PORTOLA HILLS LIVING by Kelly Turbeville

Can you believe it, we are in October!!  I can't, once we hit October, for me, the year moves by so fast with all the holiday activity.  We are in the last quarter of 2020 and what a year it has been so far.    The good news, is even during this crazy time with a Pandemic going on the Portola Hills real estate market is very strong.  Below is a look at how the market performed last month.  There were even some records broken last month.  In the Montecido community Model C the Galante, sold for a record price of $615,000. That is amazing for this 3 Bedroom, 1200+ sqft home!  Now is an excellent time for those living in a Condo or Townhome to move up to that larger home you have been thinking about as buyer demand for your home is extremely high!  What's the Value of my Portola Hills Home? If you are thinking of a move, don't hesitate to reach out to me Kelly Turbeville for a quick review of what is happening in your neighborhood.  Don't forget to enter our Portola Hills

It is time for some fun!  So we thought it would be fun to do a Fall / Halloween Decorating Contest in the community .  Decorate your whole house or just your door.  All we want is for the community to have fun! It can be Halloween themed or if you prefer Fall or Harvest that is great too.  We will have two Grand Prizes:   Best House: $100.00 Home Depot Gift Card Best House: $50.00 Home Depot Gift Card Open to all communities in Portola Hills!  Check out details below!  Enter me in the Portola Hills Fall Decorating Contest Don't hesitate to reach out to Kelly Turbeville with any questions you may have.  

 The Portola Hills real estate market was hot, hot, hot and we aren't talking about the weather. Sales Prices and Sales Volume were both up from the same time last year. With record breaking pricing in the Montecido community.  The highest price sold for a 3 bedroom, 1300+ townhome in the Montecido community was sold for $622,000.  When home buyers come up the hill to preview townhomes in the Ironridge community the Montecido community offers a great value, which in turn is driving up pricing of this community.  As well, inventory is very low throughout South Orange County. Below is a look at how the Month of August performed in Portola Hills. Search Portola Hills Homes If you are thinking of making a move, this is the market you have been waiting for!  Interest rates are hovering between 2-3%, which provides you the ability to purchase your move up property for less.   Please don't hesitate to give Kelly Turbeville a call to review if now is the right time for you to make a mo

It's time for our Annual Portola Hills Food Drive supporting South County Outreach.  Each the year the team at GPS real estate group holds this event to provide food to those most in need. This year with the pandemic the need is extremely high.   It is pretty simple to participate, simple text us that you would like to participate, put your food out on the pick up date 8/22 and we will swing by and pick it up from you. In 2019 we picked up over 700 lbs of food from the community, which was greatly appreciated by South County Outreach .  Our goal this year is a 1000 lbs, so we need your help! South County Outreach's vision is to End Hunger & House Hope in Orange County. How do we do that? Through our programs, like our Food Pantry, which is the largest pantry in South Orange County, and our Transitional Housing Program, which helps homeless families get back on their feet with the tools and counseling they need to succeed. It’s a big job, but we’re not alone. We believe that

Who says people don't buy homes during a pandemic?  Looking at the real estate market this past July for the Portola Hills community, sales volume increased 38% from the same time period in 2019, buyer demand is extremely strong! Though there are concerns with unemployment, the rest of the market is pretty strong in the OC.  My interruption from working with clients is, all this time at home is highlighting what doesn't work in their current home. That, along with the low interest rates,  strong equity position, sellers are looking to sell and move up to their dream home.  Also, those who rent see that with the low interest rates it is literally cheaper to buy right now! Finally home represents security and I think we all are looking for a bit more of that in our lives these days.... would you agree? Below is a quick snapshot of how the real estate market preformed in July: What's my Portola Hills Home Value With interest rates hovering below 3% this has become the real est

We took a quick look at what is happening in the Portola Hills real estate market so far in the month of June.  Typically as we enter June, the real estate market starts to slow down; people are focused on finishing school and making vacation plans.  But with COVID-19 and people being home for the last three months, we are seeing the real estate market pick up! Below is snapshot of real estate activity in Portola Hills since June 1st. As you can see in Portola Hills there are.  5 New Listings 8 Homes went Under Contract 2 Homes Sold 2 Coming Soon What is important to note, here is the number of homes moving into escrow and closing as it is greater then the number of new homes coming on the market. This is important as it reflects, buyer demand!  Demand is strong across the county.  But especially for homes priced under $700,000.  Low Interest Rates + High Buyer Demand + Low Inventory, makes it the ideal time to be a move up buyer.  Feeling cramped in your home, since the stay at home o

We are in about our 7th week of quarantine in Orange County and if you are anything like me, I am sure you are getting restless.  We just really hope no one in the community has been too affected by this virus either with their health or financially.  We get many questions asking how the real estate market is performing during this time? The good news is, it is hanging in there.  This is not like 2008!  The current inventory levels are extremely low compared to what we saw during the last recession.  The biggest impact to the real estate market is going to be unemployment, but pleasantly the numbers and activity in Portola Hills remained strong in April, as you can see below!  Looking at the above numbers you can see the strength of the market in two indicators.  First the list to sale price ratio. Seller's received over 100% of what they were requesting when they listed their home. Actually the received over! Most likely from multiple offers. The second indicator is the months o