The Summer is Heating Up in Newport Beach - Along With the Housing Market

It appears that the heat wave is over (temporarily) in Newport Beach (it has been a scorcher for the last week, but people (and buyers) continue to flock to the Newport Beach housing market for its unspoiled beaches and flourishing housing market. The 4th of July fireworks parade is always a favorite for the Newport Beach residents, and the area around the Newport Beach pier is hopping day and night. If you plan on taking your family to beach, either during the week or the weekend, try to get there early and make sure you bring lots of quarter for the meters that are located across the city.

From the Balboa Peninsula up to the Upper Newport Bay the real estate market continues to sizzle, with many of the Newport Beach homes for sale receiving multiple offers over the asking price- and this includes properties over $2mm. Ocean view properties still come at a premium as well as newly renovated– contact a local Newport Beach Realtor at 949-632-7006 or visit us online at www.bancorprealty.com homes that have the most modern amenities. To learn more about the Newport Beach real estate market 

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San Clemente 4th of July - San Clemente Real Estate

Everybody knows that San Clemente is the place to be in the summer. Great surfing beaches, fantastic boutique shopping in the downtown area as well as the pier, and excellent culinary choices throughout the city. People enjoy the San Clemente real estate market because it is away from the hub-bub of north county, the residents live in their own little slice of utopia adjacent to the Pacific Ocean. BanCorp Properties has been serving in the San Clemente housing market since 1995, as a trusted a reliable Real Estate Broker.

City of San Clemente is hosting a Fireworks Show from the San Clemente Pier beginning at 9:00pm on the 4th of July. The fireworks display can also be seen from many beaches and hilltop areas in and around San Clemente. The end of the Pier, opposite the entrance, will close at noon on Friday, July 3rd for preliminary preparation and the entire Pier will close on Saturday, July 4th at 8:00 a.m. For information about the SC Ocean Festival Fundraising Dinner on the Pier, call (949) 632-7006.

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South Orange County Real Estate Market Trends - BanCorp Properties

Summer is just around the corner and the real estate continues to be hot in South Orange County. With property values rising (or remaining stable at worst), we believe the trend will continue through the summer, with interest rates hovering around record lows. With many buyers still paying cash for quicker closes, many of the homes for sale along the coastline including San Clemente, Dana Point, Newport Coast, Newport Beach, Laguna Beach and Huntington Beach are staying on the market for lesser periods of days on market – especially those under $1mm. Another trend we see is listing agents not allowing any showings until they hold an open house over the weekend – this is across the Orange County housing market.

BanCorp Properties serves in 18 major South Orange County cities, and has been working in the capacity of a licensed Real Estate Broker since 1995. Condos continue to be hot commodity, especially along the inland region of the county (Mission Viejo, Lake Forest, Laguna Hills, Irvine and Aliso Viejo). Single-level single-family residences also are in high-demand and are also hard to locate. For now the trend in real estate prices is up, and we don’t see any indicators that change this trend in the near-future. We also like to remind buyers that are paying cash for home to still get an appraisal on the property. 

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