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I am looking at buying a single family home in Irvine that can be rented out for few years and then we can upgrade it before moving in, when we are ready to downsize. https://www.redfin.com/CA/Irvine/5-Cipriani-92606/home/4626422 Above home somehow matches our needs, but I am not sure if it is...

Actually there were many homeowners who sold their QH homes for good tax-free profit to buy in HC in hope of another home run, including popular local realtor. Time will tell if they made a correct move or not. Vicara is a great neighborhood with most of ~100 homes having good view and privacy...

We looked at Stafford over the weekend and the models were nice. We liked the plan 2 and are going to buy it, hopefully in first couple of phases. The home sites were ~5250 sq. ft and up for first phase and all models have 10' ceiling on the main floor. The prices are little higher than what we...

We are moving from Irvine to Tustin and buying in Stafford neighborhood. I am looking for opinions on Stafford plan 2 vs. 3. Plan 2 has a larger bonus room and balcony is in common area vs. plan 3 that has a smaller bonus room and balcony is inside MBR. Plan 3 has a dedicated office vs. plan...

I thought 121 Bottlebrush was poorly marketed. May 27, 2011  Sold (MLS) (Closed)  $1,150,000  --  Inactive SoCalMLS #S654108  Apr 25, 2011 Pending (Backup Offers Accepted) -- -- Inactive SoCalMLS #S654108 Apr 04, 2011 Listed (Active) $1,370,000 -- Inactive SoCalMLS #S654108...

Another example of haircut in Turtle Ridge... http://www.redfin.com/CA/Irvine/27-Reserve-92603/home/5927831 Bought at $4.5m, listed at $2.9m (standard sale) --- This would be a real comp killer for the other houses in the neighborhood.

My WTF award goes to......... http://www.redfin.com/CA/Irvine/23-Sovente-92606/home/4629800 Do you think Westpark II will ever see this kind of prices in next 10 years?

If the RE market is same in 2011 if compared to 2010, then your statement is correct. I would say 31 reserve is much better than 59 grandview and better than 25 Cobalt Sky (closed for $3.6m last year and it has inferior view/lot size compared to 31 Reserve). But there is some competition: 28...

Thanks.. I read IHB everyday to keep me grounded  :D

Thanks for your thorough analysis and congratulations on your purchase... I was following the very same houses you have listed in your example and had toured a few of them. I believe there may be some strength in the market now due to spring season and limited inventory, but I am sure there will...

My daughter is already going to Uni High... She along with her three friends who applied for Uni High, all got accepted. It is not that hard if you live in Irvine, IMO... I heard there are so many kids living in 92603 and wanting to go to Woodbridge due to easy, non-competitive environment or...

I agree with you on rising interest rates..  I expect at least 100bp rise in interest rates within next two years, but should that not lower the price a bit due to higher payments? (not including cash buyers) Even on a same payment, I will borrow less in higher interest rate scenario...

Thanks... Actually those 3 (or 2.75 ??) car garages collect more junk than we need... I bet I can remove 1/3 of the contents in our garage and family won't notice anything :) :) The other thing I constantly hear from residents of Vicara (I know some) and realtors is that - all these new doctors...

I have been thinking about moving from Westpark II to Quail Hill/Turtle Ridge area... Basically, I am trying to see if we can move to ~3500 sq ft home from our current ~2500 sq ft. home by borrowing additional ~$500K in loans (including real estate transaction fees).  Looking for homes around...