East Costa Mesa CA New Homes for Sale at Walnut Horseshoe Area

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.

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

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Home Buyers Should Always Consider Before Buying

Lido Isle homes

Home buyers should always consider before buying some basic elements of due diligence.

Buyers sometimes get caught up in the romance of experience and don’t pay enough attention to the most important things.

 

 

1.  Look and feel of the neighborhood (during the day and also during the night).

Seeing the house at different times during the day and night gives you as buyer an understanding of what’s really going on in the neighborhood.  When you stroll your street at night, you’re not just looking for danger.  This community can change and become more or less quiet when everyone is home from work and school.

2.  Safety elements for people in the neighborhoods.

See whether there is access for fire department and police officer vehicles to this home?

3.  The daily commute to and from work (in miles and minutes).

Check out where gridlock or other traffic problems can arise after a test of the roads and highways.

4.  The CC&Rs (codes, covenants and rules of living at the community association).

Find out whether the home is located in a community with a homeowners association, buyers need to get a copy and read about the conditions, covenants, and restrictions.  These will regulate what you can and cannot do with your property.

5.  Whether there are any rental restrictions for this home.

What if any are the city or HOA restrictions on possible short term rental or marketing of the home on an Airbnb type of platform.

6.  Size of the lot and interior of the home.

Find out detailed information from the agents and Realtors involved, know this and not be surprised after escrow closing to learn that the house and lot are smaller than expected.

7.  Need for special property specialty inspections

While a home inspection is a must, most inspectors are generalists who will check for mechanical systems, structural concerns, or possible contamination.  If the property has complex systems, such as septic systems, sewers, wells, or solar panels, that should be evaluated by a specialist.

8.  Features of the home that can’t be changed

Find out whether elements of the home can be reasonably changed (such as location, lot, power lines, and floor plan, valuable lot or not, power lines overhead, sewer system).  Much of a home’s perceived value comes from these factors.

9.  Home value in current market.

Home buyers should get this best and most recent comparative market value information for this home from their Realtors and learn about market trends and how that might impact this specific home – and what are positive elements that will help you sell the home in the future.

10.  Is there room to grow?

To make a home a wise investment, buyers need to be careful and then stay put for several years. That’s why buyers should be careful about what they need in the future.  Will somebody be working from the home?  Quiet space that can serve as a home office and might be important. If you’re thinking of starting a family, consider where the baby will sleep — and if your yard will fit a swing set or if there are nearby parks.

While you don’t want to buy more house than you can afford, you don’t want to outgrow the house too soon.

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.  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.

Source of some information for this post is an article at Realtor.com, August, 2017. 

“Home Buyers Should Always Consider Before Buying”

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First Week of Fall 2017 Brings Special Opportunity for Home Owners and Sellers

Sunset at Crystal Cove State Park and 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.

Posted in Coast Living Homes, Laguna Beach real estate, Newport Beach REALTOR®, Newport Coast CA, Newport Coast Property Values, OC home value guide, OC Property news, Orange County home selling, Orange County Property News, Orange County real estate | Tagged , , , , , , , , , , , , , | Comments Off on First Week of Fall 2017 Brings Special Opportunity for Home Owners and Sellers

East Costa Mesa CA is Famous for Single Level Homes

East Costa Mesa single level homes

East Costa Mesa CA is famous for its single level ranch style homes and opportunity for buyers and investors.

26 East Costa Mesa single level homes are now listed for sale on CRMLS multiple listing service – click here. 

 

East Costa Mesa single level home

13 single level homes at East Costa Mesa are now under purchase contracts or pending at CRMLS.

4 single level homes at East Costa Mesa were sold with closed escrows during the past 30 days – see information here.

 

 

70 single level homes at East Costa Mesa have sold so far this year – see information here.

East Costa Mesa single level home on Walnut

Source of information for this post is CRMLS multiple listing service and is for East Costa Mesa single level homes listed and sold by all brokers and agents.

Contact us about East Costa Mesa and ORANGE COUNTY CA homes and information for the home selling and buying process. 

Real estate information is presented by Harrison K. Long – Professional real estate representative and REALTOR®.  Real estate broker – CALBRE #01410855.  Broker associate, HomeSmart Evergreen Realty, Irvine, CA.  Also an attorney member of CA State Bar Association #69137.

Providing buyers, sellers and investors with the best up to date information and customer service real estate experience at Orange County CA.

