Tagged : newport beach short sale agent

Everyone likes to feel like they are getting a good deal when they are buying a property in today's real estate market.  You will be surprised to learn that there are currently 85 distressed properties on the market in Newport Beach, California that consist of 77 short sales and 8 bank owned foreclosure properties.  These real estate listings provide a unique opportunity for Newport Beach home buyers to buy at a potential below market value price.  With the total number of real estate listings totalling 673 homes for sale the percentage is roughly 8% of the homes in Newport Beach are distressed sales.  In the neighboring Laguna Beach we see 55 of the 395 homes on the market are distressed sales, which is right in line with Newport Beach.  Not all