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32% off peak in Laguna Hills
2008-02-16 14:21:00
Here's some flawed math: The Orange County Register reported that home prices in Orange County have fallen 19.4% from the peak. Therefore, all I have to do is take the price of a home - say this Laguna Hills property - and subtract that much from the peak price paid and I arrive at today's current value...right?Obviously that's wrong, since every property is different. The decline seen so far in this place happens to be more in the ballpark of 32% and is still going, considering a buyer still has yet to be found.25711 Califia Drive, 92653 Asking price: $449,900 Asking price/ sq ft: $340Income requirement: $112,475Peak purchase price: $660,000Peak purchase date: 9/30/2005Size: 3 beds, 1.75 baths, 1,325 sq ft (built in 1972) MLS: S520976 (8 days on Redfin) 2006 property tax: $6,892Type: Single Family Residence Style: Traditional Stories: One LevelLot size: 7,920 sq ftFrom listing: Great single stoy home with 3 bedrooms and 1.75 baths. open and spacious floorpl...

Let's play...Match Game
2008-01-29 03:27:00
OK, so this isn't really like the real Match Game . Here, we're matching stories from the real estate downturn of the 90s with eerily similar ones that have come out recently. All of the old stories are from the OC Register archives. Enjoy...Today's story: OC real estate/finance jobs at 33-month lowDate: Jan. 21, 2008"Orange County’s real estate and related finance businesses lost 14,200 jobs in the year ended last month, putting employment in this niche at 245,000 workers, the lowest level since March 2005." ...Yesterday's story: OC real estate slump putting thousands of sellers out of jobsDate: Jan. 15, 1991"As many as 5,000 people have dropped out of the home-selling business in Orange County during the past year, according to reports from local real estate associations and the state trade group's employment estimate for 1991." ...The connection: Professionals in real estate-related jobs are either leaving or being forced out of the industry.Today's story: Lennar loses $1....
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Pending sales, Jan. 27
2008-01-28 00:56:00
All these South OC properties are recent additions to the pending sales list in the MLS. Not all may make it to closing, and we won't know what the final sales prices is for a while (we also never will know the full extent of incentives like seller-paid closing costs). Still, these are indicators of the type of activity going on in the local market.Expect some of these to be short sales and REOs. In the case of an REO, the "purchase price" is really the amount the property went back to the bank for.Potential profit/loss assumes a completed sale at the full asking price, minus 6% sales costs, subtracted from the previous purchase price showing in Zillow.29372 Via Acaso, L. Niguel, 92677Last asking price: $654,900Size: 4 beds, 2.5 baths, 2,200 sq ftPurchase price: $773,000Purchase date: 9/30/04Potential profit/loss: $-157,39417 Calle Cangrejo , SC, 92673 Asking price: $699,900 Size: 4 beds, 2.75 baths, 2,400 sq ft Purchase price: $965,000 Purchase date: 7/1/05Profit/loss: $-307,094...
More About: Sales

Former million-dollar Ladera home
2008-01-26 20:06:00
Today we're heading back to Ladera Ranch to check out this huge luxury home that's on the market for well below the value of its peak sale price in 2005. Does this qualify as a McMansion? If not, it's kinda borderline. 3 Franklin Way, 92694 Asking price: $985,000* Asking price/ sq ft: $340Income requirement: $246,250Purchase price: $1,368,500Purchase date: 12/7/2005Size: 5 beds, 3 baths, 2,900 sq ft (built in 2001) MLS: S517613 (14 days on Redfin) 2006 property tax: $8,084HOA dues: $194Type: Single Family Residence Style: Contemporary Stories: Two LevelsLot size: 7,000 sq ftFrom listing: This is a 'wow' house...If ever there was one! Totally perfect with everything you could want! Incredible location next to green open area, on a cul de sac, privacy, no neighbor on one side so it feels open & large! Large lot which is unusual in ladera! Fabulous big kitchen, giant nook or dining, family room & fireplace next to kit...
More About: Dollar , Home , Million

