Category: Southern Orange County Real Estate Information
Southern Orange County California Real Estate Information
Protect San Juan Capistrano!
The City of San Juan Capistrano is a historical treasure and needs our protection from becoming another industrial-blighted city. This facility is proposed to be located in a natural area dedicated to Open Space, farming, small business and residences. This natural ravine/valley is within the city limits. It offers public trails to visitors, hikers, bikers, and residents and provides native wildlife with native vegetation and acres of space.
Tourism is an important source of income for the State of California and certainly the lifeblood of San Juan Capistrano. This city is known by every child in our State, its history and current importance to tourism is acknowledged. Once the average tourist to Southern California wearies of theme parks, a visit to a historic site still in use for religious observances and provides informed tours of life at a Mission in 1776 is welcome. City of SJC.
We cannot introduce 1100 galvanized steel containers, 12+ acres of concrete pad and spoil one of the main entrances to this city. This facility would be just up the street from the Mission Basilica San Juan Capistrano and in full view of the tourists and residents enjoying the public trails.
The State suffered so much from the COVID restrictions. Tourism was almost stopped dead. Tourism is vital to California and particularly this city. This facility would be such an eyesore. We don’t need to let Compass dictate to San Juan Capistrano that the best use of that land is a 12+ acre Lithium battery storage facility. It is not.
Tourism provides many minimally skilled jobs. These entry positions educate inexperienced workers in how to behave professionally, communicate, operate computers and machinery, provide meals and make people happy. It employs young, old, disabled, senior, and immigrant populations with jobs and gives them the self-respect they earn through good steady employment. Tourism is vitally important.
Would Engie agree to a storage battery facility under the Eiffel Tower? That is close to power lines and would provide electricity to the residents of Paris. Of course not. It is a hideous thing.
Please protect the tourism income for this city.
Lithium Iron Phosphate batteries are limited
Most relevant
Lithium Batteries cause toxic waste within 11 years.
The Lithium Iron Phosphate Batteries proposed have limited life cycles. How long does a lithium iron phosphate battery last:
This is from Google:
Known to have a total of more than 4000 cycles, this simply means that a LiFePO4 battery can be charged and discharged up to over 4000 times before it needs a replacement. Let’s assume that the battery gets recharged on a daily basis, 4000 cycles would translate to a total of 10 years and 95 days of battery usage.Apr 5, 2023.
After 10 years and 95 days, we would have a toxic waste situation involving 1100 containers of Lithium.
This beautiful valley should not be desecrated!
Residents and Cities are fighting a Lithium Battery Storage Facility in San Juan Capistrano
The Altos Report shows a Strong Sellers Market!
The Altos Report shows how strong our seller’s market is. Altos does independent research on real estate sales statewide and provides valuable insight. More sellers are expressing interest in capturing their capital gains without excessive worry about paying taxes. If this this is the time to move, get going! If you move elsewhere and decide you don’t like your neighborhood or house, just wait two years and you will be eligible for another $250,000 per person on title tax-free appreciation and find another residence. Altos Report
Real Estate is Seasonal
Inventory Low, Prices High, Interest Rates Uncertain
The decrease in inventory over the last five years has resulted in prices increasing and staying high. Interest rates matter and they will force some buyers out of the market; however, there is an underlying demand for housing as long as the population is steady or increasing, employment remains steady, and unemployment is low. Our country is unrelentingly optimistic and refuses to accept defeat. We can expect great things.
Prices? These are rising.
Prices have increased overall in the last five years but there was a spike that took place after COVID-19. That rate, fortunately, did not continue. Prices typically take a step up in the first five months of the year, then level off and possibly sink a little at the end of the year when properties that have languished on the market have decided their price is above the condition it warrants. The market is still rational.
This chart shows the number of new listings (brown) in each of the last 12 months versus the closed sales for that month (gray). The months of December, January, and February flip and flop. January makes up for the sales lacking in December. What do you think after looking at the chart? Most listings sell! The market is absorbing the new listings. There is no trend downward. Listings are not sitting on the shelf. Prices should stay high and continue to increase.
What are the active listings in Laguna Niguel?
If you are interested in this beautiful city, you should familiarize yourself with the properties on the market over a period of time. There is a lot of variation and good deals go quickly.
Being near the coast of Southern California is just about the finest place to be on earth. I may be biased but it is true!
Take a look at the active listings currently on the Multiple Listing Service. Active listings
The homes start at $990,000 and go up to $39,995,000. Something for everyone!
If you are curious about the most expensive listing, you can click on 13 Old Ranch Road, listed by Tim Smith of Coldwell Banker Realty. The customer facing listing page of the MLS allows you to click through all the pictures and gives you the information you need to decide you want to see this home in person. I will arrange an appointment to show you this home as well as all of the others. You do have to be qualified to buy it before the owners will allow the showing, but many people are qualified.