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11
Irvine Real Estate / Re: New Home Builder Broker Co-op Thread
« Last post by Leaf on Yesterday at 03:05:48 PM »
True. But why don't they do that?
If builders offered lower prices instead of higher broker co-ops, they would probably sell these faster.
12
Water Cooler / Re: Government Shutdown
« Last post by fortune11 on Yesterday at 02:54:15 PM »
So does this mean the country can run fine without government? :)

Give it a few weeks.

Mulvaney is “hacking “ it to keep the patchwork going as far as he can  but it is costing .1 percent of gdp per week in just base effects , without even accounting for the multiplier .

Like I said , stocks will start to notice if this extends into Feb
13
Water Cooler / Re: Government Shutdown
« Last post by Irvinecommuter on Yesterday at 02:52:36 PM »
I am curious whether Trumpsters supporters would stop their support and agree to impeach Trump if the Cohen report is accurate. 
14
O.C. Real Estate / Re: 2008 Closed - 2019 List property.
« Last post by meccos12 on Yesterday at 02:47:00 PM »
I should think that someone who bought that house in 2008 had plenty of other money and put some of it in stocks as well.

Might not even be a primary residence...….. you never know.

They most likely had money in the market too, however they could have had 2 million more.

Furthermore, its actually worse if this was not a primary residence.  Like SGIP said, you can justify paying money to live somewhere, but if this was an investment home, then you should have expected some return.  This would be no different than putting a crap load of money in the market and not seeing it return anything for 10 years.  Not to mention they probably dumped thousands more for upkeep that we are not even considering. 
15
Irvine Real Estate / Re: New Home Builder Broker Co-op Thread
« Last post by meccos12 on Yesterday at 02:43:02 PM »
Here are the broker co-op amounts for The Reserve @ Orchard Hills...

Vivo - $16,500
Como - $21,000
Terra - $24,000

Swung buy the original 5 models today and have updated broker co-ops...things are definitely slowing down thereby doubling the co-op amounts.

Vivo - $33,000
Verdi - $37,000
Lago - $38,000
Como - $45,000
Terra - $50,000

If you want to buy, time to PM USCTrojan and get busy. All have plenty of inventory to choose from and Martin may be able to get some price cuts from IP!

Also am posting the current price sheets and site layouts to other OH3 threads - note that there are no view lots available for Vivo, Como and Terra.

If builders offered lower prices instead of higher broker co-ops, they would probably sell these faster.
16
Water Cooler / Re: Government Shutdown
« Last post by Irvinecommuter on Yesterday at 02:33:24 PM »
So does this mean the country can run fine without government? :)

Give it a few weeks.
17
Water Cooler / Re: Government Shutdown
« Last post by irvinehomeowner on Yesterday at 02:04:26 PM »
So does this mean the country can run fine without government? :)
18
Irvine Real Estate / Re: Orchard Hills Neighborhood 3
« Last post by DrTravel on Yesterday at 01:57:42 PM »
Here are the latest price sheets and site availability for Como and Vivo.

Vivo has sold 15 out of 25 lots - not really selling as well as previous iterations of this project.
Como has sold 16 out of 22 lots - looks like their view premium is about $175K!

Let's check in with Vivo activity over the past year.

They have sold 59 out of 75 lots. In the past year they released 50 home sites and sold 44. Considering how much standing inventory they have, got to believe most of this activity tool place during the first six months on 2018.

Resident 3 prices have increased $120K during the past year. Note that home sites 123, 124 and 129 are all view lots so it looks like IP has a view premium of $170K.
19
Irvine Real Estate / Re: Orchard Hills Neighborhood 3
« Last post by DrTravel on Yesterday at 01:44:49 PM »
Here are the latest price sheets and site availability for Como and Terra.

Como has sold 30 out of 35 home sites. At the end of January they had sold 17 out of 22 so in 4 1/2 months they have sold 13 units. Prices have increased $60K for Plan 1 and $80K for Plan 2 since late January.

Terra has sold 32 out of 45 home sites. Exterior lots selling very well (they all have views of something) but interior lot sales sucking big time. Makes sense to me! Exterior lot premium seems to be $225K for Plan 1 (Lots 16 vs 47) and $150K for Plan 2 (Lots 15 vs 48) and #250K for Plan 3 (Lots 14 vs 55). Lot 14 sold for $1.972 mil. Next phase these should break $2 mil. Prices have increased about $130K since grand opening (about $85K since the end of February, 2018).

Let's see how things have change for Como and Terra since June 12, 2018 - still seven months ago.

Como has sold 49 out of 65 home sites. Since June they have released 30 home sites and sold 19 but 14 of these were view lots and only 5 were non-view lots including 4 that were listed in June and are still available. Again views rule! They are releasing another extension of Como later expect views to sell, the others lots no so much. Good thing BTB bought a view lot - he certainly spent a lot of energy pumping them!

Terra has sold 52 out of 60 home sites. Since June they have released 15 home sites and sold 18 - 10 of them view lots. 2 homes listed in June are still available. Again prices are stagnate.
20
Irvine Real Estate / Re: Orchard Hills Neighborhood 3
« Last post by DrTravel on Yesterday at 01:22:22 PM »
Here are the latest price sheets and site availability for Verdi and Lago.

Lago has sold 28 out of 36 home sites. Prices have increased $75K for Plan 1 and $125K for Plan 2 since the grand opening. Just so-so sales thus far. Isn't this the plan they are building at Barcelona at Olivos Village?

Verdi has sold 15 out of 28 home sites. 9 out of the available 13 are Plan 1 - obviously not desired by the buying public. Prices have increased $55K for Plan 1 and $65K for Plan 2 since the grand opening. Weak showing overall.

Let's see how things have change for Verdi and Lago since June, 12, 2018 - that's seven months.

Lago has now sold 38 out of 52 home sites. They have released 16 home sites but only sold 10 - 4 homes that were listed on the June 2018 price sheet are still there. Prices haven't changed except the add-ons for pre-plotted designer stuff.

Verdi has now sold 32 out of 46 home sites. They have released 18 home site and sold 17 - 2 homes that were listed on the June 2018 price sheet are still there. Stagnate pricing.
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