Newport Beach, CA Real Estate News

By Sharon Paxson, Newport Beach Real Estate
(Compass)
Newport Shores and the WildlifeNewport Beach, CaliforniaNewport Shores is a community of approximately 400 single family homes located on the West side of Newport Beach. It is literally located across the street from the beach  and is surrounded by a Canal which is fed by the ocean. The canal level rises along with the tide.There are homes that are located right along Canal Street, Canal Circle and 62nd Street which are on the water. The residents that live along the water enjoy the wild life which lives in the Canal. And it is definitely varied. There are pelicans which typically come in the winter months. The beautiful white swan still comes to visit. There was two, and now there is only one. There are blue and white herons, and here is one with a swan. Sand pipers live along the Cana...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
  Preparing Your Home to SellWith the New Year behind us, many of you may be considering listing your home to sell. In preparation for selling your home, here are some recommendations that may improve the saleability of your home.A common question that homeowners may ask themselves is which improvements are needed to improve the saleability of their home. Any improvements that increase the home's attractiveness and  overall size to the general public will help to increase the value. Keep in mind that your property only has one opportunity to make a good "first" impression. That being said, when someone walks through the door to view the property, the property should appeal to the general buying public. The following is a list of general guidelines to consider when preparing your home to...
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By Suzanne Horsburgh
(Buy America Real Estate Services)
Mortgage Interests Rates have fallen. A fixed rate loan for 30 years is below 5.000%, and Prime has dropped to 3.500%. Are you ready to take advantage of this once in a lifetime opportunity? It is true; banks have tightened their guidelines. That is why I am reaching out to you to let you know, this is the time to get your loan file ready to lock at the lowest rate possible. If for whatever reason, I cannot help you refinance, there will be no cost to you. What are you waiting for? Call a seasoned loan broker that will save you money. Cell direct 714-404-6099  
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Balboa Island FerryOne of the unique charming modes of transportation is the Balboa Island Ferry. The ferry offers transportation from Balboa Peninsula to Balboa Island. The distance on the ferry is approximately one quarter of a mile. If you were to drive that distance, it is approximately five miles. The Balboa Island has a very interesting history. The very first car that was transported on the Balboa Island Ferry was originally in 1920. The original cost for an automobile was ten cents. The Balboa Island had a franchise which began in 1922, one of the first ferries was named the Joker. Currently, there are three 64 foot ferries, and they have the capacity to carry three automobiles, bicyclists, and pedestrians. The ferry drivers are very skilled, particularly during the summer month...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Make Your New Year's Eve Reservations in Newport Beach With the Christmas holiday behind us, many are already planning for the New Years Eve Celebration in Newport Beach. If you do not already have New Year's Eve plans, for your convenience, I have attached a list of restaurants for you in the Newport Beach, Corona del Mar, and the Newport Coast area to bring in the New Year. Make your reservations as soon as possible in order to secure a reservation. There are many options here in the Newport Beach area, and the following is list of just some of the available restaurants. Cucina Alessa 6700 Coast Highway Newport Beach, CA 949.645.2148 Features fine and authentic Italian food. Wonderful wine selection and delicious any time of year. 21 Oceanfront Restaurant21 Oceanfront (located across ...
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By The Secor Group Irvine REO Specialists, Irvine Bank Owned Homes & Short Sales
(Prudential -Irvine Homes Condos & Townhomes )
                                                                                        Find NEWPORT BEACH FORECLOSURES                                      Want to find NEWPORT BEACH  FORECLOSURES? Check out our Orange County featured FORECLOSURES here. If you are a first time home buyer, savy investor, or any type home buyer in NEWPORT BEACH CA, let the Secor Group help you. NEWPORT BEACH Foreclosed homes sell quickly, so sign up on or NEWPORT BEACH FORECLOSURE Website to get the hottest new FORECLOSURES IN NEWPORT BEACH sent to your inbox as quickiy as humanly possible, and then contact us for making offers.    SEARCH NEWPORT BEACH  HOMES FOR SALE BY MAP ! You won't reget it!     SEARCH ENGINE KEYWORDS:NEWPORT BEACH  FORECLOSURESNEWPORT BEACH FORECLOSED HOMESNEWPORT BEACH  PRE-FORECL...
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By Michael Salas, 19 Years Selling Newport Beach Real Estate!
(KW | Newport Estates)
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 Newport Beach Real Estate market trends, learning how Newport Beach 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 for the four combined Zip codes of Newport Beach Real Estate. All the charts reflect activity for single family detached homes. The first chart shows a Median Sold Price decrease of 34%. The chart below shows the Newport Beach real estate number of homes for sale has  increased by 4%. The chart below shows the Newport Beach real estate supply of single family detached homes for sale has increased by 4%. The...
