San Clemente Coastal Living Blog

On September 16th, the City Council of San Clemente voted unanimously (5-0) to implement a door-to-door universal waste collection service.  According to an article in the San Clemente Times, the program with go into effect sometime in October and will include single-family and multi-family resid...

President Bush has proposed a $700 billion bailout of the U.S. financial system as the credit crisis continues to worsen.  As most people have already read this in the news, some of you are wondering how this will impact the San Clemente real estate market? The plan, if passed by Congress, will m...

The bankruptcy filing by Lehman Brothers on Sunday (view article here), while striking a huge blow to the nation's financial industry, had a very profound effect on San Clemente as well.  SunCal's major financial backer with regards to the Marblehead Coastal development is Lehman Brothers, leavin...

Mortgage rates have fallen below 6% for the first time since this past spring.  The 30 year fixed rate dropped from 6.35% to 5.93% last week making San Clemente real estate more affordable.  For example, a San Clemente home or condo financed at $700,000 based on a 6.35% rate would cost $4,355 per...

Beachfire Grill, located a few blocks from the San Clemente Pier at 204 Avenida Del Mar, brings an eclectic flair to its dining room while providing an excellent variety of food.  Open since 2002, Beachfire Grill has a full menu ranging from a wide variety of appetizers and salads (side and entre...

For the month of August 2008, San Clemente real estate price declines have slowed, sales have picked up, and less inventory came on the market providing some hope that the bottom could be in sight.  San Clemente real estate average sales price for August 2008 was $897,253 compared to $998,904 las...

On Sunday, the government announced the bailout Fannie Mae and Freddie Mac due to these mortgage giants having serious liquidity issues.  The national housing market was at risk since these two entities back nearly half of all mortgages in the U.S.  But what does this mean for San Clemente real e...

In a recent study conducted by J.D. Power and Associates to determine the real estate companies that rank highest amongst buyers and sellers in customer satisfaction, a couple of very interesting trends were highlighted.  As has become the norm over the past couple of years, a large proportion of...

Currently there are 105 short-sale and foreclosure properties on the market for San Clemente real estate, or approximately 15% of the current homes listed for sale are of this distressed nature.  Please note this number does not include all the deliquency notices that lenders have filed with the ...

 At San Clemente Coastal Living, we wanted to bring attention to the new Talega real estate still available for sale as the community is nearing completion.  If you happen to be interested in any of these new Talega communities, please contact us as we will be happy to give you a tour of the Tale...