Newport Coast, CA

4 Saint Pierre link : http://www.circlepix.com/home/YPPF5F

LARGEST MODEL - BEST PRICE! Vibrant Sunsets, Full Ocean & Catalina Views from both levels! Elegant, Charming & Classy, Extremely Upgraded from Beautiful Wood Floors, Leaded Glass Entry, Crown Molding, Built-in Cabinetry, Tumble Stone, Wrought Iron, Custom Chandaliers, Custom Window Dressings, Granite, Gold Faucets, 2-Fireplaces, Central Vacuum and so much more! Master Suite with Balcony for Sunset Views and (2) Large Walk-in Closets with Built-in Closet Organizers! Entertain in this Incredible Backyard while Enjoying a Romantic Sunset, Custom Overhang Roof, Built-in BBQ and 2-Fountains. Great location with the Best View, 2-Car attached Garage with Upgraded Storage Cabinets and Epoxy Floor! (Laundry Chute from Master Closet down to Laundry Room)

Take a look at the Sunday Register Business section, and be appalled at the audacity of the executives in the Investment and Financial sector that during a time when their companies were losing money, theirs and ours, they felt they deserved Bonuses in the Millions totaling over many billions.

Those bonuses, from what I understand of bonuses, are to a job well done. They are for jobs that bring profits and because the business exceeded the budgeted profits and or costs, they would deserve a bonus.

When your company loses Billions of Dollars and the US Government, US, must bail out the companies to keep them a float and make sure people have jobs, and insurance, and security and continue to spend money to keep the economy going: it definitely is NOT right for them to take bonuses at the cost of MANY OTHERS.

What are your thoughts?

Shouldn't we ask our Congressmen and Senators to do something in the name of the People, in the name of the Country

Newport Coast, California

With some of the most extravagant homes in California, Newport Coast is the prestigious residential area located near Corona del Mar and Laguna Beach at South OC ... with blue water Pacific ocean views.

As of today ... January 26, 2009 ... there are 188 homes listed for sale at Newport Coast. The average list price of homes at this luxury coastal area is one of the highest in California at $3,774,000 (average time on the market 134 days).

Does that sound too high? The market will tell us whether these homes sell and for how much.

Of the 188 Newport Coast homes now listed for sale, 37 are attached or condo homes (20 percent of the homes on the market). The average number of days on the market for those 37 active condo homes is 119 days.

There are also 151 detached SFR homes listed for sale at Newport Coast (81 percent of the homes now on the market) with average time on the market for those at 139 days.

Of the 188 Newport Coast homes now listed, only 6 are reported to be short sales not yet bank approved (just 3 percent of the local market and one of the lowest in Orange County).

We'll leave it up to the buyers and the market to tell us whether these homes are over priced.

Of the 188 Newport Coast homes now listed for sale, only four are REO bank owned (just 2 percent of the market are bank owned, one of the lowest in Southern California).

During the past thirty days from December 26, 2008 ... 14 Newport Coast homes were sold with escrow closed (only 8% as compared to the number of homes now listed for sale).

Those sold Newport Coast homes had average sold price of $2,151,000 (average time on the market of 123 days).

Of those 14 sold homes during the past thirty days, 3 were REO or lender owned homes sold (an average time on the market of 68 days).

There are now 11 Newport Coast homes under contract, pending sale and in escrow. (5.7% of market as compared to the 188 homes now listed).

At the average sold price of $2,151,000, some successful people have made decisions about value and moving forward to buy homes at Newport Coast.

If you want information about the Newport Coast community, neighorhoods, homes and properties, please contact us. Thanks.

Harrison K. Long, Explore Group Properties, Coldwell Banker Previews, Irvine, CA.

I agree with Jonathan Washburn at AR ~ Are we statesmen or politicians? Honest Assessments of the Housing Market ~ that we as Realtor agents need to earn the trust and confidence of the consumers and will at least be providing an honest assessment of the local housing markets.

Hugh Price Reduction on 9 Portica Newport Coast Ocean View Home

9 Portica link :http://www.circlepix.com/home2/UAE4KQ

Offered to you by:
www.NewportCoastRealEstateTeam.com
Neighborhood Real Estate Specialists

Real estate news released by DataQuick on December 16, 2008, reflected a 34.4% decrease of the average single family home sales price in Orange County.

With the interest in Crystal Cove Real Estate market trends, learning how Crystal Cove realty compares for the same time period, November 2007 to November 2008, is important for buyers and sellers of real estate.

Take a look at the charts below for Crystal Cove real estate. All of the charts reflect activity for single family detached homes in Crystal Cove, CA.

The first chart shows a Median Sold Price decrease of 100%. The reason for the sharp drop is due to the fact that zero homes were sold in the Month of November 2008.

The chart below shows the number of homes for sale has increased by 119%.

The chart below shows the supply of single family detached homes for sale has increased by 119%. The demand has decreased by 50%.

The next chart indicates the number of New Properties listed by month is up 50%.

And finally, the last chart shows the number of under contract properties is down by 100%. The reason for the sharp drop is due to the fact that zero homes went into contract in the Month of November 2008.

I have more charts available. Would you like to see more? All of them?

Armed with the information contained in these charts, what is your opinion of today's Crystal Cove real estate market?

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