August 2011

Found 26 blog entries for August 2011.

Aug 29

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Finding foreclosures in today's Newport Beach Real Estate market is harder than you think.  With the latest trend of home owners selling their homes as short sales instead of letting their home going into foreclosure has significantly dried up the foreclosure market.  That doesn't mean that you will no longer see foreclosure and bank owned properties on the market anymore.  What it does mean is that these foreclosed listings will come on the market at a slower pace and typically sell in rather quick amount of time due to it's scarcity if priced correctly.  If you are looking to invest in a Newport Beach condo under $350,000 then you should consider this new foreclosure listing that just came on the market for $314,000.  The condo is located in the…
Aug 28

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One of the best places to find small Newport Beach Cottages for sale is in the Balboa Island area of Newport Beach, California.  Balboa Island is rich in history with many of the unique historic homes can be found in this small & remote bayfront location.  Beach Cottages are a simple reminder of homes that were used as vacation homes as Newport Beach was a popular vacation destination dating back to the early part of this century.  If you are looking for a small beach cottage in this prime location then you may be interested in this home that just came on the market on Balboa Island that has all the charm and personality of a beach cottage home.  If you find Balboa Island to be too expensive for your budget there are many other parts of Newport Beach to

Aug 27

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If you are in the market to buy a bayfront & waterfront home then you have several great communities to choose from.  Many bayfront buyers are looking for home that has a dock that can accommodate various size yachts.  Homes with boat slips that can accommodate a large size yacht are often an important criteria to those looking for waterfront properties.  One of the popular and gated bay front communities in Newport Beach is Linda Isle.  Linda Isle, or Linda Island, is a u shape bay community with homes located on both the interior and exterior of this u shape with bay views from both sides.  Currently there are 11 homes for sale in Linda Isle and range from $3,495,000 to $9,995,000 with various size boat accommodations.  We have just come across a Linda

Aug 25

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Short Sales are a reality for the Newport Beach Real Estate marketplace as many distressed homeowners elect to short sale their home in lieu of letting their home going into foreclosure.  A short sale is when a seller elects to put their home on the market even though they owe more than the home is worth.  Why would a seller do this?  Well, in a short sale, the seller will be asking the bank to release the debt on difference of what is owed to the bank and the offering price of a buyer.  Sound difficult?  It's actually a simple process that takes time is you are a real estate buyer.   Having patience on waiting for the banks decision on whether or not they will approve the short sale can be difficult for a lot of home buyers.  Also, when you are competing…
Aug 24

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Every beach community has a famous street where you will find the most expensive real estate.  Newport Beach is no exception with some of the most expensive real estate listed for sale on "Oceanfront" street.  Oceanfront Street is a long street that starts from the tip of the Balboa Peninsula area and continues to the West Newport Beach area at the Huntington Beach & Newport Beach boarder lines.  Depending on the location you will find may different style beachfront homes along this street.  In the Balboa Peninsula area, Oceanfront streets will be located on a small stretch of land that separates the Newport Bay & Pacific Ocean.  Homes in this area are located south of the Newport Beach Pier and a short distance to Balboa Island.  If you are looking for

Aug 22

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If you are familiar with Newport Beach then you are well aware of the Fashion Island shopping center known for it's International appeal of top of the line shopping reminiscent of Rodeo Drive in Beverly Hills.  Fashion Island is located just blocks to the Bay & Pacific Ocean and the famous Balboa Island.  Finding a home in this area can be very expensive as the Fashion Island area is one of the most desirable locations to find a home.  The Harbor Cove gated community is an exclusive neighborhood that is located just outside the Fashion Island area.  Known for it's large luxury homes, Harbor Cove homes currently range from $995,000 to $1,595,000 in the Harbor Cove Promenade and $1,500,000 to $1,938,000 in the Harbor Cove Palisades community in Newport

Aug 21

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If you are in the market to buy a condo in Newport Beach and want an ideal location near the beach with ocean and Newport Bay views then the Villa Balboa condo complex may be the perfect place for you.  Situated in the Newport Heights area of Newport Beach, Villa Balboa is a large condo building with a wide variety of condos.  Currently there are six properties on the market in Villa Balboa with the most expensive listing at $625,000 which features great views of the Newport Bay.  The community features two pools with jacuzzi's, tennis courts and fitness gym and a great walking trail that takes in the views of the pacific ocean and the Bay!  If your budget doesn't allow up to $600,000 then you may be interested in a newly listed Villa Balboa condo that…
Aug 20

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When shopping for a bayfront home in Newport Beach you have many options depending on your budget.  Many of the luxury gated communities in Newport Beach feature stunning bayfront homes with commanding views of the Newport Bay.  If you are looking for a small bayfront community then you should consider the Beacon Bay area.  Beacon Bay is a non-gated community located next to Harbor Island, the most expensive gated community in Newport Beach.  Beacon Bay homes sit directly on the sand and have bayfront views looking towards Collins & Balboa Island.  One of the best locations in Newport Beach with an easy walk to Babloa Island and Fashion Island shopping center.  Not all Beacon Bay homes are bayfront as the interior homes will have some bay views.  You will

Aug 19

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Looking for a golf course view home can be more difficult than you would think.  Many of the luxury estate homes in Newport Beach either have a waterfront or ocean view and located near the ocean.  If you are specifically looking for a golf course view home in a gated community then we recommend the Big Canyon gated community homes for sale.  Within the Big Canyon Country Club, you will find communities like Big Canyon Deane and large custom Big Canyon homes.  The homes in the Big Canyon area surrounded the Big Canyon Golf Course and have commanding golf course views.  Residents in this area have easy access to the Big Canyon Country Club which is located within the gated community.  Another option would be the Granville community that is located right

Aug 18

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Harbor View homes in Newport Beach are some of the most desirable homes to be found in the East Bluff area of Newport Beach, California.  Harbor View or often referred to as "Port Streets" are a collection of one and two story homes located in a family friendly atmosphere with close proximity to local parks and schools.  Finding a home in this sought after community under $1,200,000 can be harder than you think.  Home prices currently range from $1,199,000 for a home that "needs total remodel or tear down" to a $3,150,000 custom home that was built in 2008.  If you budget allows for something in the middle of this price range you may want to consider a newly listed home in the Harbor View area that is currently listed for $1,800,000.  The homes in Harbor…