Bonita Canyon 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…

If you are new to the Newport Beach area you may have driven by the gated community of Bonita Canyon located off the Bonita Canyon Dr near the 73 freeway.  There are several communities located in this gated community with many different architectural styles, prices and floor plans.  One of the most popular communities in Bonita Canyon is "Madison."  Madison is a well kept community with large two story Mediterranean and French style homes with current homes prices from $1,498,000 to a newly listed home listed at $2,349,000.   Select homes in Madison will have canyon & city light views with a nearby association pool and park area.  Some of the best schools are located near Bonita Cayon in the Newport Mesa Unified School District.  The communities in…