Happy March! We are already into the third month of the year! How has 2022 been treating you?
- Ukraine: U.S. says 90% of Russian forces massed on border have entered Ukraine
- Trump: Jan. 6 panel sees evidence of Trump ‘criminal conspiracy’
- Interest Rates: The Federal Reserve is ready to raise interest rates soon despite the war in Ukraine
- Dr. Seuss: New Dr. Seuss-inspired books to feature diverse creators
Luxury Real Estate on the Rise
The U.S. luxury real estate market is getting a significant boost from an increasing number of wealthy individuals who are showing a deep appreciation for owning multiple homes.
Haute Architecture: 6 Homes in Paris
Luxury Defined spotlights a collection of haute homes in and around the French capital. If you could chose any of these properties in France, which one would you chose?
The active listing inventory increased by 88 homes, up 7%, and now totals 1,358 homes, its lowest level for this time of the year since tracking began 19 years ago. In January, there were 23% fewer homes that came on the market compared to the 3-year average prior to COVID (2017 to 2019), 709 fewer. Last year, there were 2,438 homes on the market, 1,080 additional homes, or 80% more.
Demand, the number of pending sales over the prior month, surged by 315 pending sales in the past two weeks, up 19%, and now totals 1,998. Last year, there were 2,863 pending sales, 43% more than today due to the impact of COVID on housing. The 3-year average prior to COVID (2017 to 2019) was 2,393, or 20% more.
2846 N Nohl Canyon Road, Orange
Welcome to 2846 N Nohl Canyon Road, a Stunning Home Located on an Oversized Corner Lot in the Hills of Orange. This Dream Home Showcases Four Bedrooms, Three Bathrooms (One Bedroom and Bathroom Located on the Main Floor), New Luxury Vinyl Plank Floors, New Interior Paint, RV Parking, Dual Pane Windows, and Numerous Upgrades Throughout. The Formal Living Room Features Large Picture Windows with Backyard Views and Opens to the Dining Room. The Kitchen Enjoys Ample Counter and Cabinet Space, Peninsula with Seating, and Views of the Front Courtyard. The Family Room Includes a Cozy Fireplace, Wet Bar, and French Door Access to the Backyard.
12702 Red Hill Ave, North Tustin
Welcome to 12702 Red Hill Avenue, a Single Level Dream Home Located in the Heart of North Tustin. This Brilliant Floor Plan Features Four Bedrooms, Three Bathrooms, Hardwood Floors, Paid in Full Solar, Three Car Garage, and Has Been Fully Upgraded Throughout. The Light and Bright Kitchen Enjoys White Cabinets, Stainless Steel Appliances, Granite Counters, Walk-In Pantry, Wet Bar, Breakfast Nook, Island with Seating, and Overlooks the Backyard. The Spacious Family Room Features a Vaulted Ceiling, Cozy Fireplace, Built-In Entertainment Center, and Backyard Access. The Master Suite Enjoys a Fireplace, Walk-In Closet, Built-In Cabinets, Backyard Access, Dual Vanities, Makeup Vanity, Walk-In Shower, and Separate Tub. Each of the Ancillary Bedrooms are Spacious and Enjoy Walk-In Closets.
10762 Adams Cir, Villa Park
Welcome to one of the few, and highly sought-after single-story estates with unobstructed reservoir and rolling hills views. Custom built specifically to take full advantage of the serene rolling landscape; this single story has unobstructed views from almost every room in the house. Upon entry, one notes immediately the extreme attention to detail that perfectly compliments the minimalist midcentury décor. Enter through the custom built hardwood double doors, into an estate awash with light and a calm relaxing ambiance. This true single-story gem has been extensively remodeled to compliment the custom floorplan. The white oak styled floor, upgraded base and case, and calm neutral paint are crisp and clean without detracting from the stunning outlook. Living room is spacious and open with arched entries from hallway and dining room.
UPDATED EMAIL ADDRESS: KathyLeimkuhler@FirstTeam.com
REMOVED/COMPROMISED EMAIL ADDRESS: Kathy.Leimkuhler@gmail.com
Additional Ways To Contact Me:
Alternate Emails: Kathy@LeimkuhlerGroup.com & Info@LeimkuhlerGroup.com