Newport Beach, CA Real Estate News

By Sharon Paxson, Newport Beach Real Estate
(Compass)
  Newport BeachMarket ReportSingle Family Homes & Detached HomesJanuary 1, 2009 - April 6, 2009 January 2009 February2009 March,2009 April, 2009 Closed Sales 8 14 21 1 Average Sales Price $1,994,875 $1,001,564 $1,310,607 $3150,000 % of List Price 94.00% 89.00% 77.00% 94.00% Average Days on Market 115 138 127 108 Average List Price Per Square Foot $601.18 $497.92 $617.70 $1395.47 Average Sales Price Per Square Foot $575.00 $437.69 $438.22 $1312.50 The above graph represents the closed sales on single family homes for the area of Newport Beach. To date, there have been 43 closed sales for single family homes in Newport Beach. The average sales price and percent of list price remains higher in January, however number of sales increased in March as there were 28 closed sales. Sold price per...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with writen instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
  Newport Beach and Costa Mesa Open HousesApril 4-5, 2008 Open Saturday 1-4 pm214 62nd StreetNewport Beach, CaliforniaPriced at $786,000 Open Saturday and Sunday 1-4 pm1535 Orange AvenueCosta Mesa, CaliforniaPriced at $599,000 Open Sunday 1-4 pm379 Rochester StreetCosta Mesa, CaliforniaPriced at $879,000 If you would like to see any other properties this weekend, or if I can answer any questions about Newport Beach Real Estate, Costa Mesa Real Estate or Newport Coast homes for sale, please feel free to contact me:Phone or Text: 949.280.0681Email: Spaxson@roadrunner.com       About the author: Sharon Paxson is a Costa Mesa, Huntington Beach and Newport Beach Residential Realtor, who can assist you with the sale and/or purchase of real estate in the Corona del Mar, Costa Mesa, Newport Bea...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Newport Beach Open House This three bedroom, two bathroom single family home is located in the Newport Shores area of Newport Beach. Newport Shores (The Shores)  is located on the west side of Newport Beach, and is an area of approximately 400 homes. Newport Shores has a community clubhouse, heated pool, tennis court, sand volley ball court, and a basketball court. Newport Shores is walking distance to the beach, and very popular surfing locations. The river jetty is one popular surfing location, and is located at the west end of Newport Beach, and walking distance from the Shores.Open House Today March 28, 20091-4 pm214 62nd StreetNewport BeachPriced at $786,000 This home is the lowest priced home in Newport Shores. This charming home has a mid-century modern feel. For more information...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with implicit instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with implicit instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Happy Saint Patrick's DayHere is wishing all of you a Happy Saint Patrick's Day. Hope you find that pot of gold at the end of the rainbow. Enjoy the day, and if you are not eating corn beef and cabbage, well then I hope you enjoy Saint Patrick's Day at your local Irish Pub.If you are looking for a restaurant here in Newport Beach, there are a few suggestions for you.Malarky's Irish Pub3011 Newport BoulevardNewport Beach, CaliforniaPhone:  949-675-2340Muldoon's Pub202 Newport Center DriveNewport Beach, CaliforniaPhone: 949-640-4110The Shamrock Bar and Grill2633 Coast HighwayNewport Beach, CaliforniaPhone:  949-631-5633The Harp Inn130 E. 17th StreetCosta Mesa, CaliforniaMake it a safe celebration!If I can answer any questions for you about Newport Beach Real Estate, Newport Coast Homes fo...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Living in Newport BeachNewport Beach is located in Orange County and is a beautiful area. From spectacular beaches, surfing, skim boarding, kite surfing, and other activities, Newport Beach is a great place to live. And just watching those activities is an amazing site.For residential living, Newport Beach offers something for everyone. There are homes and condominiums located right along the beach. Residents appreciate the lifestyle from riding the bicycles along the boardwalk, enjoying a morning jog, surfing and swimming, the beach is a great place to live. Newport Beach also has several islands including Balboa Island, Lido Island, and Harbor Island to name a few which are located in Newport Harbor. The homes right on the water have slips to accommodate yachts, and residents enjoy th...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Newport BeachMarket ReportSingle Family HomesJanuary 2009 - March 16, 2009 January 2009 February2009 March 16,2009 Closed Sales 8 14 6 Average Sales Price $1,994,875 $1,001,564 $1,071,458 % of List Price 94.00% 89.00% 56.00% Average Days on Market 115 138 133 Average List Price Per Square Foot $601.18 $497.92 $765.34 Average Sales Price Per Square Foot $575.00 $437.69 $448.69 The above graph represents the closed sales on single family homes for the area of Newport Beach. To date in 2009, there have been 28 closed sales for single family homes in Newport Beach. The average sales price and percent of list price was higher in January, however data will be updated by the end of March. List and sales price per square foot also showed a decline in February, however there was improvement in t...
