Trending First Time Home Buyers….WHO ARE THEY?


While the overall number of first-time homebuyers continues to decline, one segment of the population is bucking the trend. Young people ranging in age from their late teens to mid-30s, known as millennials, are the largest and fastest growing group of homebuyers, according to the National Association of REALTORS® (NAR). Instead of converted industrial spaces and hip coffee shops in city centers, these young people are opting instead for older single-family homes with manicured lawns and soccer leagues in the suburbs.

The median age of millennials, 30, is the driving force behind this trend. “This is typically the time in life where one settles down to marry and raise a family,” says Lawrence Yun, NAR’s chief economist. And these buyers are choosing the suburbs over the city, he adds, because of a shortage of condos in urban centers fitting their entry-level price range. “Affordability pressures make buying in the city extremely difficult for most young households,” he says. “Even if an urban setting is where they’d like to buy their first home, the need for more space at an affordable price is for the most part pushing their search further out.”

Source: Council of Residential Specialists

Michael Caruso is a long time member of the Council of Residential Specialists, designation CRS

mcaruso@surterreproperties.com

www.CarusoRealEstate.com

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Stats are in for 2016- Homes Sold in Dana Point, Laguna Beach & Laguna Niguel


Dana Point – Homes Sold:
$0-1M = 346 homes sold
$1M- 3M = 142 homes sold
$3M+ = 45 homes sold
Highest Priced Sale: $19,997,500
Lowest Priced Sale: $186,000

Laguna Beach – Homes Sold:
$0-1M = 45 homes sold
$1M- 3M = 256 homes sold
$3M+ = 73 homes sold
Highest Priced Sale: $45,000,000
Lowest Priced Sale: $261,600

Laguna Niguel – Homes Sold:
$0-1M = 879 homes sold
$1M- 3M = 209 homes sold
$3M+ = 8 homes sold
Highest Priced Sale: $6,295,000
Lowest Priced Sale: $235,000

Are you interested in finding out the 2016 stats for your city? We have homes available throughout OC, for everyone and at every price. Call 949-545-2080 or email us at mcaruso@surterreproperties.com with questions.

www.carusorealestate.com

Keep your Pets Safe and Cool in the Summertime


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Five Ways to Keep Pets Cool
Water play, shade and tasty treats…

In the heat of the summer, you may be cranking up the air-conditioning to stay comfortable, but don’t forget about your four-legged pals — especially if they’re spending a lot of time outdoors. Consider these five fun and easy ways to keep them cool and happy.

H2O and treats

It may sound obvious, but your dog and other pets need access to plenty of fresh, cold water. On a really hot day, you might toss a few ice cubes in the bowl to keep the water even colder. There are also ice cream treats designed specifically for dogs, or you can find recipes online to make your own. Here’s one clever idea — fill an ice cube tray with chicken broth or beef broth and then toss your dog a “pop” once the individual squares are frozen.

Water play

Many dogs love to get wet, whether they are splashing in a stream, swimming in a lake or jumping into a kiddie pool in your backyard. You can also set up a sprinkler for them to run through.

Check out new products

There are always new products on the market to keep pets cool in the heat, such as cooling bandanas and collars, pet beds that can be filled with cool water, and a collapsible water dish that you can carry anywhere — from a hike to a car ride. Keep in mind that if you’re driving with your dog, do not leave him waiting in the car for you, even if you crack the windows. His body temperature can rise quickly in a hot car and prove fatal.

Limit activity in the middle of the day

If you’re heading out for a walk or involving your pet in other outdoor activities, make sure to plan your excursion during cooler parts of the day (morning and early evening). The middle of the day is usually the hottest, and too much activity during this time can lead to an overheated pet. Pay attention to your pet’s cues and seek the advice of a vet if she is exhibiting any health problems.

Provide shade

If your pet stays outdoors, make sure he has a shady place to retreat when the heat becomes too intense. If you don’t have any natural shade in your yard, consider getting a beach umbrella or invest in a doghouse.

