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

1aa0a112-ad0d-4ca8-879c-a3ea9d459efd

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

New Custom Home Listing in Laguna Niguel


 

Beautiful European Style Custom Home in Guard Gated Ocean Ranch, in Laguna Niguel, California

61 POPPY HILLS ROAD ~  Offered at $3,195,000

 

Front Elevation
Front Elevation
 

Dramatic Staircase and Foyer
Dramatic Staircase and Foyer
Formal Living Room
Formal Living Room
Formal Dining Room
Formal Dining Room
Gourmet Kitchen
Gourmet Kitchen
Great Room and Bar
Great Room and Bar
Otis Elevator
Otis Elevator
Yard with Pool & Spa
Yard with Pool & Spa
Library and Office
Library and Office
Private Gym
Private Gym

Being Likeable Can Help You Get More Clients


59_seconds

Likeability is a subjective term. Who’s likeable and how important is it?

According to Best selling author and psychologist, Richard Wiseman, in his book “59 Seconds: Think a Little, Change a Lot”, 30 years of research says it doesn’t always come down to qualifications, experience, education or a host of other criteria. Often times. it comes down to likeability.

Likeability has also been linked to the success of presidential candidates in a presidential race (as predicted in Gallup poll). Likeable people are reported to be far less likely to get a divorce, or be sued by malpractice. Likeable people are easier to work with and trusted more.

So instead of cutting your commission or adding even more designations behind your name to get business, you may want to try being irresistibly personable to help win over more clients. However, don’t go too far, or people are also less likely to trust you if you come off as “too perfect”.

Here are nine easy things you can practice to become more likeable:

1. Be known for your Positive attitude

2. Be passionate about what you’re doing

3. Have a good sense of humor

4. Assume the best in people, especially in front of others

5. Be complimentary, but not over the top

6. Listen more than you talk. Here’s how: Hear it, Acknowledge it, Add something of Value

7. Be known for your adaptability

8. Be polite. Have good manners, good grooming and good language

9. Be humble

And what would you think the 10th thing would be?

We Are Now Accepting Qualified Listings

Call Today for More Info on Our

Distinctive Marketing Plans

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

The Truth About Social Media Sites


Why is Social Media Important?

  • Great way to Network and increase our trustworthiness, goodwill and credibility.
  • Social media can help generate leads, track clients, sales and distribution, as well as improve productivity.
  • Print media is largely losing its appeal, and people are now looking to a different direction to promote their business and improve their business prospects.
  • Social media sites make you more visible to the client, and can relate to them on a personal level.
  • Social media allows you to create meaningful and personal relationships with clients and potential customers.
  • Generate powerful traffic to your website.
  • Cost effective way to announce new properties or services.
  • Meet new people across the globe.
  • No mass email or promotional marketing to sort out and read in your email inbox.

 Facts and Figures

  •  The top social networking websites is divided into three categories: General purpose, special interest social networks with a specific theme, and international sites.
  • 79% of companies use Social Media
  • 65% of Adults online use social media for personal and professional use.
  • Users that follow brands or businesses has increased by 106% and are more likely to continue usage and recommend to others.
  • 23% of facebook users check their account 8 or more times daily. Average of total users is  4 – 5 times daily.
  • Fastest growing segment in social media are 45-55 years old.
  • Facebook , Twitter and Linkedin has the biggest subscribed members and the greatest impact on consumers and businesses.
  • It has been estimated that in 2012, social media revenues will reach 17 billion dollars globally with the majority coming from advertising.
  • In 2013, the idea that social media is a soft, networking tool will slowly give way to its acceptance as a serious business tool.

 Will you jump on the bandwagon in 2013? There really is no other option…

 We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our 

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) 495-8600    

How A Homeowner Can Sabotage Their Own Appraisal…


 

For decades there has always been a difference of opinion with  homeowners and an appraiser when they need that critical number to match the refinance package that is underway with their lender.

The appraiser value opinion is only 1 opinion…but guess what, it’s the opinion that counts with your lender.

Here are some ways you can sabotage yourself:

1) Leaving the home untidy. Having an un-kept exterior or interior can cause an appraiser to decrease the value somewhat. Reminder owners – curb appeal is also important for an appraisal. Overgrown bushes or an un-kept home exterior could prompt an appraiser to take as much as 3 percent off the value, according to a CNN Money article.

2) Having incomplete remodeling projects. Don’t keep a remodeling project unfinished prior to an appraisal. If it’s a must, make sure you include details of the complete project and when it is to be finished to the appraiser.

3) Failing to list improvements or upgrades made to the home. Compile a list of upgrades and home improvements made to the home and provide it to the appraiser. While some items, like a new roof, may not help raise the appraised value, other items might.  Source: Realty Times

So needless to say, all the complaining in the world to your lender won’t overcome the self sabotage…take care of projects, clean up and focus on the homes overall presentation before starting your refinance package. Treat the home like you were getting it ready to go up for sale. Lots of preparation, repairs and primping is worth all the effort. Because, when the time comes for that appraisal value analysis…you’ll be glad you did! 

 

We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our 

 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) 495-8600

     

 

 

 

New Listing ~ The San Clemente Gym is now for sale!


San Clemente Gym For Sale

San Clemente Gym – a Business Opportunity.  Own your own business and stay in shape! 

123 S. El Camino Real, San Clemente, CA

 

The San Clemente Gym is a landmark in the city for over 30 years.

 The Gym is approximately 3,000 sqft with Mens and Ladies shower rooms &

locker area. The gym is being sold fully equipped as an all purpose

fitness center. The equipment spans a wide range of fitness training

and there is a boxing work- out room as well as specialty classes.

Private Training is also available from knowledgeable and dedicated

Trainers. Rent for this location is $4,000 per month rolling on a

month to month basis. The membership count is strong and San

Clemente has very loyal local cliente. Call Michael Caruso at

949-495-8600 with any questions or to schedule an appointment.

 

Prime Location

30+ Year History

Loyal Clientele

Mens Locker Room

Ladies Locker Room

Easy Parking

Fully Equipped

Boxing Area

Kick- boxing Area

Friendly Staff

Private Training

Treadmill Machines

Elyptical Machines

Cycling Machines

Bar Bells

Free Weights

Zumba Classes

We Are Now Accepting Qualified Listings

Now providing “Short Sale Services”

Call Today for More Info on Our  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) 495-8600