Posts tagged as:

newport beach real estate

From Newport Beach Your Weekly Financial and Market Update

by SLP on May 9, 2012

in CDM and Newport Real Estate

 Surterre’s Weekly Financial and Market Update

Week Ending 5/10/2012

“Glass Half Full” Perspective

 

ORANGE COUNTY REGISTER REAL ESTATE SECTION 5/6/2012glass half full sticker 150x150 From Newport Beach Your Weekly Financial and Market Update

 Jeff Collins

“HOME SALES JUMP $58 MILLION IN 2012”

Orange County home sales generated $3.18 billion in the first quarter of 2012. That is up nearly $58 million

 ORANGE COUNTY REGISTER REAL ESTATE SECTION 5/6/2012

Jonathan Lansner

“HOMEBUYERS SPRINGING TO LIFE THIS SEASON”

Newport Beach-based Surterre properties says it recorded a company-record $376 million in residential real estate sales in the first quarter. Also, Surterre’s first quarter new escrows jumped 70 percent in a year to $544 million from $321 million in 2011’s first three months.

ORANGE COUNTY REGISTER REAL ESTATE SECTION 5/6/2012

 Jeff Collins

“DISTRESS DOWN 61%”

Distressed properties were 23 percent of Orange County homes listed for sale as of April 26 and 48 percent of the residences recently put into escrow. Today there are 1,399 total short sales and foreclosures on the active listing inventory. Last year at this time there were 3,834.

ORANGE COUNTY REGISTER REAL ESTATE SECTION 4/29/2012

Jeff Collins

“IS THE FORECLOSURE CRISIS OVER?”

By almost any measure, foreclosures have dropped dramatically in the past several months, prompting some observers to say that the foreclosure crisis may be nearing an end.

 ORANGE COUNTY REGISTER REAL ESTATE SECTION 4/22/2012

 Jonathan Lansner

“FORECLOSURE SALES DOWN SHARPLY”

Analyst dismisses another wave of distressed properties. California property owners are losing homes to foreclosure at half the 2011 pace

justSold 150x150 From Newport Beach Your Weekly Financial and Market Update ORANGE COUNTY REGISTER REAL ESTATE SECTION 4/22/2012

 Jonathan Lansner

“INVESTORS BUYING HALF OF O.C. FORECLOSURES”

As the number of orange County foreclosures drop, the proportion of investors buying the properties at auction is on the rise…

ORANGE COUNTY REGISTER REAL ESTATE SECTION 4/22/2012

 Jonathan Lansner

“TREND”

Ladera Ranch had O.C.’s shortest market time at 21 days, Laguna Beach was the longest at 5.74 months

 ORANGE COUNTY REGISTER REAL ESTATE SECTION 4/22/2012

 Jonathan Lansner

“O.C.HOUSE SELLERS IN SHORT SUPPLY”

The housing question of 2012: “Where did all the sellers go?”

ORANGE COUNTY REGISTER FRONT PAGE 4/19/2012

 Jonathan Lansner

“HOME SALES BEST SINCE 2007”

O.C. volume jumped 9.2% in a year…

 LOS ANGELES TIMES BUSINESS SECTION 4/18/2012

 Alexandro Lazo

“HOME SALES CLIMB IN REGION”

March purchases rise 2.8% year over year.

{ 0 comments }

Corona del Mar Sandcastle Contest 2011

by brownandstowell on September 28, 2011

in Events

Dahlia 1.3 Corona del Mar Sandcastle Contest 2011

 

If you are in the Corona del Mar, California area the weekend of October 2nd, make sure to stop by Big Corona State Beach for the 50th Annual Corona del Mar Sancastle Contest. The contest kicks off at 11am with 45 teams competing for the championship and two tickets to Catalina on the Catalina Flyer.  The contest ends at 4:30 and an award ceremony follows. To become a participant, click on the City of Newport Beach website here.  Enry fees are as little as $30/team up to $60/team.

Sandcastle Contest2 Corona del Mar Sandcastle Contest 2011The annual event in Corona del Mar is a fun day for the whole family, even if you are not a participant. For more information and to see last year’s pictures, visit the Corona del Mar Sancastle Contest facebook page.

