There are now 15 condominiums listed for sale in Newport Coast . The median price for these listed condominiums is $1,082,000 and the average price per square foot is $550 . Of this total, 0 are short sale listings. The median price of these short sale units is NO , and the average price per square foot is NO . The ratio of short sale condo listings to the total listings is 0% .

For homes under contract, there are 22 detached homes in escrow on this date, and the median price is $1,799,000 . Of this total, 12 are short sales in escrow, which is 55% of the total detached properties in escrow in Newport Coast , and the short sale median price in escrow is $1,799,000 .

For condominiums in escrow, there are now 12 attached units under contract, with a median price of $825,000 . Of this number, 8 are short sales, which calculates to be 67% of the total pending units, and the median price is $755,000 .

In the past 3 months, there have been a total of 29 detached homes that have sold and closed escrow in Fullerton . The median price was $2,250,000 and the average price per square foot was $584 . Of this total were 3 were short sale properties in the city of Newport Coast in the past 3 months. This number of sold short sales is 10% of the total. The median price was $2,500,000 , and the average price per square foot was $583 .

In the past 90 days, there have been a total of 16 condo sales with a median price of $850,000 , and an average price per square foot of $453 in Newport Coast . Also, there were 4 short sale condos sold, which was 25% of the total number of units sold in this period. The median price of the sold short sale condos was $855,000 , and the average price per square foot was $412 .

As can be seen above, the ratio of pending In Escrow short sale properties, to pending in escrow total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties.  This high rate of failure due to the lack of knowledge by the typical short sale listing agent.   This illustrates that Property owners who owe more than their home is worth, should work with an experienced Newport Coast short sale realtor such as the ShortSalesASAP group. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Property Report – Newport Coast – 12/10/2010 is a post from: Orange County Real Estate Blog

For attached condominiums, there are currently 9 condo units listed for sale in Coto De Caza. The median price for these listed condominiums is $399,000 and the average price per square foot is $248 . Of this total, 3 are short sale condo listings. The median price of these short sale condos is $379,000 , and the average price per square foot is $242 . The ratio of short sale condo listings to listings is 33% .

There are 43 detached homes currently under contract in escrow, and the median price of these pending properties is $1,288,000 . Of this total pending properties, 25 are short sales, which is 58% of the total detached properties in escrow in Coto De Caza 12/6 . The median price is $1,249,000 .

For condominiums, there are now 5 attached units in escrow, and the median price is $685,000 . Of this number, 3 are short sales in escrow in Coto De Caza. These short sale condos are 60% of the total units in escrow, and the median price is $300,000 .

In the past 90 days, there have been a total of 40 detached homes that have sold and closed escrow in Coto De Caza. The median price of these sold homes was $940,000 and the average price per square foot was $278 . Of this total were 9 short sale properties, which was 23% of the total sales. The median price was $805,000 , and the average price per square foot was $258 .

For attached condos, there have been a total of 3 condominium sales in the past 3 months. The median price was $302,000 , and the average price per square foot was $231 in Coto De Caza. In addition, there were 1 short sale condos that sold and closed escrow during this same period of time, which was 33% of the total number of units sold. The median price of the sold short sale condos was $302,000 , and the average price per square foot was $203 .

As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties. This illustrates that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Coto De Caza short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Property Report – Coto de Caza – 12/6/2010 is a post from: Orange County Real Estate Blog

For attached condominiums, there are 89 condo units currently listed for sale in Dana Point. The median price for these listed condominiums is $549,900 and the average price per square foot is $367 . Of this total, 29 are short sale condo listings. The median price of these short sale condos is $299,000 , and the average price per square foot is $297 . The ratio of short sale condo listings to listings is 33% .

Currently, there are 49 detached homes under contract in escrow, and the median price of these pending properties is $699,000 . Of this total pending properties, 32 are short sales, which is 65% of the total detached properties in escrow in Dana Point. The median price is $640,000 .

For condominiums, there are now 27 attached units in escrow, and the median price is $370,000 . Of this number, 16 are short sales in escrow in Dana Point. These short sale condos are 59% of the total units in escrow, and the median price is $325,000 .

In the past 90 days, there have been a total of 72 detached homes that have sold in Dana Point. The median price of these sold homes was $675,000 and the average price per square foot was $433 . Of this total were 14 short sale properties, which was 19% of the total sales. The median price was $600,000 , and the average price per square foot was $359 .

For attached condos, there have been a total of 33 condominium sales in the past 3 months. The median price was $415,000 , and the average price per square foot was $304 in Dana Point. In addition, there were 12 short sale condos that sold and closed escrow during this same period of time, which was 36% of the total number of units sold. The median price of the sold short sale condos was $262,000 , and the average price per square foot was $294 .

