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Here are some of my experiences: In the area of Newport Coast that I've been looking, asking prices from regular sales aren't even worth looking at. They have been 20% (at least) higher than asking prices for short sales and REOs. The short sales and REOs move and they are often to...

I spoke to a few realtors showing homes in the area and the story is that there is an investor who bought 8+ homes that are all underwater. This includes 6 Meridian and 14 Observatory. He still drives around in his exotic cars to check up on the homes. He has still several homes to...

Hello everyone. First post. I've been home shopping for a while and never considered Newport Coast until recently. I have no urgent need to move as I sold a condo back in late 2005 to cash out and have been sitting on the sidelines renting ever since. Sell4U: what do you think would the...