With a little bit of thought and preparation, you can prevent your pets from suffering in the summer sun. And they’ll love you all the more for it.

This article is presented by M.Benz of Laguna Niguel, California

We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our

Platinum Marketing Plan

And thank you for making me Your Orange County Real Estate Connection.

http://www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker Associate ABR ABRM CLHMS CRB CRS GREEN GRI

Surterre Properties

Past President, Orange County Association of Realtors (949) 495-8600

Caruso’s Green Thoughts ~ How do Plants Return After a Fire?


California has its dry spells and wild fires are a result.

 Did you ever wonder how plants return to an area that was burned out in a wild fire?

 Chaparral plants have actually adapted to infrequent fires. Some even require fire to re-sprout. The “yellow rock rose” seeds need 250 degrees of heat for 5+ minutes to germinate. You can only get that kind of heat from a fire! Some other species use chemicals leached from charred wood and smoke to stimulate seed growth.

 1 – 2 years after a fire: annuals flood a just scorched area.

3+ years after a fire: shrubs re-seed and re-sprout, but take a long time to grow.

 Mother Nature has her mysteries…

 And…Thank you for making me Your Orange County Real Estate Broker

Michael Caruso 949-495-8600 www.MichaelCarusoRealEstate.com

Caruso Never Sleeps ~ Fall Means Time to cut back Watering


Summer is over and I miss it already as the days grow shorter. Now we can be efficient with water usage. October, November and December are traditionally when Southern Californians waste most water. That is because while the weather remains relatively warm, many plants begin to go dormant and as a result they require far less water. Most people can reduce their water consumption 40% o 70% at this time of year and still have healthy plants. You can conserve thousands of gallons of water during these 3 months alone by:

1)      Cut down lawn watering to 2 days a week about 4 minutes per watering

2)      Plant more California-Friendly native plants – talk to your local nursery

3)      If you have a standard manual sprinkler timer, replace it with a smart timer that automatically adjusts your water with the weather…and you might get rebates from your water supply company too!

 And…Thank you for making me Your Orange County Real Estate Broker!

 Michael Caruso   949-495-8600   www.MichaelCarusoRealEstate.com

Caruso Never Sleeps


Winter is coming! Use your senses to recognize and respond to a gas leak

Fire, explosion, property damage or serious bodily injury can all occur from gas leaks. These leaks can come from appliances, damaged pipelines and gas meters.

Recognize: Protect your loved ones and yourself by using your sense of sight, sound and smell. 

Look:

  • A damaged connection to a gas appliance
  • Dead or dying vegetation over or near pipeline areas
  • Fire/explosion near a pipeline
  • Exposed pipeline after an earthquake, fire or flood

Listen: hissing, whistling or roaring near gas line or appliance 

Smell: Distinctive odor of natural gas

Respond: If you suspect a natural gas leak..

1.   Don’t light a match candle or cigarette

2.   Don’t turn electrical appliances or lights on or off

3.   Don’t use your telephone or any device that could cause a spark

4.   Evacuate the area to a safe location

5.   Call The Gas Company at 1-800-427-2200 or 911

Information courtesy of The Gas Company

Caruso’s OC Happenings for October!


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Orange County Events for October!

Stand Up World Tour    Oct. 2-8

See the world’s best stand up paddle boarders as they converge in Huntington Beach for stop number four of six on the Stand Up World Tour. 8am. Huntington City Beach: 1 Main Street. http://standupworldtour.com

Tiller Days- Tustin     Oct. 5-7

The event provides an opportunity for Tustin to celebrate Orange County’s agricultural heritage. Features Parade (on Saturday at 10 am), carnival, rides, food and entertainment. 17522 Beneta Way, Tustin. 714-573-3326 / http://www.tustintillerdays.org

