All About Newport Beach

New Year's Eve is coming up this weekend  and hopefully you west coasters have already planned your Newport Beach New Year’s Eve festivities. There are many of pre-planned New Years Eve events in the Newport Beach area, and I would recommend making your plans right away so you can have a great New Year’s Eve and bring in 2012.

Why not go out to the Balboa Bay Club in Newport Beach and enjoy their festivities.

Consider a dinner at 930 Sushi in Newport Beach, and enjoy some delicious sushi.

If you are considering dining in Corona del Mar, try out the Quiet Woman. It is a personal favorite.

I have provided some New Year's Eve plans here in Newport Beach and Corona del Mar, please contact the restaurants directly to make sure that they have reservations, and to inquire if it is a pre-planned menu.

Here is wishing you a Happy New Year 2012, and wishing you a happy, health and prosperous 2012.

Originally posted at NewportBeachRealEstateCafe.com

Are you searching for a Newport Beach home for sale? Trying to obtain the best “deal”? Then you need a buyer’s agent to help you navigate through the home buying process.

There are many reasons why you should have your own representation when purchasing a Newport Beach home for sale. And if you are under the impression that you will be saving money, you might want to think again. Buying a home is most likely your single largest purchase, don’t you want to make sure that you are protected?

If you were in a legal dispute, would you utilize the same attorney as the opposing side?

1. The Listing Agent has the contract with the seller before the buyer comes along. The Listing Agent has fiduciary responsibility to the seller, as the seller is the one who is compensating the listing agent.

2.  A Newport Beach buyer’s agent has their fidicuary responsibility to you – the buyer. The buyer’s agent will conduct an analysis of the market and determine fair market value.

3. A Newport Beach buyer’s agent will negotiate in your behalf.

4. If you think you are saving money by going to the Listing Agent, keep in mind that the commission has already been established when the Listing Agreement is signed – so that means the listing agent will be paid commission on both sides of the transaction.

5. Your buyer’s agent will make you aware of new listings as they come available, and often times have pocket listings as well (listings that are not in the MLS).

If I can answer any questions about utilizing your own buyer’s agent in Newport Beach, please contact me.

Other articles about purchasing Newport Beach Real Estate.

Is Buying a Distressed Property Right for You?

What to Expect When Working with a Newport Beach Real Estate Agent

Benefits of Utilizing a Newport Beach Buyer’s Agent

Read more: http://newportbeachrealestatecafe.com/2011/12/27/get-your-own-buyers-agent-when-purchasing-a-newport-beach-home/#ixzz1hlFwq922

Linda Isle in Newport Beach | Market Update | November, 2011

Linda Isle is a beautiful guard gated community located in Newport Beach. There is a guard gate, and a bridge to get onto the island. Linda Isle is shaped like a horse shoe and all the homes are designed to be bay front. Linda Isle in Newport Beach is a yacht's man dream location with bay front homes and incredible bay front views.

The architecture on Linda Isle in Newport Beach is varied, and the bay front homes are incredible.

Currently, there are 11 active listings on Linda Isle in Newport Beach, and there was one sale in November, 2011. All of the active listings are standard sales, with the exception which is owned by a relocation company.

One month is generally not a trend, however the absorption rate is fairly high over the past one year and it indicated it is a buyers market.

Search the MLS for homes for sale in Newport Beach, and homes for sale on Linda Isle in Newport Beach.

Today is Christmas Eve and I am writing this post to wish each and every one of you a very Merry Christmas and Happy Holiday season. I was walking around Fashion Island today enjoying the holiday and wanted to share a photo of the Fashion Island Christmas Tree.

Christmas is a time for families and friends, and am hoping that you all have a beautiful holiday season, and you will enjoy all the positive that accompanies it.

I hope you all enjoy the holiday season whether it is Christmas or Hanukkah. It is a time for us to be together with our families and our friends.

Wishing everyone a wonderful holiday.

Originally posted at NewportBeachRealEstateCafe.com

Cameo Shores in Corona del Mar is a beautiful community of homes located in Corona del Mar. Cameo Shores in Corona del Mar is located on the ocean side of Coast Highway, and there are approximately 170 homes sites in this location.  This Corona del Mar  neighborhood was designed to be terraced so that all the homes maintain their spectacular ocean views (with the exception of the uppermost street which does not have ocean views). And also for the home owners in Cameo Highlands in Corona del Mar to have ocean views as well.

Cameo Shores and Cameo Highlands in Corona del Mar have access to beautiful private beaches. There are some incredible views at these beaches in Cameo shores.

Cameo Shores in Corona del Mar currently has four active listings. The last recorded sale in Cameo Shores in Corona del Mar was in June, 2011.

Listings are down -1 from October, 2011

 A trend for months of absorption rate cannot be established until the six month trend as there have been no sales within the past four months on Cameo Shores.

