October 2010 RSS Feed

September 2010 statistics show San Clemente had 86 new foreclosures with an average foreclosure sales price of $601,105, according to RealtyTrac.com.

There were 55 new foreclosures in the 92673 zip code and 31 new foreclosures in 92672, for a total of 86 new foreclosures in San Clemente. 1 in every 257 housing units received a foreclosure filing in September.

San Clemente Foreclosure Geographical Comparison

San Clemente foreclosure rate was 0.12% above national rates, 0.17% below California rates, and 0.02% above Orange County rates in September.

San Clemente Foreclosures By Month

The number of bank-owned homes increased from 18 homes in August to 23 homes in Sept. Pre-foreclosure activity decreased  from 40 homes in August to 32…

There were 20,548 Orange County CA foreclosure homes and 3,810 new foreclosure filings in September 2010, according to RealtyTrac.com. The average sales price of an Orange County home was $544,481 while the average sales price of a foreclosure home was $421,721, a $122,760 savings. 

Orange County CA Foreclosure Activity and Home Price Index

Home price appreciation was 0.00% in September with 3,810 foreclosures.

 

 

Orange County CA foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated…

If you are looking to take a day trip from San Clemente using Metrolink from the San Clemente station located at 1850 Avenida Estacion, or from the San Clemente Pier station located at 615 Avenida Victoria, here is a very cool and informative Metrolink interactive map where you can find out the information you may be looking for.

Once you click on the below map to open it, you can:

• Click on the station to find out directions, parking and connecting transit.
• Mouse-over the METROLINK box to view specific routes.

Download a printable pdf route map at METROLINK station & route map.

Benefiting the animals at the Pro-humane San Clemente - Dana Point Animal Shelter.

The 10th Annual "A Tail of Two Cities" It's Raining Cats and Dogs will be held at the beautiful Talega Golf Club in San Clemente on Saturday November 6th at 4pm.

Ticket price of $100.00 will include appetizers, dinner and 2 drinks with live music, silent auctions and prizes!

The table below, published by the California Association of Realtors, contains the latest reported existing home sales, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability index, and the latest mortgage rates.

 

Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual report released today by the National Association of Realtors®.

Let’s take a look at the San Clemente real estate market for Sept.

San Clemente Real Estate Sales Statistics - Sept 2010 (92672 Zip)

Homes Sold:  26
Change from Sept 2009: -25.7%

Median Sales Price: $565,000
Change from Sept 2009: -7.0%

San Clemente Real Estate Sales Statistics - Sept 2010
(92673 Zip)

Homes Sold:  43
Change from August 2009: -10.4%

Median Sales Price: $725,000
Change from August 2009: +9.0%

Despite economic uncertainty, 68 percent of those surveyed in the 2010 National Housing Pulse Survey, conducted by the National Association of Realtors, still believe now is a good time to buy a home; while that number is down from last year (75 percent), it’s up from 2008 (66 percent) and 2007 (59 percent). Lower home prices and record-low mortgage interest rates are attracting buyers to the housing market – more than one-fourth of renters said they are thinking more about buying a home than they were a year ago. Sixty-three percent of renter respondents said that owning a home is a priority in their future, and nearly 40 percent said it was one of their highest priorities.

Americans are seeing more stability in the real estate market. Nearly…

Don't delay! Get your tickets now or you might miss out on the 2010 Taste of San Clemente.

Once again culinary masterpieces from over twenty of the areas finest restaurants, as well as sixteen premium wineries and micro-breweries from throughout California will be available to tempt your palette at the beautiful Talega Golf Club on Friday November 5. There will also be a live band for dancing the night away.

Some of the restaurants & establishments involved include:

Adele’s at the San Clemente Inn, Antoine’s Café, Bad to the Bone BBQ, Beach Garden Café, Blue Danube, Bob’s Fine Wine, The Cellar, Courtside Restaurant &Catering, Crispin, El Mariachi Restaurant & Bar,Hapa J’s Kitchen, Bar & Lounge, Italian Cravings,Jeff the Silent Chef, La Siesta…

Here are ways to celebrate Halloween in and around San Clemente with your little pumpkins:

Zoomars Petting Zoo and Bird Park…and Pumpkin Palooza

A year-round petting zoo and bird park offering a pumpkin patch and Halloween-activity area in October.

"Howlaween Tales from the Crypt” at the Cabrillo Playhouse

Costumed storytellers reading children’s ghost stories in the historic, 66-seat theater.

Haunted House at the Boys & Girls Club

The club will be haunted on Halloween week as a fund-raiser for the Keystone Club.

Haunted Trails of Laguna Niguel

Take a fright-filled stroll through the Laguna Niguel's seventh annual Haunted Trails adventure in Crown Valley Park.

Tidepool of Terrors and the Haunted Brigg at the Ocean Institute
…

You have most likely heard the term “shadow inventory” and may well have wondered what it means. Interestingly enough, while the shadow inventory will certainly affect the Orange County real estate market, opinions vary as to its precise meaning.

For some the term means that lenders may be holding on to foreclosed properties for fear of flooding the market. Others believe that it describes the high number of homes in the foreclosure process which will eventually go up for sale. And still a third group includes the possible flood of properties which will hit the market when homeowners who have been holding off selling finally decide to do so. It is generally agreed, however, that the shadow inventory of Orange County real estate includes all…