Realty Digest February / March 2020 / Circulation 17,500 Monthly by Scot Campbell

February / March 2020 / Circulation 17,500 Monthly

17011 Malta Circle, Huntington Harbour | ON MARKET | $1,350,000 Beautifully Remodeled Contemporary Home on a quiet cul-de-sac street in the Mainland area of Huntington Harbour. Fantastic location just a short stroll to the Harbour Mall (restaurants, gym, shops, banks, & Trader Joes), Harbour View Elementary School, Davenport Beach/Marina, and less than 1 mile from the beach, Sealegs, BC Wetlands, & HHYC! This spacious two story home is stunning and is move-in-ready! The foyer opens to formal dining & living room with high ceilings and fireplace. The large island kitchen is open to family room with separate eating area & views of large, private, sunny (pool size) backyard. The large Island Kitchen has new shaker style cabinets & Carrera marble style quartz countertops, large pantry, & professional quality Kitchen Aid appliances. The Master Suite features: barn door entering the bathroom, new shower and Kohler double sinks & fixtures. Recessed lighting and all new blinds throughout, LED lighting interior and exterior, New Furnace & A/C, New back (retaining) wall, epoxy garage floor, garage cabinets/storage, & alarm system. Other features: Upstairs laundry, large 4th bedroom could be an upstairs family or game room ! 4 BR | 2.5 BR | 2535 ASqFt | 2 Car Attached Garage | Large Backyard

Scot Campbell Broker / Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com ÂŠ 2020 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell BankerÂŽ is a registered trademark licensed to Coldwell www.scotcampbell.com Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated. DRE #00943759

Days of Supply Indicates the Huntington Beach Market is "Balanced" or a "Slight Seller's Market" in most Price Segments By Huntington Beach Realtor - Scot Campbell - 2/24/20 Source: Realtor MLS & Reports on Housing

Days of Supply is an excellent measure of market activity as it tells us how many homes are selling relative to the number listed. On February 6, 2020 the reading was 40 days for the entire Huntington Beach market. This is the lowest reading since Spring 2017â&#x20AC;Ś there is a shortage of homes available relative to the numbers of buyers who want to take advantage of the low mortgage rates! In Huntington Beach, strong "Seller's Market" conditions are observed when this measure falls into 40 to 50 day range. The weakest conditions (Buyers Market) we have seen in the last 10 years was January 2019 with a 125 day reading. "Balanced Market" conditions appear to be in the 65 to 90 day range. There was a 10 Month Sales Slump in the Huntington Beach Real Estate Market, but we are now experiencing a Sales Recover The sales slump persisted from June 2018 thru March 2019. We saw ten months straight of home sales volume below the five-year average. However, the slump has ended, in the last ten months, the sales volume has been higher than the five-year average in 6 of the 10 months.

Scot Campbell is the

#1 Ranked Individual Coldwell Banker Agent in Orange County, CA.

Scot Campbell, Broker Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

Announced February 2020

16872 Clovergreen Lane, Huntington Beach, CA | ON MARKET | $1,125,000 Welcome home to "SummerLane", the community offers clubhouse, pool, parks and scenic walk ways… and it is just a short stroll to shopping, restaurants, & services. This Ashbury Home is beautifully upgraded. As you enter, you are greeted by an open concept living room & dining areas. The remodeled island kitchen features professional quality stainless steel Viking Range/Oven and matching stainless appliances… it is open to a casual breakfast nook & family room with fireplace. Just outside the sliding door is a professionally landscaped backyard with built-in stainless BBQ, covered dining area, and gas firepit area with speakers… perfect for entertaining family & friends. The luxurious remodeled master suite has double sinks, separate tub/shower and walk-in closet! Other features: low maintenance landscaping, double pane windows, hardwood floors, & energy efficient central air conditioning!

Huntington Beach Real Estate Sales JUMP 6.9% Year-over-year… Days of Supply down to 40 days, and Average Price Per Square Foot hits new Peak! Spring 2020 is a great time to Sell a Huntington Beach Home… especially in the market segments below $2 million. By Huntington Beach Realtor - Scot Campbell - 2/24/20 - Source: Realtor MLS/Reports on Housing

Mortgage Rates:

Mortgage Rates spiked at 4.94% per the FreddieMac Mortgage Market Survey on 11/15/18. Now, rates have come down to 3.49%: "The low mortgage rate environment continues to spur homebuying activity, with applications to purchase a home up fifteen percent from a year ago. We've seen new residential construction surge over the last few months, on pace to reach the highest level in more than a decade. This is a good sign for the inventorystarved housing market and is a promising indication for the spring homebuying season." (Freddie Mac 2/20/20).

