New SFR Homes at East Costa Mesa CA Information Presents Opportunity for Buyers

New SFR Homes at East Costa Mesa CA Information Presents Opportunity for Buyers

East Costa Mesa CA has 4 new single family homes being completed by the builder Bayport Homes, which are available for buyers at Esther Street and Walnut Place (the Walnut Horseshoe area).

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.

New SFR Homes at East Costa Mesa CA Information Presents Opportunity for Buyers

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Irvine CA Housing and Home Selling Market Update

Irvine CA Housing and Home Selling Market Update

Irvine CA Housing and Home Buying Market Expands

Beacon Park homes, Irvine

Irvine CA housing market expands with more listings of homes for sale and buyer opportunities. 

Irvine now has 512 homes listed for sale according to multiple listing service as of Mary 19, 2017 (an 8 percent increase in listings during the past 30 days – since April 19 – and a 20 percent increase over the past 60 days).

Turtle Rock Village Irvine

Irvine’s home selling market has favored sellers for the past 8 years with big equity increases, and this sellers market continues with solid buyer demand.

512  Irvine homes are now listed for sale – click here for information about current Irvine listings.

How can we help you with Irvine homes?

How can we help you with Irvine homes?

Connect with us here about Irvine home listing and selling process and learn what your home is worth in today’s market.

By Harrison K. Long – REALTOR® and professional real estate representative. Real estate broker – CALBRE #01410855. Honored as “Orange County REALTOR® of the Year 2016” by the Orange County REALTORs®.

Source of information for this article is CRMLS multiple listing service and is for homes represented by all brokers and agents.

Our goal is to provide the best customer service experience for sellers, buyers, and investors.  Now is a wonderful to be a home seller or buyer at Irvine.  Contact us by cell or text at 949-701-2515 for Irvine home selling information and strategy.

“Irvine CA Housing and Home Buying Market Expands”.

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Lido Isle Homes at Newport Beach – 223 Via Eboli

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Lido Isle is a mile-long strip of land situated in Newport Bay, surrounded by the city of Newport Beach and accessed by the Lido bridge from Balboa Peninsula.

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Lido lsle was just a Newport Harbor sandbar in 1906.  In 1923, an extensive dredging process raised the sandbar 11 feet above the hightide line and a Master Plan was developed.

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Envisioning a Mediterranean resort theme, streets were named after famous cities, including Barcelona, Genoa, Nice and Eboli.

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Special feature of the island is the garden-like pedestrian walkways known as “stradas” that parallel the streets between homes and encourage neighborly walking and socializing.

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Spanish clay tile roofs reflect the Mediterranean flair, though the neighborhood features a range of architectural styles, from Cape Cod to contemporary custom homes.

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85O homes and residential properties are on Lido lsle, and some are situated on the Bayfront, commanding impressive views of Newport Harbor.

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Detached single family homes located on the interior “Via” streets are modestly priced and very popular with home buyers.

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223 Via Eboli is a single level classic Lido style home with two bedrooms and two baths.

Click here to see more information and photographs. 

CRMLS multiple listing service #OC16718800

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

“223 Via Eboli – Lido Isle home for sale Listing at Newport Beach CA”

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Best Low Price and Value for SFR Home Now at Tustin CA – 13621 Fairmont Way

13621 Fairmont Way home

13621 Fairmont Way home

Best Price and Value for a large single family home now on the market at Tustin CA – 13621 Fairmont Way

13621 Fairmont Way - marketing Flyer, 6-23-2016

 

13621 Fairmont Way offers true homebuyer value opportunity!

Kitchen big enough for 3 cooks at the same time

Kitchen big enough for 3 cooks at the same time

 

Dining room opens to back yard

Dining room opens to back yard

Detached SFR home with 4 bedrooms and 2.5 baths – 2,848 SF of interior living space.

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$789,000 list price – which is less than $280 price per SF interior size.

Huge kitchen opening towards back yard

Huge kitchen opening towards back yard

Expansive kitchen opens toward back yard.

