Recent content by IrvineBug22

So I wanted to see what everyone's opinion is.  Last down turn was 30-40% (worst ever) , the down turn before that peaked at 10% drop what do people think that this next down turn will be?

Where do you get that from the article?  It state homes are at a high but new home sales are up 16% as well so that doesn't mean they are running out of buyers willing to pay it would actually mean the opposite.

So much for over priced.... dropped to $900k and now has an offer and in backup status.  This house is one of my neighbors (never spoke to them).  Also this house didn't go on the market right after escrow.  It would be interesting to find out the story but I had spoken to someone a block or so...

USC what is Irvine at currently for months of inventory?

You are correct but I am not deaf or hearing impaired..... Do people have their hearing aid turned all the way up? a cup to their ear trying to hear? Did they hear a faint beat of the music in Woodbury? probably but once again overreaction

I live in Parasol and got home around 9:30-9:45 and noticed no extra traffic and couldn't hear anything inside my house (and I have the windows open) maybe a little in the garage when I parked but nothing bad.  This is a whole lot of overreaction. 

HAHA and this one finally changed its photo since the old main photo wasn't even of the property!!!

$550k-$650k yes for 2 bedroom tiny condo  anything that is 3 bedrooms is over $725k and RMV is a hard sell because it is SOOOO far out there (South and East).  The reality is small tiny home for lower $ or apples to apples a little cheaper but a lot farther away from everything else.

OK technicaly not cash but an F$ buyer

So that is a yes on the FC?

Why so much cheaper than the current base?  I mean $890 plus upgrades and completed patio and you went with $850.

USC... Oh you mean pop up. I thought you meant pop and drop. The current 3bd 1800-2000sft condo/townhouse are currently at the $800k mark where you you see a peak? I can't see more than $950k but many people tell me they see a peak for that demographic in the $1.1

USC this seams like the direct opposite of a pop. 1. If shadow inventory is gone (no new homes) then the inventory goes down and price goes up.  2.  If a new home is a fall back and there are not any then that same buyer will need to up the price to get the home.  Also why do you think people...

Obviously there is no way this passes as is but the thought of an $7k-$10k increase in taxes for the upper middle hard working class is crazy

How do you figure thats the only way you get screwed? They are getting rid of the exemptions aswell so a family of 4 is about $16k and a family of 3 is $12k So a family of 4 used to get a deduction of $16k lets say property tax and state tax was another $18k plus lets say $24k in mortgage...