Irvine Real Estate Blog

When looking to purchase a home there are a lot of factors that go into finding a home.  Once you have located a home then you have to crunch all of the numbers to see what your monthly payment would be If you are planning to get a loan.  Often times buyers only look at monthly payment would be for the principal amount and interest and forget to includes taxes and insurance which often times can add a lot of cost to monthly amount.  This is commonly known as PITI, principal + interest + taxes + insurance.  In Irvine, the large majority of properties may have some kind of monthly homeowners association dues that also need to be calculated into the monthly payment.  Don't forget to also check if the property has a Mello Roos tax on top of all of that which

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One of the common features that is now starting to be sold with homes in Irvine are solar panels.  It was only a few years back when there was a limited number of properties being sold with panels but this is not the case anymore.  In fact, when the green movement moving full speed ahead many owners are looking to do their part in utilizing the many sunny days that we have here in Irvine to their advantage.  One thing that is still the same is that some buyers still don't understand what it means to buy a home with panels on it as there are a variety of situations that it can be transferred to the new buyer.  We will go over a few of these options here.

First, the most common way current homeowners have solar panels on their home is by leasing them.

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The Great Park area is arguably one of the best places to find a newer construction rental home in all of Irvine. If you are new to the Irvine area then you will quickly release that over the years there have been a lot of new neighborhoods being built at record paces with a lot of new construction inventory to choose from.  Now as the housing market is starting to cool off and higher interest rates going up we are seeing more of our clients to turn to renting a home rather than buying.  The Great Park area always has a wide selection of properties that were often built after 2015 which is very important to many renters in the Irvine area that tend to prefer newer construction properties more than any other area.  Over the past 5 months we have seen a

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The Irvine Real Estate market has been one of the most active places in all of Orange County as there has been a huge surge in buyers wanting to buy a home in the Irvine area.  This is especially true with new construction homes as the demand for these property is higher than what is actually available.  it's not uncommon to see homes selling for $100,000 to $200,000 over asking price depending on the price point of the home.  As real estate agents we have noticed the latest trend that agents are using to sell the home in the fastest and most profitable way.  Here is a brief explanation of the latest trend.

First, real estate agents that are taking listings are putting them on the market on a Wednesday or Thursday and advertise an open house for that

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One of the more popular places to find rental properties in the Irvine area is the Portola Springs community.  One of the reasons for it's popularity is that there is a wide range of properties that can be found here from New Construction to properties that were built in the last several years.  This area of Irvine has seen a real increase in the number of homes over the years due to it's prime location near the 241 and 133 freeways that connect down 5 and 405 freeways making it easier to commute to work.  Rental prices for Portola Springs will vary depending on if the property is a condo or single family home.  For example, two bedroom condos with an approximate 1,304 square feet currently start at $3,600 a month while a four bedroom single family home

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The idea of a lease option is often very foreign to a lot of real estate buyers but can make a lot of sense depending on your current living situation.  We get a lot of clients moving from outside the Irvine area and want to lease home so they can figure out the kind of neighborhood they want to live in.  Often times these clients are those that will most likely but in the next 12 months and can potentially be excellent candidates for doing a lease option.  The other kind of candidate would be those who currently don't have enough money for a down payment on a home but through assistance from the landlord might be able to save up enough money to afford a home.  Both of these situations are the kind of clients we see doing lease options in today's market.

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Central Park West is considered one of the more popular places to buy a residential condo in the Irvine area.  There are a lot of reasons for those which first begin with it's prime location situated on the ocean side of the 405 freeway.  It's really a 5 star location that offers easy freeway access and a short proximity to the John Wayne Orange County airpot as well as local shopping and restaurants in the immediate area.  Another reason for it's popularity is that there is a wide range of condos and townhouses located here.  Each of the buildings located here have their own personality and unique floor plans so there is a lot of choices when looking to buy here.  Finally, the amenities rival what you find in a hotel resort with a large gated community

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The Oak Park community in Irvine, California often features long term rentals that typically start as a 12 month lease.  The location is ideally positioned between the 5 and 405 freeway which means you have access to many local shopping, restaurants in the surrounding areas.  It's also one of the most affordable places to find a rental with lease prices often in the mid $2,500 a month range for a one or two bedroom condo.  The nice thing about these units besides the great price point is the great floor plans that can include an interior washer/dryer and a covered carport parking space or a two car attached garage.

The location of this community often means that you are located within the Irvine United School District which has some really great

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If you ever get a chance to fly into the John Wayne Airport (SNA) is worth a try since it offers a more leisurely experience from the hustle and bustle of LAX airport.  The location is actually near some of the best condo buildings in the Irvine area and the airport has taken great measures to minimize the noise when taking off and landing here.  This area is also very popular with students going to UCI which saw a housing shortage this year causing many of our clients to look for rentals in this area.  One of the most affordable and popular places to live is the Watermarke condo building.  Real Estate prices are the driving factor with condo sales that still can be found in the $400,000 range with rental properties in the low $2,000 a month price point.

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One of the more popular gated communities in the Irvine area is the Hidden Canyon community in Irvine.  Over the last 4 years we have seen over 50 homes sold often for prices over $3 to $4 million dollars.  What makes this community unique is it's private and remote location in the Laguna Altura area that is set off from other communities but still close enough to be within a short driving distance to local grocery stores, restaurants and some really great shopping.  The floor plans are very well thought out with large square footages that often showcase large rooms with vaulted ceilings and outdoor entertainment spaces with many owners installing private pools and spas.  If you are thinking about doing a quick drive through of this community make sure to

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