Huge lot at 7200 SF size

Huge lot at 7200 SF size

Huge lot at 7,200 SF size – Private back yard for family fun activities, gatherings and entertaining.

Open house house for visitors on Saturday afternoon, June 25, 2016

Contact us by cell or text at 949-701-2515 for home showings and more information.

Harrison K. Long, Realtor and agent for seller – professional real estate representative and real estate broker CALBRE #01410855 – Broker associate at HomeSmart Evergreen Realty, Orange County, CA.

MLS #OC16091373 – $789,000

“Best Price and Value for SFR Home on the Market at Tustin CA”

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7 Top Reasons to Buy a Home Now

“7 Top Reasons to Buy a Home Now” – Orange County CA people who are renting or leasing homes are very 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 Harrison K. 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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Turtle Rock Irvine CA Real Estate Update

Turtle Rock Crest

Turtle Rock village at Irvine CA has about 3,500 homes and is one of the most sought after areas for residential living and investment at Orange County.

Turtle Rock home owners and sellers continue to have high expectations and significant confidence in values.

44 Turtle Rock homes are now listed for sale with the CRMLS multiple listing service (which is more than a 100 percent increase from six months ago).  Average listing price at Turtle Rock is now at $1,285,000 (which is about the same as six months ago).

Explore Turtle Rock

15 Turtle Rock homes are now under  purchase contracts with buyers – in backup and pending status on the multiple listing service.   These homes have average asking price for these homes at $1,342,000.

12 Turtle Rock homes have sold with closed deals during the past 30 days – which is about the same rate of sales as compared with six months ago.  Average sold price for these homes was $1,372,000.

Average time on market from listing to sale of homes at Turtle Rock Irvine is now less than 4 months (that time it would theoretically take to sell all Turtle Rock homes on the market at current pace of sales).

Home seekers and buyers at Turtle Rock Irvine now have good choices and improved opportunities as compared with six months ago.

People love Turtle Rock village at Irvine, especially because of famous and award-winning schools, wonderful geography, biking and hiking trails, location near UC Irvine, and that it has some of best weather anywhere.

See Turtle Rock Irvine CA homes now listed for sale – click here

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 Turtle Rock Irvine homes and real estate.

“Turtle Rock Irvine CA Real Estate Update”

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California Homeowners Should Be Careful About Solar Panel Lease Decisions

Solar panel leasing

Why it’s important that homeowners in CA be careful with solar panel lease situations and know the facts before making decisions – (Part One)

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Orange County CA Home Buying Demand Jumps

The Orange County CA housing market has shifted with sudden jump in buyer demand.

IMAG0223 (Large)_optDuring the past month from January 15 to February 15, 2015, buyer demand has increased by 64%.

After the first month of 2015, it looked like this year would be similar to 2014.  However, the market shifted with greater buyer demand during the past month.

Orange County Property NewsHome buyer demand increased by 566 pending sales in the past two weeks and now totals 2,619.   This two week surge was the largest increase since February 2012.  Last year at this time demand was at 2,381 pending sales, 9% fewer than today.  As a result of the rapid increase in demand, the expected market time dropped to 62 days from 78 just two weeks ago, pushing housing deeper into a seller’s market.

Something changed, and the big difference is cheaper money in the form of low interest rates.  Low interest rates are fueling housing demand and, as a direct result, the Orange County housing market has blasted off.

Today’s rates are a half a point cheaper than a year ago.  For a jumbo conforming loan, loans between $417,001 and 625,500, rates are at 4% versus 4.5% a year ago. For the median priced home in December 2014, $591,000, and a 20% down payment, a buyer is looking at a monthly mortgage of $2,257 at today’s rate, versus $2,396 at 4.5%.  That’s a savings of $139 per month, nearly $1,700 per year, or $50,000 over the 30-year term.

Buyers are making wise choices to pull the trigger now – to buy now because rates are cheap and are down to historical lows.

Current home loan interest rates are low, because they have been artificially pushed down by the Federal Reserve for years.  The Federal Fund rate has been kept at nearly zero since December 2008.  They have hinted at raising these rates.  When short term rate increases, long term rates, home mortgages, will soon follow.

