East Costa Mesa CA has New SFR Homes Being Completed by the Builder and Available for Buyers

411 Esther Street – residence 1A floor plan at the development and has 4 bedrooms (plus a California room) and 5 baths and 3,096 SF of living space.  This home has a three car garage and listed price is $2,295,000.

 

 

 

 

417 Esther Street – residence 1B floor plan – with 4 bedrooms and 5 baths and 3,474 SF of living space.  This home has a four-car garage and list price for this home is $2,389,000.

New SFR Homes at East Costa Mesa

 

 

 

 

 

 

 

 

410 Walnut Place – a residence 2B builders floor plan – with 4 bedrooms and 5 baths and 3,474 SF of living space.  This home has a 4 car-garage and list price for this home is 2,369,000.

 

 

 

 

 

 

416 Walnut Place – a residence 1B builders floor plan – 4 bedrooms and 5 baths.  This home has 3,096 SF of living space (plus California room) and list price for this home is $2,275.000.

These new homes being completed at Esther Street and Walnut Place, East Costa Mesa, are amazing and will be the envy of home buyers in one of the most sought-after areas for buyers at Orange County CA.

This post is based upon information available from CRMLS multiple listing service.  Some images are courtesy of Bayport Homes (the owner/builder) and Grant Bixby, listing agent at Villa Real Estate.

If you like East Costa Mesa and are thinking about pursuing a real estate goal, now is the best time to act.   Please contact us for more information about East Costa Mesa and the home listing, selling and buying process – and how to best position yourself for success.

By Harrison K. Long – real estate broker, CALBRE 01410855. Realtor and professional real estate representative at HomeSmart Evergreen Realty. Contact me at 949-701-2515.

By Christi Long, real estate agent, CALBRE 01410855.  Professional real estate representing for buyers, sellers and investors since 2004.  Contact me at 949-212-5427.  REALTOR® agent at HomeSmart Evergreen Realty.  CalBRE 01438859.

“East Costa Mesa New SFR Homes being completed and available for buyers at the Walnut Horseshoe area”

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First Week of Fall Brings Special Opportunity for Home Owners and Sellers

Sunset at Crystal Cove State Beach

The first week of fall 2017 is upon us and brings sparkling weather and special opportunity for home owners and sellers.

3,116 Orange County homes were sold last month during August 2016.  Irvine continues to be the top city for home selling and had 297 homes with completed deals last month.

Home buyers at Orange County are still eager and are ready to go.

For home sellers who were priced too high and didn’t sell prior to end of summer, now is a good time for them to reconsider new pricing at real market value.

Now is a great time for sellers, because weather conditions make the home buyer task of moving somewhat easier and more attractive, which motivates buyers even more prior to the holiday season.

Home owners can also use this time during September and October to look more closely at their homes and make some positive improvements, such as cleaning gutters, removing or replacing things that change water flow around the exterior of the house, check weather stripping and seals around doors and windows, and have the roof inspected and repaired as needed after end of summer sunshine.

These basic home improvement tasks can end up saving you money on energy bills – and also help prepare your home for listing and sale to attract the best-qualified buyers.

If you are thinking about pursuing a real estate goal, now may be the time to act.

Please contact us for more information about the home listing and selling process – and how to best position yourself for success.

Thanks, and let’s get started!

Presented by Harrison K. Long, real estate broker, CALBRE 01410855. Realtor and professional real estate representative. Also an attorney member of the CA State Bar association #69137.  Contact me at 949-701-2515.

Christi Anthony Long

Presented by Christi Long, real estate agent, CALBRE 01410855. Realtor and professional real estate representing for buyers, sellers and investors since 2004.  Contact me at 949-212-5427.  REALTOR® agent at HomeSmart Evergreen Realty.  CalBRE 01438859

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32 Rainbow Falls, Irvine, CA

32 Rainbow Falls at Turtle Rock, Irvine CA 02-copy
Sought-after Turtle Rock Glen neighborhood where people treasure being very close to award-winning public schools

Windows and doorway toward back yard08-copy

Private back yard and deck

Master bedroom suite with dual vanities and separate tub/shower

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Master bedroom deck and balcony with views

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Community pathway to and from award-winning Turtle Rock Elementary School, which is a very very short distance from 32 Rainbow Falls20140914_143141

Turtle Rock Elementary School campus, which is very close to 32 Rainbow Falls

Connect with us here about 32 Rainbow Falls and Turtle Rock Irvine home selling and buying opportunities at Irvine CA.

32 Rainbow Falls is 3 bedroom and 2 bath home listed for sale at $799,000.  CRMLS multiple listing service #OC16747275

By Christi and Harrison Long, Real Estate Professionals and Realtors.  Please contact us by cell or text at 949-701-2515 – or at 949-212-5427.  CALBRE #01410855 and CALBRE 01438859.

