PORTOLA HILLS LIVING by Kelly Turbeville

The Estates Portola Hills The Estates neighborhood is located in Portola Hills a community on the border of Lake Forest and Trabuco Canyon. The Estates are a Single-Family neighborhood that offers amazing Portola Hills views.  Located on the cross-streets of Malabar and Highridge, homes on this ridge provide amazing views to the Pacific Ocean and the Saddleback Mountains. The community consist of 142 homes and offers four floorplans with the following details: Graceland* - 4 Bedrooms, 3 Baths, 2271-2571 sq. ft, with a 3 car garage San Simeon - 5 Bedrooms, 4 Baths, 2821 sq. ft, with a 3 car garage Hermitage - 4 Bedrooms, 4 Baths, 3063 sq.ft, with a 3 car garage *This tract offers 4 rare single family homes in this tract. This tract falls into the Portola Hills II Association that offers many amenities, such as club house, gym, pool, spa, tot lot, volleyball, etc. Currently homes are selling between $750,000 to over $1,000,000.  Currently only One home is activ

Yesterday we had what seems like a rare encounter these days, rain!  With the current drought in California, I don' think this made any difference other than in bringing a little comfort to our lawns and I will have to say our souls. But it sure was nice to see!  I don't know about you but we hunkered down, made a big crock pot of chicken chili, watched movies and enjoyed the day looking forward to a little green the rain will bring to the Saddleback Mountains. Hope you got to enjoy the day too!

The first quarter of 2015 ended with a bang in Portola Hills.   The number of sales was up 40% from March 2014.   A total of 10 homes closed escrow in the area vs. 6 in 2014.   Currently there are 13 homes available on the market. Below are the details of what sold. March 2015 Portola Hills Homes Sold With the current inventory of active properties there is a lack of inventory in the key price point between $450-$600k.  This is a key price point for move up sellers and the millennial home buyer, which is the majority of homes buyers in the market today. If you live in the following Portola Hills communities: Montecido, Bella Palmero, Canyon Rim or one of the paired homes in Serenado and Sycamore Ridge you have a good opportunity to get your home sold today for top dollar currently.   Please  don't hesitate to give Kelly a call to review the current market and review a marketing plan that get's your home sold!!

Can you believe it, the calendar has hit April!!  That means we are officially into the second quarter of the year.  In real estate terms this is when the selling season really begins to take off.  Here in Portola Hills, the first quarter started off slow.. inventory remained light from the new year on, but as of this post it has started to pick up with 5 new homes listed this week. Take a look at what sold so far this year! Portola Hills Homes Sales Jan-March 2015 With 5 new listings active this week, it always makes me wonder why homes sellers wait to sell later in spring when the competition is more.  The rule of supply and demand certainly prevails in real estate.  Low Inventory and High Buyer Demand make early spring the best time to get top dollar on your home. The good news for Portola Hills, it is a sought after neighborhood, offering a great school, great selection of homes from condo's to estates and best of all it is tucked away close to the Saddleback Mountai

Are you thinking about selling your home this spring...  Below is a quick list of issues that home sellers run into during the process.. Either over estimating or in under valuing the list price of their home. Failing to disclose material facts about their home that adversely affect desirability or value. Not properly staging their home. Not making their home easily accessible to agents to show. Starting out with an inflated asking price, not understanding the negative impact of later price adjustments. Emotionally overacting to an initial offer. Thinking that subsequent offers will be better then the first offer. Excessive conversations with the buyers and/or buyer’s agent. Letting small things in the negotiations or transaction become big things, while losing site of the bigger picture. Not using Kelly Turbeville to represent them!   Gotta have a little fun right ! I would also have to add, not strategically looking at the market and timing as to when is the best ti

Spring is typically the "Real Estate Season"..  for home buying and selling but did you know typically February is a key month in that strategy...  Why... When list your home in early spring you have the best opportunity to receive top dollar for it.  Inventory is low... Buyers Demand is High and today we all know interest rates are still at historic low levels... Starting in April/May when real estate data starts to hit the market Sellers think it is the best time to list.. It's the herd mentality... Hey look my neighbors house is sold... should we list ours and the signs start to pop up. Currently in the market we are seeing busy open houses, multiple offers and price increases.  If you are considering selling your Portola Hills home,  let's sit and create a strategy to ensure you take advantage of the best timing the market offers. Below is a look at what sold in last month compared to 2014.  The exact number of homes sold but the price per square foot for th

Can you believe it.... we are already in the second month of 2015..  The holiday hangover is over and home buyers are anxiously waiting for spring with anticipation of new beginnings.. January home sales are typically quiet and this year was no exception.   The number of homes that sold in Portola Hills was a total of five, exactly the same for 2014.. Below is a quick look of the homes that closed escrow in Portola Hills from January 1 through the 31st, 2015. Portola Hills January 2015 Closed Sales Wondering how this compares to January 2014... take a look below.   Portola Hills January 2014 Closed Sales Did you notice the difference pricing... This is why January and early spring is always a great time to sell.  Listing inventory is low... Buyers are anxious to move now that the holidays are over and with the lower interest rates, buyers have the ability to buy more for their dollars. Inventory typically starts to increase between March and May.. so if home se