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        <title>San Clemente Real Estate Blog</title>
        <link>http://www.sanclementerealestate.com/blog/san-clemente-new-homes-for-sale/</link>
        <description>San Clemente Real Estate Information Blog relating to all things San Clemente.  Timely San Clemente Real Estate Information.</description>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-homes-that-offer-rate-buy-down.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-homes-that-offer-rate-buy-down.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Homes that offer Rate Buy Down</title>
    <description> <![CDATA[ 
Rising Interest Rates has become a problem for those looking to get a mortgage when buying a home in todays real estate market. nbsp;These higher rates were intended to slow down pries and inflation but the actual opposite as happened. nbsp;Due to low inventory, we have what they call shelter inflation which is reaction to the Federal government raising interest rates. nbsp;Its basically explained as the higher the interest rates go, less and less people who currently have a 3 or 4 percent mortgages on their home would not want to put their home on the market and buy another property at interest rates in the 6 to 7 percent range due to the higher costs involved. nbsp;So the higher interest rates have created a very limited number of homes coming on the market which is causing a high demand for these homes and in turn is driving prices to continue going up. nbsp;Thus, having higher interest rates are creating higher prices in our real estate market which is counterintuitive to the Feds purpose in trying to lower prices. nbsp;How long this will continue will be interesting as the Feds have indicated that there are more interest rate hikes that are expected in November and/or December of this year.


One of the ways to circumvent these higher rates is to offer an incentive to buyers who are getting a loan and offer to buy the rate down. We initially saw this with new home builders as they do a lot of their own financing and thus are able to work with buyers and getting slightly lower rates. nbsp;Now, we are starting to see this with some sellers that are willing to give the buyer a credit in order to buy the interest rate down. nbsp;How this works is that the seller finds out from the buyers lender how much it would cost to bring down the interest rate by however much the buyer is looking to get a loan. nbsp;I think we will start to see this method being used when interest rates continue to go up as many sellers in todays market are still able to sell their home for record prices without using this method.






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    <pubDate>Fri, 29 Sep 2023 12:57:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/shorecliffs-walk-to-the-beach-homes.html</guid>
    <link>http://www.sanclementerealestate.com/blog/shorecliffs-walk-to-the-beach-homes.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Shorecliffs Walk to the Beach Homes </title>
    <description> <![CDATA[ 
One of the hottest neighborhoods right now is the Shorecliffs San Clemente community. nbsp;Over the last several months that have been record sales in this community that have topped over $2 million dollars and this trend continues into the first months of 2023. nbsp;One reason for these high prices is the new community of Socorro Shores which features brand new construction homes that some were finished in 2022. nbsp;These are larger homes that can span over 4,000 square feet of living space with larger and attractive lot sizes. nbsp;One of the huge selling points for these homes is that they advertise low homeowners association dues with no Mello-Roos tax. nbsp;If you are buying a new home and can avoid paying an annual Mello Roos tax which can span over 30 years then that is a huge plus.nbsp;We have put together a list of the last 50 homes that were sold in the Shorecliffs community to get a better idea of market trends here. nbsp;All of these are sold properties that are indicated as S (Sold) in the status section.





The biggest trend we are seeing in this community are for those homes that offer some kind of a view are being fixed up and then sold for really great prices. nbsp;For example, the community just had a sale a couple weeks ago at 215 Via Socorro that was listed at $2,229,000 and ended up selling for $2.3 million after being on the market for 23 days. nbsp;This was a smaller home with four bedrooms and 1,779 square feet but was renovated very nice in the Farmhouse style. nbsp;A couple months before that there was a stunning home that had been renovated to look like a newer home that offered 2,525 square feet and ended up selling with multiple offers at $1,999,000. nbsp;Even though the market activity has slowed down in the recent months we are still seeing a lot of homes selling within 30 days and often with multiple offers if priced correctly. nbsp;This is due in fact to the low inventory of housing in San Clemente combined with a lot of cash buyers. Please call us at 949-204-5110 for additional questions.






