Villa Balboa Newport Beach

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 see a

…

Finding foreclosures in today's Newport Beach Real Estate market is harder than you think.  With the latest trend of home owners selling their homes as short sales instead of letting their home going into foreclosure has significantly dried up the foreclosure market.  That doesn't mean that you will no longer see foreclosure and bank owned properties on the market anymore.  What it does mean is that these foreclosed listings will come on the market at a slower pace and typically sell in rather quick amount of time due to it's scarcity if priced correctly.  If you are looking to invest in a Newport Beach condo under $350,000 then you should consider this new foreclosure listing that just came on the market for $314,000.  The condo is located in the…

If you are in the market to buy a condo in Newport Beach and want an ideal location near the beach with ocean and Newport Bay views then the Villa Balboa condo complex may be the perfect place for you.  Situated in the Newport Heights area of Newport Beach, Villa Balboa is a large condo building with a wide variety of condos.  Currently there are six properties on the market in Villa Balboa with the most expensive listing at $625,000 which features great views of the Newport Bay.  The community features two pools with jacuzzi's, tennis courts and fitness gym and a great walking trail that takes in the views of the pacific ocean and the Bay!  If your budget doesn't allow up to $600,000 then you may be interested in a newly listed Villa Balboa condo that…