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Showing posts with the label olivia belasco

Was there really a 28% increase in Portola Hills Home Values?

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We just finished up our review of the Portola Hills real estate market for September and it was hot, hot, hot!!   Both home values and sales volume were higher last month then the same time period in 2017.    This is slightly different then the rest of the OC real estate market.   Though we are starting to see a slight shift towards a balanced market and homes are taking longer to sell, we did not see a decline in pricing. Search Available Portola Hills Homes Below is a snapshot of the Portola Hills real estate market in September Looking at the current real estate market, we see plenty of opportunity for both sellers and buyers.  Thus why it is called a balanced market.  Honestly, if you are thinking of moving up and/or downsizing, today's real estate market offers you the opportunity to take advantage of the equity you gained the last few years and now provides more buying power.  Especially before interest rates rise in 2019. What's the Value of my Porto

Portola Hills Real Estate Snapshot for July 2018

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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 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 dolla