Tuesday, August 7, 2018

AUGUST 2018 ORANGE COUNTY REAL ESTATE NEWS

HORTON TEAM NEWSLETTER

August 2018


Happy Summer Everyone!

Contact us for a personalized perspective on the market and how it pertains to your possible sale or purchase! Here is an article we found of interest this month. Source: Reports on Housing: Orange County, July 29th, 2018:

 

Orange County Housing is Moving from Seller's Market to a Balanced Market


 

Just Sold in Newport Beach
$3,950,000  Represented Buyers

 

 

New Listing in Laguna Beach
$1,475,000
3 bedroom, 1350 sq ft remodeled ocean & canyon view home
 


www.1490DelMar.com

 

Currently Listed

http://www.2561Park.com

$3,099,000 4 bedroom, 3,764 sq ft home on half acre



http://www.1098Wykoff.com

$1,599,000 3 bedroom remodeled ocean, canyon view home 


http://www.946Quivera.com
$1,475,000 3 bedroom remodeled coastline view home 


 

August 2018 Laguna Beach Statistics 

Active - 269
In Escrow - 44
Sold - 34 closed in July

2 - Sold less than $1,000,000
13 - $1,000,000 - $2,000,000
4 - $2,000,000 - $3,000,000
3 - $3,000,000 - $4,000,000
1 - $10,250,000 
1- $32,000,000
LEARN MORE

AMANDA, PAMELA & JACE


Amanda Horton, Pamela Horton and Jace Horton provide a comprehensive source of information and services for anyone buying or selling property. Their services are of the highest quality, guaranteed with proven results.

C 949.422.6122
Amanda@AmandaHorton.com
HortonsInLaguna.com
BRE#01357056
BRE#01013024

Wednesday, July 18, 2018

JULY 2018 ORANGE COUNTY REAL ESTATE NEWS

 HORTON TEAM
REAL ESTATE NEWSLETTER

 JULY 2018

Thank you for reading our newsletter. This month instead of real estate news we decided to share festival news! Enjoy your summer and the many fun events going on in town.
As always, we 
look forward to being a resource for all of your real estate needs. All the Best, Amanda, Pamela & Jace  

JUST SOLD


1594 Skyline Drive $3,000,000
May 2018 
Represented Seller

22190 Paseo Del Sur $2,510,000
June 2018  
Represented Seller & Buyer

1075 Noria Street $1,800,000
June 2018  
Represented Buyer

3095 Nestall Road $1,385,000
June 2018  
Represented Seller

245 Aster #3 $799,000
July 2018  
Represented Seller

Currently Listed

2561 Park Avenue, Laguna Beach
Half acre ocean view estate  $3,099,000 
http://www.2561Park.com


1098 Wykoff Way, Laguna Beach
Modern remodeled, ocean views $1,599,000
http://www.1098Wykoff.com




946 Quivera Street, Laguna Beach
Beach home perfection, superb views $1,475,000
http://www.946Quivera.com




30902 Clubhouse 8D, Laguna Niguel
Rare end unit with 2 car garage in La Vista $520,000
http://www.30902Clubhouse8D.com


 

July 2018 Laguna Beach Statistics

Active - 284
Pending - 46
Sold in June - 41

2 - Less than $1,000,000
24 - $1,000,000 - $2,000,000 
8 - $2,000,000 - $3,000,000
2 - $3,000,000 - $4,000,000
5 - $5,000,000+

 

LEARN MORE
agent-photo

Amanda Horton 
Pamela Horton
Jace Horton


The Horton Team provides a comprehensive source of information and services for anyone buying or selling property. Their services are of the highest quality, guaranteed with proven results.

C 949.422.6122
F 949.464.3371
Amanda@AmandaHorton.com
HortonsInLaguna.com
BRE#01357056
BRE#01013024
BRE#02050612

Wednesday, June 20, 2018

JUNE 2018 ORANGE COUNTY REAL ESTATE NEWS

HORTON TEAM NEWSLETTER

June 2018

Happy Summer Everyone!

Contact us for a personalized perspective on the market and how it pertains to your possible sale or purchase! Here is an article we found of interest this month. Source: Nasdaq NewsFeed, May 24, 2018:

 

Freddie Mac May Outlook: Homebuyers Showing Resiliency Amidst Limited Supply and Affordability Constraints 

Through the first five months of 2018, home shoppers have battled the trifecta of climbing home prices, higher mortgage rates and low supply. Despite these obstacles, Freddie Mac expects the healthy economy and strong consumer confidence to lead to a 3.0 percent increase in total home sales (new and existing) this year.
“While this spring’s sudden rise in mortgage rates are taking up a good chunk of the conversation, it’s the stubbornly low inventory levels in much of the country that are preventing sales from really taking off like they should be,” said Freddie Mac Chief Economist Sam Khater. “The underlying demand for buying a home is holding up, and will continue to do so, as long as the economy is generating solid job and income growth. Most markets simply need a lot more new and existing supply to cool price growth and give buyers enough choices.”
May Outlook Highlights 
  • Gross Domestic Product (GDP) in the first quarter slowed (2.3 percent) from the end of last year (2.9 percent). Fueled by an increase in consumer spending, economic growth should pick up to 3.1 percent in the second quarter and 2.7 percent for the full year.  
  • The uptick in interest rates is expected to continue. The 30-year fixed-rate mortgage is forecast to average 4.9 percent by the end of the year.
  • Despite strong demand, low supply continues to slow sales growth and put upward pressure on price appreciation. Total home sales this year are forecasted to increase 3.3 percent year-over-year to 6.32 million. Even as mortgage rates rise, home prices are expected to increase 7.0 percent this year.
  • The negative impact of higher mortgage rates on refinance activity will outweigh the expected increase in purchase origination volume. Originations are forecasted to fall about 6.0 percent in 2018 to $1.75 trillion.

 

Just Sold in Laguna Beach
1594 Skyline Drive  Represented Sellers


1075 Noria Street  Represented Buyers

In Escrow - 3095 Nestall closing this week - Represented Sellers


In Escrow - 22190 Paseo Del Sur closing end of June - Represented Sellers, Buyers

 

Currently Listed

http://www.2561Park.com

$3,099,000 4 bedroom, 3,764 sq ft home on half acre



http://www.1098Wykoff.com

$1,599,000 3 bedroom remodeled ocean, canyon view home 


http://www.946Quivera.com
$1,475,000 3 bedroom remodeled coastline view home 



http://www.30902Clubhouse8D.com
$520,000 2 bedroom condo in Laguna Niguel 



For Lease
21797 Ocean Vista Drive $4,500/month

June 2018 Laguna Beach Statistics 

Active - 283
In Escrow - 53
Sold - 30 closed in May

2 - Sold less than $1,000,000
16 - $1,000,000 - $2,000,000
5 - $2,000,000 - $3,000,000
4 - $3,000,000 - $4,000,000
1 - $9,100,000 
1- $18,333,000
1 - 23,000,000
LEARN MORE

AMANDA, PAMELA & JACE


Amanda Horton, Pamela Horton and Jace Horton provide a comprehensive source of information and services for anyone buying or selling property. Their services are of the highest quality, guaranteed with proven results.

C 949.422.6122
Amanda@AmandaHorton.com
HortonsInLaguna.com
BRE#01357056
BRE#01013024