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Showing posts with the label The oaks at portola hills

Portola Hills Sellers Receive over $365,000 in Profit in March

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We are sure you have heard, the OC real estate market is hot, hot, hot!  In this months monthly market report we went a bit further to understand exactly how hot and we thought this was important for our clients to know.  In March, sellers who sold their Portola Hills homes, received an additional $365,000 in profit.   What does this mean? This is the profit sellers received above their listing price!  Example: A Live Oak Canyon Home Pool Home Listed for $1,099,000 Sold for: $1,150,000 Extra Profit: $51,000 It is accumulative, but looking at what $$ sellers received they averaged about $30,000 over list price.  It's also important to note; not all sellers received this, some homes sold at list price or sold just slightly over list price. This is one of the reasons we say be careful who you list with.  In order to achieve higher profit results, we highly recommend working with an experienced agent who has navigated this type of market before.  Below is a look at the overall Portol

Portola Hills 2020 Real Estate Review

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We bet you're happy 2020 is behind us!  What a crazy year, is all we can say!  We hope that you and your families were not impacted to harshly by it.  We took a look at how 2020 impacted the Portola Hills Market and all we can say is, who would have thunk (yes thunk) the real estate market would have been so strong!  I guess all that time at home, sparked buyers ideas that it is now time to move!  Did you make a move, or think you would like to? Below is a snapshot of how the Portola Hills Real Estate market performed for the the entire year!   What is the value of my Portola Hills Home? Overall the Portola Hills real estate market was very strong with 18% in sales volume from 2019, with 172 homes sold in 2020.   The most expensive home sold in the community was for $1.8 million in The Oaks and the least expensive was $335,000 in the Canyon View community.   Home values were up in both single-family and attached homes, but we have to look at this with an objective eye, as many of t

Welcome to GPS real estate group and Portola Hills Realtor Nancy Bishay

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I am super excited to introduce our newest team member and neighbor to Portola Hills, Realtor Nancy Bishay.  Nancy is a former teacher who has moved to the area and will be working with our team at GPS real estate group at Keller Williams in our new Lake Forest office. If you are thinking of a move, you will now have a successful team behind your home sale.  We have been selling homes in the area since 2004 and is the only Real Estate blog dedicated to our clients.   Our strength in understanding what Portola Hills home sellers and buyers want is unsurpassed.  We are happy to further build this strength with Nancy's help!! Contact Nancy direct at NancyBishay.kw.com

2018 Highest Priced Homes in Portola Hills

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The Portola Hills community in Lake Forest has seen a huge change on the real estate landscape with the addition of several new home communities. The Oaks and Iron Ridge are in full sales, with The Oaks beginning to sale in late 2017 and the Iron Ridge early 2018.   These new additions are selling well.  The Oaks would be considered luxury properties with the square footage ranging from 2600 square feet to over 5200.  Comprised of seven distinct neighborhoods, all within a private gated community featuring tree-lined streets and premium views, outdoor recreational spaces within our community including a Central Neighborhood Park and Swim Club, a large 5-acre public park with recreation and sports fields and three neighborhood parks.  Iron Ridge , the newest community is comprised of six distinct neighborhoods, ranging from Townhomes to large Single Family, ranging in size from 1100 square feet to over 3800 square feet. Each residence offers superb craftsmanship and spacious e

Can I use a Realtor to buy a New Home and should I?

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Here in South Orange County, we have several new communities popping up. Locally we have  Baker Ranch ,  The Oaksat Portola Hills ,  Skyridge in Mission Viejo ,  Camden Square inFoothill Ranch  just to name few.   This is good, as resale inventory is very tight.   However, it is also an area that Home Buyers often do not think they can use a Realtor to assist them with finding a home or to negotiate terms.   Buyers often will pop in as they are driving around, fall in love and then maybe contact their local agent once they decided or have placed and offer.  The problem here is it is too late.   If you have already visited the property and registered most new home complexes will think of you as their client and will not let you use a agent.   Below are some tips of why it is a good idea to use an agent when looking at new homes: 1.   The Overall Real Estate Market:   Though new home pricing is going to be typically higher than resales, understanding the market trends is k