A simple way to think about timing, price, and leverage.
When you are making a move in Newport Beach, CA, the biggest mistake is to focus on one number and ignore the rest. Last month, the median days in RPR was 29, which tells me you still need to be ready to act with purpose.
Timing still carries weight. In Newport Beach, CA, a 29-day typical sale means a good property can move through its early phase before you have much room to think twice.
I would use that pace to set expectations early. If a home is priced close to recent closed results, the strongest response usually comes from buyers who are already prepared, not buyers trying to figure things out on the fly.
Get your criteria in place before you start touring.
Track how quickly well-priced homes attract attention.
Be ready to make a clean decision when the fit is right.
