Laguna Beach Short Sales Under $800,000 Are Moving Quickly

The Laguna Beach short sale market is one that has undergone some significant changes in the last four years

. While many people have had the opportunity to "buy in" at below market value prices due to some pretty distressed homeowners, the trends have fluctuated. Right now, in what is probably a last great stand for the short sale market, there are some Laguna Beach homes still available for around the $800,000 price tag - an absolute steal if you know anything whatsoever about the area itself. As you consider whether to buy a home in the coming months, you need to pay particularly close attention to the developments within this region. The openings are fewer by the day, and as America gears up for one of its most contentious elections in years, the window of opportunity for buying low and selling high could be quickly slipping away in the Laguna Beach area.

One of the reasons the opportunities could be closing: America is getting more optimistic. The country has seen job numbers on the rise, and buyer confidence is starting to gain traction. The very first place these effects will be felt is in hot spot areas, such as Laguna Beach. When more people are employed, more people are anxious to buy homes. As the demand increases, interest rates go up along with home values. For the last four years, that hasn't been an issue anywhere, but jobs data is starting to tell a different story regarding what is going on in the country. Right now, there are still many nice homes in the Laguna Beach area that are selling for $800,000, but for how long they will last? Nobody knows.

As a result the short sales under $800,000 in Laguna Beach are moving fast, and with each day the opportunities to capitalize are fewer and further between. If you want to make the most of what lies ahead, then you really need to seek out an experienced short sale agent, who is willing to work with you and lead the charge against the other competition that is out there vying for attention. Of course, to win the attention of a quality short sale agent, you will have to have your own affairs in order (i.e. credit rating, consistent and adequate income, low amount of high interest debt, etc).

Just what can you expect once all the details are in place? You can expect your short sale agent to use his knowledge of the Laguna Beach area to locate properties that will be quickly up for bid. From there, he will work with you to construct a fair and competitive offer that puts you in a position of advantage. And before you know it, that Laguna Beach short sale will be yours.

by: Gen Wright

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