Prior to the recession of 2007 to 2009, mortgage rates were about 6.5%.  For the December median sales price home, that’s an extra $731 per month every single month.  In 2000, rates were at 8%, or an extra $1,212 per month.  In 1990, rates were at 10%, and in 1981 they reached 18%.

Today’s rates are unbelievably low – and smart buyers will take advantage of this gift compliments of the U.S. government.

It’s likely that the FED will keep rates in the low to mid-five-percent range within the next couple of years.  That difference in monthly payments will put a dent in buyers’ pocketbooks and their monthly budgets.  Cashing in on low rates today means more disposable income.

Many Orange County CA buyers will continue to look to pay the Fair Market Value for a home this year.   From the official start of spring at the end of March, through the start of summer at the end of June, more homes will come on the market than any other season.  Home selling success will be determined by value and correct seller pricing.

 

By Harrison K. Long, professional real estate representative, Realtor, real estate broker, and professional real estate representative at Orange County CA.  Source of some information is ReportsOnHousing.com and CRMLS multiple listing service. 

Coldwell Banker residential brokerage

Professional real estate agent and broker representation – with help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Contact us at 949-854-7747 with your questions about home prices and values at Orange County CA cities and areas with Home Selling and Real Estate market updates.

“Orange County CA Housing Demand blasts off.”

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Ladera Ranch CA January 2015 Home Selling Market Update

Ladera Ranch is an exciting area for residential living and investment – located in the foothills of South Orange County CA near Saddleback.

Ladera Ranch was developed with most homes built between 1995 and 2005.

It’s divided into nine residential “villages” –  Oak Knoll Village, Bridgepark, Flintridge Village, Township, Wycliffe Village, Echo Ridge Village, Avendale Village, Terramor Village, and Covenant Hills Village.

Buyers were busy at Ladera Ranch last year 2014 when 532 homes were sold – with average sold price of $727,341.  This includes range of homes from comfortable one bedroom condos to expansive estate homes in Covenant Hills.

2015 started well for Ladera Ranch home sellers who priced according to value  and compared to what other homes in the area have sold for.  Average selling price of all Ladera Ranch homes continues to be about $720,000.

Source of information is CRMLS multiple listing service and is for homes sold by all brokers and agents.

By Harrison K. Long, real estate broker, Realtor, professional real estate representative and attorney at Orange County CA.

Coldwell Banker residential brokerage

 

 

We provide professional real estate agent and broker representation – help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  

Contact us at 949-854-7747 with your questions about home prices and values at Orange County CA cities and areas with Home Selling and Real Estate market updates – Ladera Ranch CA Home Selling Market Update.

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Huge News for Orange County CA Homebuyers Mortgage Rates Stayed Down

Purchase money lending

Fantastic news for homebuyers is that home loan mortgage rates at Orange County CA went down big-time during 2014 and stayed down.

4.5% was the average rate on a 30-year fixed loan offered by lenders one year ago today –  see article from that time –Mortgage rate watch report for December 28, 2013.

Average payment on a $417k conforming loan one year ago was $2,113 per month.

3.75% is the average rate offered by lenders on a 30-year fixed loan at Orange County today on December 29, 2014 (for those who qualify) –  see article –Mortgage rate watch report for December 28, 2014.

Average payment on that same $417k loan is now $1,930 per month (for those who qualify).

So a monthly payment on that $417k loan now will save a homebuyer $183 per month as compared with same time last year.

What this means is that prospective homebuyers should get organized, qualified or pre-approved with a lender, and move forward with decisions to buy now!

Coldwell Banker residential brokerage

 

 

By Harrison K. Long, Realtor, real estate broker, and professional real estate representative at Orange County CA.    

Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Contact us at 949-854-7747 with your questions about home prices and values at Orange County CA cities and areas with Home Selling and Real Estate market updates.

Posted in Explore the OC, Listing and selling homes, Mortgage and home loans, OC property value guide, Orange County CA, Realtors | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment