September 12, 2009 Orange County Real Estate is Looking Much Better
New normal for home sales: Buyers have the power
Following the downturn in the housing market, lenders started requiring more money up front, higher credit scores, proof of income, and all paperwork in order—quite different than earlier this decade when subprime mortgages were rampant and buyers purchased homes deemed unaffordable by today's standards. For sellers, the standards are different too: Be patient and maybe lower the asking price, because the balance of power has swung strongly to buyers. Many REALTORS®, mortgage brokers, economists, and home buyers across the country say they've noticed a shift in attitudes that they expect will last for years.
MAKING SENSE OF THE STORY FOR CONSUMERS
Traditional sellers are finding that the number of offers received is not nearly as high as those received on REO properties, which often receive multiple bids. The negotiation process also differs between traditional sellers today and traditional sellers during the height of the market. According to one REALTOR®, if a house is not being shown, then it is overpriced. The record number of foreclosed homes on the market gives buyers even more leverage.
• Resulting from the credit crisis, lenders now often require much more paperwork and thoroughly review borrowers' credit histories, bank statements, tax returns, and job histories. The average mortgage applications today starts three times thicker than what it was at the start of the housing boom, and often gets thicker as the process moves along. One mortgage broker reports that now lenders want to know everything about the buyer, "It's a true and full underwriting process on every particular loan."
• It is not uncommon nowadays for closings to take 60 days. One reason is because of the adoption of the Home Valuation Code of Conduct (HVCC), which often results in appraisers evaluating homes in areas they are not familiar with and often using comparables that are inaccurate. This has caused delays in closing sales, and in some cases, undermining sales because appraisals are coming in too low.
• Just about everyone in the real estate industry agrees that another dramatic boom-bust cycle isn't going to happen again anytime soon. Albert Saiz, assistant real estate professor at the University of Pennsylvania's Wharton School, expects that new regulations and a different consumer mind-set will help real estate return to a more traditional cycle. (From: San Francisco Chronicle)
August 24, 2009
O.C. Foreclosures Selling Out Now In Only 3 weeks.
August 24th, 2009, 12:00 pm by Jon Lansner Orange County Register
The biweekly property Orange County housing inventory report by Steve Thomas in Aliso Viejo says this of the number of O.C. distressed properties (homes listed by agents in the MLS system as foreclosures or short sales) • As a percent of all listed homes for sale, distressed properties were 30.0% of the market last week. • 40% of the homes listed for sale under $1 million were "distressed." • 6% of the million-dollar listings were "distressed."
Thomas also calculates a "market time" benchmark tracking how many months it theoretically takes to sell all the inventory in the local MLS for-sale listings at the current pace of pending deals being made. By this Thomas logic, it would take • 2.45 months for buyers to gobble up all homes for sale at the current pace, but • 0.62 months to sell all all listed foreclosures — THAT IS ONLY 3 WEEKS!!!! • 1.88 months for all listed short sales.
August 20, 2009
A new survey of California homebuyers shows that nothing prods behavior like falling prices and low interest rates.
Among 1,400 buyers surveyed statewide by the California Association of Realtors:
-- 68 percent said price decreases finally set them in motion to buy a house.
-- 39 percent said lower interest rates helped them move to a "better location."
-- 23 percent cited the likelihood of rising interest rates as a reason to get off the fence.
First-time homebuyers especially responded to falling prices. Statewide, first-timers accounted for 38 percent of sales -- twice that of the same survey a year earlier.
"It's just a dramatic improvement in housing affordability," said CAR's Chief Economist Leslie Appleton-Young. "These are individuals who haven't experienced a loss. They don't struggle with a home to sell."
The 86-page report was CAR's 10th annual look at homebuyer behavior, a span running from housing boom highs to the bust that has followed. Released Tuesday, it consists of telephone interviews with Californians who bought existing houses in the second half of 2008, a time when the economy stumbled, foreclosures multiplied and bank repos became abundant.
Results showed that 51 percent of buyers bought homes with a history of distress. Inside that category, 38 percent bought bank repos and 13 percent bought "short sales," homes in which lenders accepted less than owed to avoid higher costs of foreclosing. The other 49 percent of those surveyed bought homes from individual sellers, a category known as "traditional."
Collectively, those buying repos reported the hardest time getting financing. They rated their level of difficulty in getting loans at 8.9 when asked to rank it on a scale of one to 10.