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    <pubDate>Wed, 15 Feb 2023 11:28:00 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/southwest-san-clemente-new-construction-homes.html</guid>
    <link>http://www.sanclementerealestate.com/blog/southwest-san-clemente-new-construction-homes.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Southwest San Clemente New Construction Homes</title>
    <description> <![CDATA[ 
The Southwest San Clemente area is often considered one of the best neighborhoods in San Clemente near the beach due its unique collection of various types of single family homes. nbsp;In the last several years we have seen a lot of construction in this area due to the rising real estate prices and the need for more housing inventory. nbsp;In the last week 2 new brand new construction listings have come on the market in. Southwest San Clemente for a total of 3 homes on the market that were built in 2022. nbsp;We have actually been waiting for these homes to come on the market since they have both been under construction for some time now. nbsp;The unique part about these 2 new listings is that they are located right next to each other on the street called Avenida Princesa.


211 Avenida Princesa is a 4 bedroom home that is reported by the builder of being over 3,500 square feet with a bonus roof top deck. What I love about this property is the unique architectural modern Farmhouse design that features wide open spaces making it an easy flow in between the rooms. For example, the living room and kitchen spaces open to each other as well as a covered outdoor patio space that brings the outdoors inside. nbsp;The primary bedroom is very generous and size and comes with a spa like primary bathroom with separate jacuzzi soaking tub and walk-in shower. nbsp;Its also what I would call a smart home that comes with a lot of new technology incorporated into the house to make beach living that much easier. nbsp;Its currently on the market for $4,799.000.


213 Avenida Princes is a 4 bedroom home that is reported by the builder of being over 3,900 and equipped with a two car garage. nbsp;This home has a little bit different feel than 211 Avenida Princesa but still lncorporates a functional open floor plan as well as a very nice covered outdoor patio space. nbsp;The gourmet kitchen is really amazing on this house with tons of cabinetry, water fall edge center island with seating and custom fitted appliances. nbsp;All of the rooms in this house tend to be of generous size with a bonus roof top deck as well. Its currently on the market for $4,999,000 probably due to the larger square footage. nbsp;Both of these are a perfect example of what is being built in the Southwest area here in San Clemente. nbsp;For a tour of any of these homes please reach out to us direct at 949-204-5110.






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    <pubDate>Thu, 21 Jul 2022 11:49:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-new-construction-opportunities-for-2022.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-new-construction-opportunities-for-2022.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente New Construction Opportunities For 2022</title>
    <description> <![CDATA[ 
San Clemente has seen a very limited inventory of homes for the year 2021 with a small number of new homes being built for re-sale. There are still some great opportunities out there if you know where to look. nbsp;One of these opportunities is a new construction listing located at 1205 Via La Mesa which is scheduled to become between a 4,200 to 4,500 square foot home with a total of 5 bedrooms and 5 baths. nbsp;If you are family with the street Via La Mesa then you know its located on the east side of the 5 freeway and is being advertised as offering ocean and coastline views. nbsp;Its reported that a prominent builder will be in charge of building this modern architectural style home with quality craftsmanship. nbsp;The nice thing about this project is that the buyer may have the ability to choose certain features and designs if its early enough into the building process. nbsp;Its currently listed at $2,999,000 and schedule to officially come on the market on March 01, 2022.





We expect to see more listings coming on the market after the first of the year when the San Clemente Real Estate market typically picks up a lot of speed. nbsp;We are finding that a lot of home buyers are looking for turnkey properties that require little upgrading which makes new construction homes very appealing. nbsp;San Clemente has a total of 9 different neighborhoods that offer their own unique price points and style of homes so we recommend talking with a local agent who understands the nuances of each of these areas. nbsp;For example, buyers looking for newer style homes will often choose the Talega area since many of the homes have been built within the last 20 years. nbsp;We have gathered the recent new construction home sales below to show what has sold in the last 365 days. nbsp;For more information on buying a home in San Clemente please contact our local agents at 949-204-5110 today.






