Costera Luxury Properties

Costera Luxury Properties

🔷🔶 Costera Luxury Properties 🔶🔷 Redefining the Real Estate Experience with Extraordinary Results

About the CEO

James Hoppe
Broker / Architect / MBA / REALTOR

James is a well-seasoned Architect and an award-winning Broker-Officer and Founder of PreviewOC | Costera Luxury Properties, a full-service real estate brokerage providing top-notch professional real estate services to the sales and marketing of high-end/luxury properties and much more throughout Southern California. James is a “Five S

08/10/2024

October 8, 2024
🇺🇸 Nationally – U.S. existing-home sales slid 2.5% month-over-month (MoM) and 4.2% year-over-year (YoY) to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a median sales price of $416,700 as of last measure, a 3.1% increase from the same time last year and a new high for the month. Amid slower home sales, inventory has continued to grow across the country. According to NAR, there were 1.35 million units for sale heading into September, a 0.7% increase from the previous month and a 22.7% jump from the same time last year. And while monthly existing-home sales were lower than expected this period, NAR Chief Economist Lawrence Yun believes that the rise in inventory, along with lower mortgage rates, should help sales improve in the months ahead.

🍊Orange County - All Homes: New Listings decreased 0.5% YoY at 1,960. Pending Sales decreased 37.2% YoY to 996. Inventory increased 29.5% YoY to 4,552. Median Sales Price increased 7.4% YoY to $1,155,000. The Average Sales Price was up 9.1% YoY to $1,532,607. Days on Market increased 8% YoY to 27 days and Months’ Supply of Inventory increased 33.3% YoY to 2.8 months. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply, and properties continue to sell quickly, with the typical home spending 27 days on market in Orange County, up 1 day MoM.

🌊 San Diego County - All Homes: New Listings increased 14% YoY to 2,729. Pending Sales were up 13.7% YoY to 1,920. Inventory increased 48.7% YoY to 4,846. The Median Sales Price was up 3.8% YoY to $895,000. The Average Sales Price was up 3.5% YoY to $1,181,280. Days on Market increased 36% YoY at 34 days and Months’ Supply of Inventory increased 44.4% YoY to 2.6 months. San Diego County EMT = Seller’s Market 🟧 : Demand has cooled off a bit, but that’s normal for the fall season. With that said, demand continues to outpace supply, and properties are still selling relatively fast, with the typical home spending 34 days on market in San Diego County, up 5 days MoM.

To clarify EMT Status*
🟥 Strong Seller’s Market:

05/10/2024

📣We’re / "Licensed California" Real Estate Agents in Southern California... check out the benefits, qualifications and sign-up online.

Click here ⬇️
Visit: http://JoinCostera.com

03/10/2024

Home Sellers aren't always sure what to do before they list their homes for sale and Home Buyers aren't always sure what to look for when they view properties, which is why having an expert real estate agent is so helpful! If you want help selling your home or with your home search, contact James Hoppe today!

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
Costera Luxury Properties | DRE # 02115250
☎️ 949-400-1072 | http://CosteraRealty.com
DRE # 01390168 | Architect Lic # C29405

Photos from Costera Luxury Properties's post 13/09/2024

📣Great news to share‼️James Hoppe of Costera Luxury Properties has been named a 14-time winner of the Five Star Real Estate Agent award by Five Star Professional, a recognition that goes to only a tiny percentage of real estate agents each year! Since 2010, only 20 out of 39,000 Orange County, CA real estate agents have been awarded for 14 or more years! Check out this short media announcement video they made!⬇️

https://fivestarprofessional.com/Content/social/vid/Announcement_H_746941.mp4?t=638612856371911390

Photos from Costera Luxury Properties's post 09/09/2024

September 9, 2024
Nationally – U.S. existing-home sales for the month of August increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month (MoM) to a seasonally adjusted annual rate of 3.95 million units, exceeding economists’ expectations and ending the downward trend of recent months. Nationally, total housing inventory edged up 0.8% from the previous month to 1.33 million units heading into August, for a 4-month supply at the current sales pace, NAR data shows. Although inventory is up nearly 20% compared to the same time last year, demand continues to outpace supply, putting upward pressure on sales prices. According to NAR, the nationwide median existing-home price rose 4.2% year-over-year (YoY) to $422,600 at last measure, marking the 13th consecutive month of annual price increases.