Yet those buyers were often investors, and more savvy than others about mortgage products. The CAR survey said three in five repo buyers used adjustable-rate mortgages and most claimed to understand their loan terms.
By contrast, 88 percent of loans used to buy traditional homes were fixed-rate mortgages. Nearly a third of these borrowers, however, claimed afterward they didn't fully understand the terms.
Buyers also reported longer waits to close escrow. Just 37 percent said they closed on time; it was 55 percent in 2006.
Other key findings:
-- 26 percent of buyers plan to live in the home for two to three years; 44 percent three to four years. Thirty percent aim to stay up to five years.
-- 84 percent of buyers used the Internet as the key tool in their house hunting.
CAR said its survey results have a margin of error of 2.6 percentage points at a 95 percent confidence level.
July 8, 2009
May home sales increased 35.2 percent, price declined 30.4 percent
Home sales increased 35.2 percent in May in California compared with the same period a year ago, while the median price of an existing home declined 30.4 percent, C.A.R. reported last week. "With affordability for first-time buyers at a record high, sales of existing, single-family homes continued to remain above the 500,000 level for the ninth consecutive month," said C.A.R. President James Liptak. "Buyers are beginning to realize that the combination of favorable home prices, historically low mortgage rates, and first-time home buyer tax credits, may not align again for many years.
"The sales gains over last year have diminished in recent months," he added. "This trend is expected to continue through the end of the year, as limited inventory at the moderate and low end of the market constrains sales activity," he said.
Closed escrow sales of existing, single-family detached homes in California totaled 556,590 in May at a seasonally adjusted annualized rate. Statewide home resale activity increased 35.2 percent from the revised 411,770 sales pace recorded in May 2008. Sales in May 2009 increased 2.9 percent compared with the previous month.
The median price of an existing, single-family detached home in California during May 2009 was $267,570, a 30.4 percent decrease from the revised $384,540 median for May 2008, C.A.R. reported. The May 2009 median price rose 4.2 percent compared with April's $256,700 median price.
If you are waiting for housing prices to hit rock bottom before you buy a home to live in or rent out, wait no longer. -------------------------------------------------------------
Orange County home prices last month ACTUALLY ROSE for the first time since June, according to DataQuick.
The median selling price was $375,000 — up $5,000 from January but still down 27.9% from a year ago.
For calendar month February 2009, Orange County saw $375,000 median selling price that is 42% below June 2007's peak of $645,000.
Single family homes sell for 41% less than their peak pricing (June '07) while condos sell 46% below their peak in March 2006. Builder prices for new homes are 42% below their February '05 top.
Home prices usually rise in February vs. January. Last time they fell in this period? 1999!
January was the 7th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year's pace
Delores Conway, a real estate economist at the University of Southern California, says home prices have come down 40 % in Los Angeles and Orange County since the mid decade peak.
She notes that those prices, coupled with record low interest rates, mean today's buyers can secure the same monthly payments home buyers enjoyed six years ago.
So please call me and let's go out and find you a home together.
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Search the ENTIRE MLS from my site. THIS IS DEFINITELY THE TIME TO BUY IN ORANGE COUNTY, CA. Mortgage rates are absurdly low right now!
February 13, 2009
HOME PRICES DROP 40% in Orange County (and LA):
Home prices have come down 40 % in Los Angeles and Orange County since the middle decade peak. And that means that, coupled with record low interest rates, you can secure the same monthly payments home buyers enjoyed six years ago.
Home buyers in Southern California are now challenged less by price than by loan availability. With fewer lenders, underwriters and loan officers on the job, there are fewer workers to take new applications, see them through the process, and get loans closed.
INTEREST RATES WILL START RISING SOON.
As interest rates drift down, there are more applications for purchase loans, as well as re-financings. In turn, interest rates are starting to rise as lenders reach capacity, to better manage their pipeline.
WAITING TO BUY CAN BE A MISTAKE:
The outlook for home buyers is that affordability is not likely to improve much more from where it is now. The best home selection in terms of both price (foreclosures, short sales) and appeal (desirable neighborhoods, schools) is disappearing fast.
BUY SOON OR LOSE OUT?
Fannie Mae announced it is testing a new program to speed up approvals on short sales, keeping additional homes from going into foreclosure. The good news for home buyers is that foreclosures are selling. Out of 838,261 filings made in California in 2008, 165,079 were sold at 39% below the original purchase price, according to RealtyTrac.
