Laguna Beach & Newport Beach Real Estate Market Graphs

The following graphs show real estate market graphs for Laguna Beach for 2011. Numbers shown are the average sales price for single family homes, the number of transactions for single family homes, the average days on market for condos and single family homes, the average sales price for condos, and the number of transactions for condos. Areas represented are Laguna Beach, Dana Point, San Juan Capistrano and Laguna Niguel. The numbers show sales for 2000-2011. The second set of graphs show the same numbers for these areas: Newport Beach, Corona del Mar, Newport Coast, and Laguna Beach.
Market Graphs Dec 2011 Laguna Beach

Market Graphs Dec 2011 Newport Beach

KCM Blog-5 Real Estate Trends to Look for in 2012

Another interesting article by the KCM Blog entitled 5 Real Estate Trends to Look for in 2012.
 Of course, we cannot totally predict what the real estate market will do, but there are trends we can look at and try to guess what the market will do. Here is the entire article below...

5 Real Estate Trends to Look For in 2012

by The KCM Crew on January 3, 2012

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Predicting trends during the most volatile housing market in American real estate history is no easy task. We strongly believe these are the five real estate items we should keep an eye on in 2012:

1. Buyers Will Return

In 2011, a lack of consumer confidence in the overall economy dramatically impacted the housing market. Buyers were afraid to make a purchasing decision on any big ticket item. By the end of 2011, consumer confidence began to return and sales increased. Economic conditions will continue to improve throughout 2012 and consumer sentiment will solidify. Once that happens, home buyers will realize that now is the time to buy.

2. Foreclosures Will Increase

The ‘shadow inventory’ of foreclosures which has been growing since the robo-signing challenges of late 2010 will finally be introduced to the market. Distressed properties sell at discounted prices. They will impact the housing values of the non-distressed homes in the area.

3. Prices Will Soften

As more and more foreclosures come to market, there will be greater downward pressure on the values of houses in the region. Foreclosures impact values of non-distressed properties in two ways:

• They will eat up some of the buyer demand in the market.
• They will impact the appraisal on ALL transactions in the area.

An increase in foreclosures will have a negative impact on values. This will cause more homes to be underwater.

4. Short Sales Will Increase

As mentioned above, we strongly believe that home prices will soften through at least the first half of 2012. Falling prices will force more homeowners into a position of negative equity. Negative equity is one of the triggers that cause people to strategically default on their mortgage obligations. If this happens, there could be an increase in the number of foreclosures. However, we predict that banks will take preventative measures which will help many of these homes avoid foreclosure by easing the requirements in the short sale process for both homeowners and real estate professionals.

5. Great Agents Will Be VERY Successful

Real Estate professionals who have invested the money, time and energy to truly understand what is happening and why it is happening will separate themselves from their competition and do very well this year.
Those who take that next step of learning how to simply and effectively communicate the market to their clients will be seen as industry leaders. These experts will dominate their markets.

Laguna Beach Real Estate Update December 6, 2011

Here is a real estate update for the Laguna Beach area as of December 6, 2011. The data is broken down by area and areas mentioned are: Newport Beach, Corona del Mar, Newport Coast, Laguna Beach, Costa Mesa - Eastside, Dana Point, San Juan Capistrano, Laguna Niguel, San Clemente, Shady Canyon - Custom, Turtle Ridge, and Aliso Viejo.

Laguna Beach Market Stats Dec 6 2011

Phenomenal Deal for a Home at Donner Lake!!!

Looking for a vacation home in Truckee at beautiful Donner Lake? This home is a phenomenal deal! Not a short sale or an REO, but priced like one!

Just reduced to $300K!! This is a killer deal for a home at Donner Lake!

Details on Donner Lake Home
3 bedrooms/2.5 bathrooms/1900 sq. ft.

Property Description
Just steps from Donner lake, this thoroughly remodeled, easy to care for, 3 bed/2.5 bath home has all the amenities one could want. The home boasts beautiful granite and slate accents throughout, great appliances, brand new tankless water heater, a central vacuum, and jacuzzi tubs that will make your lifeby the lake easy. Have friends over (plenty of parking) and enjoy a glass of wine on the deck with the filtered lake views.

13351 Sierra Drive

Laguna Beach Real Estate Update

Below is a real estate market update for Laguna Beach.

Laguna October 2011

Laguna 2010

HÔM REAL ESTATE GROUP & Sotheby's International Realty

Exciting news for Hom Real Estate Group! It is now affiliated with Sotheby's International Realty!

HÔM REAL ESTATE GROUP & Sotheby's International Realty

Laguna Beach Real Estate Update August 2011

August 2011 Real Estate Stats

HOM Real Estate Group & Sotheby's International Realty

HÔM REAL ESTATE GROUP IS PLEASED TO ANNOUNCE WE HAVE JOINED THE SOTHEBY'S INTERNATIONAL REALTY NETWORK

 In today’s complex real estate market, it is important to capture every opportunity to better serve our clientele. To further our efforts, it is with great pleasure that we announce our affiliation with Sotheby’s International Realty Affiliates LLC.

For the past six years, HÔM Real Estate Group has been committed to providing quality service and extraordinary marketing in representing our clients and their properties. An alliance with a company specializing in the exposure of the finest properties world wide—enables us to market your property with the added benefit of a global network, accessing a broad, qualified client base including those associated with the Sotheby’s Auction House. HÔM Real Estate Group in association with Sotheby's will continue to be one of the strongest companies in the area providing superlative resources for you and the exposure of your property.

We look forward to a continued working relationship with you.

Sincerely,

Maura Short