Orange County Real Estate

Unusual Real Estate Market Conditions in Coto de Caza

Thursday, May 9th, 2013 at 1:19pm. 30 Views, 0 Comments.

Unusual Mission Viejo, Coto de Caza, and Rancho Santa Margarita real estate market conditions produce unusual behaviors in buyers, sellers, and Realtors.

When the Mission Viejo, Coto de Caza, and Rancho Santa Margarita real estate market conditions gets to the point where there are less than 4000 homes officially listed for sale, there are more  than 8000 qualified buyers and more than 40,000 licensed Realtors trying to make a living helping you wonderful Mission Viejo, Coto de Caza, and Rancho Santa Margarita people buy and sell homes, you’ll have to agree this is an unusual condition.  Now, I’ve only been making a living helping Orange County buyers and sellers for the last 13 years, so I haven’t seen all of the Mission Viejo, Coto de…

Coto de Caza Home Prices Have Incressed by an Average of $100,000 Since January

Friday, May 3rd, 2013 at 1:18pm. 55 Views, 0 Comments.

As we continue to watch the Coto de Caza, Rancho Santa Margarita, and Mission Viejo home prices go up and up - the average sales price is up almost $100,000 since January 2013! - we are also keeping a close eye on the home inventory.  As of today, there are 107 active listings in Mission Viejo - up from the 85 that were active as of April 1, 2013 - that's a 26% increase in total inventory in from one month ago! There are 70active listings in Coto de Caza - up from the low of 52 just a few weeks ago.  In RSM, there are also 70 houses currently listed for sale.

Of the 107 active Mission Viejo listings, 96 are Standard Sales, four are REOs, six are Short Sales, and one is offered for sale through an Auction.  About the same mix as…

Coto de Caza Home Buyers Lean on New Terms and Conditions to be Successful

Wednesday, April 24th, 2013 at 6:27pm. 61 Views, 0 Comments.

Continued Lack of Inventory of Coto de Caza Homes for Sale Calls for New Terms and Conditions

Even though the inventory of homes for sale in Mission Viejo, Coto de Caza, and Rancho Santa Margarita has increased lately, there are still so few homes on the market that home buyers need to use new terms and conditions to be successful in the Mission Viejo real estate market today.  Here are the top three trends in new terms and conditions that you need to know about as a home buyer in today’s market.  Serious buyers will quickly see how these new terms and conditions will help!

Will a Using a Reverse Mortgage on Your Coto de Caza Home Work for You?

Thursday, April 18th, 2013 at 11:47am. 55 Views, 0 Comments.

Take a Look at Using a Reverse Mortgage on Your Coto de Caza, Rancho Sanata Margarita, or Mission Viejo Home

As an official member of the Baby Boomer generation, which means I was born between 1946 and 1964 in the Post WWII Baby Boom according to the US Census Bureau, any talk about retirement strategies like using a Reverse Mortgage tends to catch my attention.  So when my broker announced we’d be having a meeting to learn about using a  Reverse Mortgage to buy or re-fi your Mission Viejo home, I cleared my calendar.  I know!  I know!  Using a Reverse Mortgage sounds like falling for the Snake Oil or Swamp Land in Florida fishy sales pitch.  But after I listened to the recent changes Congress has approved and how the program works, I’m…

What The Low Inventory of Houses for Sale in Coto deCaza Has Done to the Real Estate Market

Tuesday, April 9th, 2013 at 10:16am. 95 Views, 0 Comments.

Well, this low inventory of houses for sale in Mission Viejo, Rancho Santa Margarita, and Coto de Caza is getting really old.   And some very interesting new trends are emerging as a result of the low inventory of houses for sale in Mission Viejo, Rancho Santa Margarita, and Coto de Caza.  You know how you thought you had the latest and greatest in new technology, only to find out a new and vastly improved model is already available for a fraction of the previous cost?  We are facing some rapidly changing strategies when it comes to beating the competition for the low inventory of houses for sale in Mission Viejo, Rancho Santa Margarita, and Coto de Caza on the market.  Here are three of the newest trends because of the low inventory of…

Make it Easy for Buyers to See Your Coto de Caza Home

Saturday, October 6th, 2012 at 12:39pm. 486 Views, 0 Comments.

