Newport Coast, CA

Instead of searching for all different websites to find out what is going on in Orange County and Newport Coast, you simply need to check our website at www.NewportCoastRealEstateTeam.com

You can check out children's activities, grown-ups interests,dining, and more....

Boy, these fires that flare up quickly on these Santa Ana wind days are scary!

It is terrible to lose your home and all your possessions in a blink of an eye with hardly any warning and it usually happens in areas where there are a large undeveloped hillsides with vegetation that carries the flames and embers quickly to another home development.

I recently read on the internet a solution for home owners who are lucky enough to have their own private pool and of course a community pool, where all you have to do is add this particular valve setup and the fire department would be able to use that idle 50,000 gallons of water to Save your home.

I will attach links that will allow me to share with you this interesting product.

Maybe it could be of help to you and give you some peace of mind even if you never have to use it

markUrban.com - Mark Urban

Imagine what could have been done!

Just a few days ago I was asked by someone about current values and my opinions about Crystal Cove real estate.

Aside from the anomaly of one recently sold property, selling prices have held slightly above $1,000 per square foot for Crystal Cove homes.

In a nutshell, I think between now and the first of the New Year is an excellent time to buy. The new Obama administration has stated the economy is the top priority. What is the foundation of the economy? The housing market. They will be doing their best to shore up the sagging housing market. As this happens, people will begin to feel more confident about purchasing a home. I think if these things happen, the window of opportunity will begin to close for our local market. By window of opportunity, I mean what Buyers are looking for now - a deal.

In Crystal Cove, we have seen the inventory grow, with sellers not reducing their prices. Crystal Cove real estate is one of the last to be battered and will be one of the first to stand back up. Sellers, who have been stubborn to begin with, will become rigid with their prices as the available number of properties dwindles.

A couple of months ago, 51% of the homes offered for sale were also for lease. To me, this is telling. Sellers who are well heeled, who don't have to sell are saying, "If I can't sell it, I'll lease. I have watched this happen to several Crystal Cove homes. They were leased. The sellers will wait for a better day to sell their Crystal Cove real estate.

Today, I am advising people not look at the sticker price, but to find the home that works for them, and then, see if the seller will come close to a price the buyer is willing to pay. There are properties that do not look like a "Deal" based on the asking price, but when I talk to listing agents, I hear a different story. Many, if not most, sellers in Crystal Cove say, "If they don't like the price, why don't they make an offer?" Many sellers just do not want to lower the price. Right or wrong, this is the prevalent thinking in the Crystal Cove real estate market.

What to do? With the current historic low interest rates and a large inventory of available homes in Crystal Cove - WoW! Find your dream home in Crystal Cove. Contact your Crystal Cove Realtor and make an offer. You never know, you just might end up with a deal.

My definition of a deal is any home you purchase today five years from now in Crystal Cove real estate.

To See the Market Reports>

There are many opportunities for Deals or Bargains in the Newport Coast Gated Communities

The asking price of some homes are not what they will settle for.

Bank owned and Short Sales have no emotions involved, It is strictly a numbers game.

Bank owned properties can even though Priced at $535 per sq foot can be gotten at $478 per sq ft the only things is you must try by putting in an offer

Short Sales are also available...the Real Estate Agents have no idea what the lenders will accept until an offer is put in and the bank responses with a yes or no. They may take 45-60 days or longer just for them to give you a decision, so you can put in low offers and be the last one waiting when they come back and possibly get the home of your dreams, ocean close, for less.

SO Make offers and see what will be accepted. Dont sit on the sidelines saying I wish I had put in an offer or I missed that opportunity

You could get yourself a really great deal...We are near the bottom...No one has a crystal ball and knows for sure where bottom is, but the smart thing is to buy NEAR the bottom and you will rise again as history has taught us.

Interest rates are still at all time lows, even though they have risen recently if you wait til later if the rates go up your payment may cost you more in the long run with higher interest rates and lower purchase price than buying now with lower interest rates and riding the home prices up

This has been a personal opinion from Tony Massod of the www.NewportCoastRealEstateTeam.com

We recently had a dinner party at Newport Coast Javier's Mexican Restaurant for a party of 12

We enjoyed the perfect location and atmosphere, tastefully displayed delectable entrees, served quickly and with friendly service. We thoroughly enjoyed our experience here in this Newport Coast Restaurant Ocean close to enjoy soft salt air breezes

Javier's once started out as a little crowded restaurant in Laguna Beach, has now expanded to Irvine Spectrum and Newport Coast.

I hope you will visit this friendly, cozy meeting place for dinner or a social drink as we do supporting local business in our Neighborhood.

www.NewportCoastRealEstateTeam.com