considering buying using estate agents redditch? Of course, it depends on what type of home you want to own.If you’re like the majority of homebuyers right now (we’ll exclude investors), your budget is probably $600,000-$650,000 or less (or much less), and you’d like something beyond an apartment-like condo with enough space to stay put in for at least a number of years. You’ve got a real job so you’re not going to waste time sell my house redditch or chasing short sales, and properties that are in escrow are also out of bounds for obvious reasons – we don’t want to go around making backup offers.What does the for sale landscape look like right now during the busy time of 2009? Not very welcoming. There are few properties for sale, and the ones that are for sale at reasonable prices (by today’s standards) are attracting buyers. There are a below average amount of sales happening, partially becuase there are fewer properties for sale in total. Even fewer are not short sales that can actually go through. Foreclosures are “hot.”Let’s take a quick tour around South OC to look at what our theoretical buyer would see. Remember, they’re ready to pull the trigger right now on a house, we’ll assume they can afford up to $650,000 (because they earn $162,500 and are being conservative with their financing), and they need at least 3 bedrooms and 2 baths.First, let’s start in San Clemente. For many who work in the county’s job centers, it’s too far south. Still, a great place to live if you can stomach the 5 freeway.In this screen shot, there are about 20 listings that meet our criteria. Now up to Dana Point and San Juan…There are lots of properties for sale in San Juan – particularly in the not-so-great areas, and many of those are short sales or foreclosures. Besides properties to rent in redditch , some WTF pricing, the majority of properties here have been on the market for some time. Maybe that pricing is crazy too, and we just didn’t look closely enough…We’ve heard it before that Aliso Viejo is a “strong” mini housing market. The properties for sale right now are not appealing to us – at least based on the selection available and their relative value based on asking prices. If you’d like a comparison, here’s a similar view with short sales and escrow properties back in. As you can see…a lot more properties out there, just not within reach of our reasonable made-up buyer. 8 comments Labels: Neighborhood analysis, South OC Friday, June 26, 2009 South OC home stats thru June 4 It’s been a little while since we’ve posted the latest DataQuick stats via the OC Register, so here we go. The numbers are for the 22 business days ending June 4. 2 comments Labels: home stats, South OC Thursday, June 25, 2009 ’02 rollback in Laguna Canyon? Surely we jest – a near 2002 rollback in the city of Laguna Beach? It just may be correct – provided the short sale can go through, that is.21398 Stans Lane, 92651Asking price: $525,000 Asking price/ sq ft: $493Purchase price: $515,000 Purchase date: 8/5/02Size: 2 beds, 1 bath, 1,064 sq ft (built in 1965)MLS: S573581 (49 days on Redfin)Type: Single Family ResidenceStyle: BungalowStories: 1Lot size: 7,480 Sq. Ft. From listing: From CA-133 turn east onto Sun Valley Drive then turn left to stay on Sun Valley Drive then turn right on to Stans Lane to 21398 Stans Lane, Laguna Beach, CA. 92651The Redfin history says this property went for $375,000 in 2001 and then $515,000 in 2002. Whatever the actual details, since it’s a short sale we know the debt on the property will not be exhausted if there is a sale. It’s up to the bank to decide – is it 2002 again in Laguna Canyon? 2 comments