Laguna Beach CA Real Estate - Homes For Sale | California Realtors - Agents | Veytia Group
Search Properties in Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point and San Clemente, CA
Search Properties by Map in Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point and San Clemente, CA
Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point and San Clemente Listings by Email
Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point and San Clemente Featured Listings
Sold Listings
Laguna Beach Real Estate - Homes For Sale | California Realtor
Laguna Niguel Real Estate - Homes For Sale | California Realtor
Dana Point Real Estate - Homes For Sale | California Realtor
San Clemente Real Estate - Homes For Sale | California Realtor
Historic OC
Relocating to Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point or San Clemente?
Buying a home in Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point or San Clemente?
Selling a home in Laguna Beach, Monarch Beach, Laguna Niguel, Dana Point or San Clemente?
What Our Clients Say about the Veytia Group
About The Veytia Group
  
John Veytia Receives Senate Recognition!
South Orange County Community Involvement
Laguna Beach CA Blog
Contact The Veytia Group
Our Marketing
Feedback
Market Snapshot

Quick Search
Real Estate Blog
 Laguna Beach CA Blog 
Friday, 22 August 2008

Well they did it! Not only did Philip Sneyd of the Veytia Group and Dusty Boyd make it from the north side of the rim down and back up the south side, they made it across in 8.5 hours on Wednesday August 20th.

But wait they had to get back to the north rim somehow right? Astonishingly the next day they started right where they finished the day before and ran back down where they did it again -in an astonishing 6 hours and 40 minutes!

The purpose of this run was to raise awareness and contributions for C.A.F. Challenged Athletes Foundation, a foundation which enables people who have lost limbs to achieve the active lifestyles they desire by providing prosthetic limbs.

Please check out their website for more information regarding events and fundraising. www.challengedathletes.org

 
Please show your support by mailing a contribution made out to:

Challenged Athletes Foundation

Sent Care of: Philip at Veytia Group

32351 Coast Highway-Laguna Beach, Ca 92651

Please e-mail Philip with any questions you may have.

philip@veytiagroup.com

Posted by: Veytia Group AT 01:00 pm   |  Permalink   |  0 Comments  |  Email
Wednesday, 13 August 2008

1. MINIMIZES OFFERS
An overpriced house discourages prospective buyers form making offers since the difference between the asking price and market price becomes substantial.

2. AGENT ENTHUSIASM AND RESPONSE
Agents lose interest in property that is overpriced. They do not spend as much time in moving the house as they would if it were priced right.

3. QUALIFIED BUYER EXPOSURE
Overpriced houses fail to attract qualified buyers, or attract "wrong" buyers.

4. DECLINE IN SHOWINGS
Agents avoid showing overpriced houses in order not to lose credibility with buyers.

5. LOOSES PROSPECTS INTEREST FROM SIGNS
Prospects who learn about the house from the sign get turned off if it is overpriced. They do not pursue the matter to see the house.

6. LIMITS FINANCING
Financial institutions and mortgage companies finance only a percentage of the real value of the house. If the house is overpriced, they usually will finance a lower percentage, thus reducing the available financing.

7. WASTE OF ADVERTISING DOLLARS
A house that is unrealistically priced fails to get normal advertising response. This reduces the effectiveness of advertising and results in the loss of advertising dollars.

8. LESS FOR SELLER
Eventually market interest in the overpriced property completely declines. As this stage is reached, the seller becomes desperate and he begins to feel he would sell at any price. In the meantime, he or she must bear maintenance and holding costs. The net result is that the seller gets much less than he could have if the house was correctly priced in the first place.

Posted by: Veytia Group AT 03:14 pm   |  Permalink   |  0 Comments  |  Email
Tuesday, 12 August 2008

Michael Learmonth
July 25, 2008 7:29 AM

American newspapers are getting hammered by evaporating classified ads, but Craigslist isn't (SAI 25 No. 3). CEO Jim Buckmaster shared some June numbers that will make a newspaper publisher weep: housing ads are up 85% y/y, with rental ads up 120% and real estate up 70%.

Still, even as Craigslist takes market share, it is not immune to market conditions. Employment ads are flat in the first six months of 2008, reflecting a slowdown in Craigslist' biggest and most mature markets -- San Francisco, New York City, Los Angeles, Seattle, Boston and DC.

But employment ads are growing elsewhere: in fact, Craigslist is considering adding listing fees in eight additional markets -- Atlanta, Austin, Denver, Houston, Miami, Philadelphia and Phoenix -- due to higher demand. Craigslist currently charges for employment ads in 10 cities and for real estate ads in New York City.

Buckmaster stopped by SAI world headquarters for a chat; Henry Blodget is on the record putting a $5 billion valuation on Craigslist, provided they took the bold step of charging for all employment ads instead of just in 10 markets. But that's not happening anytime soon. "We love providing a service people love; that's more important to us than financial gain," Buckmaster said. "We evolve the site in ways users are asking us for, and users don't ask us to run text ads or banner ads." Indeed, Craigslist charges for employment classifieds not because it needs the money, but to discourage spammers.

So, what else is happening with the world's most popular classified service?

