Wednesday, October 28, 2009

75 Acres in Malibu - HOT BUY! AMAZING DEAL!

75 acres of unobstructed ocean views. This property features all utilities onsite and above ground. Most of all diligence is done on property including topo, partial geo, and renderings for this beautiful homesite. Appraised for 10 million







Monday, October 26, 2009

Some Shots From Laguna Beach, CA - From My Open House






Here is something fun, just some shots taken with an iPhone at my Open House last weekend.

Monday Updates - Are You Ready for the "Good Stuff"?




Good Morning!

Wow, what a busy weekend!

We had the Real Estate numbers come in on Friday and we were up 9.4%! This was posted last week - Associated Press had the news at about 7 a.m. on Friday.

That's not the only good news, there is more.

Home sales up 42% in the OC.

We also have some so-so good news on interest rates for home loans. Although the rates are low they have gone up this week.

I manage and keep an updated list of important news regarding Real Estate in Orange County and across the globe on this website---> http://twitter.com/KW_Real_Estate

So for those of you who have mailboxes that are stuffed with files this gives you an option to easily link up and open items without having to download large files.

Drop in to: http://twitter.com/KW_Real_Estate and click through my last few postings and stay on top of important information. You can even choose to follow my updates and you can have them sent directly to your cell phone for INSTANT access. This allows you to see some of the best HOT BUYS and other important news.

Top Ten - Coolest Beach Properties

Weekly Mortgage Update

Home Sales Up 42% in The OC.


Also, be sure you check into your email if you are still looking at properties around Southern California. I send many of you updated lists every morning - 1st thing.

There are two ways to easily search properties. One of the ways is to have your very own MLS account and be able to search by cities and even by neighborhoods and you can even pinpoint specific areas on a map and choose any number of items you do or do not like age of home, mellos roos, HOA fees, appliances, etc.

The other way is very simple as well - you do not have to be computer savvy. I can email to you daily a link to a list of properties here in Southern California that have the bedrooms and bathrooms, square footage, lot size and price. These are sent daily and all you have to do is take a few moments to look at them and decide if you like them or not and if you want to go with me to look at these homes.

Many people have had great success easily finding the homes in these 2 ways and have even placed winning offers on these homes and now own their very own dream home.

I also get asked this question many times and thought I would just remind us all about it. "I was told I can get a better deal if I just work with the Listing Agent"

First thing - any Agent/Realtor who tells you that they will give you a better deal (or they do not work with Buyer's Agents) if you work with them and that you do not get and Realtor (to represent you and your best interests) is unethical and illegal. Think of it this way - if you where making an offer on a home and you lost the deal because the Listing Agent made deals and paid people to work with them - even though it is banned by law - would you be a bit angry? Of course you would. You could have a legal case against that Agent.

Second thing - a Listing Agent who already is representing the Seller - is already committed to get the Seller the best deal they can, the highest and best offer and get paid the highest and best fee. With that in mind who do you think they will be looking out for? We imagine that they will be working hard to get the Seller the best deal they can - because if the Seller finds out they (the Agent or Realtor) cut a special deal with a Buyer and did not share the savings with them - they have a very strong case against the Realtor for them not doing what they had contracted themselves to do.

I understand this is a lot to think of but - there are as many questionable Realtors or Agents out there as there are good and honest ones and you want to be sure you always choose a Realtor who is looking out for your best interests, not someone else.

Remember, I can help you every step of the way and will work hard to answer any questions you may have.




Ken Webb - Realtor
OCAR, NAR, CAR
First Team Real Estate & KW, Realtor
Phone/Text: (949) 243-6649
DRE Lic # 01844181



"The finest compliment I could ever receive is a referral from my friends and clients"

Saturday, October 24, 2009

Simply Amazing- Ocean View - Laguna Beach - For Sale




Stunning, Spectacular & Amazing - Open House This Weekend

Open House This Weekend- Saturday & Sunday from 1:30-4:30pm

Drop in and find out whats new in Real Estate in Laguna Beach.

