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Yup, I'd bet good money that area will see more apartments.

It's all about price and presentation. I somehow sold an RSM listing for higher this month than I did one down the street in October. Yeah the market is normalizing (aka a neutral market) so the homes that are overpriced will sit.

Earlier this morning I listed a turnkey Hillside Plan 2 detached condo in Portola Springs on MLS. The home was built in 2021 and features 3 bedrooms and 2.5 bathrooms along with 2,087sf of living space and sits on a larger, private corner lot. The home is listed for sale at $1,938,000. PM or...

Yes, it as an all cash purchase via a pocket listing.

It was purchased for $4,359,000 on 7/24/24 with a $2,500,000 loan. Looks like a hefty loss plus the cost of the carry as the home has been vacant.

The broker co-op for Crestview is $40k.

Got word from escrow that we closed earlier this afternoon. The final sales price was $1,450,000 or $50,000 above the list price. Congrats to both the buyer and seller.

As mentioned above, the HOA does cover fire insurance for attached condos. Most all HOAs do not cover "walls-in" interior coverage but you'll want to get a copy of the master insurance policy to make sure.

Yeah my home is now is a high danger zone in Turtle Rock as is my Tustin Ranch home. I have insurance renewals coming up in June and July for both so I'm bracing for the worst. :(

We had 2 offers come in today.

Nationwide sent me a letter that I'll be cancelled on my Aliso Viejo rental. I was paying way under market at 850/year. I'm getting quotes for $2,200-$2,300/yr. This is for a 1,300sf detached condo.

Earlier this week I listed a turnkey single family home in the Melinda Heights community of Rancho Santa Margarita on MLS. The home was built in 1995 and features 5 upstairs bedrooms and 2.5 bathrooms along with an upstairs loft and has 2,193sf of living space on a private 5,100sf lot. I got...

The buyer is only responsible for property taxes from the date of purchasing going forward.

No way it closes for anything close to that price, it's way overpriced.

I would recommend staying away from attached condos as much as possible due to the insurance issues as HOAs are horrible in shopping for insurance. Detached condos always appreciate better than attached condos which is a function of having attached walls and higher HOAs. As such, Sunnyside is...

I have 2 words for you....HELL YES. I had a buyer submit an offer on that home 2 years at at $2.65m and would not go any higher on it so it sat for another 2 months before it sold. This house is worth around $3m +/-.

Owner better cut the price my more than $11k to get it sold. The longer it sits on the market the lower price they'll get and at this point they should be happy with $1.6m.

Got word from escrow that the transaction closed earlier this afternoon. The final recorded sales price was $3,380,000 however the actual sales price was $3,400,000 but the seller needed a 2.5 month rent back ($8k per month) so the buyer and seller agreed to reduce the sales price by $20,000 in...

I have a Taycan GTS Wagon.

All cash purchases too....very interesting. All I have to say is LAUNDERING.