Real Estate Blog - Matt Kanoudi

The L3 Open House This Weekend 3/24 & 3/25

L3 Real Estate Featured Open Houses for Saturday, March 24th and Sunday, March 25th: 

                  17036 Bluewater Lane, Huntington Beach                                                                       701 E. Stanford St, Santa Ana

         10:30 AM- 1:00PM Friday, 1-4PM Saturday & Sunday                                                                          Sunday 1-4PM

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 #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…

1728 Views, 0 Comments

The “Amazon Effect” on Costa Mesa Residential Neighborhoods

Amazon—or, more precisely, the Amazon phenomenon—is bound to have an increasing impact on Costa Mesa residential neighborhood preferences. The connection hasn’t yet been widely acknowledged, but it’s hard to deny the logic behind it.

The connection I’m pointing to isn’t the web behemoth’s rumored expansion into real estate. That was quietly floated last summer—and just as quickly abandoned. Without ceremony, Amazon had debuted a “Hire a Realtor” page under a “Coming soon” blurb—but took it down the next day. The Seattle retailer has been mum about the reason for the misfire—but it could well be its use without permission of the NAR’s “Realtor®” designation (it’s a registered trademark).

Nor does a prediction of an increasing “Amazon effect” on…

998 Views, 0 Comments

The L3 Open House This Weekend 3/17 & 3/18

L3 Real Estate Orange County, CA Featured Open House for Saturday, March 17th and Sunday, March 18th: 

                     20171 Imperial Cove, Huntington Beach                                                           1043 Concord, Costa Mesa 

                                      1-4 Saturday & Sunday                                                                                 1-4 Saturday & Sunday                     

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 #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…

1044 Views, 0 Comments

New Listing in 92626!

South Coast Metro Pool Home! - $749,000.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1965 Garage Size: 2 Car School District: Newport Mesa Square Footage: 1945 Agent Name: Larry Weichman Broker: The L3 MLS #: PW18051283 Price: $749,000.00 Flexibility: Firm Additional Pricing Information: 795,000-749,000 1043 Concord St   Cost Mesa, CA 92626 View Map View More Photos Range/Oven Dishwasher Patio Fenced Yard Swimming Pool Grass Lawn 1st time on the market in 40+ years! Long term owner is…

1083 Views, 0 Comments

3 Strategies for Setting Your Costa Mesa House’s Asking Price

Selling your Costa Mesa house for the best price sometimes involves a certain amount of luck, but it’s the kind of “luck” that’s a lot more likely when you’ve set out the welcome mat for it. In addition to strategic home preparation and a solid marketing push, selling your Costa Mesa house for the best price also has to do with where that price starts out: that is, the asking price.

Once you have a clear idea of the professional opinion of its market value—that is, a price that aligns with the latest comparable sales data for similar Costa Mesa homes—you have three alternative strategies:

1. You can set an asking price as close as possible to what the comps suggest. After all, it’s reasonable and defensible—and lenders are likely to agree if…

1175 Views, 0 Comments

“Last Call” to Buy Your Huntington Beach Home?

The question posed in last week’s Realtor.com article was certainly scary enough: “Is It Last Call for Low Mortgage Rates?” If you have been putting off getting ready to buy your next Huntington Beach home, it could well have been a potent call to action. For the normally staid Realtor, it was an unusually pointed dispatch.

The article’s opening line, “All good things come to an end…” is what many Huntington Beach home loan rate watchers have known to be true enough—yet for years now, when it comes to the financial benefits that accompany low mortgage interest rates, the prospects for losing the resultant buying power has seemed to be a distant threat. But although by historical standards, Huntington Beach mortgage interest rates are still…

819 Views, 0 Comments

Turning Costa Mesa First-Time Homebuyers into Believers

Last week’s short news item could serve as inspiration for future Costa Mesa first-time homebuyers—especially for those who haven’t yet considered the possibility of owning their own Costa Mesa home.

The item in question was news of the passing of the English athleter. If that name isn’t familiar, it’s because Bannister’s story has long since faded from the headlines. But Bannister was a hero who changed the path of more than just sports history.

His triumph took place in 1954. A mid-distance runner, he had considered giving up the sport after his failure to win a medal in the 1952 Olympics. That race had been 1500 meters (about 90% of a mile). The more he thought about it, the more he determined to do more than make up for it. He decided…

926 Views, 0 Comments

The L3 Open House This Weekend 3/10 & 3/11

L3 Real Estate Orange County, CA Featured Open House for: 

Saturday - March 10th

1043 Concord, Costa Mesa 1-4

Sunday - March 11th

20171 Imperial Cove, Huntington Beach 12-3

1043 Concord, Costa Mesa 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 #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 the large, nationally based real estate companies. From its…

1137 Views, 0 Comments

National Home Prices Jump 37% Since 2014

When Fountain Valley homeowners sit down to plot out their household’s long-range financial plan, the value they ascribe to their Fountain Valley home usually deserves a leading role. As research firm Pulsenomics puts it, “changes in single-family home values can have profound impacts on consumer balance sheets.” Yet it’s often the case that homeowners assume that their home’s value is its apparent equity—the home price they paid less their mortgage’s remaining principal.

Fountain Valley homeowners will be pleased to find that using that measure is almost certain to result in a substantial underestimate. Since the historical norm is for residential home prices to rise, if you are trying to plot a realistic long-term picture of your family’s…

1362 Views, 0 Comments

2 Obscure Factors Influence Costa Mesa Mortgage Loan Decisions

Whether you are about to embark on your first Huntington Beach home search or your umpteenth, unless you’ve managed to save enough to make you a cash buyer, soon you’ll need to secure a mortgage loan from a bank or other lending institution.

To understand what lies behind any home loan decision, just do what any good business negotiator does: put yourself in the other guy’s shoes. Getting a yes (and a low interest rate) from Huntington Beach’s lenders starts with demonstrating a history of responsible debt handling. That’s been made easy by the major credit information gathering agencies, who’ve been collecting data since your first credit application. Those bits and pieces are compiled and analyzed by the Fair Isaac Company (“FICO”). Huntington…

999 Views, 0 Comments