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
…San Clemente Ocean Front Homes
Information on the San Clemente Ocean Front homes for sale in San Clemente. Sam Smith specializes in San Clemente Real Estate.
Found 50 blog entries about San Clemente Ocean Front Homes.
Capistrano Shores San Clemente Rentals
538 Views, 0 CommentsCapistrano Shores is well known for having some wonderful beach front properties that are located right next to the sandy beach. These homes are typically offered for sale and rarely come on the market for lease. When looking at the stretch of homes between the north side of San Clemente between the Ole Hanson Beach Club and Doheny Beach in Dana Point you will see two different communities that are located next to the sand. Capistrano Shores is located in the city of San Clemente and originally was a manufactured home community on lease land. This all changed with the owners had the opportunity to buy the land which caused many to develop larger two story homes. The other community located in the city of Dana Point is a community called "Beach Road."
…Most Expensive San Clemente Homes Sold In 2022
784 Views, 0 CommentsThe San Clemente real estate market has still seen monumental sales even with the shifting real estate market this year. The majority of the highest sales took place earlier this year in March and April was well as the summer months June through August, all of them located in the desirable Southwest San Clemente area. Often times, the highest sales are dealing with cash buyers who are not effected by the higher interest mortgage rates that we have seen this year. For the most part many properties in the San Clemente area did see a slow down with some price reductions necessary in order to get a home sold while other well positioned properties still saw multiple offers. Even with the shifting market the number of homes on the market is still very low
…The Best Ocean Front Streets in San Clemente
810 Views, 0 CommentsSan Clemente is well known for having some amazing ocean front homes but which location is considered the best? When buying a home in San Clemente we like to break the down the city into the different areas. A quick drive through these areas is probably the quickest way to decide where you would like to like. When is comes to living on the ocean front and want a single family home there is no better area than the Southwest San Clemente neighborhood. In this area is a street called "Calle De Los Alamos" is where you will find some stunning ocean front properties that overlook the beach.
This is not the only street in the SW San Clemente community that offers ocean front views so make sure to also consider streets like Paseo De Cristobal, Boca Del
…Sea Pointe Villas San Clemente Condos
793 Views, 0 CommentsOne of the premier bluff front locations is located in the Southwest San Clemente area with a small condo complex known as Sea Pointe Villas. If you are family with San Clemente then you have probably been down to the State Park area. Just above the park is a circular street known as "Avenida Montalvo" and "Avenida Lobiero" which meet as the street loops around the area where some of the best bluff front ocean view condos can be found in San Clemente. Sea Pointe Villas is located right at the Botton of the loop and can have stunning white water views. The complex itself is very small so don't expect to see a lot of listings coming on the market and any given time. We did some research on the past listing history for this complex and found that
…Most Expensive San Clemente Homes Sold in 2020
1,614 Views, 0 CommentsThe year 2020 will remembered for a variety of reasons and was surprisingly a good year for real estate in San Clemente, California. The market was good for the first couple of months at the beginning of the year and slowed down dramatically due to the nationwide shut down that occurred in March and April. Of course, that didn't last long as COVID19 caused many home buyers the urgent need to find another home that was more suited for staying at home. We experienced a lot of buyers coming from the big cities looking to own a home with more land and more interior space. Low mortgage interest rates also helped increase the buying power and we started to see multiple offers on many properties in the summer and fall months. There were three large sales
…San Clemente Coming Soon Listings
2,002 Views, 0 CommentsThe 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 Homes That Are Priced To Sell
1,175 Views, 0 CommentsWhat a difference a couple of months make when looking at San Clemente real estate market. COVDI19 has really changed the landscape of the marketplace and has actually caused the reverse of what most people think would happen. We get a lot of calls from buyers thinking they can get a big discount on real estate since they feel the overall economy has taken a hit due to the large number of jobs that were lost. In fact, the opposite has happened to the real estate market. The inventory of homes on the market for sale was low before COVID19 and because of the pandemic there are even less sellers wanting to put their home on the market. Given the high demand of buyers that still want to buy in part to the very low interest rates there is almost a bidding
…San Clemente Homes With A Private Backyard
1,228 Views, 0 CommentsSan Clemente has many different neighborhoods that can offer private backyards if you know where to look. It seems like the latest trend in real estate is to build new homes close to each other which sometimes seems to come in the lieu of offering privacy between properties. For the most part it's always best to look in older and more established neighborhoods as these were often built on larger lots. This is especially true for some sections of the Forster Ranch and neighborhoods by the beach in San Clemente.
The first place we recommend looking is the Forster Ranch of San Clemente. While this area isn't the oldest community in San Clemente, homes in this area are well known for having large over-sized lots. This is especially true for the large
…Most Expensive San Clemente Homes Sold in 2019
1,610 Views, 0 CommentsThis has been a great year of real estate in San Clemente with over 900 homes selling in this calendar year. The strength of the economy and the stock market has resulted in a very active market with higher sales than the previous year. There were a total of seven homes that sold for $4 million dollars or more with the top sale over the $6 million dollar price point. December is typically one of our slower months but many agents whom I have spoken with think it's been the busiest December that we have had in recent years. Here is a quick guide to the highest homes sales in San Clemente for 2019.
