Balboa Coves Newport Beach

As the market continues to change in Newport Beach one thing is true that the deals are becoming harder to find as the bottom of the real estate market has passed us.  Local media outlets have reported that the Newport Beach Real Estate market is now on an upswing which is causing many home buyers who were on the fence to get out and start looking at properties.  Interest Mortgage rates are still low making this the perfect storm for locating a home.  Currently, the inventory of homes is at a very low point making it even more difficult to find the "good deals."  When looking for well priced homes we always recommend distressed properties.  In the last several years the common thread for most home buyers is finding the nicest home for the lowest…

If you have been thinking about investing in Newport Beach Real Estate in 2012 you are not alone.  The real estate market has seen a lot of ups and downs in the last 5 years and many wonder if we are at the bottom of the market?  The Newport Beach Real Estate market is unique to it's own as many Newport Beach home owners pay all cash or a large sum down when purchasing a home.  The result of this habit is the lower number of distressed properties on the market.  In fact, in 2008 when the rest of the country started to go down, the Newport Beach Luxury Real Estate market saw some of the highest sales and seemed to be sheltered from the mortgage fall out.  There is no doubt that we have seen a decrease in prices in Newport Beach but we are starting to…

Lower Newport Bay Condos offer the best water views If you are are you looking for a waterfront condo In Newport Beach, California.  Where exactly in the Lower Newport Bay area?  The Lower Newport Bay area is located just south of Pacific Coast Highway and is situated between the Newport Bay and the Balboa Peninsula which is located on the other side of the bay.  This area is very well known for it's luxury waterfront properties with some of the best panoramic views.  Currently, the inventory of condos in this area is very low with only 2 condos on the market.   Budget on spending at least $800,000 for a water front condo in this area as they are very much high in demand and real estate is not cheap in this neighborhood.  We found one waterfront…

Balboa Coves is a luxury gated community that provides some of the best bayfront & luxury contemporary homes in Newport Beach, California.  Newport Beach is known for having some of the most expensive contemporary homes for sale throughout the United States and one of the best places to look is in the Balboa Coves community.  Balboa Coves is a 24 hour guard gated community with homes surrounding the Newport Bay.  The homes have a great panoramic views of the water and really capture the essence of living on the water in Southern California.  We recently came across a new bayfront home that just came on the market at 51 Balboa Coves that is priced at $1,595,000 that features a wonderful contemporary design located directly on the waters front.  If you…