresses will appear and you can click on any address for more information.  When you click on an address, an icon will appear with more information and another link.  You will see the MLS number and you can use the right column of this blog to use the MLS number to see all the pictures and all of the information.

Would you like to see what the street address screen looks like?  This one is not linked to anything but it shows you the display you will see.

Sales in December

Sales in December

The screen capture is a little fuzzy but when you access this screen, it will be crisp and clear.

How about the prices ?   What do you think happened to the average price?  Sales volume was normal even though new listings were very low

But prices did drop on the average to $887,829 from $1,174,964 the month before. Only one month in the entire year had a lower average sales price.

Average Price for Laguna Niguel homes was $887,829

                    Average Price for Laguna Niguel homes was $887,829                         The real test is the Median Price.                                    

Median Price was $825,000

Median Price was $825,000

Now that may be a more comfortable price for many buyers.  Still at $825,000 (the exact middle of all prices), half of the sales were less expensive and half were more expensive.  What was the most expensive home sold?  19 Emerald Glen

19 Emerald Glen

19 Emerald Glen   It was sold before it entered the market officially.  Great Home!

The Median prices have maintained a range all year.  If we see restricted inventory through January and February, the median price will rise significantly.  We believe the current prices are still affordable for many buyers but if they get higher, the buyers will move inland.

Would you like more information about the city?   City of Laguna Niguel  The city website has lots of information.

How about the schools and general community information?   School information

Let's go fishing

                                                                                                                                     Let’s go fishing

There is no end of fun things to do.  But don’t forget about the great schools, shopping, access to freeways, minutes from the beach, and views from so many homes.  Call or email me for more information.    949 230-1834  I can help you get pre-approved for a home loan at competitive rates.  This is the time to buy.  Don’t wait.


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