Orange County - All homes: New Listings increased 0.6% YoY at 2,167. Pending Sales decreased 39.3% YoY to 1,126. Inventory increased 28.1% YoY to 4,478. Median Sales Price increased 6.1% YoY to $1,157,000. The Average Sales Price was down 1.2% YoY to $1,438,135. Days on Market increased 13% YoY to 26 days and Months’ Supply of Inventory increased 33.3% YoY to 2.8 months. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply, and properties continue to sell quickly, with the typical home spending 26 days on market in Orange County, up 4 days MoM.

San Diego County - All homes: New Listings increased 18% YoY to 3,045. Pending Sales were up 7.9% YoY to 2,070. Inventory increased 50.7% YoY to 4,691. The Median Sales Price was up 1.1% YoY to $890,000. The Average Sales Price was up 1.4% YoY to $1,175,050. Days on Market increased 20.8% YoY at 29 days and Months’ Supply of Inventory increased 47.1% YoY to 2.5 months. San Diego County EMT = Strong Seller’s Market 🟥 : Like the O.C., demand continues to outpace supply, and properties are still selling fast, with the typical home spending 29 days on market in San Diego County, holding steady with no MoM change.

To clarify EMT Status*
🟥 Strong Seller’s Market:

Photos from Costera Luxury Properties's post 07/08/2024

August 7, 2024
Nationally – U.S. existing home sales fell 5.4% month-over-month and 5.4% year-over-year (YoY) to a seasonally adjusted annual rate of 3.89 million units, with monthly sales down in all 4 regions, according to the National Association of REALTORS® (NAR). Higher mortgage rates, along with rising sales prices, have kept many prospective buyers on the sidelines, despite more home choices and less competition for those homes. Home prices have maintained their upward trend across much of the country, even as sales slow and inventory improves. According to NAR, the national median existing-home sales price climbed 4.1% YoY to $426,900 as of last measure, an all-time high. Meanwhile, total housing inventory increased 3.1% month-over-month to 1.32 million units heading into July, the highest level since 2020, for a 4.1-month supply at the current sales pace.

Orange County - All homes: New Listings increased 2.7% YoY at 2,335. Pending Sales decreased 34.4% YoY to 1,212. Inventory increased 23.0% YoY to 4,381. Median Sales Price increased 11.4% YoY to $1,170,000. The Average Sales Price was up 7.3% YoY to $1,483,492. Days on Market remains the same 0.0% YoY to 22 days and Months’ Supply of Inventory increased 28.6% YoY to 2.7 months. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply and properties are selling quickly, with the typical home spending 22 days on market in Orange County, up 2 days from 20 days the month prior.

San Diego County - All homes: New Listings increased 18.4% YoY to 2,980. Pending Sales were up 3.7% YoY to 2,131. Inventory increased 50.4% YoY to 4,513. The Median Sales Price was up 6.6% YoY to $922,000. The Average Sales Price was up 8.5% YoY to $1,210,480. Days on Market increased 26.1% YoY at 29 days and Months’ Supply of Inventory increased 50.0% YoY to 2.4 months. San Diego County EMT = Strong Seller’s Market 🟥 : Like the O.C., demand continues to outpace supply and properties are still selling fast, with the typical home spending 29 days on market in San Diego County, up one day from 28 days the month prior.

To clarify EMT Status*
🟥 Strong Seller’s Market:

08/07/2024

July 2024
Nationally – U.S. existing-home sales declined for the 3rd consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what has traditionally been one of the busiest months of the year. According to the National Association of REALTORS® (NAR), sales of previously owned homes dipped 0.7% month-over-month and 2.8% year-over-year (YoY), to a seasonally adjusted annual rate of 4.11 million units. Nationally, total housing inventory grew 6.7% month-over-month to 1.28 million units heading into June, for a 3.7 months’ supply at the current sales pace, according to NAR. However, the increase in supply has yet to temper home prices, which have continued to rise nationwide. At last measure, the median existing-home price climbed to $419,300, a 5.8% increase from the same period last year and a record high for the month.