Walk to End Alzheimer’s     Oct. 6

The Alzheimer’s Association Walk to End Alzheimer’s is the nation’s largest event to raise awareness and funds for Alzheimer’s care, support and research. 7:30am-12pm. Doheny State Beach: 25300 Dana Point Harbor Drive, Dana Point. 949-757-3708 / http://www.danapoint.org

The Vintage Food & Wine Festival     Oct. 6

Don’t miss this annual event at the Mission San Juan Capistrano. Dancing under the stars to live music by Family Style, World Class Wine Tasting, Sample foods from the best local Restaurants, Casino Games, Silent Auction. http://www.vintagesjc.com

NAMI Walks     Oct.6

NAMI Walks is the largest fundraiser for the National Alliance on Mental Illness. NAMI provides free educational programs and services to eliminate the stigma associated with mental illness. 7:30am-12pm. Pier Plaza: 1 Main Street, Huntington Beach. http://namiwalks.org

Paws for a Cause     Oct. 7

Join OC Animal Care for the first Paws for a Cause, a 2-mile dog walk in Huntington Beach! All proceeds will be donated to OC Animal Care, which provides care for abandoned and abused animals. 7:30am. OC Animal Care: 300 Pacific Coast Highway. http://www.paws-for-a-cause.net

Sandcastle Contest     Oct. 7

Thousands of sightseers descend on Corona del Mar State Beach to watch participants – ranging from novice to expert – construct more than 30 entries. Crossroads are Marguerite Ave. & Ocean Blvd. http://newportbeach.com

San Clemente SeaFest     Oct. 7

Chowder Cook-off, Fisherman’s Lobster, Surfing Contest, Business Exposition, Arts & Craft Show and a U.S. Coast Guard Search & Rescue Demo Operation which all takes place at the historic San Clemente Pier area. 949-492-1131 / http://www.scchamber.com/Seafest.asp

Silent River Film Festival     Oct. 11-14

The festival dedicated to the independent filmmakers of the world has been established with a vision to bring East and West together on one platform. Edwards West Park 8 Cinema and other premium locations in Irvine: 3735 Alton Pkwy. http://www.silentriverfilmfestival.com

The Heritage Festival & Parade     Oct. 13

Festivities begin with the Chamber of Commerce pancake breakfast at 6:30 a.m. followed by the parade and band review at 9:30 a.m. The festival begins at 9:30 a.m. Tri-City Park: 2301 N. Kraemer Blvd., Placentia. (714) 524-8535 / http://www.placentia.org

Woodie Car Show     Oct. 14

Presented by the SoCal Woodie Club. Free admission, surf vendors, food, drink and live music. 8am-3pm. Lantern Bay Park: 25111 Park Lantern Road, Dana Point.

Mission Viejo Readers’ Festival     Oct. 14

A full day of authors, adult and children entertainment, vendors, food. Featured authors will be speaking, taking questions and signing books. 12-6pm. Norman P. Murray Community Center & Village Green, Mission Viejo. http://cityofmissionviejo.org/ReadersFestival/

Wine, Cheese & Chocolate Please     Oct. 14

Wine, Cheese & Chocolate in support of Project Self-Sufficiency, a non-profit organization that assists single parents earning their education to become self-sufficient. 2-5pm. Newland Barn: 19822 Beach Blvd., Huntington Beach. http://www.winecheeseandchocolateplease.com

Laguna Beach Plein Air Painting Invitational     Oct. 14-21

Each year the famous seaside community and historic artist colony of Laguna Beach turns into an outdoor studio. Various Locations in Laguna Beach. 949.494.8971 x219 / http://lagunaartmuseum.org/pleinair

Photo credit to:  San Clemente Fine Art Photography  

We Are Now Accepting Qualified Listings

                          Now providing “Short Sale Services”

Call Today for More Info on Our

                       Fall into Fall Marketing Plan

And thank you for making me Your Orange County Real Estate Connection.

www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 753-7900