Coto de Caza, CA Real Estate News

By Shannon Jones, Long Beach CA Real Estate
(The Shannon Jones Team)
The price has been reduced on this great home in prestigious Coto de Caza. Now offered at just $635,000, 29 Altimira is located in the Meritage area, convenient to golf and hiking trails. In addition to three bedrooms, it features a loft area, a family room, and a detached casita. To view a virtual tour of this home, visit www.ShowMeHome.com. If you'd like to schedule a private showing, give The Shannon Jones Team a call at 562-896-2456. This home is a short sale and all terms of the sale, including price are subject to lender approval. The Shannon Jones Team is experienced in short sales with a proven track record of success. Shannon has been certified as a CDPE (Certified Distressed Property Expert) and PSC (Pre-Foreclosure Specialist Certification).  
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By The Thoburn Group. OC Luxury Estates, REOs, Foreclosures, Short Sale Homes
(Harcourts TCG Realty, Orange County, Laguna Niguel)
Coto De Caza is a private 5000 acre, guard gated community with over 4000 homes and more than 18,000 residents.  It is the oldest planned community in Orange County, California and is laden with miles of winding trails, many sports fields, a private equestrian center and pristine parks.Coto De Caza is also the home of the Coto De Caza Golf and Racquet Club which is South Orange County's first private country club and features two 18 hole golf courses, a 44,000 sq. ft. club house, 10 tennis courts, 3 pools and a new 13,000 sq ft spa and sports club.There are currently 136 homes for sale in Coto De Caza ranging from $180,000 for a 2 bedroom condo to a nearly $11,000,000 6.4 acre estate that features a private guest house, 15 car garage, pond, pool with waterfalls and an outdoor studio/fit...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
I know the program housewives' of Orange county was and I believe is still a program on TV and two of them have their homes on the market for sale.  One of them is Vicki Gunvalson who's home is in Coto de Caza.  Even celebrates sell their homes.  This home has reduced in price by $300,000 since March of this year.  The current price on this home is 2.4 million and it is a short sale.  This one is a 5400 square foot home on one acre of land.  It has 5 bedrooms and 5.25 bathrooms with a view of the hills.  The yard is a resort style yard with palm trees and a pool and fire pit as well as an outdoor kitchen.  So when you are not sure if you should do a short sale and you feel embarrased remember it is happening to celebrates as well as thousands of people all over the country. If we can he...
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By Hadi Bahadori
(Home Smart Evergreen Realty)
Pre-Qualify for Best Deal in Coto De caza in Trabcuco Canyon, California 92769 with Hadi Bahadori, real estate expert at www.sellyourhousein21days.info or call 949-610-5720. This Best Deal in Coto De caza home features 5 Bedrooms with 5 Bathrooms. The front of this Best Deal in Coto De caza has a mountain views. The backyard of this Best Deal in Coto De caza offers more mountain views and has meticulous landscaping. 6 Slate Spg, Coto De Caza, California 92679 is located near the prestigous Ranch Santa Margarita Catholic High School. This Best Deal in Coto De caza sits on the end of a cul-de-sac . This beautiful Best Deal in Coto De caza is located in the award winning Saddleback Valley Unified School District. The elementary school is Wagon Wheel Elementary School. Las Flores Middle Sch...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
One of the Large homes in Coto de Caza (6500 sf) has come down in price over $5 million dollars.  Now that is a significant drop.  A little over 2 years ago the home was listed at more than $9 million dollars.  Now the home is listed at $3.99 million.  It is a short sale but that is more than one half the original price of the home.  There is a trustee sale scheduled for June 16, 2011.  So if someone wanted this deal they would half to move quickly.  The home features 6 bedrooms 5.75 baths built in 1993 on nearly a 6 acre lot.  It has horse stalls for mini horses and a pool.  It has a private library.  This is a great price on this property if the bank allows it to sell at that value.  I you are in the market for an estate property contact us.
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Yes, if you follow the Bravo TV show, The Real Housewives of Orange County one of them has her home on the market.  According to The Orange County Register this morning Vicki Gunvaison put her home on the market .  It was built in 1995 and is in Coto de Caza.  She had filed for divorce from her husband Donn last year. The asking price is $2.5 million for a 5 bedroom, 5.25 bath home of 5400 square feet.  Coto de Caza is a gated community in a hill and valley arangement.  This property sits on an acre of land.  The yard is to have had over $500,000 of resort style pool and palms.  The pool features a 5 seat swim-up bar.  If you followed the program you have seen this beautiful house and yard.
