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Residential Re-Sale, Commercial Properties, Foreclosures and Investments…As a long-time Fullerton resident Adam is intimately familiar with North Orange County neighborhoods. He has extensive expertise in residential real estate, commercial build outs, hard money lending and mortgage banking. As an authorized REO agent for GMAC, CountryWide Home Loans and World Savings he has extensive experience in all aspects of the foreclosure process. Investors rely on his knowledge and experience to help them identify and capitalize on distressed properties.
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January 28th, 2010 •
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The average Newport Beach apartment rented for $1,902 a month in the last three
months of 2009 – just $400 less than the typical Orange County mortgage payment. Landlords in Newport cut rents by 2.2%, to try to fill the 5.8% vacancy rate.
Countywide the average rent was $1,473. Newport Beach, Irvine, Aliso Viejo, Costa Mesa and Laguna Niguel have average rents higher than that. The cities with the lowest rent were Stanton, La Habra, Anaheim, Buena Park and Santa Ana.