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    <pubDate>Wed, 22 Dec 2021 13:42:00 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-coming-soon-listings.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-coming-soon-listings.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Coming Soon Listings</title>
    <description> <![CDATA[ 
The San Clemente Real Estate market in the last three to four months has been really crazy as buyers are bidding against each other when new listings that are priced well come on the market. nbsp;Many thought COVID would bring the real estate market down but it has actually had a reverse effect and the market has never been stronger. nbsp;One of the biggest issues is limited inventory which has been a problem for the last two to three years in San Clemente and has become even more limited due to COVID. nbsp;What many buyers are doing is looking for homes that are not on the market yet but will be coming on the market soon. nbsp;These listings that were once only limited to real estate agents are now available to the general public.


One of the best things you can do when looking for a home in San Clemente is to identify the right neighborhood that you want to live. nbsp;For example, if you are looking for a larger home near the $1 million dollar price point then communities like Talega or Forester Ranch may be a better fit than homes near the beach which tend to be much smaller and more expensive. nbsp;If you want a home in a gated community then neighborhoods like Cyprus Shore, Sea Pointe Estates and Careyes may be a good option. nbsp;Once you have identified the perfect neighborhood then we recommend reaching out to local agents who cover and know that community to know if they know of any new listings that may be coming on the market. nbsp;This combined with the new coming soon listings will help you identify the right property for you. nbsp;If you need help please contact any of our local San Clemente Real Estate agents at 949-204-5110 today.






 ]]> </description>
    <pubDate>Thu, 10 Sep 2020 21:03:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-homes-that-are-priced-to-sell.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-homes-that-are-priced-to-sell.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Homes That Are Priced To Sell</title>
    <description> <![CDATA[ 
What a difference a couple of months make when looking at San Clemente real estate market. nbsp;COVDI19 has really changed the landscape of the marketplace and has actually caused the reverse of what most people think would happen. nbsp;We get a lot of calls from buyers thinking they can get a big discount on real estate since they feel the overall economy has taken a hit due to the large number of jobs that were lost. nbsp;In fact, the opposite has happened to the real estate market. nbsp;The inventory of homes on the market for sale was low before COVID19 and because of the pandemic there are even less sellers wanting to put their home on the market. nbsp;Given the high demand of buyers that still want to buy in part to the very low interest rates there is almost a bidding war when new properties come on the market.


Its not uncommon now to see multiple offers on properties that are priced at market value. nbsp;The COVID effect has turned this market into a sellers market with an even more lower inventory of homes on the market for sale.nbsp;Homes that marketed as priced to sell are getting a lot of attention right now since homes that are priced correctly are getting a lot of activity. nbsp;This is also true for vacation rental properties this year as many clients are tired of being stuck in their homes and would rather spend time in a luxury vacation home. nbsp;Its unique that something that would normally depress a real estate market has actually made it even stronger. nbsp;If you are thinking about buying a home in the San Clemente area please contact any of our local real estate agents at 949-204-5110 today.






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    <pubDate>Tue, 16 Jun 2020 10:36:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/most-expensive-san-clemente-homes-sold-in-2019.html</guid>
    <link>http://www.sanclementerealestate.com/blog/most-expensive-san-clemente-homes-sold-in-2019.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Most Expensive San Clemente Homes Sold in 2019</title>
    <description> <![CDATA[ 
This has been a great year of real estate in San Clemente with over 900 homes selling in this calendar year. nbsp;The strength of the economy and the stock market has resulted in a very active market with higher sales than the previous year. nbsp;There were a total of seven homes that sold for $4 million dollars or more with the top sale over the $6 million dollar price point. nbsp;December is typically one of our slower months but many agents whom I have spoken with think its been the busiest December that we have had in recent years. Here is a quick guide to the highest homes sales in San Clemente for 2019.


The highest sale this year occurred in the Cyprus Cove community which sold before it even came on the market. nbsp;This was a newly designed home by James Glover who has done some amazing homes. nbsp;The five bedroom, four bath home featured 4,728 square feet of living space and was located one street back from the ocean front with wonderful ocean views. nbsp;The home truly incorporated top of the line finishes and details throughout the home with a warm Contemporary feel to it with a lot of wood accents. nbsp;Cyprus Cove is a 24 hour guard gated community in the Southwest San Clemente area with a private walk to the beach location. nbsp;Amenities include a community pool, tennis court and clubhouse.