Search the MLS for homes for sale in Cameo Shores in Corona del Mar, CA and Corona del Mar real estate.

Are you looking for the perfect Christmas gift? Well then, why not consider adopting an animal from your local shelter. I am a dog person, so I can talk more about dogs, but I know there are many cats and kittens which need homes as well.

A puppy or dog provides great companionship, is non-judgmental, and adds to the house hold. In my opinion, dogs are like family members!! And in my household, our dog is treated as a family member.

If you cannot think of that special or perfect Christmas gift - then consider adopting an animal. You would be helping out the animals along with the shelters who try so hard to find these animals homes.

Here are a couple of local resources for you, and I follow them on Facebook and Twitter. Help them out by following them, you never know if someone on your feed is looking for an animal!! Lets help out these babies!

Animals for Angels Network is a nation wide organization and helps find animals homes utilizing social media.

You can also follow them on Twitter. 

And honestly, I feel for any animals which are in a shelter. They deserve to have a holiday too. I know every year I like to include my dog Patrick with the holiday season. And he definitely contributes.! He is hilarious!

I hope you will consider adopting a dog or cat if you are looking for a holiday gift.

I have included these in the December Season of Sharing contest because there are so many animals which need homes, and these animals can bring happiness to those who adopt them.

Originally posted at NewportBeachRealEstateCafe.com

The 2012 Rose Parade is an annual tradition held in Pasadena, CA. I have fond memories of the Rose Parade because it was a family tradition - on New Year's Day to get up and watch the parade. We saw it live also many times, camping out along the parade route prior to the parade. One of the funnest nights I remember was when my Dad parked his motorhome right along Colorado Boulevard, and the whole family sat on top of the motor home watching the parade. 

So, to this day, I enjoy watching the Rose Parade on New Year's Day and consider it a tradition. I think the floats are so beautiful and they have evolved over the years.

This Rose Parade in Pasadena, CA will be held on January 2, 2012 and it begins at 8am. The Grand Marshall for the 2012 Rose Parade is J.R. Martinez who is a retired soldier, actor and he was recently the Dancing with the Stars champion. Enjoy watching all the floats, equestrian units and marching bands who come from all over the country. Enjoy the college comaraderie as well.

The Rose Parade this year is sponsored by Honda.

Happy New Years to you and hope you get to watch the Rose Parade and enjoy traditions in your New Year's festivities.

Wishing you a happy and healthy and prosperous 2012.

I have included this post in the December season of sharing contest, because it is an opportunity to get people together to work on the floats, watch the parade and enjoy special traditions together.

 Originally posted at NewportBeachRealEstateCafe.com

Big Canyon in Newport Beach has several different builder tracts. Whether you are considering a custom Newport Beach golf course home or a Newport Beach condo, Big Canyon is a highly sought after area.

The Big Canyon area in Newport Beach  is bordered by Ford Road, MacArthur, San Joaquin and Jamboree. Big Canyon is located on the Big Canyon golf course at the Big Canyon Country Club which is a members only club. The photo below is a photo of the clubhouse which was recently built.

There are many beautiful golf course homes which are located in Big Canyon.  Big Canyon in Newport Beach has beautiful custom homes located on the golf course in Big Canyon. Big Canyon in Newport Beach is walking distance to Fashion Island in Newport Beach which features upscale dining and shopping. Enjoy one of the many activities at Fashion Island in Newport Beach including the Fashion Island tree lighting ceremony which is an annual event which takes place in November of every year.

Find lifestyle information below in Big Canyon in Newport Beach.

Currently, there are 20 active listings in Big Canyon in Newport Beach. Of those 20 listings, 4 are short sales. There are 2 in back up (one is a short sale), 3 pending (1 is a short sale) and there has been one sale in the month of November, 2011.

Listings are the same as October, 2011
Back Up are down -3 October, 2011
Pending is the same as October, 2011
Sold is down -6 from October, 2011

The absorption rate for the Big Canyon area of Newport Beach is showing a stable market. There are distressed property as stated above.

Search the MLS for Big Canyon homes for sale in Newport Beach, and condos for sale in Big Canyon.

Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.

Newport Beach currently has an inventory of REO or bank owned homes. Currently, there are five active listings, three in back up, four pending, and there have been four sales Newport Beach bank owned sales.

Listings are down -1 from October, 2011
Back up is up +2 from October, 2011
Pending is down -5 from October, 2011
Sales are down -1 from October, 2011

There is a low absorption rate  of the REO property as you can see on the graph. These properties move quickly as buyer's perceive them as the best deal. Keep in mind when buying an REO property - they are purchased "as is".  Also, remember that the bank will want fair market value and go to great lengths to obtain that value.

Search the MLS for Newport Beach REO property, and Newport Beach homes for sale.

Originally posted at NewportBeachRealEstateCafe.com