Laguna Beach is the latest Beach City to slap a moratorium on short term rentals. The city council voted to grant a 45 day stay on new requests for short term rentals while it studies what to do in the long term.
Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has increased dramatically. At the same time, the housing inventory is decreasing especially at the lower price points.
The way buyers are getting pre approved for home loans is going to change this August! The new Dodd- Frank rules will change the way homes are bought and sold. Whether you are a buyer or seller, you need to know how this is going to affect you!
Laguna Royale is a beautiful, one of a kind coastal condo community in Laguna Beach, CA. Laguna Royale consists of 78 ocean front and ocean view condos, varying in size from 1 to 3 bedrooms. This is one of the best places to find beach front condos under $3,000,000.
Ocean views don’t get better than those at Laguna Lido. This luxury high rise condo community is located on the sand on the west side of PCH in South Laguna Beach. Residences have majestic views of their almost private beach, Catalina Island and Laguna Beach city lights.
From the Laguna Beach Indy: The median price of homes sold in Laguna Beach last year was close to $1.8 million, exceeding the previous peak median price of $1.7 million in 2006. In a year to year comparison, the median sales price for single family homes in Laguna jumped 16 percent in 2014.
When you sell real estate held for investment, you have to pay the capital gains tax. However, nobody likes to pay taxes. Luckily the so called “1031 Exchange” can offer significant savings to property owners. Wondering how you can benefit? Welcome to 1031 Exchanges 101!
Laguna Beach is famous not only for its coast line and art galleries, but also for its historic charm and lovely beach cottages. In 1993 the City of Laguna Beach adopted The Mills Act in to order to safeguard the architectural heritage of our town. The Act offers an economic incentive for the preservation of historic properties by reducing property taxes.
If you are planning to buy a home in the nearby future, it’s better to do it sooner rather than later. The latest Home Price Expectation Survey by Pulsenomics showed that home prices will continue to appreciate for the next several years.
As we discussed last month one reason to sell now is the still strong demand. Inventory is still low and you could be missing out on a great opportunity for your family. Here are 4 reasons why the time to sell is now.
Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices and its affiliates and associates do not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by the seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals. Jaleesa Peluso is a Laguna Beach Realtor who specializes in Orange County Real Estate.