Tagged : Real Estate Market

L3 Real Estate Orange County, CA Featured Open House for

Saturday -  January 13th, 2018

987 Trenton Way, Costa Mesa 1-4

8201 Kingsdale Ln, Huntington Beach 1-4

Sunday - January 14th, 2018

987 Trenton Way, Costa Mesa 1-4

8201 Kingsdale Ln, Huntington Beach 1-4

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of#CostaMesaoffering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as

Last week’s “Moneywatch” article on CBSNews.com was a surefire attention grabber. It promised to reveal a single “must do” tip for first-time homebuyers. The main point covered familiar ground—but within the supporting information were some facts that could nudge some Newport Beach renters into becoming first-time homebuyers.

Although the headlined “Don’t Buy a Home Without Doing This First” tip was good enough advice (“build your budget”), the details for how to accomplish that were hardly groundbreakers:

• Experts advise holding mortgage payments to a maximum of 28% of gross income.

• Budget for more than just the mortgage amount: allow for upkeep and extras, remembering that “rent is the most you will pay, but the mortgage

It’s irresistible: peering into the new year, trying to guess what the Newport Beach real estate landscape will look like in the coming 365 days. At the close of an outstanding 2017, although it’s always a little foolish to assume too much about details in a world that changes as rapidly as ours does, I think there are some more-probable-than-not real estate good news/bad news scenarios likely to come our way:

GOOD NEWS:

• New-home sales increased an astounding 17.5% in November, creating “the exact kind of new-home sales numbers the market has been desperate for” according to Economist Aaron Terrazas. Builders report that they are selling homes before they even start building them, while (per the Wall Street Journal) “The housing market is

This holiday season finds Huntington Beach’s streets and stores humming with as much activity as has been seen for some time—which brings us to a particularly upbeat year’s end. Whether it’s Christmas, Hanukkah or Kwanzaa that’s spelled out in overhead banners, this is the one time of year when the commercial activity that marks all the big holidays is accompanied by a special spiritual overlay.

The hustle and bustle that’s led up to this week may have kept most of Huntington Beach’s parents, grandparents and everybody else busy collecting gifts and preparing for the gatherings we reinvent annually, but it’s nearly impossible not to also call to mind some of the indescribable wonder from childhood days.

That must have been in mind when, nearly a

L3 Real Estate Orange County, CA Featured Open House for

Saturday -  December 16th, 2017

987 Trenton Way, Costa Mesa 1-4

Sunday - December 17th, 2017

987 Trenton Way, Costa Mesa 1-4

2844 N Anchor Avenue, Orange 1-4

We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency including property management with a regional office located in the heart of #CostaMesa offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to

Last week’s real estate news didn’t rate front page headlines, but I spotted three items of interest—two of which have implications for Costa Mesa real estate values. Both fall in line with upbeat news about the economy that permeated the airwaves. Holiday shopping (online and otherwise) was strong as consumer optimism peaked—probably related to expectations for a tax break.

The two stories that related to Costa Mesa real estate values stemmed from the periodic HPI report. That’s the “Home Price Index” put out by researchers at CoreLogic. Last week’s announcement showed national single-family residential sales and prices rising in October. That made it the fourth month in a row for 6%+ price rises—the longest such winning streak since June of

  If you are a well-organized prospective Fountain Valley house buyer, you have been weighing many factors as you prepare to start serious house hunting. One of the factors to consider is seasonal: that is, which of the five seasons is most favorable for buying a house?

  It’s a fact that the most heavily favored among the seasonal choices is the traditional “peak selling season,” Spring-into-summer is the traditional busiest period for Fountain Valley residential activity—and logic dictates that there must be persuasive reasons why so many Fountain Valley house buyers opt to make their offers then. But persuasive counter-arguments also abound—both for selling and buying a house. Briefly, here are the most common leading reasons for choosing

If you use a credit card or Newport Beach bank checking account’s online system, you may have noticed the appearance of a free service: FICO score tracking. You find it as a clickable area with a link title like “Your FICO® score” or just “FICO®.”

For many years, each of the major credit reporting agencies was mandated by law to honor any consumer’s request for a copy of their credit scores—but it was a once-a-year deal. For access to regular updates, you had to pay for a subscription. Particularly for consumers working to improve their credit scores, the paid services became a prudent monthly expense. The arrival of anytime free FICO score reporting eliminated much of that need.

Of course, tracking your FICO score is only useful if you know how