Mission Viejo CA real estate listings and homes for sale, home buying, home selling information – Century 21 Beachside on Lake Mission Viejo

Mission Viejo and Orange County, California Real Estate Blog

Housing Affordability and Low Interest Rates Entice Buyers to Return to the Market

May 18th, 2009 9:49 AM

RISMEDIA, May 18, 2009-Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country. “There has never been a better time to buy,” said National Association of Realtors Chief Economist Lawrence Yun, who presented NAR’s economic outlook at the Economic Issues and Residential Real Estate Business Trends Forum that took place during the Realtors Midyear Legislative Meetings & Trade Expo that took place in Washington, D.C. last week. Yun commented on a convergence of favorable buying conditions while emphasizing how important it is for home buyers to stay within their budgets. “Housing affordability is at an all-time high, mortgage rates are historically low, and interest rates are the lowest they’ve been since the days of Eisenhower,” said Yun.

During a national real estate summit held in D.C. last week, Shaun Donovan, U.S. Secretary of the Department of Housing and Urban Development, announced that the Federal Housing Administration is going to permit its lenders to allow qualified home buyers to use the $8,000 tax credit as a downpayment. “Now that buyers will be able to use the $8,000 tax credit as a downpayment, we should see additional buyers enter the market,” said Yun.

While he doesn’t anticipate an immediate pickup in the coming months, Yun believes early summer will be a critical indicator of how home buyers are responding to the $8,000 tax credit. “The home buying process takes time,” said Yun. “This summer will gauge the success of the first-time home buyer tax credit.”

Evidence of recovery is already demonstrated in California, where home sales are rising much faster than anticipated; some areas in the state are seeing a 70% to 80% increase in sales. Yun attributes this surge to buyers who may have been sitting on the fence but are now taking advantage of the great opportunities for fear of being left out of current deals in the market.

According to Yun, many first-time buyers are attracted to deeply discounted and distressed home prices. Nationally, about half of all recent transactions have been distressed sales. Fifteen to 20% have been short sales and 30% to 35% have been foreclosures. Yun says while these statistics are unfortunate, the situation, along with current home buying incentives, has created an impressive window of opportunity for potential home buyers.

“The stimulus and falling inventory levels will help stabilize prices,” said Yun. “My projection is home sales will be 10 to 20 percent higher the second half of this year than last year and we will come out of this recession in 2010.”

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For a free list of homes to buy call Gail @ 949 422-4343.

Visit www.viphousesearch.com

Current Bank Owned homes in Mission Viejo;

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 1

Condominium Attached RES Active 25805 Marguerite Pkwy B203 Mission Viejo (MV) Price $179,900

Mission Viejo Central (MC) Zip 92692-3145 TGNO 922C3

Orange County (OR) XSTS VIA ANGELINA Aerial Map

U9002200 Media: 1 Builder Tract Other (OTHR)

Style Contemporary
Bed 2 Model (%)

Baths 2 Stories One Level Floor Floor 2 of 2

View View HOA Dues $ 258 + $ 0

ASqFt 1,040 Assessor YrBlt 1970 Assessor Land Fee

ALotSize 0 Estimated Dim Acres

Prkng Other Parking

Garage, # cars 0 Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

WELCOME HOME TO THE CITY OF MISSION VIEJO,ONE OF ORANGE COUNTY'S BEST CITIES. THIS IS A TWO BEDROOM TWO BATHROOM CONDO THAT FEATURES CLOSE TO 1,040 INTERIOR SQUARE FEET, AND A PRIVATE DECK THAT MAY BE JUST THE RIGHT SIZE FOR ENTERTAINING, AND PROVIDES FOR OUTSTANDING VIEWS. THE ASSOCIATION HAS A POOL, AND SPA, AND GREENBELTS THAT CREATE THE FEELING OF LIVING IN A RESORT. THE LOCATION MAY BE IDEAL, YOU ARE CLOSE TO ALL THE GREAT THINGS IN THE AREA; SCHOOLS, PARKS, RECREATION, SHOPPING AND SO MUCH MORE. SO COME HOME TO MISSION VIEJO, AND START TO ENJOY THE BEST OF SOUNTHERN CALIFORNIA LIVING TODAY.

