January 2022

Found 1 blog entry for January 2022.

Jan 25

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One of the latest trends in real estate are fractional ownership properties.  Over the last year we are starting to see more and more of these listings come on the market for sale here in Newport Beach.  The very low price point is what grabs a lot of buyers attention thinking that they can get this beautiful home or condo for a fraction of what it would normally sell for until they read the property description and find out that it's only for partial ownership. What's happening is that larger companies interested in investing in real estate will purchase prime real estate that will have the most appeal to a large number of buyers.  This would include a nice view of the city or ocean views, open floor plan with high ceilings and a good number of rooms