Terraces Laguna Beach

We specialize in the Terraces Laguna Beach homes here in Laguna Beach, California  Terraces Laguna Beach is located in the Laguna Canyon area and known for its affordable condo living in Laguna Beach, California.

Found 15 blog entries about Terraces Laguna Beach.

Nov 29

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The Laguna Beach Real Estate market is starting to see changes in the way homes are sold with rising interest rates causing things to slow down, especially for those who need the assistance of getting a loan.  It was only a short year ago when homes were flying off the shelf and multiple bids on properties were a common place.  This was due to the low inventory of homes available in Laguna Beach along with record low interest rates.  All of this has quickly changed and the sellers market has slowly turned into a buyers market.  Buyers now have more time to compare properties when the first come on the market without being pressured by other home buyers looking to make a bid on the same property.  The inventory of homes is still relatively low which is

Aug 26

1,545 Views, 2 Comments

One of the newest features added to our MLS is being able to view coming soon listings.  These properties are technically not active on the market and are in the pre-marketing stage of being put on the market.  The coming soon feature was added so agents can get there home available to other real estate agents and potential clients while they are getting their professional photos and other marketing materials together.  The advantage of doing it this way for agents is that the days on the market will not start counting until it's officially switches to active.  If you have been familiar with real estate for awhile these were commonly known as pocket listings where real estate agents would only share these potential properties to clients they are currently

Apr 20

5,105 Views, 0 Comments

One of the hottest trends right now are 3D virtual home tours.  Since most showings are very limited agents in Laguna Beach are now making sure they every listing they have on the market comes with a virtual tour.  We checked all of the recent listings in Laguna Beach that have come on the market in the last week and every single one had a virtual tour.  The most popular virtual tour company by far is by Matterport which shows a 3D image of the property as if you were looking above the house and allows the consumer to walk through every single room as if they were at the house.  This makes a lot of sense since we have been getting a lot of calls lately of potential buyers asking for the virtual tour links of any given property.

One of the additional

Nov 21

1,644 Views, 0 Comments

We were just contacted by a client who is looking for off market condos in the Laguna Beach area.  Her main criteria is that she wanted a condo with spectacular views with a lot of building amenities.  Right now is considered our off season as many owners have decided to take their home off the market for the holidays.  Our typical selling season starts right after the first of the year and continues through the end of September.  The months of October, November and December are normally slower even through homes continue to sell just at a slower pace.  Even though a lot of owners take their home off the market for the holidays doesn't mean that they don't want to sell anymore.  A good real estate agent will have access to these properties and be able to

Aug 13

1,968 Views, 0 Comments

Buying a home in Laguna Beach can be tricky when deciding on which neighborhood to live and the best time to buy.  There are pros and cons to buying at different times of the year in Laguna Beach and often depends on how the current real estate market is doing.  It's first important to establish if the market is a buyers or a seller's market.  A buyers market means that homes will sit on the market longer than usual.  Buyers don't have to rush into buying a home and can often negotiate with the seller off the listing price.  In a seller's market properties are selling very fast and the owners are in control on who they sell it and the price they think the market will bear.  

Most of the homes in Laguna Beach will come on the market between January

Mar 7

1,314 Views, 0 Comments

When Real Estate agents take a listing it is usually for a 6 or 12 month period.  Of course, this can be any length of time that the owner wants as we have seen it as short as one month when the owner really wants to get it sold right away.  After this set amount of time when the property does not sell it goes off the market and is considered an "expired listing."  Be prepared when this happens as dozens of real estate agents who's sole job is to call on expired listings will start calling you non-stop the morning after the home expires.  

These agents make a living trying to convince owners why their home didn't sell and to use them the next time around.  What most seller's don't realize is that these types of agents have very good phone skills but

Oct 9

1,327 Views, 0 Comments

Finding a home under $700,000 in Laguna Beach can be tricky but it's still possible in certain neighborhoods.  The Terraces community in Laguna Beach is the first place we always recommend to look when someone wants to find a home in this price range.  Technically located in Laguna Beach but really more like being in the city of Aliso Viejo is a community situated near the 73 freeway off the Laguna Canyon road.  Living her gets you a Laguna Beach address which is very valuable for many as children get to attend schools in the Laguna Beach school district.  It's still a bit of a commute everyday to the downtown area of Laguna Beach so if you are looking for something in the heart of the city then the Terraces may not be the right community for you.  A lot

Sep 8

1,654 Views, 0 Comments

It's amazing what a couple years will make when looking at real estate prices in Laguna Beach, California.  Back in 2015, there were still a lot of choices for buyers looking under the $600,000 price range.  Progress to the end of the summer 2017 and only a handful of properties will come on the market in this price range as prices have really soared in the last couple of years.  Does this mean that we are headed into another real estate bubble?  A lot of people think so but they also feel it won't be the huge correction like we saw in 2008.  One reason for that is that banks are not giving out loans to everyone like they used to.  If you have ever applied for a loan in the last 10 years you know how strict banks have become.  This will hopefully

Mar 27

21,598 Views, 1 Comment

Everyone from real estate agents to home buyers are talking about the low inventory of housing in Southern California and how frustrating it is to find a suitable property at a reasonable price in today's real estate market.  A lot of times these hidden gems may be out there but not visible on the open real estate market and hidden from being seen anywhere on the Internet.  Sometimes the best deals are those that are on "hold" status for one reason or another.

A real estate agent will put a home "on hold" for a wide range of reasons.  Sometimes seller's will have some kind of an emergency come up and still want to sell the home but are unable to cooperate with showings during a short period of times.  In other cases we see a lot of short sale and bank

Sep 3

2,579 Views, 0 Comments

Laguna Beach has some of the top schools located here in Orange County. In order to qualify for attendance into to the Laguna Beach unified school district you must live with a Laguna Beach zip code. The Terraces condo community located off Canyon Hill drive in Laguna Beach is a perfect example of this.

The Terraces condos are located about 15 min to the main beach and downtown area of Laguna Beach and boarder the Aliso Viejo city line. Residents of the Terraces live in a Laguna Beach zip code and qualify to attend the local schools. Some of the lowest price condos are also found in the Terraces and are a popular destination for buyers and renters alike who want to live in Laguna Beach.

Currently, condo prices range in the high $300,000 range a large