Presidential Heights San Clemente

Rising Interest Rates has become a problem for those looking to get a mortgage when buying a home in today's real estate market.  These higher rates were intended to slow down pries and inflation but the actual opposite as happened.  Due to low inventory, we have what they call shelter inflation which is reaction to the Federal government raising interest rates.  It's basically explained as the higher the interest rates go, less and less people who currently have a 3 or 4 percent mortgages on their home would not want to put their home on the market and buy another property at interest rates in the 6 to 7 percent range due to the higher costs involved.  So the higher interest rates have created a very limited number of homes coming on the market which is

The San Clemente real estate market has seen a huge increase in listing prices in the last several years with some amazing homes getting top dollar for them.  One of our most requested items when people are looking for homes here is having a nice ocean view.  San Clemente is unique when it comes to ocean view properties as the 5 freeway basically splits the town into two halves.  The homes that are located on the ocean side of the freeway are very desirable since you easily walk to the beach but often times will have limited ocean views unless you are very close to the beach.  Properties on the east side of the freeway are located in the hills of San Clemente and can have amazing panoramic ocean views.  The only drawback with a lot of these properties is

San Clemente is an older beach town down that dates back to the 1920's when the homes were first built here.   Since many of the neighborhoods in San Clemente have been around for a long time you won't typically find any Mello Roos in these neighborhoods.  Mello Roos is a bond that is associated with brand new communities as a way of passing on the costs to the homeowners associated with building a new neighborhood.  Builders are always looking for ways to minimize the costs when building homes and creating a Mello Roos bond which typically goes for 25 to 30 years and is smart way for them to avoid the costs associated with building streets, sidewalks, etc in a new community.  Most buyers don't like this added extra cost when buying a home but since most

The San Clemente Real Estate market in the last three to four months has been really crazy as buyers are bidding against each other when new listings that are priced well come on the market.  Many thought COVID would bring the real estate market down but it has actually had a reverse effect and the market has never been stronger.  One of the biggest issues is limited inventory which has been a problem for the last two to three years in San Clemente and has become even more limited due to COVID.  What many buyers are doing is looking for homes that are not on the market yet but will be coming on the market soon.  These listings that were once only limited to real estate agents are now available to the general public.

One of the best things you can do

San Clemente has a large number of properties on the market for sale right now that are being marketed as fully furnished.  This is becoming a big trend in selling a home  How exactly does it work?  For starters, there are various degrees in which an owner can decide to sell a home.  We see some sellers offering select pieces of furniture to be included in the sale while others will offer completely everything including kitchen plates and silverware.  One of the first things you should do it make a quick estimate on how much the furniture would cost if you were to buy it.  

It's important to also factor in the selling price of the home as well.  If the home is priced correctly and listed at a price point of where other similar type homes in the

One of the benefits of living in the Southern California is the sunny weather we get to enjoy pretty much all year around, except for the June gloom that that occurs every year.  Many residents have used this benefit to aide in going green and using solar panels as an alternative to electricity.  The technology in this field has drastically changed over the years and as a result has become more affordable.  Many homes in San Clemente are installing solar panels on their roofs which has become a huge selling point when it comes time to sell.  Markeing a home with solar panels really does appeal to those who want to live a more green focused living and for those who are also cost conciecous who want to save money.

There are typically two different ways

When I first got into real estate over 20 years ago I always heard the word "turnkey" and had no idea what people were talking about.  It seems like its a favorite word among real estate agents for describing a home that is in excellent condition.  it wasn't later that it was explained to me that it literally meant turn the key in the door and leave without any concern about something falling apart or not working correctly.  Once I got this explanation it started to make sense but I still feel like it's a word that is over used by the real estate community.

Nevertheless, it's a short way to describe a home that needs little to no work done on the home.  Basically, bring your touthbrush and move right in.  This is especially true to describe condos in

San Clemente real estate prices over the last several years has really since an increase which is making it harder to find properties for sale under the $500,000 price point.  The days are gone where you can find a single family home in this price range leaving only residential condos.  There are just a few select places to look in order to find the best deals in San Clemente for under $500,000.

The first place to find the best deals is the Vista Pacifica complex.  It wasn't too long ago that you could find a nice one bedroom condo for under $200,000 in this complex.  Today, condos currently start $275,000 for a one bedroom unit with 560 square feet.  Two bedroom condos are even more expensive and currently start at $389,000 and go up to $409,990.  The

Real Estate agents have a special day when they get to preview brand new listings that come on the market in the San Clemente real estate market place.  This is called "broker preview" since real estate agents and brokers have the ability to view a large number of listings in a short four period.  Often times, agents will spend just a couple minutes looking at a property and then drive on to the next property.  This allows them to be able to see a large number of properties so they are better able to identify properties that may work for their clients.

The dates for properties located in San Clemente, Dana Point and San Juan Capistrano is every Wednesday from 9:30am to 1:30pm. Buyers are also welcome to attend these open houses and can quickly view a

The Southeast San Clemente area is a great place to find ocean view homes in San Clemente, California.  Most San Clemente buyers typically want to live near the beach but soon learn that real estate prices are normally very high and have limited ocean views.  They soon find that the best value for the money is often found in the hills of San Clemente where you will find panoramic views and large square footage houses for the same prices that you would find a small beach cottage by the beach.  This area in the hills in commonly referred to as the "Southeast San Clemente" area and is a popular choice for those looking for panoramic ocean views.

The below photo was taken from a home in this area and is a good sample of the kind of ocean view that you can

Presidential Heights is one of the older communities in San Clemente and located near the Orange and San Diego county border lines.  Built in the 1970's, these one and two story condos feature some of the best ocean views you will find for condos under the $500,000 range in San Clemente.  There are actually two communities within Presidential Heights and commonly known as Presidential Heights I and Presidential Heights II.  One of the benefits the condos offer is a great location just minutes to the Riviera & Trestles surf beach and located directly above the San Clemente municipal golf course.  Another benefit to living in Presidential Heights are the views.  Not all condos will have views but select condos in both Presidential Heights I & II will have

The San Clemente municipal golf course is one of the best kept secrets in San Clemente for those who are golf enthusiasts. For those looking to play an affordable round of golf then you will be happily surprised that golf prices are especially low when compared to other golf courses. An average round of golf costs as low as $14 dollars for residents which is a tremendous value. There are many homes In this Southeast area which surround e course and have wonderful golf and/or ocean views. The homes are often single level homes built in the mid part of the century with newer style homes mixed in as well. Golf course view condos located at Presidential Heights offer an affordable alternative for housing with golf course views. No matter where you decide to

2012 is turning out to be a great year as buyers are back in the market looking for properties.  With the current low inventory of homes buyers are open to looking at fixer upper homes as a way to get in to San Clemente Real Estate marketplace.  Fixer upper homes rarely come on the market and can range anywhere from a small condo to large ocean view home.  If you don't mind a little sweat equity and you enjoy fixing up homes then these properties may be perfectly suited for you.  A recent fixer upper home has recently come on the market in the Mira Coast Villas condo community here in San Clemente, California.  Mira Costa Villas is an older complex here in San Clemente that were built in the late 1970's.  The condo is currently listed for $369,000 and