Rancho Santa Margarita, CA Real Estate News

By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Home Inventory - Absorption Rates April 28th, 2011 Inventory levels are a vital component of the local real estate market and monitoring the absorption rate (Learn More: Absorption Rate 101 - Why Inventory Levels Matter!) in RSM is useful for both buyers and sellers.  In simple terms... the higher the absorption rate the better the market is for buyers and conversely, the lower the absorption rate in a community the better the market is for sellers. It's All In The Details: Take a look at Rancho Santa Margarita absorption rates across various price ranges; it can be a very useful tool in determining if it is the right time for you to buy or sell based upon the price range you are considering listing your home at or buying in. Higher absorption rates are generally ...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Real Estate Market Report - March 2011 Sales Volume Rises 63%. The number of homes sold in Rancho Santa Margarita rose dramatically in March 2011 with the greatest increase in volume coming from the detached home segment of the market (49 sold in March vs. 21 sold in February).  RSM Average Sale Price Up 19% ! Overall (all homes sold) the average sales price rose a hefty 19% in March (from February) primarily due to the increased ratio of detached to attached homes sold. Although the average sale price rose from February to March the year to date average sale price (1/1/11 - 3/31/11) of $396,493 remains about 9% lower than the year to date average price from the same timeframe in 2010 (1/1/10 - 3/31/10). Inventory Levels Tightening. Although the number of homes ad...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita 4 Bedroom Homes - Bargain Buys! Can You Buy A Four Bedroom Detached Home For $450,000 Or Less In RSM? Well, the average sale price of a 4 or more bedroom detached home in Rancho Santa Margarita between 1,800 and 2,250 square feet has been $499,415 over the last three months (from 12/16/2010 to 3/15/2011).  Occasionally, though, it is possible to find a four bedroom home well below this average.  Homes in this category generally present the greatest potential for return on investment as they are nearly always in the highest demand by buyers in either "up" or "down" market conditions. Why Not Buy For 10% Or More Below The Average Sale Price? Saving $50,000 or more is possible. Given that the average sale price for a home like this in Rancho Santa Margarita has been ...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Real Market Report - February 2011   Set in the foothills of the Santa Ana Mountains, Rancho Santa Margarita is a vibrant city with the unique quality of an urban village. Although incorporated on January 1, 2000, making it one of California's youngest cities, it has a rich and intriguing history that dates back to the origins of the Golden State. During the late 1800s, the original ranch covered 230,000 acres, making it one of the largest in the Southwest. Today Rancho Santa Margarita is a bustling community providing residents with a wide variety of housing, employment, retail and entertainment options.   82 homes came on the market in Rancho Santa Margarita during February (The Latest  Listings Here). There were 284 homes for sale in Rancho Santa Margarita at t...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
This is the market update for homes sold from November 1st through the 30th, 2010, in Rancho Santa Margarita, CA 92688 and includes single family homes and condos: Number of Properties Sold: 49 Average Listed Price: $421,393 Average Sold Price: $417,171 Median Sold Price: $405,000 (The lowest priced home was $129,000 and the highest was $802,000) Average Days on Market: 121   For comparison, the following is the data for listings sold in October 2010 for the same demographic: Number of Properties Sold: 70 Average Listed Price: $383,102 Average Sold Price: $379,595 Median Sold Price: $393,500 (The lowest priced home was $97,000 and the highest was $875,000.) Average Days on Market: 95   When considering these data, remember that November has only 30 days and the Thanksgiving holiday may ...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Foreclosure Report - Find Rancho Santa Margarita Foreclosures Bank Owned (REO) inventory has grown steadily in 2010 in Rancho Santa Margarita.  Although the volume of Preforeclosure and Scheduled For Sale homes has declined in 2010 vs. 2009 levels the number of homes with a scheduled foreclosure date has begun to rise again with a 4.32% increase from September to October (up from 185 homes in September to 193 homes in October).  Much of the recent decrease in Preforeclosure homes (Notice of Default filed) can be attributed to the largely self-imposed foreclosure moratoriums by major servicers such as Bank of America, Chase and Wells Fargo.  Unfortunately once the "Robo-Signing" scandal issues have been resolved we will likely see an increase again in the Preforecl...
