Irvine at the Top in Orange County CA New Home Sales

Irvine CA dominates the Orange County CA new homes market.

MarketPointe reported that 1,618 contracts, or 55 percent of all Orange County new home deals, were in Irvine CA last year 2012.

Housing experts credit The Irvine Company for jump-starting Irvine's home building surge with its 2010 New Home Collection, a 685-home project in the Woodbury and Woodbury East developments, west of the former El Toro Marine base.

After the slowest market for builders since World War II, this project put six builders back to work building eight tracts - or "neighborhoods."

The Irvine Company officials say their decision to build - made at the height of the recession in early 2009 - was no gamble. After more than a year of interviewing buyers and reconfiguring homes to meet today's needs, the company determined that Irvine - with top-notch schools, low crime and a lack of homes for sale - would emerge from the recession first.

And that's what happened. The Irvine Co. expected it would take two years to sell all 685 the homes. They sold out in less than half that time. A total of 2,600 sales contracts have been signed since the project was launched three years ago, with 22 "neighborhoods" selling out, company officials said.

The Irvine Company claimed that sales in its developments topped 25 homes a week for 28 weeks last year. Sales topped 30 a week for 16 weeks.

In all, builders opened 1,436 new home escrows The Irvine Company projects in 2012, which is up 93 percent from the year before.

"The economic forces came together for us in 2012," said Tom Veal, the Irvine Co.'s vice president of sales and marketing. "People in 2012 became a little more comfortable with the economy."

__________________________________________________

Contact us to find out about new homes at Irvine and Orange County.

Source of information is Mariners Escrow Corporation.

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US about strategy to sell your Irvine or Orange County CA home at the highest possible price.

Posted via email from Explore OC Homes

More Sellers Needed at Orange County CA Real Estate

Shockingly low number of homes for sale listings at Orange County CA real estate during the 2012 year surprised lots of people and market watchers.

Source of graphic and some information is "Reports on Housing"

The Orange County market had a huge drop of about fifty percent in number of listings from start of 2012 to end of the year.

We now see a slight increase of for homes for sale listings during the first three weeks of this year - and hope this listings increase is a trend that will continue through the Spring.

However, the main Orange County CA real estate story continues to be that the market needs more sellers to satisfy home buyer demand and aggressive investors.

_____________________________________________________________

CONTACT US for a free market evaluation of your Orange County CA home.

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US about strategy to sell your Orange County CA home at the highest possible price in a short time.

Posted via email from Explore OC Homes

Orange County CA Home Prices and Values Are Up

Orange County CA homeowners are happy with local real estate news that values are going up.

Orange County housing markets have been swamped with buyers and investors during the past nine months.

2013 started with Orange County real estate heat.

More buyers are making decisions, and markets don't have enough listings.

Top 10 Real Estate Trends for 2013 Orange County include that home sales and prices will go up.

This hot buyer demand for homes at Orange County is expected to stay up while markets need more listings.

"2012 OC housing Oomph no fluke" - according to to OCRegister.com.

and that

"Orange County home selling prices hit 4 1/2 year high"

If you an Orange County homeowner, check this news out on prices and property values up - with markets having more buyers than sellers - and decide whether now is good time to sell.

_____________________________________________________________

CONTACT US for a free market evaluation of your Orange County CA home.

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US about strategy to sell your Orange County CA home at the highest possible price in a short time.

Posted via email from Explore OC Homes

Turtle Rock Irvine CA Homes and Real Estate

Even though Irvine CA home listing numbers are down, Turtle Rock has some beautiful properties now for sale, and here are some of those.

Turtle Rock crest custom home - $2,958,000 - 5 bedrooms and 5 baths - 5550 sf interior - active for sale - Active - MLS# S722705

Turtle Rock Crest Akins - $1,399,000 - 4 bedrooms and 4 baqths - 3635 sf interior - back up offers - MLS# P842616

Turtle Rock Highlands Garden - $1,395,000 - 4 bedrooms and 3 baths - 3015 sf interior - active for sale - MLS# S720434

Turtle Rock Highlands Garden - $1,228,000 - 4 bedrooms and 3 baths - 2541 sf interior - Active - MLS# S722272

Turtle Rock Broadmoor - $1,150,000 - 5 bedrooms and 3 baths - 2500 sf interior - Active - MLS# S722789

CLICK HERE for LINK TO SEE - ALL TURTLE ROCK IRVINE HOMES FOR SALE

Source of some information is CRMLS, and this is for listings by all brokers and agents.

Posted via email from Explore OC Homes

Irvine CA Home Selling Continues Hot With Buyers

Irvine CA home sales were brisk during 2012 - where buyers gobbled up most of the for sale listings by the end of the year.

This hot Irvine home selling during 2012 resulted from buyers getting motivated, understanding of property values at Irvine, good and safe residential neighborhoods, and some of the best public schools anywhere.

2,406 Irvine home sold during 2012 - which was up 18 percent as compared with the year 2011.

Irvine buyers paid more than $1.6 billion for homes last year - a total of $1,615,450,956 for homes during 2012.

Sales of Irvine homes continue to be up, and number of listings is extremely low, so the market needs many more home sellers and listings.

_____________________________________________________________

CONTACT US for free market evaluation of your IRVINE CA home.

Source of some information is CRMLS.

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US HERE about strategy to sell your Irvine CA home at the highest possible price.

Posted via email from Explore OC Homes

Why Now is Best Time to List and Sell Your Orange County CA Home

Why wait for springtime to list and sell your Orange County CA home? Buyers are ready now. It's the best time for home sellers.

Buyers are crushing markets at Orange County. Fewer homes are now listed for sale, which creates big-time buyer competition, with multiple offers and rising selling prices.

