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        <title>San Clemente Real Estate Blog</title>
        <link>http://www.sanclementerealestate.com/blog/san-clemente-real-estate/</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/downtown-san-clemente-rentals.html</guid>
    <link>http://www.sanclementerealestate.com/blog/downtown-san-clemente-rentals.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Downtown San Clemente Rentals</title>
    <description> <![CDATA[ 
We receive a lot of calls for clients looking for rentals in the San Clemente area. nbsp; One of the more popular areas to find rentals in the Downtown area. nbsp;This area is covers homes located on the west side of the 5 freeway and located between the T-Street and the North San Clemente neighborhood. nbsp;If you are new to San Clemente then its important to know that there are a lot of income property buildings which comprise of duplex, triplex and four unit places. nbsp;I have lived here for 25 years and there has always been a strong demand and a short supply in this area. nbsp;In todays age of short term vacation rentals owners can get good money during the high seasons summer months so many owners have elected to do short term rentals. nbsp;These are typically rented out by the month with June, July amp; August being the most popular. nbsp;


If you are looking for a long term rental property then its important to be patient as these dont come on the market that often. nbsp;We always recommend looking in the San Clemente North and Southwest San Clemente areas which border the Downtown area and tend to have more inventory. nbsp;Rental prices will vary a lot since this is a high demand area but expect to pay at least $4,000 a month for a one or two bedroom condo. nbsp;Other areas may have lower price points so please contact us at 949-204-5110 for a complete list of short or long term rental properties.






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    <pubDate>Wed, 31 Jul 2024 16:39:00 -0700</pubDate>
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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/san-clemente-historic-home-tour-oct-2023.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-historic-home-tour-oct-2023.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Historic Home Tour - Oct 2023</title>
    <description> <![CDATA[ 
Its that time again for the annual San Clemente historic home tour that will take place this year on Saturday October 14, 2023 from 12:00 to 4:00pm. nbsp;As you know San Clemente has a very limited number of historic homes so any chance you can get a chance to view these homes its well worth it. nbsp;This year they will be touring 12 homes which will be self-guided so similar to an open house. nbsp;The tickets have already gone on sale and they are currently $35.00 until September 1st and then it goes to $40 until October 13th and then $45 the day of the tour. nbsp;They dont announce what homes will be on the tour so it is a total surprise for everyone involved. nbsp;Once you purchase the tickets then you will get notices before the day of the event. nbsp;To get tickets email info@sanclementehistoricalsociety.orgnbsp;and they will be able to assist you.


The sale of historic homes in San Clemente for the year 2023 has been pretty quiet with only 2 properties selling. nbsp;132 Avenida Miramar pictured below sold in March of this year for $1,850,000 after being on the market for only 3 days. nbsp;They were originally asking $1,795,000 and it got bid up $55,000 above the asking price. nbsp;This was a super cute home that had 3 bedrooms, 2 baths with an estimated 1,600 square feet. nbsp;The property is commonly known as Casa Miramar and was originally built in 1926 for the San Clemente volunteer fire chief so it has a lot of history to it. nbsp;





The second sale was located at 306 Avenida Victoria and sold for $1.5 million early this month. nbsp;This one was built in 1942 and located in the San Clemente Pier area with a short walking distance to the beach. nbsp;It featured two bedrooms, one bath with an approximate 857 square feet. nbsp;It came with a one car attached garage and sold after being on the market for 92 days. nbsp;Original asking price was $1,575,000.





There is one currently for sale located at 233 Avenida Santa Barbara as pictured below. nbsp;This is a two bedroom home that features an approximate 925 square feet with a one car detached garage. nbsp;It was built in 1929 and has been nicely restored. It is currently on the market for $1.8 million and offers a location that is within walking distance to the Downtown San Clemente business district filled with some shopping and restaurants. nbsp;For more information on this home please contact our historic home experts at 949-204-5110.








