The Impact of Tax Reform on Newport Beach Homeowners

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There is good news and bad news for local homeowners. By “good news” I mean that we dodged a bullet. It’s not as bad as it might have been. Capital Gains Exemption, mortgage interest deduction, and property tax deduction were all on the chopping block. Here’s how it all came out… Good News… Capital Gains exemption on the sale of …

Luxury View Home

Would Your Home Appeal to Our Global Clientele?

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If you own a home in Newport Beach, Corona Del Mar, or Newport Coast, you control an asset that could be in high demand by our Global Clientele.    It might pay, in large sums, to ask how to appeal to this potential Buyer. The Home Shopper coming from the Orange County area is most likely an “aspirational” Buyer.  They …

Home Value Estimate

Predicting Your Home’s Best Buyer

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Your Home’s best Buyer will pay much more for it than the worst Buyer. So how do you reach the most motivated and qualified Buyer who will pay the most? You’ve seen the Traditional type of Real Estate Marketing in your mailbox and local magazines constantly. However, just listed postcards, mailers, magazine ads, and Listing Videos tend to only reach …

Home Sales in Newport Coast

Newport Coast Homes Being UNDERSOLD?

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It’s an alarming trend.  Local Agents using price reductions to attract a Buyer, any Buyer to the listing.   According to Trendgraphics, in the first quarter of 2017,  the average sale price was only 90% of Original List price for homes that sold in Newport Coast.   With an average sale price of over $3.8 million dollars, that’s an average of …

Global Luxury Newport Beach

Pelton Team Launches a New Level of Luxury Home Marketing

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Pelton Team with Coldwell Banker in Newport Beach California is expanding to a new level of marketing for luxury homes.  Global Luxury is the new high end designation and marketing program for Coldwell Banker luxury Agents.  Tom and Paula Pelton have been selling homes in Orange County for 15 years.  In 2016 they were recognized in the top 6% of …

Newport Realtor Top 6% Nationally

Newport Beach Realtor Paula Pelton Recognized in Top 6% Nationally

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National Association of Realtors announced 2016 membership at 1,233,704 members nationwide. That is the highest membership level since the year the market crashed in 2007. Once again, the market is saturated with licensees, so awards have become one practical way to identify the top professionals who are active and achieving results for Clients. Local Newport Beach Real Estate Agent, Paula Pelton was …

Pacific Ridge Ocean View Homes Newport Coast

Pacific Ridge Community in Newport Coast Offers Ocean View Homes

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Pacific Ridge Ocean View begins from the moment you enter the front gates.  The Community sits high on the coastal hills providing breathtaking Canyons and Ocean Views.   Just inside the gates, you are greeted by an expansive view of the Pacific Ocean framed by lush greenbelt and rolling hills. Pacific Ridge is a community in Newport Coast inspired by Tuscany …

Festival of Whales

Dana Point Festival of Whales Coming Soon!

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The Dana Point Festival of Whales, happens every year in the Dana Point Harbor the First two weekends in March.  The annual event celebrates the return of the once-endangered California Gray Whale with this “whale” of an event. This celebration draws more than 100,000 visitors from around the world to Dana Point each year for the height of the Gray Whale Watching …

Update on Newport Beach Real Estate

Newport Beach Real Estate Market Report

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Newport Beach Market Report for January 2017.  January Home sales in Newport Beach were at 65, up 6.6% from 61 sales a year ago in January of 2016.  Thats -11.0% lower than the 73 sales last month.  January 2017 sales were at their highest level compared to January of 2016 and 2015.  January Year to Date sales at 65 are running …