A review of the January 2020 Huntington Beach Residential Closed Sales shows: Homes Sold: In January 2020, the entire Huntington Beach market saw a total of 93 houses, townhomes, and condos sold… 55 detached properties sold and 38 attached homes sold. The sales level was 18.13% lower than the five-year average for the month of January, and 6.9% higher than a year ago. Detached home sales were flat, and attached home closings increased 18.8% compared to January 2019. Average Days on Market until Under Contract: The average days on market for January 2020 was 45. This measure reflects homes selling rapidly, and many homes which had been listed for months being sold in the Fall & Holiday markets. Price per Square Foot: The January 2020 Average Price per Square Foot ($PSF) for the entire market was up 5.2% at $552 (Detached homes $559 and Attached homes $490). Average Price: The average price of detached homes sold in January 2020 was $1,132,078 an increase of 3.7% compared to January 2019. For attached homes the average price was $674,723 a decrease of 8.3% from the same period last year. Insight/Trend: Low mortgage rates are driving the market. With fewer homes on the market this year and more buyers looking to take advantage of the low rates, homes which are priced reasonably and prepared for the market will sell briskly this Spring/Summer (especially homes below $2 million).

Now is great time to transact real estate for both buyers and sellers. Favorable mortgage rates are helping to sell homes for sellers and decreasing payments for home buyers. Homes priced under $1 million are experiencing more activity than the higher end of the market… but conditions have improved across the board. Sellers: If you have been thinking of selling this year or next… all indications are that "this is the year to do it". Understand the relative strength of your market segment, and then use it as your guide for pricing & marketing strategy. Buyers: Mortgage Rates have dropped… This is a great time to be in the market… the best time in over 3 years!

Go to the “Newsletters” page on the “Resources” menu Of my website to read complete article and more charts. www.ScotCampbell.com Mobile Phone/Text: 714-336-0394 Email: Scot@CampbellRealtors.com Price Disclaimer: It should be noted that an increase in average price and average price per square foot of sold homes does not 100% correlate with appreciation of all homes. If buyers just happen to be focusing their purchase on luxury homes, it is possible to have an increase in the average price of sold homes while appreciation is flat. The same is true on the downside if buyers chose to buy mostly "fixer homes" in a particular month. The best way to value an individual home is by comparing it to similar homes recently sold in the same neighborhood.

NEW HOME | 625 13th Street, Huntington Beach | JUST LISTED | $2,195,000 Custom Coastal Contemporary home! Exquisite Open Concept 2,900 square foot floor plan has modern inspired architectural concepts, natural wood siding, and smooth stucco. It features 3 bedrooms, 3.5 bathrooms, spacious landscaped front patio, and the latest efficient new home technologies. First floor great room has soaring two story ceilings and a massive gourmet island kitchen open to the living and dining areas, and attached two car garage. The Middle level features: family room, laundry room, and two in-suite bedrooms. The 3rd floor is dedicated to a luxury master suite with retreat, sundeck, walk-in closet, and spacious bathroom. Ideal for an owner who wants to be "refreshed" everyday by a unique residence with clean lines and lots of natural light. 3 Bedrooms, 3.5 Baths | 2,900 ASqFt | 6 Blocks to Beach | 2 Car Garage Text 62513th to (714) 874-8161 for Additional Info & Photographs

805 Alabama Avenue: IN ESCROW

807 Alabama Avenue: $1,975,900

Just Completed Model Match New Homes! Luxury Quality 4 Bedroom, 3.5 Bath Contemporary homes loaded with upgrades including: Professional appliances, modern fixtures, hardwood flooring, wired for cameras & multizone music, A/C, two laundry rooms, built-in spa & firepit, attached 2 car garage, & 2 car driveway! The bottom level is Open Concept with Living, Dining, Kitchen, Powder room, & Family rooms in a great room configuration. The middle level features 3 Bedrooms, 2 Baths, Gallery, Game Room, & Laundry room with wide hallways and a spacious deck. The top floor is dedicated to the luxurious Master Suite which features a sundeck, separate vanities, luxury shower, free standing tub, stacked laundry area, and two, yes two, walk-in closets. The buyer of these homes will enjoy sunset walks on the beach, world class surfing, bike rides, fine dining, and nearby entertainmentâ&#x20AC;Ś the enviable location in Downtown Huntington Beach is just a short stroll to world-famous beaches, shops, restaurants, schools, and the new Pacific City Development!

