San Clemente Real Estate and Lifestyle Blog
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San Clemente Real Estate: Market Performance August 2008 vs August 2007
Posted on September 10, 2008 by Matt.
For the month of August 2008, San Clemente real estate price declines have slowed, sales have picked up, and less inventory came on the market providing some hope that the bottom could be in sight. San Clemente real estate average sales price for August 2008 was $897,253 compared to $998,904 last August, representing a decrease of $101,651 or 10.18%. The month-over-month decrease from July to August is 0.82% or an annual figure of 9.84%, which indicates a slight improvement for prices not falling as quickly. Year-to-date, the average sales price as a percent of the original lis... Read More »
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What Mortgage Giants Bailout Means for the San Clemente Real Estate Market
Posted on September 09, 2008 by Matt.
On Sunday, the government announced the bailout Fannie Mae and Freddie Mac due to these mortgage giants having serious liquidity issues. The national housing market was at risk since these two entities back nearly half of all mortgages in the U.S. But what does this mean for San Clemente real estate and the cost of borrowing? The Good News: The bailout is crucial to turning the corner on falling prices for San Clemente homes and condos for sale. The availability of mortgage financing and getting approved over the last year has been extremely difficult, meaning fewer individ... Read More »
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Internet Marketing and Agent Professionalism Key to Buyer and Seller Satisfaction
Posted on September 08, 2008 by Matt.
In a recent study conducted by J.D. Power and Associates to determine the real estate companies that rank highest amongst buyers and sellers in customer satisfaction, a couple of very interesting trends were highlighted. As has become the norm over the past couple of years, a large proportion of buyers and sellers began their real estate process online; 68% of buyers used Internet tools throughout their real estate purchase process, and 61% of sellers primarily used a website listing to market their homes while crediting online methods as the most important aspect of marketing their homes t... Read More »
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San Clemente Foreclosures & Short-Sales Analysis
Posted on September 05, 2008 by Matt.
Currently there are 105 short-sale and foreclosure properties on the market for San Clemente real estate, or approximately 15% of the current homes listed for sale are of this distressed nature. Please note this number does not include all the deliquency notices that lenders have filed with the county court for San Clemente homeowners who have fallen behind on their monthly payments and may be in a short-sale or foreclosure situation soon.  Below you will find a more in depth analysis of the San Clemente foreclosure and short-sale real estate as well as the areas in which it is most ... Read More »
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Update on New Talega Homes for Sale
Posted on September 04, 2008 by Matt.
 At San Clemente Coastal Living, we wanted to bring attention to the new Talega real estate still available for sale as the community is nearing completion. If you happen to be interested in any of these new Talega communities, please contact us as we will be happy to give you a tour of the Talega real estate market and the homes available for sale. Buyers should keep in mind many of these builders are offering incentives to buy a new home in Talega, and therefore, these homes may represent some of the best deals in the Talega and San Clemente real estate market. Below are th... Read More »
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San Clemente City Council Nominees Share Their Views
Posted on September 03, 2008 by Matt.
With 63 days left until Election Day on November 4, residents of San Clemente must make their final decisions on which two candidates they will elect to the San Clemente City Council along with a City Treasurer and City Clerk. In Monday's Orange County Register article, each candidate offers a brief summary of their positions and what they will do as City Council members. At San Clemente Coastal Living, the welfare and vitality of the community is very important to us, so we hope that San Clemente residents will take the time to educate themselves on the different candidates so that we ma... Read More »
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OC Tavern Provides Good Food, Fun Atmosphere and a Great View
Posted on August 27, 2008 by Matt.
At San Clemente Coastal Living, we specialize in San Clemente real estate, but we also have a deep fondness for the community of San Clemente. We chose to work exclusively in the San Clemente real estate market because it is such a unique coastal city, and we want our clients to understand everything San Clemente has to offer before deciding on a real estate purchase. With that in mind, we will periodically post reviews of San Clemente businesses, be it restaurants, coffee shops, beaches, etc. For the first in this series, I wanted to write about one of my favorite joints in San Clemente: OC ... Read More »
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San Clemente Real Estate Foreclosures & Short-Sales Now Available On Our Website
Posted on August 26, 2008 by Matt.
Due to recent requests from current and past San Clemente real estate clients, we have added a foreclosure and short-sale section on our website under Real Estate. This page includes all the current foreclosures and short-sales currently available in the San Clemente real estate market. In addition, you now have the opportunity to search foreclosures and short-sales through our property search engine at the top of our website. This will enable you to search San Clemente real estate foreclosures and short-sales by price, bedrooms, bathrooms, neighborhoods, etc. Please keep in mindÂ... Read More »
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Buyers Reappear, Push O.C Home Sales to First Increase in Almost 3 Years
Posted on August 22, 2008 by Matt.
The OC Register has reported some excellent news for real estate sellers in Orange County. According to this article, Orange County home sales in July increased by 17% from last year, the first increase since September 2005 (a 33-month span). The numbers also show a 45% increase from last month. It seems that buyers are finally recognizing the great values to be had in the current real estate market and are making the decision to move ahead with a purchase. Besides bargain prices, the change in consumer confidence in buying real estate can be attributed to the passing of the Housing B... Read More »
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New Visitor Center at San Clemente State Park
Posted on August 19, 2008 by Matt.
San Clemente State Park, located in Southeast San Clemente, has recently upgraded its visitor's center providing a much better glimpse of San Clemente's history according to this article in the Orange County Register.  Visitors and locals, both adults and children, can learn more about the surfing, wildlife, American Indians, and other aspects of the state park and San Clemente. For those unfamiliar with San Clemente state park, it is located just south of downtown San Clemente on the coastal side of Interstate 5 off the Calafia exit. The state park has campsites with beach access t... Read More »