The California Association of Realtors closely monitors and analyzes trends in the residential real estate industry. The table below contains the latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability index, and the latest mortgage rates.
California home prices decreased 2.3% in September 2015 compared to the previous year, the number of sales decreased 1.5% while the amount of unsold inventory remained the same%. Not such great news for the California real estate market!
Food and wine enthusiasts mark your calendars. The 25th Annual Taste Of San Clemente takes place Friday October 30 at the beautiful Casino San Clemente.
The event begins at 6:00 and be sure to come hungry as guests will enjoy food, a wine tasting and a sampling of Microbrews from area restaurants, vineyards and breweries.
There will be a fabulous Silent Auction and dancing to the World Tour-Legends of Rock band.
No tickets will be sold at the door so please contact the San Clemente Chamber of Commerce, (949) 492-1131, for more information.
There is only 1 day left to enter California's most successful Home Raffle! The deadline for the Laguna Beach Million Dollar Home Raffle 2015 is midnight Thursday, October 22.
Buy 1 ticket & qualify for the Grand Prize:
LAGUNA BEACH OCEAN VIEW HOME OR $1,000,000 CASH
2nd Prize: Cancun Paradise Vacation or $2,500 cash and more!
Buy 2 or more tickets & qualify for Grand Prize:
LAGUNA BEACH OCEAN VIEW HOME OR $1,000,000 CASH
2nd Prize: Cancun Paradise Vacation or $2,500 cash
Plus:
MT 1st Prize: New Lexus RX 450h Hybrid SUV 36 month lease or $15,000 cash
MT 2nd Prize: $2,000 South Coast Plaza Gift Certificate or $1,500 cash
MT 3rd Prize: Montage Laguna Beach Resort, 2 nights at oceanfront resort
And if that is not enough... Buy a ticket and cause…
In honor of Halloween and all things that go bump in the night, Trulia.com polled 2,005 U.S. adults to find out how men and women react differently to some very eerie home hauntings.
As it turns out, 59% of women are deterred from buying a perfect home if it was the site of a former crime scene compared to 47% of men. But men and women are equally undeterred by the possibility of their home being haunted by a possessed doll: 27% of women and 28% of men.
Both men and women would (45% of women and 36% of men) prefer living with Casper the ghost rather than having a leprechaun as a roommate (21% of women and 24% of men).
More men than women think it is OK to live near a cemetery (61% vs 50%) while more men would be willing to pay for an Exorcism…
Time is running out for the family to enjoy Fall and Halloween activities in Orange County. If you haven't been yet this year, you don't want to miss the Knott's Scary Farm or the Irvine Park Railroad Pumpkin Patch.
This is the 43rd year for the Knott's Scary Farm and is the largest and scariest Halloween experience in Southern California. You can navigate through three new mazes. The Paranormal Inc allows visitors to investigate a haunted hospital where the patients were tortured for decades by deranged doctors and nurses. The Bloody Clementine is a frightful ride through the Calico Mine where Clementine and her father were brutally murdered centuries ago. And the Dead Of Winter offers an escape from the Snow Queen and her army of Viking Warriors.…
The Laguna Film Festival showcases short films produced by young and emerging filmakers and takes place Friday, October 16 through Sunday, October 18. This amazing weekend will be filled with short film screenings, as well as panels of professionals who have truly made their mark in the entertainment industry.
The founder of the Laguna Film Festival, Austin Fickman, is an ambitious 18 year-old who has been making films since he was 8 and has competed in film festivals for almost as long. The quality of film submissions we have received is outstanding," said Fickman. "I'm thrilled about the program we've put together and believe people will be glad they attended. For me, filmmaking is a passion and I'm excited about being able to share this experience…
The Dana Point Oktoberfest happens this Saturday, October 10 at Sea Terrace Park. Known as the largest free Oktoberfest Celebration in Southern California, the Dana Point Oktoberfest features music, German bands, games and the largest selection of German and Craft beers around.
There's fun for the entire family so pack up the kids and head down for a day of fun starting at noon and continuing through 7:00pm. Sea Terrace Park is located at the corner of Niguel Rd. and PCH in Dana Point just outside of the St. Regis Hotel.
Enjoy the fun from the 2014 Oktoberfest...
California home sales cooled in August 2015 following a hotter than usual summer. However, prices posted higher year over year for the seventh straight month.
Single family home sales dropped to 432,000 in August from 449,000 in July 2015 and increased from 395,000 in August 2014. The median sales price jumped to $493,000 in August from $488,000 in July 2015 and increased from $481,000 in August 2014.
Information is courtesy of Orange County CA Realtors The Hartanov Team.
Who is the typical California homeowner?
The average purchase is $265,000 and the average home value is $425,000.
4 out of 10 homeowners have considered selling their home.
Wondering how much your Orange County home or condo is worth? Instantly see the value of your home here!
