January 2015

Found 6 blog entries for January 2015.

newport beach real estate market news

Newport Beach Housing Report

The market has started to pick up a little bit in Newport with 35 new listings coming on the market.  This is an increase from the week prior in which only 20 homes were listed for sale.  15 homes went into escrow and are currently only accepting back up offers, this number is also higher then the week prior (14).  The average price of a Newport Beach home listed for sale last week was $1,909,542.85 with an average of 2524  square feet.  There were a couple of neighborhoods that had a number of homes listed last week.  For example in the Harbor View area in "The Port Streets" 5 homes were listed for sale.  This is a very popular community due to its proximity to Fashion Island, Corona Del Mar and of course the sweeping

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Recently I asked 24 of real estate’s greatest minds to answer a question on the best way to increase your home’s value for $5,000 or less.

I was blown away with the quality of the responses I got, and the huge amount of information that the experts generated.

The problem? It can be hard to digest all that information in one sitting. So, this infographic takes all of the best information the experts gave and can help you visualize the most important ways to boost your real estate value without going in the hole for a bundle.

Enjoy!

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As the real estate markets in the US have started to take a little breather, many areas have seen a return to a more "normal" environment, meaning it actually takes a little bit of effort if you want to sell a home.

If you are trying to sell your home in the Newport Beach area, for example, we've seen the amount of time it takes (average days on market) rise from an average of 69 in March of 2014, when the markets were smoking hot, to a more tepid 100 here at the start of 2015.

As a REALTOR® selling homes in North Tustin, I find many of my clients, who are thinking of selling, ask what's the best way to increase the selling price of a home (or just get it to sell more quickly) with out taking the risk of spending tens of thousands on a home remodel?

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Newport Beach Market Review Infographic   The month of December many times is an outlier when it comes to analyzing data as the most people are thinking about the holidays and not buying a home.  With that being said however you can see with lower supply and an increase in the average days on market that there aren't nearly the buyers that we around the month before.  When you see stats like this sellers are motivated, especially if their home has been on the market through the holidays!  If you are thinking of buying now is a GREAT time of year.  Contact us today to help you identify the best bargains in your area!
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