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    <pubDate>Thu, 31 Aug 2023 13:26:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/alassio-san-clemente-rentals.html</guid>
    <link>http://www.sanclementerealestate.com/blog/alassio-san-clemente-rentals.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Alassio San Clemente Rentals</title>
    <description> <![CDATA[ 
One of the most affordable places to find condo rentals in the Talega area is the Alassio tract. nbsp;For the most part, rental prices have consistently been under the $4,000 a month range for 2 and 3 bedroom condos that start just over 1,200 square feet of living space. The most recent rentals that have been leased out are feature below in this rental history chart and give you a good idea on what things rent for here. I love this location as its a short walking distance to the Ralphs shopping center filled with some great restaurants and retail stores. nbsp;One thing to keep in mind is that these condos are located multiple levels that often comes with attached garages that offer direct access into the condo. nbsp;Some of the features that are really popular here is having a gas fireplace, covered outdoor patio space and large kitchens with lots of storage. nbsp;





The Alassio community is a great place to rent a home that comes with a lot of amenities that are typically paid for by the landlord and included in the rent. nbsp;Rentals here are typically 12 month leases for the first part with the landlord asking for the 1st months rent plus security deposit as well as a credit check fee. nbsp;Pets are on a case by case basis as some owners will allow them with certain restrictions while others have a no pet policy. nbsp;Most owners will ask for a 3 page rental application filled out, 2 months worth of bank statements, recent pay stubs and credit report. nbsp;Security deposits will vary a little but they are typically around the same amount of the rental price with some variations. nbsp;Inventory of rentals has been limited so please reach out to us at 949-204-5110 to be put on a waiting list and with any questions.






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    <pubDate>Mon, 31 Jul 2023 12:44:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/colony-cove-san-clemente-ocean-view-homes.html</guid>
    <link>http://www.sanclementerealestate.com/blog/colony-cove-san-clemente-ocean-view-homes.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Colony Cove San Clemente Ocean View Homes</title>
    <description> <![CDATA[ 
Colony Cove is mostly a senior 55+ community with some sections that has no age restrictions. nbsp;What I love about this neighborhood is that they are like small little bungalow homes that located close together to create a real sense of community. nbsp;The location is situated high on a hill is most sections which you think it would lend itself to offering a lot of ocean view properties but the top of the bluff is pretty flat so a large majority of the homes not offering any kind of views unless you are located on the front row which has true ocean front views. nbsp;Finding an ocean view home here takes a lot of patience and typically commands a good premium in price compared to other homes in this community. nbsp;A perfect example of this is a new listing in Colony Cove that does offer ocean views and is currently priced over the $1 million dollar price point. nbsp;The property is located at 305 Camino San Clemente and is not located right on the bluff front but still offers some views of the Pacific Ocean.


305 Camino San Clemente offers a total of two bedrooms with 1,204 square feet of living space. nbsp;This is pretty good size for a two bedroom home with soaring wood beamed ceilings which give the illusion of extra space. nbsp;There also a lots of windows that let in natural light with a mid-century modern style architecture to it. nbsp;The listing indicates that there have been some improvements done on the property like laminate flooring that has the look of wood flooring, kitchen with quartz counters and stainless steel appliances. nbsp;What comes in handy is the interior laundry area in the kitchen as well as a wonderful fireplace that accents the living room. nbsp;Over the years very few ocean view homes have come on the market in Colony Cove so this is an excellent opportunity. nbsp;Monthly homeowners association dues currently run $395.00 a month which is very reasonable for the area and includes a nice centrally located community clubhouse and pool. nbsp;The community is not gated so its easy to drive by the area to see if you like it or not. nbsp;For tours of any of the homes here please contact us at 949-204-5110.






