February 2014

There are 15 blog entries for February 2014.

Many sellers debate whether or not to use a Realtor when selling their Orange County home. Now there are cold, hard facts to help you make this determination.

Latest statistics show the typical For Sale By Owner home sold for $43,000 less than homes sold with the assistance of a Realtor.

The average FSBO home sold for $184,000 while homes sold with a Realtor sold for $230,000.

pays to use realtor

 Curious what price your home would sell for? Find out here!

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In January, the number of properties that received a foreclosure filing in San Clemente, CA was 26% higher than the previous month and 33% higher than the same time last year, according to RealtyTrac.com.

San Clemente CA Foreclosure Trends

In January 2014, Pre-foreclosure activity increased 175.0% compared to the previous month and increased 450.0% from the previous year. Auctions were the same as the previous month and dropped 33.3% from the previous year. Bank-owned properties decreased 28.6% from the previous month and increased 25.0% from the previous year.

san clemente foreclosure

San Clemente CA Foreclosure Status

Pre-foreclosures accounted for 45.8% of foreclosure activity in January 2014, Auctions 33.3% and Bank-owned properties 20.8%.

san clemente foreclosure



San Clemente CA

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In January, the number of properties that received a foreclosure filing in Orange County, CA was 7% higher than the previous month and 25% lower than the same time last year, according to RealtyTrac.com.

Orange County CA Foreclosure Status

Pre-foreclosures accounted for 52.7% of foreclosure activity in January 2014, Auctions 29.3% and Bank-owned properties 18.0%.

status-jan2014_360
 



Orange County CA Foreclosure Geographical Comparison

Orange County CA foreclosures were the same as national statistics and 0.2% below state figures in January.

orange county foreclosure


Orange County CA Foreclosure Activity

Pre-foreclosure activity increased 10.3% in January compared to the previous month and increased 47.0% compared to the

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The IRS has three changes to your 2013 tax filings you'll want to lnow about, including a new safe harbor for calculating your home office deduction and a higher per-mile business travel deduction.

This video is directed towards real estate agents but applies to anyone working from a home office. Take a look...



Need a home office? Click here to find a house that suits your needs!

Or, contact us anytime for help!

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The San Clemente Real Estate Report below reflects the number of resale single family residences and condos as well as new homes selling in San Clemente. Also reflected is the % of change from 2013.

San Clemente Real Estate Market Trends - January 2014

San Clemente

Median
Price

Change From
2012

Homes
Sold

Change From
2012

San Clemente - 92672

$725,000

+18.9%

24

 -31.4%

San Clemente - 92673

$745,000

+14.6%

32

-5.9%

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The Orange County CA Real Estate Report below reflects the number of resale single family residences and condos as well as new homes selling in Dana Point, Laguna Beach, Laguna Niguel, Mission Viejo, San Clemente and San Juan Capistrano. Also reflected is the % of change is from the same month last year.

Orange County CA Real Estate - January 2014

Orange County Community

Median
Price

Change From
2012

Homes
Sold

Change From
2012

Dana Point - 92624

$700,000

+8.4%

7

+0.0%

Dana Point - 92629

$736,750

+19.8%

21

 -22.2%

Laguna Beach - 92651

$1,225,000

-13.9%

 24

 -7.7%

Laguna Niguel - 92677

$722,500

+37.6%

56

-16.4%

Mission Viejo - 92691

$540,000

+8.5%

41

-19.6%

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The rent vs. buy decision often is a lifestyle choice and a matter of timing. While mortgage rates are rising, most mortgages have a fixed interest rate, so payments are stable and long-term values grow, which is an investment consideration for potential buyers. Renorange county apartment rentts tend to trend up, and are expected to rise in 2014, but landlords are responsible for all maintenance costs. While owning a home comes with yard work, repairs and insurance costs, there are also significant tax benefits available to homeowners.

Average apartment rents for Orange County have spiked with housing price growth, typically $60 more on average for 2013 each month compared to the previous year’s equivalent average. Average rental rates for

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The busy spring selling season in Orange County will soon be upon us. You may be contemplating what home improvement projects to tackle either for your own enjoyment or for increasing your home's selling price. Regardless of your current motivation, you'll want to be leary of improvements that won't increase the value of your home.

Here are 5 Home Improvemtne Projects to Avoid:

home improvement projects 

1. Gourmet kitchen with high-end accessories.  You don't want to be 'cheap' about it, but too much cutomization in a kitchen turns buyers off.

2. Home office remodeling. Even though home offices are popular, you will only get approximately 46% on your investment.

3. Whirlpool tubs. Buyers my 'ohhh and ahhh' but they won't pay extra for a jetted tub.

4. Garage additions.

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DREAM YARD in the Monterey Neighborhood of Talega in San Clemente.

Situated on a double cul-de-sac this Gorgeous home has it all!! HUGE yard with fireplace and built in BBQ not to mention park like setting is the perfect place for you to entertain family and friends. Living room looks out to the beautiful and spacious side yard, dining room opens up to courtyard with cozy fire pit and family room and kitchen look out to the private oasis. Kitchen has granite counter tops and stainless steel appliances. Downstairs Bathroom is newly remodeled with STUNNING stone and granite finishes. NEW hardwood has just been installed on stairs and entire second level. Home has downstairs bedroom, 2 spacious upstairs secondary bedrooms, Upstairs laundry room and…
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There are potential lead-based paint hazards, especially for children under 6 and pregnant women, in homes constructed before 1978.

 
If you are selling a house built before 1978, you must comply with a federal law called the Residential Lead-Based Paint Hazard Reduction Act of 1992, also known as Title X. You must:

  • disclose all known lead-based paint and hazards in the house
  • give buyers a pamphlet prepared by the U.S. Environmental Protection Agency (EPA) called Protect Your Family from Lead in Your Home
  • include certain warning language in the contract as well as signed statements from all parties verifying that all requirements were completed
  • keep signed acknowledgements for three years as proof of compliance, and
  • give buyers a
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