“East Costa Mesa is famous for single level homes”

#EastCostaMesaRealEstate #SingleLevelHomes #CostaMesaHomes

Posted in Costa Mesa home values, Costa Mesa homes, Costa Mesa Live, Costa Mesa real estate, East Costa Mesa, OC Property news, Orange County home selling, REALTOR®, Single level homes | Tagged , , , , , , , , , , , , , , , , , | Comments Off on East Costa Mesa CA is Famous for Single Level Homes

Home Loan Rates Still Amazingly Good at Orange County CA

Home loan mortgage rates still excellent at Orange County CA – July 7, 2017

 

Source of these home loan rates information is: 

Jim Power
United American Mortgage Corporation
19782 Macarthur Blvd, Suite 250
Irvine CA, 92612
Phone: 949-295-6014
jpower@uamco.com
NMLS # 260926
BRE # 01027174
BRE # 00976701

Posted in Getting Qualified, Home buying, Home buying guide, Home loan rates, Live at Irvine, Live at Orange County, Mortgage lending, Mortgage loan rates | Tagged , , , , , , , , , , , | Comments Off on Home Loan Rates Still Amazingly Good at Orange County CA

Surprisingly Low Home Loan Rates are Still Available at Orange County

Amazingly low home loan rates are still available for buyers and those who want to refinance at Orange County CA.  

Source of these home loan rates information is: 

Jim Power
United American Mortgage Corporation
19782 Macarthur Blvd, Suite 250
Irvine CA, 92612
Phone: 949-295-6014
jpower@uamco.com
NMLS # 260926
BRE # 01027174
BRE # 00976701

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27 Homes Listed for Sale That Are Priced Under $500k at Irvine Real Estate

Watermarke Irvine homes

Irvine CA has 27 homes now listed for sale that are priced under $500k – click here for information.

Home buyers should take advantage of these Irvine home opportunities now during summer months.

Irvine has about 265,000 residents now and is the economy powerhouse at Orange County with jobs and employment – and continues to be the top home selling city in the county.

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

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

We will provide the best customer service experience for you as sellers, buyers, and investors.

Presented 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®.

Have questions?  Contact us by cell or text at 949-701-2515 for Irvine home selling and buying information.

“Irvine CA Has 27 Homes now listed for sale at less than $500k.”

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Orange County CA Home Selling Market Update – April 24, 2017

OC Property NewsOrange County Home Selling Market Update is Hot at Price Range Up to $1 million.

What is your home worth?

What is your home worth in today’s market?

Active listing inventory of Orange County homes for sale increased by 5% recently and now totals 5,263 homes currently listed for sale.

Price range below $500,000 is slowly disappearing.  There are 40% fewer homes on the market below $500,000 compared to last year at this time – and demand is down by 25%. Fewer and fewer homes and condominiums are now priced below $500,000.

Orange County home buying market demand – the number of pending home sales over the prior month – is stable.  Current market is now close to 3,000 pending sales – a sign that the hottest time of the year has arrived.

The average Orange County home price of pending sales is $895,476.  The average list price for all of Orange County homes remained at $1.6 million, and this high number is because of mix of homes in luxury ranges that are priced incorrectly and sit on the market too long.

Orange County Great Park balloon

  • For homes priced below $750,000, the market is HOT with an expected market time of just 33 days. (This range represents 37% of the active inventory and 59% of demand).
  • For homes priced between $750,000 and $1 million, the expected market time is 49 days, a seller’s market (less than 60 days, and this range represents 19% of the active inventory and 21% of demand.
  • For luxury homes priced between $1 million to $1.5 million, the expected market time is at 84 days.
  • For homes priced between $1.5 million to $2 million, the expected market time is 116 days.
  • For luxury homes priced above $2 million, the expected market time is at 189 days.
  • The luxury end, all homes above $1 million, accounts for 44% of the inventory and only 20% of demand.
  • The expected market time for all homes in Orange County is at 53 days and is a solid seller’s market (where it is less than 60 days).

Orange County home selling market time is expected to slowly rise throughout the Spring and Summer Markets, moving from a deep seller’s market to a slight seller’s market.

There were 2,792 closed Orange County homes sales in March 2017, a 49% increase over February 2017 and a 9% increase over March 2016 – and 97% of all home sales were equity sellers.

CONTACT US

Contact us for more information about ORANGE COUNTY CA homes and information for the home selling and buying process. 

By Harrison K. Long – Professional real estate representative and REALTOR®.  Real estate broker – CALBRE #01410855.  Broker associate, HomeSmart Evergreen Realty.  Honored as “REALTOR® of the Year 2016” by the Orange County REALTORs®.  Also an attorney member of CA State Bar Association #69137.