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    <pubDate>Fri, 30 Jun 2023 10:42:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-homes-for-sale-under-15-million.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-homes-for-sale-under-15-million.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Homes For Sale Under $1.5 Million</title>
    <description> <![CDATA[ 
I have a client that is coming into town and is looking to buy a home or condo for under $1.5 million. nbsp;When doing a search this morning it was evident that there were not a lot of quality properties on the market even with this healthy price range. nbsp;Properties listed between $1 to $1.5 million were predominately single family detached homes spread throughout the Talega, Forster Ranch, Rancho San Clemente and the San Clemente North neighborhoods. nbsp;There was no one property that really stood out as a great deal in a great neighborhood but more like average to good homes in neighborhoods my client was not interested in living. nbsp;The Talega area was automatically out due to the conformity of tract style homes that look to similar to neighboring homes combined with the additional Mello Roos tax that is often associated with Talega homes. nbsp;There were other properties that were located in areas that have seen land slides so I was not comfortable in showing those homes as well.


Whats happening in the San Clemente Real Estate market and countrywide is that there is not a lot of inventory of homes on the market. nbsp;Sellers dont want to sell since many of these owners have locked in very low interest rates and would be forced to pay a lot more in mortgage payments with the higher interest rates when they buy another property. nbsp;This is essentially what is keeping real estate prices up during a down market is there is still a good amount of people that want to buy combined with a limited number of homes on the market creating stable prices. nbsp;Is it a good time to buy a home? nbsp;The answer to this question I believe is YES. nbsp;Look down the road in two to three years when interest rates will start to come back down, once this happens real estate prices will continue to climb upwards. nbsp;The key to buying in this market is not to buy properties in less demand and cherry pick the very best properties in the best locations. nbsp;If these properties are priced correctly expect to have other buyers competing against you for the same property but down the road this will most likely turn out to be a good long term investment. nbsp;Below are the current San Clemente homes for sale under $1.5 million.






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    <pubDate>Wed, 31 May 2023 11:17:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/san-clemente-pier-close-condos-for-sale.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-pier-close-condos-for-sale.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Pier Close Condos For Sale</title>
    <description> <![CDATA[ 
We had a client call us last week that was looking for a condo near the San Clemente Pier. nbsp;I explained to him this area is called the Pier Bowl area and is a very popular place to live since it offers quick access to the beach while also being within walking distance to the many boutique retail stores and restaurants that can be found on the famous Avenue Del Mar street which starts from El Camino Real street and leads directly down to the San Clemente Pier.


Real Estate prices for this area have gone up in recent years with some of the lowest price condos found in the mid $600,000 range. nbsp;In fact, the condo that the client was calling on was 420 Monterey Lane R2 which was a very small condo with 300 square feet that was listed at $649,000. nbsp;It is located in the Panorama building which is one of the best places to find the most affordable condos in the Pier Bowl area. nbsp;Of course, this property sold pretty relatively quickly due to its great price point and close proximity to the beach. nbsp;Other condos in the area are not as affordable and currently start at $1,199,000 for a two bedroom condo on Avenida Santa Barbara street which is also located in the Pier Bowl area. nbsp;There are reports of a new penthouse level condo coming up for sale soon in the Panorama building that offers panoramic ocean views. nbsp;Please give us a call nbsp;at 949-204-5110 for more details on this unique opportunity.






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    <pubDate>Thu, 27 Apr 2023 11:38:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/capistrano-shores-san-clemente-rentals.html</guid>
    <link>http://www.sanclementerealestate.com/blog/capistrano-shores-san-clemente-rentals.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Capistrano Shores San Clemente Rentals</title>
    <description> <![CDATA[ 
Capistrano Shores is well known for having some wonderful beach front properties that are located right next to the sandy beach. nbsp;These homes are typically offered for sale and rarely come on the market for lease. nbsp;When looking at the stretch of homes between the north side of San Clemente between the Ole Hanson Beach Club and Doheny Beach in Dana Point you will see two different communities that are located next to the sand. nbsp;Capistrano Shores is located in the city of San Clemente and originally was a manufactured home community on lease land. nbsp;This all changed with the owners had the opportunity to buy the land which caused many to develop larger two story homes. nbsp;The other community located in the city of Dana Point is a community called Beach Road. nbsp;These are typically detached residential single family homes with some duplex properties mixed in there as well. nbsp;Beach Road offers a 24 hour guard gate which makes it very private with a security patrol as well.