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--------------------------------------------------------------------------- January 27, 2009 Look what the New York Times says about the wisdom of buying a hime now: _____________________________________
Don't let the plunging median sales price fool you -- December's Existing Home Sales data has home sellers smiling.
Just one month after falling below the 5-million unit trend line, sales volume roared back by 300,000 homes in December, surprising housing analysts and making a case that this spring's Buying Season could be a competitive one.
Falling home prices helped fuel home sales. Nationally, the median sales price -- the point at which half of all homes sold for more and half sold for less -- was $175,400, down $32,000 from last year.
However, the most important part of December's Existing Home Sales report isn't making headlines.
At December's sales pace, it would now take 9.3 months to exhaust the existing home supply. Last month it was 11.2 months. This means that buyers are competing to purchase fewer homes which, in turn, puts upward pressure on home prices.
This is Supply and Demand at its most basic definition.
Economists have long said that the keystone of housing's recovery will be rebalancing in home supply. Coupled with the all-time low in housing starts, December's Existing Home Sales data signals future strength.
______________________________________
January 17, 2009
Business Week says THIS about home loans today:
Now More Than Ever, Shop Around
In ordinary times, one loan is about as good as another because most lenders' offers on 30-year loans are clustered within around a quarter of a percentage point. Not now. With the economy so shaky, lenders are all over the map in how much risk they're willing to take in making loans. So it really pays to shop around. And keep checking, because rates are constantly changing. One day in late December 2008, Wells Fargo (WFC) was offering 30-year conforming loans at 5.0% plus one point, while Bank of America (BAC) was offering the same kind of loan at 6.625% plus one point, according to Cameron Findlay, chief economist of LendingTree.com. No offense to Bank of America, but only a sucker would have borrowed from it instead of Wells Fargo that day.
For New Loans, Get a Fixed Rate
Forget what you were told in quieter times about the pros and cons of fixed- vs. adjustable-rate mortgage loans. These days, all the best deals are on fixed-rate loans because that's the segment of the market that the government has been targeting with support. The securitization of adjustable-rate loans has mostly dried up, so banks don't want to originate ARMs, therefore they don't offer attractive rates on them, says HSH's Gumbinger.
If You Have an ARM, Keep It for Now
On the other hand, if you got an ARM in the past and it's coming up on an interest rate reset, don't rush to unload it. Short-term interest rates have gotten so low that you're very likely to see your monthly payment fall. Thank your lucky stars if your ARM happens to be indexed to the one-year Treasury bill, whose yield has fallen below half a percent. Even with the typical spread added on, you're still paying only around 3.25% a year, says Gumbinger. ARMs indexed to LIBOR (the London Interbank Offered Rate) are resetting these days to the low 4s, which is still excellent.
The average contract interest rate for 30-year fixed-rate mortgages decreased to 5.04 percent from 5.18 percent, with points increasing to 1.17 from 1.13 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans. The contract rate for 30-year fixed-rate mortgages is the lowest recorded in the survey since the record low of 4.99 percent for the week ending June 13, 2003.
The average contract interest rate for 15-year fixed-rate mortgages decreased to 4.91 percent from 4.93 percent, with points decreasing to 1.03 from 1.34 (including the origination fee) for 80 percent LTV loans.
The average contract interest rate for one-year ARMs decreased to 6.36 percent from 6.63 percent, with points decreasing to 0.28 from 0.30 (including the origination fee) for 80 percent LTV loans.
**SPECIAL NOTES**
The survey covers approximately 50 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts. Base period and value for all indexes is March 16, 1990=100.
---------------------------------------------------------------------------- Dec 24, 2008:
· The most-recent survey from Freddie Mac shows interest rates on 30-year, fixed-rate mortgages averaged 5.19 percent last week, the lowest level in 37 years. While lower interest rates have resulted in a dramatic jump in homeowners seeking to refinance, now also is a great time to purchase a home. The lower interest rates also are making mortgage payments more affordable, especially on larger homes that previously may have been out of reach.
· In addition to lower monthly mortgage payments, a lower interest rate also allows more home buyers to qualify for larger mortgages with less income. Generally, a buyer applying for a 30-year, fixed-rate mortgage loan of $400,000, with an interest rate of 5.5 percent, needs an income of $92,000, assuming a 10 percent down payment. If the rate drops to 4.5 percent, the borrower would need an income of $84,000 to qualify for the same mortgage loan.
· Despite the increase in the number of homeowners who sold their homes at a loss, home sellers who owned their properties for a longer period of time were less likely to experience a loss from their home sale, according to the "State of the California Housing Market 2008-2009" report.
