Laguna Niguel Condo Sellers Encouraged!

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August 2, 2010

Sellers are Encouraged by Faster Moving Inventory

More Laguna Niguel Condominium Sellers are putting their condos on the market.  Old ones are moving and the recent listings are selling quickly especially the short sales compared to last year.  Bank-owned inventory is down to eight homes and twelve condos.  Most if not all have several offers being reviewed by the banks as this is being written. First-time buyers have rallied behind the Federal and California Stimulus packages to get into their own home with all the tax advantages.  Rent is much more expensive than just the monthly rent.  Renters cannot enjoy the deductibility of the monthly housing payment nor can they fix their monthly rent for 30 years. Renting is uncertain and expensive.  There are very low downpayments under the FHA plans, talk to your lenders.  Take a look at the sales for each of the past 12 months by clicking on the link below.

Laguna Niguel Condo Sales July 2010 – Click here to see the report

Designed by Tim Sainburg from Brambling Design

Categories: Coastal Condominiums, Laguna Niguel, Residential Real Estate.

Laguna Niguel Inventory of Homes Recovers

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August 2, 2010

Laguna Niguel Inventory is Recovering

Thank you Sellers! We now have a much better inventory to entice buyers.  The average days on the market dropped in spite of a few homes caught up in short sale dramas.  With our unbelievably low mortgage interest rates and increasing flexibility from our lenders on expensive homes, now is the time to buy.  We don’t want the Buyers to miss out on an FHA loan up to $729,000 at a fixed interest rate that is simply too low to last.  Call your lender now!  Then ask me for a special password into the MLS for absolutely current information on listings rather than the old information on many internet sites. We know who they are.

Laguna Niguel Homes Sales- July 2010 Click here to see the report

Designed by Tim Sainburg from Brambling Design

Designed by Tim Sainburg from Brambling Design

Categories: Coastal Single Family Homes, Laguna Niguel, Residential Real Estate.

Aliso Viejo Moves Old Condo Inventory

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August 2, 2010

Aliso Viejo Moves Old Condo Inventory

Wow!  Sales were still strong after the Federal Stimulus deadline passed. Better yet, two condos on the market for a year and a half sold, two for a year sold, and four for 8 months sold.  These are typical for Short Sales. Short Sales are anything but short for our Buyers. In the past year, as difficult as it was, we had 576 condos list and 487 sold.  That is a lot of activity and the Buyers got sensational deals with unbelievably low mortgage rates.  Check it out!  Call your favorite lenders! Then give me a call!

Designed by Tim Sainburg from Brambling Design

Designed by Tim Sainburg from Brambling Design

Categories: Aliso Viejo, Coastal Condominiums, Residential Real Estate.

Aliso Viejo Cleans Up Old Inventory!

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August 2, 2010

Aliso Viejo Cleans up old inventory

With the first Federal Stimulus deadline of June 30, 2010, for the $8000 First-Time Buyer Cash, we expected fewer closings in July.  However, sales continue and we finally got rid of some old listings.  In July, most of the homes were on the market for less than 3 months before they sold.  Our sellers are helping by bravely stepping out there to find a buyer. We have good inventory and excellent mortgage interest rates.  But be aware our FHA maximum of $729,000 expires in December.  Now is the time to get that home! 

Aliso Viejo Homes – Click here to see the report

Categories: Aliso Viejo, Coastal Single Family Homes, Residential Real Estate, Single Family Homes.

Dana Point has a Huge Increase in New Listings!

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August 1, 2010

Increase in New Listings is Phenomenal for Buyers

Our sellers are really getting out there to capture the Summer Buyers.  Thank you!  Sales slowed from June due to the expiration of the stimulus, but the Buyers need to take advantage of the selection now.  Once Summer is over, the sellers will wait until after Christmas.  Please give me a call or send an email if you are a qualified Buyer. I can give you direct access to the MLS to help you find your ocean-close home now.  Interest rates can change in a heartbeat. Take advantage of low prices and extremely low rates now.

Click on these safe links to see the data on Dana Point homes and condos sold in the last year,

Dana Point Home Sales -Click here to see the report

Dana Point Condo Sales- Click here to see the report

Categories: Coastal Single Family Homes, Dana Point, Residential Real Estate, Single Family Homes.

San Clemente Median Price achieves a new high!

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August 1, 2010

The Median Price hit a new high for the last 12 months

Wow! More expensive homes are selling!  This means the home prices are recovering. The month of July showed a little smaller number of sales but that was expected.  The Federal Stimulus giving first-time home buyers $8000 was limited to those who could close escrow by June 30th.  There was such a rush.  Fortunately the Feds are allowing many people still stuck in escrow waiting for the short sales to close to get the stimulus money if they can get their escrows closed in September. We may see another surge then.

Take a look at the data and charts for homes and condos for both zip codes in San Clemente by clicking on these safe links:

San Clemente Single Family Homes 92672-Click here to see the report

San Clemente Single Family Homes 92673-Click here to see the report

San Clemente Condos 92672 – Click here to see the report

San Clemente Condos 92673- Click here to see the report

Categories: Coastal Condominiums, Coastal Single Family Homes, Residential Real Estate, San Clemente, Single Family Homes.