Home Remodel 101 – Do Not Over Customize Unless You Plan to Stay

  • December 17th, 2013
  • devinlucas

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 […]

Short Sale Debt Forgiveness In California Is Not Subject to State or Federal Income Tax

  • December 12th, 2013
  • devinlucas

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 […]

Orange County Ranked No. 2 in Nationwide Housing Recovery

  • December 3rd, 2013
  • devinlucas

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 […]

Chapman University Economic Forecast: 2014 O.C. Housing Still Rising, Slower

  • November 29th, 2013
  • devinlucas

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 […]

What Buyers Do NOT Want In A Home

  • November 5th, 2013
  • devinlucas

Costa Mesa and Newport Beach Real Estate Sellers take note – here’s a neat graphic from the California Association of REALTORS® highlighting want Buyers do not want.  Elevators, shower stalls (v. baths) in the master, wet bars and laminate counters are among the highlights that today’s Buyers just don’t want to see anymore.  It’s often […]

What Features Do You Value Most

  • October 8th, 2013
  • devinlucas

Newport Beach, Costa Mesa and Orange County real estate Buyers and Sellers – What features do you value most in a home?  Here’s a neat graphic from the California Association of REALTORS® with some recent survey results. -Devin Lucas Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, […]

Home Seller Staging Tips Using Feng Shui

  • September 17th, 2013
  • devinlucas

Article Source: California Association of Realtors | Karen Rauch Carter, Feng Shui Palace www.KarenRauchCarter.com. Image Source: iStock The ancient Chinese art of feng shui (pronounced “fung shway”) is over 3,000 years old. This method of arranging inner and outer environments so they consistently support the possibility of all the good things in life encourages health, […]

Survey Results: California Homebuyers’ Motivation in 2013

  • August 13th, 2013
  • devinlucas

What’s motivating California homebuyers in 2013 to move to such pristine neighborhoods as Newport Beach, Costa Mesa and Orange County?  According to the California Association of REALTORS® 2013 Home Buying Survey, here are the top five reasons home buyer’s purchased in California this year: Price Reductions – 38% Favorable prices and/or financing – 12% Desire […]

Robust Real Estate Market = Americans Are On The Move

  • July 30th, 2013
  • devinlucas

Americans are feeling more financially secure with real estate and looking to relocate somewhere ideal, such as Costa Mesa or Newport Beach, according to data from the U.S. Census Bureau and the California Association of REALTORS®.  1.4 million more households moved in 2012 than in 2011. Consumer confidence in real estate is key, with 54 percent of […]

Home Buyers – Hands Off Your Credit While Your Home Search or Loan Is Pending!

  • July 16th, 2013
  • devinlucas

Costa Mesa, Newport Beach and Orange County home buyers – in today’s tough lending and underwriting climate, it’s routine for lenders to check, double check, then check again your credit, employment and income.  In other words, the “pre approval” is hardly the final check.  Your lender is likely (in fact, required, if through Fannie Mae […]