Big discount in RSM
2008-01-26 03:41:00
Update: Readers have informed us that this property is now in the "accepting backup offers" stage.Today's property is a nice big house on a nice big lot in the Trabuco Canyon part of Rancho Santa Margarita. It also nearly doubled in value between 2001 and 2005, and the unfortunate current owner is paying the price for its out-of-control price history. 19031 Willow Brook Lane Asking price: $690,000 Asking price/ sq ft: $276Income requirement: $172,500Purchase price: $885,000Purchase date: 11/7/2005Size: 4 beds, 3 baths, 2,500 sq ft (built in 1990) MLS: S518341 (7 days on Redfin) 2006 property tax: $11,941HOA dues: $102Type: Single Family Residence Style: Contemporary Stories: Two LevelsLot size: 0.38 acresFrom listing: Stunning, unobstructed, 180 degree view. OCEAN view/ Catalina Island as well as mountain and canyon views. Very private Portola Hills lot at high point, end of cul-de-sac. Sunny home with great floorpla...
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Gang problems in South OC?
2008-01-25 22:13:00
Believe it. From the OC Register:South County gang restrictions made permanentA Superior Court judge today made permanent injunctions against 226 alleged members of rival gangs in San Juan Capistrano and San Clemente in an effort to crack down on South County gang violence.The decision by Judge Daniel Didier targets members of the San Juan Capistrano-based Varrio Viejo and the San Clemente-based Varrio Chico gangs. Under the terms of the injunction, alleged gang members can be arrested if they are seen hanging out together, loitering or wearing gang-type clothes in a 1.3-square-mile portion of San Juan and a 2.2-square-mile portion of San Clemente. ...To read the rest of the story, and see a map of the anti-gang zones, click on the link above.
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Foothill Ranch rollback
2008-01-24 16:47:00
It's high time we take a look at what is going on out in Foothill Ranch (ZIP 92610). In case you're not too familiar with the area, it was annexed to Lake Forest in 2000. Foothill Ranch occupies the northeastern part of that city and is close to the old El Toro Marine base.I've only spent a little time out there, but it looks like a nice community. One possible downside is its distance to non-toll freeways. It also recently gained some attention during the Southern California wildfires, since it was briefly in danger. Fortunately, the area was spared.Here's a nice-looking property with a killer backyard pool that's under the real estate gun... 5 Bienvenue Drive, 92610 Asking price: $549,000 Asking price/ sq ft: $390Income requirement: $137,250Purchase price: $660,000Purchase date: 10/7/2005Size: 3 beds, 2.5 baths, 1,407 sq ft (built in 1994) MLS: S499329 (176 days on Redfin) ZipRealty price tracker: Price Reduced: 8/21/07 -- $659,900 to $599,000...
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Asking 22% below previous sale...and not budging
2008-01-24 03:09:00
This Aliso Viejo house is priced $176,000 below the peak 2005 price, and it's staying that way. The property has been on Redfin for 110 days now with one $30,000 price reduction - in late October - and cannot seem to locate a buyer. 4 Laurelwood Drive, 92656 Asking price: $619,000 Asking price/ sq ft: $295Income requirement: $154,750Purchase price: $795,000Purchase date: 7/1/2005Size: 5 beds, 3 baths, 2,100 sq ft (built in 1996)MLS: S508220 (110 days on Redfin)ZipRealty price tracker: Price Reduced: 10/30/07 -- $649,000 to $619,0002006 property tax: $10,207HOA dues: $40Type: Single Family Residence Style: Contemporary Stories: Two LevelsLot size: 4,500 sq ftFrom listing: 5 bed 3 bath, 2100 sq ft. View home!!!Located in the wonderful family neighborhood of california summit!!!!Awesome floor plan with a main floor bedroom and full bath downstairs!!!Neutral colors with family style island kitchen!!!!!Large family room with fi...
More About: Sale

Aliso Viejo looking to get realtors on its side against USPS
2008-01-23 03:30:00
Straight Digs recently posted about how the city of Aliso Viejo is trying to recruit OC realtors to take up its cause against the US Postal Service, which is planning to build a mail-processing facility within city limits. The USPS has apparently proposed a smaller facility than was initially discussed, but Aliso is still not happy about the situation.Some snippets from the letter:"The City of Aliso Viejo strongly opposes the U.S. Postal Service’s plan to build an enormous mail-processing facility on a 25-acre site near homes, a religious facility, preschool, teen center and proposed affordable senior-housing development – despite public claims from the USPS’ that state otherwise. Statements by the USPS to the media, residents and business professionals claim that the new slightly smaller proposal stems from discussions with the City, which is not the case. ..."At least three neighboring cities would likely suffer from through-truck traffic that would alter the traffic pattern...
More About: Realtors , Side

