Irvine real estate - 5 Year projection

[Ready2Downsize]

You can delay but can't repeal the business cycle and recessions are part of that.

But..... recessions don't necessarily mean houses go down or even don't go up. They continued to rise even with the recession of early 2000s when stocks were in an extended bear market.

Feel free to commit me to the funny farm if I ever have my closet look like this house and throw away the key if I manage to list my house with a pix of it:
http://www.zillow.com/homedetails/18961-Racine-Dr-Irvine-CA-92603/25499986_zpid/(pix 25 of 29)

 

[OC troll]

You can delay but can't repeal the business cycle and recessions are part of that.

But..... recessions don't necessarily mean houses go down or even don't go up. They continued to rise even with the recession of early 2000s when stocks were in an extended bear market.

Feel free to commit me to the funny farm if I ever have my closet look like this house and throw away the key if I manage to list my house with a pix of it:
http://www.zillow.com/homedetails/18961-Racine-Dr-Irvine-CA-92603/25499986_zpid/(pix 25 of 29)

smh...three letters to describe F C B.

 

[YellowFever]

.

 

[zubs]

So in 2021 we'll come back to this thread and we'll see who's right.

 

[itspid]

High-tech companies in Orange County scored more than $140 million in venture capital funding in the fourth quarter of 2015, according to numbers released Thursday by the Irvine office of real estate brokerage Jones Lang LaSalle.

The total was a 39% increase from the same period in 2014 and brought the total for all of 2015 to $609 million, a year-over-year gain of 94%.

Much of the funding was concentrated in the John Wayne Airport area and south Orange County, the research shows.

 

[acf]

That's a good stat to consider.

With that said, I'm interested in getting a home in Eastwood and I'm still not certain it's a good time to buy.