The Current State of Orange County Housing As of October 16th, 2008 (Per Economist Gary Watts)
♦ 12,722 the lowest number of homes for sale in 18 months and a current housing supply of 4.76 months.
♦ 49.7% of our entire inventory is priced below $500,000, representing 69% of the demand
♦ 42.9% of our entire inventory (5,458) is distressed properties, representing 64.2% of demand.
a. Short-sales make up 77% of distressed properties with a market time of 6.08 months.
b. Bank-owned make up the remaining 23% and have a market time of only 1.22 months.
c. In southern California last month, 45.5% of all sales were foreclosed properties.
♦ 67.5% of distressed properties are priced below $500,000
♦ 93.0% of distressed properties are priced below $750,000
♦ 38.2% of attached homes are vacant
♦ 25.5% of detached homes are vacant
♦ 12.0% demand for homes above $750,000-------------------------------------------------------------------------------- What Does this Mean For The Buyer:
♦ There are 71% fewer mortgages available than a year ago.
♦ There are no more "Bail & Buy" loans.
♦ All assets and income must be verified.
♦ Larger down payments are required, with points to be paid on the loan.
♦ Fixed rate mortgages account for 69% of funded loans.
♦ FHA is the new "big" player.
(a) up-front insurance premium is now 1.75%.
(b) "Kiddy Condos" for kids in college.
(c) down payment goes to 3.5% on Jan. 1st.
(d) gift still available for down payment -------------------------------------------------------------
A Look at Real Estate in Orange County :
♦ Orange County has 4 of the top 20 income-earning cities (NB, YL, IR, MV) in America.
♦ It has the 5th lowest unemployment rate in the State and job growth is projected to grow next year at a rate of 1% - adding 14,000 new jobs.
♦ There are 94,000 small-business employers, of which 62% have fewer than 5 workers and 95% employ fewer than 50 people - leading to stability through diversity.
♦ There are 8 billionaires who call this county home.
♦ This county ranks 4th in the nation with 315,396 millionaires
♦ Rents are up 4.5% (June to June), making OC the 6th highest rental market in the U.S.
Sources: OC Business Journal, WSJ, Federal Reserve, World Wealth Report, U.S. Census, EDD, REIS Inc.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Compared to the year before, September Sales of single-family, re-sale homes in Orange County rose 83.9% . This is the third month in a row home sales have been up year-over-year.
The median price for single-family, re-sale homes in Orange County fell 4% from August. Year-over-year, the median price was off 26.7%.
The large number of bank-owned properties processing through the market are moving statistical prices downward, just as in the best days of the market, the large number of million dollar plus sales moved statistical prices upward.
Orange County condo sales rose 2.6% from August, and were up 80.7% year-over-year. The median price fell 6.5% to $290,000, a year-over-year drop of 30.8%.
Emergency Economic Stabilization Act May Help Homeowners: Enacted on October 3, 2008, this historic federal legislation earmarks $700 billion for the Treasury Secretary to purchase troubled assets from financial institutions. The Secretary and other federal agencies are also charged with the task of mitigating foreclosures for mortgages and mortgage-back securities and encouraging loan modifications. Furthermore, this law strengthens the FHA-insured refinance loans for troubled mortgages under the HOPE for Homeowners program, including authority for the program's board of directors to increase the maximum loan amount above 90% of the appraised value. This bill also extends the tax exemption for debt forgiveness on home loans under the Mortgage Forgiveness Debt Relief Act of 2007 from December 31, 2009 to December 31, 2012. Source: H.R. 1424.
August 28, 2008-----HOME SALES INCREASED 43.4 PERCENT; MEDIAN HOME PRICE FELL 40.3 PERCENT IN JULY Home sales increased 43.4 percent in July in California compared with the same period a year ago, while the median price of an existing home fell 40.3 percent, as.reported by the California Association of Realtors.
"Sales improved significantly in July 2008 and remained above the 400,000 level for the third consecutive month," said C.A.R. President William E. Brown. "Deeply-discounted, distressed sales continue to drive volume in many regions of the state. July also was the first full month during which the effects of higher $729,000 conforming loan limits likely had an impact on closed sales."
The median price of an existing, single-family detached home in California during July 2008 was $350,760, a 40.3 percent decrease from the revised $587,560 median for July 2007. The July 2008 median price fell 4.5 percent compared with June's revised $367,130 median price.