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By Stacey Smith, Your Orange County Beach Cities Realtor
(Keller Williams Realty)
Attention to ALL Orange County Agents!!!! I will be holding a Broker's Open today, Sunday November 7th, 2010 from 10am-2pm on 16 Wild Lilac Lane, Rancho Santa Margarita, CA. This house is adoreable! It is 4 bedroom, 2 1/2 bathroom, 1780 Sq.Ft. Ceiling fans in every room,  a decent sized backyard, an amazing view of the canyon, and only ONE neighbor, other side of the house gives you direct access to a walking trail that leads to O'neil Regional Park.  Please come by, bring your clients, give your feedback, or just come and introduce yourself, enjoy the appetizers and add your card to the drawing for a chance to win a cool prize. Look forward to seeing you there!    
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By Stacey Smith, Your Orange County Beach Cities Realtor
(Keller Williams Realty)
Attention all Orange County Agents!!! I will be hosting a brokers open on Sunday November 7th from 10am-4pm on 16 Wild Lilac Lane in Rancho Santa Margarita. This is a 4 bedroom 2 1/2 bathroom 1780 sq.ft. home in the Las Flores community. It is a very beautiful home with an amazing view and only one neighbor, and the other side of the house giving you direct access to a walking trail to O'neill Regional Park. Please bring any prospective buyers you may have or please just come and enjoy the refreshments and give your opinion on the property itself and what would help it move. Once again, The Time and Date: 10am-4pm Sunday November 7th, 2010 The Place: 16 Wild Lilac Lane (Las Flores)                Rancho Santa Margarita, CA. Refreshments will be served!! Please Come Join Us!!
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By Stacey Smith, Your Orange County Beach Cities Realtor
(Keller Williams Realty)
This is just a reminder: Open house this weekend at 16 Wild Lilac Lane, Rancho Santa Margarita, CA. 92688 MLS #K10102930 Saturday October 16th and Sunday October 17th from 10am-4pm     This beautiful cottage style home is going to be open to view this coming weekend. This home offers a large spacious floorplan with canyon views, and direct access to O'Neill Regional Park. With 1708 sq ft. 4 bedrooms and 2 1/2 bathrooms in a quiet neighborhood in the Las Flores area in the Avelino Community you will not want to pass this house up!
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By Stacey Smith, Your Orange County Beach Cities Realtor
(Keller Williams Realty)
Open house this weekend at 16 Wild Lilac Lane, Rancho Santa Margarita, CA. 92688 MLS #K10102930 Saturday October 16th and Sunday October 17th from 10am-4pm     This beautiful cottage style home is going to be open to view this coming weekend. This home offers a large spacious floorplan with canyon views, and direct access to O'Neill Regional Park. With 1708 sq ft. 4 bedrooms and 2 1/2 bathrooms in a quiet neighborhood in the Las Flores area in the Avelino Community you will not want to pass this house up!
