[IHB] Closed Sales from 3-7-2013 to 3-13-2013

Why aren't new homes included in this list? Is there a (convenient) way to find out about closed new home sales in Irvine?
 
NYT said:
Why aren't new homes included in this list? Is there a (convenient) way to find out about closed new home sales in Irvine?

We pull the list from MLS which usually doesn't have new homes listed on it.  If a builder has difficulty selling their new homes, then they might list the home on MLS.

 
About a year and a half ago when we were searching for our home, we were very interested in the exact same models in this community.  There were a few short sales but even then all of these models were listed and selling over $800K for sure.  So, even I could have told you that it would be worth a lot more than $650K to start.  So... 

Even back then, these models were selling quite well, especially the ones further away from the noisy streets. 
woodburyowner said:
Wow, this flipper made 250k from the sale!
http://www.redfin.com/CA/Irvine/66-Secret-Gdn-92620/home/5931229

I would be really interested in understanding how the investor was able to purchase this property for $650k as a short sale.  Surely the short sale approval agent at the bank who approved the sale should be fired for letting the property go so low!
 
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