March 2009 RSS Feed

Dana Point real estate sales dropped 66.7 percent in February compared to February 2008 in the 92624 zip code (Capistrano Beach). The median price of homes sold was $405,000 in February, a 68.2 percent decline from February 2008. Dana Point (Capistrano Beach area)- 92624 Homes Sold: 3 -66.7% from 2008 Median Price:  $405,000 -68.2% from 2008 Real estate sales in Dana Point's 92629 zip code increased 13.3 percent from 2008 with 17 homes sold. The median prices of $685,000 was a 6.2 percent increase from February 2008. Dana Point - 92629 Homes Sold: 17 13.3% from 2008 Median Price: $685,000 6.2% from 2008 Figures reflect sales of single family homes, condos, as well as new homes. For more complete information, visit Dana Point Market Update If you…

San Clemente will be turning lights off in city offices and all non-essential power at 8:30 this evening for one hour in support of the third annual ‘Earth Hour.’ We will be one of 2,500 cities from 82 countries participating worldwide in support of a call to action to address global climate change.

“It’s an opportunity for us to cast our vote for action on climate change,” said Gary Headrick, founder of San Clemente Green and the person responsible along with his wife Laurie for getting San Clemente involved with Earth Hour. “Last year we had more than 100 people join us; this year I think it’ll be much bigger.” Earth Hour started three years ago in Sydney, Australia, and has grown into a global event. The World Wildlife Federation (WWF) has become…

San Clemente Median Price and Inventory update

Want current, real time market statistics by any Orange County city? Get up to date market statistics so you can make informed decisions about the real estate market. View example San Clemente single family homes and condo price, inventory and days on market here.

San Clemente Market Statistics
San Clemente Single Family and Condominium

At a glance Market Conditions

Request your weekly Real-time Market Profile by any Orange County city emailed direct to you. The comprehensive Profile shows you not only pricing and market numbers, but also trends for…

Data Quick has released the San Clemente real estate sales statistics for February 2009. Statistics include resale single family home, condos, as well as new homes.

Zip Code	Median	% Change	Sales	% Change
92672	$575,000	0.%	22	144.4%
92673	$687,500	-13.5%	25	-16.7%

Statewide, an estimated 29,225 new and resale houses and condos were sold last month.…

Mortgage rates hit record lows this week when the Federal Reserve announced its latest effort to aid the sufffering nationwide real estate market. Currently rates are just under 5 percent and many analysists predict they will go even lower. Low interest rates along with moderate home prices will most likely shake loose some home bueyrs who have been sitting on the fence and waiting to get the best deal when buying their Orange County home. If you are one of these buyers, below are tips to help you with your Orange County home search:

1. Do your research. Decide what features you want most in a home, what neighborhoods you prefer and how much you want to spend.

2. Be realistic. It's OK to be picky, but there is no such thing as a perfect house. Keep your…

The Third Annual San Clemente Times 2008 Best of San Clemente, "People's Choice Ole Awards" are awarded based on votes from the locals from online polling, faxes and mailed ballots.  It is recognition to the very best businesses and local favorites. Whether looking for donuts, bagels, a great place to dine, jewelry, sandwiches or the perfect gift, check out the list and place your vote next year.

The complete Best of San Clemente list can be viewed, downloaded and printed by visiting  San Clemente Times 2008 Ole Awards. 
(Complete list and picture above courtesy of San Clemente Times)

For the latest local news and more local San Clemente information you can use, visit San Clemente Times.

Let us know about your favorite local San Clemente business by…

Scam artists often target San Clemente homeowners who are in distress situations and are struggling to make their mortgage payments. Watch out for the following foreclosure resuce scams:

• Lease-Back or Repurchase Scams – Be very suspicious if someone offers to pay your mortgage and rent your home back to you.  This scheme often involves signing the deed to your home over to the con artist.  The con artist may promise to sell your home back to you, but this may be very difficult, if not impossible, under the terms of the contract.

  Signing over the deed gives the con artist the power to evict you, raise your rent, sell the house, or steal the equity you have in your home.  You will still be responsible for your mortgage, so if the con artist…

April 15, Tax Day, is only a few short weeks away. Being an Orange County homeowner qualifies you for a number of deductions on your federal return. Read the 2008 guideline from Turbo Tax.

You can deduct:

• Your property taxes. And if you bought the home in 2008, you may be able to deduct more than you think. Don’t forget to include real estate taxes you reimbursed the seller for – taxes the seller had already paid for the time you actually owned the place after your purchase. That amount will be shown on the settlement sheet.
  
• Property taxes for taxpayers who don't itemize. New for tax year 2008, if you do not itemize deductions for 2008, you can increase your standard deduction by up to $500 of real estate taxes paid in 2008 if you file as a single…

San Juan Capistrano Real Estate Sales Statistics

Similar to our other Orange County communities, San Juan Capistrano real estate sales increased 69 percent in January compared to January 2008, but prices were down 55 percent. New listings were also down by 11 percent and market times were down 20 percent.

January 2009

New Listings:  70
Sold Listings: 27
Average Sales Price:  $427,033
Days On Market:  109

January 2008

New Listings:  79
Sold Listings: 16
Average Sales Price:  $943,923
Days On Market:  109

If you are considering buying San Juan Capistrano real estate, now is an excellent time. Moderate prices, historically low interest rates, and an abundance of inventory make the perfect real estate storm.

View all San Juan Capistrano homes for sale by…

The San Clemente Carnival coming on April 17th through April 19th, 2009 will help build future Sports Fields and Pools. The Carnival take place the La Pata / Vista Hermosa Park site and includes live music, rides, games, bounce houses and food.  A portion of the proceeds raised will benefit the construction of the future Sports Park and Aquatic Center at the Carnival location. (See 2010 update and info below)

So bring your family and friends to enjoy the affordable fun while helping to build San Clemente's future. Tickets available for purchase at the Carnival.

Presale ride tickets available until April 16 offer a 60 percent savings off the regular ticket price: $10 for 8 rides, tickets can be purchased at the following locations: The SCBP&R Foundation…