The Laguna Beach market is showing signs of picking up with buyer activity. Markets have finally adjusted down in prices close to 2004 and seem to be stabilizing in price ranges under $600,000. Which are seeing multiple offers coming in, actually driving the prices up over the original asking prices. This tends to be in areas that Laguna would supply that price range of inventory under $600,000, which would mostly be up Laguna Canyon Rd...along with Bankowned and Short Sale properties of all prices.
The regular listed properties are where I am finding a significant savings negotiated off the asking price for our clients. The high end market of $900,000 and up price ranges, are still to soften up, probably due to the stricter mortgage guidelines especially on Jumbo loans. Still, a great buy- in and room for further negotiating, to attain a property that has adjusted down to 2004 prices.
The Luxury Home Market in Laguna Beach is showing many homes on the market that have not been for sale before, possibly due to the economy and I had seen one home that was reduced about $700K off the original asking price. But each pocket of neighborhood is different and we research that for you. As a buyers only Real Estate office,one of the only official ones based between Seal Beach and San Clemente) I show hundreds of properties every year. Now we have more inventory sitting on the market longer than normal, creating this greatest buyers market ever. " I offer real estate buyer representation in it's purest form".
Contact me if you would like a Custom Live search to the MLS and I will get your account up and running today, to see for yourself, the great abundance of inventory to choose from right now in Laguna Beach and all of Orange or San Diego Counties. I can also set up a customized search for all Foreclosures,Short Sales and Bankowned properties. Search Luxury Homes, Estates, Oceanfront Estates, Golf Course Homes, Oceanview Real Estate, Condos, Townhomes, Vacation Homes, Income Properties.
Also, the Self-Search to the MLS on my sites private that auto notifies you when new inventory come son the market ....View Pics & Search 1000s Homes Fast Free & Simple Home Search. We work for the buyers side only and show all bankowned properties............. Visit my website www.buyersonlycoastalrealty.com or if your looking for luxury property see www.southorangecountyreal-estate.com.com I am broker owner of Buyer's Only Coastal Realty and am a genuine buyers broker (We do not cross over working with sellers like other RE offices) and the way I show property is more detailed, since 100% of my time is dedicated to only working for the buyers side, see the difference, we are quite unique from regular Realtors. Our brokerage is one of about several "genuine" buyers only brokerages in all of Southern California and members of www.naeba.org besides being Realtor members.
ZIP Code: 92651 Approximate Location Boundaries: Coastal South Orange County
Location Characteristics: Laguna Beach is also know as the California Riviera and is located between Newport Beach and Dana Point. Known for it's art galleries,boutiques and reality based TV show, it also offers some of the most dramatic coastline in Southern California. Detached homes start about $900,000 and you will find mostly custom homes in Laguna Beach. Some built in the 1950's some brand new.Laguna Beach also has the gated oceanfront communities of Emerald Bay,Irvine Cove, Lagunita,Three Arch Bay, Monarch Bay,Ritz Pointe and across PCH Emerald Ridge. Laguna Beach is now home to the Montage Resort, located in South Laguna.The Laguna Beach market seems to always hold it's own, recession or no recession throughout recent years. Truly a jewel of our Socal coast.
About Suzanne Hefni-Pyle:
As a member of the National Assocation of Exclusive Buyer Agents, Buyer's Only Coastal Realty Office works exclusively for you, the buyer - providing a full, comprehensive and unbiased view of all homes on the Southern California real estate market – without giving preference to properties that serve the seller's interest.We offer 100% buyer representation. Before you let anyone show you property,call us, or you could end up having to work with an agent, you did not choose just because they had shown you a home.We protect buyers !
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
