Tuesday, May 10, 2016

MAY 2016 COASTAL ORANGE COUNTY REAL ESTATE NEWS

1070 Miramar St, Laguna Beach
www.1070Miramar.com
 Sweeping panoramic ocean and Catalina Island sunset views
from virtually every room of this beautifully remodeled and move-in-ready home.

Price Improvement to $1,355,000



O.C., L.A. and Inland Empire

Homes are Overpriced, Trulia Reports
 

Real estate website Trulia ranks Orange County, Los Angeles and the Inland Empire among the five most overvalued housing markets in the U.S.


Southern California is home to some of the most overpriced housing markets in the country. And that's taking the wind out of the recovery.

Three Southland regions ranked among the five most overvalued markets in the U.S. in a new report by real estate website Trulia. These are places where the housing costs have far outpaced growth in income.

Separately Tuesday, the closely watched S&P/Case-Shiller index reported that Los Angeles home prices inched down in January — the first monthly decline in two years.


"Southern California has seen big price increases since the bottom," said Jed Kolko, Trulia's chief economist, "without big increases in income."


March 25, 2014|By Tim Logan and Andrew Khouri


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We Hope You Had a Happy Mother's Day

In honor of Mother’s Day, the folks at Trulia found the homes of several of the most beloved moms in American film, including estimates of how much these six famous houses would cost today.

From the little yellow bungalow in Manhattan Beach, CA, where Dorothy Boyd lives in Jerry Maguire; to the on-screen Atlanta, GA, home of real-life interior designer and mom Leigh Anne Tuohy in The Blind Side.

Was your favorite on-screen mom on the list? You can read the short article here, or go straight to the list via this infographic .

To all the moms we hope you had a truly marvelous Mother's Day!

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April 2016 Sales Statistics for Laguna Beach:
243 Active Listings
54 Pending Sales  
29 Closed Sales from 4/01/16 - 4/30/16
Sales Statistics:
  4 - less than $1,000,000
14 - $1,000,000 - $2,000,000
  6 - $2,000,000 - $3,000,000
  2 - $3,000,000 - $4,000,000
  1 - $4,000,000 - $5,000,000
  2 - $6,000,000 - $7,000,000
*CRMLS 5/9/16

  

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IN ESCROW 
After Just Two Weeks on the Market
Listed by HortonsInLaguna.com

3003 Mountain View Dr, Laguna Beach
$1,695,000
www.3003MtnView.com

Thinking of Buying or Selling?
Amanda and Pamela
Committed To Your Success During
The Best Buying or Selling Experience Possible!
  
 Complimentary Market Evaluations
and Personalized Lists of Homes For Sale.