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    Upset Buyer - Avoid First American Home Buyers Protection Home Warranty

    Anyone have any ideas?  Wishing now that a valued buyer would have just taken a $1250 credit instead of buying a "top of the line" home warranty from First American Home Buyers Protection Corporation.  Oven stopped working - a Thermador Professional that probably is expensive to fix.  Guess...
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    More Buyer's Remorse in Crystal Cove

    Mistakes can be made in the high end.  I've cut and pasted it below, but the links and the photo are on my blog at www.bluemove.blogspot.com. More Buyer's Remorse in Crystal Cove The real estate market picked up during the summer, not really much in price appreciation, but in the number of...
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    Crystal Cold

    From the BlueMove blog: http://www.bluemove.blogspot.com/2012/07/cyrstal-cold.html Crystal Cove?  More like Crystal Cold.  What do you mean, you ask?  Simple.  The geography of Crystal Cove - a hillside close to the ocean -  results in a microclimate of cold temperatures and sometimes fog.  In...
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    South Laguna Comp Check - 2 South Portola - 37% off Orginal List

    There are pictures and working links on the Bluemove blog - here's the text: South Laguna is far off the beaten path.  It is thankfully free of tourists compared to the rest of Laguna Beach, but for those of us who work, the drive takes almost as long as traveling from the office to San...
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    Home Robberies Shock Crystal Cove Residents

    Story breaks first on the bluemove blog!       The relative calm of Crystal Cove was shattered recently by two bold home robberies. You know those imposing gates and guard shacks that drive the association dues toward $700 per month in Crystal Cove?  Apparently, these amenities are of limited...
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    OC Register - California Home Prices Continue to Fall in January

    California home prices fell in January on a year-over-year basis for the fourth consecutive month, according to real estate tracker CoreLogic?s math.  Certainly looks like we are firmly in a housing double dip.  Buying a house now is buying a depreciating asset - one that loses money every...
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    Coldwell Banker Quietly Closes Laguna Beach Office

    Coldwell Banker quietly closed its Laguna Beach Office on North PCH.  This reflects the Laguna Beach home market, which is sinking as well.....Buying a high end home in Laguna Beach is buying something that will lose value, month in and month out for the foreseeable future.  A pic is on my...
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    Crystal Cove Home Prices Down 20% Since Last Summer

    There are active links and photos on my blog at www.bluemove.blogspot.com.  Here's the rest: 28 Cruisers Bluff sold in June 2010 for $5,195,000.  And its value today? - Recent comps show a sagging market that has crushed the value of this home.  When someone loses a million dollars in home...
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    Forecast: Calif. home prices to drop 9.9%

    The OC register reports http://lansner.ocregister.com/2010/11/24/forecast-calif-home-prices-to-drop-9-9/88926/ - Real estate trackers from FiServ and Moody?s Economy.com forecast that California home prices will fall 9.9% in the year ending in June 2011 ? fourth biggest drop across the...
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    Recent Sales Weigh on 26 Cruisers Bluff and Indicate Crystal Cove Home Values

    Live links and a photo are on my blog, but here is the rest: 26 Cruisers Bluff, for sale at $5,300,000, is a White Sails model built by Taylor Woodrow in 2004.  It has 4 bedrooms and is about 5000 square feet and has very nice ocean views.  On a per square foot basis, it is priced at $1060 and...
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    After 3 years, Laguna Beach Mansion Sells for 2003 Price

    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...
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    September DataQuick Numbers Show Huge Losses for Recent Buyers

    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...
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    Buyers Remorse Part III - Another Recent Crystal Cove Buyer Burned

    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...
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    Will Prospect of Increase in Capital Gains Taxes Bring Selling Pressure?

    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? 
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    5 Shoreline Sale Casts Doubt on Crystal Cove Home Values

    5 Shoreline, a 7000+ square foot mansion on the ocean side of PCH, just sold for $3,195,000.  That's $435 per square foot.  This home is on the ocean side of PCH and on the Pelican Hill Golf Course.  Just south on PCH there are plenty of Crystal Cove home listings for homes on the inland side of...
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    A Buyer's 10 Second Guide to Bull$hit You May Hear From A Real Estate Agent (Par

    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...
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    What Happened to SouthOC Real Estate Tracker?

    Looks like South OC's blog is dead - no postings in months. Anyone know what happened to this otherwise helpful blog?
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    "Coastal Expert" Real Estate Agent Flamed on Local Discussion Board

    "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...
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    More Evidence That Leasing Beats Owning as OC High End Slowly Deflates

    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...
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    Double Dip in Home Prices Coming

    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.
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