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Introduction
Welcome to OCCoastRealty.com! Your premier Orange County Real Estate Information Resource. Whether you're a first time home buyer or a seasoned investor, you can count on OCCoastRealty.com to have the most current information. OCCoastRealty.com will help you to make educated decisions.
Buying A Home
Buying a home will be one of the largest investments you will make. It is a dream we all have. There are just two important steps toward your home ownership.
Selling A Home
Selling your home is just as straightforward as buying a home. Once again, it's only a question of understanding the sales process and obtaining the assistance of a professional Realtor© to help you market your property at the best value within a reasonable time frame.
Financing A Home
Our depth of knowledge provides you the best insight into choosing the best financing options available in the market today. Whether it is getting your first home loan or refinancing your existing loan, we will work to make the process as smooth as possible.
Relocating
Relocating? Leaving our area? Or just coming in? We would be honored to help you through the entire process. Let us put OUR experience to work for you!
Foreclosures
Foreclosure is the process in which the lender recovers the amount owed on a defaulted loan by selling or taking ownership of the property securing the loan. OCCoastRealty.com has all the lastest foreclosure and bank-owned properties in Southern California.
Find A Realtor
We maintain a strong continuing education program for our associates. We believe that as the level of sophistication of the buying and selling public increases, the level of service, education and quality of service of our Agents must likewise improve.
About Us
Today's real estate market is changing. Whether your buying, selling or just want to keep up with the latest trends, OCCoastRealty.com will provide you with the most accurate and up to date information.
Contact Us
OCCoastRealty.com is located at 668 Coast Highway, Laguna Beach, CA 92651. Or call 949.302.7757.
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"Boomburbs" Define New Growth Patterns
There's nothing like a new catchword to liven up the real estate industry. In the past, we've had "sprawl," "flip" and "big box."
Now, thanks to the latest U.S. Census, "boomburb" has been introduced to the lexicon.
So what is a boomburb? According to the Fannie Mae Foundation, a boomburb is an area that currently has more than 100,000 residents and has maintained double-digit rates of population growth in each recent decade, but is not the largest city in its metropolitan area. Boomburbs almost never have a dense central business area. And their housing, retail, entertainment, and offices are spread out and loosely configured.
"The boomburbs are elusive and not yet fully part of the public policy debate," said Stacey Davis, president and CEO of the Fannie Mae Foundation. "They are complicated places with potentially big problems that will need attention -- affordable housing, traffic jams, spread-out development, strained public services. But they also present opportunities for cities and suburbs to find regional solutions to their common challenges."
According to a new report by the Foundation -- Boomburbs: The Emergence of Large, Fast-Growing Suburbs & Cities In The U.S. -- the United States now has 53 boomburbs. They're located in 14 metro areas surrounding Phoenix, Los Angeles, San Diego, San Francisco, Denver, Miami, Tampa, Chicago, Las Vegas, Portland, Dallas, Salt Lake City, Norfolk and Seattle. Boomburbs range from Mesa, Ariz., with nearly 400,000 residents, to Westminister, Colo., with just over 100,000.
Four of them have more than 300,000 residents, eight have more than 200,000 and 41 exceed 100,000. These important -- but seldom talked-about -- areas account for 51 percent of growth in cities between 100,000 and 400,000 residents in the last decade.
Since I grew up in one of the boomburbs listed in Fannie Mae's study, I was fascinated by the report's conclusions. My once-small hometown of Arlington, Texas, now counts nearly 330,000 residents, up more than 4,000 percent since 1950. Growing up in this exploding, spreading mass of suburbia, it never occurred to me that Arlington's growth patterns were unusual.
The Fannie Mae report, however, has corrected that notion. Boomburbs are all but foreign to the Northeastern, Southeastern and Midwestern United States. Limited almost entirely to the Southwest, boomburbs are prevalent in California, Arizona and Texas, which also happen to be a few of the states most often accused of suburban sprawl. In the Midwest, one boomburb has been established outside of Chicago. In the Southeast, three have sprung up around Miami, while one has exploded outside Tampa and one near Norfolk, Va.
Since almost half of these cities are in California, the report credits the boomburbs have helped foster master-planned community development and the need to form large water districts.
Because of their large size, boomburbs often have more diverse populations than smaller suburbs. Many are affluent, but virtually all Boomburbs contain lower-income neighborhoods as well. They are not -- myths to the contrary -- suburbs filled exclusively with middle-class, white families. Instead, they tend to attract people of diverse racial and ethnic backgrounds. For example, Hialeah, northwest of Miami, had a 70.4 percent foreign-born population in 1990. In Santa Ana (Orange County), Calif., 50.9 percent of the 1990 population was foreign-born.
Boomburbs generally grow out rather than up. While some have annexed land to expand their populations, others are land-locked and near a "build-out point." Landlocked boomburbs, such as Tempe, Ariz., are at a crossroad: if they want to keep growing, they must change their land use patterns to accommodate higher density development.
Exceptionally fast growth rates can cause extreme developmental problems, such as the traffic congestion of Los Angeles, the strained public services of San Francisco and the sprawl of Phoenix and Dallas.
Yet some see this as an opportunity, rather than a threat. Because of their large size and nearness to other large cities, boomburbs can be a part of regional solutions to big problems.
"Cities of all shapes and sizes have been on the comeback," U.S. Conference of Mayors President and Boise Mayor Brent Coles. "Older cities are coming alive again with new investment and activity. Newer cities are continuing to thrive. We need to grasp this moment in time and forge relationships that will help deliver a better quality of life for everyone."
Written by Lesley Hensell
OC Coast Realty - Offering Orange County Real Estate and Orange County Homes For Sale. Please use our MLS Home Search to find any Orange County Commercial real estate listing, Orange County Investment property, Luxury Orange County Home, Orange County foreclosure or Orange County Townhome.
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