San Clemente Coastal Living Blog

In an effort to raise the necessary funds to complete the long-planned La Pata/Vista Hermosa Community Park, the City Council of San Clemente has approved the sale of 14.8 acres of land adjacent to the development's site to Target.  According to this article in the San Clemente Times, the sale wi...

To combat a large budget shortfall in the parks department after the new California state budget was recently adopted, state parks have decided to increase their fees to raise money in an effort to prevent closures of up to 100 parks.  In yesterday's Orange County Register, this article highlight...

According to the San Clemente Times, NY Firm D.E. Shaw has bid $195 million to buyout some of SunCal Properties, including Marblehead Coastal, after the bankruptcy of Lehman Brothers.  Marblehead Coastal real estate will be one of the last new developments along the Orange County coastline and en...

According to the San Clemente Times, a group of San Clemente residents are planning legal action against the City of San Clemente if they do not resolve the increased level of train noise due to the pedestrian crossings along the Beach Trail from North Beach to Calafia.  There are currently five ...

If you own San Clemente real estate, including Talega real estate, and are deliquent on your payments, you may qualify for a mortgage modification under the Obama administration's housing stabilization plan.  According to the article on CNN "Mortgage modifications are happening. Get Yours", the f...

San Clemente real estate currently has 473 homes and condos for sale with 142 or 30% being distressed properties - short-sales and foreclosures / bank-owned.  The Talega real estate market currently has 86 homes and condos for sale with short-sales and bank-owned properties accounting for 40 or 4...

For those of you who are currently looking to buy in the San Clemente real estate market, you may want to consider buying new development, the majority of which is located in the Talega real estate market.  The state of California is currently offering a $10,000 tax credit if you buy new developm...

In addition to the enticing benefit to purchase San Clemente real estate with the $8,000 tax credit for first-time homebuyers (i.e. have not owned in the past three years), the California Association of Realtors recently launched a new program to help ease the nerves of first-time homebuyers who ...

Why have the prices of San Clemente real estate dropped substantially over the past year and since the top of the market in 2006? Due to the anomally during the market boom when prices appreciated nearly 100%,  prices are now adjusting for the inconsistent and nonsustainable growth of the first s...

While getting pre-approved is a must in today's market in order to purchase San Clemente real estate, buyers need to be particulary careful not to alter their credit until the purchase is final.  Making the wrong move after getting pre-approved could result in your entire purchase falling apart. ...