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By Terry Hunter, MS Economics
(Hunter-Broker)
In some cases... Yes!For example, I had a listing in Anaheim Hills, CA that my clients wanted to sell to buy their dream home in Newport Beach. A buyer from out of the area saw the Virtual Tour, and was interested. I judged him to be telling the truth in our conversations, and based on our conversations, he was clearly qualified, besides being interested in that particular home I had listed. Since there was about $2.7 million in sales involved (combining the sale of this home and the purchase of the home in Newport Beach), I offered to send him a ticket to come and see my listing whose Virtual Tour interested him. The cost was significantly less than a Sunday newspaper ad for the home (when newspaper ads were still effective). So, in my estimation, it would have been foolish NOT to sen...
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By Terry Hunter, MS Economics
(Hunter-Broker)
For most families, their home is their largest financial asset, and deciding to sell it is a big decision that involves a lot of preparation and work. When you're ready to sell it's important to have an experienced real estate professional handle the details involved in the successful sale of a home. Hunter-Broker sells virtually 100% of our clients' homes for top-dollar, quickly, and with no hassles.
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By Terry Hunter, MS Economics
(Hunter-Broker)
In the USA, most of us have ALL “won the lottery”, BIG TIME, relatively speaking, despite the current financial and market turbulence, along with its attendant unemployment.  

               As Thanksgiving approaches, I am reminded how very fortunate most of us living in America truly are. For us, the Rolling Stones’ song lyrics of “…life has its problems, and I get my share…” mean something very different for Americans than it does for most of the other 6 billion people on the planet.Most of us have never known world-wide warfare like World War I or II, nor have we been subject to general lawlessness and all-out war on our own soil. My father’s recollections of the Korean War, where he saw people drown in the pursuit of rotten beans being disposed of at sea, my own travels in souther...
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By Terry Hunter, MS Economics
(Hunter-Broker)
The market fall-back to more affordable levels has allowed another of my clients to get her dream property.She is an attorney nearing retirement, and like other "baby-boomers" has longed to get closer to the land, so to speak, in her retirement. Specifically, she wanted a big lot for a modest new home and a HUGE organic garden.  Views optional, but very desirable.She had been looking for the right property for some time when one of her attorney friends told her about working with me to get a terrific buy in Laguna Beach after only a week of looking.When she heard that we had been able to negotiate $150,000 off  an already-market-priced ocean view home for her  friend, she decided that we were the ones to get her dream for her, too.We set up her own Personal HomeSearch Website, and had b...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwide. June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon. The states with the highest foreclosures per capita were: Nevada : 1 foreclosure filing per 88 homes Florida : 1 foreclosure filing per 171 homes Arizona : 1 foreclosure filing per 189 homes The states with the lowest foreclosures per capita were: Vermont : 1 foreclosu...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
The supply of newly-built homes for sales plummeted in April, a positive indicator for the South Orange County housing market as we head into the summer months. It's no wonder that homebuilders are breaking new ground at the fastest clip in 2 years.  At the current sales pace, the nation's complete supply of new homes would be sold in just 5 month's time.  That's more than double the pace of a year ago. Also, as more good news, in terms of total housing units, the government reports that New Home Sales topped one half-million homes sold for the first time since May 2008. It's a similar spike as within the Existing Home Sales data released earlier this week. But before we declare the housing market "repaired in full", we have to consider a few of the reasons why home sales are charting s...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They're at levels not seen in 50 years.  For homeowners that missed the Refi Boom of November 2009, it's a second chance. In this well-presented, 3-minute video from NBC's The Today Show, you'll get tips getting low rates and choosing the best time to lock in. Some of the topics covered include: Why were the experts wrong about rates moving higher this summer? How much money can you save with a 1 point drop in your interest rate? Should you buy a bigger home now that rates have fallen? The advice in the piece is matter-of-fact and centered.  There is no cheerleading and the message is honest. Mortgage rates are low and they likely won't stay that way.  If you've been thinking about ...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
