PORTOLA HILLS LIVING by Kelly Turbeville

Looking at the numbers, this am for my monthly client update and we certainly see a market shift!  The number of available homes in Portola Hills has nearly doubled in the past month. We’re currently seeing 22 active listings and 5 under contract, which translates to about 4 months of inventory on the market.   As we step into the busy spring selling season, competition is heating up. If you're thinking about selling, strategic pricing and smart presentation will be key to standing out in this shifting market. Below is a snapshot of the Average Sold Price in Portola Hills, along with the hottest neighborhoods for March.   In Other Real Estate News! Tariffs, Interest Rates, and—oh yes— Zillow did what now?! Let’s start with the good news:   Inflation is finally cooling . That’s a win. But with potential new tariffs on the horizon, there’s still some uncertainty in the economic air. The bright side?   Real estate remains the number one hedge against infl...

Are you a homeowner who is considering a move but has questions about the financial aspects? Is your current equity position going to result in Capital Gains or you are concerned about the cost of Property Taxes if you move?  Tired of speaking with one professional and then referred to another.  It's not easy finding real estate professionals who understand the complex realities of selling your home when you have a large amount of Equity.  While I must disclose, I am not a tax accountant.  I have put together an event that will help you look at options that are available to you, if you are trying to decide if now is the time to move. We will have a panel of experts in 1031 Exchanges, Capital Gains, Trust Solutions, Property Tax and Trust Solutions, plus I'll provide you a quick update about what is happening in the local real estate market.  Reserve my Seat! This workshop is designed for the Homeowner who knows they need to make a change, want to downsize, can't...

Maybe it is my age, but it is certainly a trend I have seen this past year with clients.  They are deciding to leave Orange County and following their family to new locations.  With over 700,000 people leaving California this is more than a trend, I fear. Have your kids or family moved out of state?  Are you considering following them so you can be close to the grandkids or perhaps you just feel it would be more affordable? Relocating to be near your grandkids is a significant decision, and there are several important factors to consider to ensure a smooth transition and a fulfilling experience for both you and your family. Here are some key considerations: Proximity to Grandkids: Determine how close you want to be to your grandkids. Consider whether you want to live in the same city, within driving distance, or even in the same neighborhood. Family Dynamics: Have open and honest discussions with your adult children and grandchildren about your relocation plans. Make sur...