San Clemente Short Sale Agent

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 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

Shorecliffs area in north San Clemente is a great place to find ocean view homes in San Clemente.  In the last year many ocean view homes have come on the market in the mid $500,000 to $600,000 range.  The homes in this area were first built in the 1960's as single level homes.  Throughout the years there has been a modest mixture of two story homes in the neighborhood but for the most part the majority of homes are one level.  These are smaller beach homes that average under 2,000 square feet with some large homes that range up to 3,000 square feet of living space.  Home buyers who have a budget up to $600,000 and looking for a view property should seriously consider this community.

As a general disclosure it's important to understand that some of

The market is on the upswing in the Ocean Hills community as a recent sale of a 2 bedroom condo that sold for $600,000 after being on the market for 4 days. This is a dramatic change from what we saw last summer when homes prices dipped down in the low $300,000 range. I personally represented the buyer in Ocean Hills home at 724 Calle Casita that sold as a short sale for $315,000 in September of 2012. Since then inventory of homes dropped significantly until the property at 3709 Calle La Quinta came on the market and sold in 4 short days for $1,000 above the $599,000 asking price. The home was a highly upgraded residence that resembled a $2 million dollar home with extensive use of Travertine and Granite in the Kitchen and Baths. The renovation continued

There is a a huge construction boom happening in the ocean front community called "Capistrano Shores."  The community was well established as a mobile home park for many years.  The homes were on lease land with the average monthly cost to lease that land was around $2,500 a month.  In 2008, all of this changed.  The 90 residents within the Capistrano Shores community bought the land for an estimated $100 million dollars which instantly caused the real estate values to jump from an average $750,000 mobile home to now nearly $2 million dollars.

What is happening in the community is a construction boom where old existing mobile homes are being torn down and replaced with large two story residences.  The homes are keeping their original foot print of the

The Cazadero community in the Talega area of San Clemente is one of the unexpected places to find ocean view properties for sale.  The community is a favorite for Talega home buyers due to it's large floor-plans and square footage's that reach over 4,000 square feet.   Homes located on the front row have nice views of the valley and ocean and typically are priced well above the $1 million dollar price point.  The homes also are located on large lots and often feature outdoor entertainment area with private pools, spa's and BBQ areas.  Most of the homes in the community will feature four bedrooms with unique features like hardwood floors and gourmet kitchens.  The community is included in all of the Talega amenities which include several community pools

We get a lot of requests for buyers looking for ocean view condos here in San Clemente.  In San Clemente, you will find a high concentration of condos located in the immediate area right around the San Clemente Pier with condos starting around the $800,000 range.  For those not familiar with San Clemente should note that you will find some great ocean view condo buildings located just north of the Pier.  Prices will vary a lot depending on the size and the view of the condo so here are some quick tips on where to look.

One of my favorite view streets in San Clemente is the street called "Buena Vista."  One of my first real estate sales over a decade ago was an oceanfront condo located on this street.  The views are really incredible and depending where

The Catania gated community in Talega is not one of the well known neighborhoods in San Clemente.  The community is located at the very end of Talega tucked away in a quiet area that has restricted access to non-residents due to it's gated entrance.  I truly believe this is one of Talega's best kept secret since the floor plans are some of the best to be found in the Talega. 

The community is split into two different sections, one located on the west side of the street "Avenida Talega" and have incredible ocean views.  I would venture to say these are the best ocean views you can find in Talega for under $1 million dollars.  The homes on the west side will have less of a view are are located on three quiet streets.  The model homes were actually located

For those who have been following the market in San Clemente for the last year you are well aware of the shortage of inventory in the last year.  Starting in mid-summer the San Clemente Real Estate market saw a drastic decrease in the number of homes coming on the market.  One of the areas most hit was the Southwest San Clemente area for homes under $1,000,000.  As a lot of buyers quickly realized that the bottom of the market has been passed and homes were starting to increase in price was the time these buyers wanted to get back into the market.  The sweet spot for a lot of buyers is under the $1,000,000 price point.  Early in the year we saw several homes sell in the low $500,000 range which gave encouragement for those who have been wanting to live in

A San Clemente short sale listing has just been sold by San Clemente short sale agent Sam Smith who represented the buyers.  The short sale was located in the Ocean Hills community and featured 3 bedrooms with an ocean view for the incredible price of $315,000!  The Ocean Hills community is located next to Sea Pointe Estates gated community on the north side of town which is located across the street from Trader Joe's and the Ralph's Shopping center.  The community has several community pools and a small golf course to practice your golfing.  Short sales have become the very best way to buy distressed properties at low prices.  This short sale did take approximately 3 months to get short sale approval but the end result was a great deal for Sam's buyers

A Southwest San Clemente home has just sold for $582,500 by San Clemente Real Estate agent Sam Smith who represented the seller. The Southwest San Clemente market has seen record low inventory as home prices under $800,000 have overnight disappeared for the most part. The demand from buyers now looking for homes in the Southwest area between $500,000 to $800,000 has sharply increased. The home located at 110 Avenida De Los Lobos Marinos was one of the remaining properties in the $500,000 range. If you are looking for homes under $800,000 then make sure to contact Sam Smith as many of these homes are privately being sold. A good example of this is an ocean view property in Southwest San Clemente that was located at 123 Calle Del Pacifico which just on

Glen Ridge Estates and the Forster Ranch area are the best kept secrets for finding homes with large lots.  Often times our clients will ask us for homes with pools or homes with pool size lots for under $700,000 and we immediately educate them on select communities in the Forster Ranch area.  If you are not familiar with the San Clemente marketplace then let us educated you here.  Forster Ranch is located on the east side of the freeway in San Clemente.  Basically, the 5 freeway cuts right through the middle of San Clemente and is the natural divider between homes located on the west side of the freeway near the beach and homes located on the east side where you will find panoramic ocean view homes up in the hills. 

