Sizzle Back in Surf City Housing?

By JONATHAN LANSNER

Real estate for sale in Huntington Beach looks upbeat by one set of statistics.

Every two weeks, Steve Thomas of ReportsOnHousing.com publishes a study of the supply of local homes for sale. Here’s what the latest report — as of November 10 — details about Huntington Beach …

Article Tab: image1-Sizzle back in Surf City housing?

554 residences listed in brokers’ MLS system with 167 new deals opening in the past 30 days.
  • By Thomas’s math, this community has a “market time” (months in would take to sell all inventory at current pace of new escrows) of 3.32 months vs. 3.70 months found two weeks earlier vs. 4.32 months seen a year earlier. Countywide, latest market time was 3.27 months vs. 4.18 months a year ago.
  • So, homes in this community sell — in theory — in 1% more time than the countywide pace.
  • Of the homes listed for sale in this community, 172 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 31.0% of supply of homes for sale vs. 36.6% countywide.
  • Homes for sale in Huntington Beach represent 5.8% of Orange County inventory — and 4.9% of all the distressed homes listed for sale in Orange County. New escrows here are 5.7% of all Orange County’s new pending sales.

Compare these trends to countywide patterns:

  • Cities with highest level of distressed properties among their listings? Portola Hills was tops — 75.0% — followed by Rancho Santa Marg. at 68.9% of listings and Ladera Ranch at 66.7% of listings.
  • Fewest? Corona Del Mar was tops — 3.8% — followed by Seal Beach at 5.2% of listings and Laguna Woods at 7.6% of listings.

Congratulations to Ocean View Little League!

Read this article from the OC Register for more details on how the city and area will be celebrating with the little leaguers.

http://www.ocregister.com/news/parade-315241-valentine-team.html

The parade will begin on the 500 block of Main Street at Acacia at 3 p.m. The route will travel down Main Street ending at Pier Plaza.

 

Best Places to buy Investment Properties!

This is a must read for anyone looking to invest and take advantage of the low interest rates and prices that have dropped significantly over the past few years.  Click the link below for the full list!

http://money.cnn.com/galleries/2011/real_estate/1107/gallery.best_investment_markets/

10 best cities to buy a rental property

Low home prices and relatively strong rents are expected to make real estate investors in these cities some healthy profits over the next few years.

http://money.cnn.com/galleries/2011/real_estate/1107/gallery.best_investment_markets/

You’re Invited to The Villas @Pacific Shores Grand Opening…

Its finally here!  The grand opening of the stunning Villas at Pacific Shores.  Quickly register on our site at www.LiveHBLifestyle.com to get inside scoop and more details about these amazing homes.  Today from 11-1 there will be food, drinks and great music at The Villas but you must register first!  These are amazing homes steps to the ocean that you must see.  Stop by today after registering at www.LiveHBLifestyle.com.

Register for Grand Opening of The Villas @Pacific Shores

The Villas are opening soon at Pacific Shores.  Register today to be one of the first to view this amazing homes!  Just go to www.livehblifestyle.com and click on button on the top right to Join Jody Cleggs Interest List.  Register today for a viewing, updates and more info on The Villas!

Jody Clegg Voted “OC Fan Favorite”

OC Register Readers’ Fan Favorite: Jody Clegg of First Team

 People familiar with how Jody Clegg takes care of her clients at First Team Real Estate probably weren’t surprised to see her distinguished as a “Fan Favorite” in the Orange County Register’s annual “Best of Orange County 2010” readers’ poll. First Team was voted one of O.C.’s two best real estate companies, and Clegg earned a special mention for being “professional, warm, and friendly.”

Buyers and sellers especially appreciate her skill in helping them make wise, well-planned moves. She does this by combining intense market knowledge with a comprehensive understanding of their individual circumstances and desires. She has applied this model so successfully that she’s been independently ranked near the very top of annual real estate production in Huntington Beach for the past eight years.

She’s also known for selling homes faster and at better prices than most of her competitors.  There are many other professionals in the real estate industry such as appraisers and builders that consult with her regarding effectively preparing and pricing properties.   She does unusually strong repeat and referral business as clients seek her expertise for both buying and selling, and spread the word about her to others.

Outside of the real estate industry, Clegg is one of the most generous donors to foundations and sports programs at Huntington Beach High School and local middle and elementary schools.

In Clegg’s view, it’s all part of a long-term commitment to help shape and maintain what she views as a great place to live. Even though she could easily expand beyond her specialty area of Huntington Beach, where she has lived for 22 years and raised her children, she has kept her attention centered on Surf City.

“I’ve chosen to focus on only Huntington Beach and its perimeter cities because it’s the way to serve my clients best,” she explained. “My whole goal is for my team and me to be within a few miles of my clients seven days a week. And I’m a big believer in supporting our schools because good schools develop good citizens for our community and also keep our values up.”

Clegg said an email from a friend is where she first learned that she was named a “Fan Favorite” in the readers’ poll, “I had no idea!  I am thankful,” she said. “You can’t help but take this business very personally, so this is great”. I feel a real obligation to put my clients in the best position possible regardless of the circumstances they may be facing in their personal lives and in this challenging economy. I’m willing to do just about anything to get them where they need to be, and that’s why the ‘Fan Favorite’ makes me feel so thankful that my clients were satisfied enough to mention me in the readers’ poll.”

The Best Thing About Being 55+

Q.: What is Proposition 60?

A: Prop. 60 was a constitutional amendment approved by the voters of California in 1986. It is codified in Section 69.5 of the Revenue & Taxation Code, and allows the transfer of an existing Proposition 13 base year value from a former residence to a replacement residence, if certain conditions are met. This benefit is open to homeowners who are at least 55-years old and are able to meet all qualifying conditions, (click below).

http://www.ocgov.com/portal/site/ocgov/menuitem.02b739dec30413a69add603d100000f7/?vgnextoid=b8e85142e6a03210VgnVCM1000005b00610aRCRD&vgnextchannel=9dbaca3bac5e2210VgnVCM1000005b00610aRCRD&vgnextfmt=default

Hot Buys

Showing properties 1 - 3 of 136. See more city of Huntington Beach real estate.
(all data current as of 2/22/2012)

  1. 5 beds, 1 full, 2 part baths
    Home size: 1,800 sq ft
    Lot size: 6,500 sq ft
  2. 3 beds, 2 full baths
    Home size: 1,342 sq ft
    Lot size: 6,000 sq ft
  3. 4 beds, 2 full baths
    Home size: 1,448 sq ft
    Lot size: 6,200 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Huntington Beach Real Estate Market Snapshot

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Date last updated: 2/22/12 11:44 AM PST

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