VIDEO->View the YouTube Video of this Home--> http://www.youtube.com/watch?v=5rCN6kn9ZHM

For starter this home you will be previewing is sitting on OVER 1/3 AN ACRE - IN LAGUNA BEACH! Flooded with light from Ocean Views from every Room in the house.

This home boats 3 good sized bedrooms and a Grand Master Bedroom.

The Grand Master Bedroom has a full Spa Styled Master Bath with Jacuzzi style Hot Tub. This glorious Master Bedroom Suite also has 2 Walk In Closets.

The Master Bedroom isn't the only stunning thing here.

Check out the Kitchen with Granite and Sub-Zero Fridge/Freezer.

Stroll around you Outdoor Entertainment Area with Grill Burners, Sink and Fridge with seating for All Your Friends. All this plus Ocean Views and the cool breezes of the Pacific Ocean.

But don’t stop there!

This place is Stunning, Spectacular, & Amazing! Walk up to the roof top deck with room to entertain! Yes! Even more outdoor spaces!

There is More, More, MORE!

Did you see that this home sits on over 1/3 an acre! Yes! Come explore the pathways and walk ways around your private, secluded park right in Laguna Beach!

PRIVATE AND SECLUDED ! IN LAGUNA BEACH!

Okay, Now that you are curious - you really should drop by.
If a million $ home is not what you are looking for - you can get the option to search the entire MLS like an agent. No more need for multiple sights with inaccurate or old outdated INFORMATION. Get it all in one spot, free and easy to use. Search by county, city and street! Search by neighborhoods, Search by freeway locations.

SEARCH JUST LIKE AN AGENT
www.kwrealestate.listingbook.com


Did you know First Team Real Estate is #1? Number one in Sales Number 1 in Units sold. This means is you want to list your home - there is no better place than First Team. This also means if you want to buy a home there Is no better equipped Broker than First Team.

Come by and visit with Ken Webb - Realtor with First Team Estates.

What else is happening in Real Estate?

If you follow me on Twitter you get access to ultra HOT BUYS! First access to properties considered really good deals - from all over SoCal.

UP TO THE MINUTE UPDATES ON TWITTER
http://twitter.com/KW_Real_Estate

If you are missing updates you can follow my Blog and have access to past Twitter postings and any news or information you may have missed as well as publications you can print out at home and read at your leisure.

CURRENT REAL ESTATE NEWS
http://kenwebbkwrealestate.blogspot.com


Ken Webb - Realtor
OCAR, NAR, CAR
Email: kenwebb@firstteam.com
Phone/Text: (949) 243-6649
DRE Lic # 01844181

Saturday, October 17, 2009

Open House This Weekend!




Open House Notice - From The Desk of Ken Webb & First Team Estates/KW Real Estate

Hello! - It is going to be a fantastic weekend! I hope you are going to have a chance to go outdoors and enjoy this fall sunshine. I will be working all weekend in Laguna Beach and I encourage you to drop by and say, HI. A reminder - I DO NOT expect you to make an offer on the house, I just would like a chance to see you and visit and help you with any questions you may have about Laguna Beach. Just drop by and shoot the breeze and enjoy the views.

Here is a copy of this week's Open House Ad

OPEN HOUSE - STEPS TO THE BEACH!

Today and Sunday from 1:30 pm 4:30pm Stop by for some cold drinks and current Laguna Beach Real Estate information. Find out how you can search just like an agent does - right from the MLS - no cost and no fees!
444 Ashton Drive. Take a right off of PCH onto Hinkle, go up Hinkle and take a right on Rousevel Terrace, follow Rousevel and take a right on Ashton Dr.

View the YouTube Video of this Home--> http://www.youtube.com/watch?v=5rCN6kn9ZHM

Your local Real Estate Expert is now Global.

