Costa Mesa homeowners who had to decide whether or not to put their home on the market this year have had an easy time sizing up the real estate Big Picture. Across the country, prices have been rising steadily but moderately. Sales may be down, but that’s because too few properties are being offered. And the financing picture remains favorable.

Putting it all together, the prices news is good for sellers, the lack of inventory is less good news for buyers—while the low home loan rates is good news for both buyers and sellers. That combination may be a little muddled, but is certainly encouraging for sellers. The big question about the future is what’s likely to change in the coming year?

The single individual who is probably best situated…

991 Views, 0 Comments

Read Full Post

1195 Boise Way, Costa Mesa  1-4 Pm Saturday

 

24 Las Cruces, Rancho Santa Margarita  1-4 PM Saturday

 

923 Van Ness Ct, Costa Mesa  1-4 PM Sat. & Sun.

 

12042 Wallingsford Rd, Rossmoor  1-4 PM Sat. & Sun.

 

3157 Cork Ln, Costa Mesa  1-4 PM Saturday

 

2818 Portola Dr, Costa Mesa  1-4 PM Saturday

 

900 Liard Pl, Costa Mesa  1-4 PM Sat. & Sun.

 

711 Pacific Coast Highway, Huntington Beach  1-4 PM Sat. & Sun.

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…

1083 Views, 0 Comments

Read Full Post

When Costa Mesa house values—or even only the public’s perception of house values—rise and fall at eye-popping rates, even homeowners who aren’t thinking of selling find it unsettling. The dislocations that resulted from the housing crisis of the last decade are hard to forget. Although some risk-tolerant investors made headway in that environment, the fallout for most was at best nerve-wracking. That’s why last Tuesday’s National HPPI report may be comforting to Costa Mesa homeowners, as well as to prospective buyers. The Home Price Perception Index is the distillation of data gathered by Quicken Loans. It covers 3,000-plus counties in all 50 states—so it’s national rather than local—but there is little reason to doubt that the gist of the trends it…

1138 Views, 0 Comments

Read Full Post

 

Everyone still calls active would-be Costa Mesa home buyers “house hunters.” The term hasn’t changed; the goal hasn’t, either—but today the activity it conjures up is very different from that it did just a short while ago. For instance, for Costa Mesa house hunters whose last hunt was in, say,1990, their memory of “house hunting” is probably that of thumbing through stacks of black-and-white listing sheets provided by the real estate agent. Those may have been a little hard to read, especially if they’d been sent to their oh-so-slow home fax machine. If any of the sheets looked worth pursuing, the next step might have “beeping” the agent’s pager—whereupon the agent would have then contacted the seller’s agent (usually through their answering…

1116 Views, 0 Comments

Read Full Post

900 Liard Place, Costa Mesa
Sat,Sun 1-4 PM

 

 

1799 Tanager Drive, Costa Mesa
Sat,Sun 1-4 PM

 

 

16162 Santa Barbara, Huntington Beach
Sat,Sun 1-4 PM

 

1195 Boise Way, Costa Mesa
Sat, Sun 1-4pm

11933 206th St., Lakewood
Sat, Sun 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 their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally…

1263 Views, 0 Comments

Read Full Post

Last week, Costa Mesa residents who found themselves at any stage of preparing to buy or sell Costa Mesa homes had to have been motivated by what came out of Washington. Last Wednesday was the day the Federal Reserve officials were set to announce their new target for the benchmark federal funds rate. That’s the key trigger for future Costa Mesa home loan rates, which largely determine how attractive (or not) upcoming loan packages offers will be. Since any rise in rates raises monthly payment amounts—even if the underlying size of the loan remains the same—potential buyers and sellers have reason to watch what the Fed does with varying degrees of apprehension. Lately, strong economic performance has made it increasingly likely that rate rises will be…

1181 Views, 0 Comments

Read Full Post

900 Liard Place, Costa Mesa
Sat,Sun 1-4 PM

9681 Albacore Drive, Huntington Beach
Sat  1-4 PM

803 Grayling Bay 45, Costa Mesa
Sat,Sun 1-4 PM

 

1 Deodar, Irvine
Sat 1-4PM

21722 Branta Circle, Huntington Beach
Sat 1-4 PM

 

1799 Tanager Drive, Costa Mesa
Fri 11-2 PM & Sat,Sun 1-4 PM

 

16162 Santa Barbara, Huntington Beach
Sat,Sun 1-4 PM

 459 Cambridge Circle, Costa Mesa 92627

Fri 3-6 PM, Sat 1-5 PM

2342 Coco Palm, Tustin
Sat,Sun 1-4 PM

2128 Republic Avenue, Costa Mesa 92627

Fri 11-2 PM, Sat 1-5 PM

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…

1149 Views, 0 Comments

Read Full Post

Most Costa Mesa real estate turnaround practitioners follow what might be called “The House Flippers’ Creed”: buy, fix, sell—as quickly as possible! The speed factor isn’t just because, as in most businesses, volume dictates profitability. It’s also due to the investment’s interest expense—the value of money over time. You don’t need an economics class to see how it can gnaw away at a bottom line. Now it seems that The Creed’s fundamental hypothesis is being challenged in many parts of the nation—at least by buyers targeting dated homes for their own use. According to last week’s Wall Street Journal essay about the rising tide of “Extreme Makeovers” which focused on residences that have had a single owner for decades. Many are in need of “new interior…

1196 Views, 0 Comments

Read Full Post

900 Liard Place, Costa Mesa
Sat,Sun 1-4 PM

9681 Albacore Drive, Huntington Beach
Sat,Sun 1-4 PM

803 Grayling Bay 45, Costa Mesa
Sat,Sun 1-4 PM

 

1 Deodar, Irvine
Sat,Sun 1-4 PM

21722 Branta Circle, Huntington Beach
Sat,Sun 1-4 PM

 

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…

1044 Views, 0 Comments

Read Full Post

Every Costa Mesa REALTOR® has heard this observation from a selling client more than once: “Now that I’ve fixed the place up, it’s so nice to live here!” It’s sometimes followed by a wistful, “I should have done it years ago!” They don’t need to add, “so we could have enjoyed it ourselves.” The culprit has to be human nature—at least the part that resists spending money improving something that works (even if it doesn’t work all that well). One of the prime areas where this tends to hold true is in Costa Mesa kitchens. Since it’s generally acknowledged that the kitchen area is one place (if not the place) that gets the most intense scrutiny from prospective buyers, it is also one of the first areas that sellers decide to update. For anyone who might…

1210 Views, 0 Comments

Read Full Post