Posts tagged: should I buy a house now

Which Way is Laguna Beach Real Estate Headed?

Let me begin by offering a quick word to the wise – unless you’re a buyer who’s head over heels in love with a particular Laguna Beach home, it’s definitely a very good idea to wait before you buy a property. Any property.  Not forever.  Just a little bit longer. Hmmm, you’re thinking. Realtor tells [...]

One-Third of Homes for Sale in Foreclosure-What Does that mean for Laguna Beach Homes?

If you are like many home buyers looking at homes for sale in Laguna Beach, you may be interested in some of the REO or short sale properties for sale. In recent national reports, about 1/3 of home sales had prices motivated by Lender-sellers. How will this affect the rest of home sale in 2010? Are we at the bottom of the Laguna Beach Homes market or is there room for more decreases in price?

Laguna Beach Homes Fall to Less than $1 Million

Who would have believed that prices for a quality Home for Sale in Laguna Beach could be found at less than $1 Million. This is the area made famous by its arts community, enjoyable climate, palatable restaurants, and of course the TV teen drama! Are prices heading in a direction where you can slip in and enjoy the Laguna Beach lifestyle? Keep a watch and check out these homes that have dropped in price several hundred thousands of dollars…

Will Mortgage Rates Rise when the Feds Scale Back their Assistance Efforts?

If you are looking at Laguna Beach Homes or the Orange County Real Estate Market, many are asking, “Will mortgage interest rates rise once the Federal Reserve ends their debt purchase program on April Fool’s Day?” Discover if the combination of low interest rates, low home prices, government and lender institute incentives combine to make now the best time for a first time homebuyer or existing homeowner to purchase a new home. Is now the best time to buy a home?

Actress Halle Berry and Laguna Beach Real Estate Opportunities

A quick note about celebrities and real estate. It was recently reported that actress Halle Berry listed her Beverly Hills home for $5 million. There is no story of woe in this selling…just possibly an example of a smart business decision. Note that Berry purchased the home in 2001 for $2,275,000 and is now selling [...]

Good News for First Time Homebuyers – Orange County is now more affordable!

According to the California Association of Realtors, the First-time Buyers Housing Affordability Index for California stood at 67 percent in the second quarter of 2009 compared with 49 percent (revised) in the second quarter of 2008. For California condos, that number is 70 percent. For the County of Orange, it is 53 percent. So what [...]

Should You Buy a House Now or Wait?

Hey there! It’s the end of another great week here in beautiful Laguna Beach!  It seems that I continue to get the same question from my clients and friends, and that is: Should I Buy a House Now or Wait?  While I don’t claim to hold a crystal ball, and cannot see the future of [...]