Ken Webb - Realtor

SEARCH JUST LIKE AN AGENT
www.kwrealestate.listingbook.com

CURRENT REAL ESTATE NEWS
http://kenwebbkwrealestate.blogspot.com


UP TO THE MINUTE UPDATES ON TWITTER
http://twitter.com/KW_Real_Estate


View the YouTube Video of this Home--> http://www.youtube.com/watch?v=5rCN6kn9ZHM










Ken Webb - Realtor
OCAR, NAR, CAR
KW Real Estate - First Team Estates
Email: kenwebb@firstteam.com
Phone/Text: (949) 243-6649
DRE Lic # 01844181

Friday, October 16, 2009

Open House - Laguna Beach - Absolutly Stunning!




Greetings!

I hope you have had a good week and are prepared for the weekend! It is supposed to be beautiful! I am excited because I will be back at my Open House this weekend from 1pm to 4:30pm. This is a great chance to see a beautiful home with stunning views from just about every place in the house. Please stop by and get a cold drink and find out what is new in the land of Real Estate.

Video of Home--> http://www.youtube.com/watch?v=5rCN6kn9ZHM


My schedule is pretty much the same except for the last weekend of October. I will be heading out of state to help some clients and be on a short work weekend in Oregon and Washington. I will be leaving on the 28th and will be back on the first Tuesday in November.


For those of you who are serious about a purchase - NOW is the time to get an offer in and get it accepted to take advantage of any tax savings you can get. The FHA $8000 tax credit means you have to have your offer in and the sale completed before the 29th of November.


I am attaching the Open House flyer for Laguna Beach this weekend and am also attaching the new Mortgage Watch newsletter.

As a side note, please remember to check your daily emails on the properties that I send to you in the early am. One of those properties is nearly a brand new house and is at 302,000 in Aliso Viejo! If that is not enough of a deal, be sure and join me on TWITTER! I post on twitter as soon as I can HOT BUYS that are homes that have price per square footage that is much lower than the rest. These updates are also posted to my Blogger page as well.

Bookmark these webpages and add them to your favorites!

http://www.kwrealestate.listingbook.com


http://kenwebbkwrealestate.blogspot.com


http://twitter.com/KW_Real_Estate


These simple steps give you access to information and properties many folks are missing. This means that because you are a cash buyer we can go in with proof of funds and make an offer right away. If you are not a cash buyer we have to have proof that you are pre-qualified for a loan and have the necessary funds for the down payment.

Buying a home is not as complicated as it seems. It is just a series of steps, one after the other until we reach the end of the road and you unlock the door to your new home!

I look forward to talking with you soon,


Ken Webb - Realtor
OCAR, NAR, CAR
KW Real Estate - First Team Estates
Email: kenwebb@firstteam.com
Phone/Text: (949) 243-6649
DRE Lic # 01844181

p.s. Remember, it does not matter if you want to buy, lease, sell, rent, invest. It does not matter where you want to do it, any city, any county, any state, any country- I have you covered!

Thursday, October 1, 2009

CAR Sales Report New News Urgent






Urgent News- C.A.R. Housing - Sales Report



Quick Facts:
· Existing, single-family home sales increased 9 percent in August to a seasonally adjusted rate of 526,970 on an annualized basis.
· The statewide median price of an existing single-family home increased 2.6 percent in August to
$292,960, compared with July 2009.
· C.A.R.’s Unsold Inventory Index fell to 4.3 months in August, compared with 7 months in August 2008.

LOS ANGELES (Sept. 25) – Home sales increased 9 percent in August in California compared with the same period a year ago, while the median price of an existing home declined 16.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

“First-time buyers continue to be the driving force in home sales throughout the state,” said C.A.R. President James Liptak. “The federal tax credit, which has helped more than 1.4 million people become first-time homeowners nationally, is set to expire Nov. 30. The tax credit is a proven economic stimulus that clearly is working, and should be extended through 2010 and expanded to include all home buyers,” Liptak said.

