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What One Costa Mesa Listing Detail Has to do with Hong Kong

 
Our Costa Mesa listings contain one figure that’s quite useful for apples-to-apples comparisons of the properties being offered. This one is quietly tucked away beneath the more prominent pieces of information. It doesn’t usually draw much attention, although it probably deserves more. And last week, it also happened to prove how fortunate home shoppers in Costa Mesa really are—especially compared to what their counterparts have to contend with in places like Hong Kong.
That point was evident in a feature on the CBS Overnight News TV show. It dealt with current real estate reality in the Chinese enclave of Hong Kong. The details were truly gasp-worthy—especially the one we were describing earlier. That one—the figure that doesn’t get much attention—is the cost per square foot. Most house hunters have in mind a price limit they will be willing to spend as well as a general idea of the amount of space they need—a square footage number. Those two factors help them zero in on the homes they’ll be interested in exploring further; it’s why those figures are up near the top of the listing.
But also useful is the cost per square foot. It can help online house hunters get a relative idea ... more

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