Rancho Santa Margarita Home Inventory - Absorption Rates April 28th, 2011 - 04/28/11 12:05 PM
Rancho Santa Margarita Home Inventory - Absorption Rates April 28th, 2011
Inventory levels are a vital component of the local real estate market and monitoring the absorption rate (Learn More: Absorption Rate 101 - Why Inventory Levels Matter!) in RSM is useful for both buyers and sellers.  In simple terms... the higher the absorption rate the better the market is for buyers and conversely, the lower the absorption rate in a community the better the market is for sellers.
It's All In The Details: Take a look at Rancho Santa Margarita absorption rates across various price ranges; it can be a very useful tool … (1 comments)

Yorba Linda Approved Short Sale - 5 Bed/3Bath 4000 Square Feet - 04/26/11 04:57 PM
Yorba Linda Approved Short Sale - 5 Bed/3Bath 4000 Square Feet
… (4 comments)

Rancho Santa Margarita Real Estate Market Report - March 2011 - 04/18/11 09:00 PM
Rancho Santa Margarita Real Estate Market Report - March 2011
Sales Volume Rises 63%. The number of homes sold in Rancho Santa Margarita rose dramatically in March 2011 with the greatest increase in volume coming from the detached home segment of the market (49 sold in March vs. 21 sold in February). 
RSM Average Sale Price Up 19% ! Overall (all homes sold) the average sales price rose a hefty 19% in March (from February) primarily due to the increased ratio of detached to attached homes sold. Although the average sale price rose from February to March the year to date average sale price (1/1/11 - 3/31/11) of $396,493 remains about 9% lower than … (4 comments)

Foothill Ranch Elementary Newsletter - April/May 2011 - 04/15/11 02:02 PM
Foothill Ranch Elementary Newsletter - April/May  2011

April's Character Trait: The Pillar of Gratitude.
Important Dates
CST TESTING at FRE and RELEASED TEST QUESTIONS (2nd-6th):Parents of students in 2nd- 6th grade, it is STAR testing time again.  Our school will be testing during the weeks of May 9th- May 25th.  Please click HERE to download the PDF that contains the specific grade level testing dates and times. We will have a very strict "No Interruption" guideline in place when classrooms are testing. Please consider the following test preparation tips to help your son or daughter perform to the best of his … (3 comments)

Ladera Ranch Skatepark - 04/14/11 07:11 PM
What a great community Ladera Ranch is!  More amenities than any other South Orange County area I can think of.  Brian Doubleday is a resident and Realtor in Ladera Ranch and he knows the area better than anyone.
Via Brian Doubleday - IML RealEstate - Orange County, CA Broker:
Ladera Ranch Skatepark 
Ladera Ranch is a community that has many amenities to offer its residents.  One of the highlights is the Ladera Ranch Skatepark located in the village of Terramor.  The park offers open grass areas, skate board bowls, rails and other obstacles.  The Skatepark is for skateboarding, in-line skates, non-motorized scooters and … (1 comments)

Ladera Ranch - Patrol Services - 04/14/11 06:48 PM
Ladera Ranch broker Brian Doubleday knows the area so well.  Here is some great information for you if you are looking to buy a home in Ladera or something you may not know if you already own/live here.
Via Brian Doubleday - IML RealEstate - Orange County, CA Broker:
Ladera Ranch - Patrol Services
Ladera Ranch is full of amenities like the pools, plunges, parks, and clubhouses.  LARMAC has contracted Castillo Private Patrol to patrol these areas.  So what is the actual role of these patrol cars in Ladera Ranch?
Castillo Private Patrol is contracted to provide patrol services solely for LARMAC owned … (0 comments)

Mission Viejo Short Sale Assistance - Mission Viejo Realtor - 04/14/11 04:40 PM
Mission Viejo Short Sale Assistance  - Mission Viejo Realtor
Overs 25% of all Mission Viejo home sales in 2011 will be short sales. Of the 1,163 homes sold in Mission Viejo last year 301 were short sales.  That was over 25% of all homes sold in the community and 2011 short sales so far are on pace to equal or exceed 2010 results. The percentage of short sales expanded rapidly from 2008 to 2009 and has lingered around 25% ever since.  Short sales comprise an even higher percentage of active listings (vs. sales) and presently about 1 in 3 homes on the market in Mission Viejo are underwater (short sale).
What Does … (0 comments)

