Try a new real estate price-cut strategy

During the bubble housing market, a price reduction was considered a stigma. This was a time when most listings sold reasonably quickly. A price reduction meant there was probably something wrong with the property. That’s not the case today. Price reductions are common. Often a search of the multiple listing service (MLS) will reveal more …

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Best day to list real estate for sale: Friday

Sellers should list their home on a Friday for the best chance of selling it, according to Seattle-based brokerage Redfin. Redfin analyzed data for 1.2 million listings in 16 markets nationwide over the past 21 months. The brokerage found that of all listed homes in those 16 markets, those listed on a Friday were 12 …

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Newport Beach’s current market

Newport Beach’s real estate market information is from Newport Beach Independent’s Coastal Real Estate Guide.

Cheaper to buy than to rent in 72% of largest U.S. cities

According to a study released by Trulia, it is now cheaper to buy than to rent in most of the largest cities in the U.S.  Ever since the beginning of the real estate market downturn, many former homeowners have traded in their bought home for a rental, whether by choice or foreclosure.  But now it’s …

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