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San Clemente Coastal Living: Real Estate & Lifestyle

Blog by Matt Cabrera
San Clemente, California

San Clemente Coastal Living specializes exclusively in the San Clemente real estate market. Our blog is dedicated to educating people on this unique coastal community while providing the latest real estate news on a local, county and national scale.

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San Clemente Coastal Living: Real Estate & Lifestyle

2008

Mortgage Rates Fall to 37 Year Low

Dec. 24, 2008
It appears the government pumping capital into the financial markets and the Fed's rate cut this week is beginning to have an impact on mortgage rates for your San Clemente real estate purchase. This... [Read More]

Mortgage Rates at Lowest Since January

Dec. 12, 2008
For the week ended December 3, interest rates on a 30 year fixed decreased to an average of 5.53% as compared to 5.97% the previous week and 5.96% a year ago. On $700,000 financed for your San Clemen... [Read More]

San Clemente Real Estate: Market Performance November 2008 vs November 2007

Dec. 12, 2008
For the month ended November 2008, San Clemente real estate sold increased 14.29% compared to the same month prior year. This is another consecutive month that sales have been better than prior year... [Read More]

SunCal Files for Chapter 11 Bankruptcy Protection on Marblehead Coastal

Nov. 19, 2008
Coming as no surprise following the collapse of Lehman Brothers, SunCal's biggest backer of the Marblehead Coastal real estate development, SunCal has filed for Chapter 11 bankruptcy protection this p... [Read More]

City Council Approves Ridgeline Trail Connection to San Juan Capistrano

Nov. 19, 2008
According to this article in the Orange County Register, the San Clemente City Council approved a plan to build a 2,100-foot-long connection linking the Forster Ranch Ridgeline Trail to a recently-bui... [Read More]

Overpricing is Bad News in a Buyer's Market

Nov. 13, 2008
In a recent article in the OC Register, the author compares the seller's market of a couple of years ago to today's market when speaking about pricing one's home for sale. In a seller's market, it wa... [Read More]

1031 Exchange Basics

Nov. 13, 2008
Having dealt with various investors (second home / vacation home clients), San Clemente Coastal Living thought it would be appropriate to address some 1031 Exchange basics. First, as an investor, you... [Read More]

San Clemente Foreclosure Update

Nov. 13, 2008
As of early November, San Clemente real estate for sale included approximately 97 total foreclosures and short-sales, representing 17.5% of the current properties for sale. The total number of San Cl... [Read More]

San Clemente Real Estate: Market Performance October 2008 versus October 2007

Nov. 13, 2008
For the month of October, San Clemente real estate continues to show improved signs we are working through the glut of inventory to bring supply and demand back into balance, the key for prices to sta... [Read More]

Getting the Best Deal on Your San Clemente Homeowners Insurance Policy

Oct. 30, 2008
This article on CNN outlines great ways to obtain the best deal on your homeowner's insurance policy. As premiums have skyrocketed over the past few years, the following are methods to help keep this... [Read More]

"Taste of San Clemente" returns November 7th

Oct. 30, 2008
The San Clemente Chamber of Commerce will be hosting the 17th annual "Taste of San Clemente" at the Courtside Restaurant in the Rancho San Clemente Tennis & Fitness Club. The event will... [Read More]

Creative Ways to Afford San Clemente Real Estate

Oct. 30, 2008
While San Clemente real estate prices have come down from their highs, many individuals are struggling to afford a home due to higher downpayment requirements required by lenders and the recent legisl... [Read More]

City of San Clemente to call performance bonds on Marblehead Coastal

Oct. 22, 2008
In the latest unnerving chapter of the Marblehead Coastal saga, the San Clemente City Council voted unanimously Tuesday to call in performance bonds against SunCal Marblehead LLC to complete infrastru... [Read More]

Orange County Homebuying in September Rises 62% Versus Last Year

Oct. 22, 2008
According to this article in the Orange County Register, home sales in Orange County showed gains over year-ago totals for the third month in a row, with the September mark hitting an all-time year-to... [Read More]

San Clemente Real Estate: Market Performance September 2008 vs September 2007

Oct. 22, 2008
For the month of September, San Clemente real estate continues to show signs we are working towards a bottom. New listings on the market continue to show a steep drop and home sales are approaching 2... [Read More]

Tips for Maintaining Good Credit and Shopping for Mortgages

Oct. 22, 2008
An article on CNN Money titled "9 Ways to Tough Out Tough Times" provides a number of ways to protect yourself during times of economic instability like our current situation. While many of... [Read More]

Government Bailout Passed

Oct. 8, 2008
President Bush has signed into law the $700 billion bailout of our nation's financial system. While there were many mixed emotions over the bill, it is a necessity to restore credit to our financial... [Read More]

California Home Sales Up 57% From Prior Year

Oct. 8, 2008
This week the California Association of Realtors (C.A.R.) reported that August sales in California were up 57% from the same period a year ago. In the San Clemente real estate market, sales were stab... [Read More]

San Clemente Outperforms Top 20 Metropolitan Markets

Oct. 1, 2008
This article illustrates that San Clemente real estate continues to hold on strong not only on a county or state level, but also on a national level when compared to the Standard & Poor's/Case-Shi... [Read More]

Smoking Ban on San Clemente Municipal Trails Starts Today

Oct. 1, 2008
Starting today, September 29th, a new law goes into effect that bans smoking on all San Clemente municipal trails. According to this article in the OC Register, the law bans smoking on the heavily-us... [Read More]