Orange County - All homes: New Listings were down 2.7% YoY at 2,228. Pending Sales decreased 40.0% YoY to 1,124. Inventory increased 17.5% YoY to 4,055. Median Sales Price increased 14.3% YoY to $1,200,000. The Average Sales Price was up 7.5% YoY to $1,483,296. Days on Market decreased 13.0% YoY to 20 days and Months’ Supply of Inventory increased 25.0% YoY to 2.5 months. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply and properties are selling quickly, with the typical home spending 20 days on market in Orange County, up one day from 19 days the month prior.

San Diego County - All homes: New Listings increased 6.9% YoY to 2,992. Pending Sales were down -0.3% YoY to 2,081. Inventory increased 44.4% YoY to 4,355. The Median Sales Price was up 10.5% YoY to $950,000. The Average Sales Price was up 10.6% YoY to $1,230,433. Days on Market increased 21.7% YoY at 28 days and Months’ Supply of Inventory increased 53.3% YoY to 2.3 months. San Diego County EMT = Strong Seller’s Market 🟥 : Like the O.C., demand continues to outpace supply and properties are still selling fast, with the typical home spending 28 days on market in San Diego County, up one day from 27 days the month prior.

To clarify EMT Status*
🟥 Strong Seller’s Market:

08/06/2024

June 2024
Nationally – U.S. existing-home sales fell for the 2nd month in a row, sliding 1.9% month-over-month and 1.9% year-over-year (YoY), according to the National Association of REALTORS® (NAR), with sales down in all four regions of the country. Higher borrowing costs and accelerating home prices continue to weigh on demand, pushing some prospective buyers to the sidelines and causing market activity to slump ahead of summer. Home prices have continued to climb nationwide, despite an uptick in inventory this year. Nationally, the median existing-home price reached $407,600 as of last measure, a 5.7% increase from the same period last year and a record high for the month, according to NAR. Meanwhile, total inventory heading into May stood at 1.21 million units, a 9% increase month-over-month and a 16.3% increase YoY, for a 3.5 month’s supply at the current sales pace.

Orange County - All homes: New Listings remained the same 0.0% YoY at 2,314. Pending Sales decreased 31.4% YoY to 1,318. Inventory increased 9.3% YoY to 3,694. Median Sales Price increased 18.2% YoY to $1,200,000. The Average Sales Price was up 20.1% YoY to $1,553,841. Days on Market decreased 32.1% YoY to 19 days and Months’ Supply of Inventory increased 15.0% YoY to 2.3 months. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply and properties are selling quickly, with the typical home spending 19 days on market in Orange County, down from 23 days the month prior.

San Diego County - All homes: New Listings increased 16.3% YoY to 3,148. Pending Sales increased 8.6% YoY to 2,270. Inventory increased 41.0% YoY to 3,886. The Median Sales Price was up 9.1% YoY to $922,068. The Average Sales Price was up 8.3% YoY to $1,215,541. Days on Market remained the same 0.0% YoY at 27 days and Months’ Supply of Inventory increased 50.0% YoY to 2.1 months. San Diego County EMT = Strong Seller’s Market 🟥 : Like the O.C., demand continues to outpace supply and properties are selling quickly, with the typical home spending 27 days on market in San Diego County, which held steady as the month prior.

To clarify EMT Status*

🟥 Strong Seller’s Market:

Costera Luxury Properties 07/05/2024

MAY 2024
Nationally: U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month-over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. Average 30-year mortgage rates have topped 7% in recent weeks, while the median existing-home sales price hit $393,500 as of last measure, a 4.8% increase from the previous month, according to NAR. Warmer temperatures appear to have helped bring some sellers back to the market, providing additional options to home shoppers during the spring buying season. Total inventory was up 4.7% month-over-month and 14.4% year-over-year (YOY), for a 3.2 months’ supply at the current sales pace, according to NAR. Expected Market Time (EMT) = Seller’s Market 🟧 : Nevertheless, demand continues to outpace supply and properties are selling quickly, with the typical home spending 33 days on market nationwide, down from 38 days the month before.