Make Showing Your Coto de Caza House for Sale Easy

Easy Bake Oven.  Easy Off Oven Cleaner.  Easy Come, Easy Go.  Take it Easy.  Get the common theme?  Make it easy for buyers to see your Coto de Caza house whether it's Halloween, Thanksgiving, Christmas or the 4th of July. 

Here’s the best way to make it easy for Realtors to get their buyers in to see your house so they can decide to put in an offer.

Easy – Have the agents call and personally speak with you to let you know when they are coming.  Most agents finalize plans with their buyers the day they are going to be out looking at homes.That way they can include any listings that pop up that day.  They'll call and give you an approximate time they'll be there – so you can make sure no one is in the…

This Week in Coto de Caza - Real Estate Reality

Sunday, September 12th, 2010 at 5:18pm. 3355 Views, 1 Comments.

Only 4 REO Homes for Sale in Coto Today - All Priced Between $1 and $2 Million

This week the focus is on the four REO listings on the market in Coto today.  This is the first time we've had this many REO listings in the $1 to $2 Million price range.  If you've been following my monthly Coto Market Updates, you know about the three markets in Coto these days - under $1 Million, $1 - $2 Million, and everything over $2 Million.  All four of these Bank Owned homes are in the $1 - $2 Million range.  Check it out - these are incredible opportunities.  All with something different to offer!

Southern Hills Encore - Golf Course Views

This video does a pretty good job of giving you the 411 on this 4 bedroom 5 bath 4300 sq ft home on the 12 hole of the Coto's…

Coto North Course Hole Number 3

Thursday, September 9th, 2010 at 8:15pm. 3196 Views, 0 Comments.

Coto's Hole #3 on the North Course, a long Par 4 dogleg right. 

From the Tee

You'll face a strategic choice on the tee - short and safe with a long second shot, or an aggressive drive with risk/reward.  In addition, although it may be easy to hit the fairway, a mediocre shot will leave a very difficult second.  The fairway is very wide, with the ever-present creek and oak trees on the left, and the farther left you go the longer you second shot will be.  From the Blue tees, the fairway ends about 230 yards away as the creek bends in, so the ideal safe shot is a fairway wood or rescue club to the corner on the right edge of the fairway (near the lurking bunker), leaving about 150 yards up the hill to the green.  

The long hitter has the choice…

Coto de Caza Real Estate - August 2010 Market Update

Tuesday, September 7th, 2010 at 5:10pm. 3112 Views, 2 Comments.

Coto de Caza Homes For Sale Remain Consistent 

The month of August brought more of the same for home sales in Coto de Caza.  There are still the three markets - homes priced under $1 Million, homes priced for sale between $1 Million and $2 Million, and homes offered for sale for more than $2 Million.  And the number of homes for sale remains consistent - pretty much evenly spread across each of the three price ranges.

Here's the breakdown for August:

The Real Houses of Coto de Caza - Rancho Colinas Bank Owned Custom Estate - Complete with Mold

Monday, September 6th, 2010 at 9:56pm. 473 Views, 0 Comments.

Stunning Custom Coto Mansion

Searching for a great deal on a 6000 square foot custom estate in the exclusive Coto de Caza Rancho Colinas neighborhood?  Check out this 5 bedroom 6 bath Stone mansion on over 5 acres with Rock Grotto pool, marble entry, maid's quarters, two family rooms, bar, and three fire places.  Listed at $1,002,660, this home is one of the lowest priced home per square foot of living space in all of Coto today - listed at $166 per square foot! 

You're Asking, "What's Wrong With It?"

Well, there's mold.  Apparently toxic mold.  So toxic that you have to sign a waiver releasing the owner (the bank, none of who's employees have ever lived there) from any illness or injury caused by exposure to the mold BEFORE you can even step foot on…