805 & 807 Alabama Street

If we sell our house, we can move closer to the grandkids

Let’s do it!

Have you had Thoughts of Selling your home? We have pre-qualified buyers looking for Huntington Beach homes! Below are the "wants" of real people who are ready to buy… I asked each of them to summarize what they want to purchase.

If you have thought about selling, and your property matches up to one of our buyers, contact me so we can talk about your future plans. We are looking for: a house in one of the areas of Seacliff or Edwards Hill which is approximately 4,000+ square feet, large lot (10,000+ sqft), 3 (or more) garage spaces, pool is a plus. Price range: $3,000,000 +/- depending on condition. Please help me find: an on-water home in Huntington Harbour with 60+ foot boat dock, 4000+ square feet of living area, pool would be nice, big garage is a plus, already remodeled is a plus. Price: $3.25 to $4 million. Need seller to give me time to sell my home… contingent offer.

We are looking for: a townhouse in Huntington Harbour, Seacliff, Britewater, or Surfcrest with attached garage (bigger the better). Preferably with a view. At least 1,600+ square feet. Price range: $900,000-$1,250,000 depending on condition. Please watch for us, we want: A Britewater or Summerlane home with a downstairs bedroom & full bath. Our price range is $1 to $1.25 million. We need to sell our home to buy, so need someone who does not mind the sale of our home contingency. Here is what I want to buy: An offwater house in Huntington Harbour. At least 2,300 square feet with good location. Pool is a plus. 3 car garage is a plus. Do not want a major fixer. Price range: $1.2 to $1.65 million.

D N U

I am looking for: Double Lot properties in Downtown Huntington Beach that are tear downs. I like both the numbered streets and the old towne (city & state streets). I can be very flexible on the close date, I will cooperate with 1031 exchanges, and I will buy all cash in 100% "as-is" condition. Please look for me, I want: Land in Orange County that is suitable to build apartments. I have been building custom homes for years, and I want to just build and keep some apartments now. We are looking for: Fixer homes that are in very rough condition. I am a general contractor and I want to buy homes which need a lot of work, fix up, and resell for a profit. I will buy in any condition, as-is. Very flexible on close date.

“I need to buy a house closer to work!”

Let’s buy this RV!

I am ready to sell & move into a single story.

What should we do now that the house is sold?

Buyers walk into our Oceanfront Office on Pacific Coast Hwy & 18th Street in Huntington Beach every day, so we have many others looking to purchase! My husband and I want to buy: a Downtown long and skinny between 6th and 18th St. The home must be a detached SFR w a min 3 bed and 2 baths. Under 2,000 sq.ft. & detached garage OK. Price range: up to $1.275. Our family is looking for: Anything downtown under $850K. We know it will be a total fixer, but I am handy and I have helpers. We need 3 bedrooms. I am looking for: Anything downtown but NOT a long and skinny. I need a minimum three car garage and can go up to $1.75mm. I want something with 'character'. The park area is ideal.

We are looking for: A detached home in Huntington Beach or Fountain Valley for about $860,000. 3+ bed. 2 story. Open floor plan. Pool preferred.

D N U

We would like to buy: A Condo with Ocean or Bay View, preferably with a dock. We like the 'Simple Green' condos on Mariner Drive. Pre-Qualified to buy upto: $1.2 million We are hoping to find: An Income Property, a duplex or condo with separate entrance. It must have view or dock. Price range around $1.2 million. I want to buy: a newer build house in Downtown HB, open floor plan, 3 (or more) bedrooms, 3 (or more) baths, 2car garage, price range up to $1,700,000" We are looking for: an already updated home in Downtown or Old Town HB, prefer open floor plan but will consider other layouts, 3 or more bedrooms, 3 (or more) baths, 2-car garage.