Orange County - All homes: New Listings increased 3.9% YOY. Pending Sales decreased 32.9% YOY. Inventory increased 0.2% YOY. Median Sales Price increased 23.4% YOY to $1,175,000. The Average Sales Price was up 16.1% YOY to $1,512,454. Days on Market decreased 28.1% YOY and Months Supply of Inventory increased 10.5% YOY. Orange County EMT = Strong Seller’s Market 🟥 : As usual, demand continues to outpace supply and properties are selling quickly, with the typical home spending 23 days on market throughout Orange County, down from 24 days the prior month.

San Diego County - All homes: Closed Sales increased 3.2% YOY. Pending Sales increased 1.2% YOY. Inventory increased 32.9% YOY. The Median Sales Price was up 11.4% YOY to $925,000. The Average Sales Price was up 12.5% YOY to $1,245,576. Days on Market decreased 6.9% YOY and Supply increased 50.0% YOY. San Diego County EMT = Strong Seller’s Market 🟥 : Like the O.C., demand continues to outpace supply and properties are selling quickly, with the typical home spending 27 days on market throughout San Diego County, down from 29 days the month before.

To clarify EMT Status*
🟥 Strong Seller’s Market:

Costera Luxury Properties Redefining the Real Estate Experience with Extraordinary Results

20/03/2024

Not all projects are the same. These 8️⃣ can actually make your house harder to sell.

👋 Raise your hand if you're going to share this with your seller clients 👋

158 Elkhorn, Irvine, CA 92618 - Homesnap 10/02/2024

🚨JUST LISTED in Irvine - If you know someone that’s interested in purchasing this contemporary 3-bed, 3.5-bath, gorgeous 3-story townhouse in the newer, desirable community of Portola Springs, please DM me or contact Sonia, the listing agent, direct.

Sonia Preston, REALTOR®
Costera Luxury Properties | DRE # 01428645
CosteraRealty.com | 📞 949-910-1882

https://www.homesnap.com/james-hoppe/website/CA/Irvine/158-Elkhorn

158 Elkhorn, Irvine, CA 92618 - Homesnap 158 Elkhorn is currently listed at $1,240,000 on Homesnap. View 21 photos of this 3 bed, 4 bath, 1695 Sq Ft townhouse in Irvine, CA.

1072 Townhouse Drive #2, Costa Mesa, CA 92627 - Homesnap 16/01/2024

OPEN HOUSE on Saturday, 2/3/2024 from 12-3 PM at this stunning luxury BEACH CLOSE 2-bedroom, 1.5-bath, attached 2-car garage townhome in Costa Mesa, CA. Experience elegance, comfort, and contemporary living. Includes Washer/Dryer and Kitchen Refrigerator with ice maker + assigned outdoor parking space. Don't miss the chance to explore your dream home!

📸🎥 & Info: Click 👉🏼 https://www.homesnap.com/james-hoppe/website/CA/Costa-Mesa/1072-Townhouse-Drive/property/5776581

James Hoppe, MBA | Architect
CEO | Broker | SFR | e-PRO | REALTOR®
DRE # 01390168 | CAB # C29405
Costera Luxury Properties | DRE # 02115250
📞949.400.1072 | CosteraRealty.com

1072 Townhouse Drive #2, Costa Mesa, CA 92627 - Homesnap 1072 Townhouse Drive #2 is currently listed for rent at $3,750/mo on Homesnap. View 28 photos of this 2 bed, 2 bath, 1077 Sq Ft townhouse in Costa Mesa, CA.

Photos from Costera Luxury Properties's post 09/01/2024

January 9, 2024 - According to recent real estate market data, the Expected Market Time (EMT) throughout both Orange County (O.C.) and San Diego County is going up... slowly. With that said, Orange County is still clinging to a “Strong Seller’s Market” 🟥, while San Diego County has moved from a Strong Seller's Market into a "Seller's Market" 🟧.

