Tuesday, August 14, 2018

Portola Hills Real Estate Snapshot for July 2018

There is a lot happening in Portola Hills in regards to Real Estate.  New homes being built, new communities added that all impact your home values.  So we took a look at how the market performed in July.   Take a peek! 

Portola Hills July 2018 Real Estate Snapshot by Realtor Kelly Turbeville

Portola Hills saw a 10% increase in pricing from the same time last year on single-family homes. However, on the Condo/Townhomes pricing was flat.  Which honestly makes no sense to me, as demand is extremely high.   There is certainly room for pricing growth on the attached side of the market.   

What is the value of your Portola Hills Townhome?

The big story in July is Sales Volume, which was down 38% from the same time last year.  Why? It could be just a seasonal shift or that we saw an increase in sales before the new homes came into the area.  After all it is not fun competing with new homes sales in your backyard.  Buyers love to look a pretty new houses, so your house has to compete, otherwise the minute buyers walk in they begin deducting dollars that it will take for them to get your home similar to that new home they just saw.

Search Portola Hills Available Properties

If you are thinking of a move, don't hesitate to give our team a call.   We have been successfully been selling homes in Portola Hills since 2004.  

Speaking of team, I wanted to introduce you to Realtor Olivia Belasco.   We are super excited to have her as part of the GPS real estate group.  She will be working with Kelly Turbeville in Portola Hills as well support our customer base in Foothill Ranch. 

  If you are thinking about buying your first home, Olivia has a passion working with First-Time Buyers and First-Time Sellers, as well the Single Home Buyer and or Seller. Why, she understands it is a huge step and is committed to walk our clients through every step.  Don't hesitate to reach out to her for any questions about the market.

Check out our newest listing in Trabuco Canyon!!

Just Listed - 3 Abilene Dr Trabuco Canyon

Sunday, June 17, 2018

Why is there a Month for Homeowners?

Did you know June is recognized as Homeownership Month.   Do you remember that feeling when you bought your first home, or are you dreaming of such.   There is no doubt homownership offers an array of benefits both tangible and intangible.  It that why it called the American Dream! 

Below is a quick look at some facts that about the benefits of Homeownership.

• 86 percent of current renters want to own a home in the future.

• Homeowners bring stability to neighborhoods. Homeowners move far less frequently than non-owners, and hence are embedded into the same neighborhood and community for a longer period.

• The average child of homeowners is significantly more likely to achieve a higher level of education and, thereby, a higher level of earnings.

• While both homeowners and non-owners may aspire to be engaged parents, homeowners likely live in neighborhoods with more opportunities for school involvement or participation in neighborhood activities.

• Homeowners report better physical and psychological health than the average non-owner.

• Homeowners are far less likely to become crime victims than non-owners.

• Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes. Source: National Association of REALTORS®

• The median net worth of homeowners increased 15 percent between 2013 and 2016, whereas that of renters or other non-homeowners fell 5 percent.

• The average homeowner’s net worth is 44 times that of the average renter. Source: The Federal Reserve

• Homeownership is seen as providing more stability and control over one’s living environment.

• Homeowners are thought to be more secure than non-owners since they were not subject to landlords raising the rent or not renewing the lease.

• Fixed-rate mortgages may decrease housing costs over time relative to inflation. Source: Joint Center for Housing Studies at Harvard University

• Purchasing a home can improve your credit score through consistent mortgage payments.

• Additionally, credit bureaus give more weight to mortgage payment history than to credit cards or other more temporary accounts.

• Rental payments may not be reported, so mortgage payments give you an extra account on your credit report. Source: TheMortgageReports.com

Search Available Portola Hills Homes!

As a Realtor, nothing brings us more pleasure then to help someone find and purchase their home.  To watch them begin their community and the relationships they establish is amazing to watch.   If you are thinking of purchasing your first home, or maybe your in the position where you are looking to move up or downsize, please do not hesitate to contact us at GPS Real Estate Group.  Our goal is simple it is you.  We focus on your goals and priorities and add our winning strategy to ensure you goals are met!  

Kelly has been helping first time buyers, single buyers and sellers for the past 15 years in Orange County.  She understands taking the step towards homeownership is a BIG DEAL and she likes nothing more then to help you along that path.  Even if you are ready now, if homeownership is one of your goals, don't hesitate to give us a call to review your goals.  As they say planning makes perfect!

Monday, April 2, 2018

There is no fooling how the new communities in Portola Hills are impacting pricing.