Closed escrow sales of existing, single-family detached homes in California totaled 526,970 in August at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local REALTOR® associations statewide. Statewide home resale activity increased 9 percent from the revised 483,400 sales pace recorded in August 2008. Sales in August 2009 decreased 5.1 percent compared with the previous month.

The statewide sales figure represents what the total number of homes sold during 2009 would be if sales maintained the August pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

The median price of an existing, single-family detached home in California during August 2009 was $292,960, a 16.9 percent decrease from the revised $352,730 median for August 2008, C.A.R. reported. The August 2009 median price rose 2.6 percent compared with July’s $285,480 median price.

“The statewide median price rose for the sixth consecutive month in August,” said C.A.R. Vice President and Chief Economist Leslie-Appleton-Young. “Recent price gains are consistent with the low inventory levels of the past few months. Levels of distressed properties remain high, but have declined compared with earlier in the year, and are one reason why inventory levels are running below the state’s long-run average of 7.2 months.

“Sales have exceeded 500,000 homes for 12 consecutive months, and now are 38 percent higher on a year-to-date basis compared with 2008,” said Appleton-Young. “Sales continue to be boosted by the large number of distressed properties on the market, along with favorable interest rates.”

Highlights of C.A.R.’s resale housing figures for August 2009:

. C.A.R.’s Unsold Inventory Index for existing, single-family detached homes in August 2009 was 4.3 months, compared with 7 months (revised) for the same period a year ago. The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.

. Thirty-year fixed-mortgage interest rates averaged 5.19 percent during August 2009, compared with 6.48 percent in August 2008, according to Freddie Mac. Adjustable-mortgage interest rates averaged 4.72 percent in August 2009, compared with 5.26 percent in August 2008.

. The median number of days it took to sell a single-family home was 35.2 days in August 2009, compared with 47.6 days (revised) for the same period a year ago.

Regional MLS sales and price information are contained in the tables that accompany this press release. Regional sales data are not adjusted to account for seasonal factors that can influence home sales. The MLS median price and sales data for detached homes are generated from a survey of more than 90 associations of REALTORS® throughout the state. MLS median price and sales data for condominiums are based on a survey of more than 60 associations. The median price for both detached homes and condominiums represents closed escrow sales.

In a separate report covering more localized statistics generated by C.A.R. and DataQuick Information Systems, 27 of the 388 cities and communities reporting showed an increase in their respective median home prices from a year ago. DataQuick statistics are based on county records data rather than MLS information. DataQuick Information Systems is a subsidiary of Vancouver-based MacDonald Dettwiler and Associates. (The lists are generated for incorporated cities with a minimum of 30 recorded sales in the month.)

Note: Large changes in local median home prices typically indicate both local home price appreciation, and often, large shifts in the composition of housing market activity. Some of the variations in median home prices for August may be exaggerated due to compositional changes in housing demand.



. Statewide, the 10 cities with the highest median home prices in California during August 2009 were: Saratoga, $1,337,000; Palos Verdes, $1,170,000; Newport Beach, $1,040,000; Los Gatos, $900,000; Cupertino, $870,000; Danville, $825,000; Santa Monica, $810,000; Rancho Palos Verdes, $765,000; Arcadia, $750,000; and Mountain View, $732,500.

. Statewide, the cities with the greatest median home price increases in August 2009 compared with the same period a year ago were: San Juan Capistrano, 28.8 percent; Laguna Hills, 17.6 percent; Placentia, 10.9 percent; San Rafael, 10.1 percent; Fullerton, 7.2 percent; Benicia, 5.6 percent; Arcadia, 5 percent; Alhambra, 3.5 percent; Costa Mesa, 3.1 percent; and Walnut 2.9 percent.

Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with more than 163,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

August 2009 Regional Sales and Price Activity*
Regional and Condo Sales Data Not Seasonally Adjusted

August-09

Median Price

Percent Change in Price from Prior Month

Percent Change in Price from Prior Year

Percent Change in Sales from Prior Month

Percent Change in Sales from Prior Year


Aug-09

Jul-09


Aug-08


Jul-09

Aug-08

Statewide








Calif. (sf)

$292,960

2.6%


-16.9%


-5.1%

9.0%

Calif. (condo)

$260,370

0.2%


-14.4%


-8.2%

9.0%









C.A.R. Region
















High Desert

$111,770

1.0%


-33.9%


-13.2%

40.4%

Los Angeles

$339,980

0.2%


-13.9%


-10.6%

6.7%

Monterey Region

$298,940

5.4%


-19.3%


-8.7%

10.0%

Monterey County

$235,000

2.2%


-22.2%


-6.4%

12.6%

Santa Cruz County

$500,000

-6.5%


-14.1%


-13.4%

4.5%

Northern California

$255,600

-5.6%


-15.2%


-10.9%

-9.6%

Northern Wine Country

$347,920

-3.5%


-10.3%


-13.0%

-3.6%

Orange County

$499,440

-0.2%


-2.3%


-8.8%

5.9%

Palm Springs/Lower Desert

$169,080

3.7%


-23.8%


-19.8%

21.4%

Riverside/San Bernardino

$166,600

0.7%


-26.1%


-10.9%

-0.1%

Sacramento

$192,050

4.5%


-13.1%


-8.9%

-10.0%

San Diego

$375,710

0.8%


-3.3%


-13.4%

0.1%

San Francisco Bay

$531,580

-2.6%


-14.2%


-15.2%

7.6%

San Luis Obispo

$382,560

-3.0%


-7.8%


-9.0%

9.7%

Santa Barbara County

$376,090

0.0%


-10.0%


-15.4%

-5.7%

Santa Barbara South Coast

$828,750

-6.1%


-17.1%


-17.1%

-6.8%

North Santa Barbara County

$244,050

0.2%


-8.5%


-14.9%

-4.9%

Santa Clara

$555,000

-5.5%


-14.6%


-20.7%

9.9%

Ventura

$466,200

2.1%


-2.6%


-6.9%

6.1%



* Santa Barbara County and Monterey County median prices decreased significantly from August 2008 due mainly to the high proportion of total sales from lower-priced properties in the regions.

na - not available

* Based on closed escrow sales of single‑family, detached homes only (no condos). Movements in sales prices should not be interpreted as measuring changes in the cost of a standard home. Prices are influenced by changes in cost and changes in the characteristics and size of homes actually sold.

sf = single‑family, detached home

Source: CALIFORNIA ASSOCIATION OF REALTORS®

Median Prices By Region – Current Month vs. Year Ago

Aug-09

Jul-09


Aug-08


Statewide






Calif. (sf)

$292,960

$285,480


$352,730

r

Calif. (condo)

$260,370

$259,770


$304,220

r







C.A.R. Region












High Desert

$111,770

$110,650


$169,200


Los Angeles

$339,980

$339,430


$394,870


Monterey Region

$298,940

$283,650


$370,410


Monterey County

$235,000

$230,000


$302,000


Santa Cruz County

$500,000

$535,000


$582,000


Northern California

$255,600

$270,730


$301,450

r

Northern Wine Country

$347,920

$360,390


$387,740


Orange County

$499,440

$500,210


$511,270


Palm Springs/Lower Desert

$169,080

$163,080


$221,940


Riverside/San Bernardino

$166,600

$165,460


$225,390


Sacramento

$192,050

$183,840


$220,890


San Diego

$375,710

$372,640


$388,710

r

San Francisco Bay

$531,580

$545,810


$619,300


San Luis Obispo

$382,560

$394,440


$415,000


Santa Barbara County

$376,090

$376,090


$417,860

r

Santa Barbara South Coast

$828,750

$882,500

r

$1,000,000


North Santa Barbara County

$244,050

$243,480


$266,670


Santa Clara

$555,000

$587,000


$650,000


Ventura

$466,200

$456,440


$478,410




na - not available

r - revised

Source: CALIFORNIA ASSOCIATION OF REALTORS®