October 30, 2010
September Sales Rebound
September was an excellent month for Coto de Caza. We hope this trend continues through the end of 2010. There are so many bargains in Coto, the buyers just have to take a look. The average days on market are shrinking which means inventory is moving faster. Our buyers are taking advantage of the amazing interest rates on every kind of mortgage. Take your pick, 30 year fixed, 5/1 Adjustable, 7/1 Adjustable, 15 year fixed +more.
Our sellers gave the buyers an average of 4% off the listed price. My advice is be reasonable but prices are negotiable. Maybe you want the seller to pick up some of your escrow expenses or give you some cash at close of escrow for updating the home. Be creative and ask your loan officer for guidelines.
Click on this link for all the information including a list of sold homes -
Click here to see the report
Categories: Coto de Caza.
October 28, 2010
UCLA: O.C. home prices to surge 49%
From the OC Register
October 27th, 2010, 1:00 am · posted by Jeff Collins
Orange County will have a half-million-dollar housing market again by 2012, and home sales volume will rebound by a whopping 43% over the next two years, according to the latest UCLA Anderson Forecast for the O.C. housing market.
| Orange County Forecast |
| Year |
Price |
chg. |
Sales |
chg. |
| 2010 |
$428,381 |
5.6% |
32,139 |
3.5% |
| 2011 |
$460,545 |
7.5% |
40,974 |
27.5% |
| 2012 |
$503,450 |
9.3% |
45,877 |
12.0% |
| 2013 |
$538,750 |
7.0% |
48,832 |
6.4% |
| 2014 |
$577,619 |
7.2% |
49,913 |
2.2% |
| 2015 |
$615,644 |
6.6% |
47,800 |
-4.2% |
| 2016 |
$639,650 |
3.9% |
47,577 |
-0.5% |
Economists with UCLA’s Anderson Forecast foresee O.C. home prices climbing above $500,000 in 2012 for the first time since April 2008. Prices are expected to appreciate from 6.6% to 9.3% a year through 2015 — and, all told, grow 49% in the next six years.
Categories: Uncategorized.
October 26, 2010
These rates are historically low
Our Buyers have an unbelievable opportunity to buy at historic lows. Anyone who would ever like to own their own home has to take advantage of these loans now.
Categories: Interest Rates.
October 8, 2010
Inventory up Sales Slow
The typical Fall slowdown ( Sales hit the wall in Fall) and the usual short sale delays have affected our condo sales. We had better sales in every single other month with the exception of tax month (April). The average sales price increased due to some really good buys of view condos with many upgrades. There were enough sales of the smallest units to keep the median price down. We hope our buyers get going and take advantage of the number of condos to choose from and the views they could be enjoying. Many of our condominium developments in Laguna Niguel have panoramic views! There are still many motivated sellers and patience is the key with short sales. They do close!
Laguna Niguel Condos - Click here to see the report
Categories: Coastal Condominiums, Laguna Niguel, Residential Real Estate.
October 4, 2010
Click on a tab to bring up a graph
When you click on the link below my comments for a city in South Orange County, a report will appear. You can then choose one of three tabs to click. Each tab will access the graph and information by month for either the Average Price, the Median Price or the New Listings and Sold information.
Average Price Graph
This shows you the graph with the last twelve months of MLS data charted. If you click on any of the months listed below a graph, you will see the actual listings with the addresses.
Listings for the month selected below the graph
This is how the listings appear. When you look to the right of the listings, you see:
Each listing will open a map with an arrow indicating the location
Click on a listing and a map will appear with an arrow showing the location of the home and an icon. Click on the icon.
Actual listing information for that sale
Congratulations! You now see the specific information about that sold home so you can compare it with current active listings or just to learn more about the homes that sold.
Categories: Aliso Viejo, Coastal Condominiums, Coastal Single Family Homes, Coto de Caza, Dana Point, Laguna Beach Condos, Laguna Beach Homes, Laguna Niguel, Mission Viejo Homes, Residential Real Estate, San Clemente.
October 4, 2010
Sales Dip Slightly but the Average Price increases by $80,000
Thank you to the buyers for 2 Upper Vintage! That home sold for $3.6 million and pushed the average sales price for Laguna Niguel up by $80,000. For the average seller, the good news is that the homes are selling but more sales are in the small home segment of our market. We have those wonderful first-time buyers putting their income in the right investment. You can get a loan up to $729,000 with 3 1/2% down. There are rentals that cost as much if you add up the security deposit, the key deposit, the cleaning deposit, pet deposit – the list goes on. Laguna Niguel has excellent schools, public and private, convenient shopping, convenient freeways and the quiet environment people love. We added more homes to the inventory this month so the selection is great. What is not to love? Time to talk to your friends or kids who rent and get them out looking. There is time to get in and get a tax deduction for 2010.
Click here for the details – Click here to see the report
Designed by Tim Sainburg from Brambling Design
Categories: Coastal Single Family Homes, Laguna Niguel, Residential Real Estate, Single Family Homes.
October 3, 2010
Inventory Strong in Aliso Viejo
Aliso Viejo Average Price Climbing
Let’s not wait any longer! Buyers get your agents and buy that wonderful home you have been talking about. Prices are going up and sellers are encouraged to sell again. The average and median prices are both up. People are buying more expensive homes but compared to just a few years ago, these are bargains. Overall prices have decreased 25- 30% over the market high, you should be buying. If you have a home, how about an investment? Do you want all of your money in the bank in a 1% interest account or the stock market? See me for some incredible buys and beautiful homes.