If you have drove through Portola Hills, you will notice the building of the new communities is in full effect.   All positive for the community with the addition of new parks, shopping and trailways.  But how does it impact values   Below is a summary of what sold the first quarter of this year in Portola Hills.  As of this time no, new homes show closed in the last quarter.   However, currently there are 24 homes active in Portola Hills and 22 of them are all new builds.  This means the inventory is increasing, the area typically has less then 10 homes available this time of year.

Below is a look at how the real estate market performed.
Portola Hills Real Estate Values by Realtor Kelly Turbeville

If you are thinking of a move this year, now truly is the time to list your home.  As more inventory comes available this will impact your home.   Certainly we should see values increase but that really depends on the mix of homes and often times we see resales take a dip in pricing, until the sale through of the new homes is complete.   Why, everyone loves pretty new homes!   Buyers will be comparing your home to those lovelies and to a certain degree it must compete.  

Search Portola Hills Available Homes

However, in any real estate market, pricing is subject to shift and with the new inventory, increased interest rates on the horizon buyers are wanting to buy now.  That means you have a huge opportunity to get your home sold now before both these events take place on this hill.

What's the Value of my Portola Hills Home

Of course we would love to help you get your home sold.  We have buyers calling us daily looking for homes in the area and are currently building our interest list.   If you would like to include your home on our list for potential buyers, please do not hesitate to contact us.

Other information you may find helpful:
Keller Williams Mission Viejo the only OC Real Estate Office in Real Trends Top 500
Keller Williams noted as #1 Real Estate Firm in the Country
Competition is Coming

Thursday, October 19, 2017

There is nothing spooky about the Portola Hills real estate market!

As you can see up the market continues to have price increases with the average price of a detached home in Portola Hills in September was $899,000 and for attached homes the average price was $473,000 up 11% from September 2016.

Portola Hills Real Estate Market Recap by Realtor Kelly Turbeville

What's the Value of your Portola Hills Home

The big news for Portola Hills is the new development that are currently selling new homes.  The Oaks now in phase 4 and models opening soon for Iron Ridge.  Residents who are thinking of moving, should keep these developments in mind as competition.  In order to capture the buyers away from these homes, your home will need to be presented beautifully and priced well.  After about a year, resale homes will be able to take advantage of these sales in your pricing strategy.

Exclusive Portola Hills Home Search

If you are thinking of a move, don't hesitate to give us a call.   Our goal is to develop a marketing plan that brings you top dollar for your home.  We just put into escrow a great condo in the Montecido complex, sold the first weekend with multiple offers.  Which tells us demand is very strong!  

Wednesday, October 11, 2017

Off to Escrow We go on this Lovely Montecido Townhome

Our listing at 28385 Pueblo Dr, in the Montecido complex of Portola Hills has gone into escrow.  This lovely home was priced right at $485,888 and received multiple offers and went into escrow on day 3 of the listing! Congratulations to our Sellers!  

28385 Pueblo Dr. Trabuco Canyon,  Ca 92679

This home was a must see! Upgraded, move-in ready and a great value for first-time homebuyers, emptynester's and Millennial's alike! Its charming 2 story, 3-bed, 3-full baths (with bed/bath on ground floor and 2 master suites upstairs), 1300 sq ft. boasts high cathedral ceiling and over-sized windows making it bright and airy. It has a big, private backyard for summer BBQs, as well as an attached, direct access 2 car garage. Some of the features include upgraded kitchen, refurbished bathrooms, laminate wood floors, newer carpets, new garage door and water softener, just to name a few. Nearby shopping, restaurants, toll road, walking trails and walking distance to award winning schools. Low HOA dues and NO MELLO ROOS! 

The Montecido Complex in Portola Hills is a sought after community. There are three hundred units in the community with 4 floorplans, ranging is size from 1015 square feet to 1303 square feet.  Amenities include: pool, spa, fitness room, playground and Clubhouse all for only $220/Month.

If you are a resident of Montecido in Portola Hills, don't hesitate to give Kelly Turbeville a call.  As a previous resident of the complex and an active agent she is an excellent resource to get your home sold.  Make sure to Download our FREE Portola Hills Seller's Eguide or Request your FREE Home Value Report.  We currently have several buyers looking for the Plan D model, so don't hesitate to give us a call today!

