OCTeam's Blog: All Categories

Contrary to what many in the news media would like home buyers to think about the local real estate market in South Orange County, Ca, there seems to be buyers out looking for homes. Informed buyers know that they have a great opportunity to buy a home they might not have been able to afford just a year ago and this is a great time to buy. We are fortunate to be working with many buyers who, like many who already live or come to Orange County, started their home search on the internet at Orange County Real Estate.

One relocation buyer we are working with is looking for a home to enjoy the California lifestyle and has narrowed the search to gated Coto De Caza or looking at  Monarch Beach Real Estate which is more of a resort style area. The gorgeous, ocean…

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Is now the time to buy property in San Clemente, California? Take a look and you decide if the 17% drop in average sales price, comparing March 2008 to March 2007, is enticing enough for you to make the move to one of the last "affordable" beach front communities on the RIviera Gold Coast in Orange County, Ca. It's all about coastal lifestyle and being able to enjoy some of the world's best weather and surfing!

For more detailed information, you can visit San Clemente Market Trends or  receive Live Time Market updates by visiting  San Clemente Market Snapshot.

San Clemente

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The Spanish Style Carl Karcher summer home in the gate-guarded, luxury ocean front community of Cyprus Shore in San Clemente has been put on the market with an asking price of $8,500,000. The home boasts over 7,500 square feet with 4-bedrooms and 6-baths on two legal lots (over 1/3 acre). It sits on a corner lot overlooking the blue Pacific Ocean.

The exclusive Cyprus Shore community has direct beach access to the beach.  It's close to world famous surfing at Trestles makes it a country club for surfers.. At one time this entire bluff front area was home to the Cotton family which lived in what was know as the Western White House where then-President Richard Nixon and first lady Pat Nixon lived in the late 1960's and early 1970's. Development in this…

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Good news for home buyers and sellers in Orange County, Ca.

Orange County (as well as 13 other Ca Counties) saw their loan limits for FHA, Fannie and Freddie bumped all the way up to the $729,750 cap. With the FHA loan limits offering flexibility in ratios, credit, downpayment and appraisals...this is a great opportunity for buyers to get a loan! A more complete article can be found at New HUD loan limits. 

Plus, according to CNN Money, the difference between what a home should cost and its actual price - are the lowest they've been since 2004. Is this the best time to buy? You can read more about it at Best Time to Buy in Four Years.

If you are starting your search for homes for sale, you can visit Orange County Real Estate. On this easy to use…

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San Clemente, the Spanish Village by the Sea, is featured as the Family Value Adventure in the December 2007 issue of Conde Nast Magazine.  The article, titled Surfin' Turf authored by Henry Shukman, is about a family of four who set out for a boarding adventure, family holiday to the coastal surfing community of San Clemente.  Not only do they find out how addicting the thrill and challenge of surfing can be to the locals, but they find out how wonderous the evening can be. As stated in the article "..the ocean turns to dark, the lights of the pier come on, and after the sun goes red and zips itself away, the sky  becomes an aquamarine vapor." No wonder when they leave San Clemente for home they half-wonder why they don't move to San Clemente.

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The Orange County real estate market has seemingly become more active in the last several weeks . Buyers are once again writing offers as many sellers are getting more realistic with how they price their home for sale.  In fact, many of the short sale and bank owned properties are getting mulitple offers.  In several cities, inventory of available homes for sale is actually down to the level of a year ago and pending sales have increased. Such is the case in San Clemente and Laguna Niguel.

If you are a potential buyer or seller wanting to become familiar with the local market trends as the market offers new opportunities, Orange County community statistics can be found on one easy to use page at Orange County Communities.  You will find how many homes are…

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Laguna Beach is considered one of the most desirable beach front communities on the South Orange County, California coastal "Riviera Gold Coast" area, this is the place many desire to live. Art galleries, trendy up scale restaurants, fabulous art galleries and boutique shops are just a few of the reasons that make this an international destination and second homes to many wealthy investors.  

What's the latest in the Laguna Beach real estate market? Let take a look at why Laguna Beach is considered by many as an exclusive, luxury community with the average sales price of $3,235,216 in January 2008.

New listings in Laguna Beach increased by 33 percent comparing January 2008 to January 2007 and the number of homes that sold decreased by 31 percent.…

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The San Clemente average sales price in January 2008 dropped 13 percent compared to January 2007, bringing the average price to $941,872. The number of new listings decreased 32 percent, while sales decreased 27 percent. Meanwhile, the average market time increased 16 percent, with average market times of 116 days vs. 100 days in 2007.

San Clemente

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DOM  January  2008  131  30  $941,872  116  January  2007  193 … Read Full Post