“32 Rainbow Falls – at Turtle Rock, Irvine CA”

Posted in Home selling, Home Selling and income taxation, Irvine CA, Irvine CA real estate guide, Irvine home selling, Irvine Live, Irvine market update, Irvine real estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Turtle Rock Irvine CA Homes and Real Estate Market Update

Turtle Rock Irvine CA Homes and Real Estate Market Update

Turtle Rock Crest Irvine

Turtle Rock Crest homes at Irvine

 

51 Turtle Rock Irvine CA homes are now listed for sale.  Click here to see Turtle Rock for sale listings via CRMLS multiple listing service.

 

 

 

 

Turtle Rock Irvine real estate update

 

 

Turtle Rock homes now listed for sale include the condominium at 13 Evening Song, which has 2 bedrooms and 2 baths, and is the entry point at Turtle Rock with asking price of $639,000.

Most pricey of the Turtle Rock homes for sale is the residential estate at 16 Sunpeak, which has amazing views, about 7,000 SF of interior space (according to CRMLS), and asking price of $4,800,000.

Turtle Rock Irvine home sales during past 90 days:

  • 23 – Turtle Rock homes sold during the past 90 days.
  • $1,348,431 – average home sold price for those Turtle Rock homes.
  • 2,474 SF – average interior size of those sold Turtle Rock homes
  • $545 – average sold price per interior SF size.

Irvine CA home selling market update:

  • Irvine home sales were up 31 percent during August this year as compared with same time last year August 2015.
  • Average home selling price numbers, per SF interior sold price, and number of days on market was close to the same this year during August as compared with last year during August 2015.

Irvine CA is the top home selling city at Orange County and experienced solid numbers for the first half of 2016.

  • 1,610 Irvine homes sold during first half of this year 2016.
  • 268 – average number of homes sold each month.
  • $883,731 – average home sold price for those first six months this year 2016.
  • 1,946 sf – average interior size of Irvine homes sold during first half of 2016.
  • $9,950,000 – highest home sold price at Irvine during first half of 2016.
  • 64 days – average time on market for those sold homes.

Irvine continues to be the economy powerhouse at Orange County CA. ome selling numbers are up more than 3 percent during first half of 2016 – as compared with same time last year during first half of 2015.

Contact us here about Turtle Rock Irvine home selling and buying opportunities at Irvine CA homes.

What_is_your_Irvine_home_worth-b-By Harrison K. Long – Realtor, professional real estate representative. Real estate broker – CALBRE #01410855 – contact by cell or text at 949-7021-2515.

Source of information is CRMLS multiple listing service and is for homes represented by all brokers and agents – and does not include data for new home sales directly from the builders to the public.

See Turtle Rock Irvine CA homes for sale – click here

“Turtle Rock Irvine CA Homes and Real Estate Market Update.”  

Posted in Irvine home selling, Irvine homes, Irvine Live, Irvine market update, Irvine real estate, Listing and selling, Live at Irvine, Turtle Rock Irvine real estate, Turtle Rock market update | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Eastbluff Homes at Newport Beach Real Estate Market Update

Eastbluff at Newport Beach

Eastbluff Park and walking paths

Eastbluff Park and walking paths

 

 

Eastbluff at Newport Beach is a residential community located on the East side of the Upper Newport Back Bay and west of Jamboree Road.  Eastbluff has both single family detached homes and also the popular “Bluffs” homes – most of which are attached.

 

Easbluff with Back Bay views

Upper Back Bay views from Eastbluff homes

39 Eastbluff homes sold during second half of this year – from July 1 to December 18, 2015.

29 of those were condominium or attached single family homes – which had average sold price of $972,836.

$1,375,000 was highest sold price of a Bluffs home at 2129 Vista Entrada.

10 of those sold homes were detached single family homes – with average sold price of $1,861,000.

$3,775,000 was highest sold price of an Eastbluff Newport Beach detached home at 900 Cercis Place.

Eastbluff at Newport Beach is a very popular location for residential living and investment – Live at Newport Beach

See Bluffs homes at Newport Beach homes for sale

See Eastbluff single family detached homes for sale

Newport Beach CA is a destination for home buyers and travelers who are romanced by opportunities at Newport Harbor, Balboa Island, the canal, Newport Center, Fashion Island, Lido Island, Balboa Peninsula, the Bluffs, Upper Back Bay, Newport Heights, and beaches with amazingly beautiful surf and sand.

Balboa Island – homes now for sale

Lido Island – homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with help for property owners, investors, home sellers, trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  

CONTACT US here

Contact us at 949-854-7747 about Newport Beach CA homes and prices.

“Eastbluff Homes at Newport Beach Selling Market Update – December 28, 2015”

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7 Top Reasons to Buy a Home Now

Orange County CA people who are renting or leasing homes are also often considering to buy.

