There are 23 properties available in Casta Del Sol, all in the most sought after retirement community, most with gorgeous views, some updated, wide price range, sqft. ranches from 1,000 to over 1,800. This is an age restricted community, 55+. There are 2 club houses, 2 pools, spa, walking trails, an active adult communitywith enough clubs that you could be busy every day of the month or just relax sitting on your patio enjoying the birds and views.
We are also located near a lake that has boating, fishing, swimming and community gatherings. Come check us out!

I came in this morning early as I do everyday, got my coffee and opened up my computer. The morning rate sheets were waiting to be downloaded and I could not believe my eyes. A 30 yrs fixed rate loan is down to 4.50%.

I guess I know what I will be doing for the rest of the day and the weekend. I'll be calling every old client that I ever did business and ever talked to and let them know what the rates are doing and see if they could use lower payments.

This is my Christmas present. Hopefully lots of refinances and maybe even a few purchases. No reccession here for me. Well this could be a good holiday and maybe with these rates we could have a way better '09.

These rates should stimulate any buyer who was on the fence to take advantage of the low home prices and incredible rates. The best of both worlds.

I wish all of you lots of luck and a great Holiday.

Not Another Text Message!
by John Alesi, Mission Viejo REALTOR®
Mission Viejo CA Real Estate

At 6:25pm I received a text message. At 6:27pm I received an email message. At 6:34 I received a phone call on my home line. Pretty normal...right?

These three "contacts" are part of a new emergency notification service tested for the first time today by the the City of Mission Viejo. The city has just become associated with the AlertOC mass notification system, which is run by the County of Orange (California) to notify citizens of potential emergency systems. The system is designed to notify all citizens with one phone call from a central location. Currently, the calls are sent out to all listed primary and business phones in Mission Viejo.

Residents can visit the city web portal to add secondary phone numbers, email addresses, SMS text numbers and TTY/TDD devices for the hearing impaired. Find more information at the City of Mission Viejo or AlertOC websites.

As a post script only 4 (Buena Park, Mission Viejo, San Clemente and San Juan Capistrano) of the 34 cities in Orange County have implemented the AlertOC system as of today. Some of the cities are in the process of adding the service while others are "doing their own thing".

John Alesi - REALTOR®
CENTURY 21 Superstars
Search the MLS at: www.YourOCHome.com

Mission Viejo Market Statistics for November
by John Alesi, Mission Viejo REALTOR®
Mission Viejo CA Real Estate

As the we get back to the grind after a long Thanksgiving weekend, I'd like to give you a snapshot of the market activity for November, 2008, for Mission Viejo houses (SFR/single family residence) and condos.

HOUSES/SFR:
Median Price: $570,000
Price per Sq. Ft: $299
Days On Market: 132
Inventory: 4.8 months supply

CONDOS:
Median Price: $299,900
Price per Sq. Ft: $261
Days On Market: 135
Inventory: 5.5 months supply

While the trend has been steadily downward through the year, things have seemed to reach a plateau. Inventory has steadily diminished with the current level ,down from a high of more than 12 months supply last year, but with Days On Market are increasing. Short sales still fill the list of Active properties with 33% of SFRs and 47% of Condos currently listed. For more information on Short Sales see my post at: Short Sale Information.

One area that will show some drastic changes in the coming months will be the number of NEW foreclosure listings and the available inventory. With the 90 day moretorium on froeclosures, this market will surely diminish from the current 12 SFR and 17 CONDOS (foreclosures) currently available for sale.

If you are considering a real estate transaction (buying,selling, relocating, investing), you can count on me as the local expert serving Rancho Santa Margarita, Ladera Ranch, Coto De Caza, Mission Viejo, Aliso Viejo, Dana Point, Irvine, Laguna Beach, Laguna Niguel, Laguna Hills, Laguna Woods, Lake Forest and San Juan Capistrano, as well as all of South Orange County.

John Alesi - REALTOR®
CENTURY 21 Superstars
Search the MLS at: www.YourOCHome.com

This post is copyrighted by John Alesi and may not be used without permission.