Places Within Walking or Biking Distance of Your Potential Griffin Home

June 27th, 2016

Family biking - paid

Moving to a new home can be an exciting experience, especially if you are moving several hours away from where you previously lived. If you are the sort of person who likes to bike or walk places, along with the excitement of your new home can come the worry that there will be nothing fun to do within walking or biking distance of where you will now live. If you are considering a move to Arcadia, and you want to be able to walk or bike to places near your home, Griffin might be the perfect community for you.

Education

If you have a pre-k or kindergarten child, Wonder Years Montessori School is directly across the street from Griffin, making it a convenient daily walk to drop your child or children off at school. Most reviewers on both Yelp and GreatSchools highly praised the school, many saying that the school helped their child or children to succeed in higher levels of education. Read More >

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Discover Yorba Linda Trails Urges New Home Builders in Southern California

June 20th, 2016

Trail - paid

When you buy a new home, you’re not just buying a structure in a development, but settling into a community. You want you and your family to feel a sense of pride about where you live, so you can hold head up high when you invite friends over or mention an address to a repair person.

The Challenge

Discover Yorba Linda Trails” gives you a good sense of what the small city is all about. As reported in the Yorba Linda Star, Mayor Tom Lindsey introduced this challenge last month to encourage residents to discover over 100 miles of local trails. Read More >

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Buyers Find Shortages Amid Increases in Orange County Real Estate Prices

June 13th, 2016

Lake House - Private Street Elevations

This should be the best of time for buyers of OC real estate. The local economy is buoyant, unemployment is minimal, interest rates are still low and prices are going up.

Sellers Market

All this means good news if you’re trying to sell your home. The average market time for home sales in Orange County is 60 days. Anything under 90 days a considered to be a “seller’s market.” The top five county communities with the fastest sales times are the following:

Cypress at only 17 days. The average asking price of homes here runs $688,768 with 27 percent fewer homes than last year.

La Palma at 20 days with an average asking price of $644.959. Supply here dropped by 56 percent.

Portola Hills at 22 days, averaging $760,937 and a 27 percent decrease in supply.

Stanton at 23 days has an average price of $428,703 with a 41 percent supply drop.

Foothill Ranch at 26 days, averaging $607,943 with a 10 percent decrease in supply. Read More >

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StreetInsider.com: “Demand High as Brandywine Begins Model Construction at Lakehouse, a 20-Unit Community in Anaheim, California”

June 7th, 2016

As model construction gets under way, demand is already very high for homes at Lakehouse, a 20-unit community on 3.6 acres located at 2901 E. South Street in Anaheim, Calif., which is being developed and built by Brandywine Homes.

“Interest for Lakehouse is growing faster than expected,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “With relatively few new homes available in Anaheim, our location along the Santa Ana River and associated nature trails as well as easy access to local freeways is hitting a note with potential residents.”

Designed by Pate-Smeall Architects, this one-of-a-kind community, located in the heart of Orange County, will offer 20 detached single-family homes ranging from 2,200 to 2,750 square feet on lots ranging from 3,650 to 7,662 square feet. With four architectural styles to choose from — two Craftsman models, Ranch Hacienda and Spanish — the stucco homes will have clay or concrete roofing tiles and two-car garages. Read More >

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Yahoo! Finance: “Demand High as Brandywine Begins Model Construction at Lakehouse, a 20-Unit Community in Anaheim, California:

June 7th, 2016

As model construction gets under way, demand is already very high for homes at Lakehouse, a 20-unit community on 3.6 acres located at 2901 E. South Street in Anaheim, Calif., which is being developed and built by Brandywine Homes.

“Interest for Lakehouse is growing faster than expected,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “With relatively few new homes available in Anaheim, our location along the Santa Ana River and associated nature trails as well as easy access to local freeways is hitting a note with potential residents.” Read More >

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DEMAND HIGH AS BRANDYWINE BEGINS MODEL CONSTRUCTION AT LAKEHOUSE, A 20-UNIT COMMUNITY IN ANAHEIM, CALIF.

June 7th, 2016

Brandywine-Lakehouse Construction Photo

Brandywine – Lakehouse Construction

Interest Growing Faster than Expected for New Community Bordering Santa Ana River and Nature Preserve in the Heart of Orange County

 ANAHEIM, Calif. – As model construction gets under way, demand is already very high for homes at Lakehouse, a 20-unit community on 3.6 acres located at 2901 E. South Street in Anaheim, Calif., which is being developed and built by Brandywine Homes.

“Interest for Lakehouse is growing faster than expected,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “With relatively few new homes available in Anaheim, our location along the Santa Ana River and associated nature trails as well as easy access to local freeways is hitting a note with potential residents.” Read More >

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Learning from the Peak of Orange County Home Sales in 2007

June 6th, 2016

real estate - paid

For the first time in nine years, the median selling price for Orange County homes hit $645,000 again, according to CoreLogic, as reported in the Orange County Register. Prices went from that amount in June 2007, dipped and then recovered in April 2016. Along the way, home sellers and buyers, real estate agents, mortgage lenders, and housing investors have learned a few lessons.

Pricier is Better

Homes above $645,000 recovered more quickly because buyers of these homes typically did not go for the trickier mortgage scenarios that were available back then. These homeowners generally benefited from better income and financial management, made bigger down payments, and settled for more conventional loans. So prices in these high-priced neighborhoods did not fall as far when the real estate bubble burst.

In contrast, cheaper homes, with prices under the median $645,000, recovered far more slowly because buyers of these properties generally did not have large down payments and often needed special consideration to qualify for a mortgage. Consequently, when the bubble burst, many of these homes went into foreclosure or were abandoned. Their prices dropped precipitously, which demanded a longer and steeper climb back up. Read More >

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