Ask a typical Fountain Valley consumer to name the two most important purchases people make, and you’ll almost always hear “new house” and “new car.” They’re often lumped together, but they shouldn’t be. They aren’t all that similar.

  The rationale for buying a new car is clear: automotive technology advances nearly every model year, improving fuel economy and safety. Add in that intoxicating new car smell, and the preference is all but automatic. Used cars may be economical, but as for the thrill factor: nyah!

  Similarly, when the question is put to a cross-section of typical Americans, new homes get the nod over existing ones. The percentage of those who “strongly” or “somewhat” prefer buying a newly built home weighs in at 41%. That’s a…

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They called it a “bomb cyclone”—a name hardly intended to bring peace of mind to those experiencing the worst of it. In essence, it was a remarkable surge of bitter arctic air that tore through much of the Great Lakes and East Coast. Improbable images from the South proved to the rest of the country that even great swaths of Dixie wound up momentarily sheathed in ice.

If you think of Costa Mesa’s weather as being one of our most livable attributes, you probably have in mind a lovely spring day or golden autumn afternoon. Costa Mesa residents can be forgiven for overlooking any summertime heat waves or teeth-chattering January storms—but at least our seasons behave somewhat as expected.

Costa Mesa’sweather may not be one hundred percent…

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It’s irresistible: peering into the new year, trying to guess what the Newport Beach real estate landscape will look like in the coming 365 days. At the close of an outstanding 2017, although it’s always a little foolish to assume too much about details in a world that changes as rapidly as ours does, I think there are some more-probable-than-not real estate good news/bad news scenarios likely to come our way:

GOOD NEWS:

  • New-home sales increased an astounding 17.5% in November, creating “the exact kind of new-home sales numbers the market has been desperate for” according to Economist Aaron Terrazas. Builders report that they are selling homes before they even start building them, while (per the Wall Street Journal) “The housing market is…

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