One of the areas on the east side is

A Forster Highlands San Clemente home listed by San Clemente Real Estate agent Sam Smith has gone into escrow.  5917 Camino Rocoso is located in the Ashton community in Forster Ranch and was listed for $550,000.  This single level home had a huge interest upon being placed on the market and received 8 multiple offers.  The property featured 4 large bedrooms with a nice open floor plan.  The home as located on a quiet cul-da-sac street with a large front and backyard.  The housing inventory in San Clemente is extremely low and there are many buyers looking for homes under $550,000.  Forster Ranch is one of the best places to find homes in this price range as properties tend to be less expensive than other parts of the city.  First time home buyers and real

Surfers looking to live next to the Trestles surf break in San Clemente should look no further than the Cyprus Shore gated community. In fact, you will find four gated communities located right next to each other that share the same private access to the beach. The communities consist of Cyprus Shore, Cypurs Cove, The Breakers and Cotton Point Estates. Each of the communities have different price range and style of homes.

If price is no object then you will want to live in Cottons Point community. Home prices are typically well above 5 million dollars and is the closest community to the Trestles Surf Break. Cyprus Shore is located next to the Cotton Point Estates community and features oceanfront and ocean view homes. If you are one of the lucky ones

Finding a home in today's market can be tough when faced with the record low inventory of homes in the San Clemente Real Estate market.  One of the best deals in the current marketplace are "short sales" as bank owned and foreclosures properties have almost disappeared from our market.  Short Sales are considered distressed sales but have many significant differences than a foreclosure property.  The main difference is time.  If are willing to be patient and have time to wait for a bank to make a decision on a short sale then they may be the perfect vehicle for you in finding your dream home. 

A new short sale listing has come on the market in the "Reserve South" community in San Clemente.  For those not familiar with San Clemente, the "Reserves" is a

A San Clemente short sale has just gone in escrow by San Clemente Real Estate agent Sam Smith who represents the buyer in this short sale transaction. 724 Calle Casita is located in the Ocean Hills golf community in San Clemente, California. These town-homes are widely popular due to their prime location on the north side of town near Trader Joe's, San Clemente Krikorian Theater and the San Clemente Hospital. From this location you have easy access to the 5 freeway and just minutes to the beach. The townhouses at 724 Calle Casita 3 bedroom condo with wonderful ocean view that was listed for the amazing price of $315,000. The condos at Ocean Hills are split level where you have your entertainment spaces up above and bedrooms located below. Upstairs

The San Clemente Southwest area is a great place to live and is located in the west side of the freeway in the south west section of San Clemente, California.  San Clemente Real Estate agent Sam Smith has just put in escrow a three bedroom home located in the Southwest area that was listed for $599,000.  It was only last year in 2011 when homes in the $500,000 could be find in this sought after community but things have changed quickly in recent months.  With the shortage of homes on the market and demand of buyers wanting to buy has caused home prices to start to climb back up. 

Since the sale of 110 W Avenida Del Los Lobos Marinos then next lowest price home is currently listed just under $900,000.  The mid range of $700 to $800,000 homes has quickly

The Reserves is one of the most exciting communities that has been built in the last 10 years in San Clemente.  Known as one of the best family neighborhoods, the Reserves are located in the Forster Ranch area of San Clemente where four separate communities have been built.  All four of these communities are located behind electric gates which offers an extra layer of security when living in the Reserves.  The communities are simply known as the Reserve West, Reserve East, Reserve North and Reserve South.  If you are looking for a gated community under $800,000 with ocean views then the Reserves are a great place to start.  The homes were built around 2004 and built in the Spanish, Mediterranean and Arts and Crafts styles.  Homes sizes, views and prices

Let's face it, we are all getting older!  As the older we get the more a single level home makes more sense.  For starters, you get to enjoy all the amenities and rooms on the home on one level.  This provides a nice flow to the home as everything is accessible quickly.  Also, avoiding the many steps to a second level home is crucial as you get older and find it hard to get up and down steps.  A lot of home buyers are specially seeking out neighborhoods and homes where you can find one story single level homes for sale.  With over 40 communities in Talega finding the right communities is the first step in narrowing down your search.  If you prefer to live in a senior 55+ community then the gated community of the Talega Gallery is an obvious choice.  The

San Clemente is small little beach town in Orange County, Ca that has seen tremendous growth in the last 10 to 15 years.  One of the biggest changes is the development of the Talega area.  Talega is home to over 40 communities and 3,000+ homes with a wide variety of architectural styles and models.  There is a little bit of something for everyone from small starter 2 bedrooms condos in the $250,000 range to larger luxury estate ocean view homes in the $1.5 plus range.  With the downturn in the real estate market, the Talega homes have really seen a drop in real estate prices in the last 5 years.  As a result you will find more motivated sellers who are willing to sell their home creatively and use different techniques to get their home sold.  One of these