Newport Beach Top 13

This week there were so many great deals I added 3 extra.

Some details to entice you:

· $899,0000 – 3 bed/3 bath in Newport Coast

· $494 per sq ft in the Port streets

· $1,995,000/ $515 per sq ft in Crystal Cove

· 4000 sq ft, 4 bed/4 bath home with views for $1,695,000

· Pelican Ridge ocean view home for $1,749,000

· 6 bed/4 bath CDM village SFR for $1.1/$313 per sq ft

· Newport Beach condo - $267,000

· 4874 sq ft home w/ ocean view on Cliff Dr for $2,195,000

· 5 bed/5 bath 6000 sq ft built in 2005 for $2,350,000 /$386 sq ft! (not a short sale or REO)

· $2,799,999 ON the WATER

Top 13 9-22

Los Ranchos Estates Live Auction October 18th 12:00 p.m.

We have only seen one transaction take place in Coto De Caza's prestigious Los Ranchos Estates this year to date. I grew up calling the Los Rancho's Estate's my home and many of these properties I witnessed being built. My family happily resides within the same home and enjoys the peaceful tranquility of having a nice size lot and ultimate privacy. Unfortunately this autcion is a sign of the times for our high end custom estates througout the county. If you have any questions or would like more information on this particular neighborhood or property please call me directly 949.922.8148.Secoya Way Auction

Featured Pfeif Group Listing

1820 Port Charles

6 Bedroom, 7 Bathroom

$3,349,000

Don't Miss Your Opportunity First Time Buyers!

If you have found yourself as a first time homebuyer trying to decide on whether to buy your first home, this could be the time for you. I want to share with you a few facts to consider:

1.Federal Tax credit of up to $8,000 will no longer be available after November 29, 2009.

http://www.car.org/tools/smart/clients/taxcredit/?version=2

2.We are still seeing the lowest rates in history on mortgage loans.

3. Most economists that study the market have seen we are near the bottom.

4. By renting you are paying someone elses mortgage.

The prevailing thoughts in the news are that the first time home buyers tax credit will bot be renewed. Take advantage of that paired with low interest rates and find a perfect property to call HOME!

M.V. opportunities not in the MLS

I have 6 interested sellers. These are single family homes, not short sales or REO's, and are located near the cross streets of Crown Valley and Marguerite. Call me if you are interested in learning more, 949.922.8148.

Selling your Home

It is important to understand the buyers market today. It will help you know who might be a good fit for your home and ensure that you highlight the most vital features. They are potentially looking at all the homes in your area and you want to be sure you stand out.

Some types of Buyers:
-single first-time
-working couple
-family
-retirees
-empty nesters
-professional single women

Taking a closer look at these groups wants and needs can help identify what’s important to each. Knowing your buyers market gives you an advantage—you can highlight the features of your home that are most likely exactly what those buyers want and understand what a buyer may be comparing your home to in your neighborhood and area.

Anaheim Hills Townhouse

This was a great property located in the gated community of Viewpointe North in Anaheim Hills.
The pools are dispersed throughout and not one unit felt like it was cramped into a spot of stacked upon another. If you were able to get a front row unit you could have views from Yorba Linda to L.A.

My clients have kept this property as an investment. This gated community is one of the most open and inviting I have visited in a long time.

Taste Of Newport September 18-20

http://www.tasteofnewport.com/

The 21st annual Taste Of Newport. This is always a good time. The weather is perfect and the entertainment makes is all worth the eating and drinking. Just to get outdoors and know what eateries are in the area for you to enjoy year round make it worth it!

Freddie Mac: 30 year fixed mortgage rate at 5.08%

Interest rates dropped during the past week, continuing a weekly seesaw that began in July. According to the Freddie Mac's Primary Mortgage Market Survey for the week ended September 3, the 30-year fixed-rate mortgage (FRM) averaged 5.08 percent with 0.7 point. A week earlier the average had been 5.14, also with 0.7 point. http://www.freddiemac.com/pmms/release.html

2009 Race for the Cure Newport Beach

Join my family and I to walk or run for the cure. I have had a personal connection with breast cancer within my family and have chosen to walk the Race for the Cure for the 2nd time. This time it is with family. My cousin has arranged a team in honor of our grandma, Janet Marie and our aunt Cynthia. Please join us September 27, 2009.

Join our Team: http://www.ockomen.com/race/lovelifejanetmay

Support my fundraising goal:

http://www.ockomen.com/faf/donorReg/donorPledge.asp?ievent=310226&supId=270295222

7:30 5K Run/Walk 9/27/2009 7:30 am - 9:30 am

Calabasas Estate

My friends and their family have just listed their beautiful 8,000 sqft., mountain view, 5 bedroom and 6.5 bath custom estate.


Please contact me if you are interested in this beautiful property.

Southland home sales rise again as higher-cost areas awaken

August 18, 2009

La Jolla, CA---Southern California homes sold last month at the fastest clip for a July in three years and the fastest pace for any month since December 2006. The median price paid rose slightly from June – marking the third consecutive month-to-month gain – as sales in pricier coastal areas continued to rise and sales of lower-cost foreclosures waned, a real estate information service reported.

A total of 24,104 new and resale houses and condos closed escrow in San Diego, Orange, Los Angeles, Ventura, Riverside and San Bernardino counties last month. That was up 3.6 percent from 23,262 in June and up 18.6 percent from 20,329 a year ago, according to San Diego-based MDA DataQuick.

July’s sales total was 8.7 percent lower than the average number sold in July – 26,410 – since 1988, when DataQuick’s statistics begin. July home sales have ranged from a low of 16,225 in July 1995 to a peak of 38,996 in 2003.

Sales have increased year-over-year for 13 consecutive months. They’ve been driven higher by increased affordability, low mortgage rates, plentiful government-insured FHA financing for first-time buyers, robust investor demand and, more recently, improved access to the “jumbo” financing used to buy more expensive homes.

click here for full article.

http://www.dqnews.com/Articles/2009/News/California/Southern-CA/RRSCA090818.aspx

	Sales Volume			Median Price
All homes	Jul-08	Jul-09	%Chng	Jul-08	Jul-09	%Chng
Los Angeles	6,592	8,082	22.60%	$400,000	$321,000	-19.80%
Orange	2,799	3,128	11.80%	$461,000	$420,000	-8.90%
Riverside	4,116	4,699	14.20%	$260,000	$185,000	-28.80%
San Bernardino	2,521	3,549	40.80%	$230,000	$140,000	-39.10%
San Diego	3,431	3,809	11.00%	$364,000	$320,000	-12.10%
Ventura	870	837	-3.80%	$420,000	$375,000	-10.70%
SoCal	20,329	24,104	18.60%	$348,000	$268,000	-23.00%

Source: DQNews.com Media calls: Andrew LePage (916) 456-7157 or John Karevoll (909) 867-9534

Copyright 2009 DataQuick Information Systems. All rights reserved.