Multiple Offers Now Seen For Laguna Beach Homes

Finding a Laguna Beach home for less than $1 million used to be a pipe dream that

no one could envision as reality until, in 2008, the market crashed for real estate housing, and has been trying to claw its way back into prominence ever since. This has been good news for savvy real estate investors, but the days of great deals are about at their end. That's why you are currently seeing many Laguna Beach homes start to sell around the $800,000 range. Especially with short sale homes, which offer a cheap yet highly competitive way of breaking into this market, the buying activity has really picked up. If you hope to get a piece of the action before it is too late, it is time to act fast.

With multiple offers on Laguna Beach homes coming in at $800,000, you don't have to be filthy rich anymore to live in one of the most highly valued areas in all of California and possibly the world. All you really need is a good credit rating, the right debt to income ratio, a responsible history with debt management - meaning no massive high interest credit card debt - and the will to move forward with a purchase. Before you wait too long, there are some things that you need to know about the Laguna Beach real estate market.

1. Low prices are an anomaly.

You get what you pay for. That's the old adage. And while it may be true, the Laguna Beach homes are way undervalued compared to the levels they are capable of reaching. Now that the employment numbers are on the move back in a more positive direction, the mood to purchase a home is improving throughout America. One of the first places they are going to look will be areas, such as Laguna Beach that offer privacy, beauty, and access to the modern conveniences of life. So don't expect to get a quality home at the $800,000 range for long. That means if you're ready to move forward with a transaction, then do it today before the market continues to improve and prices go up.

2. Short sales are disappearing.

With short sales in the Laguna Beach area, home buyers are getting the rare opportunity to buy quality homes way below the everyday market price. And since these types of sales are highly competitive in the first place, you may not want to waste this opportunity, even if you can afford to pay full price.

You got to where you are by being smart with your money, so what better way to continue than to throw your hat in the ring for a great Laguna Beach home today?

by: Gen Wright

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