August 20, 2008: Almost 50% of homes in Orange County that were sold this spring sold for less than their earlier sale price according to Dataquick which says that those homes experienced a median price drop of 27 percent
Thirty-seven ZIP codes had more than 50% of their homes selling for less, and in 82 of the county's 83 ZIP codes, prices dropped.
Zip codes on the coast, where the median home price rose in the first two quarters of 2008, have many homes selling at a discount, with the greatest number being from inland ZIPs.
The Orange County Register says that as of July 20, 2008, the typical Orange County house seller cut the price of their home $17 every hour over the past year. Talk about DISCOUNTS! Sheesh!
That 17-buck discount is what a $150,000 drop in DataQuick's median selling price for Orange County residences from June 2007's peak amounts to. Yes, we went from a record high home price of $645,000 a year ago -- basically triple 1997's pricing -- to $495,000 last month. Better Hurry...those low priced homes are going fast. Call me at 949-463-4111 | Debbie@DebbieFerrari.com ----
SOUTH Orange County sales are up 115% since the end of 2007!!!! This is for the cities of San Clemente, Dana Point, San Juan Capistrano, Laguna Niguel, Laguna Beach, Aliso Viejo, Rancho San Clemente and Laguna Hills. YES, people are buying bargains now!
As of June 26, 2008, current Market hotspots: Short sales and REO sales currently account for nearly 50% of the pending sales and about 37% of the current listings.
As of June 13, 2008, the past two weeks Orange County sales are the greatest numbers in over 2 years. Inventory continues to fall by an average of about 100 per week, compared to increases of about 200 listings per week at this time last year. Also, the index of how long it would take to sell the existing inventory at the current rate of sales is at its lowest point since August of 2006. Yes, since 2006!!
The Orange County Register says on June 2 the following: "Economists at Global Insight and National City Bank say Orange County housing is now 5.2% undervalued ¡ª yes, undervalued. That's the first time this math shows local homes as relative bargains to broad economics since the second quarter of 2003. It's also the largest undervaluation since the final three months of 2002." Great news! Buyers take note!
Smart buyers are sensing bargains and that now is the time to buy. To wit: As of May 17, 2008, the number of weeks required to sell the existing inventory at the current rate of sales is the lowest that it has been since April of 2007, when the market was not yet affected by the sub-prime meltdown.
Trust a 30-year veteran. You'll like visiting my site and finding ALL the MLS homes for sale in Orange County and most of Southern California. Email your Orange County realty questions to me at Debbie@DebbieFerrari.com ----------------------------------------------------------------------------------
In Orange County, for the first time in 11 years, the median home price dropped in 2007. The median home price was $618,000, which was down 1.9 percent from the median home price of 2006.
What will the market be in 2008? Well, in 2005, 54,000 homes sold in Orange County. But in 2007, the total was cut in half, at 27,000 homes. In the past 20 years, that is the lowest total.
Long time experts in Orange County estimate that prices in the OC were about 10 percent off the June 2006 peak, which means they matched levels seen in 2005.
In 2008, the prices may well drop to 2004 levels, but only on a median level. Great exceptions are found in beach and near-beach communities.
Sure, there have been some big drops for homes with dreadful floor plans, poor locations, such as by a noisy freeway or park, or in some declining neighborhoods in north Orange County zip codes (which had a 7-8 percent drop in median prices). However, Inland zip codes lost only 5.4 percent and homes in mid-county zip codes dropped only 4.4 percent.
The worst losers? Three areas, North, Inland and Mid-County suffered sales drops of approximately 33 percent.
But happy days for some: Coastal areas in Orange County were hardly impacted by the housing bubble bursting.
In the beach cities, starting in the south through San Clemente, Dana Point, Capistrano Beach, Laguna Niguel, Monarch Beach, Laguna Beach, Corona Del Mar, Newport Beach, Huntington Beach, Sunset Beach, and all the way north to Seal Beach, home prices dropped just 2.9 percent, with sales levels dropping only 18 percent.
In 73 of the County's 83 zip codes, sales fell in 2007. In Santa Ana's Zip Code 92707, sales were off a whopping 62 percent.
The overall gainer in sales volume in 2007? Irvine's 92612 where sales increased 30 percent.
Regarding median home prices, some went UP in 2007. Dana Point saw the median home price RISE by 15.6 percent to over one million dollars in the city's 92624 zip code. Parts of San Juan Capistrano, Huntington Beach and Newport Beach, also enjoyed home price increases.
