Magnolia at Cypress Village

[test]

Another Montecito Plan 1 hit the market.

Montecito Plan 1: 3 Bed, 2.5 Bath, 2,156 sqft, $981,888
Magnolia Plan 1:  3 Bed, 2.5 Bath, 2,196 sqft, $849,900
http://www.redfin.com/CA/Irvine/34-Marblehead-92620/home/28931919

TIC still underpriced by over $100K! 

 

[test]

Plan 1 on redfin
http://www.redfin.com/CA/Irvine/58-PURPLE-JASMINE-92620/unit-69/home/52270553

 

[irvinehomeowner]

Plan 1 on redfin
http://www.redfin.com/CA/Irvine/58-PURPLE-JASMINE-92620/unit-69/home/52270553

Does that mean sales are slowing down? Is Pavilion Park affecting CV sales?

 

[test]

Plan 1 on redfin
http://www.redfin.com/CA/Irvine/58-PURPLE-JASMINE-92620/unit-69/home/52270553

Does that mean sales are slowing down? Is Pavilion Park affecting CV sales?

This one's a cancellation from phase 6.  Guess no one wants it since you can no longer customize.

 

[woshi]

Hi everyone... noob here.

Phase 12 Pricing

Plan 1: $858,073 - $912,107 ... two of the three P1's available include the optional downstairs BR4/BA3.
Plan 2: $938,638 - $952,593
Plan 3: $1,037,548 - $1,053,000

All marked as "including designer selected options"

 

[Chairman]

Hi everyone... noob here.

Phase 12 Pricing

Plan 1: $858,073 - $912,107 ... two of the three P1's available include the optional downstairs BR4/BA3.
Plan 2: $938,638 - $952,593
Plan 3: $1,037,548 - $1,053,000

All marked as "including designer selected options"

First they will include structural options... next it will be design credits... do you think we will actually see price cuts? They still have quite a few homes to go...

 

[test]

Hi everyone... noob here.

Phase 12 Pricing

Plan 1: $858,073 - $912,107 ... two of the three P1's available include the optional downstairs BR4/BA3.
Plan 2: $938,638 - $952,593
Plan 3: $1,037,548 - $1,053,000

All marked as "including designer selected options"

First they will include structural options... next it will be design credits... do you think we will actually see price cuts? They still have quite a few homes to go...

I'm surprised they lasted all the way through December with no price cuts.  I heard they are stopping all phase releases until next year, probably for the spring selling season.  Phase 12 is the last homes available in Magnolia 1, minus the models and build out.  Magnolia 2 infrastructure is still under construction, could be another reason they're stopping until next year.

 

[Chairman]

Next year spring? Wow...

 

[bones]

/

 

[Chairman]

Just home builder games. No place is immune... I heard on the radio that home sales are slowing due to higher mortgage rates. I need rates to go down!

 

[test]

Plan 2 on redfin, from phase 7
http://www.redfin.com/CA/Irvine/72-PURPLE-JASMINE-92602/home/52330085

 

[Chairman]

Don't even have a price on that listing... weak!

University High is the school for CV dwellers?

 

[woshi]

Don't even have a price on that listing... weak!

University High is the school for CV dwellers?

It shows $939,477 for me. Uni High is an estimate based on location (Redfin can't find Purple Jasmine so it plots onto Purple Sage in Turtle Rock). CV should go to Irvine High, I think.

 

[Chairman]

Yeah, Irvine High sounds right. Redfin is shady...

 

[test]

plan 1 flip
http://www.redfin.com/CA/Irvine/60-Gardenhouse-Way-92620/home/52530544

 

[jerometl]

plan 1 flip
http://www.redfin.com/CA/Irvine/60-Gardenhouse-Way-92620/home/52530544

Is the property history accurate?  Bought for $1.07M last Dec and only asking $879k for a $200k+ loss?

 

[Leano]

plan 1 flip
http://www.redfin.com/CA/Irvine/60-Gardenhouse-Way-92620/home/52530544

This doesn't make any sense. Sold for more than $1million then now they are selling for only $867k? Must be desperate to sell, but why?

 

[lnc]

plan 1 flip
http://www.redfin.com/CA/Irvine/60-Gardenhouse-Way-92620/home/52530544

This doesn't make any sense. Sold for more than $1million then now they are selling for only $867k? Must be desperate to sell, but why?

The sold record of $1 million is a mistake.  This is a plan 1 purchased in very early phases.  With very limited upgrades, this one probably sold originally at less than it's current asking price.

 

[YellowFever]

.

 

[homer_simpson]

I think that home was bought for like $780k and then leased?