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Tim C. Lorenz's Blog

By Tim C. Lorenz | Agent in Mission Viejo, CA

There Are Lower Price Laguna Costal Estates


Now is a great time for buyers to shop for a great deal along the Laguna Beach coast for that coastal estates because of the lower price offer.  According to The Orange County Register the homes on the sand in Laguna Beach are a little bit cheaper today.  Some experts claim that now is a great time (holiday time) to swoop in and purchase a home in Laguna for a lesser price.

A home in South Laguna on Coast Hwy has dropped its price has dropped its price by $1,000,000 dollars. It is a home located on the ocean front and is over 4,300 square feet.  Another home on Mar Vista 3150 square feet has also dropped its price by $1,000,000. 

According to the statistics 26 homes sold in October and 21 were priced below $2,000,000 A home in North Laguna sold at over that amount.  The home above Shaw's Cove sold for 50 percent less than the original asking price.  2 of the five homes that sold above the $2 mil. range were between 2 and 3 mil.

It appears that there is little competition above the 2 mil mark for the buyers in the Laguna Beach area.  So as I stated earlier, coastal Laguna estates are lower in priceit is a great time to purchase a wonderful property at a bargain price.

If you are looking for a home in the Laguna Beach area call Tim Lorenz or look on our website for those properties.

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

www.markandtim.com

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