The median list price in Laguna Beach for the week of Aug. 19 is $2,395,000.The Market Action Index has been trending down lately, while inventory and days on market are climbing. The trends imply a weakening market. Supply and DemandThe market has been consistently cool for several weeks. Demand levels are low relative to the Read More

Pre-qualifying is currently underway for Jade Court by California Pacific Homes, a brand new courtyard home neighborhood coming soon to the Villages of Irvine’s® Cypress Village. Prospective homebuyers who would like to register their interest and start the convenient pre-qualifying process are encouraged to visit calpacifichomes.com. Now is a great time to make the first Read More

The median list price in Corona del Mar this week is $3,159,000.Inventory is up, and market action is trending down recently. While days on market appear to be trending lower, the overall conditions are weakening a bit. Supply and DemandMarket conditions have been consistently cooling in the past several weeks.       Source: Altos Read More

First, the headline sales number was no surprise (see Lawler: Early Look at Existing Home Sales in July). Second, the strong sales rate in July is not a sign that higher mortgage rates have had no impact on sales. The NAR reports CLOSED sales, and the usual escrow period is 45 to 60 days. Mortgage Read More

For the second consecutive week, mortgage applications fell as higher interest rates continued to put the squeeze on refinancing activity, the Mortgage Bankers Association reported Wednesday. The MBA’s index on mortgage application activity, which includes both refinancing and home purchases, dropped 4.6 percent for the week ending Aug. 16. The refinance index was attributed to Read More

The median list price in Newport Coast this week is $3,999,500.The Market Action Index has been trending down lately, while inventory and days on market are climbing. The trends imply a weakening market. Supply and DemandMarket conditions have been consistently cooling in the past several weeks. Because we’re still in the seller’s zone, prices have Read More

The median list price in Dana Point this week is $1,399,000.The Market Action Index has been trending down lately, while inventory and days on market are climbing. The trends imply a weakening market. Supply and DemandThe market has been cooling off a bit in recent weeks as more homes are available and demand is less. Read More

The median list price in Newport Beach is $2,099,000.Inventory is up, and market action is trending down recently. While days on market appear to be trending lower, the overall conditions are weakening a bit. Supply and DemandThe market has been cooling off a bit in recent weeks as more homes are available and demand is Read More

Keyshawn Johnson Selling $8.495M Calabasas Mansion — Is To Escape Nightmare Neighbor Justin Bieber? Former NFL wide receiver Keyshawn Johnson, perhaps fed up with the skid marks his fast-driving neighbor Justin Bieber leaves in the neighborhood — has places his Calabasas, Calif. estate on the marked for $8,495,000, and RadarOnline.com has a look at the Read More

The median list price in Laguna Beach this week is $2,399,900. Even though the days on market are trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market. Supply and DemandThe market has settled in at a relative stasis in inventory and sale conditions.     Read More