We want to buy: either a townhouse or single family home with boat dock in Huntington Harbour, 3 bedrooms is fine, 2+ baths, at least 2,000 sqft, garage is necessary, not looking for a fixer, price up to $2,000,000. Help Please! My husband and I really want to buy: a detached home on the water in Huntington Harbour, but we can only spend upto $2 million MAX for Proposition 60 Tax Transfer reasons. I know that means the house will be a "fixer", but we are willing to buy AS-IS and work with the seller on terms provided we do not exceed $2 million sale price.

16412 Ardsley, Humboldt Island, Huntington Harbour | ON MARKET | $4,200,000 Rebuilt Luxury Waterfront Home with 97 feet of frontage on beautiful Christiana Bay in Huntington Harbour! Plenty of room on the 85 foot dock for your yacht, Duffy, skiff, kayaks, sabot, & paddle boardsâ&#x20AC;Ś enjoy gorgeous views from the amazing waterfront sunroom where you can watch friends & family sail & paddle the nice calm water of the bay. And, during the holidays, your fortunate guests will have a front row seat of the boat parade! No details were overlooked in the construction of this amazing contemporary home in 2011. Sound system, surveillance system, smart home features, gourmet island kitchen, climate controlled wine room, office with bay view, side-by-side aquariums, luxury quality finishes, and so much more! 4 Bedrooms + Office, 3.5 Baths | 4245 ASqFt | 97 Feet on Water | 85 Foot Dock | 3 Car Garage Text 16412ardsley to (714) 874-8161 for Additional Info & Photographs

T h e C O L D W E L L B A N KE R LIS T IN G PRE PA RA T IO N PRO G RA M Will Front the Cost of Your Home Improvement Projects with No Interest or Hidden Fees! STEP 1 -PLAN

STEP 2 -RENOVATE

STEP 3 -CHOOSE

STEP 4 - CLOSE

You and your real estate agent work together to determine what services will increase your home's value the most.

You will receive competitive bids for each service chosen from among several CB-LP Program approved service providers, your favorite contractor can also bid.

Finalize the paperwork and start your project! You're on your way to preparing your home for the market!

The CB-LP Program pays for the services upfront, and when the listing sells, the total cost will be repaid from the proceeds with no interest or hidden fees.

Fun Facts about the Benefits of Preparing your Home for the Market

Homes spend 73% less time on the market when staged.

Renovated Homes

sell on average 35 days quicker and at a 10-20% higher valuation.

81% of Buyers

find it "easier to visualize the property as their future home" when it is staged.

68% of staged homes sold for at least 9% more than their "unstaged neighbor's home".

The Coldwell Banker - Campbell Realtors Listing Preparation Program is administered through an exclusive partnership with Revive which is able to help many homeowners prepare their homes for the market simultaneously; however, there are limitations and restrictions. Coldwell Banker-Campbell Realtors is the exclusive partner in your area. Contact your agent for the program details.

414 9th Street, Huntington Beach | CLOSED

526 10th Street, Huntington Beach | CLOSED

Beautiful Modern Farmhouse architecture. Ideal for an owner who wants to be "refreshed" everyday by a residence with clean lines and lots of natural light. Exquisite Design & Finishes with an Open Concept 2900 Asqft floorplan. Modern inspired architectural concepts, with exterior finished in wood siding and white smooth stucco. Multiple Offers, sold in only a few after completion!

Enjoy sunset walks on the beach, world class surfing, bike rides, fine dining, and entertainment... this enviably located home is “close, but not too close” to world famous beaches, shops, restaurants, schools, and the New Pacific City Development.

NEW CONSTRUCTION | 3 Bdrms, 3.5 Baths | 2,900 ASqFt 2 Car Garage | 4 Blocks to Beach | $2,225,000

3 Bdrms + 3rd Floor Bonus Rm | 3 Full Baths | 2 Powder Rms 2,875 ASqFt | 2 Car Garage | $1,685,000

1206 Pine Street, Huntington Beach | CLOSED

707 13th Sttreet, Huntington Beach | CLOSED

This Modern Farm House it is as much a piece of art as it is a functional living space. Open Concept floor plan… you are greeted by a Chihuly inspired chandelier & floating three-sided fireplace which is the focal point of the foyer, living room, & kitchen. The home has 4 Bedrooms + Den, 3rd Floor Office, 5 Baths and approx. 4,000 square feet of living area + an over sized 4 car garage. 4 Bdrms + Retreat | Office | 5 Ba | 4 Car Garage | 4,000 ASqFt Highest Priced Sale in Park Area 2019 | $2,899,900