Monday, August 14, 2017

Portola Hills July Home Value Review

Hard to believe we are half way through the year in 2017.   Time sure does fly by, so I hope you have been able to take some time and enjoy summer.   We have been busy with real estate as the market hasn't slowed down one bit, which is not typical for this time of year.  July and August are generally our slower months, as buyers and sellers are distracted by summer fun.   

Below is a look a how the real estate market performed in July in Portola Hills.

Portola Hills Home Values July 17 by realtor Kelly Turbeville

As you will note pricing is up 6% from this time last year, we also have more homes on the market with 15 vs 9 in 2016.  Homes are taking on average about 16 days to sell in Portola Hills.   However, I would anticipate that creeping up in August as summer distractions kick in high gear in August with last minute vacations and back to school.

What's the Value of my Portola Hills home?

Looking at the active inventory available in Portola Hills currently it is good to see more homes come on the market in the $400-$600k range.  Homes priced in this range are HOT, HOT, HOT throughout the county. Inventory is very low. But that doesn't mean seller's can overprice their home.  Homes priced over the market still tend to stay on the market long and result in price reductions.   Pricing your home right at the beginning is what brings you top dollar with multiple offers!

If you are thinking about a move, don't hesitate to give our team a call.  As you can see we strive to provide you with what is truly happening in the market so we that can meet your goals and successfully sell your home!  

Other Portola Hills News...

We are hosting our Second Neighborhood Wine Tasting this Saturday.  Join us..

Sunday, July 30, 2017

End of Summer Calendar of Events throughout Orange County

Yes, I said it!  End of summer... Can you believe we are entering into August in two days!  It has been a great summer but if you haven't had a chance to get out and enjoy the community, take a peek at the list of events we put together for community happenings throughout Orange County..

Garden Grove Free Summer Concerts   Through Aug. 10
The Garden Grove Community Foundation and the City of Garden Grove bring the Free Summer Concert Series. Food is available for purchase. No EZ-Ups, umbrellas, or golf carts allowed. Dogs are allowed, if they are on a leash. Thursdays 6:30-8:30pm / Eastgate Park
714-741-5000 / www.ci.garden-grove.ca.us

Cypress Concerts on the Green   Through Aug. 12
Festival seating, picnics, families and lawn chairs encouraged. Food and desserts will be available for purchase at all concerts. Alcohol and smoking of any kind are prohibited.
Saturdays 6pm / Cypress Civic Center/Library/Tennis Courts
714-229-6700 / www.cypressca.org

Irvine Sizzlin’ Summer Concerts   Through Aug. 13
Every Sunday, grab your lawn chairs, picnic baskets and dancing shoes for an evening of music in the park. Gourmet food trucks will also be onsite, with a portion of the proceeds benefiting the Irvine 2/11 Marine Adoption Committee and other Irvine nonprofit organizations.
5:30pm / Mike Ward Community Park
949-724-6606 / www.cityofirvine.org

OC Fair   Through Aug. 13
The largest fair in Southern California, the 23 day event features over 150 events, thrilling carnival rides, interactive exhibits, live entertainment and delicious food creations.
714-708-1500 / www.ocfair.com

Stanton Concerts in the Park   Through Aug. 16
Concert events are FREE for everyone to enjoy! Non-profit food vendors will be on hand with delicious food and snacks. Music genres vary every week so check our calendar for band details.
Wednesdays 6-8pm / Stanton Central Park
714-890-4270 / www.ci.stanton.ca.us

Brea Concerts in the Park   Through Aug. 16
This is a family-friendly and dog-friendly event. North Hills Church will return with their legendary barbeque tri-tip.
6:30pm / City Hall Park    www.ci.brea.ca.us

Yorba Linda Concert in the Park   Through Aug. 20
Every Sunday, pack a picnic basket and come on down for some great music with family and friends.
5:30-7pm / Hurless Barton Park Amphitheater 
714-961-7100 / www.ci.yorba-linda.ca.us

Dana Point Summer Concert Series  Through Aug. 20
Featuring two bands each Sunday. Food and beverages available for purchase. 2:30-6pm / Sea Terrace Park   www.danapoint.org

Seal Beach Summer Concert Series   Through Aug. 23
Every Wednesday during the summer.
6-8pm / Eisenhower Park at the Seal Beach Pier
562-799-0179 / www.sealbeachchamber.org

Festival of Arts   Through Aug. 31
The show features the original artwork by 140 award-winning artists from Orange County. Special art-related attractions and special events such as jazz concerts, wine and chocolate pairings, and guided and audio art tours throughout the eight-week run provide entertainment for all.
10am-11:30pm / 650 Laguna Canyon Road, Laguna Beach
949-494-1145 / www.foapom.com

