Hello Mr. Blue,
Newport Coast has sustained downward pressure on home sold prices, just like other areas of Orange County and Southern California. People who own expensive homes are not immune from economic pressures. On the other hand, most of the owners at Crystal Cove are people with significant income and wealth, and they are not forced to sell when markets slide. We don't expect much hysterical home selling to take place at Newport Coast.
I recall from some of your other questions that you are not a homebuyer or seller. However, if you are interested to be a homebuyer at Crystal Cove and Newport Coast, contact a qualified and experienced REALTOR to help you with that.
Harrison K. Long, Explore Group, Coldwell Banker Previews.
ExploreProperties@gmail.com - Fri Nov 13 2009, 18:09