The next highest sale was actually a residential ocean front condo that sold for $4.5 million dollars. nbsp;San Clemente has come a long way in condo sales with this stunning condo located on the ocean front street of Buena Vista. nbsp;The 3 bedroom condo featured an approximate 3,500 square feet of living space and was newly constructed and completed in 2019. nbsp;The condo is located in a complex of 4 residential condos with the other 3 properties still available for sale. nbsp;Those condos are currently listed between $3,995,000 to $4,695,000. nbsp;Some of the highlights in this sale included 10 foot ceilings, disappearing glass doors to take in the ocean views and a gourmet kitchen that would rival any professional chefs kitchen. nbsp;Of course, no expensive was spared with the custom bathroom and finishes throughout the home.





The third highest sale was located in the new Sea Summit community in San Clemente that is located on the ocean side of the 5 freeway. nbsp;The four bedroom home was originally listed at $4.8 million and sold for $4,425,000 after being on the market for a total of 93 days. The home featured wonderful ocean views with an approximate 4,179 square feet of living space on a 8,447 square foot lot according to our multiple listing service data. nbsp;The Tuscan and Mediterranean designed home was completed in 2017 and truly embodies the wonderful upgrades and views you can find in Sea Summit. nbsp;The floor plan incorporated a main floor bedroom with 3 additional bedroom located on the upper levels with fantastic views. nbsp;The lot was large enough to accommodate a resort style pool complete with a 3 car attached garage. nbsp;The good news for buyers is that we are starting to see more re-sale homes coming on the market in Sea Summit with price ranges starting at $1 million dollars.





Below are some of the most expensive homes listed for sale in San Clemente. nbsp;Please contact any of our local San Clemente Real Estate agents at 949-204-5110 for information on any of these luxury properties.



 ]]> </description>
    <pubDate>Tue, 10 Dec 2019 16:41:00 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-turnkey-homes.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-turnkey-homes.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Turnkey Homes</title>
    <description> <![CDATA[ 
When I first got into real estate over 20 years ago I always heard the word turnkey and had no idea what people were talking about. nbsp;It seems like its a favorite word among real estate agents for describing a home that is in excellent condition. nbsp;it wasnt later that it was explained to me that it literally meant turn the key in the door and leave without any concern about something falling apart or not working correctly. nbsp;Once I got this explanation it started to make sense but I still feel like its a word that is over used by the real estate community.


Nevertheless, its a short way to describe a home that needs little to no work done on the home. nbsp;Basically, bring your touthbrush and move right in. nbsp;This is especially true to describe condos in this way as they are typically lower maintenance than a single family home and many who travel a lot are looking for a place they wont have to worry about when they leave. nbsp;


There are currently 18 properties on the market right now being advertised as turnkey properties ranging from a $419,000 condo in the Vista Pacific community to a $3,200,000 single family home nbsp;in the San Clemente North area. nbsp;The large majority of these homes are older homes that have been maintained in excellent condition and priced under $1,300,000. nbsp;Some exceptions to this would be newer construction homes located in the new Sea Summit community. nbsp;If you are looking for a turnkey home in San Clemente please contact any of our San Clemente Real Estate agents at 949-204-5110.






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    <pubDate>Tue, 05 Mar 2019 11:16:00 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-model-homes-for-sale.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-model-homes-for-sale.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Model Homes For Sale</title>
    <description> <![CDATA[ 
We have many clients who are looking for a highly upgraded home with modern finishes in a turnkey condition. nbsp;While there are many homes that have been completely renovated there is nothing like a brand new home that offers everything that a client is looking for. nbsp;Model homes tend to offer these amenities and one of the best places to look is the brand new Sea Summit community in San Clemente which offers 4 unique neighborhoods that typically have 3 model homes to display various floor plans that each specific neighborhood has to offer.


