Laguna Beach Short Sales

Laguna Beach Bank Owned & Foreclosure properties rarely come on the market in today's Laguna Beach Real Estate market.  To date, there are only five bank owned properties for sale and the majority of distressed properties are coming on the market as short sale.  A newly listed bank owned home has come on the market in Laguna Beach featuring great ocean views in the Spanish Revival Style architecture.  The home is located in the Laguna Village and is currently priced at $1,897,200.  Laguna Beach has a great blend of spanish style homes dating back to the early 1920's.  Many of have kept that spirit alive in building beautiful homes in the spanish style.  If you are looking for unique architectural style homes by the beach then Laguna Beach is for you.  For

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A Crescent Bay Laguna Beach ocean view home has just come on the market for $4,895,000 and features great ocean views in an ideal location near the Crescent Bay Point Park.  Crescent Bay is a unique area with large two story spanish, mediterranean and cottage style homes.  Some of the original historic homes were built around Crescent Bay so you get a real sense of history when driving around the neighborhood.   If you are looking for an ocean view home then Crescent Bay is also a great place to start.  Located just south of the gated communities of Smithcliffs and Emerald Bay, this ideal North Laguna location has some of the best ocean views in all of Laguna Beach.  For more information on Laguna Beach Real Estate please contact us today at 949-355-1622. …

Yesterday, we saw a new short sale home for sale come up in the Laguna Village area of Laguna Beach listed for $799,000.  This ocean view home is located just east of Victoria Beach and just minutes to the heart of Laguna Beach.  The Laguna Village area is filled with quaint custom homes that date from the early 1920's with beach cottages, historic spanish bungalows and traditional style homes.  The advantage of living in the Laguna Village is that you are close to shopping, restaurants and the main beach.  Of course, living in Laguna Beach is a dream for most, but If you can afford to live here then starting your search in the Laguna Village area is not a bad place to start.  We are seeing more and more short sale listings coming on the market.  Nearly

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Two new Ocean View homes for sale have come on the market in the luxury gated community of Emerald Bay in Laguna Beach, California.  One of the listings in a traditional style home listed for $4,900,000 with ocean views and a main floor master bedroom.  The other new listing to come on the market in Emerald Bay features ocean views from almost every room and is listed for $6,900,000.  Currently, pricing in Emerald Bay ranges from $2,675,000 to $24 million dollars.  There are 25 homes on the market right now so you will have a good selection of properties to choose from with no short sale listings for sale in Emerald Bay.  Emerald Bay is a very secure gated community here in Laguna Beach with homes sales ranging from $2 million to $30 million dollars.  If…

A Brand New Laguna Beach short sale listing just came on the market for $399,000.  The one bedroom one bath condo is located just a half block to the beach and Heisler Park which is considered one of the best locations in Laguna Beach.  The condo is listed as a short sale and subject to the lenders approval of price and terms.  The condo came on the market on April 29, 2011 and is sure to have multiple offers on the property.  If you have been thinking about buying a condo for yourself or for investment purposes then this is a great deal.  Condos rarely come on the market for this price here in Laguna and the location can not be beat.  For more information on this short sale listing or any other Laguna Beach homes for sale please contact us today at…

Cliff Drive is an oceanfront street here in Laguna Beach with some of the best ocean view homes for sale.  A newly listed Cliff Drive listing has come on the market for 749,000 with two bedrooms, two baths and great ocean views.  To date there are 382 homes on the market in Laguna Beach will a wide selection of ocean view and oceanfront homes for sale.  If you are looking for an ocean view condo in Laguna Beach then looking along Cliff Drive in the North Laguna area is worth a visit.  North Laguna is considered one of the most expensive parts of Laguna Beach with some of most exclusive homes and communities in all of Southern California.  For more information on ocean view properties here in Laguna Beach please contact us today at 949-355-1622.  We…

If you have been looking for a single family home in Laguna Beach you know that it's hard to find a single family home under the $700,000 range.  A new short sale listing has come on the market in the Top of the World neighborhood of Laguna Beach, California.  The home features three bedrooms, two baths and a good size yard and priced at $745,000.  Top of the World is a great community here in Laguna Beach located at the top of the hill and known for it great ocean, catalina island and sunset views!  To date, this is the 2nd short sale listing we have seen come on the market here in Laguna Beach with a total of 62 short sale listings.  This is nearly 20% of all homes for sale here in Laguna Beach.  For more information on Laguna Beach short sale listings…

A Laguna Beach short sale has come on the market in the Victoria Beach area of Laguna Beach, California for $569,000!  The condo features two bedrooms, two baths with white water ocean views.  The Victoria Beach area is close to the heart of the Laguna Village with numerous art galleries, shopping and restaurants.  Ocean view condos in Laguna Beach normally sell in the $600,000 to $700,000 range so this short sale is a tremendous value.  A short sale is great opportunity for Laguna Beach home buyers looking for under priced homes.  For more information on Laguna Beach Short Sales and Laguna Beach Real Estate please contact Sam Smith at 949-355-1622 today.

Many people are asking if it is a good time to invest in Laguna Beach real estate?  The following information was collected from Trulia.com which evaluates the Laguna Beach Real Estate market. The median sales price for homes in Laguna Beach CA for Jan 11 to Mar 11 was $912,500. This represents a decline of 17.2%, or $189,000, compared to the prior quarter and a decrease of 16.2% compared to the prior year.  So according to this we can gather that home prices have come down and the affordability of Laguna Beach homes has come down by nearly $200,000.  Now, when you look at a longer term range we see that sales prices have depreciated 34.3% over the last 5 years in Laguna Beach.   So in essence, property values have come down by nearly a third the last 5…

With 60 short sale listings on the market right now in Laguna Beach, California we are seeing a huge increase in the number of short sale homes on the market.  What is a short sale?  Well, a short sale is where a homeowner is in distress and can no longer afford their mortgage payments.  The property has not gone into foreclosure but typically mortgage payments have been missed and foreclosure can be just months away.  The homeowner decides to put their home on the market to short pay the bank the difference in amount owed to the bank and the price a buyer is willing to offer on their home.  A good short sale agent will prepare all short sale documents and negotiate with the bank to have the difference forgiven.  Keep in mind that short sales can take a

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