The real estate market is constantly changing, especially over the last 8 years. We have seen a real spike in real estate prices but the San Clemente real estate market is seasonal so our high selling season starts in January and usually continues through mid September. In the fall and winter months through Christmas the market can be relatively slow, and this even magnified more as the presidential elections have everyone in a holding pattern. Some of the best deals can be found in these 4 months with sellers that need to sell their home. These seller motivated homes have the potential to be good opportunities for buying a home at a good price. There are certain things to look for when buying a home in San Clemente.
First, know your comps. Your real estate agent should be able to send you a list of sold properties in the immediate area where the home you are interested is located. Comparable sold properties should only be looked at going back six months since appraiser's typically go back this far when assessing the value. It's important to compare similar properties and take in to consideration the upgrades or deficiencies the home may have compared to the home you would like to buy. Once you have a ballpark of what the home is worth be prepared to put in a strong offer slightly lower than market value to see what kind of deal you can get. Make sure you have a letter from you lender showing that you are qualified to purchase the home and include that with your offer.
Sometimes seller's are motivated to sell for a variety of reasons. Job transfer, divorce, moving out of state are always motivating factors that cause seller's to want to sell their home. It's important to consider other motivating influences that you may not be able to see. Neighborhood noise, slope problems and general defects in the house may also be factors in wanting to sell. Do your due diligence in checking out the area and home before you write up an offer. Ask a lot of questions if you can to the owner's agent, neighbors and even the homeowner if you get a chance. The more information you can find out about a property the better negotiating power you will have.
Finally, use the seasonal market here in San Clemente to your advantage. The months of October, November and December are excellent months to buy a home. Come the first of the year the market typically gets very busy with many buyers realizing they must buy for tax purposes. The only downside to buying this time of year is the low inventory of homes on the market. Most seller's will take their home off the market during this time due to the low activity and usually re-list them starting in January and February. For additional questions regarding the real estate market here in San Clemente please don't hesitate to call us at 949-204-5110.
San Clemente 1024 Calle Venezia
THIS IS YOUR "FOREVER" HOME! GORGEOUS, PANORAMIC sit-down OCEAN, Catalina, Sunset and Canyon view home on a single loaded street in a quiet and serene neighborhood! Light, bright and recently updated throughout, 3 bedroom, 2.5 bath features an oversized, ocean view main level master suite with adjoining bathroom & walk-in closets. Master bath offers an oversized shower, tub, and dual sinks. Upon entering, you will be drawn in by the grand staircase, high ceilings, and abundant natural light....$1,080,000
San Clemente 804 Avenida Presidio
This great Beach City Home nestled in the San Clemente Hills is within 1.5 miles of Gorgeous Pacific Ocean Beaches. These beaches are known worldwide for great surfing, boating, fishing, dolphin & whale watching, family fun, and more! Four downstairs bedrooms, including one Master Bedroom with sliding glass doors out to the patio with an ensuite Master Bathroom. The large Bonus Room upstairs, with peek-a-boo ocean views and balcony, could be a Family Room Loft or it could be an even larger, S...$1,080,000
San Clemente 209 Via Malaga
Sellers are motivated. Now priced below market, this ocean view home is within less than 5-minutes walking distance to prestigious Vista Del Mar School and Talega Village Center. The low-maintenance front and back yards also lend extra convenience. High ceilings and abundant windows create an open airy feel as you move throughout this pride of ownership home. Enter through the large living room and into the great room where the spacious kitchen opens to the family room with the fireplace and...$999,999
San Clemente 4705 Aqua Del Caballete
MOTIVATED SELLER! Welcome to this very private home on a cul-de-sac in the Las Veredas neighborhood of Forster Highlands. This Santa Barbara inspired home is the builder's Plan 2 Model that exudes a casual luxurious lifestyle. The builder included many upgraded features throughout such as built-in cabinetry, archways and plantation shutters. Gorgeous hardwood floors are carried throughout the living spaces with stone floors in the kitchen and bathrooms. NEW interior and exterior paint. T...$989,000
San Clemente 3377 Calle La Veta
Beautiful fully remodeled home in MIRACOSTA VILLAS! Property is less than a mile from the beach! Newer kitchen cabinets, newer windows throughout the entire house, newer French door, newer granite slabs in kitchen and baths, new stainless steel range, new bathrooms. Nice size patio. Great location, so close to the beach, movies, pool, parks and shopping. Sellers are MOTIVATED!$645,000