Recent Posts

Pages: 1 [2] 3 4 ... 10
11
For me personally, higher interest rate is less of a deterring factor than higher home prices.

I rather buy a home at 10% interest rate but with a 50% lower home prices than other way around. 

13
Staying on the topic, 5 % rate I think will make people continue to buy, because the one that looking to buy now or in the near future, they buy with personal reasons. Perhaps they’ve been renting and decided that it’s time to have a place of their own. And rate will continue to march upward and it will cost even more. That’s why 3 and 4 story makes sense to them because you get more squares footage, vertical living and have a smaller mortgage.
14
In 2012, I remember someone said the slogan was “always bet on Irvine.”

Its 2018, I believe the slogan has become “always bet on FCBs.”

Buy and live where FCBs live. It is my professional opinion that a good majority of FCBs are immune to recession. This is because their businesses outside of China are unscrupulous enough to keep their stucco boxes here afloat.

Thus, don’t need to worry about buyers not being able to qualify for your neighbor’s home which results in stagnating your Home appreciation.

Is that why you continued to have the words spreads for veteran cemetery to be built at the Great Park original location so that it will shied away FCB from purchasing GP neighborhoods for your own protections?

At the end of of the day, the determined location is spoken for.
15
In 2012, I remember someone said the slogan was “always bet on Irvine.”

Its 2018, I believe the slogan has become “always bet on FCBs.”

Buy and live where FCBs live. It is my professional opinion that a good majority of FCBs are immune to recession. This is because their businesses outside of China are unscrupulous enough to keep their stucco boxes here afloat.

Thus, don’t need to worry about buyers not being able to qualify for your neighbor’s home which results in stagnating your Home appreciation.

16
Education / Ban Doctors And Nurses - 3rd Largest Killers in America
« Last post by StarmanMBA on Today at 03:24:42 PM »
Annual Deaths             Cause

614,348                           Heart disease
591,599                           Cancer
251,454                           Medical error
147,101                           Respiratory disease

Source:  Johns Hopkins University, www.washingtonpost.com May 3, 2016

So doctors and nurses are killing over a quarter million Americans each year, far outpacing those nasty *assault rifles* which so many children and Leftist parents fear and hate. 

Ban doctors and nurses.   That makes about as much sense as the caterwauling against guns.

Note that PETA members have killed and wounded more people than NRA members.
17
Owner's Issues / Re: Need advice on landscape issues
« Last post by irvine buyer on Today at 03:12:25 PM »
Depends on what your budget is.  I say this because the concerns you mention are valid concerns; but once you bid out the work you may decide to compromise on the scope of work.

Heavy clay soil should be amended.  If your soil is that bad, you should get a soil test so that you know the proper mix of amendment to use.  It gets expensive if you amend all the soil in the areas you plan to plant in; but it is the ideal scenario.  If you go that route, I would amend one foot down.  2" is a waste of time and money.  Most people tend to dig a bigger hole and amend the soil that fills back up that hole as the cost is far less.  That will limit the growth of certain plants; but not so much on plants that have a small root ball.

As for quality of work, I would look at references from neighbors whom you feel have had high quality landscape installations completed.  Alternatively, you can hire a landscape architect to design your landscaping and this person can help bid out and select a reputable contractor to do the work.  If you plan to spend $100K or more on your landscaping this is definately the route to go.  It makes it easy to get an apples to apples price comparison amongst contractors.  Otherwise, each contractor is bidding out their own design and it's apples to oranges.

There have been contractors recommended on this forum that might be another place to look.  However, I would still look for recent references as some contractors have taken on so much work lately that it has affected their ability to do a quality job in a timely manner.  It sounds like you are looking for a high quality installation, which won't be cheap.  The contractors that compete on price are never the ones that do high quality work.


18
Let's talk about the effect of 5%+ rates when we actually get them again.  For now, the 10-year bond can't even get above 3%.  We'll been at a range of 3.50% to 4.50% 30-year rates for a LONGGGGGGGG time.
19
Rise or fall in rates never equal to proportionate change in prices.

Not sure why people continue to think that.
20
Irvine Real Estate / Re: 3 Car Garages
« Last post by USCTrojanCPA on Today at 02:14:38 PM »
Yes I remembered in 2006 I warned that the 3CWG will be extinct. Next would be the driveway, then your yard and I was a lunatic for mentioning 3 stories. 12 years later and here we are. Unless the city sets up more stringent code homes will continue to mutate. City codes only enforced required parking and garage size but assumed that all homes having a yard and driveway were automatic default so there were no mentioning of homes must having them.

City of Irvine has the least restrictive rules than other cities. It is the easiest to get projects approved compared to the Bay Area. Because of the lengthy governmental processsing in the Bay Area the cost the overhead is reflected in higher home prices than Irvine.

Irvine also have limited governing over the design of homes. It’s primary function is to enforce safety compliance. The aesthetic and floor planning are enforced by the developers. No other cities in the nation have this type of set up thus allowing the developers the freedom to “innovate”.

There are pros and cons to this city and developer partnership. Exploration could improve design quality but at the same time could diminish open space. Density forced homes to be more packed in but increases property value citywide.

In understanding the loopholes of the city code predictions are extremely accurate.

We even got 4 level condos...something I never thought we'd get years ago.
Pages: 1 [2] 3 4 ... 10

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Related Links

Recent Posts