Sales of existing homes rose in April, buoyed by an expiring home buyer tax credit and exceptionally low mortgage rates. As compared to March, April's Existing Home Sales rose by 410,000 units nationwide -- the second straight month of large gains. An "existing home" is a home resold by a prior owner (i.e. not new construction). It's a solid report for housing overall, with rising sales suggesting that the real estate market's recovery is ongoing. However, the data presented a mixed message. According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them. After adding another 0.3 months of supply in April, resale home supply is ne...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
While the demand for mortgage loans to purchase a new home has declined following the expiration of the home buyer tax credit, mortgage applications overall, increased last week as home owners looked to refinance. Mortgage rates have reached their lowest levels since March and many homeowners are looking to refinance their mortgage loans. While falling home prices have reduced the popularity of refinancing to tap into home equity, low mortgage rates have drawn the attention of borrowers looking to reduce their interest payments. The Mortgage Bankers Association reported an increase in the number of applications for mortgage loans. The first week of May saw just under a 4 percent jump in applications from the previous week. With U.S. fixed rate mortgages hovering close to 5 percent, many...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
DataQuick’s homebuying stats for April are out, and they show a real estate market still on the mend with sales of all residences of 2,669 — that’s up 11.60% in a year and the best April in 3 years. Median selling price was $430,000 — up 13.2% in a year. Also … Slice Price Yr. ago Sales Yr. ago Houses $505,000 +17.4% 1,704 +9.7% Condos $299,000 +16.6% 877 +18.7% New $629,500 +32.8% 88 -11.1% All O.C. $430,000 +13.2% 2,669 +11.6% $430,000 median selling price that is still 33% below June 2007’s peak of $645,000. The most recent median is 16% above the cyclical low hit in January 2009 at $370,000 — a current bottom that was -43% below the peak. Prices fell on a year-over-year basis from Sept. 2007 through August. (Worst at -31.5% in August 2008.) Single-family homes resell for 31% less th...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
    ForeclosureRadar: Cancellations up 174% year-over-year Foreclosure cancellations in California skyrocketed 174 percent year-over-year in April, according to a report by foreclosure data company ForeclosureRadar. At the same time, foreclosure filings in the Golden State fell month-to-month for the first time since January. Notices of default fell 41.2 percent year-over-year and 16 percent month-to-month, while notices of trustee sale were down 3.1 percent year-over-year and 10.3 percent month-to-month. Cancellations jumped 11.4 percent month-to-month and 174.4 percent since April 2009. “The steady rise in cancellations leads us to believe that loan modifications and short sales are gaining traction,” said Sean O’Toole, founder and CEO of ForeclosureRadar.com, in a statement. “I’d cau...
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By OC Bank Owned Homes Specialist Realtors in Orange County CA
(Keller Williams Realty REO Experts)
Coto de Caza has a few ( three as of this post: 2 active and 1 pending) COTO DE CAZA BANK OWNED FORECLOSURES. Sign up to see them now!           Fill out my Wufoo form! COTO DE CAZA FORECLOSURES COTO DE CAZA BANK REPOS COTO DE CAZA LUXURY HOMES COTO DE CAZA BANK OWNED HOMES COTO DE CAZA REAL ESTATE FOR SALE
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
  On the first Friday of every month, the U.S. government releases its Non-Farm Payrolls report.  More commonly called "the jobs report", Non-Farm Payrolls is a major market mover. The number of working Americans is directly tied to the health of the economy which, in turn, drives the stock and bond markets. In general, when jobs numbers improve, it's good for stocks and bad for mortgage bonds. It follows, therefore, that conforming mortgage rates in California rise because rates always move opposite of mortgage bond prices. Conversely, when jobs numbers worsen, it tends to be bad for stocks and good for mortgage bonds.  Mortgage rates fall. Today, markets are behaving a bit differently. Despite 290,000 jobs created in April 2010 -- nearly twice the expected amount -- and a 40 percent u...
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By Bob Phillips, CDPE, SFR, South Orange Co., CA
(Realty ONE Group)
There is an interesting phenomenon going on, even while doom & gloom bloggers predict gigantic Tsunami's of foreclosures heading our way. The following is excerpted from an article out of Texas this week. "Every week, new home sellers are hitting the market, basing their initial asking prices on recent contracts, sales, and other active listings, and influencing active market prices.  And what does this have to do with foreclosures?  It provides a glimpse into housing market psychology. Homeowner Henry down in Texas is underwater in his mortgage, or at a minimum, feels some personal economic strain.  He's trying to determine if he's in a walk-away situation or not, with his decision metrics at least partially based on his local housing market conditions.  As Henry starts to see active h...
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