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By The Secor Group Irvine REO Specialists, Irvine Bank Owned Homes & Short Sales
(Prudential -Irvine Homes Condos & Townhomes )
                Orange County is packed with REO Properties= DEALS DEALS DEALS! Look for Newport Beach REO Homes, Bank  Owned Homes and Foreclosures on our website.  The best thing we are offering right now is our BANK OWNED FILTER home search. You fill it out and then we filter out all the homes BUT NEWPORT BEACH REO PROPERTIES AND BANK OWNED HOMES. You can also search for Newport Beach Homes on the map below.                                                                                  www.BankOwnedFilter.com                                                                 Searh for Newport Beach  Homes by map!                
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By Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M
(Donovan Blatt Realty)
Most of us think of Sunny Southern California when we consider the weather here in Newport Beach, but yesterday Mother Nature threw a storm at us that effected the first night of the Newport Beach Boat Parade. Due to potential unstable weather conditions and strong winds, the first night of the 100th Annual Newport Beach Boat Parade was canceled last night. If permits can be obtained from the City and permssion from Ruby's, which has to shut down for a few hours, is given, then the hope is that the fireworks will be rescheduled for Sunday evening. If we obtain updated information, we will pass it along. In the meantime, we're going to head out to the boat parade tonight to enjoy it as part of our family's Christmas tradition.   ***********************************************************...
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By Dan Rawitch
(HomePlace Realty)
   Well, we are now officially in uncharted waters!  Not only did the Fed lower the Fed Funds rate to just about ZERO, but the 10 year bond which historically lead mortgage rates, also dropped throught the floor. The below chart really tells the story, it is a chart that goes back to 1962.  As you can see, rates have now dropped significantly lower than they were when my Dad bought his first home.  This is amazing. As I posted yesterday, when fear subsides in the financial markets, the spread between the 10 year bond and mortgage rates will narrow.  We may actually see 30 fixed rate loans in the high three to low four percent range. Yesterday, someone commented on my blog with a comment that read, "Beware of Realtors that tell you now is the time to buy".  This was unfair in my opinion!...
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By Mary Campbell
(Abrams Coastal Properties)
Newport Beach Homes For Sale We are all concerned with what the Real estate market is doing these days. Yes, prices are down and the number of sales are also down. But what many don't realize is that home pricing goes in cycles. We have been thru down times before and homes prices have always come up. It is now time for those who could not afford to buy at low prices and also take advantage of the low interest rates. Investors, it's also a wonderful opportunity for you. While it's not the time to buy, fix up, and sell. It is time to buy a property and rent it out. The outcome some years from now will be worth the investment. Do not let all the negativity in the media get to you. I do agree we are in a recession, sometimes I wonder if it's almost a depresssion. But think positive, if you...
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By Sandra Carlisle (Ayers), Real Estate Marketing & Sales
(Berkshire Hathaway California Properties)
Harbor View Homes Market Update "The Port Streets"  Homes for Sale in the Port Streets  1824 Port Stirling Place - 5bd/3ba banked owned home   Approximately 3,400 square feet 1967 Port Laurent Place - Home has been upgraded and expanded.  Move-in condition w/bright open kitchen 1930 Port Weybridge Place - Inside loop location, Palermo plan in original condition 1701 Port Margate Place - Builder opportunity!  Corner lot. 1870 Port Charles Place - Beautiful remodel (Palermo) across from community pool and tot lot.  Built in BBQ and spa.  1906 Port Weybridge Place - Premiere location!  This property boasts a stunning kitchen w/stainless appliances and high end finishing touches.  Master opens to rear yard along with 4 other bedrooms!  Must see, call today! 2324 Port Carlisle - Amazing oppo...
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By Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M
(Donovan Blatt Realty)
This year, Newport Beach celebrates its 100th Annual Christmas Boat Parade from Wednesday, December 17, 2008 through Sunday December 21, 2008.  Although the parade has a new starting point this year, just off Bay Island, it will follow the same route and will start at 6:30 pm and end around 9:00 pm. To celebrate the 100th anniversary, there will fireworks off the Balboa Pier at 6:25 pm Wednesday night just before the start of the parade. This dazzling parade of lights features everything from multi million dollar yachts to kayaks all decorated for the holidays and participating in this local holiday event. The Newport Beach boat parade is so much a part of our holiday that I don't think I can remember a year when I didn't attend even last year, when I was nine months pregnant. This year...
