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        <title>San Clemente Real Estate Blog</title>
        <link>http://www.sanclementerealestate.com/blog/san-clemente-short-sales/</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/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.






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    <pubDate>Thu, 10 Sep 2020 21:03:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/shorecliffs-ocean-view-homes.html</guid>
    <link>http://www.sanclementerealestate.com/blog/shorecliffs-ocean-view-homes.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Shorecliffs Ocean View Homes</title>
    <description> <![CDATA[ 
Shorecliffs area in north San Clemente is a great place to find ocean view homes in San Clemente.  In the last year many ocean view homes have come on the market in the mid $500,000 to $600,000 range.  The homes in this area were first built in the 1960s as single level homes.  Throughout the years there has been a modest mixture of two story homes in the neighborhood but for the most part the majority of homes are one level.  These are smaller beach homes that average under 2,000 square feet with some large homes that range up to 3,000 square feet of living space.  Home buyers who have a budget up to $600,000 and looking for a view property should seriously consider this community.





As a general disclosure its important to understand that some of the homes in this area can potentially and allegedly have soil problems and experience ground movement.  Thats why some of the homes listed in this area are priced very low and often as bank owned or short sale properties.  Its important to get full disclosure from the Realtor selling the home and to do a visual inspection of the property when first viewing it.  Once you are interested in a home we highly recommend a full inspection as we would on any other property you may buy in the San Clemente area.  Residents who live here absolutely love this location as its an easy walk to the beach and small shopping district located nearby.  Currently, ocean view homes start at $875,000 but we would not be surprised to see other ocean view properties come on the market at a much lower price.  Below are the current ocean view homes for sale in Shorecliffs.



 ]]> </description>
    <pubDate>Thu, 08 Aug 2013 13:18:00 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/ocean-hills-home-sales-top-600000.html</guid>
    <link>http://www.sanclementerealestate.com/blog/ocean-hills-home-sales-top-600000.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Ocean Hills Home Sales Top $600,000</title>
    <description> <![CDATA[ 
The market is on the upswing in the Ocean Hills community as a recent sale of a 2 bedroom condo that sold for $600,000 after being on the market for 4 days. This is a dramatic change from what we saw last summer when homes prices dipped down in the low $300,000 range. I personally represented the buyer in Ocean Hills home at 724 Calle Casita that sold as a short sale for $315,000 in September of 2012. Since then inventory of homes dropped significantly until the property at 3709 Calle La Quinta came on the market and sold in 4 short days for $1,000 above the $599,000 asking price. The home was a highly upgraded residence that resembled a $2 million dollar home with extensive use of Travertine and Granite in the Kitchen and Baths. The renovation continued throughout the house and even included a highly upgraded 2 car garage interior



Now, Im aware of a private sale in the community where a bank owned property recently sold for $350,000. This is an excellent canadite for a flip property as real estate values are on the rise in this community. If you own a home in the Ocean Hills community we encourage you to contact us to learn the retail value of your property. Right now we are seeing a large demand for ocean view homes in the $600,000 range so now may be excellent time to cash in on your equity. The Ocean Hills community is a great place to live with several community pools and a small golf course. The location is directly across the street from the Trader Joes shopping center and very easy access to the 5 freeway.



Currently, home prices start at $500,000 and go as high as $639,000. Prices will fluctuate depending on the view, size and condition of the home. Below are the current homes for sale in the Ocean Hills ocean view community.

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    <pubDate>Thu, 30 May 2013 14:51:45 -0700</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/cazadero-ocean-view-homes-in-talega-san-clemennte.html</guid>
    <link>http://www.sanclementerealestate.com/blog/cazadero-ocean-view-homes-in-talega-san-clemennte.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Cazadero Ocean View Homes In Talega San Clemennte</title>
    <description> <![CDATA[ 
The Cazadero community in the Talega area of San Clemente is one of the unexpected places to find ocean view properties for sale.  The community is a favorite for Talega home buyers due to its large floor-plans and square footages that reach over 4,000 square feet.   Homes located on the front row have nice views of the valley and ocean and typically are priced well above the $1 million dollar price point.  The homes also are located on large lots and often feature outdoor entertainment area with private pools, spas and BBQ areas.  Most of the homes in the community will feature four bedrooms with unique features like hardwood floors and gourmet kitchens.  The community is included in all of the Talega amenities which include several community pools and recreational centers.


Currently there are 4 homes for sale in the Cazadero community that range from $850,000 to $1,395,000.   Association dues in the community currently run $179 a month and do have the additional Mello Roos tax as well.  One of the homes is listed as a short sale and two of the homes have ocean views.  If you are thinking about buying a home in San Clemente you may want to consider this well established neighborhood.  The added cost of the Mello Roos tax is well worth it after you consider all of the newer amenities you will be enjoying as well as the pristine neighborhoods and homes in the Talega area.  For additional information on the Cazadero community please contact here at San Clemente Real Estate.

