Port Streets 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 in the market to buy a one or two story home in Newport Beach and have been wondering about the many communities in Newport Beach we highly recommend use introduce yourself to the Port Street Neighborhood.  Port Streets, or often called "Harbor View" homes, is a great place to find families who are raising their children in Newport Beach.  This "family oriented" neighborhood is located in the heart of the East bluff area of Newport Beach and features many large two story homes located just minutes to shopping and the beach!  Home prices currently start at just over $1 million dollars up to $3.5 million.  If you are looking for a deal then we recommend the occasional short sale and bankruptcy/foreclosure properties that due come on the…