In Orange County, the cities of Laguna Hills, Ladera Ranch, the eastern side of Santa Ana, eastern Mission Viejo and north Orange had no changes in price in 2007 compared to 2006.
Garden Grove's 92840's zip code showed the leading price drop of 15.3 percent, down to $500,000. Oddly, some normally top neighborhoods in Newport Beach, Huntington Beach, and Irvine had double-digit price decreases, too.
Is the credit crunch terrible in Orange County? Well, it could be a lot worse...Real Data Strategies, a Brea consulting firm, says that 54.6% of homeowners in default emerge from the foreclosure process by bringing their payments current, refinancing, or selling the home and paying off what they owe.
The Pacific West Association of Realtors says that Orange County sales REVENUES for real estate agents dropped by almost 40 percent during the last five months of 2007. And that represents a $3.1 billion drop from the same period in 2006.
This is not so good for real estate agents because only 55 percent of Orange County's active real estate agents took part in one or more sales last year. And half of those had just one or two sales apiece. The other 45 percent had no income in 2007!!
You can expect many agents to drop out of real estate during 2008.
A leading local newspaper reported that historically, housing downturns average 27 months so we may be near the end. And we are told by the housing analysts that we are in the 25th month of the current housing downturn. And so far in 2008, while there has been a significant decline in sales volume, home prices in many areas have continued to show small amounts of appreciation.
The newspaper further believed that with the Fed cutting interest rates, Congress passing bills to aid housing, and more money available for home lending, the financial markets will begin calming down. This down cycle will come to an end, just as they have done since 1970, and an excellent buying opportunity may lie ahead.Buyers will still need to be pre-qualified before a Realtor or seller takes them seriously, but it is definitely becoming a buyers market vs. the sellers market of the past few years.
Fortunately, because I mostly represent buyers, I can represent you, and protect you against the seller and his agent, and guide you in preparing the papers for your offer.
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Orange County is still the place to live for many people seeking "the good life" in a vibrant, exciting neighborhood.
A baby-boomer's heaven, the OC is the place to buy a home, a second home, or even investment property.
ZIP Code: 92673 Approximate Location Boundaries: Orange County is bordered on the west by the Pacific Ocean (with 42 miles of beaches), on the south by San Diego County, on the northeast by San Bernardino County, on the east by Riverside County, and on the north by Los Angeles County.
Location Characteristics: This area, near the long coastline, consists mostly of gently rolling hills and shallow, swooping valleys. South Orange County is primarily my serviced area, from Irvine following the I-5 freeway south to San Clemente. (Although I also serve clients ALL OVER the County)
Inland, the land lies flatter in Laguna Hills, Laguna Woods, and the historic city of San Juan Capistrano, dating from 1775, with its landmark Mission tourist attraction. The coastal cities feature scores of beachfront homes, and inland, thousands of homes with ocean views, and ones of Catalina Island visible 26 miles away.
The coastal, oceanfront cities with beaches include San Clemente, Dana Point, Laguna Niguel, and Capistrano Beach. Those who love ocean sunsets, water sports, boating, SCUBA, beach walks, and strolls on our 1/4-mile San Clemente pier, or boating in our stunning jewel of a yacht harbor at Dana Point...will seriously want me to show them the entire area.
Once you take the South Orange County tour, it becomes most difficult to decide just which city in South Orange County would be best for you. I'll help you every step of the way to decide where your home should be located in this magical area, one of the most coveted and beautiful vacation spots in the whole country.
About Debbie Ferrari, e-PRO, Broker:
Unlimited MLS searching by the visitors themselves is offered, with the option to get updates automatically by e-mail whenever new homes matching the buyer's search parameters come onto the market. Debbie Ferrari's site has won more truly top real estate awards than any known U.S. Realtor® site. Why? Because it contains boundless local and general real estate information so that a buyer moving to Debbie's area can find virtually anything needed to buy a home. The site has more than 1000 background pages of realty-related information, plus school, civic, social info and pictures of local attractions including aerial and 360-degrees of San Clemente's famous pier and hillside homes, and Dana Point's lovely yacht harbor. Even a video tour of the nearby five-star Ritz Carlton Resort is included. There's even a LIVE 24/7 beachCam showing our beautiful San Clemente beach and pier.
Debbie's sites receive more than 35,000 visitors monthly, which makes sellers happy because most of these visitors are prospective BUYERS who are thrilled to find so much of value.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
