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 price.
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