Cypress Village Irvine

If you have spent anytime in Califonria in the last several years then you would see the boom in Eletric vehicles on the road.  The number of these types of cars will only increase as the race to 2035 when gas cars will be banned from selling in California.  I know I have spoken with car salesman at Mercedes Fletcher Jones in Newport Beach and they said they are really amping up their production of these electric cars which has become a primary focus for them.  Because of this large demand we are starting to also see a boom in ev chargers being installed in a home.  Having this located inside a home can be a huge selling feature especially for those who already own electric cars or plan to buy one.  

I was recently taking a client out to look at homes

One of the most popular neighborhoods within the Cypress Village Irvine community is the Jasmine neighborhood.  Here you will find two to three bedroom condos that often come up for lease.  On average, we see about 20 condos come on the market for rent here that often leased out within a two week period.  In 2021, it wasn't uncommon to find a three bedroom condo for lease in the mid $3,500 to low $4,000 a month range but that all changed in the latter part of 2021 and all of 2022.  Last year the typical price for a three bedroom condo was around $4,500 to $5,000 a month and this price points continues in the first month of 2023.  We have put together a rental history chart for the Jasmine Creek community that gives you a good idea of what places have

Going back to between 2014 to 2015 many of the jade Court condos were built in the very desirable Cypress Village community in Irvine, California. If you are new to real estate in the Irvine area then let me first let you know there have been a large number of new communities built in the last 10 years with a wide variety of single family homes and residential condos to choose from.  Cypress Village was one of many new communities that was built with a good choice of residential homes and condos to choose from.  What impressed me about this property when it was first built was the quality of construction that was taking place.  There was also a well planned out area for parks and children to play which I thought was done perfectly.  Of course, one of the

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.

One of the best places to find some of the largest inventory of new construction homes being built in 2021 can found in the city of Irvine.  There are always seems to be some neighborhood or a new development being developed in Irvine that allows home buyers to buy a brand new home direct from the home builder.  Because the demand for these types of homes has not gone down in recent years home builders continue to produce some really nice homes that are available for sale.  We did a quick search and currently have found 30 properties that are on the market for sale with home construction to be completed in 2021.  If you are thinking about purchasing a new home this is a really great time with low interest rates and a lot of great options.

Probably one

One of the common features that agents have been using in Northern California is sharing info on what properties that have that will be coming on the market.  This was a section on the Multiple Listing Service that was private and not made aware to the general public.  What they found out was that many homes were being sold before they even came on the market.  Agents would be working with clients that were looking for a specific type of property and were able to find these kinds of homes using this private search.  The type of search has trickled down to our local multiple listing service here in Southern California which is starting to impact the makeup of homes that are available in any given city.  For Irvine, the low inventory of homes has got a

One of the top neighborhoods in the Cypress Village area is the Marigold neighborhood.  These were actually some of the first homes built in the Cypress Village that all comprise of a total of 3 bedrooms with 2.5 baths.  Real Estate prices have been slowly increasing in the last several years and now average over $1 million dollars.  So what to expect when buying in this community tract?  A lot of common features found in these condos can be things like hardwood flooring, large center island in the kitchen with room for seating when creates a nice open floor plan and recessed lighting.  In the bathrooms it's not uncommon to find both a jacuzzi soaking tube and a separate standing shower, large size bedrooms and individual laundry room.  The backyards are

One of the newest things to pop up in recent weeks is a public virtual open houses.  This is different concept than a traditional open house where anyone can just drop by and go into the house.  One of things that is the same is that the home is open during a certain time, typically from 12 noon to 4pm or so.  Typically you will have a real estate agent that is at the home and will have present to do a virtual walk through of the home with online software like Zoom that allows multiple people to engage with the real estate agent. This is typically how it works.

A link is sent to the prospective buyer via the real estate agent.  The buyer clicks on the link and engages with the real estate agent during the times of the open house.  This would be similar

Smart home automation is slowly becoming the norm in today's homes in the Irvine area.  It was only a few years ago that we first started to see homes start to incorporate technology into ever room in the house.  Now, many of the builders in the new home communities in Irvine are starting to implement them into these homes since it's become mainstream.  What exactly is a smart home?  Think about anything that can be automated like window blinds that open and close at certain times, smart light switches and thermostats, camera operated doorbells and locks that can be accessed through your smart phone.  Several years ago a smart home was often controlled by an iPad looking control panel but now everything is being sent through an app on your phone.

Some

The Irvine Real Estate market is beginning to show signs of slowing down and there are many motivated sellers that are eager to sell.  Sellers can be motivated for a variety of reasons including wanting to buy another property, downsizing, death of an owner, etc.  These properties offer some of the best values currently found in Irvine with a wide range of real estate prices.  Some of the lowest prices currently can be found in the Central Park West condo complex for a 3 bedroom condo in the Madison building with a current list price of $799,000.  The home was originally listed for $919,000 and the seller has been doing several price reductions with the last adjustment taking occur ace on July 25th to $799,000.  

The neighgbohroods of Cypress Village,