Directions MARGUERITE AND VIA ANGELINA

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $172.98 Orig Price $ 179,900 Prev Price $ Current Price $179,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 2

Condominium Attached RES Active 24436 Verena Ct Mission Viejo (MV) Price $374,000

Mission Viejo Central (MC) Zip 92691-4764 TGNO 892A7

Orange County (OR) XSTS Muirlands & Olympus Aerial Map

S564642 Media: 15 Builder Tract Aegean Heights (HE)

Style Cape Cod
Bed 3 Model (E)

Baths 3 Stories Two Levels Floor Floor 1 of 2

View Trees/Woods View HOA Dues $ 238 + $ 0

ASqFt 2,000 Estimated YrBlt 1978 Assessor Land Fee

ALotSize 2,375 Assessor Dim 25x95 Acres 0.05

Prkng Direct Garage Access, Garage - Front Entry, Garage Attached, Guest Parking

Garage, # cars 2 A Remotes 0 # Uncovered Spaces Carport # Garages 1 RV Access Range Price Listing: No

Large Mission Viejo townhome located in a quiet tract and witin walking distance to great schools. This 4 bedroom and 3 bathroom townhome has started the remodelling process and just needs someone to finish and you'll end up with a show home. Previous owners have already spent the big bucks by adding new laminate flooring, new replacement windows, granite counters, new kitchen cabinets and more. Now all we need is for someone to paint and finish! There is a romantic fireplace in the large familyroom, vaulted ceilings and huge private, fenced backyard. Located within a highly desireable tract of townhomes surrounded by highend detached homes. Assocation facilities include tennis courts, clubhouse, pool, tot lots, parks and walking trails. $$$Investors this would make a great rental unit with potential for positive cash flow$$$

Directions Muirlands & Olympus

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $187.00 Orig Price $ 374,000 Prev Price $ Current Price $374,000

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 3

Single Family Residence Detached RES Active 27061 BENIDORM Mission Viejo (MV) Price $449,900

Mission Viejo Central (MC) Zip 92692- TGNO 922C6

Orange County (OR) XSTS Marguerite Prkwy & Felipe Aerial Map

MRM-K09052798 Media: 10 Builder Tract ()

Style
Bed 3 Model ()

Baths 2 Stories One Level Floor Floor

View No View HOA Dues $ 79 + $

ASqFt 1,448 Assessor YrBlt 1976 Land Fee

ALotSize 5,916 Dim Acres 0.14

Prkng Garage Attached

Garage, # cars 2 A Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

Beautifully rehabbed home with 3 bedrooms, 2 bathrooms and 2-car garage. Living room entry, family room with fireplace and kitchen with in-kitchen dining area. Master bedroom with master bathroom. Rear yard with concrete slab patio. New paint and carpet throughout. Excellent opportunity for a First-time Buyer!

Directions

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $310.70 Orig Price $ 449,900 Prev Price $ Current Price $449,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 4

Single Family Residence Detached RES Active 23969 Skyline Mission Viejo (MV) Price $804,900

Mission Viejo Central (MC) Zip 92692-1868 TGNO 892G6

Orange County (OR) XSTS OLYMPIAD & STONERIDGE Aerial Map

S574332 Media: 8 Builder Tract Stoneridge Gallery (SRGL)

Style Mediterranean
Bed 5 Model PLAN 1 (1)

Baths 4 Stories Two Levels Floor Floor

View City Lights View, Hills View, Panoramic View, Valley View HOA Dues $ 180 + $ 19

ASqFt 3,311 Builder YrBlt 1998 Estimated Land Fee

ALotSize 7,275 Assessor Dim Acres 0.17

Prkng Direct Garage Access, Driveway, Driveway - Concrete, Garage - Front Entry, Garage Attached