Reality bites in Laguna Niguel
2008-01-22 12:41:00
It's not the only luxury housing development in Laguna Niguel (not even close), but Hillcrest Estates is one of the area's newest. The guard-gated community has 211 homes - "estates" - that range in size from 3-5 bedrooms. The price tags start at more than $1 million.It's becoming more and more apparent that not even this neighborhood will be spared from what is going on in the real estate market these days. Here's an exceedingly sad example of a housing bubble casualty, plus a case of real estate agent over-disclosure all rolled into one. 23676 Marin Way, 92677 Asking price: $1,099,000 Asking price/ sq ft: $345Income requirement: $274,750Purchase price: $1,360,000Purchase date: 1/19/2006Size: 4 beds, 3 baths, 3,185 sq ft (built in 2004) MLS: S515421 (38 days on Redfin) 2006 property tax: $4,136HOA dues: $185Type: Single Family Residence Style: Contemporary Stories: Two LevelsLot size: 6,500 sq ftFrom listing: This ho...
More About: Reality , Laguna Niguel , Reality Bites

Ladera Ranch update
2008-01-21 18:01:00
Ladera Ranch (ZIP code 92694) is a very interesting area for a variety of reasons. First, a good portion of the 8,000-home community was built during the recent real estate boom (starting in 1999), so it's exposed to more extreme fluctuations in value as the bubble inflated and is now deflating. It also features some striking architecture and provides good community amenities. Ladera is very family friendly.The biggest drawback is perhaps its location - the commute can be bad depending on the destination. Homeowner dues also can be high, depending on the neighborhood.Then, there's the natural gas power plant issue that's made news and become a hot issue in the community. Proponents argue it will service the area in peak use times and in case of emergency. They also point out that it's a clean-energy station.Opponents say it's bad for a variety of reasons, among them decreased property values, a "50' exhaust stack - 300' from homes" and that it "opens the door to future indust...
More About: Ladera Ranch , Update

Pending sales in Laguna Niguel
2008-01-20 19:07:00
I'm going to start regularly posting on pending sales around South County to give you an idea of what's moving in this slow real estate market. Today, we're looking at some sample properties in Laguna Niguel (92677 ZIP), which is showing 16 pending sales.Keep in mind though that it's not uncommon in today's shaky lending environment for deals to fall apart at the last minute because of financing issues (among other reasons). So, there is no guarantee all of these will make it all the way to closing.28571 La AlcalaSize: 3 beds, 2.5 baths, 1,360 sq ftLast asking price: $579,900Previous purchase price: $445,000Purchase date: 8/8/03Potential profit/loss*: $100,10627943 Via Del AguaSize: 3 beds, 2 baths, 1,609 sq ftLast asking price: $519,500Prev. purchase price: $187,000Purchase date: 9/15/94Profit/loss: $301,33029546 TeracinaSize: 4 beds, 4 baths, 2,792 sq ft (REO)Last asking price: $799,900Prev. purchase price: $1,000,000 (looks like a refi)Purchase date: 2/2/05 Profit/loss:...
More About: Sales , Laguna Niguel

Video: Realtors know how to sell!
2008-01-19 18:43:00
Our parody of a new NAR radio spot. Enjoy and happy Saturday.
More About: Video , Realtors , Sell

Beat the bank in Laguna Beach
2008-01-18 16:06:00
Sure we've got a mounting foreclosure problem right now, but did you think this kind of thing was going on in a luxury market like Laguna Beach as well? It is... 1170 Miramar Street, 92651 Asking price: $900,000* Asking price/ sq ft: $750Income requirement: $225,000Purchase price: $1,095,000Purchase date: 2/15/2007Size: 2 beds, 2 baths, 1,200 sq ft (built in 1968) MLS: S497355 (184 days on Redfin) ZipRealty price tracker: Price Reduced: 1/03/08 -- $1,100,876 to $900,0002006 property tax: $5,883Type: Single Family Residence Style: Contemporary/Modern Stories: Three or More LevelsLot size: 2,500 sq ftFrom listing: Beat the Bank Pre-Foreclosure, Panoramic ocean views, spectacular north coastline views, Catalina sunsets. Spacious living areas include two remodeled viewing decks, open living room with fireplace, dining area, open kitchen. Good sized bedrooms, master with two closets. Freshly painted interior. Flowering landsc...
More About: Laguna Beach

