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Yeah I have no clue why the imageshack picture links are saying that??? What site does everyone use to upload images to this site?

Here is what I see as one of, if not the best deal (as of today) for a SFR in Newport Coast. Bank owned, $879k ~ $502sq.ft. (not a shortsale) Previous owner bought the home in 2005 for $1,051,000 3 bed, 3 bath, 1,750sq.ft. <a...

Johnny: I Sent you a PM. <a href="http://img373.imageshack.us/my.php?image=24bluesummithomessmallwi9.jpg"><img src="http://img373.imageshack.us/img373/9804/24bluesummithomessmallwi9.th.jpg" alt="" /></a> FWIW, I represented my buyers/clients on this home above earlier this year. A...

IAC has hit it on the head. The upper while having a decent cushion, does result in the last to fall. And it will fall, it will just take longer than most of the rest of OC. The 3 Pelicans will be interesting to see how things pan out, and I will certainly keep this site update. I have...

Thank you everyone for the kind words. I did send Johnny a PM. My intention of starting the NC thread was to provide an accuate indication of exactly what is going on in NC. I don't BS anything, I will tell it straight up. There are too many buyers these days that get fed wrong...

Thanks! I'll be more than glad to provide updates from time to time using this thread.

The median is the middle of a distribution: half the scores are above the median and half are below the median. Example: the median of the numbers 2, 4, 7, 12 is (4+7)/2 = 5.5. I overlooked the detached homes part of the original post. In that case, $935k-$25.0m.

"Aren't like 95% of the homes in NC owner occupied?" I would say less. NC is home to a lot of homeowners who have a 2nd home in Newport Coast that live say in LA, other states, or countries. whether it be a condo, sfr, or a place in Crystal Cove. I don't have the percentages, but I...

Heck, if NC prices dropped to 2003 pricing, there would probably be a buying frenzy. that's along the lines I was thinking too. Huge huge jump in 03-04 prices in NC. I'm sure everywhere else too

lendingmaestro: this is why my entire post was created in the 1st place. It was to show that the majority of current listings in NC are overpriced. Hence the reason why sales have died in NC in the last couple years. You pull up a dozen or so properties, trust me there's plenty more of those...

ABC the former landfill is adjacent to the newport ridge side of newport coast. therefor i would say its closer to newport coast.

Socalmd: the property is not 3 gentlebreeze, though I'm almost certain it's the identical floorplan. I believe 3 GB is currently priced at $1.675. I had another property come up on the mls today in Belcara for $1.1 short sale subject to bank approval. it won't sell for $1.1. it will sell...

I just ran a update search in Belcara, and whatya know they dropped the price on that home seconds ago socalmd - now at $1.660

"I'd probably move up to Belacara in pacific ridge if I could get in around 1.5...I think the lowest priced place in belcara is 1.7 now " Socalmd: Currently there are 10 Belcara homes for sale. The first 4 have price ranges from $1.675-$1.8m. All are Plan 1's (about 2,500sq.ft.) All but...

"In 2 years time, homes everywhere in OC will be 2001 rollbacks and beyond. The bubble gains will be all but wiped out, and only inflation based price growth will have remained from 2000 prices." lendingmaestro-buyers would go on a wild shopping spree if they could buy property right now...

CC attracts a lot of buyers from out of state and country. With our dollar in the pooper, international buyers come out here and grab a beautiful property such as the one you described for pennies on the dollar. However, they might not negotiate as aggressive as the locals who live nearby and...