Source of some information is ReportsOnHousing.com and is for homes sold by all brokers and Realtor agents.  We provide the best up-to-date Orange County real estate market information for friends and clients.  Contact us for more information by cell or text at 949-701-2515.

“Orange County CA Housing Market Update – April 24, 2017”

Posted in Home selling guide, Housing market update, Market update, OC home value guide, OC Property news, Orange County home selling, Orange County Property News, Orange County real estate | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off on Orange County CA Home Selling Market Update – April 24, 2017

St. Patrick’s Day Orange County Housing Market Update

Happy St. Patrick’s Day

Orange County CA Housing Market update – March 17, 2017

Current Orange County housing market is hot with very low inventory and big-time buyer demand.

A driving force for buyers is to jump on today’s historically low interest rates before they rise again.

Securing a low rate now allows buyers to get more house for their money.  As the economy continues to improve, mortgage rates go up.  For buyers interested in cashing in on today’s low rate environment, the window of opportunity is closing.

Orange County homes for sale listing inventory increased by 111 homes in the past couple of weeks (a 2% rise) and now totals 4,571.

There are 11% fewer homes that have come on the market for sale so far this year compared to 2016.

The inventory of homes for sale is expected to start to go up as the market transitions into the spring – and will most likely peak in mid-August.

Market demand (the number of pending sales at Orange County over the prior month), decreased by 3% in the past couple of weeks, dropping by 75 and now totals 2,576.  Today’s demand is 4% lower than last year when it totaled 2,671. The average pending price is $823,575.

  • The average list price for all of Orange County is $1.7 million, and this high number is due to large number of homes for sale in the luxury ranges that sit on the market – and also recent influx of luxury listings.
  • For homes priced below $750,000, the market is hot with an expected market time of just 31 days – and this range represents 37% of the active inventory and 64% of demand.
  • For homes priced between $750,000 and $1 million, the expected market time is 55 days, a seller’s market (less than 60 days). This range represents 19% of the active inventory and 19% of demand.
  • For luxury homes priced between $1 million to $1.5 million, the expected market time is at 87 days.
  • For homes priced between $1.5 million to $2 million, the expected market time increased is 133 days.
  • For luxury homes priced above $2 million, the expected market time increased and is now at 252 days.
  • Luxury homes above $1 million account for 44% of the inventory of homes for sale and only 17% of market demand.

Orange County Great Park balloon

The expected market time for all homes in Orange County increased slightly in the past couple of weeks from 50 to 53 days, and it’s still a solid seller’s market.

Foreclosures at Orange County in February accounted for just 1.2% of all closed sales and short sales accounted for 1.9% – so 96.9% of all home sales were equity sellers.

 

CONTACT US

Contact us for more information about ORANGE COUNTY CA homes and information for the selling and buying process. 

By Harrison K. Long – Professional real estate representative and REALTOR®.  Real estate broker – CALBRE #01410855.  Broker associate, HomeSmart Evergreen Realty.  Honored as “REALTOR® of the Year 2016” by the Orange County REALTORs®.  Attorney member of CA State Bar Association #69137.

We provide the best up-to-date Orange County real estate market information for friends and clients.  Source of some information is ReportsOnHousing.com and is for homes sold by all brokers and Realtor agents.  Contact us for more information by cell or text at 949-701-2515.

“Orange County CA Housing Market Update – March 17, 2017”

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U.S. Federal Reserve Raised Lending Rates Again Today

The U.S. Federal Reserve raised rates today for 2nd time in three months.

Click here to see article published by the Federal Reserve accordingly today. 

We expect that mortgage and home loan rates will be bumped up within the next two days.  However, many lenders were expecting this and already hedged their home lending rates up in anticipation.

Question is what impact this increasing of lending rates will have on mortgage home loan rates and on home buyers at Orange County CA – and especially first time home buyers.

Contact us by cell or text at 949-701-2515 about information for process of your Orange County CA home selling or buying.

By Harrison K. Long, Professional real estate representative and REALTOR®,  HomeSmart Evergreen Realty.  Recently honored as “REALTOR® of the Year 2016” by the Orange County REALTORs®.  Representing sellers, buyers and investors.  Real estate broker CALBRE #01410855.  Currently serving as an appointed director at the California Association of REALTORs®.  

CONTACT US hereSource of information for this article is the article published by the Federal Reserve.

“U.S. Federal Reserve Raised Lending Rates Again Today”

 

Posted in Home selling guide, Mortgage lending, Mortgage loan rates, OC home value guide, OC Property news | Tagged , , , , , , , , , , , , , | Leave a comment