Sep
29
440 Views, 0 Comments.
Rising Interest Rates has become a problem for those looking to get a mortgage when buying a home in today's real estate market. These higher rates were intended to slow down pries and inflation but the actual opposite as happened. Due to low inventory, we have what they call shelter inflation which is reaction to the Federal government raising interest rates. It's 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. So the higher interest rates have created a very limited number of homes coming on…
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Feb
15
525 Views, 0 Comments.
One of the hottest neighborhoods right now is the Shorecliff's San Clemente community. 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. 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. These are larger homes that can span over 4,000 square feet of living space with larger and attractive lot sizes. One of the huge selling points for these homes is that they advertise low homeowners association dues with no Mello-Roos tax. If you are buying a new home and can avoid paying an annual Mello Roos tax which can…
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Mar
25
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The San Clemente real estate market has seen a huge increase in listing prices in the last several years with some amazing homes getting top dollar for them. One of our most requested items when people are looking for homes here is having a nice ocean view. San Clemente is unique when it comes to ocean view properties as the 5 freeway basically splits the town into two halves. The homes that are located on the ocean side of the freeway are very desirable since you easily walk to the beach but often times will have limited ocean views unless you are very close to the beach. Properties on the east side of the freeway are located in the hills of San Clemente and can have amazing panoramic ocean views. The only drawback with a…
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Nov
4
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San Clemente offers a wide variety of neighborhoods to choose from the downtown San Clemente area that was originally built staring in the 1920's to newer areas like Talega that started constructions approximately 20 years ago and has spanned over 40 different communities. The one thing that all of these homes have in common is offering homes that are located on cul-de-sac streets. When looking for a home most buyers have a bucket list of items that they want to have in their new home. Location is typically at the top of the list when a client wants to live in a certain neighborhood or an area that is approximately that is a certain distance to the beach. Many times buyers will also want to have a private location which a…
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Sep
10
1880 Views, 0 Comments.
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. 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. 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. What many buyers are doing is looking for homes that are not on the market yet but will be coming on the market soon. These listings that were once only limited to real estate agents are now available to the general public.
One of the…
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Jun
16
1086 Views, 0 Comments.
What a difference a couple of months make when looking at San Clemente real estate market. COVDI19 has really changed the landscape of the marketplace and has actually caused the reverse of what most people think would happen. 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. In fact, the opposite has happened to the real estate market. 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. Given the high demand of buyers that still want to buy in part to the very low interest rates…
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Mar
5
1642 Views, 0 Comments.
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. It seems like its a favorite word among real estate agents for describing a home that is in excellent condition. it wasn't 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. Once I got this explanation it started to make sense but I still feel like it's a word that is over used by the real estate community.
Nevertheless, it's a short way to describe a home that needs little to no work done on the home. Basically, bring your touthbrush and move right in. This is especially…
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Apr
11
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Real Estate agents have a special day when they get to preview brand new listings that come on the market in the San Clemente real estate market place. This is called "broker preview" since real estate agents and brokers have the ability to view a large number of listings in a short four period. Often times, agents will spend just a couple minutes looking at a property and then drive on to the next property. This allows them to be able to see a large number of properties so they are better able to identify properties that may work for their clients.
The dates for properties located in San Clemente, Dana Point and San Juan Capistrano is every Wednesday from 9:30am to 1:30pm. Buyers are also welcome to attend these open houses and…
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Oct
31
3230 Views, 0 Comments.
The Southeast San Clemente area is a great place to find ocean view homes in San Clemente, California. Most San Clemente buyers typically want to live near the beach but soon learn that real estate prices are normally very high and have limited ocean views. They soon find that the best value for the money is often found in the hills of San Clemente where you will find panoramic views and large square footage houses for the same prices that you would find a small beach cottage by the beach. This area in the hills in commonly referred to as the "Southeast San Clemente" area and is a popular choice for those looking for panoramic ocean views.
The below photo was taken from a home in this area and is a good sample of the kind of ocean view that you…
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Oct
3
5291 Views, 0 Comments.
The 1960's were a popular time when a lot of homes were built in the San Clemente area. Popular neighborhoods like Shorecliffs and the Broadmoor area where predominately built during this time frame. Even senior housing communities like Bay Cliff Village and Colony Cove were established in the 1960's and featured bluff front cottages that have stunning ocean front views. Many have coined the phrase for mid-century homes that were built in the 1950's but this architectural style has continued into the early 1960's homes that offer their own unique style and personality.