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By Marlene Dietrich
(Marlene Dietrich's Home Team)
Donate a Toy for a Make-A-Wish Hi Everyone:   Wouldn't you like to put a smile on a child's face?  Make-A-Wish kids are children with "life threatening" diseases, they spend their days fighting for their health in hospitals and therapy.  In their medical world, especially at Christmas Time, it would really be great if we could lift their spirits and add a little happiness to their hospital rooms and bedrooms at home to get a toy or gift certificate.    Use your imagination, a toy for any age, boy or girl, a gift certificate from Target, Blockbuster or McDonalds for the teenagers would make a huge difference!!!  We all have so much more than these kids have, let's give from the heart to those not quite as fortunate as we are.....   I will have a box at the front of the office to drop off...
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By maurice cohn
(iMortgage)
Why don't the Big 3 car companies ask for a bail out from the oil companies? They will both benefit. The car companies will continue to make gas guzzlers and the oil companies will have lots of clients. Why not take the next stimulus package and instead of giving the money to banks, insurance companies and other places that would not make a bit of difference, give every tax payer that filed taxes in '07 a $25,000.00 check. This would cost far less than the new 500 billion that Congress is proposing again. We will be able to infuse this money back into the economy by buying all kinds of things like homes, cars, TVs, all kinds of consumer goods and this would really stimulate the economy. As for those that will save the money, it will be good for the banks as well. They will be increasing...
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By maurice cohn
(iMortgage)
Who knew that we'd be seeing a 30 yrs fixed rate loan at 5.00% again?? Well here it is. If only anyone has a job, and decent credit and most of all a little equity, this could be a very Merry Christmas for them. The rates are testing to bottom again and from what all the whispers coming out of the Federal Reserve, looks like they might trim the rates even more, if there will be anything left to trim. This is a funny business in a very strange market. If anyone has any equity left they could get a great loan if they're refinancing providing that you can prove that you can pay the loan back. Why don't banks that are getting bail outs have to prove that they will be able to repay the tax payers back for the money that they're taking from us. Why are they less accountable than us?? Why are ...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
 Open House in Cameo Shores area of Corona del Mar 4639 Fairfield Drive Corona del Mar, California Open Sunday, November 30, 2008  1:00 pm to 4:00 pm  Priced at $2,999,000 The street side of the homes in Cameo Shores have a court yard style entry, the garage is located on the street side, and the front of the home sits upon the terraced lot so that these homes all have views. This home on Fairfield has floor to ceiling windows so that all aspects of this beautiful view will not be missed. This home has three bedrooms, plus a den, and is located in a highly sought after area of Corona del Mar. With terraced homes overlooking the Pacific Ocean, these homes have sweeping panoramic views of the Ocean, jetty and of Catalina Island.   Cameo Shores has private  beaches for the residents of bot...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Newport Beach Parade of Lights - Make Your Reservations Today The Newport Beach Annual Parade of Lights is celebrating their 100th anniversary. This event is sponsored by the Newport Beach Chamber of Commerce. This year the Newport Beach Annual Parade of Lights will be held from Wednesday, December 17 through Sunday, December 21st. The theme for the boat parade is 100 Years of Christmas Cheers. The boat parade will begin at Bay Island at about 6:30 pm and finish at Bay Island. Find specific details on the Boat Parade route here. The boat parade is truly spectacular and is an event not to be missed. There are many different venues from which you can choose to watch the parade from. If you are planning on making reservations at a restaurant, make them right away. The following is a list ...
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By Mary Campbell
(Abrams Coastal Properties)
   Dover Shores Home Every Friday is broker preview in Dover Shores. Today while I was out looking at homes I came across this Dover Shores Luxury Home. The views were incredible! Located on a cul de sac street this home has it all! 5 bedrooms, 5 baths, over 4,000 sq ft, a chefs kitchen with views of the back bay, Travertine floors, front courtyard and backyard for entertaining. This home also features 180 degree views of the back bay. If you have thought of relocating to Dover Shores, you must see this home. Pool and Spa in the court yard. Casita on the left. View from end of the cul-de-sac. View from the backyard It was a very hazy day today, but I sometimes think that evening views are even better. This home is listed for $2,850,000. If you would like to see this home please feel fre...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
Bay Island - Newport Beach Bay Island is a private gated community located in Newport Beach. Located off the Balboa Peninsula, Bay Island has 23 private residences. These homes are actually a co-op, and each of the residents have access to the private tennis court, the garden area which is located in the center of the island, and parking for their vehicles which is off site. There is also a full time care taker that lives on Bay Island. Bay Island is impeccably maintained with beautiful and lush landscaping, and beautiful flower gardens. Bay Island is very unique, as it is a pedestrian island - meaning there are no automobiles on the island. Some of the homes have golf carts to transport their supplies and groceries to their homes. Any supplies brought to the island must be carted in by...
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