To clarify EMT Status
🟥 Strong Seller’s Market: < 30 days (ORANGE COUNTY, CA)
🟧 Seller’s Market: 30-60 days (SAN DIEGO COUNTY, CA)
🟨 Slight Seller’s Market: 60-90 days
⬜️ Balanced Market: 90-120 days
🟩 Slight Buyer's Market: 120-150 days
🟪 Buyer’s Market: 150-180 days
🟦 Strong Buyer’s Market: > 180 days

EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on.

Currently, and as of the end of December 2023, the real estate markets in Orange and San Diego counties reported 29 and 31 days of EMT, respectively. Orange County went up 5 days of EMT, while San Diego County went up a 3 days that was reported the month prior.

U.S. existing-home sales rose from a 13-year low, climbing 0.8% from the previous month and breaking a 5-month streak in which sales declined, according to the National Association of REALTORS® (NAR). Despite the increase, sales were down 7.3% compared to the same period last year, as affordability challenges continue to hinder prospective buyers. Most of this period’s closed sales went under contract in October, when mortgage rates were at a two-decade high. With rates having dropped more than a full percentage point since then, existing-home sales may continue to pick up in the months ahead.

Low levels of inventory continue to impact U.S. home sales, offering few options for aspiring buyers to choose from. Going into December there were 1.13 million units for sale, down 1.7% from the previous month but up 0.9% from the same period last year, for a 3.5 months’ supply at the current sales pace. As a result, sales prices remain high nationwide, with NAR reporting the median existing-home price rose 4% annually to $387,600 as of last measure, the 5th consecutive month of year-over-year price gains. Homebuyer demand is picking up, and without a significant increase in supply, experts believe home prices will likely remain elevated for some time to come.

For the latest trends about the O.C. and San Diego County real estate markets, please visit our website CosteraRealty.com .

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
DRE # 01390168 | Architect Lic # C29405
Costera Luxury Properties | DRE # 02115250
📞 949-400-1072

Photos from Costera Luxury Properties's post 07/12/2023

December 7, 2023 - According to recent real estate market data, the Expected Market Time (EMT) throughout both Orange County (O.C.) and San Diego County is holding steady. With that said, both Orange and San Diego Counties are STILL in a “Strong Seller’s Market” 🟥.

To clarify EMT Status
🟥 Strong Seller’s Market: < 30 days
🟧 Seller’s Market: 30-60 days
🟨 Slight Seller’s Market: 60-90 days
⬜️ Balanced Market: 90-120 days
🟩 Slight Buyer's Market: 120-150 days
🟪 Buyer’s Market: 150-180 days
🟦 Strong Buyer’s Market: > 180 days

EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on.

Currently, and as of the end of November 2023, the real estate markets in Orange and San Diego counties reported 24 and 28 days of EMT, respectively. Orange County went down 3 days of EMT, while San Diego County went up a day that was reported the month prior.

Nationally, low inventory, elevated sales prices, and decades-high interest rates continue to weigh on the housing market, causing sales of existing homes to fall to their slowest pace since August 2010. Existing-home sales throughout the U.S. declined 4.1% month-over-month and 14.6% year-over-year as of last measure, as prospective buyers, faced with rising homeownership costs, wait for mortgage rates, and home prices, to drop.

Inventory remains at historically low levels nationwide, with only 1.15 million homes for sale heading into November, a 5.7% decline compared to the same time last year, for a 3.6 months’ supply at the current sales pace. The shortage of available properties for sale has kept pressure on home prices, which have continued to climb despite the slowdown in sales. The U.S. median existing-home sales price increased 3.4% from a year ago to $391,800, an all-time high for the month, with annual price gains reported in all four regions of the country.

For the latest trends about the O.C. and San Diego County real estate markets, please visit our website CosteraRealty.com.

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
DRE # 01390168 | Architect Lic # C29405
Costera Luxury Properties | DRE # 02115250
📞 949-400-1072

Photos from Costera Luxury Properties's post 12/10/2023

🌴🌊 Work of Art in Laguna Beach: If you know someone that’s interested in purchasing a gorgeous single-family home in Laguna Beach with dazzling sunsets and coveted panoramic ocean views, please contact James direct or send him a DM to get all of the details.