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    <pubDate>Tue, 19 Feb 2013 17:17:37 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/presdiential-heights-ocean-view-condos-in-san-clemente.html</guid>
    <link>http://www.sanclementerealestate.com/blog/presdiential-heights-ocean-view-condos-in-san-clemente.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Presdiential Heights Ocean View Condos in San Clemente</title>
    <description> <![CDATA[ 
Presidential Heights is one of the older communities in San Clemente and located near the Orange and San Diego county border lines.  Built in the 1970s, these one and two story condos feature some of the best ocean views you will find for condos under the $500,000 range in San Clemente.  There are actually two communities within Presidential Heights and commonly known as Presidential Heights I and Presidential Heights II.  One of the benefits the condos offer is a great location just minutes to the Riviera amp; Trestles surf beach and located directly above the San Clemente municipal golf course.  Another benefit to living in Presidential Heights are the views.  Not all condos will have views but select condos in both Presidential Heights I amp; II will have awesome views of the golf course and/or ocean. 


Association benefits include several community pools and spas as well as plenty of guest parking in the area.  Association dues will run around $230 a month and include the maintenance of the community pools and common areas.  The condos are best suited for first time home buyers, real estate investors and those looking for a second residence.  Prices in the community $350,000 to $650,000 with view properties starting at around $450,000.  These condos will sell very quickly so its best to act quickly when they do come on the market.  Most of the condos will come with a 2 car garage with smaller units only having a 1 car garage.








The condos listed above for sale are great examples of ocean view condos in the Presidential Heights area.   As you can tell you have direct views of the ocean from your downstairs living room, kitchen and dining area as well as from the Master Suite on the 2nd floor.  2 bedroom condos are very common in this price range but if you can find an ocean view 3 bedroom in the mid $400,000 act quickly Many buyers are looking for exactly these kind of condos so competition can be very fierce. For more information on these San Clemente condos please contact Sam at 949-291-0424 today
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    <pubDate>Tue, 29 Jan 2013 13:30:52 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/sandbridge-55-san-clemente-community-in-the-talega-gallery.html</guid>
    <link>http://www.sanclementerealestate.com/blog/sandbridge-55-san-clemente-community-in-the-talega-gallery.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Sandbridge 55+ San Clemente Community In The Talega Gallery</title>
    <description> <![CDATA[ 
For those looking for a senior community in the San Clemente you will find multiple places throughout the city.  If you are in the market to find upscale living then we recommend the Talega Gallery community.  The Talega Gallery is the name of the general area where you will find 4 different and unique communities that co-exist with each other behind the gated entrance. 


One of the these communities is called Sandridge.  Sandbridge homes are elegant homes that enjoy all the benefits that the Talega Gallery has to offer.  One of homes featured below is a perfect example of what you can expect to find in this community.  Some of the unique features of the home include 22 foot ceilings with a formal dining, living and family room.  The home features 3 bedrooms, 2 and 1/2 baths with 3,634 square feet of living space for $875,000.


The Sandbridge community homes currently ranges from $763,900 to $895,000 with home listed with a notice of default.  The Talega Gallery Association includes a community clubhouse, resort style pool, spa, putting green and fitness room.  Association dues currently run $379 a month and include all the amenities listed above.  Make sure to work with a professional San Clemente Realtor who have expert knowledge regarding these homes.  Please contact Sam Smith at 949-291-0424 today.



Photo of the outside Talega Clubhouse.  Plenty of outside parking and lush tropical grounds.



Private Gated Entrance for the ultimate in security.  Only residents and their guests can enter into this community.



Welcoming Clubhouse entrance.  Wonderful Spanish design with custom arches and Spanish tiles.



Large Vaulted ceilings in the clubhouse give a light and airy feel.  A wonderful place to gather.



Plenty of space in the Talega Gallery clubhouse for guests and residents to meet.



 Talega Gallery outdoor space with custom fireplace and heated outdoor entertaining.



Photo of Talega Gallery community pool.  Surrounded by lush tropical landsacping and very private.



 

Map of Talega Gallery. Includes the four communities: Waterleaf, Wavecrest, Sanbridge and Seagarden. ]]> </description>
    <pubDate>Tue, 15 Jan 2013 18:14:33 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/catania-gated-community-talega-homes-in-san-clemente.html</guid>
    <link>http://www.sanclementerealestate.com/blog/catania-gated-community-talega-homes-in-san-clemente.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Catania Short Sale Talega Homes in San Clemente, CA</title>
    <description> <![CDATA[ 
The Catania gated community in Talega is not one of the well known neighborhoods in San Clemente.  The community is located at the very end of Talega tucked away in a quiet area that has restricted access to non-residents due to its gated entrance.  I truly believe this is one of Talegas best kept secret since the floor plans are some of the best to be found in the Talega. 


The community is split into two different sections, one located on the west side of the street Avenida Talega and have incredible ocean views.  I would venture to say these are the best ocean views you can find in Talega for under $1 million dollars.  The homes on the west side will have less of a view are are located on three quiet streets.  The model homes were actually located on this side and were the first homes as you enter into the community on the right hand side. 