 

For more information about Corona del Mar events and the community, please contact the Brown and Stowell Real Estate Team at brownandstowell@gmail.com or www.LoveCdM.com

{ 0 comments }

Sunset Cocktail Party: 345 Cameo Shores Road

by brownandstowell on September 22, 2011

in CDM and Newport Real Estate,Events

PIC Cameo2 150x150 Sunset Cocktail Party: 345 Cameo Shores Road
Designer Kitchen with all the upgrades.

Today, September 22, 2011 > 4:30 – 7PM

 

You are invited to preview this beautiful four bedroom, three bath home in the exclusive community of Cameo Shores while enjoying cocktails and hors d’oeuvres.  No RSVP necessary.  For additional property information, please visit www.345CameoShores.com

{ 0 comments }

Newport Beach Gateway, Mariner’s Point

by brownandstowell on August 19, 2011

in CDM and Newport Real Estate,Events,Real Estate Team News

Newport BEach Newport Beach Gateway, Mariners Point
Aerial photo of Newport Beach

Newport Beach Gateway, Mariner’s Pointe

What was your opinion?  Were you for it? Or opposed to it?  By now you should have heard, a new two-story commercial building and a three story parking structure are moving into town!  On Tuesday, August 9th at the Newport Beach Regular City Council Meeting, our Mayor Michael F. Henn and his fellow council members adopted Resolution No. 2011-86 approving the Revised Mariner’s Pointe project.

What does this mean to us, the residence of Newport Beach, that pass by the intersection of Dover and Coast Highway on a daily basis?

It is my hope, that sometime around Christmas of 2012 we might actually be walking down Coast Highway, with our Starbucks in-hand of course.  While doing so we will be looking at an entire new streetscape which will include classy new architecture and landscaping that encourages us to stop along this stretch we call Mariner’s Mile, and enjoy the AMAZING HARBOR views that we so frequently fly right by!  Is it not true that most of the time, we are simply just speeding through this area because we are in a RUSH to… (Insert almost anything here) some of my favorite examples include:

 Believe it or not, AND NOT SOON ENOUGH, that tacky green fencing might actually be gone!

And in its place we may have options to stop shop and indulge ourselves at a new Medi Spa, outdoor café, a flagship Winston Jewelers or even a place for one of our kido’s to apply for their first job!

I heard a local Cliff Drive/Kings Road resident step up to the podium at the council meeting and clearly proclaim her excitement for the Mariner’s Pointe project.  This young woman shared that she has two young children, with a third one “on-the- way” and she is looking forward to her children walking down the street to work at the local neighborhood Mainer’s Pointe shopping center someday!

To sum it all up, I think this project is exciting and yet another fantastic step towards the revitalization of Newport Beach!  Love where you live, and live where you love!  That’s why we LoveCdM.com and LoveBalboaPeninsula.com.

{ 0 comments }

Corona del Mar Real Estate Buyers Guide

by brownandstowell on August 12, 2011

in CDM and Newport Real Estate,Real Estate Team News

CdM Pano beach5 Corona del Mar Real Estate Buyers Guide
Coroan del Mar State Beach- Little Corona

If you have been on the fence to buy Corona del Mar Real Estate recently because of all the uncertainty in today’s economy, we would like to share a few reasons why now a great time to buy in Corona del Mar, CA.

 

  1. Buyers can get a great deal. Prices are down 30 percent on average, and are at a level that makes sense for potential buyer’s income.
  2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, buyer’s costs to own are down by a least a fifth from two years ago. Buyers can get their dream home using someone else’s money!
  3. Tax savings are still prevalent. The combination of mortgage interest and other deduction can bring the cost of owning a home below the cost of renting a comparable Corona del Mar residence.
  4. It will be yours! The one benefit of owning that never changes is your ability to make it your own (remodel, landscaping, colors, etc.). How many landlords will let you do that?
  5. Buyers can get better homes in this market. In the Corona del Mar real estate markets, it’s simply the case that the nicest places are for sale and their prices are significantly less than 2-5 years ago.
  6. Owning a home offers some inflation protection. Historically, appreciation over time outpaces inflation.
  7. Buying a home is a capital investment. When the economy picks up, a buyer will benefit of the appreciation and be living in the home of their choice.
  8. Buying a home is essentially forced savings. Each  month a party of the buyer’s payment goes to equity.
  9. The choice of inventory is incredible now. There are some 4 million homes available today – about a year’s supply. Now is the time for a buyer to get the home of their dreams.
  10. Sooner or later the market will clear out the current inventory. The U.S. is expected to grow by another 100 million people in 40 years. These people have to live somewhere, so demand will eventually outpace supply.

