Monthly Archives: September 2013
← Older postsSeptember 30, 2013 – Coastal Market Update – Corona Del Mar
THE MEDIAN LIST PRICE in Corona Del Mar this week is $3,177,000.Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market. SUPPLY AND DEMANDIn terms of supply and demand, the market is cooling – more supply is coming on the market Read More
September 27, 2013 – Better lock in your mortgage rate. Now!
Real estate stocks rallied, and mortgage rates fell, as fears of Fed “tapering,” at least in the short term, evaporated. The Federal Reserve will continue to buy U.S. Treasury securities and agency mortgage-backed securities, both of which have kept mortgage rates well below historical norms for the past few years. Fed governors cited the recent Read More
September 25, 2013 – Coastal Market Update – Laguna Beach
The median list price in Laguna Beach is $2,397,450. The Market Action Index has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends for the market. Supply and DemandThe market has been consistently cool for several weeks. Demand levels are low relative to the available inventory. PricePrices have been Read More
September 22, 2013 – Choose The Right Floor Plan For Your Home
One of the most exciting times in your life can be choosing a home! From what city you will live in to what neighborhood you decide to raise your family – the right home is a major decision. Even more importantly is how you and your family will use your home and ensure it fits Read More
September 20, 2013 – 10 Most Expensive Homes on the Market
Perhaps one of the greatest signs that the real estate market is experiencing a strong recovery? Not one but four listings have entered the market with price tags higher than $100 million — one nearing the $150 million mark. From a massive Connecticut estate to a prime spread in The Hamptons, here are the 10 Read More
September 19, 2013 – Inventory Crunch Over? More Sellers Jump In
Housing inventories were back on the rise in August, relieving many markets that had seen a tight number of homes for sale at the beginning of this year despite rising demand among buyers. More sellers are testing the market as price gains the past year give them more confidence. Housing inventories were just 2.5 percent Read More
September 17, 2013 – The Digital Elite: Modern Day Travelers
It’s no secret that technology has immensely improved our day-to-day lives, but for the traveler of means it has become essential. According to the 2013 Portrait of Digital Travelers™, recently released by MMGY Global/Harrison Group, today’s “Digital Elite” have a whole new standard when it comes to their approach to travel. These tech-savvy individuals are Read More
September 15, 2013 – Pretty Woman’s Palatial Estate For Sale!
It pays to be a Pretty Woman. Julia Roberts is rolling in real estate and it looks like she may have put one of her ultra-luxurious Hawaiian homes on the market for a whopping $17 million. The breathtaking property on the North shore of Kauai has an open air home that is only 1,807 square Read More
September 14, 2013 – Coastal Market Update – Dana Point
The median list price in Dana Point this week is $1,294,000.Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. PricePricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator Read More
September 12, 2013 – The Historic Homes of Legends Hearst, Hughes and Marcus
Throughout history the standards of luxury have continuously evolved, yet the 20th century redefined the concept perhaps more than any other period. Today, we’re taking a look at a few of our favorite luxury homes from this era, all of which hold a special place in history. Each of these residences illustrate the elevated living Read More