Recent content by shahshah

"Those folks that are relocating to Irvine from the more dense areas you'll see people wanting lofts, office/dens, and/or extra bedrooms so they can work from home more comfortably." Based on what you said USC do you think this may push up demand for 4bd homes less than 1.25m which were not...

There is nothing reasonable in this range forgetting the properties that back to the main road (which are fine but not for me). Maybe 3 years ago this would have been better but now this range for a SFR is out in Irvine. Even friends looking under 1.2 for a 4bd are really struggling to find any...

what bottom, if anything the quarter before was slow but it was also traditionally slow. old neighborhoods have blown up this quarter. there is very little inventory in places like woodbridge, westpark, ranch, deerfield that doesn't back to a main street. even those comes have been setting records.

Here is another great example of where the market is for 3bds. WB on fire. https://www.redfin.com/CA/Irvine/1-Ironwood-92604/home/4689194

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If you have a driveway that leads to a garage that is your own and not shared but is not long enough to park more than a motorcycle does that qualify as a drive way?

Regarding where we are with housing I think this NY times article does an excellent job. https://www.nytimes.com/2019/02/19/business/economy/housing-recession.html

I'm seeing mostly 850k-1100k+ home on the market at present on Redfin for 3bd and 4bd SFR detached resale market not backing to a main road or less than 4000 sqft lot size. Of course outliners in the east part of El camino. That does not seem like any kind of drop off to me?

Is this really what is going on? https://www.zillow.com/irvine-ca/home-values/

Whole alot of blah blah blah and no back up. At least "from what I've seen".

this is a poor example. look deeper. i have a friend with three SFR in woodbridge purchased purchase after that in 2016, 2017 and 2017. all of the have appreciated quite well.

Martin you mentioned 4 bedroom SFR in older communities as a preferred investment but what about 3 bedroom?

Alot of your comments are points are great. You do a nice job of bringing people back to the numbers an reality. Irvine is awesome, but nothing is perfect. I definitely thinking would be nice to see listing breakdown with say houses 1.5million and lower and those above. Keep up the great posting!!

Also remember that the chinese are not the only buyers. there are buyers from other countries and other states in the US. Also if I was a chinese national and owned a house in Irvine and then started having trouble getting money or as quickly as before the last thing I would do is sell the...

even if salaries fall. rates that have been locked in are so low by historical standards. and why would investors sell there properties, would they look to buy more?