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
Costera Luxury Properties | DRE # 02115250
Website: CosteraRealty.com
📞 949-400-1072

DRE # 01390168 | CAB # C29405

Photos from Costera Luxury Properties's post 08/10/2023

🚨JUST LISTED FOR SALE in Redondo Beach - LOOK NO FURTHER!!! Redondo Beach is a favored destination for surfers, volleyball players, and beachcombers alike, and is blessed with beautiful shorelines, spectacular sunsets, and all that goes with the California surf-and-sand lifestyle. This 2-bed/2-bath/3-level townhome is situated near award-winning schools, multiple shopping centers, eateries/restaurants, and entertainment spots. Best of all… it’s super close (< 2 miles) to the BEACH and just a quick jaunt to King Harbor, the Beach Cities’ only marina and boat harbor.

If you know someone that’s interested in purchasing this home, please call us direct or send us a DM.

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
Costera Luxury Properties | DRE # 02115250
📞 949-400-1072

DRE # 01390168 | CAB # C29405

MLS OC23187206 | Redondo Beach, CA 08/10/2023

🚨JUST LISTED FOR SALE in Redondo Beach - LOOK NO FURTHER!!! Redondo Beach is a favored destination for surfers, volleyball players, and beachcombers alike, and is blessed with beautiful shorelines, spectacular sunsets, and all that goes with the California surf-and-sand lifestyle. This 2-bed/2-bath/3-level townhome is situated near award-winning schools, multiple shopping centers, eateries/restaurants, and entertainment spots. Best of all… it’s super close (< 2 miles) to the BEACH and just a quick jaunt to King Harbor, the Beach Cities’ only marina and boat harbor.

If you know someone that’s interested in purchasing this home, please call me direct or send me a DM.

James Hoppe, MBA | Architect
CEO | Broker | SFR® | e-PRO® | REALTOR®
Costera Luxury Properties | DRE # 02115250
📞 949-400-1072

https://homeasap.com/jameshoppe/agent/Wazt8kfGgx81

DRE # 01390168 | CAB # C29405

MLS OC23187206 | Redondo Beach, CA LOOK NO FURTHER!!! Redondo Beach is a favored destination for surfers, volleyball players, and beachcombers alike, and is blessed with beautiful shorelines, ...

3006 Corte Hermosa, Newport Beach, CA 92660 - Homesnap 17/08/2023

🚨 JUST LISTED FOR LEASE in Newport Beach - If you know someone that’s interested in leasing this contemporary 3-bed, 2.5-bath, gorgeous 2-story home in the desirable guard-gated community of Newport Canyon, please contact Natasha, the listing agent, direct.

Natasha Eldomyaty, REALTOR®
Costera Luxury Properties | DRE # 02153204
CosteraRealty.com | 📞 949-677-9798

https://www.homesnap.com/james-hoppe/website/CA/Newport-Beach/3006-Corte-Hermosa

3006 Corte Hermosa, Newport Beach, CA 92660 - Homesnap 3006 Corte Hermosa is currently listed for rent at $8,000/mo on Homesnap. View 25 photos of this 3 bed, 3 bath, 1969 Sq Ft home in Newport Beach, CA.

Costera Luxury Properties 13/07/2023

July 11, 2023 - According to recent real estate market data, the Expected Market Time (EMT) throughout both Orange County (O.C.) and San Diego County, dropped once again. This time, down another 5 days and 4 days respectively, as compared to the prior months tally. As usual, due mostly in part to an extremely low supply of homes on the market. Bottom line, both counties are in a sizzling red-hot “Strong Seller’s Market” 🟥.

EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on.

Currently, and as of the end of June 2023, the O.C. real estate market went down 5 days as compared to the prior month and is now reporting 23 days EMT. Down from the 28 days of EMT that was reported at the end of May. San Diego County reported 23 days of EMT for June, as well, and is down 4 days from the 27 days of EMT that was reported for the month of May.

To clarify EMT Status
🟥 Strong Seller’s Market:

Costera Luxury Properties Redefining the Real Estate Experience with Extraordinary Results

3123 Dilla Place, Carlsbad, CA 92010 - Homesnap 06/07/2023

🚨Just SOLD in Carlsbad!!!

