If you think prices of real estate are still falling EVERYWHERE look no further than Newport Beach, CA to be proven wrong. Prices of condominiums in Newport Beach were up 79% from January and single family homes were up 34%. These prices are also up substantially from the previous year too.
Home affordability is as attractive as it’s been in recent history, with rates at historical lows and prices declining in most markets. As you can tell from the stats below, this may not be the case in Newport Beach much longer. Contact one of our buyers agents today.
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