$186 per square foot in Mission Viejo
2008-01-17 16:59:00
Here's yet another bank property looking for offers. This time, it's one in Missi on Viejo. Perhaps the former owners would have been perfect beneficiaries of Hillary's ludicrous housing "proposal."25472 Maximus St, 92691 Asking price: $599,000 Asking price/ sq ft: $186Income requirement: $149,750Purchase price: $799,000Purchase date: 3/15/2006Size: 5 beds, 3 baths, 3,224 sq ft (built in 1969) MLS: S512354 ZipRealty price tracker: Price Reduced: 12/03/07 -- $699,900 to $699,000 Price Reduced: 12/17/07 -- $699,000 to $650,0002006 property tax: $3,637Type: Single Family Residence Style: Contemporary Stories: Two LevelsLot size: 9,739 sq ftFrom listing: Bank Wants to See Offers Now! 5 Bd, 3 Ba Home with over 3200 square feet of living space on a Large Lot with a Huge backyard that includes a Private Spa, perfect for Entertaining! This is the perfect home to put your personal touches on and at a steal of a price! Located w...
More About: Foot , Mission Viejo , Square

South OC 2007 median prices
2008-01-16 16:51:00
Here are the median home prices for South Orange County through December 2007, as reported by the OC Register. We also compared them to the ending numbers for 2006. The dollar-value and percent changes for each city are also included.
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From the bank...to a buyer?
2008-01-15 17:17:00
Here's a Laguna Niguel bank-owned property that's successfully made the trip to the "backup offers accepted" stage that is eluding so many others right now. Will this make it all the way to closing?If it does, it's going to help re-write the neighborhood comps. And not in a good way.27485 Country Lane Road, 92677Asking price: $839,900Asking price/ sq ft: $310Income requirement: $209,975Purchase price: $1,071,000Purchase date: 11/23/2005Size: 4 beds, 3 baths, 2,713 sq ft (built in 2004)MLS: S5157652006 property tax: $10,876HOA dues: $154Type: Single Family ResidenceStyle: ContemporaryStories: Two LevelsLot size: 5,000 sq ftFrom listing: Bank Owned Nearly New San Juaquin Hills Opportunity Awaits you! Granite Counter Tops and Stainless Appliances. One Bedroom Downstairs with Bathroom. Upgraded flooring and other upgrades. Located in a Guard Gated Commmunity which offers Association Pool and a Spa just up the street. Very Low Assocation dues ...
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Renovation gone awry in San Clemente
2008-01-14 09:06:00
This is what happens when a construction project goes horribly, horribly wrong. Here's a condo in San Clemente that's half-gutted and looking to sell at almost half off the previous transaction price...1 Loma Lane (Unit A), 92672 Asking price: $539,900 Asking price/ sq ft: $337Income requirement: $134,975Purchase price: $990,000Purchase date: 9/15/2006Size: 3 beds, 2.5 baths, 1,600 sq ft (built in 2004) MLS: S514467 2006 property tax: $9,130Type: Condominium Stories: Two LevelsFrom listing: Detached condo close to the beach in San Clemente. Think of the possibilities! Contsruction has been started, now it's yours to finish. Use your imagination and decorator skills to complete this project. Close to downtown, shopping, dining, parks, beach and more.Suggested caption for this photo: "Here...now it's your problem! :)" It's fun to speculate about what might have happened here. Was it an attempted flip gone wrong? Or just a very handy homeowner who got stuck and doesn...
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Video: Analyst's straight talk on housing, economy
2008-01-12 20:28:00
Jay Hatzuis of Goldman Sachs says the chance of a recession this year is "two in three," and explains why he thinks so on CNN on Jan. 9. He also provides his take on the housing market. Hint: "...the housing downturn is nowhere close to the bottom, as far as prices are concerned."Special thanks to a reader for designing the new logo in the intro (soon to be implemented on the blog as well).
More About: Video , Economy , Talk , Housing , Straight

Flippin' for $ in Laguna Niguel
2008-01-10 16:28:00
It's been a while since we profiled what looks to be a very likely flip attempt in South OC. Nothing against the remaining flippers still trying to operate out there; we didn't forget about them. It's just been hard finding any of their properties lately.The MLS is a crowded place these days you know... 25332 Via Piedra Blanca, 92677 Asking price: $675,000* Asking price/ sq ft: $450Income requirement: $168,750Purchase price: $560,000Purchase date: 8/02/2007Size: 3 beds, 2 baths, 1,500 sq ft (built in 1971) MLS: R711857 (75 days on Redfin) ZipRealty price tracker: Price Reduced: 11/08/07 -- $759,900 to $749,000 Price Reduced: 11/20/07 -- $749,000 to $724,900Price Increased: 12/6/07 -- $724,900 to $750,000 Price Reduced: 12/11/07 -- $750,000 to $695,000 Price Reduced: 1/05/08 -- $695,000 to $675,0002006 property tax: $2,252Type: Single Family Residence Style: Spanish Stories: One LevelLot size: 7...
More About: Laguna , Laguna Niguel

