[quote author="graceomalley"]Other than Irvine you have really no clue of other projects happening outside of this city. Tremont was sold out in 4 months in FV with home prices averaging $1.4 million. Lotus Walk has a long list of interested buyers before the project is being released.
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Uh... I do go to new builders in South County and have watched how long it took for that Santa Ana project off the 5 to finally sell through. The Anaheim Lofts and the Santa Ana Lofts were other interesting projects to follow but don't really compare as there are not SFR projects.
I've also looked at Tremont (I was on that thread on the IHB) and in your effort to prove your superiority over me, you forget the pertinent points of information. "Averaging $1.4 mil" is hyperbole, their plans started at $900k and topped out at just below $1.1m... and the price per square foot averages LESS than $300/sft. Those homes are also 3000-4000sft and there are NO Mello Roos and NO HOA. The new Woodbury offerings are MORE than $325/sft and range from 2000-2900sft and there are MRs AND HOAs. So that goes back to my original statement:
"...having this many buyers in this downturn
at these prices is ridiculous."
If Tremont were those prices but only 2000-2800sft homes and had
MRs and HOAs... you would have point... unfortunately your example becomes less effective when we get passed the exaggerations.
How can you really be qualified to make assessment when you do not have little universal knowledge of housing projects that are happening in other OC cities? These are just 2 examples. When you do not read them in the paper it does not mean they do not exist. You got to stop reading the freebies in your mail box and door steps. Do you read the paper? or just the internet corporate censored editorials.
Who cares if I'm qualified or not? It's my opinion. You probably don't know anything about how to design software yet I would be interested to know what you think about proper user interfaces. And I do read the paper, probably more than most... I may be the only one who still subscribes to the OC Register in my neighborhood.
FCBs comes in cycle pending on the China economy and it is not sustainable. Guess what happen to RE when Chinese found other destinations. Have you heard of Hacienda Heights, Walnut's Amar Road, Monterey Hills, and Montebello Racquet Mountain and what happen to their RE prices when wealthy Chinese decided to move away in grove like the way they abandoned Chinatown, Monterey Park, Alhambra, temple City and migrated eastward to Arcadia, Rowland Heights, Diamond Bar and Chino Hills.
This residency cycle from my research last only___ years before they will migrate to other cities. I expanded the Chinese community in Irvine and I do still hold the secret. Here is another trivia for you: I lived in Diamond Bar in 1980 way before the Chinese migration. The key is buy low predicting the Chinese migratory direction then sell high. I was already in Irvine by the mid 80's.
I wont post the juicy info here.
Other home companies don't have large PR department lying through their teeth and robbing your yard size to pay for the TV commercials and indoctrinating lifestyle.
See... now when you refrain from trying to analyze my "worthiness" you come up with gold like this. This is the stuff that makes you legendary.
You have sheeple mentality and easily get tricked by the media. Theses signs are indication that you are not really a leader but a follower by letting a corporation dictates how you should live your life, which big box retails you should shop at, which business park you should work at, Which pocket parks you should go play at, what color you must paint your house, door, and shutters, you must BBQ in a California Room, you must learn to like Olive and Pepper trees, you must accept a motor court as your front door, you must smell what your neighbor ate last night, you must close your windows and shut up when you bang your spouse, you must keep an eye out for those trying to convert California Room to interior space, you must pay this fee, you must not park here, you must not store things in the garage, you must notify the committee before holding a large party, and you must follow more rules.
If you actually believe this about me, then you really do not know me. I doubt even your favorite buddy graph thinks this about me.
The good thing is you do not have to wear a Mao pin but I do pity your institutional and Stepford way of life. For someone who has a leadership voice in this forum you are really just another sheep getting step on by the corporate developers.
That's your opinion. I think you are reading my posts incorrectly. I don't like how TIC has priced these projects, I still think they are way too high for what you get and while I understand people want to buy them... I personally wouldn't. And that is what my post was about... I am amazed at how high the interest is.
Instead of getting caught up in critiquing my "leadership" (which makes me laugh because I don't consider any one of us more than the other) you should get back to just letting us know where this sheeple mentality comes from (which you did very well although as a way to try to insult me).
The middle part of your post is a gem... everything else that you're trying to misdirect to me is unnecessary. Stop trying to make up for lost fights and stick to the subject... because that's where you excel.
You're wasting your time trying to analyze me... I'm nothing compared to you... just a home owner in Irvine.
EDIT: Typos.