Pageant of the Masters   Through Aug. 31
On each evening of the Festival of Arts summer schedule, ticket holders are amazed and enchanted by ninety minutes of tableaux vivants (living pictures), incredibly faithful re­creations of classical and contemporary works of art, with real people posing to look exactly like their counterparts in the original pieces.
8:30pm / 650 Laguna Canyon Road, Laguna Beach 
800-487-3378 / www.foapom.com

Huntington Beach Concert Band Summer Series   Through Sept. 3
Bring out your lawn chairs, blankets, and picnic basket for this Huntington Beach tradition! The HB Concert Band hosts a free eleven-week series featuring various music groups, such as concert bands, Latin bands, and swinging Big Bands.
5pm / Central Park Bandstand   www.hbconcertband.org

Sawdust Art & Craft Festival   Through Sept. 3
Located in a beautiful eucalyptus grove, visitors experience the creativity of more than 200 local artisans.
10am-10pm / 935 Laguna Canyon Road, Laguna Beach
949-494-3030 / www.sawdustartfestival.org

Sunset Jazz at Newport   Through Sept. 20
Wednesday night will feature some of the most popular artists from the Newport Beach Jazz Party and The Jazz Cruise!
6-8:30pm / Newport Beach Marriott Hotel & Spa
949-759-5003 / www.sunsetjazzatnewport.com

Surfing Walk of Fame Induction  Aug. 3
Join us as we celebrate the achievements of surfing legends. This year’s event includes the induction ceremony on Main Street in front of Jack’s Surfboards in downtown Huntington Beach, followed by a Gala Luncheon at Pier Plaza.
9am-2pm / Huntington Beach   www.surfingwalkoffame.com

Dog Days of Fullerton   Aug. 3
Takes place during the Fullerton Market and includes specialty dog-related vendors, and dog contests for prizes on the main stage. A DJ will entertain during the event. Hot food, artisan craft vendors, kids activities and a beer and wine garden.
4-8:30pm / Fullerton Downtown Plaza
714-738-6545 / www.cityoffullerton.com

Shakespeare in the Hills   Aug. 4-5 & 11-12
This summer’s production of Romeo & Juliet transports the well-loved story to 1845 and the conflicted world of Alta, CA. In this world, the local rancheros of old Mexico are dealing with the American immigrants who’ve moved into the province.
7-9pm / Laguna Hills Community Center & Sports Complex
949-707-2680 / www.ci.laguna-hills.ca.us

Surf City Pickleball Tournament   Aug. 4-6
This double elimination format competition is a USAPA sanctioned event and will be the first held in Huntington Beach.
Murdy Park: 7000 Norma Drive   www.usapa.org

La Habra Corn Festival   Aug. 4-6
Rides and attractions, independent food, game and craft booths, a market place, live music, a car opportunity draw contest and Miss La Habra, the club queen and her court!
Fri 5-11pm, Sat 9am-11pm, Sun 10am-9pm / El Centro/Lions Park
562-260-3750 / www.lahabracornfestival.com

Laguna Niguel Summer Concerts   Aug. 4 & 18
Come enjoy a free concert in our beautiful amphitheater. Food and dessert will be available for purchase from gourmet food trucks. The food trucks available this concert series will be Soho Taco and the Cut – Handcrafted Burgers. 6:30-8:30pm / Crown Valley Community Park
949-425-5100 / www.cityoflagunaniguel.org

La Palma Concerts in the Park   Aug. 5
This summer series of musical concerts and fun invites you to gather family and friends, bring a picnic, relax, and enjoy.
6:30-8pm / Central Park-Pavilion   www.cityoflapalma.org

Furry Friends Pet Fair   Aug. 5
Does your dog or cat need their vaccinations? Do you want them micro-chipped? Is your dog license up-to-date?  This is the time to check off these pet parent tasks.
9am-12pm / Alisa Viejo Aquatics Center and Vista Park
949-425-2550 / www.cityofalisoviejo.com

Relay for Life of Westminster   Aug. 5-6
Relay for Life is the world’s largest and most impactful fundraising event to end cancer.
11am-11am / Westminster Civic Center   www.relayforlife.org

OC Fair Fun Run 5K   Aug. 6
A family friendly event equipped for all ages. Come for fun for the whole family with games, prizes, and lots of fun!
8-11am / OC Fair Grounds   www.ocfair5k.com

