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 903 Buena Vista 7
Gorgeous Ocean Front Bluff Location! This spectacular condo has been remodeled to create an open, flowing Great Room with views from the minute you enter. You will feel like you are on a beautiful cruise ship. Frameless Sliding Glass Doors open to the Ocean Front Deck From the Living Room and Master Bedroom Suite. Gorgeous open kitchen, with Vetrazzo Sea Glass counters, huge Center Island with Seating for two .Wine fridge , GE Monogram Built in Refrigerator, Thermador Dishwasher, Oven, Microw...$1,550,000
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MAKE OFFER! SELLER MOTIVATED. PRICE REDUCED and BACK ON THE MARKET WITH NEW PAINT AND CARPET! Admire gorgeous ocean and harbor views from just about every room. Nestled on a quiet cul-de-sac, this custom home with an open floor plan and panoramic ocean and city views is located approximately 1 mile from downtown San Clemente and the San Clemente Pier. Enjoy entertaining in the adjoining living rooms that open to the front courtyard, dining room, and spacious kitchen. Escape to the peaceful...$1,340,000
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Partial Ocean and Views Galore. Private Detached Home, zoned condo but is a Single Family Residence in Del Cabo's Gated Community. Cathedral ceilings, Hardwood floors in Dining room and Living-room. Kitchen with recessed lighting has ample cabinetry, pantry and Family room with fireplace all enjoy spectacular panoramic views. Downstairs office can easily convert to 5th bedroom. Cozy Family room w/fireplace leads to the private pool and spa. Backyard faces East showcasing morning sun and the r...$1,149,000
San Clemente 130 Mira Del Sur 130
Welcome home, Shorecliffs Terrace community is San Clemente’s best kept secret, with low HOA and streets are terraced to elevate and maximize the views and openness all on resident owned land. This 2 Bedroom, 2 bath home offers plenty of space to entertain with family room/nook, large kitchen with generous storage and counter space, inside laundry and huge living/dining room that spans the width of this double wide. In addition there is more space for projects or maybe an office in the added ...$389,000