Newer Irvine listings with crazy WTF asking prices from equity sellers

[usctrojancpa]

That just looks like the owner's "MAKE ME MOVE" price.  Another one fishing for a loaded FCB.

This seller is definitely fishing for a sucker....errrr buyer....
http://www.redfin.com/CA/Irvine/115-Lattice-92603/home/5902661

 

[Irvine_Dreamer]

This seller is definitely fishing for a sucker....errrr buyer....http://www.redfin.com/CA/Irvine/115-Lattice-92603/home/5902661

Wow $610/sq ft!!!
This should be illegal!
I'll sell my SG home right now, if they pay me $610/sq ft.

 

[usctrojancpa]

This seller is definitely fishing for a sucker....errrr buyer....http://www.redfin.com/CA/Irvine/115-Lattice-92603/home/5902661

Wow $610/sq ft!!!
This should be illegal!
I'll sell my SG home right now, if they pay me $610/sq ft.

There will be buyers at The Branches and at Willow Bend that will spend over $600/sf once they are done with upgrades and landscaping. 

 

[iacrenter]

This seller is definitely fishing for a sucker....errrr buyer....http://www.redfin.com/CA/Irvine/115-Lattice-92603/home/5902661

Wow $610/sq ft!!!
This should be illegal!
I'll sell my SG home right now, if they pay me $610/sq ft.

A $1.5M luxry home in the hills and they stage the garage as a living space?!? Ghetto Fabulous  8)

 

[ps99472]

Saw that... It's a grandpa cave

 

[woodburyowner]

I've always wondered about this model and the 4th bedroom.  It's rare that the original buyer upgrades to a bedroom and it's normally left as a loft.  However, agents always list it as a bedroom even though there is an open wall, no door or closet.  Isn't this against some sort MLS rule?

 

[nosuchreality]

Saw that... It's a grandpa cave

Or is it their real furniture.  The rest of the house looks unlived staged.

 

[quattroporte]

Another one. Flipped for $200K more in less than a couple of months.
http://www.redfin.com/CA/Irvine/93-Costa-Brava-92620/home/12255341

 

[JasonTheArtist]

Another one. $200K profit in a couple of months.
http://www.redfin.com/CA/Irvine/93-Costa-Brava-92620/home/12255341

I feel terrible for the previous owners. If they only waited a few months later...

 

[Vinster]

Another one. $200K profit in a couple of months.
http://www.redfin.com/CA/Irvine/93-Costa-Brava-92620/home/12255341

The same realtor sold/is selling the home both times? The buying agent was someone else in the previous sale.

 

[quattroporte]

I wanted to buy this place, but had no chance competing with multiple cash buyers.

 

[JasonTheArtist]

Back to 2006 Prices?
http://www.redfin.com/CA/Irvine/187-Wild-Lilac-92620/home/12253572

 

[quattroporte]

Back to 2006 Prices?
http://www.redfin.com/CA/Irvine/187-Wild-Lilac-92620/home/12253572

Looks like it. For this price I would at least expect granite counter tops with back splash........

 

[homer_simpson]

I definitely think its back to 2006 prices in certain hoods of Irvine. 

 

[cowlemon]

http://www.redfin.com/CA/Irvine/70-Loganberry-92620/home/5958942?src=insider-report

Was sold in Jan for low 900k, and is now listed for 1m.

 

[sgip]

Just as in 2006, it's a "selling to the bigger fool" market. Pretty soon we're going to run out of those buyers. Then what?

 

[woodburyowner]

http://www.redfin.com/CA/Irvine/60-Bamboo-92620/home/5931309

Camelia Plan 2, $939k, pending in 5 days!  Previous model match sale was back in Oct. for $888k.  Prices are ramping up fast!

 

[cowlemon]

Just as in 2006, it's a "selling to the bigger fool" market. Pretty soon we're going to run out of those buyers. Then what?

 

[locolocal]

We'll never run out of buyers.  Before that happens the government will force banks to give million dollar loans to Walmart cashiers.  They just have to promise to pay it back two hundred years from now.

 

[sgip]

Hey, if it's now possible to finance a car payment over 96 months (google it as I'm too lazy to get it done now) this bad banking behavior is going to morph into 60 year mortgages so that Walmartians can now be entitled with a new home.