Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently, there are four active listings, one in back up, nine pending, and there have been five sales Newport Beach bank owned sales in October, 2011.
Listings Down 2 from September, 2011
Back Up Down 1 from September, 2011
Pending  Up +1 from September, 2011
Sold Down 1 from September, 2011
In general the number of Newport Beach REO properties sold has increased when comparing the number of sales for the year from September to October, 2011. The increase of sales by year is up by 11 properties and in my opinion the trend will most likely continue because of the number of active listings which are short sales is 45.
Showing properties
1 - 8 of 8.
See more Newport Beach REO Property for Sale.
(all data current as of
5/17/2012)
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$399,900 : 4304 Hilaria Way, Newport Beach3 beds, 2 full baths
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$978,500 : 424 32nd St B, Newport Beach2 beds, 2 part baths
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$229,900 : 300 Cagney Ln 203, Newport Beach1 bed, 1 full bath
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$515,000 : 207 Columbia St 192, Newport Beach2 beds, 2 full, 1 part baths
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$309,900 : 1522 Bruinbark Ln 21, Newport Beach2 beds, 1 full, 2 part baths
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$1,825,000 : 445 Seville Ave, Newport Beach5 beds, 3 full baths
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$1,627,500 : 20 BELMONT, Newport Beach4 beds, 2 full, 1 part baths
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$2,595,000 : 426 Harbor island DR, Newport Beach4 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
