Real Estate Blog - Real Estate Market

Future Costa Mesa Home Sales May Defy Assumptions

Many Costa Mesa homeowners will be planning to list their properties this spring because it’s when future home sales would be expected to peak. Historically, at least, spring is when a sudden crush of prospects usually arrive on the scene. But this year, the upward drift in mortgage interest rates might have would-be sellers worried. After all, it’s common sense that any rise in home loan rates would put a damper on buyers’ enthusiasm.

Sometimes common sense and reality don’t go hand in hand. When we try to estimate the strength of Costa Mesa’s future home sales, it could be a case in point. That’s one way to look at the conclusions drawn by a pair of studies released last week. Both were focused on examining how rising interest rates are…

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HB Living At Its Finest!

Huntington Beach Living At Its Finest! - $864,888.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1966 Lot Size: 5800 Garage Size: 2 Square Footage: 1602 Agent Name: Jamie Pirritano Broker: The L3 MLS #: OC18029323 Price: $864,888.00 9952 Effingham Dr   Huntington Beach, CA 92646 View Map View More Photos Join The L3 Our Concept Our Agents Our Other Listings Property Management Range/Oven Dishwasher Sink Disposal Microwave Hardwood Floors Vaulted Ceilings Welcome to your new…

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Prestigious Huntington View Home!

Prestigious Huntington View Home! - $1,090,000.00 Bedrooms: 4 Bathrooms: 3 Year Built: 1975 Lot Size: .1377/6,000 Square Footage: 2706 Agent Name: Larry Weichman Broker: The L3 MLS #: PW18025266 Price: $1,090,000.00 19591 Topeka Lane   Huntington Beach, CA 92646 View Map View More Photos Join The L3 Our Concept Our Agents Our Other Listings Property Management Range/Oven Dishwasher Microwave Fireplace Hardwood Floors Vaulted Ceilings Walk-In Closet Patio Fenced Yard Swimming…

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Deciding If Home in Fountain Valley is the Best Value!

  Ask a typical Fountain Valley consumer to name the two most important purchases people make, and you’ll almost always hear “new house” and “new car.” They’re often lumped together, but they shouldn’t be. They aren’t all that similar.

  The rationale for buying a new car is clear: automotive technology advances nearly every model year, improving fuel economy and safety. Add in that intoxicating new car smell, and the preference is all but automatic. Used cars may be economical, but as for the thrill factor: nyah!

  Similarly, when the question is put to a cross-section of typical Americans, new homes get the nod over existing ones. The percentage of those who “strongly” or “somewhat” prefer buying a newly built home weighs in at 41%. That’s a…

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Global Warming or Not, Costa Mesa Witnesses “Bomb Cyclone”!

They called it a “bomb cyclone”—a name hardly intended to bring peace of mind to those experiencing the worst of it. In essence, it was a remarkable surge of bitter arctic air that tore through much of the Great Lakes and East Coast. Improbable images from the South proved to the rest of the country that even great swaths of Dixie wound up momentarily sheathed in ice.

If you think of Costa Mesa’s weather as being one of our most livable attributes, you probably have in mind a lovely spring day or golden autumn afternoon. Costa Mesa residents can be forgiven for overlooking any summertime heat waves or teeth-chattering January storms—but at least our seasons behave somewhat as expected.

Costa Mesa’sweather may not be one hundred percent…

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Looking to make a change in Real Estate? Discover the Culture of the L3

Home

If you’re an experienced agent, it’s time to take your career to the next level at TheL3. We're looking for agents with a local focus and proven track record of success within the communities we serve. L3 agents will benefit from L3 Real Estate’s digital platform that powerfully generates leads and streamlines processes and communication across the board. L3 also has invested in several of the industry's top marketing experts and we provide and pay for all marketing activities related to the listing of a home, freeing you up to service clients and close sales. Do you have what it takes to join The L3 Real Estate? If so, fill out the form below and submit it today! Experienced agents/brokers- ask about our…

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Newport Beach Real Estate Good News/Bad News/Better News for 2018!

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…

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The State of Mind Called “Christmas”!

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…

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The L3 Open House December 16th and 17th!

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…

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Approximating Newport Beach Mortgage Refi Requirements!

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…

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