As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties. This illustrates that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Dana Point short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Dana Point Property Report – 11/22/2010 is a post from: Orange County Real Estate Blog

There are now 73 condominiums listed for sale in Ladera Ranch 11/19 . The median price for these listed condominiums is $334,900 and the average price per square foot is $230 . Of this total, 44 are short sale listings. The median price of these short sale units is $315,000 , and the average price per square foot is $220 . The ratio of short sale condo listings to the total listings is 60% .

For homes under contract, there are 67 detached homes in escrow on this date, and the median price is $735,000 . Of this total, 44 are short sales in escrow, which is 66% of the total detached properties in escrow in Ladera Ranch 11/19 , and the short sale median price in escrow is $695,000 .

For condominiums in escrow, there are now 54 attached units under contract, with a median price of $349,000 . Of this number, 39 are short sales, which calculates to be 72% of the total pending units, and the median price is $330,000 .

In the past 3 months, there have been a total of 65 detached homes that have sold and closed escrow in Fullerton . The median price was $685,000 and the average price per square foot was $257 . Of this total were 23 were short sale properties in the city of Ladera Ranch 11/19 in the past 3 months. This number of sold short sales is 35% of the total. The median price was $615,000 , and the average price per square foot was $247 .

In the past 90 days, there have been a total of 43 condo sales with a median price of $390,000 , and an average price per square foot of $230 in Ladera Ranch 11/19 . Also, there were 20 short sale condos sold, which was 47% of the total number of units sold in this period. The median price of the sold short sale condos was $380,000 , and the average price per square foot was $223 .

As can be seen above, the ratio of pending In Escrow short sale properties, to pending in escrow total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties.  This high rate of failure due to the lack of knowledge by the typical short sale listing agent.   This illustrates that Property owners who owe more than their home is worth, should work with an experienced Ladera Ranch 11/19 short sale realtor such as the ShortSalesASAP group. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Short Sale Listing Report Ladera Ranch is a post from: Orange County Real Estate Blog

For attached condominiums, there are 200 condo units currently listed for sale in Aliso Viejo . The median price for these listed condominiums is $339,900 and the average price per square foot is $269 . Of this total, 97 are short sale condo listings. The median price of these short sale condos is $300,000 , and the average price per square foot is $253 . The ratio of short sale condo listings to listings is 49% .

Currently, there are 44 detached homes under contract in escrow, and the median price of these pending properties is $509,900 . Of this total pending properties, 21 are short sales, which is 48% of the total detached properties in escrow in Aliso Viejo . The median price is $469,900 .

For condominiums, there are now 114 attached units in escrow, and the median price is $319,900 . Of this number, 84 are short sales in escrow in Aliso Viejo . These short sale condos are 74% of the total units in escrow, and the median price is $314,900 .

In the past 90 days, there have been a total of 55 detached homes that have sold and closed escrow in Aliso Viejo . The median price of these sold homes was $610,000 and the average price per square foot was $293 . Of this total were 8 short sale properties, which was 15% of the total sales. The median price was $525,000 , and the average price per square foot was $259 .

For attached condos, there have been a total of 112 condominium sales in the past 3 months. The median price was $340,000 , and the average price per square foot was $263 in Aliso Viejo . In addition, there were 37 short sale condos that sold and closed escrow during this same period of time, which was 33% of the total number of units sold. The median price of the sold short sale condos was $290,000 , and the average price per square foot was $253 .

As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties. This illustrates that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Aliso Viejo short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Short Sale Listing Report Aliso Viejo is a post from: Orange County Real Estate Blog

Price: $274,800
Style: Condominium
Bed: 2
Bath: 2
Stories: One
Year built: 1991
SqFt: 1,140
Parking: Assigned Parking, Garage Door Opener, Parking Space

PENTHOUSE WITH EXCELLENT CORNER LOCATION . Located in prestigious & gated Canyon Villas this spacious floor plan offers 2 bedrooms & 2 bathrooms and a large living & dining room with cozy fireplace. The gourmet kitchen with breakfast bar, recessed lighting, built-in microwave oven & pantry opens up to the living room. Large master suite with walk-in closet and master bath with dual sinks & roman tub. Individual laundry area with linen cabinets & attached garage + assigned parking space! Excellent interior location close to pool, spa & fitness center. Canyon Villas is located adjacent to Aliso Viejo Town Center with shops, restaurants & movie theatres and features well-equipped fitness center with televisions & refreshment area, resort-style swimming pools, spa & BBQ area surrounded by expansive sun decks, on-site security patrol, clubhouse & more! Welcome to the good life!

Contact Nick Roshdieh today if you are interested in this property!

