Newport Beach, Newport Coast, Corona del Mar and Irvine
Waiting for home prices to go down further?
Keep in mind that when prices go down, interest rates could go up. If you have good credit and are looking for a great long term investment....now is a good time to buy.
Wondering about Short Sales? I just added a button on the left with more information. Buy a home when it is a short sale. Many times a house that has been in foreclosure has been heavily damaged. Contact me for a list of short sales or foreclosures. There are some great deals on short sales right now.
TIP Now is a good time to submit offers....before the sellers lower the price. You will be surprised at how low they will go. Look for homes that have been on the market for a long time! __________________________________________________
Welcome to Properties in the OC. This site will give you the resources to search homes in the Newport Beach, Newport Coast, Corona del Mar, Balboa Peninsula, and Balboa Island areas. I just added a couple of buttons on the left hand side to give you snapshots of what is currently going on in different areas of Newport Beach. If you are a buyer or a seller, you will be able to keep up to date on the latest activities. If you don't see a report for a particular neighborhood that you are interested in, contact me and I will send you an up to date report. I am going to add a couple of more buttons in the next week.....so check back.
To highlight a couple of buttons on the left hand side.....Crystal Cove is in-between Newport Beach and Laguna Beach. This is a newer area on Pacific Coast Highway that includes condos up to custom homes. Most homes have an incredible view of the ocean.There is also a small strip mall in front of this community. This mall is includes tenants such as Mastros Ocean Club, the new Javiers, Starbucks, Pacific Whey, Trader Joes and many clothing stores.
Trovare is a gated, condo community in Newport Coast with around 200 homes. This area is on the south side of Newport Coast Drive.
Pelican Crest and Pelican Hill are high end established communities. Most of these homes are custom with great ocean and golf course views. If you are not familiar with the area. Pelican Hill Resort/Golf course is in this area. Pelican Hill Resort has just opened up their Pelican Grill and Pelican Golf Club. The Pelican Hill Resort will open fall 2008.
Balboa Island is surrounded by the Balboa Peninsula. There are a couple of other islands in this area....but Balboa Island is the one that most tourist like to visit. The Balboa Peninsula is very busy in the summer as it is a great destination as well.
Shady Canyon is a high end community in Irvine. Newport Coast is right behind it. This area is a guard gated area that includes a golf course. There are many homes in this tract that are custom with large yards. I should say, larger than most yards in Irvine and Newport Beach.
Bookmark this site and keep coming back. I will continue to add more information about the Newport Beach area.
Now is THE Time to BUY or Invest in Long Term Purchases
Home Prices at April '05 Level
There can be some great opportunities in a down market. Remember the early 1990's? Many of you probably wish you would have bought back then. We are in the same situation right now. If rates go down....you can always refinance.
1969 - "The goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs about $28,000." Business Week
1977 -"The median price of a home today is approaching $50,000. Housing experts predict price rises in the future won't be that great." National Business
1985 - Median home price $152,720. "The golden-age of risk free run-ups in home prices is gone." Money Magazine
1996 - Median home price $194,382. "A home is where the bad investment is." San Francisco Examiner
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If you are looking to buy or sell a home in the Newport Beach, Newport Coast, Corona del Mar, Balboa Island or Balboa Peninsula, please let me know if you would like to receive listings from the automated MLS (Multiple Listing Service) email system. In addition to the automated emails, I offer a valuable tool to assist you in your search for a new home, it is a personal website. This system allows you to manage the listings you will receive from the MLS. This personal website enables you to make notes on specific properties.It will also notifiy you when a home has a decrease in price or is sold. I highly recommend signing up for this as soon as you know you are buying or selling. You will be better aware of market conditions when you are ready to buy or sell. If you want a sample, please email or call me.
Choosing the right Real Estate Agent is one of the most crucial steps when considering the purchase or sale of a home. The right Agent can save you hundreds and even thousands of dollars on your closing costs and can be instrumental when negotiating a price for a home.
I truly enjoy my job and would love to help you buy or sell your next home! Or maybe you have questions and are not ready to buy or sell. Give me a call or send me an email. I will try and help you the best I can.
Elizabeth (Lisa) Ramlow Surf and Country Real Estate Newport Beach, CA 92660 Direct (949) 887-8303 Fax (949) 272-2307 Lisa@PropertiesintheOC.com