7 Top Reasons to buy now

Here are “7 top reasons to buy a home now”.

 

house in hand

First:  High Rents.  Rents are high and will go higher each year.  Unlike rent, your fixed rate mortgage payments won’t go up over time.  Your property taxes and insurance payments will increase.  However, in California we have Proposition 13, which limits the rates at which property taxes can be increased.  If you are careful to find a good home insurance policy, that might help you with good rates.

Second:  Low interest rates.  Mortgage interest rates are at historic lows now.  But the Federal Reserve is expected to increase these rates before the end of the year.  As rates go up from 4.125 percent (where they are today) to 4.3 percent and beyond, monthly payments on new mortgages will go up and purchasing power will decline.  Buying now, while you can lock in today’s low rates, can save you lots of money over the lifetime of the loan.

Third:  Equity ownership.  Rent payments are money spent and gone, but mortgage payments are investments.  With each house payment you build equity in your home.  As the interest portion of the payment declines, the principal part of the payment increases and your equity ownership goes up with that.

Fourth:  Favorable return on investment.  During temporary housing market ups and downs, real estate has experienced long-term, stable growth in value.  The average appreciation rate for median-priced homes in the Golden State has been around four percent each year for the past 15 years.  So you can invest and pay 4 percent annually and puts a roof over your head at the same time.

Fifth:  Flexibility.  The home you buy is yours.  You can decorate it to suit your tastes and remodel it for your When you decide to upsize or downsize, you can sell your home and use the proceeds as a down payment on a new replacement home.

Sixth:  Wealth accumulation.  An article in the New York Times stated that home ownership is the best way for people who have not inherited wealth to build it and that building equity in a home can be a ready-made savings plan.  And when you sell your home in California, up to $250,000 (and up to $500k if married and filing jointly) in capital gains may be excluded from federal income tax liability.

Seventh:  Long-term stability.  Home ownership has a significant positive impact on net worth, educational attainment, civic participation, and quality of life.  Buying, owning, and staying put allows you and your family make things solid for your lives, establish lasting friendships, and help realize the American Dream of home ownership.

By Christi Anthony Long.  Source of information is an article by Sherri Butterfield at the Orange County CA Association of REALTORs®. 

“7 Top Reasons to Buy a Home Now”

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Irvine CA Home Selling Giant at Orange County – Market Update

Irvine CA Home Selling Market Update – September 13, 2015

Turtle Rock Crest Irvine

Irvine is the giant at Orange County CA for home sales – while the city continues to grow with expanding population and businesses.

Irvine has some of the best and most sought after schools anywhere.

Irvine is the America’s safest city of its size (according to the FBI).

Irvine is one of the top cities in the CA and the USA for jobs and employment – with about  200,000 jobs – as compared with population (about 250,000 people).  So Irvine has more jobs than residents who are over the age of 18.

University High School Irvine

Homeowners and buyers at Irvine continue to have confidence in property values, and home selling numbers and prices reflect that.

356 – Irvine homes sold for the month ending September 12, 2015.  That’s more homes sold during any one month this year as compared with all Orange County cities.

$877,791 – average sold price of Irvine homes during the past 30 days (for time ending September 12, 2015, according to CRMLS).

655 – number of Irvine homes now listed for sale on CRMLS multiple listing service.  (This number of homes for sale is down slightly from last month, which is normal for end of summer cycle).

$1,202,000 – average list asking price of Irvine homes now listed for sale.

70 days – that time it would in theory take to sell all Irvine homes at current pace of sale.

See all Irvine homes for sale – click here

Portola Springs Irvine homes for sale – click here

Westpark Irvine homes for sale – click here

Woodbridge Village Irvine homes for sale – click here

Turtle Rock Village Irvine homes for sale – click here

Northwood Village Irvine homes for sale – click here

University Park homes for sale – click here

 

What_is_your_Irvine_home_worth-b-

By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  We provide the best professional real estate and REALTOR® representation for sellers and buyers at Irvine and Orange County CA – with focus for clients to have outstanding customer service experiences.  CALBRE #01410855.  Contact us by at 949-701-2515 by cell or text.

Posted in Home selling, Home selling guide, Irvine, Irvine CA, Irvine CA real estate guide, Irvine home selling, Irvine homes, Irvine Live, Irvine market update, Irvine real estate, Listing and selling, Live at Irvine, Market update | Tagged , , , , , , , , , , , , , , | Leave a comment

East Costa Mesa CA Home Selling Market With Solid Buying Activity

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It’s now a market that favors home sellers at East Costa Mesa CA.

Home Selling Market Update for Labor Day 2015 shows solid buyer activity.

East Costa Mesa presents real opportunity for home buyers and is one of the most popular areas for residential living and investment at Orange County CA. 

