Colin Delaney August 12, 2013
So what are Costa Mesa buyers buying? To the left is an interesting infographic that has the reasons Californians have purchased, and Costa Mesa real estate buyers are no different.
The perceived price reductions with the market since 2006 have certainly helped. I say “perceived” because certain neighborhoods are right back near where they were at the top of the price spectrum in 2006. Mesa Verde’s state streets for instance has had a couple of sales in the lower $700,000 range which is only 5-10% below its peak.
Prices in other Costa Mesa real estate neighborhoods are a good bit lower though. The westside of Costa Mesa and the condo market is considerably lower than it was in 2006.
I think the best thing going is the favorable interest rates- lots of people have refinanced their homes and/or moved within Costa Mesa real estate. It’s been an amazing time to move up into a larger home or downsize to a smaller one, all while taking advantage of the interest rates and the spring’s seller’s market.
And as I have written about in the past, there are lots of investors who are purchasing Costa Mesa real estate. Either as a buy-and-hold investment, or buying fixers and turning them into shiny new homes for resale.
Lots of good reasons to buy right now, even with the interest rates being a bit higher than they were.
Need help in Costa Mesa? Feel free to call Colin at (714) 743-9882 or E-mail me. I have great lenders that I work with for every Costa Mesa real estate situation you might need too!
Colin Delaney | May 29, 2024
Sharing the nuts and bolts of this sale helps illustrate what is going on right now.
Colin Delaney | May 6, 2024
Highest price paid for this model of approx 1814 Square feet.
Colin Delaney | May 5, 2024
Here are the recent Mesa Verde neighborhood sales for 2024 through the end of April.
Colin Delaney | March 13, 2024
So excited to share our new short film for our listing at 2717 Cardinal Drive!
Colin Delaney | March 10, 2024
This home has lovingly been cared for and has been in the same family for more than 40 years.
Colin Delaney | January 2, 2024
It’s the one where I am forecasting everything that is about to happen in Costa Mesa real estate.
Colin Delaney | April 10, 2023
We typically see listings start to trickle on the market in late February, with an increase in March.
Colin Delaney | January 14, 2023
Mesa Verde Home Inventory for active listings is currently at 5 active listings.
Colin Delaney | January 7, 2021
It’s that time again! New Year, new 2021 Costa Mesa real estate predictions!
Colin’s commitment to getting sellers top dollar and securing the best deals for buyers is backed by a proven track record and extensive local knowledge.