Luke Hagenbach Real Estate

Looking for a fetching mid-century single level pool home on a huge lot with a Palm Springs vibe on one of the most coveted streets in Eastside Costa Mesa? It's within walking distance to Mariners Elementary, five grocery stores, a bunch of coffee shops, and countless restaurants. This home is an excellent opportunity for the discerning buyer who has been waiting for the right place to become available. More photos and details are at www.337magnolia.com

This home is situated on a rare, pie-shaped lot that captures sweeping panoramic ocean views up and down the coast from every room in the house. The client, who just closed escrow, wanted before and after videos to document the interior and landscape design work they will complete over the coming months. Here is the "" video. #justsold #panoramicview #viewhome #lagunabeach #oclife #visitlaguna #ocrealestate #lagunabeachrealestate #dreamhome #secondhome

Just a handful of shots from a new listing in Costa Mesa's hidden gem community of Newport Landing. This model rarely goes on the market. Check it out at www.costamesagem.com I had the pleasure of working with a great interior designer and photographer on this one. Some lucky buyer out there is going to snatch this up!

Many people have been asking me how the real estate market is doing right now. Unlike the stock market, which gives us feedback every 10 seconds or so, real estate markets - and therefore the reporting data - move at a much slower pace. We currently have data through the end of February. As we progressed through February, the actual and expected impacts of COVID-19 continued to grow, with concerns of economic impact reaching the stock market in the last week of the month. As ...the stock market declined, so did mortgage rates, offering a bad news-good news situation. While short term declines in the stock market can sting, borrowers who lock in today’s low rates will benefit significantly in the long term. LOCAL TRENDS New Listings were down 6.0 percent for detached homes and 1.1 percent for attached properties. Pending Sales decreased 42.0 percent for detached homes and 39.1 percent for attached properties. The Median Sales Price was up 11.2 percent to $895,000 for detached homes and 6.0 percent to $530,000 for attached properties. Months Supply of Inventory decreased 28.6 percent for detached units and 28.1 percent for attached units. Orange County Monthly Indicators Report: https://www.lukehagenbach.com//oc-real-estate-market-upda/