If you are like most home buyers in todays market you are looking for a deal.  Since most Talega homes have come down in price nearly 50 and a large majority of these homes will be short sale listings.  Currently there is only one home for sale in the Catania community and currently listed at $670,000 as a short sale.  The home at 38 Via Cartama features 5 bedrooms, 5 baths will an approximate 3,800 square feet.  The listing indicates that have accepted an offer that has been submitted to the bank but are currently taking back-up offers.  My experience with short sales is that nearly 1/3 to 1/2 of these buyers end of buying another home while they are waiting for the approval so making a back-up offer is always a good use of your time. 


In 2012, we have seen 8 properties sell in the Catania neighborhood ranging from $745,000 to $875,000 with a couple of these properties offering ocean views.  My recommendation is to get on a list of new short sale listings as they come on the market in Talega and contact an agent right away when you see a home that will work for you.  The San Clemente Real Estate market is moving very quickly right now, especially for homes under $800,000.



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    <pubDate>Wed, 05 Dec 2012 17:24:38 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/southwest-san-clemente-homes-for-sale-under-1000000.html</guid>
    <link>http://www.sanclementerealestate.com/blog/southwest-san-clemente-homes-for-sale-under-1000000.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>Southwest San Clemente Homes For Sale Under $1,000,000</title>
    <description> <![CDATA[ 
For those who have been following the market in San Clemente for the last year you are well aware of the shortage of inventory in the last year.  Starting in mid-summer the San Clemente Real Estate market saw a drastic decrease in the number of homes coming on the market.  One of the areas most hit was the Southwest San Clemente area for homes under $1,000,000.  As a lot of buyers quickly realized that the bottom of the market has been passed and homes were starting to increase in price was the time these buyers wanted to get back into the market.  The sweet spot for a lot of buyers is under the $1,000,000 price point.  Early in the year we saw several homes sell in the low $500,000 range which gave encouragement for those who have been wanting to live in this desirable location by the beach.  These deals seem to be long gone as newer listings are coming up well above the $1 million dollar price point.


The talk for the year 2013 is the shadow inventory and the possibility for future foreclosure properties to come on the market.  From many sources that I have heard from this will probably not happen.  Many of the national banks are gearing up to help homeowners short sell their home in lieu of letting the home go into foreclosure.  So the good news is that we will probably see some short sale listings come on the market but it will be a very gradual event as these homes come on the market one by one.  If you are in the market to buy in 2013 be prepared to bid on a short sale as these homes are dominating our current marketplace under $1,000,000.  One of the keys to buying a short sale is to bid aggressively and quickly.  Agents want to get a strong offer into the bank as soon as possible so make sure your pre-qualification letter and proof of funds shows you are well qualified to buy the home.  In addition, a nice cover letter and photo of yourself and your situation never hurts in hitting the emotional side with the seller.


Will prices go up in 2013?   That seems to be the magic question everyone is asking especially in light of the fiscal cliff that is happening at the end of the year.  If everything is worked out on that front then economists are forecasting prices to slowly increase by 7 in the upcoming year.  Real Estate has always been a strong investment especially in light of the ups and downs of the stock market.  If you would like to learn more about buying a home in the San Clemente area please contact us anytime.  We know the market very well and can help you locate a perfect home as they come on the market.  Its always good to have someone looking after you best interests.

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    <pubDate>Wed, 28 Nov 2012 16:44:18 -0800</pubDate>
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    <guid>http://www.sanclementerealestate.com/blog/just-sold-724-calle-casita.html</guid>
    <link>http://www.sanclementerealestate.com/blog/just-sold-724-calle-casita.html</link>
        <author>bcre@me.com (Sam Smith)</author>
        <title>San Clemente Short Sale Just Sold:  724 Calle Casita</title>
    <description> <![CDATA[ 
A San Clemente short sale listing has just been sold by San Clemente short sale agent Sam Smith who represented the buyers.  The short sale was located in the Ocean Hills community and featured 3 bedrooms with an ocean view for the incredible price of $315,000  The Ocean Hills community is located next to Sea Pointe Estates gated community on the north side of town which is located across the street from Trader Joes and the Ralphs Shopping center.  The community has several community pools and a small golf course to practice your golfing.  Short sales have become the very best way to buy distressed properties at low prices.  This short sale did take approximately 3 months to get short sale approval but the end result was a great deal for Sams buyers who are thrilled to be living in San Clemente.  If you have been thinking about buying real estate in San Clemente make sure you connect with a skilled short sale agent that can help you navigate the current short sale listings on the market.  Good deals are still out there but the low inventory of homes is causing multiple offers on hot properties.  Please contact Sam Smith today at 949-291-0424 to start the initial search for your next home.





 
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    <pubDate>Sat, 13 Oct 2012 10:19:39 -0700</pubDate>
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