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30 Day Market Snapshot: Woodbury
(JAN 22, 2025 - FEB 21, 2025)
30 Day Market Snapshot: Woodbury
check out our blog post.
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7 Properties for Sale
- Default
- Price-High To Low
- Newest Listings
- Price-Low To High
- Beds (Most)
- Baths (Most)
- Square Feet (Biggest)
- Year Built (Newest)
$ 1,200,000
60 Peony, Irvine, CA 92618
Condo
Listed by Zen Ziejewski of Real Broker
$ 3,138,000
23 Dusty Rose, Irvine, CA 92620
Single Family Home
Listed by Gang Ding of Real Broker
$ 3,388,000
64 Winding WAY, Irvine, CA 92620
Single Family Home
Listed by Jineng Wei of Universal Elite Inc.
$ 1,560,000
28 Pink Sage, Irvine, CA 92620
Condo
Listed by Jessica Hsu of HomeSmart, Evergreen Realty
$ 1,380,000
30 Strata, Irvine, CA 92618
Condo
Listed by Ruchen Li of Keller Williams Realty Irvine
$ 3,995,000
37 Triple Leaf, Irvine, CA 92620
Single Family Home
Listed by Kristina Moore of The Moore Group
$ 3,285,000
71 Fanlight, Irvine, CA 92620
Single Family Home
Listed by Chi Chun Luo of RE/MAX Fine Homes
MY BLOGS
Northwood Pointe
Discover Northwood Pointe, a vibrant neighborhood located within the village of Northwood in Irvine, California. Known for its family-friendly environment, excellent amenities, and proximity to shopping and entertainment, Northwood Pointe is a sought-after destination for homebuyers and investors alike. Collage in Northwood Pointe, Irvine, California Homes: Single Family Homes, Townhomes, Condominiums (detached and attached) Built between 1979-2020 Square Footage ranging from 1000-5600 sq ft Community Amenities: Community pool and parking lot maintained by Northwood Pointe Maintenance Association Nearby Meadowood Park featuring playgrounds, picnic areas, and sports fields Close proximity to numerous neighborhood parks and trails, including Hicks Canyon Trail. Schools: Canyon View Elementary School K-6 Sierra Vista Middle School 7-8 Northwood High School 9-12 IUSD School Boundaries & Enrollment Nearby Shopping: Northwood Town Center Orchard Hills Shopping Center Northpark Plaza The District (Tustin) Location: Surrounded by parks and open spaces, Northwood Pointe offers easy access to nature trails and outdoor activities. Convenient access to major freeways (the 5 and 405) and toll roads (133, 241, and 261) Adjacent Communities: Orchard Hills Northpark Northwood Eastwood Village View Current Northwood Homes for Sale One of the key attractions of Northwood Pointe is its serene environment and family-friendly atmosphere. Nestled among parks and open spaces, this community offers residents a peaceful retreat with easy access to urban amenities. Families appreciate the top-rated schools and safe surroundings, making it an ideal place to call home. Northwood Pointe also provides a range of housing options to suit various preferences and lifestyles. Whether you're looking for a spacious single-family home, a cozy townhouse, or a modern condominium, you'll find options that fit your needs. Architectural styles vary, offering diversity in design and aesthetic appeal. For investors, Northwood Pointe presents a promising opportunity with its established reputation and desirable location. The community's proximity to major business hubs and educational institutions enhances its appeal for long-term investment. In summary, Northwood Pointe in Irvine offers a blend of natural beauty, convenient amenities, and a welcoming community atmosphere. Whether you're buying a home for your family or considering an investment property, Northwood Pointe provides a compelling choice.
