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All Tags » Newport Beach Real Estate update (RSS)
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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 ...
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For the past year the average days on market in Newport Beach has been increasing. It has gone from 120 days to almost 175 days. This means that the average home in Newport Beach sat on the market between 5-6 months before receiving an offer. You can see each quarter in the following:
Buyers, the higher the days on market the ...
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I know we all hear negative comments from the media on real estate daily. Well, what they don't mention is that real estate goes in cycles, and we just happen to be on the down side. This is normal. I am very optimistic and although many are suffering from this decline, we need to look at the positive. First of all it ...
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