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July 2009

There are 4 blog entries for July 2009.

Pick the Right Lender

Thursday, July 23rd, 2009 at 8:46pm. 221 Views, 0 Comments.

In today's competitive Orange County Real Estate Market, you have to have the right lender on your team.  Once you get past the rates, fees, discounts, programs, and options, you have to realize that you are relying on the person you chose to PERFORM for you to help you buy your Orange County home.  Compare the numbers all you want to make sure you know what you are getting, but do not underestimate the importance of the person you are hiring to get the job done.

The lenders I recommend to my buyers have a relationship with me.  You will only do one transaction with them every 3 to 5 years - I do multiple transactions with them every month.  I know them and they know me.  The lenders I recommend to you as a buyer have a much higher liklihood of…


Real Life Real Estate Update from Leslie

Wednesday, July 15th, 2009 at 6:41pm. 256 Views, 0 Comments.

Thinking of buying a home in Orange County?  Leslie's got some advise for putting yourself in the best possible position:

 

Find out more about buying a home on our Buyer's Page, Buyer's Quickstart Page, or our First Time Buyer Info Page.

 


Mission Viejo Activity for June 2009

Thursday, July 2nd, 2009 at 11:22am. 298 Views, 0 Comments.

Mission Viejo Real Estate Activity for May 2009

There are currently 264 homes actively listed for sale in Mission Viejo, a 7.6% drop from May.  Asking prices ranging from $149,000 for a 1-bed 1-bath 636 square foot condo to $2,995,000 for a 5,800 square foot custom 6-bedroom home on the lakefront.  86 of the homes listed are Short Sales, almost a 16% drop from May.  11 are Bank Owned, meaning 37% of the homes on the market are "distressed" sales.

149 homes came on the market during the month at an average list price of $272 per square foot, down from May's average of $281 per square foot. 50 of the homes listed in June (33%) are already in escrow or have sold.

165 homes came off the market pending sale.  The average list price per square foot at…


Coto Monthly Activity for June 2009

Wednesday, July 1st, 2009 at 7:07pm. 303 Views, 0 Comments.

Coto de Caza Real Estate Activity for June 2009

There are currently 148 homes actively listed for sale in Coto de Caza, with asking prices ranging from $369,000 for a 2-bed 2-bath 1,342 square foot condo to $22,000,000 for a 16,000 square foot custom Los Ranchos Estate (on the market since February of 2008).  21 of the homes listed are Short Sales, and only 2 are Bank Owned, a small drop from last month and still a total "distressed" ratio of less than 16%. 

For the third month in a row, 37 homes came on the market during the month, but at a significantly lower  average list price of $367 per square foot. 7 of the homes were listed at prices over $3,000,000, 2 new listings were cancelled before the end of the month, and 4 have already gone into…