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Newport Beach, Costa Mesa and Orange County homebuyers have a a long list of desires when searching for the perfect home, but how does one decide what is most important?  To more than half of buyers, schools are top of the list!  In fact, schools are so important that the majority of buyers are willing … Continue Reading

Newport Beach, Costa Mesa and Orange County homeowners and real estate professionals may be interested in the below “Homeowner Legislative Facts,” re-published with permission from the California Association of REALTORS®: Bill to Stop Tax on Loan Modifications Passes Legislature – updated 7/17/14If the principal on your mortgage was reduced with a loan modification new legislation may lower … Continue Reading

Attention Newport Beach, Costa Mesa and Orange County homeowners, how’s your home’s water usage?  Here’s a neat graphic from the California Association of REALTORS® showing a breakdown of an average three-bedroom single-family home in California and some areas where you can save water, and money.  With 57 percent of the water used on landscaping, check … Continue Reading

Attention Newport Beach, Costa Mesa and Orange County consumers, as well as REALTORS®, Teams and Brokers, there are key real estate advertising rules often being violated. One need only open a newspaper’s real estate advertising supplement, or read a recent letter or flyer received at home from an agent “with buyers looking for a home … Continue Reading

Newport Beach, Costa Mesa and Orange County real estate owners and buyers, here’s a neat graphic from the California Association of REALTORS® showing the median home prices by county throughout California.  They’re up, across the board.  While great news for owners and sellers, more frustration for buyers.  These statistics (like all statistics really) are somewhat … Continue Reading

Costa Mesa, Newport Beach and Orange County homebuyers love an updated property.  Homeowners are wise to invest in occasional updating and remodeling, which is almost always a great idea, with many projects (such as tasteful kitchens and bathrooms) often instantly raising a home’s resale value.   Be cautious however, as some remodeling projects go too … Continue Reading

Finally settling a looming issue for many underwater homeowners, according to new clarifications from the IRS and California’s Franchise Tax Board (FTB), short sales in California are generally not subject to state or federal income tax pertaining to the cancellation of debt. (I.e. if you bought your home for $500,000.00 and “short sell” for $400,000.00 … Continue Reading

More great news for Costa Mesa, Newport Beach and Orange County housing as Orange County was ranked No. 2 in housing recovery, nationwide, in a recent analysis by realtor.com. Six California cities made the Top 10 list, further highlighting the robust desirability of California real estate. -Devin Lucas Author Devin R. Lucas is a Real … Continue Reading

Costa Mesa, Newport Beach and Orange County Real Estate – the 36th annual Chapman University Economic Forecast held Monday, November 25 at Segerstrom Hall in Costa Mesa, predicts “significant moderation in price appreciation” for Orange County housing in 2014. Translation… home prices in Orange County in 2014 are likely to continue upward, but at a … Continue Reading