3123 Dilla Place, Carlsbad, CA 92010 - Homesnap 3123 Dilla Place is a 3 bed, 3 bath, 1452 Sq Ft townhouse in Carlsbad, CA. View more information about this property on Homesnap.

Costera Luxury Properties 09/06/2023

June 5, 2023 - According to recent real estate market data, the Expected Market Time (EMT) throughout both Orange County (O.C.) and San Diego County, dropped again. This time, down another 4 and 2 days respectively, as compared to the prior months tally. Again, due mostly in part to an extremely low supply of homes on the market, both counties are in a red-hot “Strong Seller’s Market” 🟥.

EMT is defined as the amount of time it takes to place a home on the market today and then open up escrow later on.

Currently, and as of the end of May 2023, the O.C. real estate market went down 4-days as compared to the prior month and is now reporting 28 days EMT. Down from the 32 days of EMT that was reported at the end of April. San Diego County reported 27 days of EMT for May and is down 2-days from the 29 days of EMT that was reported for the month of April.

To clarify EMT Status
🟥 Strong Seller’s Market:

Costera Luxury Properties We make real estate a breeze!

Our Story

James and Margret Hoppe
Broker-Owners / Architect / MBA / SFR / e-PRO / REALTOR

“Five Star Real Estate Agent of the Year” award recipient for 9 years as published in the Los Angeles Times and Orange Coast Magazine (December 2010-2015 and 2017-2019 Issues) as a Top Real Estate Agent in Orange County, honored for his “exceptional service and overall customer satisfaction” and currently ranked in the Top 1% of Realtors throughout Orange County and the United States.

James, a Southern California native, is also a licensed California Architect (C-29405) and the CEO/Broker of PreviewOC Real Estate (DRE#02115250), also doing business as Hoppe Realty. He graduated from Woodbury University and holds a Bachelor of Architecture (BArch) professional 5-year degree. James also has an Executive Master of Business Administration (MBA) degree from UC Irvine's Paul Merage School of Business.

Beginning his professional real estate career with Coldwell Banker Beachside Realtors (CBBR) in 2003, CBBR presented James the “Outstanding and Top First Year Salesperson Award” in real estate sales and production in 2004. In 2005, James was honored the “Coldwell Banker International Diamond Society Award” for top sales production. This award is given to the Top 7% of CB agents worldwide. Throughout their years with CB, James and his wife Margret were the recipients of numerous top production awards for closed sales transactions and listings taken.

Margret, originally from Egypt speaks fluent Arabic. Like her husband James, Margret is also a Broker-Owner of Hoppe Realty. Margret brings her relentless negotiation skills to the table and ultimately, gets her real estate clients what they want.

Both James and Margret were trained and certified as CB Previews Luxury Property Specialists. James was also trained and certified with the CB Referral and Relocation Division as a Corporate Relocation Specialist. Additionally, James was the only architect and 1 of just 90 members certified as an Architectural Specialist with the CB Architectural Division throughout the entire Southern California Region. This elite group of professionals focused exclusively on the distinctive advertising and marketing strategies needed to sell luxury architectural properties in architect-designed estates.

Additionally, James is also certified by the National Association of Realtors as a Short Sales and Foreclosure Resource (SFR) agent and as an Internet Marketing Professional (e-PRO).

In 2010, James and Margret established Hoppe Realty. Since then, they have been ranked as Orange County”s #1 real estate owned, husband-and-wife company.

In 2020, the Hoppe’s incorporated and changed their company name to Preview Orange County Real Estate, Inc (PreviewOC). Currently, the Hoppe’s maintain their high level of real estate sales expertise and knowledge focusing on Orange County, California as the local area experts.

At PreviewOC, we have a solid reputation for providing quality service for our clients. Many factors contribute to our consistent success. We include an emphasis on marketing, advertising and training. With a strong emphasis on Internet marketing, we advertise our listings throughout 100-plus websites.

Our goal is to make the home buying and selling experience efficient, convenient and rewarding. Our philosophy is to provide our customers with the best real estate experience of their lives. And our promise is to deliver all of this in a professional and straight-forward manner that puts the needs of the customer above all else.

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