Spring Home Buying Guide: 3 Essential Steps for Success in a Competitive Market
The spring housing market is in full swing, and with homes flying off the market at record speed, buyers need to be well-prepared to secure their dream home. In this guide, we'll walk you through the essential steps to navigate the competitive Orange County, California housing market successfully. As your Realtor it's my goal to prepare you so your home buying journey is a smooth and successful process. 1. Meet with a Realtor: Meeting with a Realtor is crucial, especially in a competitive market. As your Realtor, I'll sit down with you to understand your specific needs, preferences, and goals. Together, we'll create a tailored game plan that aligns with your objectives and sets realistic expectations. Whether you're a first-time homebuyer or a seasoned investor, having a clear strategy in place is key to navigating the complexities of the current market. From identifying neighborhoods that meet your criteria to advising you on the latest market trends and negotiating on your behalf, I'll be there every step of the way to ensure a smooth and successful home buying experience. 2. Get Pre-Approved for a Mortgage: Securing pre-approval for a mortgage is essential for any homebuyer, especially in a market where homes are moving quickly. Partnering with a reputable lender will help you understand your borrowing capacity and determine which type of loan best suits your financial situation. By getting pre-approved, you'll have a clear understanding of your budget, empowering you to make confident offers when you find the right property. Additionally, being pre-approved demonstrates to sellers that you're a serious buyer, giving you an edge in competitive bidding situations. As your Realtor, I can connect you with trusted mortgage professionals who can guide you through the pre-approval process and ensure you're well-prepared to make your move when the time comes. Bonus Tip: Gather copies of your W2 statements, bank statements, and a list of debts so you are prepared to submit to your lender. Learn more about pre-approvals HERE. 3. Create a Wish List: Crafting a comprehensive wish list is an essential step in the homebuying process. By clearly outlining your "Must-Haves," "Nice-to-Haves," and "Deal-Breakers," you'll streamline your search and focus on properties that align with your priorities. During our initial consultation, we'll discuss your wish list in detail, taking into account factors such as location, property size, amenities, and budget constraints. As your Realtor, I'll leverage my expertise and market knowledge to identify properties that meet your criteria and guide you through the decision-making process. Whether you're envisioning a spacious backyard for family gatherings or a gourmet kitchen for culinary adventures, your wish list will serve as a roadmap for finding your dream home. By taking these proactive steps, you'll position yourself for success in this fast paced housing market. If you're thinking of making a move, don't hesitate to reach out. I'm here to help you navigate the process and achieve your homeownership goals. Whether by email, text, or phone call, let's start planning your next move today!jessica@irvinerealty.co 949-368-0008
Renting vs. Buying: Making Informed Decisions in Today's Market in Irvine, California
In today's dynamic real estate landscape, the decision to rent or buy a home is one of the most significant financial choices individuals can make. It involves a careful examination of various factors, including personal finances, lifestyle preferences, and prevailing market conditions. This guide aims to provide readers with an in-depth analysis of the rent-versus-buy dilemma, exploring the pros and cons of each option and offering insights into the current housing market across Irvine, California, Orange County, California, and the broader United States. Understanding the Rent-vs.-Buy Dilemma: The rent-versus-buy dilemma is a complex decision that hinges on several key factors. Financial stability, lifestyle preferences, and market conditions all play a crucial role in shaping this choice. Financial stability involves assessing one's ability to afford homeownership, including factors such as income stability, debt obligations, credit history, and savings. Lifestyle preferences encompass considerations such as desired level of independence, willingness to undertake homeownership responsibilities, and long-term housing goals. Market conditions, including housing supply and demand dynamics, home prices, mortgage interest rates, and economic indicators, vary by region and can significantly influence housing decisions. Pros of Renting Flexibility: Renting offers tenants the flexibility to adapt to changing circumstances, such as job relocations or lifestyle transitions, without the constraints of property ownership. Lower upfront costs: Renters typically face lower initial financial commitments compared to buyers, with expenses limited to a security deposit and monthly rent payments. Cons of Renting Lack of equity building: Renters do not have the opportunity to build equity in a property over time, as homeowners do through mortgage payments and property appreciation. Limited control: Renters