We're always looking to share with you new opportunities presented by short sales.  In Laguna Beach, California, short sales are creating tremendous opportunities for anyone looking for a home with an ocean view.  Consider this recent headline from the Orange County Register: "Laguna Beach Short Sale Has Ocean View."  Listed at $748,000, the 2 bedroom, 2 bathroom home features wood flooring, a remodeled master suite and bath, and a panoramic view of the ocean.  Five years ago, a home like this would have cost several hundred thousand dollars more.

According to the Register, this home is one of many likely to hit the market in the near future.  Says Register real estate blogger Kelli Hart, "You’ll start to notice a few more Laguna Beach short sales creeping up on real estate market websites for two reasons: 1. They’re new listings and 2. They’re dropping in price."

In previous articles, we've shared why we believe home prices will continue to drop.  Now we're beginning to see the impact of falling home prices on high value properties.

If you're looking to upgrade your view or if you're considering the purchase of investment property to generate rental income, now is an excellent time to look in the direction of short sales.  Not sure where or how to begin?  Mark, Whitney, or Blake at Fitzpatrick and Prince Real Estate, ShortSaleABC.com's partner company, can help you out.  If you're looking to sell your home with a view, they can help you out as well!  Give them a call at (800) 829 5158.