Posts

Ready to Win our Annual Holiday Cash Contest

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Tis the season and we are always excited about our Cash Giveaways.  Especially this year, as we know it has been a difficult year for many.  You have four chances to win. Simply complete the entry and you will automatically be entered.  See below for details. For those clients in Portola Hills who entered our Fall Decorating Contest, which we had to cancel do to the Silverado Fire and Evacuation, we have automatically entered you into this contest.   Enter me in Kelly Turbeville Holiday Cash Giveaway Deadline to enter is Tuesday Dec 15th. 2020 How to Enter: Click Here Terms apply:  This contest is sponsored by Kelly Turbeville with GPS real estate group at Keller Williams. It is not affiliated with any online programs.  Participants who complete the online entry form will be entered into the contest with the possibilities of winning 1 out of 4 cash prizes.  There is no guarantee of winnings. All participates names will be drawn in a random selection.

In such a hot market, why are we seeing price decreases?

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As I was preparing for a Buyers Consultation with a new client who is looking for a home in Lake Forest, I noticed a huge percentage of homes with recent price decreases. Is that good news for homebuyers?  In both Single Family homes and Attached homes, which made me dig a little deeper as overall in the OC, inventory of available homes is very low and demand from home buyers is very strong... so again, why would sellers being see a price decrease? Take a look at the our Market Snapshot we just put together. As you can see on the Attached side of the market, 29% of the homes currently available have had a price decrease.  For the Single-Family side of the market, 39% of the homes currently available have a had a price decrease.  While only about 6% between both segments had a price increase.   When the inventory is low, and demand is high sellers should be able to expect  multiple offers at the full price or even above.  If this isn't happening, that generally indicates the home is

Fire, Evacuations, Wind didn't stop the Portola Hills Real Estate Market in October

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Wow, October was a crazy month for our community!  Unfortunately the community had a slight scare with the Silverado Fire as it inched closer to Portola Hills and through part of Whiting Ranch.  The good news is the OCFA kept us safe with no homes near the fire, the community was evacuated as a precaution. Through it all, real estate continued to remain strong with 13 homes selling during the month of October.  The highest price home that sold in the community was $1,400,000 in the IronRidge community.   The lowest price home was $450,000 in the Canyon View community.  The average price of a home that sold in Portola Hills was $764,551.  Check out the details below.  What is the value of my Portola Hills Home? The overall real estate market in Orange County remains very strong this fall. Low inventory and high buyer demand continues to drive up pricing.  As we approach the holidays, inventory will remain low.  This is also driving buyers to new homes, which in Portola Hills has spurre

Portola Hills September Market Report

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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

Portola Hills Fall Decorating Contest

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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.  

Portola Hills Real Estate is Hot, Hot, Hot in August!

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 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

Portola Hills Food Drive Supporting South County Outreach

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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