may face restrictions on customizing their living space or making structural changes to the property, depending on lease agreements and landlord policies. Pros of Buying Equity building: Homeownership allows individuals to build equity over time, contributing to long-term wealth accumulation through property appreciation and mortgage principal payments. Stability and autonomy: Homeowners enjoy the stability and autonomy of owning their living space, with the freedom to customize and personalize their home according to their preferences. Cons of Buying High upfront costs: Buying a home entails significant initial expenses, including a down payment, closing costs, and other associated fees. Maintenance responsibilities: Homeowners are responsible for ongoing maintenance and repairs, which can add to the overall cost of homeownership and require time and effort to manage. Market Implications: Irvine, California: Nestled in the heart of Orange County, Irvine boasts a thriving real estate market characterized by high demand, limited inventory, and remarkable property appreciation. Over the past decade, Irvine has emerged as one of the most sought-after residential destinations in Southern California, attracting homebuyers with its top-tier schools, diverse neighborhoods, beautiful weather, and vibrant community amenities. 5 year Trends: Median Sales Price in Irvine (February, year over year based on MLS sales data) 2024: $1,519,000 2023: $1,325,500 2022: $1,332,500 2021: $892,000 2020: $886,500 Orange County, California: Widely regarded as one of the most desirable regions in Southern California, Orange County offers a diverse range of housing options, from beachfront estates to suburban communities. The county's proximity to major employment hubs, cultural attractions, and scenic landscapes makes it a perennial favorite among homebuyers seeking an enviable quality of life. Similar to Irvine, Orange County's housing market exhibits traits of high demand, limited inventory, and strong property appreciation. While specific trends may vary by neighborhood and city, the overarching theme of competitive bidding and rising home prices prevails throughout the county. Orange County's real estate market remains robust, attracting both local and out-of-state buyers eager to invest in Southern California's coveted lifestyle. 5 year Trends: Median Sales Price in Orange County (February, year over year based on MLS sales data) 2024: $1,100,000 2023: $950,000 2022: $989,000 2021: $825,000 2020: $745,000 United States: On a national scale, the U.S. housing market has experienced notable fluctuations in response to various economic factors and market conditions. While certain regions have witnessed robust appreciation and sustained demand, others have grappled with affordability challenges and stagnant growth. According to recent data from the National Association of Realtors, the median sale price of existing homes in the United States has increased by 4.7% year-over-year, reflecting strong buyer demand and limited housing supply. However, regional disparities persist. Some markets are experiencing double-digit price growth, such as the Northeast (10.2%), while others lag behind, such as the Southern region (2.9%), due to economic uncertainties and demographic shifts. Prospective homebuyers and renters should carefully assess local market conditions and economic indicators to make informed decisions aligned with their financial goals and lifestyle preferences. Utilizing Tools and Resources: One valuable tool for evaluating the rent-versus-buy decision is the Rent vs. Buy Calculator from NerdWallet. This online calculator allows users to compare the costs of renting versus buying based on their financial situation and preferences. By inputting relevant data such as rent prices, home prices, mortgage rates, and anticipated length of stay, individuals can gain valuable insights into their housing options and make informed decisions. As your real estate agent, Jessica recommends utilizing this tool to analyze the financial implications of renting versus buying as one way to help determine the most suitable option. We also have affordability and mortgage calculators you can utilize directly on our website to help get a general idea of what it will cost to buy a home. In conclusion, the decision to rent or buy a home is a significant and deeply personal choice that requires careful consideration of various factors. Market conditions, particularly in areas like Irvine, California, and Orange County, California, play a crucial role in shaping housing decisions. By leveraging tools and resources and seeking guidance from a trusted real estate agent like Jessica Lam, you can navigate the complexities of the rent-versus-buy dilemma and make informed choices aligned with your financial goals and lifestyle preferences. Data SourcesThe data used in this article has been taken from reliable sources and we have taken considerable care to make sure the numbers are as accurate as possible. The data used is based on February 2023 and February 2024, since we are currently in March of 2024 at the time of this post.NAR Existing Home SalesCRMLS: California Regional Multiple Listings Service
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