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Appearances Can Be Deceiving

December 4, 2017 By Wendy Hooper

Appearances Can Be Deceiving

Overall Orange County home sales remain strong. We’re not seeing the incredible surge in home prices that's plaguing buyers in San Francisco communities. Instead we’re seeing moderate 3-6% increases in values year over year. What I find interesting is that homes are selling progressively faster than in prior years. Yet, bizarrely, we’re not selling any more homes. The volume of homes sold has been incredibly consistent for years, with a slight lull at year end as we're beginning to see now. Yet data varies wildly for homes in differing price ranges. Homes priced below $500,000 are becoming extinct as values continue their 68 month streak of gradual, steady gains. For example, YTD there were 10,315 homes* priced at or below $500,000 available for sale. This represents a roughly 60% … [Read more...]

Filed Under: Market Trends & News, Resources, Tips for Buyers, Tips for Sellers Tagged With: agent, buyer, buyers, coastal village, comps, home, home buying, home seller, homes, investment, investor, laguna beach, market value, millennial, Newport Coast, Orange County, seller, southern california, statistics, Wendy Hooper

Why I am Still in Real Estate

October 5, 2017 By Wendy Hooper

Why I am Still in Real Estate

Recent events have reminded me why I still work in real estate, in spite of the frustrating demise of our reputation as credible business people. And I think it bears repeating. For years I’ve lamented that so many licensed agents who don’t know their asses from their elbows are damaging the industry’s image of professional integrity. I get fed up and don’t want to be associated with their ilk. I have often said, “I'm DONE!" I recall the days, granted it was 20+ years ago, when Realtors were viewed as professional advisors. We took our jobs seriously. We studied. We advised clients on investments as if they were spending our own money. Those days are long gone. Instead, today’s agents are (accurately) depicted on “reality TV” as fast talking, sharp dressing, deal-makers who have no … [Read more...]

Filed Under: Resources Tagged With: agent, buyer, buyers, coastal village, comps, death, disability, divorce, home buying, home seller, home sellers, homes, housing, investment, investor, market, millennial, Orange County, real estate, southern california, trauma, Wendy Hooper

The Market is Cooling

June 22, 2016 By Wendy Hooper

The Market is Cooling

Steven Thomas, OC Housing Report dated June 16, 2016 REALTORS® on the streets of Orange County are describing a housing market that is obviously in transition. Some homes fly off the market in seconds, while others sit with very few showings. Some buyers are starting to take their time as summer distractions set in, yet others are chomping at the bit and are ready to jump at a moment’s notice. What is going on? This is the time of the year where the market seems a bit like Dr. Jekyll and Mr. Hyde. An ominous sign of a market in flux are the growing number of open house directional arrows sprouting up at busy intersections. Typically, more open house signs mean that homes are not flying off the market as quickly as they once did. This is due to a combination of reasons. The number … [Read more...]

Filed Under: Market Trends & News, Resources Tagged With: buyers, comps, home sellers, housing, market value, Orange County, real estate, statistics, Wendy Hooper

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Coastal Village Real Estate
3857 Birch St #707,
Newport Beach, CA 92660
949.870.2424
Broker ID: 02017713

Wendy Hooper

Wendy Hooper
With decades of experience in both Orange County residential real estate and residential finance, Wendy Hooper is "the professional's choice" in Orange County. Specializing in working with executives, business owners and professionals, Wendy keeps her finger on the pulse of both macro and micro real estate trends to help her clients make both savvy lifestyle and investment decisions. She is routinely called upon by lawyers, CPAs, bankers and others to provide real estate expertise and to help their clients with their real estate needs. Likewise, she makes her extensive network of professionals available to her clients to ensure that their full complement of needs are met professionally and efficiently.

A division of Coast Realty Services
3151 Airway Ave #Q-3, Costa Mesa CA 92626

949-870-2424
wendy@coastalvillagerealestate.com
BRE #01449478

Coastal Village Real Estate · 3857 Birch St #707, Newport Beach, CA 92660 · 949.870.2424
© Copyright 2018 · Wendy Hooper Ross & Coastal Village Real Estate · All Rights Reserved
A division of Coast Realty Services · 3151 Airway Ave #Q-3, Costa Mesa CA 92626