Mission Viejo Real Estate Market Report - March 2011 - 04/12/11 07:26 PM

Mission Viejo Real Estate Market Report - March 2011
Sales Volume Up 30% From February. Another South Orange County community with a large bounce in sales from February to March.  Closed transactions increased over 30% from 71 home sales in February to 93 in March.
Average Sale Price Up 6%. The average sale price for all homes (detached and attached) sold in Mission Viejo during March was $466,540. This was an increase of 6% from $439,088 in February.
Neutral Market Conditions? It remains, of course, a buyer's market but the absorption rate for Mission Viejo has dropped to 7.31 months (Read … (4 comments)

Mission Viejo Real Estate Absorption Rate Report - April 11th, 2011 - 04/12/11 07:22 PM
Mission Viejo Real Estate Absorption Rate Report - April 11th, 2011
 Looking at the inventory absorption rate for a specific real estate market can be a very useful tool in determining if it is the right time for you to buy or sell in that area.  Higher absorption rates are generally better for buying while lower absorption rates favor selling.  The overall (all home types/all price ranges) absorption rate in Mission Viejo has fallen to 7.31 months as of April 11th, 2011.
Read More: Absorption Rate 101 - Why Inventory Levels Matter!

… (1 comments)

Lake Forest Real Estate Market Report - March 2011 - 04/08/11 07:14 PM
Lake Forest Real Estate Market Report - March 2011
March Sales Volume  Way Up! The number of homes sold in Lake Forest rose dramatically from 42 sold in February to 76 sold in March.  This is a volume increase of over 80%!.  Detached homes saw the greatest volume increase going from a lackluster 19 sales in February to 43 detached homes sold in March.  By the end of March there were 487 homes for sale (Active, Backup, and Pending Sale status' combined) dropping the Absorption Rate to 8.54 months.  Significant progress towards a Neutral Market. What is the "Absorption Rate" and how does it impact sellers' & … (3 comments)

Absorption Rate 101 - Why Inventory Levels Matter! - 04/08/11 04:01 PM
Absorption Rate 101 - Why Inventory Levels Matter!
The Real Estate Weathervane. Knowing and understanding which way the "wind is blowing" is vital to both buyers' and sellers'. Most of us understand the basic concept of supply-side economics and how supply and demand impact pricing.  Inventory obviously plays a large role in most real estate markets and a basic understanding of Real Estate Absorption Rate is useful in determining whether current market conditions most favors buyers' or sellers'.  If the absorption rate is declining then more homes are selling than are coming on the market.  Conversely, if it is increasing then inventory … (4 comments)

Lake Forest California Real Estate and Homes For Sale - 04/05/11 09:39 PM
Lake Forest California Real Estate and Homes For Sale  - The City of Lake Forest offers a wide variety of real estate for sale. Detached single-family homes for sale in Lake Forest start around the low $300,000s and run up to over $1.5 million for luxury waterfront homes. Condos and townhomes are also available in Lake Forest, ranging from the low $100,000s to the $400,000s.
Use these Lake Forest California Real Estate pages for detailed information about homes for sale in Lake Forest California. Search all of the active real estate listings of properties including new homes, detached homes for sale, foreclosures, short sales, and price reduced … (5 comments)

Foothill Ranch 2 Bedroom Condos and Townhomes For Sale - Bargain Buys! - 04/02/11 02:08 PM
Foothill Ranch 2 Bedroom Condos and Townhomes For Sale - Bargain Buys!
What Is A "Good Deal" On A 2 Bedroom Foothill Ranch Condo or Towhnhome? During the last six months (9/16/2010 to 3/15/2011) the average sale price of a Foothill Ranch 2 bedroom condo was $227,137. There are three communities of attached homes in Foothill Ranch and sometimes a Bargain Buy can be found:
Vineyards: Carriage style units (no one above or below), attached garages, pool & spa, playground. Some with attached garages.Salerno: Carriage style units, garages, pool.Tuscany: Condo conversions. Gated community, pool & spa, clubhouse, garages. 
Purchase A Foothill Ranch Condo … (4 comments)

 
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