Garage, # cars 3 A Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

BEAUTIFUL & SPACIOUS VIEW HOME IN GATED COMMUNITY NEAR LAKE MISSION VIEJO. ENJOY THE VIEWS WHILE RELAXING IN THE SPA. EXPANSIVE FLOOR-PLAN WITH MAIN FLOOR BEDROOM & BATH, LARGE KITCHEN WITH CENTER ISLAND & BREAKFAST AREA. SPIRAL STAIRCASE, MASTER SUITE WITH BALCONY, JACK & JILL BEDROOM PLUS A 5TH BEDROOM WITH IT'S OWN BATH. WALK-IN CLOSETS, PLANTATION SHUTTERS, GRANITE COUNTERS, ADDITIONAL BUILT-IN CABINETS, LAUNDRY ROOM WITH SINK & MORE...

Directions 5 FREEWAY OFF AT ALICIA PKWY, HEAD EAST, RIGHT ON OLYMPIAD, LEFT ON STONERIDGE TO THE GATE

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $243.10 Orig Price $ 804,900 Prev Price $ Current Price $804,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 5

Condominium Attached RES Active 27883 Mazagon 121 Mission Viejo (MV) Price $224,000*

Mission Viejo North (MN) Zip 92692-1239 TGNO 892E5

Orange County (OR) XSTS S/Marguerite & N/Alicia Pkwy Aerial Map

U9000402 Media: 20 Builder Tract Finisterra On The Lake (FI)

Style Contemporary
Bed 2 Model (E)

Baths 2 Stories One Level Floor Floor 1 of 2

View City Lights View, Mountain View, Peek-A-Boo View HOA Dues $ 431 + $ 19

ASqFt 1,134 Assessor YrBlt 1978 Assessor Land Fee

ALotSize 0 Dim Acres

Prkng Carport, Garage Detached

Garage, # cars 1 D Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

YOU'LL LOVE THIS single story 2BR/2BA lower interior unit located in private gated development comprised of 9 streets which are elevated to provide city light, mountain & lake views to many of the units. Open floorplan, spacious living room with a step down from the foyer, large brick fireplace, sliding glass door with access to a tiled rear deck & 'Peek-A-Boo' mountain & city light view! Updated kitchen with nook, granite counters with decorative tiled backsplash & newer appliances. Spacious master bedroom with walk-in closet & sliding glass door to rear deck too! Stroll to 'Vista Del Lago', a popular lakeside shopping plaza with restaurants & shops. Enjoy access to private 'Lake Mission Viejo' with organized activities, boat rentals, fishing, a beach area, clubhouse & private party rentals!

Directions From 'San Diego Frwy' (5) East, past Marguerite Pkwy. Complex entry is lst street past Marguerite Pkwy; left into complex, proceed to end of entry street, right on Redondela, right on Mazagon. Subject on 1/2 down st on right. Park in open parking.

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $197.53 Orig Price $ 274,500 Prev Price $ 249,900 Current Price $224,000

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 6

Condominium Attached RES Active 26264 Via Roble 38 Mission Viejo (MV) Price $299,900

Mission Viejo North (MN) Zip 92691-2544 TGNO 892A4

Orange County (OR) XSTS TRABUCO Aerial Map

P682428 Media: 1 Builder Tract Other (OTHR)

Style Contemporary
Bed 3 Model (0)

Baths 2 Stories Two Levels Floor Floor 1 of 2

View No View HOA Dues $ 375 + $ 19

ASqFt 1,200 Assessor YrBlt 1972 Assessor Land Fee

ALotSize 0 Other Dim Acres

Prkng

Garage, # cars 1 Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

3 BEDROOM CONDO WITH A ONE CAR ATTACHED GARAGE. MEMBER OF THE MISSION VIEJO LAKE ASSOCIATION WHICH ALLOWS THE OWNER TO THE USE OF THE MISSION VIEJO LAKE THROUGHOUT THE YEAR. THIS COMPLEX ALSO HAS THE USE OF THE POOL AREA FOR THE ENTIRE FAMILY. THIS UNIT HAS A PATIO LARGE ENOUGH FOR A BBQ AND A TABLE AND CHAIRS.

