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http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a5750zUcnEEs# Nice link about the pressure on the high end. Newport Coast is in the first anecdote.

I received a flyer on my doorstep today indicating that 20 Foliage in QH sold for $25K more than the recent comp... Can anyone confirm the closed price per MLS?

The real question is the value of public goods. I have NEVER seen the value of a policeman, FF, or teacher broken down into economic terms. Has anyone else? I would suspect that there is a fairly wide variation in the value of individuals, this is particularly true of teachers as...

Neither... yet.

Every $1M plus house should have an air-conditioner (2 in most cases). Additionally, it can be really wet in CDM (or anywhere by the water for that matter), and an air-conditioner is essential as a de-humidifier.

Here is a great looking house in the Port Streets at a $100/sq ft. discount to the closest ask. I like where things are heading. http://www.redfin.com/CA/Newport-Beach/2324-Port-Carlisle-Pl-92660/home/4723153

Yes you were all right. My experience with this agent matches those described here (I started another thread about it). Given the emphasis on pocket listings, and the attendant need to source qualified buyers directly, I can understand why he is so pushy. Off-putting yes, but perhaps it...

From what I gather, a pocket listing is one that is not listed on the MLS. I believe there are several potential reasons one would choose to list this way. 1) privacy. Your neighbors won't be able to look at your effort and history on Redfin. 2) low traffic. Selling a house can be...

I spoke to a local realtor regarding the Tearose sale. He mentioned it was a "pocket listing" (not on the MLS), and that there typically are a number of pocket listings in the area at any given time. Anyone have any details on this shadow inventory?