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Hang on to your hats because 16 Archipelago just sold for $3,650,000.  16 Archipelago is a 5000 square foot, 5 bedroom home with a pool and breathtaking coastline views.  20 Timor Sea is a 5000 square foot, 4 bedroom home with a pool and breathtaking coastline views.  You can look at the...

This is from my blog - all the info is here, but there are links that work on my blog if you want to see the home. 1302 Skyline, a very high end french country farmhouse style mansion, sold in September for about $3,675,000.  The home features 4 bedrooms and 4000 square feet of highly upgraded...

The sales numbers from Dataquick show staggering losses for buyers who purchased in 2009 in Corona Del Mar, Laguna Beach, and Newport Coast.  Laguna Beach:  $186,000 loss in the last 12 months, which is about a $15,500 loss PER MONTH. Corona Del Mar:  $500,000 loss in the last 12 months...

From  my Bluemove blog: Lets say you just bought a nice home on 20 Timor Sea in Crystal Cove in July 2010 for about $5,500,000. So far, so good, if you can afford to buy at that price. But read on and you'll discover how to lose over $400,000. Per month. Anyhow, back to our history. July...

If the Bush tax cuts expire in December, the capital gains tax rate could increase 33% to 20% from the present 15% tax rate.  Will high end sellers lower listing prices and rush to sell in November and December in order to save on their capital gains taxes? 

5 Shoreline, a 7000+ square foot mansion on the ocean side of PCH, just sold for $3,195,000.  That's $435 per square foot.  This home is on the ocean side of PCH and on the Pelican Hill Golf Course.  Just south on PCH there are plenty of Crystal Cove home listings for homes on the inland side of...

Just trying to give everyone some armor. I've posted it all below, but there may be some comments on my blog at bluemove.blogspot.com. Below is real advice from a real estate agent on why it is a good time to buy. And I'm of course providing the reality as to why this is complete BS.  If you...

Looks like South OC's blog is dead - no postings in months. Anyone know what happened to this otherwise helpful blog?

The board is simply too hard for many people to find. So the people who participate slowly fade away and there is not enough new blood joining the conversation.......

"Coastal Expert" real estate agent Hillary Caston has been flamed on the ocreader discussion board over her latest article that discusses a huge new government effort to rescue the OC real estate market. Even more, Bluemove's crack team has discovered that she's in a video trying to sell houses...

52 Sidney Bay Price Analysis - Makes sense to Rent, not to Own I have completed a rent versus buy analysis on 52 Sidney Bay Drive in Crystal Cove. Listed for sale at $2,895,000, this home recently rented for $6,000 per month. The result? Renting wins hands down, costing $5,103 per month. Buying...

A lot of OC sales happen in the summer when kids are out of school.  This market trend may make for downward pricing pressure through the end of the year.  I must say though, I do not follow Irvine very closely.

A recent analysis by CNNMoney.com shows that a double dip in housing prices is coming.  Existing home sales sank 27.2% in July, twice as much as analysts expected. This is the lowest level since 1995.  The cnnmoney link is on my blog at www.bluemove.blogspot.com.

I'll say it now.  The new American dream at present is renting.  And there is nothing wrong with that!  This is driven by the high cost of owning.  In the high end, why in the world would anyone buy when they can rent a high end home for close to half the cost of owning.  Not everyone can...

Not a good sign for the real estate market in Laguna Beach. The number of home sales in Laguna Beach is down 19.4% for the 22 business days ending July 21 based on DataQuick?s freshest stats.  Normally, sales pick up in the summer.  Not this summer.  And a long winter is around the corner. Link...

The OC Register confirms that sellers have flooded the OC home market with homes that are priced unrealistically high.  This is especially true in the high end (asking prices over $1,000,000). Seehttp://lansner.ocregister.com/2010/07/12/unrealistic-sellers-flood-o-c-home-market/72311/ Buyers...

Thoughts on what this means? It is a new low. Where's it going? what does this mean for the high end?

Uhhh, Test, are you the Santa Ana renter? I'm sipping a beer looking at the ocean right now.  I think I'll take a walk on the beach tomorrow. Yes, I know the neighborhood. Well.

As shown inhttp://www.bluemove.blogspot.com,it looks dicey for a recent purchaser in the Top of the World neighborhood in Laguna Beach.  Study those Laguna Beach home sale prices carefully before you buy folks!!!!!!!!!!!!!!!!

It would sell quickly for $1.9 million. For sure.