Cute Beach home

This cute beach home in the North Beach area of San Clemente offers the rare opportunity to live near the beach in a 3-Br, 2-Ba home for under $800,000.

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San Clemente Real Estate Podcast

The latest edition of the San Clemente Real Estate Podcast is now available. In this month's Podcast we share insightful tips for protecting your property investment and walk you through the key steps of our annual insurance check-up. We also discuss Orange County market trends.

Listen and enjoy!

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Orange County Housing Market Expected to Rise in 2007

"After bottoming in the fourth quarter of 2006, existing-home sales are expected to rise through 2007 and into 2008, while new home sales should turnaround by summer, according to the latest forecast by the National Association of Realtors." Orange County real estate markets are falling in line with the latest NAR forecast.

December figures for Dana Point show the number of new listings increased 4 percent compared to December 2005. Sold listings were down 23 percent during the same time period and market times increased 25 days or 60 percent. The average sales price decreased by $32,751 or 21 percent.

New listings in Laguna Beach increased by 7 percent in December, while the number of homes that sold dropped by 8 percent. Market times increased by 5 days or 9 percent. During this same time frame, the average sales price increased 46 percent.

Laguna Niguel reported less new listings in December 2006 compared to December 2005, a 4 percent decrease. Market times were up by 95 percent as sales dropped 18 percent. Sales prices in Laguna Niguel showed a strong gain of 19 percent with the average sales price of $1,804,434.

Mission Viejo continued to appreciate by 3 percent to $733,425, even though sales decreased by 22 percent and market times increased by 58 percent. The number of new listings decreased by 13 percent.

San Clemente sales prices experienced a slight decrease in December...down one percent from a year ago. The number of new listings was up by 11 percent, while sales dropped 42 percent. Meanwhile, the average market time increased 42 days or 93 percent.

San Juan Capistrano's average sales price soared 93 percent this December compared to December 2005. New listings were lower by 20 percent. Market times increased 27 days or 44 percent and sales were down 44 percent.

As you can see, the market is in transition with notable differences among our Orange County communities. Sellers will want the knowledge and expertise of experienced professionals to assist with the sale of their homes. Professionals who are experts in pricing and marketing and can assist you with expert advice leading to a successful sale...putting the most money in your pocket.

Wondering what prices are doing in your neighborhood? Visit EmailHouseValue.info. A market evaluation will be emailed to you.

All stats are compiled from the Southern California Multiple Listing Service. Information is deemed reliable but not guaranteed.

Orange County Housing Report - December 2006

David Lereah, National Association of Realtors chief economist, said a fairly steady pace of home sales can be expected for the next two months. "It's important to focus on where the housing market is now - it appears to be stabilizing, and comparisons with an unsustainable boom mask the fact that home sales remain historically high - they'll stay that way through 2007." he said. "In addition, a temporary correction in prices distracts from the fact that it is primarily the number of homes sales that affects the economy, and the number for this year will be the third highest on record." How do local home sales stack up to this prediction?

November figures for Dana Point show the number of new listings dropped 22 percent compared to November 2005. Sold listings were down 93 percent during the same time period and market times increased 11 days or 20 percent. The average sales price, also, increased by $138,099 or 14 percent.


New listings in Laguna Beach decreased by 28 percent in November, while the number of homes that sold dropped by 47 percent. Market times increased by 41 days or 79 percent. During this same time frame, the average sales price increased 24 percent.

Laguna Niguel reported 26 less new listings than November 2005, a 15 percent decrease. Market times were up by 47 percent as sales dropped 32 percent. Sales prices in Laguna Niguel showed a strong gain of 10 percent with the average sales price of $801,730.

Mission Viejo continued to appeciate by 5 percent to $761,5127, even though sales decreased by 1 percent and market times increased by 42 percent. The number of new listings decreased by 8 percent.

San Clemente sales prices experienced an increase in November...up $200,978 or 21 percent from a year ago. The number of new listings was down by 7 percent, while sales dropped 25 percent. Meanwhile, the average market time increased 52 days or 116 percent.

San Juan Capistrano's average sales price was 2 percent lower this November compared to November 2005. New listings were also lower by 27 percent. Market times increased 35 days or 70 percent and sales were down 38 percent.

With the market in transition, sellers will want the knowledge and expertise of experienced professionals to assist with the sale of their homes. Professionals who are on top of the market in each community and can give expert advice leading to a successful sale...putting the most money in your pocket.

Wondering what the current value of your home is? Visit EmailHouseValue.info and your home valuation will be emailed to you.

All stats are compiled from the Southern California Multiple Listing Service. Information is deemed reliable but not guaranteed.

The San Clemente Real Estate Podcast

The latest edition of the San Clemente Real Estate Podcast looks at the Orange County real estate market activity, along with a discussion about mold inspections and air quality. Our guest speaker is Terri Murphy of US Learning. Enjoy!

Home prices level off

A growing number of sellers are keeping their homes, or renting them out resulting in fewer homes on the market...one of the signs the housing market is moderating. Other signs include a leveling off in home prices and smaller drop in sales. The median price of an Orange County home is down just $1000.00 from September, yet up 3.1% from the same period last year, according to Data Quick Information Systems Read more...

Visit our website to view all Orange County real estate listings, get the current market value of your home and more.

Should You Try to Sell Your Home During the Holiday Season?

A common misconception is that trying to sell a home during the holidays is a bad idea. If you are serious about selling, it can be an excellent time to list. During the holidays buyers are more serious. They have a different motivation like using vacation time to search for property. They're doing that because they have to buy, rather than want to buy. Remember Thanksgiving and Christmas is one day a piece not two months.

10 reasons why you should list your home during the holidays

1. Most November and December buyers are particularly serious and very likely facing some sort of deadline.
2. January is the biggest transfer month of the year and job transferee’s use the holidays to house hunt.
3. Many people want to buy before the end of the year for financial and tax reasons. Investors usually want to close escrow by year-end for tax purposes.
4. Most sellers wait until spring or summer to list their home. This means that during the winter months your property will have far less competition versus any other time of the year.
5. Homes show well when decorated for the holidays creating a sense of family and people are much more emotionally drawn to the house, emotion sells.
6. Many people take vacation around the holidays allowing more time to look for a home.
7. Remodeling, decorating, appliance installation and other services are more available and at less of a premium.
8. There is plenty of mortgage money available for buyers.
9. Lenders aren't as busy and can process loans faster.
10. Showings will be fewer and less intrusive, but more likely to be fruitful with motivated, qualified buyers.

Visit our website to view all Orange County real estate listings, get the current market value of your home and more.

San Clemente Real Estate Podcast

Join us for the San Clemente Real Estate Podcast. This month we cover the San Clemente and Orange County real estate market activity, as well as, the advantages and disadvantages for buyers who stretch their finances to get the most from their next home purchase.

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Visit our website to view all Orange County real estate listings, get the current market value of your home and more.