Mortgage loan rates remain excellent and near all-time lows - home loan opportunity perhaps not to be seen again for years.

Cities and areas at Orange County now have lowest number of homes listed in years:

Irvine - 211 homes now listed for sale
Costa Mesa - 55 homes now listed
Huntington Beach - 194 homes listed
Lake Forest - 43 homes listed
Mission Viejo - 83 homes now listed
Tustin - 60 homes now listed

Many Orange County areas don't have enough homes for sale to keep up with buyer demand - Average market time is very fast, and it would take about 45 days to sell all Orange County homes now listed.

Note to Orange County home sellers: Get the edge and beat the competition from others sellers. Don't wait until Super Bowl Sunday or the spring. List and sell your home today.

CONTACT US for free market evaluation of your Orange County CA home.

____________________________________________________

Source of some information is ReportsOnHousing.com and CRMLS.

Harrison K. Long - real estate and business solutions - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - now serving as an appointed director at California Association of Realtors - attorney member of the California state bar association #69137

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US HERE about strategy to sell your Orange County CA home and real estate at the highest possible price.

Posted via email from Explore OC Homes

Huge Advantage for Sellers at Orange County CA Real Estate

With enormous drop in number of homes listed for sale - Orange County CA sellers have big market advantage.

3,161 Orange County homes are listed for sale now, which is lowest point in at least eight years.

At the same time buyers got motivated during February 2012, number of listings started to drop - eventually down 62% by the end of the year 2012.

Buyers understood their opportunity with low mortgage rates, got off the fence and bought lots of Orange County homes during 2012.

Average market time at Orange County home selling (the time it would theoretically take to sell all Orange County homes on the market at that pace of sale) - is now incredibly fast at about 54 days - as compared with 109 days at the start of the year 2012.

CONTACT US for information on STRATEGY how to sell your home at the highest price in the shortest possible time.

____________________________________________________

Source of information is ReportsOnHousing.com.

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US HERE about listing and sale of your Orange County CA home and real estate.

Posted via email from Explore OC Homes

Hot Turtle Rock Irvine Market Needs More Home Sellers

Turtle Rock Irvine home selling market is hot with buyers.

With only one detached SFR home now listed for sale (at 5 Nightstar) ...

Turtle Rock Irvine has 6 detached homes now under purchase contract in "backup" and "pending" on the MLS.

Turtle Rock at Irvine real estate needs more sellers and listings.

Turtle Rock also has 12 attached and condo homes now listed for sale.

With about 3,500 privately owned residential properties at Turtle Rock Irvine - only 13 - much less than one percent of all private homes - are now listed for sale.

Turtle Rock Irvine simply does not have enough homes for sale to keep up with buyer demand and a balanced market.

126 Turtle Rock Irvine homes were sold during the past one yer since January 1, 2012 - with average sold price of $917,469.

CONTACT US for information on STRATEGY how to sell your Irvine home at the highest price in a very short time.

____________________________________________________

This is for information only from CRMLS and includes Turtle Rock homes sold by all brokers and agents.

Harrison K. Long - real estate and business solutions - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - now serving as an appointed director at California Association of Realtors - attorney member of the California state bar association #69137

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US HERE about listing and sale of your IRVINE CA home and real estate.

Posted via email from Explore OC Homes

New Law Extends Mortgage Forgiveness Debt Relief Act

New U.S. Law signed by the President on January 1, 2013 extends certain provisions of the Mortgage Forgiveness Debt Relief Act through the U.S. American Taxpayer Relief Act of 2012 until December 31, 2013.

This Mortgage Forgiveness debt relief act of 2007 had benefited qualified homeowners who may have otherwise owed taxes on forgiven debt after going through a short sale.

Homeowners will continue to receive their 1099-C forms and should consult with the IRS and their tax adviser and evaluate personal situation and understand their tax payment obligations.

For review of other key provisions of this new law - U.S. American Taxpayer Relief Act of 2012 - click here.

____________________________________________________

This is for information only and is not the providing of legal or income tax services. Each person should contact their own income tax professional to determine tax situation responsibility.

Harrison K. Long - real estate and business solutions - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - now serving as an appointed director at California Association of Realtors - attorney member of the California state bar association #69137

Professional REALTOR® agent representation - help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

CONTACT US HERE about listing and sale of your Orange County CA home and real estate.

Posted via email from Explore OC Homes

REO Homes For Sale at Laguna Beach CA Real Estate

4 Laguna Beach CA REO homes are now listed for sale by lenders after foreclosure and are possible opportunities for buyers.

1330 Terrace Way - detached home with 3 bedrooms and 2 baths - asking price is $1,149,900 - MLS S719886

813 Emerald Bay - 5 bedroom and 4 bath home with ocean views - asking price is $2,999,900 - MLS S720414 -

36561 Table Rock Drive - attached condo home - 2 bedrooms and 2 baths - asking price is $879,900 - MLS S714068

31401 Mar Vista - custom estate home - 5 bedrooms and 8 baths - with ocean views - asking is $17,990,000 - MLS U12003072

Home and property buyers and investors are scrambling for good deals these days and should check these Laguna Beach REO bank owned properties out.

CONTACT US for information about these and other REO properties for sale.

____________________________________________________

Harrison K. Long - real estate and business solutions - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - now serving as an appointed director at California Association of Realtors - attorney member of the California state bar association #69137

This is for information only about properties listed by all brokers, and source is CRMLS.

CONTACT US HERE about listing and sale of your Laguna Beach or Orange County CA home and real estate.

Professional REALTOR® agent representation - help for property owners, private trust estaterepresentatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

Posted via email from Explore OC Homes