Another near-2002 rollback
2008-01-09 18:36:00
Yesterday we profiled an Aliso Viejo condo that was very close to a nominal 2002 rollback. Here's another one in San Juan Capistrano:26522 Paseo San Gabriel, 92675 Asking price: $205,000 Asking price/ sq ft: $237Income requirement: $51,250Purchase price: $355,000Purchase date: 6/09/2005Size: 3 beds, 1 bath, 864 sq ft (built in 1971) MLS: S513270 (50 days on Redfin) ZipRealty price tracker: Price Reduced: 12/14/07 -- $248,231 to $220,000 Price Reduced: 12/21/07 -- $220,000 to $205,0002006 property tax: $3,797HOA dues: $205Type: Condominium Style: Traditional Stories: Two LevelsLot size: 1,200 sq ftFrom listing: BEST VALUE IN THE MISSION AREA AND MAYBE IN ORANGE COUNTY AND SOUTHERN CALIFORNIA!!!!!!!!!! PRICE UNDER MARKET FOR QUICK SALE!!!!!! FORECLOSURE!!!!!!!!! 3bed + 1 bath end unit.Insert observation about excessive exclamation points in description here. Why is it exciting that this is a foreclosure? I'm sure th...
More About: Rollback

Near 2002 rollback in AV
2008-01-08 17:06:00
Was it only a matter of time before we started seeing major price cuts here similar to the ones already underway in the Inland Empire? This listing provides some anecdotal evidence that it's very possible. Check out this 2-bedroom condo in Aliso Viejo with an asking price very close to its 2002 sales price... 46 Carlsbad Lane, 92656 Asking price: $299,000 Asking price/ sq ft: $272Income requirement: $74,750Purchase price: $419,418Purchase date: 11/09/2006Peak purchase price: $490,000Peak purchase date: 5/13/20052002 purchase price: $277,500Size: 2 beds, 2.5 baths, 1,100 sq ft (built in 1996) MLS: P616077 (3 days on Redfin) 2006 property tax: $6,210HOA dues: $229Type: Condominium Style: Contemporary/Modern Stories: Two LevelsFrom listing: WHAT A BUY! 2 BEDROOM TOWNHOME WITH 2.5 BATHS, DIRECT ACCESS TO TWO CAR GARAGE FOR UNDER #300,000 ! ! ! This one won't last. .. ."This one won't last" - famous last words. Actually, I do believe this one has a legitimate shot ...
More About: Rollback

Ads of our times
2008-01-07 16:19:00
Here is a sampling of real estate ads from recent O.C. Registers:
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41% price cut in RSM
2008-01-06 18:33:00
Here's a big-time comp killer condo in Rancho Santa Margarita. There are no photos with the current listing yet since it's pretty new, so the image is a general one of the complex. 215 Pasto Rico, 92688 Asking price: $299,000-$309,000 Asking price/ sq ft: $217Income requirement: $77,250Purchase price: $525,000Purchase date: 6/30/2006Size: 3 beds, 3 baths, 1,426 sq ft (built in 1989) MLS: S516542 (2 days on Redfin) 2006 property tax: $3,878HOA dues: $336Type: Condominium Style: Contemporary/Modern Stories: Two LevelsLot size: 2,701 sq. ft.From listing: 3 bedroom, 3 bath end unit townhouse with tasteful upgrades. Cathedral ceilings, lots of windows, double door entry, direct garage access with driveway, main floor bedroom and bath. Association pool, spa, BBQ, close to schools. .. .Assuming Redfin and Zillow are correct, the 2006 sales price is, quite frankly, insane. Here is the price history:6/30/2006: $525,0008/31/2001: $233,000 6/3/1...
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Eye on "Eyeball '07"
2008-01-04 15:35:00
In case you're following real estate here in Orange County, you've probably also been reading Jon Lansner's blog over at the Orange County Register and reading his "Eyeball '08" - a set of opinions about how the market will fare in 2008.Since he also did this feature last year, we're checking up on some of the posts to see how things panned out. Below is a sampling of interesting tidbits - including some big misses and surprising hits - from Eyeball '07. To kick things off, first is Lansner's column from the December 31 newspaper that sums up some of the expert sentiment.Will '07 housing surprise us all?"...Almost every knowledgeable person in and around the industry whom I've talked with seems to agree on the coming year's outcome: Orange County home values will simply slip - but not tumble - in 2007. Even somewhat outside observers draw largely similar conclusions." ..."O.C. housing circa 1997-2005 was clearly an asset that may have gotten a little too hot. In 2006, we s...