Nick Roshdieh
eVantage Real Estate
Main: 949-334-2913
Office: 949-388-3396
Nick@eVantageRE.com
DRE License: 01339587

23412 Pacific Park Dr. 18D, Aliso Viejo, CA – for Sale is a post from: Orange County Real Estate Blog

Price: $399,500
Style: Condominium
Bed: 3
Bath: 2.5
Stories: 2
Year built: 2004
SqFt: 1,736
Parking: Attached Garage, Direct Access, Guest Parking

Gorgeous end unit townhome with covered porch and every imaginable upgrade and a quiet interior location. Dark hardwood floors, custom woven shades and brand new custom paint throughout. Kitchen features beautiful granite countertops,upgraded dark wood cabinets & stainless steel appliances.Generous master suite with additional sitting area and large walk-in closet, large secondary bedrooms and built-in desk in upstairs hallway. Must see to appreciate!

Contact Nick Roshdieh today if you are interested in this property!

Nick Roshdieh
eVantage Real Estate
Main: 949-334-2913
Office: 949-388-3396
Nick@eVantageRE.com
DRE License: 01339587

11 Azara, Ladera Ranch, CA – Just Listed is a post from: Orange County Real Estate Blog

Price: $299,000
Style: Condominium
Bed: 1  Bath: 1
Stories: Two
Year built: 2007
HOA Dues: $237
ASqFt: 1,584
Parking: Attached Garage, Direct Access, Guest Parking

Gorgeous loft-style condo! Perfect for a first time home owner. Lots of wide open space, vaulted ceilings and a giant window overlooking the view. Centrally located to public transportation and freeway access. Stunning hardwood floors downstairs and plush carpet upstairs. Large bathroom with separate tub and shower.

Contact Nick Roshdieh today if you are interested in this property!

Nick Roshdieh
eVantage Real Estate
Main: 949-334-2913
Office: 949-388-3396
Nick@eVantageRE.com
DRE License: 01339587

710 N. Santiago St., Santa Ana, CA 92701 is a post from: Orange County Real Estate Blog

Central bankers and regulators from 27 countries agreed in Basel, Switzerland that banks should raise the amounts they hold in common equity from 2 per cent to 4.5 per cent to help ensure that the financial system can survive any future shocks. They will also have to hold a capital conservation buffer of an additional 2.5 per cent, raising their total liquidity cushion to 7 per cent of their assets and liabilities.

In a joint release, regulators said the new “Basel III” rules would provide a “fundamental strengthening of global capital standards” after the meltdown that crippled the world economy in 2008-09.”

But what does all this mean for the ordinary OC mortgage holder?

The warning is being released that the cost of borrowing would rise as a result of Basel III. The liquidity requirements are significant under this new system, as these feed through to the price and the availability of lending.

“A bank is like any other business – if its fixed operating costs go up, then so does the price of its product.”

“All the changes are good from a stability perspective but add billions to the fixed operating cost of a bank. The consequence is that inevitable the cost of credit – the price the borrower pays from money – will rise.”

http://eVantageRE.com

Orange County Mortgage Rates Could Rise Soon is a post from: Orange County Real Estate Blog

The overall Months of Inventory for All Price Ranges is still rising as a steady rate, which indicates the market is slowing down. This is due to a combination of the 1t Time Homebuyer Tax Credit termination, and the dog Days of Summer slowdown… the true test will come around September or October, for in past years, this indicator would max out and then decline in those months…. if it does not Max out this time, this may signal the beginning of double dip in home prices.

All Price Ranges are beginning to slow down, with the High End (Prices above %1.1Mil) as usual, being the softest at around 11.5 Months of Inventory which is a soft Buyers market. On the other end of the spectrum at the “Less than $450,000″ price range, the months of inventory is 1.8 months, which is a brisk Sellers Market, often times results in multiple offers on well price listings… Albeit, most of these lower priced listings that sell quickly are either bank owned REO properties or short sales.

The Inventory of Active Homes for sale continues to steadily rise since the beginning of this year, while the rate of sales (Pending in Escrow), has been steadily declining since April/May of this year. Of interesting note, is the number of  Homes Pending at this time compared to last year… The national press has been making the headlines about how the number of sales (or homes Pending under contract) has dropped by 25% in July of this year, as compared to July last year. The rate of sales in south Orange County has started to decline since April, but at a much slower rate of decline compared to national reports. In July of this year, the number of homes in Escrow was 1,809, as compared to last July which had 1,736, which actually represents an increase of 4%… not a decline of 25%.

As we estimated well over a year ago, the overall dramatic decrease in the Months of Inventory put a halt to price reductions… prices have been holding steady for over a year now. If the Months of inventory keeps rising, and does not Max out in October, we may see an additional small decline in prices in the months ahead.

For more information about Orange County real estate, feel free to contact eVantage Real Estate at:  (949) 388-3396

Orange County Real Estate Market Report is a post from: Orange County Real Estate Blog