This Month In Real Estate (US): January 2011

Builder Plans 14 New Homes in South County

Fieldstone Group is restarting its local homebuilding operation from Irvine with plans for 14 new homes at two sites in South County.
Led by CEO William McFarland, a former Irvine Co. vice president, Fieldstone has acquired home sites in Dana Point, Rancho Santa Margarita, Encinitas and San Marcos. Fieldstone’s roots date to 1981, historically building 26,000 homes in Southern California, Texas and Utah.

• In Dana Point, Fieldstone is taking over a previously failed project and building at The Cove at Dana Point — “a cozy enclave of six architecturally distinct homes ranging in size from 3,100 to 3,600 sq. ft, and many with ocean views. The homes will be available for sale in early 2011.” The project’s website notes homes will have up to 5 bedrooms.
• In Rancho Santa Margarita, Fieldstone will work on a rare undeveloped property building “eight homes on large view lots that will have both the benefits of a small private cul-de-sac street and also be part of the large master planned community of Trabuco Highlands with all its amenities. The new single-family detached homes, all of which boast mountain or valley views, will average 3,500 sq. ft. on large 7,400 sq. ft. lots and be open for sale in January 2012.”

“Fieldstone is back on the offense and we’re opportunistic -– we are nimble and flexible, and able to consider a wide variety of project sizes, locations and financial structures,” said David Greminger, president of California operations of Fieldstone.

Real Estate Hot Spots: Mission Viejo Real Estate

Posted at January 1, 2011 at the Business Hub:

With the real estate market struggling in many parts of the country would be home buyers look to specific areas where market conditions have created unique opportunities. These opportunities might include homes at vastly reduced prices, areas with high rates of foreclosures, and even those areas that have great real estate agents working in them. These types of opportunities allow home buyers to purchase a home at a price lower than expected and can also give buyers a piece of mind that they won’t get when considering other areas.
One such area is Mission Viejo. Mission Viejo located in the heart of Orange County California is a very popular city among those looking at Mission Viejo real estate for their next purchase. With cities like Aliso Viejo and Irvine surrounding the community schools, jobs, shopping, and good eating are always no more than just a few minutes away. Mission Viejo real estate has been and remains popular because of the economic opportunities the city offers to it’s residents as well as those offered by it’s sister cities. Parents working in Mission Viejo or in a nearby city can rest easy knowing that the school their child will be attending is also within close proximity to the home.
Some home buyers consider Mission Viejo real estate because the city is home to numerous upscale homes, many of which that have undergone dramatic price reductions. Luxurious homes with reduced price tags give home buyers and investors a great opportunity to buy a great home for far less than it’s actually worth. Investors and even families can buy Mission Viejo real estate now and turn an enormous profit should they sell the house years down the line. Mission Viejo real estate at lower that expected prices also gives many hard working people and opportunity to buy a home that normally might fall just outside of their budget.
In today’s real estate market home buyers are not only very picky about where and how they spend their money but they also want to work with Mission Viejo real estate agents who bring experience, area knowledge, and personality to the table. The Mission Viejo real estate agents whom are most successful in today’s market are those that go above and beyond for their clients. Buyers looking for a reputable Mission Viejo real estate agent will also want to work with someone who has great listings and can help match the buyer to a home that not only satisfies their personal needs and desires but falls within their budgetary constraints as well. There are many Mission Viejo real estate agents but not all of them are equal in terms of experience, reliability, honesty, and dedication to their clients. People considering the purchase of Mission Viejo real estate will however find Mission Viejo real estate agents that stand out above their fellow agents.
All in all Mission Viejo real estate remains popular even in a market like the current one because the city is home to several fantastic Mission Viejo real estate agents and the city continually sees fantastic homes put on the market at prices that are even more fantastic. Whether it’s a family looking for a home, or a Mission Viejo real estate investor one things for certain. They’ll find exactly what they’re looking for in Mission Viejo.