One great example is the Shorecliffs San Clemente community. The photos showcased here were taken from a home in the Shorecliffs area. The home was built in 1960 and has been…
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Aug
22
1765 Views, 0 Comments.
Pacifica Summit is a luxury community located in the Talega area of San Clemente. This was one of the first luxury neighborhoods built in the Talega area between 2001 - 2002 with large scale homes that range in size from 2,673 to 4,372 square feet. The community is not located directly on the Talega golf course but is positioned high enough to enjoy very nice golf course views. Many of the floor plans in this community will feature a main floor bedroom and full bath with the remainder of bedrooms located upstairs.
Even though the homes were built over 10 years ago the modern finishes still appear fresh and up to date with granite kitchen counters, center islands, custom niches and a combination of wood and stone flooring that was often used when…
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Apr
17
2454 Views, 0 Comments.
The Vizcaya community is located in one of the most premier spots in the Talega area of San Clemente. The homes on the south side of the street "Corte Vizcaya" overlook the 5th hole of the Talega golf course and have panoramic golf course and valley views. This neighborhood is amongst some of the most expensive real estate in Talega due to it's large scale estate homes that exist in this small community of only 14 residences. Originally built in 2001, the homes offer large square footage floor plans that range anywhere from 4,689 to 5,746 square feet. Beautiful curb appeal and stunning Mediterranean architectural design is what sets these homes apart from other properties found in the Talega area.
Home prices have always remained strong in Vizcaya…
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Aug
8
2747 Views, 0 Comments.
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 1960's 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 it's important to understand that some…
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May
30
2814 Views, 0 Comments.
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…
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Feb
15
2054 Views, 0 Comments.
Bella Vista is one of Talega's newer communities in San Clemente, California that is home to just 14 residences. Located in the heart of Talega the homes are situated on one cul-de-sac street that offers two story Mediterranean style homes as pictured below. Amongst these three homes you have three different floor plans to choose from. The homes were built in 2008 and have all been sold but newer construction re-sale homes do come on the market from time to time.
Currently there is one Bella Vista home for sale that is currently listed for $985,000. The home features four bedrooms, two baths with 3,556 square feet. The home features volume ceilings with stone and granite counter tops. You will also find top of the line Thermador stainless…
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Jan
29
2644 Views, 2 Comments.
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 1970's, 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 & 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 & II…
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Aug
22
3251 Views, 0 Comments.
The San Clemente municipal golf course is one of the best kept secrets in San Clemente for those who are golf enthusiasts. For those looking to play an affordable round of golf then you will be happily surprised that golf prices are especially low when compared to other golf courses. An average round of golf costs as low as $14 dollars for residents which is a tremendous value. There are many homes In this Southeast area which surround e course and have wonderful golf and/or ocean views. The homes are often single level homes built in the mid part of the century with newer style homes mixed in as well. Golf course view condos located at Presidential Heights offer an affordable alternative for housing with golf course views. No matter where you decide to…
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Aug
2
2005 Views, 0 Comments.
A San Clemente short sale has just gone in escrow by San Clemente Real Estate agent Sam Smith who represents the buyer in this short sale transaction. 724 Calle Casita is located in the Ocean Hills golf community in San Clemente, California. These town-homes are widely popular due to their prime location on the north side of town near Trader Joe's, San Clemente Krikorian Theater and the San Clemente Hospital. From this location you have easy access to the 5 freeway and just minutes to the beach. The townhouses at 724 Calle Casita 3 bedroom condo with wonderful ocean view that was listed for the amazing price of $315,000. The condos at Ocean Hills are split level where you have your entertainment spaces up above and bedrooms located below. Upstairs…
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May
31
2882 Views, 0 Comments.
One of the main attractions of being a resident here in San Clemente is the joy of living by the beach. Many love the carefree lifestyle and warm attitude you will find here in San Clemente. If you are thinking about buying a home in 2012 then you many want to consider the 3 main areas where you will find San Clemente Real Estate listings by the beach. The first area is the downtown San Clemente area that has recently become a popular place to live. Surrounded by the San Clemente Pier and to the north and the south you will find luxury homes and condos in the downtown area. Those who are not familiar with the city will quickly learn that this is where you will find all of the downtown shopping and restaurants in San Clemente. In recent years many…
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May
21
2095 Views, 0 Comments.
Sea Pointe Estates San Clemente Homes currently start at $500,000 which currently 5 homes for sale under the $1 Million dollar mark! Where is Sea Pointe Estates? The community is featured on the northeast side of San Clemente near the San Clemente Hospital and San Clemente Krikorian movie theaters just east of the 5 freeway. The community is a 24 hour guard gated community with a collection of one and two story homes that range up to $2.5 million. It was only a couple of years ago when finding a home in this neighborhood under $1 million was unheard of as many of the luxury homes you will find in San Clemente area are located in Sea Pointe Estates community. Even with the drop in prices we have seen 7 homes selling over the $1 million dollar price…
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