For those looking for furnished rentals both communities are a great place to start if you want a beach fronting property. nbsp;Beach Road will typically have more options to start with but keep in mind that the city of Dana Point has enacted a law that requires a minimum 30 day rental on any property. nbsp;So if you are thinking about doing a one week stay its probably best to look somewhere else. nbsp;There are currently two properties listed for lease in Capistrano Shores. nbsp;One is a two story home pictured above that is currently listed for lease at $22,000 a month. nbsp;The desired length of the lease is 12 months and it comes furnished as well. nbsp;Rent includes electricity, gardener, gas, sewer, trash pickup and water. nbsp;For those looking for a shorter term please contact us and we will double check to see if they would be willing to accommodate a shorter term lease. nbsp;There is another property listed for $25,000 a month that is pictured below that also comes furnished and open to a negotiable lease term length. nbsp;Typically the summer months tend to book up very quickly with the month of July being the most desirable month. nbsp;Please call us at 949-204-5110 to discuss further.nbsp;






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    <pubDate>Mon, 20 Mar 2023 15:57:00 -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/san-clemente-detached-homes-under-15-million.html</guid>
    <link>http://www.sanclementerealestate.com/blog/san-clemente-detached-homes-under-15-million.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Detached Homes under $1.5 Million</title>
    <description> <![CDATA[ 
In the last several years we have seen a big increase real estate prices in San Clemente, California. nbsp;Its very hard to find any decent detached single family home in a nice area for under $1 million dollars. nbsp;Last year we saw a shifting market where properties were on the market a lot longer than what we had experienced in recent years so there was the anticipation that real estate prices may go down. nbsp;This was the case in some of the properties sold last year but the overall pricing of homes still remains high and has not seen a huge dip as some were expecting. nbsp;There are still some great values for homes if you know where to look, especially in trying to find a detached single family home for under $1.5 million.


One of the better values that we have seen for detached homes is in the Villa Pacifica community in San Clemente. nbsp;There is currently a 4 bedroom home with an approximate 2,589 square feet of living space on the market for sale at $1,349,000. nbsp;This is approximately $521.05 per square foot which is a tremendous value for a two story home that was newly built in 2001. nbsp;Its technically located in the Rancho San Clemente area but really feels more like the Talega area with beautiful Spanish and Mediterranean style homes. nbsp;This is not a large neighborhood so dont expect a lot of amenities but because of this monthly association dues are kept low.


Another affordable community is the Ashton community in the Forster Ranch area of San Clemente. nbsp;When I first moved to San Clemente this was always some of the lowest priced detached homes in San Clemente. nbsp;Currently there is a 3 bedroom home on the market for $1,225,000 which features an approximate 1,941 square feet. nbsp;What I love about this homes is they have great curb appeal and often built in the Cape Cod architectural style. nbsp;The homes can have vaulted ceilings and nice patio size backyards and is a perfect place to buy a starter or investment property.


The Talega area is also an excellent choice for those who prefer homes that were built in the last 20 years with lots of community amenities. nbsp;These are over 40 master planned neighborhoods that all offer tract style homes with a variety of price points and floor plans. nbsp;Some of the more affordable homes under $1.5 million can be found in neighborhoods like San Lucar which currently has a four bedroom home on the market for $1,469,000. nbsp;The homes offers an approximate 2,448 square feet and looks and feels like a newer home. nbsp;Its important to note that many homes in the Talega area due have a Mello Roos tax so keep that in mind when looking in this area. nbsp;For expert advice when buying a home here please reach out to our skilled San Clemente Real Estate agents at 949-204-5110. nbsp;Below are the current homes for sale in San Clemente under $1.5 million.



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    <pubDate>Tue, 17 Jan 2023 11:19:00 -0800</pubDate>
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