Directions From the 5 fwy go towards El Toro Rd, right on Trabuco, right on Via Nuez, left on Via Roble, first rihgt, then first left until 26264. Please use parking space 26264 when showing.

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $249.92 Orig Price $ 299,900 Prev Price $ Current Price $299,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 7

Single Family Residence Detached RES Active 23881 Cypress Ln Mission Viejo (MV) Price $464,900

Mission Viejo North (MN) Zip 92691-3023 TGNO 891J7

Orange County (OR) XSTS Turf/Muirlands Aerial Map

S559660 Media: 14 Builder Tract Timberline (TL)

Style Contemporary
Bed 4 Model (0)

Baths 3 Stories Three or More Levels Floor Floor 1 of 2

View View HOA Dues $ 65 + $ 0

ASqFt 2,124 Assessor YrBlt 1977 Assessor Land Fee

ALotSize 3,276 Estimated Dim 52x63 Acres 0.07

Prkng Garage Attached

Garage, # cars 2 A Remotes 0 # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

Lovely home in the Timberlane Community is priced to sell! Needs some TLC. Spacious floor plan features 4 bedrooms, 3.5 bath. Bright open kitchen with ceramic counter tops and laminate hard wood floors. Formal dining room and cozy fireplace in living room. Huge master bedroom with dual vanity sinks in private bath. 2 car attached garage. Association amenities include, pool, spa and barbeque. Move In Ready! Dont miss out!

Directions Use Mapquest

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $218.88 Orig Price $ 464,900 Prev Price $ Current Price $464,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 8

Single Family Residence Detached RES Active 26451 Via Logrono Mission Viejo (MV) Price $532,900*

Mission Viejo North (MN) Zip 92691-2932 TGNO 892B5

Orange County (OR) XSTS Alicia & Via Logrono Aerial Map

S558451 Media: 19 Builder Tract Other (OTHR)

Style Contemporary
Bed 4 Model Custom (C)

Baths 3 Stories Two Levels Floor Floor

View Hills View HOA Dues $ 20 + $ 0

ASqFt 2,100 Estimated YrBlt 1973 Assessor Land Fee

ALotSize 7,200 Assessor Dim 60x120 Acres 0.17

Prkng Direct Garage Access, Driveway, Driveway - Concrete, Garage - Rear Entry, Guest Parking, On Street Parking

Garage, # cars 2 Remotes 0 # Uncovered Spaces Carport # Garages 1 RV Access Range Price Listing: No

The contractors own custom built home with many highend interior upgrades. The kitchen has been remodeled with stainless appliances, custom cabinets, custom woodwork and has been expanded to open on to the huge family roomaddition. The spacious familyroom has wood floors, built-in media center and french doors. Front living room has romantic fireplace, french doors, custom windows and crown molding. All bathrooms have been completely remodelled with highend appliances and plumbing fixtures. Hall bathroom was expanded to include a clawfoot tub and pedestal sink. There are 3 bedrooms and 2 baths down stairs and a large office work space. The entire second level of the home is a private master suite with large master bathroom, numerous walk-in closets and a view of the swiming pool. Lake Mission Viejo membership & facilities use. Property has a separate pool house & an unpermitted work shop on the side yard. Don't let the exterior fool you, the interior of the home is highly upgraded!

Directions Take Alicia to Via Logrono and turn Left, go all the way to the end of the street and we're third house from the corner on the Left side.

