irvinebullhousing
Well-known member
Burn That Belly said:
A bit pushy and personal in my opinion. Doesn't mater if its over price, as long as you can see yourself in there for several years then it all that matters.
Delano at Eastwood
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A bit pushy and personal in my opinion. Doesn't mater if its over price, as long as you can see yourself in there for several years then it all that matters.
My, my.. people still talkin' 'bout Delano.
This surely is one heck of a development TIC/Brookfield has produced.
As far as RE price stumble, I thought it was happening in May, June, and the most part of July, but things kinda picked up. Homes were going pending here and there just like it used to last year. But as a whole in this country including Irvine, many are sensing a bit of slowing down. This does not mean RE will crash. Since everything is more "stable and safe" than the last crash era, I don't think the prices will go down drastically immediately. Even from the last crash which happened in 2008, I think the lowest price point was at around 2011. So even if RE bubble bursts right now, it might take some time to see the real price drop.
Of course this is just a humble opinion. When something happens, it always happens in a way nobody ever thought of. Historical data is not always something to depend on.
This surely is one heck of a development TIC/Brookfield has produced.
As far as RE price stumble, I thought it was happening in May, June, and the most part of July, but things kinda picked up. Homes were going pending here and there just like it used to last year. But as a whole in this country including Irvine, many are sensing a bit of slowing down. This does not mean RE will crash. Since everything is more "stable and safe" than the last crash era, I don't think the prices will go down drastically immediately. Even from the last crash which happened in 2008, I think the lowest price point was at around 2011. So even if RE bubble bursts right now, it might take some time to see the real price drop.
Of course this is just a humble opinion. When something happens, it always happens in a way nobody ever thought of. Historical data is not always something to depend on.
irvinebullhousing
Well-known member
eyephone said:
Sarcasm on my end. Yes, I know the pusher still pushing.
One of Delano model homes is now for sales.
Plan 1 at $918k.https://www.redfin.com/CA/Irvine/52-Parkwood-92602/home/148525516
Edit: Due to inaccuracy I provided, I have changed the content of the post. I think the plan1 is still the model home for sale.
Plan 1 at $918k.https://www.redfin.com/CA/Irvine/52-Parkwood-92602/home/148525516
Edit: Due to inaccuracy I provided, I have changed the content of the post. I think the plan1 is still the model home for sale.
ThirtySomethingWEquity
Active member
OCLuvr said:
Maybe for a birthing hotel but how is being across from a trailer park an 'amazing location'?
I cringe as I sometimes past eastwood on my commute home when I see how one side of Irvine blvd looks run down and a bit sad while the other is trying to be glitzed up... it's just weird.
Sometimes I take the back way (portola) for a better view...
OCLuvr said:
You got that right.
This must the biggest success TIC/Brookfield ever had.
Look at the price. The flat unit above garages for $900k+? Ok, this may be the model home, but the regular price for that unit was about $850k and the other townhomes were above $1m. Those who bought at phase 1 in Summer 2017 are easily enjoying $200k appreciation made in 2 years.
Someone might argue how poorly located EW is since it is across from The Grove, the senior community which I don't think is bad at all BTW. But this kind of appreciation is hardly seen even in Irvine.
Just stating facts here. I didn't buy Delano nor EW nor even know anyone who lives there so I'm not biased.
akkord said:
Yes, I've posted one Delano resale on this thread and it went sold FAST.
Remember, this tract is less than 2 years old, though already sold out, so there are less resales, but those that went are sold real quick. Again, stating facts only. It does not mean I agree with those prices.
Added: To point out what's going on currently, here you go.https://www.redfin.com/city/9361/CA...iewport=33.71489:33.7063:-117.74737:-117.7557
Yeah, 'nuff said.