Steps to the ocean, this San Clemente community has 4 plans and 1BR-3BR, single-level detached condos with ocean views. Type of Housing:  Single Family Detached, with homes ranging in size from 1,064 SqFt up to 1,260 SqFt and 1 car attached and detached garages. Number of Homes in this Retirement Community:  approximately ...

There are numerous senior citizen residential ownership communities in south Orange County that offer a wide variety of styles, floor plan options and prices.  There is only one such retirement housing community in Laguna Niguel, called Monarch Summit II.  One of the desirable attributes is the community of Monarch Summit II ...

At the top of the most frequently asked questions’ list is, “How will we know when the market has ‘bottomed out’ and we should buy a home?”Historically, two major indicators that a market has bottomed out are: a decline in the number of listings and an increase in listing and ...

Orange County Home Prices & Sales (source DataQuick): For the 22 business days ending May 15, sales for all types of Orange County home sales decreased 35.1 percent. The median sales price increased 0.8 percent for all types of housing, however, Resale Homes were up 1.4%.  The median is where half the homes sold for ...

Mortgage rates increased for the fifth consecutive week, with the average30-year fixed mortgage rate rising to the highest point since August,according to Bankrate.com's weekly national survey of large lenders.The average 30-year fixed mortgage rate is now 6.47 percent and has anaverage of 0.26 discount and origination points.The average 15-year fixed ...

First, the good news: interest only loans increase house affordability by 20 percent. If you qualify for a $250,000 loan, you now can get $300,000; $300,000 becomes $360,000; and $400,000 becomes $480,000.  In other words, you can qualify for a more expensive home than you would with a traditional mortgage.  And the ...

DETERMINING THE VALUE OF A PROPERTY "CAP RATE, GRM AND CASH-ON-CASH DEMYSTIFIED"   Investors nationwide use commonly accepted formulas to analyze new purchases and arrive at appropriate prices for the sale and purchase of investment properties. A few commonly used methods to determine the value of an investment property are the Income Capitalization ...

As the property market cools down, it becomes a good time for buying real estate.  If you don't have that much money to spend on a house, but you're absolutely convinced that it's the right time for you to move (or if you've found an intriguing real estate investment property) then ...

Orange County Home Prices & Sales (source DataQuick): For the 22 business days ending April 25, sales for all types of Orange County home sales decreased 26.5 percent. The median sales price decreased 0.6 percent for all types of housing, however, Resale Homes were up 2.1%.  The median is where half the homes ...

Deciding how much house you can afford is a personal decision.Many factors come into play.How much can I borrow?  How much can I put toward my down payment?  What size monthly payment can I afford?  There are no black and white answers to these questions.  Its a matter of give ...