  • Growth is, in fact, slowing slightly. This may be the first year since the beginning (1995) that pages views haven't grown 100% y/y
  • Growth is slowing in mature markets (SF, NY, DC, LA, etc) but accelerating in Midwest and southern cities, in some cases 1000% y/y
  • Craigslist is getting 50 million unique visitors and 12 billion page views a month
  • Craigslist launched 120 new cities in April; most outside the US. The fastest-growing international cities are London, Paris, Manila and, after years of relative dormancy, China
  • Future sites will largely be outside the US and Canada
  • The company has implemented technologies to cut down spam and inappropriate content, but Buckmaster says the Craigslist community is still the most important factor in policing the 35 million classified ads posted each month
  • In 2000, Craigslist was run on one PC running Linux and handled 6 million page views a month. Today, it has two co-location facilities and 300 servers

On advice from his lawyers Buckmaster offered no update on the legal dispute with eBay. Recall, eBay sued Craigslist for allegedly diluting the value of its 28% stake. Craigslist countersued, claiming eBay used its position on the board to gather intelligence to launch its own Craigslist killer, Kijiji.

Posted by: Veytia Group AT 02:48 pm   |  Permalink   |  0 Comments  |  Email
Wednesday, 06 August 2008

On Thursday August 21st, while most of you are warm and snug in your beds, Philip Sneyd, a member of the Veytia Group with Keller Williams, is going to attempt to RACE the rigorous and dangerous Grand Canyon "Rim-to-Rim" trail. He will cover a distance of 24 miles - over 11,000 feet in elevation changes, and face 115 degree temperatures. Most who attempt this brutal crossing, take an average of 3 Days. The Goal - To complete this Challenge in 8 hours or less!!!

The purpose of this run is to raise funds for C.A.F. (Challenged Athletes Foundation). A tragic auto accident in 2001 changed Philip's family when his father lost the use of his leg and will need a prosthetic limb in the future.

“It is the mission of the Challenged Athletes Foundation to provide opportunities and support to people with physical disabilities so they can pursue active lifestyles through physical fitness and competitive athletics. The Challenged Athletes Foundation believes that involvement in sports at any level increases self-esteem encourages independence and enhances quality of life.”

Please check out their website for more information regarding events and fundraising. www.challengedathletes.org

Please show your support by mailing a contribution made out to:

Challenged Athletes Foundation
Sent Care Of: Philip at Veytia Group
32351 Coast Highway Laguna Beach Ca, 92651

Please e-mail Philip with any questions you may have.
philip@veytiagroup.com

Posted by: Veytia Group AT 12:07 pm   |  Permalink   |  0 Comments  |  Email
Tuesday, 05 August 2008
Home sales increased 2.5 percent in April in California compared with the same period a year ago, while the median price of an existing home fell 32 percent, the California Association of Realtors® (C.A.R.) reported today.

“Home sales registered a 2.5 percent year-to-year gain compared with April 2007, ending a 30-month string of year-to-year percentage decreases that began in October 2005,” said C.A.R. President William E. Brown. “This is not to say that the credit crunch that has contributed to the sales decline has disappeared. Both tighter underwriting standards and the ongoing effects of the credit/liquidity crunch continue to constrain sales.”

Closed escrow sales of existing, single-family detached homes in California totaled 366,720 in April at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local Realtor® associations statewide. Statewide home resale activity increased 2.5 percent from the revised 357,640 sales pace recorded in April 2007.

The statewide sales figure represents what the total number of homes sold during 2008 would be if sales maintained the April pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

The median price of an existing, single-family detached home in California during April 2008 was $403,870, a 32 percent decrease from the revised $594,110 median for April 2007, C.A.R. reported. The April 2008 median price fell 2.6 percent compared with March’s revised $414,640 median price.

“Significant price declines are spurring home sales to bargain hunters and first-time buyers at the middle- and low-end of the market, especially in areas with a concentration of distressed properties,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young.

C.A.R.’s Unsold Inventory Index for existing, single-family detached homes in April 2008 was 9.2 months, compared with 11.3 months for the same period a year ago. The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.

Thirty-year fixed-mortgage interest rates averaged 5.92 percent during April 2008, compared with 6.18 percent in April 2007, according to Freddie Mac. Adjustable-mortgage interest rates averaged 5.19 percent in April 2008, compared with 5.45 percent in April 2007.

The median number of days it took to sell a single-family home was 52.1 days in April 2008, compared with 53.1 for the same period a year ago.

What does this mean to us here in Dana Point? We have low interest rates and a good amount of inventory to be able to choose the right home. Move up buyers have a wonderful opportunity to move up to a new home with low interest rates and because of lower prices they will have lower taxes.

Call us for more information at 949 415 011
Posted by: Veytia Group AT 10:49 am   |  Permalink   |  0 Comments  |  Email

John Veytia
The Veytia Group

32351 Coast Highway
Laguna Beach, CA 92651

Phone: (949) 701-5554
Toll Free: (800) 564-6112


Email: john@veytiagroup.com


 

TERMS OF USE - PRIVACY POLICY - CONTACT POLICY

Copyright© 2013 John Veytia, REALTOR®, All Rights Reserved.


Site Map

Site Powered By
    prostepmarketing.com
    Online web site design