PORTOLA HILLS LIVING by Kelly Turbeville

South Orange County and communities like Portola Hills are rated in the top 10 cities throughout California. I am sure agree we want to keep it that way.  Unfortunately every day it seems we see more fraud, regulations and such that are putting our communities in jeopardy.  I have had enough.. so if you follow along you know I have been speaking up to our representatives and candidates about how they are going to hold Sacramento accountable to the people. It really has been eye opening.  A perfect example of this is what happened with Prop 36.  70% of Californian's voted together, Democrats, Republicans, Independents that we wanted stronger law and order and to reverse the horrible Prop 47/57 that made crime a misdemeanor.  70% of people said yes to Prop 36 and it passed.  But today the law is not being funded. Who's job is it to make sure it is, our state Attorney General. This is just one example but a perfect one.  Another one is the recent rewrite ...

August was a quiet month for closed sales in Portola Hills, but there is a little more happening beneath the surface than the sales numbers suggest. Only three homes closed escrow during August , and those three sold quickly, averaging just six days on the market . At first glance, that might make you think homes are flying off the market. They’re not. The homes currently available for sale have been sitting for an average of 57 days , while the homes currently in escrow averaged 77 days on the market before finding a buyer. That tells us something much more interesting about the Portola Hills market.  Buyers Are Making Decisions In my last market report, we were watching 37 homes available for sale in Portola Hills. Since then, 17 of those homes have gone into escrow. That is nearly half of the inventory we were watching. So while closed sales were quiet in August, buyers were out shopping. But they weren’t rushing. And that distinction matters, because for the past several yea...