                                   

Everything is cyclical. History shows that what goes down eventually comes back up due to improvements in the economy and changes in demographics. When investors and builders are buying – this is a great indicator for other buyers to jump in. We have worked with several Corona del Mar real estate builders who have several projects for new construction in the Corona del Mar Village.

Owning real estate is still the best investment anyone can make over a 2-5 year period. To search all active Corona del Mar real estate, please visit www.LoveCdM.com

If you would like to invest in your future, please call or email the Brown and Stowell Real Estate Team at 949-413-1402 or bavila@surterreproperties.com

IMG 0566 3 Corona del Mar Real Estate Buyers Guide
The Brown and Stowell Team having fun on the beach

{ 0 comments }

Corona del Mar Village Annual Block Party

by brownandstowell on August 1, 2011

in CDM and Newport Real Estate,Events,Real Estate Team News

BlockParty 6 11 11 Corona del Mar Village Annual Block Party
8th Annual Corona del Mar Village Block Party

 The Brown and Stowell  Team, a local Corona del Mar real estate team, of Surterre Properties is hosting the 8th annual Corona del Mar Block Party at Begonia Park this weekend. Please join the Corona del Mar real estate specialist on Sunday August 7th from 2-5pm for Mexican food from Avila’s El Ranchito, music and games. The weather should be great this weekend so why not stop by for some food, fun and to meet your local real estate agents.

Please call or email Michelle Brown for more information at 949-212-2576/ michellebrownagent@att.net

The Brown and Stowell Real Estate Team’s office is located in the heart of the Corona del Mar Village at 2515 East Coast Hwy, a few doors down from Avila’s El Ranchito. To learn more about Corona del Mar real estate, please visit www.LoveCdM.com.

IMG 0566 3 Corona del Mar Village Annual Block Party
The Brown and Stowell Team having fun on the beach

{ 0 comments }

Four Bedroom Condo for Rent in Newport Beach Peninsula

by brownandstowell on March 8, 2011

in CDM and Newport Real Estate

Newport BEach 150x150 Four Bedroom Condo for Rent in Newport Beach Peninsula
Aerial photo of Newport Beach

Looking for a great house for rent on the beach ? Look no further! There are two completely upgraded four bedroom condos available now for a one year lease on the Newport Beach Peninsula at an amazing price!

These condos are located just three houses from the sand and a quick bike ride to all great Newport Beach Peninsula restaurants and the Newport Beach Pier.

  • Four bedrooms, three baths; all bedrooms are upstairs, one bath downstairs
  • Newly upgraded kitchen and baths with granite countertops and newer appliances
  • Approximately 1,900 square feet
  • Very open and functional floor plan
  • Spacious front patio
  • One car garage per unit
  • Indoor laundry
  • Available for just $3,400/month!
  • Prefer no pets but a cat or a fish might be okay
  • Available for an April 1st move-in date or sooner.
DSC01283 150x150 Four Bedroom Condo for Rent in Newport Beach Peninsula
Spacious Living Room with a Fireplace
DSC01284 150x150 Four Bedroom Condo for Rent in Newport Beach Peninsula
Upgraded Dining and Kitchen Areas
DSC01298 150x150 Four Bedroom Condo for Rent in Newport Beach Peninsula
Spacious Master Bedroom and Bath with Dual Sinks

          

 

 

 

 

For more information or to schedule a showing, please email bavila@surterreproperties.com or visit www.BrownandStowell.com

{ 0 comments }