A perfect example of a model home that is offered for sale in Sea Summit is the home located at 123 Via San Sebastian in San Clemente. nbsp;Its located in the most expensive Indigo neighborhood and was the Residence 2 model home that Sea Summit used to showcase the floor plan that offered four bedrooms, five baths with 4,937 square feet of living space. nbsp;Its listed at $5,885,926 and not springily already has an offer on it. nbsp;Some of the features included stunning ocean views from both levels of the home, rich hardwood flooring, central interior courtyard, stunning Master bedroom and Master bath. nbsp;Gourmet Chefs kitchen with top of the line appliances with an over-sized island. nbsp;Even though this home has been committed there are still several other model homes that are still available for sale. nbsp;


There are also former model homes from several years ago that are coming on the market for sale that offered all of the upgraded amenities when the home was built. nbsp;These can be excellent opportunities to buy highly upgraded homes as well. nbsp;We work with many clients looking for these types of homes so please contact any of our San Clemente Real Estate agents at 949-204-5110 today to start your search.






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    <pubDate>Mon, 26 Nov 2018 13:28:30 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/sea-summit-mello-roos-fee.html</guid>
    <link>http://www.sanclementerealestate.com/blog/sea-summit-mello-roos-fee.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Sea Summit Mello Roos Fee</title>
    <description> <![CDATA[ 
Its hard to find any new community in Southern California being built that doesnt have the added Mello Roos bond attached to it. nbsp;For those new to the California real estate market the word Mello Roos will be an unfamiliar term, as it was when I first moved here to California. nbsp;In essence, a Mello Roos bond is typically a monthly fee that is paid on top of any homeowners association fee and any individual mortgage. nbsp;For the most part this is only associated with new communities as you rarely see Mello Roos tax on older homes. nbsp;In San Clemente, the most popular area to find Mello Roos is the Talega area which features over 40 communities that all have the added Mello Roos bond fee. nbsp;Mello Roos bonds are normally around 30 years and the fee goes towards paying for the community sidewalks, streets and other neighborhood features that the builder wants to pass on to the home buyer. nbsp;Its such a common thing that home buyers expect the fee but have problems in calculating the exact cost.


We have a buyer whos interested in buying the Azure Sea Summit community but was unclear about the exact cost. nbsp;Mello Roos fees can fluctuate a lot of times making it confusing to figure out even for real estate agents as we typically quote an approximate cost. nbsp;Upon talking with the sales office, which was very nice and friendly, they quoted us a percentage that included taxes and Mello Roos to be approximately 1.8 which is right in accordance with the literature that they gave to us. nbsp;In California, the state charges 1 of the purchase no matter where you buy in California. nbsp;So buying a $1 million dollar home will have a yearly tax of $10,000 which is approximately $833.00 a month. nbsp;Keep in mind that you have city taxes on top of that. nbsp;Most areas of San Clemente will be approximately 0.10 so your total fee would be an approximate 1.1 of the purchase price. nbsp;This number will vary depending on where you buy, especially if there is Mello Roos, so we always recommend asking the listing broker for the approximate cost.


Homeowners association dues in the Azure Sea Summit community are currently $250.00 a month and at build out they will be lowered to $215.00 a month. nbsp;So make sure you calculate these various costs when deciding to purchase a home in any community in California. nbsp;Sea Summit is building only a limited number of homes and communities like Azure will be only feature a total of 81 homes. nbsp;The new Sea Summit club featuring an ocean view community pool area has just recently opened so this is a great to take a visit down to these new homes.


We would be happy to help you calculate all the costs that are involved in buying a home. nbsp;Our agents use top rated escrow companies that can give you a buyer net sheet to analyze all of your closing costs including mortgage fees, taxes, homeowners association dues, escrow fees, title fees and Mello Roos. nbsp;If you would like this type of breakdown please give us a call at 949-204-5110. nbsp;The Sea Summit community does require us to be with you when you first visit them so If you would like the professional services of an agent please contact us and we will be happy to meet you at any of the homes there.



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    <pubDate>Mon, 15 May 2017 15:49:00 -0700</pubDate>
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