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Real Estate - Short Sale Specialists We offer FREE short sale real estate services/counseling to Rancho Santa Margarita homeowners. Has the current state of the economy put you in a difficult financial situation?  We may have a solution for you.  We are short sale specialists that offer FREE counseling and short sale real estate services to home owners dealing with financial hardship in Rancho Santa Margarita.  If you owe more than the value of your home and are in a situation where you must sell, our local team of Brian Doubleday and Dave Gubler will utilize proven methods for obtaining a lower payoff in order to get the home sold at today's market value and protect you from deficiency judgments, promissory notes and seller contributions. 1. You do not always hav...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Anyone who has made a left turn from northbound Avenida Empresa onto westbound Santa Margarita Parkway during the rush hour(s) knows that it may take 3-4 cycles of the signal to finally make it through the intersection. The current dual left turn lanes can stack up 75-100 cars between Santa Margarita Pkwy and Aventura, while allowing about 20 vehicles at a time to turn left during the turn arrow. And at 5:00pm, who wants to sit through four or five red/green light cycles! Being the only way out of the commercial area of RSM, this intersection handles a high volume of traffic throughout the day but especially at the end of the work day. Finally, the city is working to alleviate the situation by adding a third left turn lane at the intersection theoretically allowing one-third more cars p...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
Rancho Santa Margarita Lakefront Homes - Rancho Santa Margarita Waterfront Real Estate                         The beautiful man-made lake is a central focus of recreation in Rancho Santa Margarita and provides residents with a swimming lagoon and beach club. Stroll around the pedestrian walkway on a path that is complete with a, shops, a grocery store, coffee houses, restaurants and more.   Find Rancho Santa Margarita Lakefront Homes For Sale     View Larger Map Not Interested In Lakefront/Waterfront Homes? Looking For A Home In Rancho Santa Margarita?All Rancho Santa Margarita, California homes for sale at IML Real Estate. We can help you buy a new home, house, townhouse, or condo in Rancho Santa Margarita. If you are buying or selling a house, IML Real Estate can guide you through th...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Rancho Santa Margarita Condos - Brisa Del Lago I Tract Being situated right on the shoreline of Rancho Santa Margarita Lake, the Brisa Del Lago 1 condos are among the most sought after units in the city. In these Mediterranean style condos, you will find single level and two story homes that range from about 900 sq. ft. to nearly 1200 sq. ft. with model of 1 bedroom plus a loft to 3 bedroom condos although these have the loft converted into a third bedroom. Stackable washer and dryer space has been allocated to maximize the usage of the interior space. Brisa Del Lago 1 Condos is a small complex of about 180 units but remains popular because of it's close proximity to the Mercado Del Lago (restaurants, shopping and services) and the lake with it's beach club, lagoon and recreation center...
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By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Rancho Santa Margarita Condos - Los Abanicos Tract Of all condos in Rancho Santa Margarita (RSM), those in the Los Abanicos tract have the distinction of being detached condos, similar in feel to single family residences (SFR). There are no common walls and each unit has its own side or back yard. There is a common driveway shared among 5 or 6 units. These condos are situated in a traffic-limited area with many units arranged on cul-de-sac streets.  You can choose from condos with 2, 3 or 4 bedroom models, each a 2 story home with all bedrooms upstairs and 2 car attached garages. Square footages for these Rancho Santa Margarita condos range from approximately 900 sq. ft. to almost 2,000 sq. ft. The market reflects that there are currently 16 Los Abanicos condos FOR SALE (Active, Back Up...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Villavante - Rancho Santa Margarita - Market Update This is a tract of homes that Tim Lorenz with Keller Williams Realty has worked in for over 7 years, as a specialist in the area; this home development will be reported on monthly so that you can get an accurate update and feeling of what is happening in this specific area of Rancho Santa Margarita, CA
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By Elite Home Sales Team, A Tenacious and Skilled Real Estate Team
(Elite Home Sales Team OC)
Tierra Linda - Rancho Santa Margarita - Market Report This is a tract of homes that Mark Paulson with Keller Williams Realty has worked in for over 7 years, as a specialist in the area; this home development will be reported on monthly so that you can get an accurate update and feeling of what is happening in this specific area of Rancho Santa Margarita, CA
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Real Estate Market Update in Tierra Linda; a Nice Rancho Santa Margarita Community This is a tract of homes that Tim Lorenz with Keller Williams Realty has worked in for over 7 years, as a specialist in the area; this home development will be reported on monthly so that you can get an accurate update and feeling of what is happening in this specific area of Rancho Santa Margarita, CA
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By Elite Home Sales Team, A Tenacious and Skilled Real Estate Team
(Elite Home Sales Team OC)
Rancho Santa Margarita Concert in the Park; A Summer Concert Series! The City of Rancho Santa Margarita and SAMLARC present four free concerts of fantastic musical performances. Concerts are on Sundays from 6:00-8:00 pm in Central Park in Civic Plaza. Bring your family, friends, blankets and chairs.  
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