Costa Mesa landlords who have already profited from the national tilt toward rental investment will have been furthered by last month’s Zillow report on the growth of rents across the nation. They might be including apartment housing in their data, but in any case, rent revenue is accelerating.  

Landlords had to be pleased everywhere else. Rents were up in every one of the nation’s top 50 markets—except for the unlucky Wisconsin metro. The solid 3% year-over-year growth figure meant that rent proceeds have been rising the fastest since early in 2016. The national averages for the preceding years were lower for a number of reasons. Key among them was that the new rental properties were largely built for the higher quality market. The result was a…

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We are built on a philosophy of Heritage & Hustle. The 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 is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only…

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For those who’d been monitoring Costa Mesa mortgage rates ahead of last week’s Federal Reserve interest rate cut, the news that followed was confusing. The Fed’s decision to lower their overnight lending rate for the first time since the Great Recession commanded first page headlines—but the details that followed provided little clarity.

For homeowners pondering selling or mortgagees thinking of refinancing or applying for a line of credit, the question was whether now was the optimal time to take advantage of the bargain interest rate environment…or…?

First were reports on the fallout from Wednesday’s ¼ point drop in the Fed’s benchmark overnight borrowing rate. Wall Streeters didn’t seem to like it—not because it wasn’t good for borrowers of…

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It’s summertime and the livin’s easy...or maybe not, if this will be the summer when you’re trying
to sell your Costa Mesa home! It’s a fact that summer buyers tend to be well-motivated buyers. Or they
may be jamming activity between vacations, backyard BBQ’s and (especially recently) just trying to stay
cool. In other words, they also may be distracted buyers.
Luckily, there are reliable basics you as a homeowner can help best position your home for a
successful summertime sale:
1. Mow the Lawn Twice a Week – everything grows faster in the summer!
2. Create Summer Curb Appeal – colorful flowers in beds and planters.
3. Decorate with Summer Accents – bright accents in tropical colors to evoke coveted
vacation days.
4. Bring the Light Inside – It may be bright…

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We are built on a philosophy of Heritage & Hustle. The 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 is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only…

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Long before well-prepared Costa Mesa homeowners arrive at the signing table, they will have been aware of the factors mortgage lenders pay attention to—foremost among which is their bill-paying history. For years, they will have avoided making late payments—or underpayments. They will have corrected erroneous negatives on their credit reports and straightened out any historical inaccuracies.

If they have read up on how home loans are originated, they will know that a second weighty factor is “amounts owed”—but that’s a term that can be easily misunderstood. It turns out to include more than the term implies.

You’d think that “amounts owed” would be a simple dollar amount. If John and Jenny Smith have credit card debt totaling $8,000 and a car…

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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 small beginnings of only two employees, L3 has grown to a full staff of 25 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated…

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Every now and then we have to shake our heads at how much the electronic transformation has changed daily living in Costa Mesa. Electronics have invaded practically everything—from home wifi to ultra hi-def TV to cell phones that double as search engines.

As you read this, you’re only a couple of clicks away from being able to summon up all the current Costa Mesa homes for sale that fit your chosen criteria. Want to check out 3-bedroom single family residences currently listed for $400,000 or less? Click click: here they are—complete with pictures (and perhaps a video tour). It’s a revolution that’s still ongoing, too—one bound to produce surprises we haven’t even imagined.

Yet, despite the sweeping changes in Costa Mesa real estate marketing,…

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     Volumes have been written on the art of negotiating—with more certain to come. Especially in real estate, it will always remain an open-ended discussion because of the infinite variety of personalities, motives, and the properties themselves. Rules are useful as starting points only—especially when it comes to Costa Mesa real estate transactions. They require weighty financial decisions rife with seemingly irreversible lifestyle consequences. That’s a combination which combines to make it a tricky proposition to keep emotions off the table.

     Success in negotiating the sale of a home can sometimes result after a bad start—but it’s more of a longshot. That’s why it’s generally a good idea to let experienced agents handle the communications…

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