Monday, November 9, 2009

Property Values Don't Lie!



Politicians do LIE.....Like the Agranistas who duped South County denizens into delusional paranoia that their property values would somehow tank if El Toro International Airport had civilians take over operations. Never mind that commercial jets are far quieter than military aircraft and there is a huge buffer zone. The Agranistas had to spread lies, hate, class warfare and fear into tricking voters to handing over El Toro with no checks and balances and no oversight. It is all about Larry Agran's personal gravy train of no bid contracts and no accountability.

The facts are Newport Beach HAS the highest property values and has an active airport nearby, and they keep going up! We lead the county with 92662 zip code with a median property value of over $2.7 million. Plus 92661 has seen better than a 78% increase in values in one years time.

In contrast, most of South County is not even within 5 miles of an inactive airport and they have not seen a rise anywhere near comparable to Newport Beach. That has really got to burn up the RINOs and Socialists who wanted to tear down Newport Beach in order for them to have parity with us. That obviously did not happen and now they hate us more than ever.

The way to get ahead financially is not to hate and look to redistribute the wealth, but to take advantage of economic engines like El Toro International Airport. It is a $10 billion federal asset siting idle. Put it to use and demand for housing will explode and raise property values. Don't be a hater, be a wealth creator.

Here are the median property values of the Newport Beach area:


Town____ ZIP____ Price____ One Year Change %.

Corona del Mar 92625 $1,470,000 -1.0%
Newport Beach 92660 $930,000 -24.1%
Newport Beach 92661 $1,695,000 +78.4% (biggest gainer)
Newport Beach 92662 $2,753,500 +69.4%(highest values)
Newport Beach 92663 $790,000 -19.0%
Newport Coast 92657 $1,725,000 +25.5%


South County:

Town______ ZIP______ Price______ One Year Change %
Aliso Viejo 92656 $370,000 -8.6%
Dana Point 92624 $619,000 -35.9% (biggest loser)
Dana Point 92629 $562,500 -24.6%
Foothill Ranch 92610 $410,000 +5.8%
Irvine 92602 $775,000 +16.0%
Irvine 92603 $739,000 +4.8%
Irvine 92604 $515,000 -2.1%
Irvine 92606 $589,000 +30.9%
Irvine 92612 $497,500 -13.5%
Irvine 92614 $395,000 -13.2%
Irvine 92618 $648,000 +21.1%
Irvine 92620 $532,000 -18.8%
Ladera Ranch 92694 $458,000 -17.1%
Laguna Beach 92651 $1,300,000 -1.9%
Laguna Hills 92653 $425,000 +2.4%
Laguna Niguel 92677 $515,000 -5.2%
Laguna Woods 92637 $182,500 -24.0%(Lowest Values)
Lake Forest 92630 $425,000 +22.3%
Mission Viejo 92691 $447,000 -6.9%
Mission Viejo 92692 $475,000 +3.3%
Ran.S. Margarita 92688 $340,000 -24.1%
San Clemente 92672 $607,750 +25.2%
San Clemente 92673 $670,000 -6.8%
San Juan Capo 92675 $466,500 +38.2%
Trabuco/Coto 92679 $687,500 +7.4%

Total O.C. $432,000 +2.9%