Lobsterfest at Newport Beach   Aug. 6
While feasting, you will enjoy live entertainment on our beachfront stage from West Coast Party Crashers. All proceeds benefit Make-A-Wish Orange County and the Inland Empire and provide scholarships for Leadership Tomorrow | Orange County.
3-8pm / Newport Dunes Waterfront Resort & Marina

Emergency Expo, Summer Concert & National Night Out   Aug. 6
Together with our summer concert series, attendees will enjoy an all-day event which includes large equipment displays by the Orange County Fire Authority and the Orange County Sheriff’s Department.
10:30am-8pm / Sea Terrace Park, Dana Point
949-248-3536 / www.danapoint.org

Fiesta Music Festival   Aug. 13
Activities for the whole family, including food and game booths sponsored by local nonprofit organizations, three stages with continuous live music throughout the day, contests for all ages, a salsa challenge, arts & crafts show, business expo, children’s rides, action sports expo & exhibits.
9am-7pm / Downtown San Clemente
949-492-1131 / www.scchamber.com

Dana Point Lobster Fest   Aug. 18
Hosted by Monarch Beach Sunrise Rotary Club. Enjoy gourmet appetizers, no-host bar, fresh east coast lobster, smoked tri-tip steak, desserts, live music and dancing.
4pm / Doheny State Beach   www.danapointlobsterfest.org

Tomato & Pepper Tasting   Aug. 19
Taste dozens of incredible home tomato varieties, including incredible heirlooms, giant beef-stakes, colorful purples, golds and stripes, super sweet cherries and many more.
8-9:30am / Roger’s Gardens, Corona del Mar
949-640-5800 / www.rogersgardens.com

Color Vibe 5k   Aug. 19
Get your friends and family stretched out for this amazing color blast event where you’ll get blasted with color while you run the Color Vibe 5K.
9am / Fountain Valley Sports Park

Pacific Wine & Food Classic   Aug. 19-20
This festival delivers with Summer Inspired Tastings, Exquisite Wines, Hand Crafted Cocktails and Culinary Entertainment on the scenic waterfront stretch of the upper Newport Bay.
2-5pm / Newport Dunes Waterfront Resort & Marina

San Clemente Arts and Crafts Show   Aug. 19-20
Find an array of unique fine arts from paintings, handcrafted jewelry, ceramics.
9am-5pm / Community Center: 100 N. Calle Seville
949-498-9714 / www.scartassociation.com

Plum Festival   Aug. 20
Admission is FREE enjoy everything plum!! Plum Cake, Crepes, Jam, Martini, Berliners, Strudel & more. Doors open at 1pm, Band starts at 2pm and Dachshund Races at 3pm.
2-6pm / Old World Village, Huntington Beach
714-895-8020 / www.oldworld.ws

Senior Fitness Expo   Aug. 25
Take control of your health and fitness at expo, which includes health screenings, nutrition information, demonstrations and a wide variety of the latest health and fitness products.
9am / Rancho Senior Center: 3 Ethel Coplen Way, Irvine
949-724-6800 / www.irvineseniors.org/expo

FAM 4th Annual Golf Tournament   Aug. 25
Family Assistance Ministries. Hunger & Homeless Prevention.
12:30-5pm / San Clemente Municipal Golf Course
949-492-8477 / www.family-assistance.org

Rancho Mission Viejo Rodeo   Aug. 26-27
The richest 2-day rodeo in the nation with a purse totaling over $200,000. The top 30 rodeo contestants in saddle bronc and bareback riding, tie-down roping, steer wrestling, bull riding and team roping will come to San Juan Capistrano.
Rancho Mission Viejo Riding Park, SJC  www.rmvrodeo.com

Elvis Festival   Aug. 27
A full day tribute to the King of Rock ‘n’ Roll! Featured stage shows from Kirk Wall, Martin Anthony, Danny Jacobson, Kat Ferguson, Krazy Kirk & The Hillbillies, Scot Bruce & Band, and more! Elvis singing competition.

9am-6pm / 12911 Main Street   www.ci.garden-grove.ca.us

Remember as you are out enjoying the community, we are here to help you with your housing needs.   Thinking of a move, now is great time to sell.  Inventory remains exceptionally low.  The real estate market needs your home. Especially if it is priced below the median price of $750k.   Not sure the value of your home, then make sure to use our Home Value Analyzer.  It is instant review of what is selling your area and it is FREE!