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By Harrison Painter, New Media Consultant
(GoGladiator Media)
Week Long Feud of the Century! I am sure that many of you have heard the buzz on “The Daily Show with Jon Stewart” about the conflict between Jon and Jim Cramer of CNBC’s Mad Money. We had a great thread in the BIGGER POCKETS forum about this today and it got me all fired up! While Cramer’s intelligence level for finance would make me look like a 3rd grader, I feel that he is simply trying to serve two masters: Wall Street and CNBC/NBC. He answers to the higher powered executives at CNBC/NBC, and the CEO/Wall St in-crowd. The guy is in a real pinch here. One of the eye-openers for people in this interview should be this: Cramer said, “Mad Money is an Entertainment show about business” He also went on to say that the goal (Code Decipher: NBC Executive pressure for ratings) was to attract...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with implicit instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with implicit instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
2009 Toshiba ClassicNewport Beach Country Club March 2-8, 2009The Toshiba Classic will be held at the Newport Beach Country Club located at:1600 East Coast HighwayNewport Beach, California 92660The tournament will be held from from March 2nd to March 8th, 2009.The Toshiba Classic is a division of the PGA TOUR, and it is for professional golfers aged 50 and over.  The Toshiba Classic has raised over $11 million dollars, and the charity has is Hoag Memorial Hospital. There are also Orange Charities that money is raised for with this event. This money has been raised over the past 11 years which is the history of the tournament. With players such as Lee Trevino, Gary Player, Fuzzy Zoeller  and Tom Kite (just to name a few) this is sure to be an exciting event. Please find the Schedule Even...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with writen instructions.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
  Open House SaturdayFebruary 21, 20091:00 to 4:00 pm214 62nd StreetNewport Beach, CaliforniaYou are invited to an open house in Newport Shores. This is a charming is located in Newport Beach. This single family home has there bedrooms, and two bathrooms. This home has new carpet and new paint.This Newport Shores home is located walking distance (one block) to one of the finest beaches in Newport Beach. Enjoy the beach lifestyle. Ride your bicycle along the boardwalk to either the Balboa Pier, Newport Pier or Huntington Beach. Enjoy dining and shopping.Additionally, the Newport Shores community features a heated pool, tennis court, sand volley ball court, and a basketball court. There are activities during the year for all to enjoy. For more information, view the property website at www...
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Choose Nursing, Choose Hoag FOR IMMEDIATE RELEASE PRLog (Press Release) - Feb 17, 2009 - Chris Smith of Chris Smith and Associates (Surterre Properties) and his wife Julie were in attendance at the Choose Nursing, Choose Hoag Celebration of Success Luncheon 2008 The luncheon took place at the Island Hotel in Newport Beach, CA.  The mission of Choose Nursing, Choose Hoag is spreading the word that nursing education is a viable component to the solution for the critical nursing shortage. Its members are an outstanding group of community leaders dedicated to supporting nursing education in order to attract and develop the best and brightest new nurses and to providing career-advancing education for established nurses. Mr. and Mrs. Smith are both active members of Hoag's 552 Club and Volunt...
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Today everyones question is how is the Real Estate Market doing? Well if you are an investor or a buyer it is fantastic!!! This past week in all 3 zip codes of Newport Beach 92660,Corona Del Mar 92625, and Newport Coast 92657 the median list price is down. It could be that sellers are starting to see that in order to sell their homes they need to be priced for todays real estate market. See the following chart for median list prices. In Newport Beach the median list price for a home is $1,737,500 last week it was $1,750,000. In Corona Del Mar this week the median list price is $2,490,000 last week it was $2,497,500. Take a look at the following information. Inventory has been decreasing but the average days on market has been increasing or staying pretty flat. Therefore the real estate ...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with implicit instructions.
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By Mary Campbell
(Abrams Coastal Properties)
I Love statistics! So today I decided to do a little research on Newport Beach as a whole compared to Balboa Island. Although Balboa Island is a small community in Newport it does have some of the most expensive real estate in Newport. Although we constantly hear how it's a buyers market and it is. Look at the inventory graph on the Island. Not mamy homes for sale, compared to the rest of the city. If you find this kind of information interesting please sign up for one of my Executive reports for any zipcode you like and it will be emailed to you immediately.
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.. All rights reserved.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted with writen instructions.
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