For those who’ve been waiting to list their Costa Mesa home until this year’s spring selling season, the waiting is over. Not only is spring busting out all over, but there is a claim that we are fast approaching the absolute best moment to list a home!

The desire to list your house at the best possible time is a logical enough ambition, but one that runs into a practical snag. The “best” time would be the moment when the most motivated buyers happen to be actively looking for a home like yours. But for any given property, there’s no practical way to identify whether it already passed before you listed or will happen after you’ve sold. Since springtime’s peak real estate season usually brings out the greatest number of buyers, that makes it…

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When it comes to industries, you’d have to place Costa Mesa real estate into the “stolid” category. The rules are set and agreed-upon. Everything having to do with real estate is entirely “real”—the opposite of “imaginary.” Certainly not frivolous, fleeting, or mercurial.

Major changes don’t come about often or quickly. It is true that one facet of the way real estate business is conducted has undergone a noticeable change due to the web. But that is actually only a shift in how clients find and qualify properties they might be interested in. They still overwhelmingly rely on real estate professionals to take responsibility for the consequential details of buying and selling.

But wait!

A new technology suddenly presents the possibility…

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The past weeks have provided some news that could lift the outlook of Costa Mesa landlords and those who’ve been thinking about rental real estate as an investment. The reports surfaced from statistics compiled by the Census Bureau and by rentcafe.com—an internet company that tracks the current U.S. rental market. Both pieces of information shed light on the makeup of the renter population. It’s broadening in ways that can’t help but boost the prospects for the rental market as a whole.

The first encouraging information was last month’s finding that the percentage of high-income households opting to become renters increased 175% over the past decade. The number of households earning $150,000 or more who decided to become renters swelled by…

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A couple of storylines have dominated national real estate news outlets for more than a year. Costa Mesa homeowners who are less industry-focused have been hearing the same thing from the national news media, too. Last week, they both staged a partial about-face.

The storylines are interconnected. The dominant one dealt with the national trend toward a weakening in the number of homes being sold. About a year ago, both new and existing home sales numbers began to falter. This wasn’t enough of a drop to cause genuine consternation—but it was persistent enough to generate headlines.

The reason that potential Costa Mesa home buyers and sellers weren’t overly concerned was partially due to the second storyline, which focused on the fact that…

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“Good fences make good neighbors” was among poet Robert Frost’s most memorable lines. Quoted by rote by his rigid neighbor in Mending Wall, it illustrated an unchallenged notion, handed down for generations. Frost’s point was that, although a fence does show respect for another’s property, where unnecessary, it can also insulate them from each other.

Local homeowners might agree or disagree (or agree with both)—but when it comes to Costa Mesa real estate property boundaries, it’s a pretty good idea for homeowners to know where their own lie. And with precision.

That was the takeaway from last week’s U.S.News feature which sported the promising title, “How Do I Find My Property Lines?”  To make short the answer to that question, the most…

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Baby Boomers

Overall, the U.S. residential market has behaved itself predictably for a couple of years. As a result, there’s been little chance for commentators to point out any new phenomena that might affect our own Costa Mesa listings. In general, price growth has remained moderate while the volume of homes changing hands has been relatively quiet.

That might be headed for a change if CNBC’s Diana Oleck is right. In a brief report last week, she made the case for a new trend that could have an effect on the home-selling picture—including the number of our own Costa Mesa listings.

The trend is an uptick in one choice seniors are making—in this case, the tendency of retirees to stay put in their current home. “Why seniors ‘aging in place’ is affecting home…

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Last Saturday investment commentator Rebecca Lake presented the kind of analysis that would warm the heart of Costa Mesa rental property proponents. Her report appeared on the U.S. News website under the title “3 Reasons to Invest in Single-Family Rentals.” The piece was all the more persuasive because of its fresh perspective: according to the author, 2019 looks to be an especially advantageous year for rental property investments.

Since Lake’s article was aimed at the financial community, it occasionally lapsed into FinanceSpeak like “…there tends to be a ‘beta’ between the rental market and the stock market.” Especially for Costa Mesa investors looking for relief from the stock market’s volatility, that translates into English as “daily…

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