The highest sale this year occurred in the Cyprus Cove community which sold before it even came on the market. This was a newly designed home by James
…San Clemente Homes On A Corner Lot
1,817 Views, 0 CommentsThere is one thing that is true about real estate no matter where you decide to buy and that is always about location. You can always change the interior of the home but you can never change the actual location of the land that the property sits on. This is also true for homes located on a corner lot as these types of properties are considered prime real estate here in San Clemente. One of the main reasons why homes on corner lots are so desirable is having only one neighbor to the side of you. If you like having extra privacy then this is type of property that will give you the extra space that you are looking for.
There are also other factors as well. Homes on corners lots tend to be typically larger than other neighboring lots. Often times
…San Clemente Historic Home Tour - Oct 2019
1,600 Views, 0 CommentsThe San Clemente historic home tour is set to take place next month on October 12, 2019. This year will feature a tour of 9 historic properties here in San Clemente. San Clemente has a very small number of historic properties still in existence so a chance to visit nine different properties is a rare opportunity. The San Clemente historical society is now offering advance tickets for those who would like to attend. Currently tickets are being sold at $30.00 per person or $100 for 4 tickets. This changes on the day of the event which increases to $40 per person.
The tour details of which properties will be on the tour have not been released yet but will be sent via email once tickets have been purchased. It's important to note that the tour will
…San Clemente Turnkey Homes
1,790 Views, 0 CommentsWhen 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 Broker Preview Dates
7,040 Views, 0 CommentsReal 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
…Top 3 Sales In San Clemente For 2016
1,539 Views, 0 CommentsThis year was a busy year for real estate sales in San Clemente with over 932 homes sold in this small beach town. As we look back as what has transpired over the year we always like to see what were the top 3 sales that occurred. Here is a quick recap of these real estate sales. First, the highest sale occurred in the most expensive neighborhood in San Clemente known as Cotton Point Estates. 4075 Calle Isabella, San Clemente sold for $7,588,000 and closed escrow on 10/12/2016. The large estate home was in the same neighborhood as the Nixon White house and was first listed at $9,050,000. It was then lowered to $7,988,000 after being on the market for less than two months. A little after 45 days after that the home went under contract and closed
…San Clemente Homes For Sale Over 10 Million
1,571 Views, 0 CommentsSan Clemente is a small beach town with a wide range of real estate prices. Single family homes now start just under $600,000 for a single family home located on the north side of town. The luxury real estate market typically comprises of homes priced between $3 to $10 million dollars and can be found in some of the best neighborhoods like Sea Pointe Estates, Cyprus Cove and Cyprus Cove. San Clemente also has a small niche ultra luxury market for homes priced over the $10 million dollar price point. These homes are almost always located in the ultra-exclusive Cotton Point neighborhood where the former Nixon White House is located. These are large scale homes that were originally vacant lots not too long ago and were part of the overall compound for
…San Clemente Seller Motivated Homes For Sale
1,479 Views, 0 CommentsThe real estate market is constantly changing, especially over the last 8 years. We have seen a real spike in real estate prices but the San Clemente real estate market is seasonal so our high selling season starts in January and usually continues through mid September. In the fall and winter months through Christmas the market can be relatively slow, and this even magnified more as the presidential elections have everyone in a holding pattern. Some of the best deals can be found in these 4 months with sellers that need to sell their home. These seller motivated homes have the potential to be good opportunities for buying a home at a good price. There are certain things to look for when buying a home in San Clemente.
First, know your comps. Your
…San Clemente Homes With Over One Acre Of Land
3,278 Views, 0 CommentsSan Clemente is well known as a small beach town with many of the homes built very close to each other, especially near the beach. Many visitors from other parts of the country are used to having homes with large sized lots and are always asking the best areas to looking for homes with over an acre of land attached to it. This is our best guide to for homes that may match that criteria.
First, the Forster Ranch area is a great place to start. This is an area located east of the 5 freeway with many homes located on large over-sized lots. Many of the homes will occupy around 10,000 square feet but there is one community that is well known for having homes on one acre lots. This neighborhood is called Forster Ranch Estates and this is a custom home area
…Sunset Shores Oceanfront Community
2,048 Views, 0 CommentsThe Sunset Shores oceanfront complex is located at 410 Corto Lane in San Clemente. The building is located in the area surrounding the San Clemente Pier with white water ocean, pier and coastline views as pictured below. The building has a rich history and was first built in the late 1970's. At that time the Villa Pacifica complex located to the south was not built and offered more of an open space and panoramic views. All of the 18 units in Sunset Shores are situated on the ocean front and have direct water views. This is a secure gated complex that offers underground parking for it's residents with a nice community pool, spa and clubhouse.
There are a total of four floors in this building with elevator access to all levels including the garage
…San Clemente Nixon White House For Sale
7,654 Views, 0 CommentsAll the buzz in San Clemente now is about the Nixon White House in San Clemente being offered for sale according to the Wall Street Journal. The home is being marketed for sale for $75 million dollars. The San Clemente landmark estate is owned by retired Allergen founder Gavin Hebert who has owned the property for over three decades has now decided to sell the 5.5 acre estate in San Clemente. The Nixon White House offers 15,000 square feet of living space which includes a guest house and guest quarters.
The estate is located in the Cotton Pointe Estates community in San Clemente, California. The gated community is located behind another guard gated entrance for extra security. The neighborhood originally was only home to the Nixon Estate and then
…