I heard Donald Trump the other day on CNN saying the same thing. Donald Trump: 'Now is the time to buy'On his new CNBC show, "The Billionaire Inside," Donald Trump believes this is one of the best times to get into real estate. Question: With everything going on in real estate right now and the fallout of the subprime market, is this a good time to invest in real estate?"Trump's answer: "It's the best time. Two years ago I would be making speeches and telling people 'don't go into real estate.' People would be paying me lots of money to tell them how good it is and I would be saying don't go in. "I also told people to stay away from those mortgages; I called them 'exploding mortgages' — stay away. "This is the best time. You can make great deals today that you could not have made a year... 10/01/2008

Marblehead is reacting to the financial crisis much like all of the other neighborhoods.  Nothing is moving, and nothing is selling.  Aggressive pricing seems to be the only way to get showings, but even those potential buyers are waiting on the fence to see what's next. There are currently 30 homes on the market in the communities of Marblehead in San Clemente.  The average price is $796,633, and the average days on market is 117. There are 5 properties pending sale.  These are extremely well priced homes, with fantastic upgrades and in most cases panoramic views. Address Bed B t/f St Gar SqFt YBlt List Price DOM Avenida Oliva 3  3/2  2  3  2,455  1985  $1,125,000  290  Avenida Oliva 4  3/3  2  3  3,100  1984  $1,296,420  258  Calle Opalo 3  2/2  1  2  1,714  1992  $1,079,900  254  Via... 09/25/2008

   Here is the latest update on active property in the Marblehead area of San Clemente.  There are 32 active properties between all of the communities of Marblehead.  The average price for all homes currently listed in Marblehead is $847,403.00, and the average price per square foot is $416.01.  These prices reflect view and non-view homes together. S518168  SFR  D  2230 Calle Opalo  SIG /1  3  2/2  1  2  1,714  1992  $1,079,900  232  S519436  SFR  D  2201 Via Gavilan HLE /A  3  3/2  1  2  1,903  1985  $849,000  222  S522272  CONDO  D  2406 C. Bucanero NP /C  3  3/2  2  2  1,417  1986  $679,500  197  S526405  CONDO  D  2148 Cam.Laurel HLV /0  3  3/2  2  2  1,830  1987  $675,000  96  S527742  CONDO  D  2415 Ave.Mastil NP /B  3  3/2  2  2  1,400  1986  $699,900  152  S528015  CONDO  A  20... 09/03/2008

This is the latest update for the communities of Marblehead.  With 31 great priced homes on the market, the ocean views are waiting for the buyers.  These properties combined with still low interest rates make these a bargain.  Some of these properties have not been this low since 2002-2004. Address Trct/M Bd B t/f Sty Gar SqFt Yr Blt Price DOM 2117 Avenida Espada FH/B  3  2/1  1  2    1,302  1981  $559,900  394  2117 Avenida Oliva HLE/Z  3  3/2  2  3 A  2,455  1985  $1,195,000  261  2223 Avenida Oliva HLE/C  4  3/3  2  3 A  3,100  1984  $1,296,420  229  2230 Calle Opalo SIG/1  3  2/2  1  2    1,714  1992  $1,079,900  225  2201 Via Gavilan HLE/A  3  3/2  1  2    1,903  1985  $849,000  215  2406 Cam. Bucanero NP/C  3  3/2  2  2 A  1,417  1986  $679,500  190  609 Via Golondrina HLV/C  3  ... 08/27/2008