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Portola Hills Market Update May 09

Below is a quick snapshot of the Portola Hills Real Estate Market: Active Properties/Average Price: 6 Inventory ranges from a Paired Single Family home listed @ $485k to an Estate home listed at $1,200,000. Averaging out 5 bedroom / 3 car garage / 2860 sq. footage equally a price per sq. foot of $272.89 or an average price of $780,466. There currently are no condo's active on the Portola Hills market. Closed Properties /Average Price: 32 Condo's: 20 homes have closed escrow since Januarary 2009. 3 bedroom / 1 car garage /Average Sq. footage 1119 = $259. price per sq. foot or an average price of $290,134 . Single Family Residences : 12 homes have closed escrow since Jan. 2009 = 4 bedroom / 3 car garage/ 2440 sq. ft = $245.19 price per sq. foot or an average price of $587,775 So the question begs to be asked is it a good time to list your home? If you are an equity seller that is realistic about the current market and can accept where the pricing is. It is a great time

The Flips Begin - Real Estate Investing 101

Just a quick look at property that is moving quickly through the Real Estate world in Portola. This home was short sale listed on the market for appoximately 120 days. Sellers received one offer for $362k, but the lender took too long and the buyer walked. Things stalled out over the holidays and price was reduced $335k. With 4 offers in hand the ranging from $335-$362 the lender decides to let it go to auction. Sells at Auction that day for $313k, on the market today for $369k. http://idx.diversesolutions.com/search/1433/4#Tracts=Montecido%20(md)&PropertyTypes=23%2C17&PerformSearch&PropertyID=14299437 We should begin to see this happen more and more, which is some peoples mind means we have seen the bottom. Of course, it is yet to see what this home will sell for. But one thing is clear, Invesors are buying!

28386 Pueblo Drive, Portola Hills - Major Price Reduction

Gang Don't miss out on this opportunity, our listing @ 28386 Pueblo Dr in Portola Hills, Ca has been reduced to $335,000! Don't let this value pass you by..... If you are first-time home-buyer and want to understand how to take the steps towards homeownership, we are here to help. Today's opportunity, includes a $8000.00 tax credit, historic low interest rates and pricing at 2003 levels. In addition, the California Association of Realtors is launching a new program Mortgage Protection Program to help feel a bit more secure if job worries are holding you back. Of course terms apply, so make sure you are educated. Now is the time to buy!

Keeping Local Dollars In Portola Hills

When you come through Portola Hills, you probably don't think of business. That is part of what makes Portola Hills such a special place to live, there really isn't any commerce. But is there..... Ask yourself? What do your neighbors do for a living? How does their success add to the success of your neighborhood? Do you have a need that a struggling neighor could help you with? Did you know your neighbor has a home based business that may actually help you and your business. Need an Attorney, Landscaper, Hair Stylist, Let's not forget Realtor ! - bet there are few of those here in Portola Hills that would love your call. Have you noticed in today's world everyone comes home and drives straight into their garage, no hello's, no hand shakes, no hugs, the goal being in and out of the home with as little interaction as possible. No ill-will intended just gotta get dinner going! But in today's economy this is the exact opposite of what we all need to do. We need to u

Rooms for Rent w/Beautiful Portola Views

Room available in a beautiful Portola Hills home. Possibility of two rooms available if you are looking for a more space. It is like having your own wing. Utilities included, internet, cable, garage storage, fulll house access. One Room - $725.00 Two Rooms - $1100.00 Referances, Credit Check Required. For more information click here . Portola Hills residents, got some news you want to share? Make sure to forward your details and we would be happy to include your details in Portola Hills Living.
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