Newport Coast Real Estate Update

Newport Coast Real Estate has really bit hit hard during this past year. If you are a buyer you are in luck. Newport Coast is an amazing area to live in, it's truly a luxurious lifestyle! The real estate market downward trends are in both price and value. Buyers are placing less value in homes as you can see in the chart below reflecting in the price per square foot. This is a fantastic time to invest in Newport Coast Real Estate.

If you have been waiting for the opportunity to buy now is the time, take a look at the inventory levels. Last summer you would have had a much bigger selection. Today the choices are lightening. This is due to the recent rush of buyers that had been waiting for prices to drop and with low interest rates they are jumping on the opportunities. Homes are taking longer to sell these days about 319 days on average in Newport Coast which is also a plus if you are  buying, it gives you more negotiating power. If you have any questions regarding Newport Coast or Newport Beach areas, please feel free to contact me.Or visit my Blog on Newport Coast!