Aliso Viejo Homes – Click here to see the report
Categories: Aliso Viejo, Coastal Single Family Homes, Residential Real Estate, Single Family Homes.
October 3, 2010
Aliso Viejo Condo Inventory Up - Sales Still Strong
People will always love Aliso Viejo. This community has so much to offer. Sales are not falling off like a normal September and Sellers are paying attention. The new inventory of Condos is exceptional. If you thought you had seen everything on the market, go back out there and take another look. You could be missing your dream condo. If you like the easy access to the beach and numerous freeways, shopping galore, great schools, and the look of a newer community, live in Aliso Viejo. This is it!
Aliso Viejo Condos – Click here to see the report
Categories: Aliso Viejo, Coastal Condominiums, San Clemente.
October 3, 2010
Sales Strong! Inventory Jumps!
San Clemente Sellers (92673) are not letting buyers get away. The sales are still strong for this time of year but the really good news is that the inventory has jumped. Now the buyers can get their new home before the holidays and celebrate! This time last year the sellers were not interested, now they can see the buyer’s enthusiasm for their area. There are many beautiful, newer homes in 92673 and now is the time to take advantage of the low interest rates. See your broker for a pre-approval, not just a pre-qualification. Sellers including banks want confirmation you are the buyer that will close. With rates in the 4 percent range, even the sellers prefer to sell now and get their new residence at these great rates.
San Clemente 92673 – Click here to see the report
Categories: Coastal Single Family Homes, Residential Real Estate, San Clemente, Single Family Homes.
October 3, 2010
San Clemente Home Sales 92672 Slow but Median Price UP!
Median Sales Price Up!
San Clemente 92672 home sales slowed but the median price was the highest in the last six months. More people are buying the more expensive homes and the cheaper ones are going, going, gone. Sellers are losing interest in selling this year and new inventory is decreasing. If you want a beautiful home in coastal San Clemente, you should look to buy right now. This is a wonderful city with all of the charm of a California Beach community. Click on the link below for the actual details and more graphs.
San Clemente 92672 Homes – Click here to see the report
Categories: Coastal Single Family Homes, Residential Real Estate, San Clemente, Single Family Homes.
October 3, 2010
Sales Slow Normally for Fall
Average Price increases
Thank you Buyers! The buyers bought some very nice condos with higher prices last month in the newer area of San Clemente. The actual number of sales dipped compared to August and the median price dropped too. The good news is that the inventory looks ample for the current demand and should offer buyers plenty of choices. As the Great Recession comes to an end, those cheaper condos will too. Now is the time to buy!
San Clemente 92673 – Click here to see the report
Categories: Coastal Condominiums, Residential Real Estate, Single Family Homes.
October 3, 2010
Calle Del Cerro Condos lead the Way!
September was an interesting month in the older area of San Clemente. Five of the nine condos that sold were on Calle Del Cerro and those were fairly inexpensive to purchase. The Average and Median Prices were affected and showed decreases. The number of sold condos was up and there were more condos than last month put on the market. Sales look strong for this time of year and hopefully, will continue. Click on the link below.
San Clemente 92672 – Click here to see the report
Categories: Coastal Condominiums, Residential Real Estate, San Clemente.
October 3, 2010
Dana Point Homes Inventory and Sales slow down for Fall
Our Dana Point sellers are starting to slow down and get comfortable for the Fall. New properties are slowing coming on the market and decreasing monthly. This is the normal pattern for the typical year, but this is not a typical year. Other cities have shown increases in new properties for sale as well as the number of sales. Median prices are level but average prices have fluctuated quite a bit over the last few months. Some very expensive homes have sold. We still have a very good inventory and hope our buyers will not miss out on the incredible buys still available in Dana Point. Do click on the link below for the actual graphs, listings and maps.
Dana Point Home Sales for the past 12 months – Click here to see the report
Designed by Tim Sainburg from Brambling Design
Categories: Coastal Single Family Homes, Dana Point, Residential Real Estate.
October 3, 2010
Well, darn. Our Dana Point sellers are giving the buyers more selection than ever, but sales aren’t keeping up. All of those first time buyers who could be enjoying their first home minutes from the beach are staying on the sidelines. WE know they are out there and the interest rates just couldn’t be better. Now is the time to get a tax deduction before the year ends. Before you know it, tax season will be here and all the renters will kick themselves for missing these bargains. Click on the hyperlink below to see the details of the Average Prices, Median Prices and Inventory and Sales levels over the past 12 months.
Click here for all the details on Dana Point Condos – Click here to see the report
Designed by Tim Sainburg from Brambling Design
Designed by Tim Sainburg from Brambling Design
Categories: Coastal Condominiums, Dana Point, Residential Real Estate.
October 3, 2010
Mission Viejo Monthly Sales are Staying Strong
Instead of heading into the normal Fall slowdown in sales, Mission Viejo continues to push ahead. There are more great buys and hard-working agents to get the short sales done than ever. The interest rates are in the 4% range. The buyers cannot expect to do better next year from what I see. As people get back to work, the lenders will be extending their loans to cover missed payments and those homes will come off the market. First time buyers and anyone looking for a real estate investment would be wise to get something now. Click on the link below for information on the last 12 months.
Mission Viejo Home Sales Report – Click here to see the report
Categories: Coastal Single Family Homes, Mission Viejo Homes, Residential Real Estate, Single Family Homes.