Breathtaking Architectural Design with Lush Landscaped Tropical Gardens, Fountains, Sunny Courtyard, & Sky Lit Atrium. Magnificent Mediterranean Estate on oversize lot in the “Park Area” of Huntington Beach! Located just 6 blocks to the beach and a short stroll to schools, parks, Main Street Village, Doggie Beach, & the new Pacific City. 4 Bdrms + Office, | 4.5 Ba | Oversize 3 Car Gar + RV Space 4,320 ASqFt | 6,325 ASqFt Lot | $2,625,000

16112 Whitecap Ln, Huntington Harbour | CLOSED This Gorgeous Home is located in a 24 Hour Guard Gated Community known as â&#x20AC;&#x153;Faire Marinâ&#x20AC;? in the "Huntington Harbour" area of Huntington Beach. It is a neighborhood which offers a wonderful combination of recreational opportunities including: paddleboarding, kayaking, fishing, evening Duffy Boat cruises, or it can be your takeoff point to SoCal favorite boating destination Catalina Island!

17321 Wareham Ln, Huntington Beach | CLOSED

Here is a Britewater "Sands" Plan 2 w ith a fantastic location! The oversize lot is private and offers lots of sunshine and entertaining area: with outdoor fireplace, covered patio, rock water fall, built in fire pit with sitting area, & BBQ island. The kitchen features granite counter tops, wood cabinets, and Viking Professional Series stainless steel appliances, including a refrigerator.

4 Bdrms or 3 Bdrms + Office | 3.5 Baths | 3,500+ SqFt Off Water ~ Interior Tract | 2 Car Garage | $1,600,000

4 Bdrms + Office Nook | 3 Baths | 2,089 ASqFt | 2 Car Garage SOLD Full Price by Scot with Multiple Offers | $1,249,900

16846 Bayview Drive, Sunset Beach, CA | CLOSED

16231 Santa Barbara Ln, Hunt. Harbour | CLOSED

This waterfront home on Sunset Island in Huntington Beach is a modern masterpiece with design elements and luxury finishes (Subzero & Wolf appliances, Hansgrohe Axor fixtures, AC, & more) which will delight buyers looking for a contemporary home with clean lines. It is Located on the water with a private boat dock, yet it is just a two block stroll to the soft & uncrowded sands of Sunset Beach.

This is the best priced Waterfront Home in Huntington Harbour! In Guard Gated Fair Marin/Harbor Coves, it was enlarged & rebuilt in 2012 and looks like new! 36 foot side tie boat dock will hold larger boat... also room to park a Duffy boat on the end cap, and even a skiff on the inside of the dock! At lower tides, there is a beach at the base of the seawall, and the "L" shaped patio features an award winning infinity edge pool & spa!

Waterfront Home | 3 Bdrms, 3 Baths | 2,912 ASqFt | Boat Dock 2 Car Attached Garage + 2 Spaces | $1,960,000

FREE Shred Event Bring your documents to be Securely Destroyed Right before Your Eyes and for FREE by our Commercial Grade “Shred It” Trucks !

“Shred it” Commercial Grade Truck will SHRED your Documents for FREE (Staples, clips, rubberbands all ok)

When ? Saturday, March 21, 2020

Anytime between 9 am to 1 pm

Where? Your Local Real Estate Experts’ Office ! Coldwell Banker Campbell Realtors 1720 Pacific Coast Highway, HB (corner of 18th Street and PCH)

Orange County Days of Supply varies across price segments The Days of Supply for all of Orange County is now at 55 days. When the Days of Supply drops below 60 days, the market is considered a Seller's Market. Last year, Orange County never dipped below the 60-day threshold. It appears as if 2020 is going to be much hotter than the last couple of years. There are many price ranges that have dipped below 60-days. For detached homes, it is everything below $1.5 million, 84% of current detached demand. For attached homes, it is everything between $250,000 to $1 million, 87% of attached demand. When the expected market time dips below 40 days, the market shifts to a sizzling hot seller's market... and price appreciation is to be expected. However, the Orange County market does not lean in the seller's favor for detached homes priced above $1.5 million and condominiums priced above $1 million… segments which are considered "luxury housing". These segments represent 30% of the inventory and only 9% of demand. The higher the price, the slower the market. Yet, the luxury market has improved considerably since the start of the year and the Days of Supply has been consistently dropping.

Coldwell Banker Campbell Realtors

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