Kim Haman is a columnist. She can be reached at firstname.lastname@example.org or email@example.com.
More Buyer-Slanted Markets in Index
Five years into the real estate recovery, Orange County’s luxury market has been consistently strong.
The 2017 Hoag Summer Classic, hosted by the Hoag Hospital Foundation and its 552 Club, was a sold-out event with more than 1,400 guests at the Newport Dunes Resort in Newport Beach.
Data Indicate High-End Market Still Hot in OC
Summer is winding to a close. School has started up again, colleges have opened their doors to welcome students, and toy marketing gurus are putting the final touches on their holiday advertising campaigns.
One hundred and twenty. That’s how many Beckman Coulter employees arrived at Benjamin Beswick Elementary School on a sunny day in February, eager to get to work. The plan: to freshen up and revive the aging Tustin campus.
OneOC Aligns Their Values With Complementary Causes
Nestled on a tree-lined street in an unassuming 1970s-era building in Santa Ana resides Orange County’s most prolific matchmaker.
Gratitude Channeled Into Money-Saving Enterprise
It’s a story that could have had an entirely different ending.
More than 700 supporters gathered on July 13 at the Free Wheelchair Mission’s annual Miracle of Mobility gala. The evening netted more than $1.5 million.
2016 Sales Put Them At Heights of US Industry
REAL Trends America’s Best Real Estate Agents, a newly issued ranking report produced by REAL Trends and sponsored by Zillow Group, has released the rankings of the top-producing real estate agents and teams in the country. Orange County boasts three luxury real estate teams in the top 10.
State Attorney General Xavier Becerra was the keynote speaker at the Public Law Center’s annual Volunteers for Justice dinner on June 19 at Hotel Irvine. He was joined by more than 800 leaders of the Orange County legal, civic and business communities. The event raised a record-breaking $750,000, which will generate $6 million worth of free civil legal aid through the law center’s pro bono model.
The inaugural Heroes & Living Legends Gala, held on July 17 at The Duke Hotel in Newport Beach, brought together more than 200 business leaders, sponsors and supporters to help raise $729,000 to benefit Open Gate International, which provides vulnerable populations with vocational training for long-term economic stability.
‘White Glove’ Services, More Go for Pretty Penny
The Orange County coast is dotted with high-end residential condos that boast hotel-like amenities.
10 Guiding Principles Keep Staff on Same Team
All over America, companies large and small adorn their offices with images of the values that guide them, reminders of how they should conduct business on a day-to-day basis.
Managers Go Above Board To Make Them Feel Valued
It’s not unusual for lawyers and their teams to log long hours. What is unusual, though, is when they do so not only without complaint but willingly, even eagerly. That’s the scenario that Bisnar Chase LLC Managing Partner Scott Ritsema experienced when he found himself in a severe time crunch as he prepared an important case.
Creative youth development nonprofit organization The Wooden Floor welcomed nearly 200 guests for the opening night reception of its 34th Annual Concert: Connected Spaces at the Irvine Barclay Theatre on June 8.
Employees Collaborate To Keep Recruiter Competitive
They were trapped. The room was nearly dark, the scant light increasing the shadows rather than alleviating them. As the numbers on the timer continued their inexorable descent, the group searched fruitlessly for an escape route—a key to unlock a door, a hidden escape hatch, anything—growing ever more desperate. Meanwhile, they knew they were being watched via surveillance cameras and …
Some Boast Perks That Save Trips to Town
Fully equipped gyms, home movie theaters, and kitchens with commercial-grade appliances are almost a given in today’s luxury homes. Even indoor pools and elaborate wine rooms have become somewhat commonplace. And guesthouses are simply a bonus—in fact, there are 45 luxury homes on the market that boast a guesthouse among their selling points.
In June, Bank of America awarded $610,000 in economic mobility grants to 40 Orange County nonprofits.
Average 96% in First Two Weeks of June
Across Orange County, homes in the $4 million-plus market are fetching an average of 96% of their latest list prices, according to online real estate aggregator Redfin. Here’s a breakdown of OC’s most exclusive communities and how close selling prices are to list prices:
Bank of America, Charter/Spectrum, Albers Consulting, WealthWise Financial Services, Wells Fargo and other leading Orange County businesses joined forces to sponsor Orange County United Way’s 14th annual Women’s Philanthropy Fund Breakfast.
Coastal Spot Racks Up 50-Plus Sales in 5 Months
Newport Beach has enjoyed a strong year so far in luxury sales, leading the coastal market in transactions that closed above the $4 million mark.
More than 430 guests roared their way back to the Jazz Age for a night of flappers and speakeasies to celebrate Pacific Symphony’s gala.
The 2017 Men of Character Dinner was held on April 20 at the Irvine Marriott by the Boy Scouts of America, Orange County Council.
