By Mary Campbell
(Abrams Coastal Properties)
Many of you have been waiting to buy real estate when you see the market bottom out. Unfortunately the media does not publicize this information until a few months past the bottom. It happens all the time. Take a look at the chart above and notice the price decline in Newport Beach. I don't have a crystal ball so i don't know for sure when the bottom will hit, but I do know that if you see a home that you love and you can afford it, you should probably buy it. Interest rates are extremely low and chances are they will be going up. To get an idea of what homes are available please contact a local Newport Beach Realtor and have them show you around. They should be able to advise you on the current market and wether homes of interest to you are priced properly.