 

23 East Costa Mesa homes sold with closed deals last month – August 2015 – and average sold price for those homes was $917,637.

37 East Costa Mesa are now listed for sale with the CRMLS multiple listing service – with average list price now at $1,166,000.

27 East Costa Mesa homes are now under purchase contracts with buyers – in backup and pending status on the multiple listing service – and these have average asking prices at $982,000.

This large number of homes now under purchase contracts shows that home buyers have been very active at East Costa Mesa during the past 30 days.

Average time on market from listing to sale of homes at East Costa Mesa is now less than 2 months (the time it would theoretically take to sell all homes on the market at current pace of sales) – so East Costa Mesa is market that favors sellers.

People seek out East Costa Mesa, because of its fantastic weather, lots of sunshine, friendly and safe neighborhoods, award-winning schools, and location near Newport Beach Upper Back Bay and Newport Harbor.

Find out for free what your home is worth

 

 

See East Costa Mesa CA homes now listed for sale – click here

See Costa Mesa single level homes now listed for sale – click here

By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  We provide professional REALTOR® and broker representation for home and property owners, buyers and investors – for their best decisions about real estate.  Contact us to find out more about East Costa Mesa homes and real estate.

“East Costa Mesa CA Home Selling Market With Solid Buying Activity”

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Irvine CA Home Selling Remains Hot

Irvine CA homes and real estate market update

Irvine CA continues to lead the pack at Orange County CA for home sales.  Irvine is a robust city with jobs, a healthy economy, and receives annual awards for being one of the safest cities in America.

Turtle Rock Irvine homes

Irvine has about 230,000 residents – and 80,000 homes and private residential properties.

Irvine is one of the most sought-after areas for residential living and investment in Southern California.

Home owners and sellers get lots of attention and have high expectations and confidence in Irvine property values.

690 Irvine homes are now listed for sale with the CRMLS multiple listing service (which is more than a 30 percent increase from six months ago).  Average listing price at Irvine is now at $1,163,000.

303 Irvine CA homes are now under purchase contracts with buyers – in backup and pending status on the multiple listing service – and these have average asking prices at $859,000.

274 Irvine homes have sold with closed deals during the past 30 days (from July 24 to August 24) – and average sold price for these homes was $854,000.

According to a recent Orange County Register article, 371 Irvine homes sold during July 2015 (including resale homes, new homes and trustee sale auctions).  

Average time on market from listing to sale of homes at Irvine is now less than 3 months (that time it would theoretically take to sell all Irvine homes on the market at current pace of sales) – so it’s still a seller’s market.

People seek out Irvine, because of its award-winning schools, excellent geography, biking and hiking trails, good jobs available, and that it has some of best weather anywhere.

See Irvine CA homes now listed for sale – click here

See Irvine single level homes now listed for sale – click here 

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By Harrison K. Long.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents. We provide professional REALTOR® and broker representation and help for property owners, buyers and investors – for their best decisions about homes and real estate. Contact us to find out more about Irvine homes and real estate.

“Irvine CA Home Selling Market Update – August 24, 2015”

Posted in Irvine, Irvine CA, Irvine CA real estate guide, Irvine home selling, Irvine homes, Irvine Live, Irvine market update, Irvine real estate | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Freddie Mac Forecasts Mortgage Rates Will Slowly Rise Over Next Year

 

Mortgage Loan Rates On the Move Up

Freddie Mac (Federal Home Loan Mortgage Corporation) forecasted in July 2015 that interest rates would slowly rise over the next year, topping out at 5%.

As those rates rise, so do monthly house payments.

Freddie Mac's July 2015 interest rate outlook, 8-16-2015

Look at more detail on the numbers.

Moving from 4.125% (where mortgage rates are today) to 4.3%, their end of 2015 prediction, may seem like an insignificant change in the monthly payment, but it might be just the beginning.

For a detached median priced home at Orange County CA, it’s only a $672 increase each year; and for the median priced condominium, it’s only a $396 increase.

Remember that interest and mortgage rates will slowly rise.  As they do, before you know it, everybody will be talking about 5% interest rates as the new normal.  At 5%, the detached median sales price of an Orange County home now has a monthly payment that is $284 more than today’s payment.  That is a difference of $3,408 each and every year.

Locking in a mortgage rate today is like getting a free vacation every year for 30 years.

At 5%, the median sales price condominium has a monthly payment that is $170 more than today’s payment. That’s an extra $2,040, still a pretty considerable chunk of change.

By Harrison K. Long, Real estate broker, professional real estate representative, and Realtor, Orange County CA – CALBRE 01410855.  Source of some information for this article is Steven Thomas and his ReportsOnHousing.com.

Posted in Mortgage and home loans, Orange Count home buying, Orange County home selling, Orange County home values, Orange County real estate | Tagged , , , , , , , , , , , , , , , , | Leave a comment