38 Listings Appear First 10 Days of Month Alone
Orange County’s active high-end home market inventory is on the rise, with 38 new listings above $4 million added to the Multiple Listing Service in the first 10 days of May.
United Cerebral Palsy of Orange County raised $450,000 at the annual Life Without Limits fundraising gala on April 22 at the Balboa Bay Resort in Newport Beach.
Agents Convey Look, Feel Through Digital Content
As high-end homebuyers become more global, luxury real estate professionals are leveraging technology to create connections with potential clients all over the world.
The ninth Annual Leaders for Philanthropy Night was held on April 6 at the Shea Center for Therapeutic Riding in San Juan Capistrano.
At Least Some Experts Say They Won’t Dampen Sales
The historically low 3.5% interest rates that the country enjoyed between 2013 and the end of last year couldn’t last forever.
City of Hope hosted its third annual Let’s Be Frank About Cancer Gala on March 11 at the Balboa Bay Resort. More than 400 guests attended the fundraiser, which raised more than $713,000.
71 Properties Change Hands Above $4 Million
Seventy-one Orange County homes sales closed at or above the $4 million mark in the first quarter, eclipsing the same time period in both 2016 and 2015, according to real estate aggregator Redfin.
The JDRF Orange County chapter’s 2017 Dream Gala was held on March 18 at the Ritz-Carlton, Laguna Niguel in Dana Point, bringing together influential leaders, sponsors and organization supporters to help raise $1 million for diabetes research.
First Two Weeks Of Month Particularly Active
Conventional wisdom in the real estate profession has always been that the best time to put a home on the market is the spring.
Orangewood Foundation joined with the University of California-Irvine’s Henry Samueli School of Engineering on Feb. 23 to celebrate National Engineers Week.
Guggenheims Built In ’72; Donated to CHOC, Others
The home at 88 Linda Isle in Newport Beach sold on Feb. 27 for $9.72 million. The estate is considered a piece of Southern California history, according to the seller’s agent.
Women’s Circle of Wishes hosted its fourth annual signature event on Feb. 12 at the Island Hotel in Newport Beach.
Households Must Earn $610K to Afford Starter
The California Association of Realtors’ Traditional Housing Affordability Index shows that the minimum annual household income required to buy a median-priced home in Orange County is $146,880 and that just 22% of hopeful homebuyers can comfortably afford that $745,160 price tag.
Oggi’s Sports, Brewhouse, Pizza donated to 25 charities in honor of its 25th anniversary in December, with items including sleeping bags for homeless military veterans, food for shelter animals, and toys for underprivileged children.
Carried $69 Million Price Tag Last Year
La Casa Pacifica, once home to President Richard Nixon and also known as the Western White House, is back on the market with an asking price of $63.5 million.
The Pacific Life Foundation said it plans $6.25 million in charitable funding this year.
NB’s 92661 Has Highest Average Price at $6.5M
Orange County’s most expensive luxury homes, defined as being in the top 5% of the market, were found in the 92661 zip code last year, which includes Balboa Peninsula in Newport Beach.
Mission Hospital 21st annual Holiday Gala raised more than $1 million on Dec. 3 at the Monarch Beach Resort in Dana Point.
Off-Water Home Sells For Eye-Popping $28M
Coastal Orange County is renowned for its beauty, from the wide expanse of sand that hugs the ocean in Huntington Beach to the rugged cliffs of North Laguna.
About 650 Pacific Investment Management Co. employee volunteers, friends and family members gathered on Dec. 3 at the OC Fair & Event Center in Costa Mesa to pack 12,000 holiday meals for families in Southern California.
Numbers Reflect Brisk Activity, Pace on Sales
How did the Orange County luxury market do last year?
Stadium Sports, Outdoor Living, Even a Tower
Orange County boasts some of the most impressive homes in the country, from sprawling European-inspired estates that grace the low hills of Coto de Caza to the modern masterpieces with endless ocean views.
Orange County’s top philanthropists, business leaders and others were honored at the 31st Annual National Philanthropy Day Orange County Awards Luncheon on Nov. 17 at City National Grove of Anaheim.
.30-Acre Parcel In Laguna for $14.8M
Orange County’s most expensive communities are concentrated along the water.
Nonprofit group Project Access honored Mazda at its 11th Annual Keys to Success Gala and fundraiser amid a collection of timeless automobiles at Crevier Classic Cars in Costa Mesa.
About 160 on OC Market, Two Priced Above $4M
The Orange County luxury housing market, defined in the real estate industry as the top 5% of homes sold in a given quarter, regularly sees single-family homes garner $5 million, $10 million and even $20 million.
Irvine Public Schools Foundation celebrated 20 years of impact at the seventh annual Spirit of Excellence Gala and Auction on Oct. 22 at Kia Motors headquarters in Irvine.
Over 150 Homes Go For More Than $5M So Far
2016 has been a strong year for luxury home sales in Orange County.