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.
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.
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.
Pre-foreclosures accounted for 45.8% of foreclosure activity in January 2014, Auctions 33.3% and Bank-owned properties 20.8%.
Pre-foreclosures accounted for 52.7% of foreclosure activity in January 2014, Auctions 29.3% and Bank-owned properties 18.0%.
Orange County CA foreclosures were the same as national statistics and 0.2% below state figures in January.
Pre-foreclosure activity increased 10.3% in January compared to the previous month and increased 47.0% compared to the…
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...
Or, contact us anytime for help!
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 |
Change From |
Homes |
Change From |
| San Clemente - 92672 |
$725,000 |
+18.9% |
24 |
-31.4% |
| San Clemente - 92673 |
$745,000 |
+14.6% |
32 |
-5.9% |
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 |
Change From |
Homes |
Change From |
| 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% |
| … |
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. Ren
ts 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 …
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:
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. …
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:
