Newport Coast

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seaqueen_IHB

New member
Hello All,

I find these forums very interesting and informative. I wanted to see if anyone thought SFR in the Newport Coast area would go under $1M anytime soon. Currently, there are no SFR under $1.25M in the area (besides the Sancerre tract, but those are detached condos..). Any info would be much appreciated. I like the St. Michel area.
 
St Michel is OK, I'm just not a fan of their exteriors and tiny yards(even by newport coast standards). It's probably worth a little extra $ to go for campobello if that's the exterior you're looking for. I'd like to see pacific ridge(belcara is the cheapest) for to low 1 mills, but so far only one short sell at 1.3 mill...the rest at 1.65 and above.
 
i doubt it will go to 1m. there are quite a few people like urself waiting for it to get near that level. once it does, it will probably get snapped up
 
There have been previous threads on Newport Coast. Use the search function to find out more info on them. While I really like some of the areas and would be one of those people looking to jump, it always comes down to the financing and I don't think alot of people (self included) are/will be in the position to get financing on these homes at the current price levels. my $.02
 
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