Sales of new single-family homes jumped 15.6% in January from December -- the largest increase since April 1993 -- to a 437,000-unit annualized rate. Sales outpaced estimates of a 381,000-unit rate and marked the highest pace since July 2008.
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Situated on a promontory point high above the City of Laguna Beach with expansive views of the ocean, coastline, Catalina Island, and the City below, this expansive home is a Southern California masterpiece which may never be replicated. The home encompasses 5 bedroom suites, 6 full bathrooms, a game room, gym, a climate controlled walk-in wine cellar and tasting room, media room, a European kitchen and a separate catering kitchen. The multiple level design of the home with an elevator servicing all floors, maximizes space, views and privacy. The generous use of glass and large balconies on each level afford an abundance of fresh ocean air and warm California sun into the home. At ground level, a large stone patio with built-in barbeque, spa,
Situated on quiet cul-de-sac in premier Laguna Beach neighborhood of Mystic Hills sits this lovely traditional contemporary ocean view home. Formal dining & living rooms flow easily from spacious foyer & view deck forming spacious connected entertainment area with stunning views of white water, Catalina, the Village, local hills & distant mountains. Upper level also includes master bedroom suite with ocean view deck & walk-in closet, a den/nursery, a guest bath, & kitchen with breakfast nook. Downstairs features the family room, two additional bedrooms, bathroom, entertainment gallery with wet bar, built-in refrigerator & microwave, and separate…
- Income growth in the West is likely to outperform the Northeast as it recovers