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $253.76 Orig Price $ 609,000 Prev Price $ 549,900 Current Price $532,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 9

Single Family Residence Detached RES Active 23752 Singapore St Mission Viejo (MV) Price $559,000

Mission Viejo North (MN) Zip 92691-3007 TGNO 891J6

Orange County (OR) XSTS Alicia / Po Aerial Map

S574525 Media: 10 Builder Tract S & S Eldorado North (SS)

Style Spanish
Bed 4 Model (c)

Baths 3 Stories Split Level Floor Floor

View Pool View HOA Dues $ 0 + $ 0

ASqFt 2,291 Assessor YrBlt 1976 Assessor Land Fee

ALotSize 6,956 Assessor Dim 56x124 Acres 0.16

Prkng Garage - Front Entry

Garage, # cars 2 Remotes 1 # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

This home has it all! 4 Bed+ 3 ba, Move in condition w/ pool and spa on a nice CDS street in the most desirable school district. New carpet, designer paint and pool equipment. Many custom touches including crown moulding, wainscotting, ceiling fans,book and art niches. Fantastic floor plan w/ one bed+ba downstairs. Volume ceilings, upgraded windows, custom stain glass entry door, sun shade awnings are just some of the extra features that make this home truly appealing. Pleasure to show.

Directions Alicia to Po

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $244.00 Orig Price $ 559,000 Prev Price $ Current Price $559,000

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 10

Single Family Residence Detached RES Active 22006 Teresa Mission Viejo (MV) Price $689,900

Mission Viejo North (MN) Zip 92692-1138 TGNO 892F3

Orange County (OR) XSTS Santa Margarita/ Melinda Aerial Map

S573209 Media: 10 Builder Tract Galicia (North) (GA)

Style Contemporary
Bed 4 Model (0)

Baths 3 Stories Two Levels Floor Floor 1 of 1

View No View HOA Dues $ 43 + $ 19

ASqFt 3,097 Assessor YrBlt 1982 Assessor Land Fee

ALotSize 5,980 Assessor Dim Acres 0.14

Prkng Garage - Two Door, Garage Attached, Interior Access

Garage, # cars 3 A Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

Great location in wonderful neighborhood. Nice private backyard with custom pool and spa. Home has 4 bedrooms plus a large bonus room with wet bar. Master bed is large with private patio overlooking pool. Open floorplan with formal dining room, breakfast nook and family room with french doors leading to back yard.

Directions EL TORO RD., Turn SLIGHT RIGHT onto SANTA MARGARITA PKWY., Turn RIGHT onto MELINDA RD., Turn RIGHT onto ANAYA., Turn LEFT onto TERESA.

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $222.76 Orig Price $ 689,900 Prev Price $ Current Price $689,900

Gail McClendon Residential Mon, May 18, 2009 09:46 AM Ref: 11

Single Family Residence Detached RES Active 22605 Wakefield Mission Viejo (MV) Price $829,900

Mission Viejo North (MN) Zip 92692-4737 TGNO 892F4

Orange County (OR) XSTS Alicia/Rustic Aerial Map

S572926 Media: 1 Builder Tract Cliff Wood (CLIF)

Style Mediterranean
Bed 5 Model (3)

Baths 5 Stories Two Levels Floor Floor

View Canyon View HOA Dues $ 265 + $ 19

ASqFt 3,442 Other YrBlt 1997 Assessor Land Fee

ALotSize 6,420 Assessor Dim Acres 0.15

Prkng Garage Attached

Garage, # cars 3 A Remotes # Uncovered Spaces Carport # Garages RV Access Range Price Listing: No

Don't wait!! Great Canyon Crest home ready for a new owner! Needs minor cosmetic touch ups to make this house a home. End of cul de sac and single loaded street. Custom paint, granite counter tops, slate and travertine flooring. Nice sized rooms. One room down with formal living room and separate dining room. This is a must see! Hurry!

Directions From 5 exit Alicia go north. Left on Rustic Oak. (Guard gate show your card) Go straight and right on applegate. Right on wakefield. Go to end of cul de sac.

Special Conditions: REO/Lender-Owned

Contact Information

This Report was created by:

Agent: Gail McClendon Phone: 949-422-4343 Mobile Ph: Pager: 000-0000

Office: Century 21 Beachside MV Fax: 949-597-4015 Email: viphousesearch@yahoo.com Website: www.viphousesearch.com

Listing Activity

LP/SqFt $241.11 Orig Price $ 829,900 Prev Price $ Current Price $829,900

Posted by Gail McClendon on May 18th, 2009 9:49 AMPost a Comment (0)