Lake Forest 2003 rollback
2008-01-03 18:41:00
This Lake Forest condo is on the market for $160,000 less than it sold for in 2006, according to Zillow. The asking price also happens to be the same amount the property fetched in 2003. Asking price: $280,000 Asking price/ sq ft: $258Income requirement: $70,000Purchase price: $440,000Purchase date: 4/21/2006Size: 3 beds, 1.5 baths, 1,085 sq ft (built in 1974) MLS: P608426 (61 days on Redfin) 2006 property tax: $3,137HOA dues: $215Type: Condominium Style: Colonial Stories: Two LevelsFrom listing: GREAT OPPORTUNITY FOR THIS 3 BEDROOM, 1.5 BATHROOM, TWO LEVELS, WITH COUNTERTOP GRANITE, TRAVERTINE FLOORS.How would you like to have to share one full bathroom among three bedrooms? Whomever took the photos also forgot to throw in a pic of the granite counters. Shame.As we mentioned above, this property is asking significantly less than the 2006 price. Assuming a sale, the total loss would be $176,800, including 6% sales costs. The nominal depreciation would be 36% (not includin...
More About: Rollback , Lake Forest

Video: Peter Schiff vs. real estate agent
2008-01-03 03:37:00
You've probably seen this one already since it's been making the rounds online, but in case not, "Crash Proof" author Peter Schiff goes toe to toe with a Beverly Hills real estate agent on Fox News about the current state of housing.Guess who wins...
More About: Video , Agent , Estate , Real Estate , Real Estate Agent

$265k off peak in San Clemente
2008-01-02 17:55:00
Another day, another South Orange County REO property. This one's in Talega, and it's been sitting on the market since the end of August. Is a buyer going to put this thing out of its misery any time soon? 17 Calle Cangrejo, 92673 Asking price: $699,900 Asking price/ sq ft: $292Income requirement: $174,975Peak purchase price: $965,000Peak purchase date: 7/01/2005Size: 4 beds, 2.75 baths, 2,400 sq ft (built in 2000) MLS: S503368 (125 days on Redfin) ZipRealty price tracker: Price Reduced: 10/03/07 -- $789,900 to $749,900 Price Reduced: 11/08/07 -- $749,900 to $724,900(Price was also reduced on 12/20 to $699,900)2006 property tax: $12,358HOA dues: $149.50Type: Single Family Residence Stories: Two LevelsLot size: 6,000 sq ftFrom listing: Beautiful Home, Gourmet Kitchen with Center Island, Family Room with Fireplace, Formal Dining, Nice size back yard with built in BBQ. Large Bonus Room off entry.Doesn't...
More About: San Clemente

Video: 2008 real estate outlook
2008-01-01 10:22:00
Enjoy this video from Real ty Times that previews the real estate market in the coming year - with some added visual commentary from us, of course.Happy New Year and best wishes to everyone in 2008.
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The magic number is 38
2007-12-31 19:13:00
Both of these San Juan Capistrano condos are priced at 38% off their peak 2005-2006 prices. The second is REO, and the first seems to be one as well, judging by the transaction history. Happy condo hunting!26466 Calle S. Antonio #102, 92675Asking price: $244,700 Asking price/ sq ft: $273Income requirement: $61,175Peak purchase price: $395,000Peak purchase date: 9/19/2005Size: 2 beds, 1 bath, 897 sq ft (built in 1971)Days on Redfin: 52$ decline from peak: $150,300From listing: Two bedroom one bath condo in disirable community featuring tile kitchen floor, one car garage, and enclosed patio. Close to freeways, schools, and shopping. 26448 Paseo Pamela, 92675Asking price: $207,500 Asking price/ sq ft: $241Income requirement: $51,875Peak purchase price: $335,000Peak purchase date: 3/24/2006Size: 2 beds, 1 bath, 860 sq ft (built in 1973)Days on Redfin: 2$ decline from peak: $127,500From listing: Great opportunity in the city of San Juan Capistrano!!! Located jus...
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