Author Topic: Cetara Orchard Hills The Groves Shea Homes  (Read 20968 times)

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Offline Compressed-Village

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #15 on: May 25, 2020, 10:27:00 PM »
Most of the wealthy haven%u2019t lost their jobs or wealth.  It%u2019s those retail and fast food workers on the edge of poverty with no savings that are hardest hit.

Granted the wealthy will take advantage of this time to get some deals and build their wealth on the other side.

Not necessarily true.

Depends what kind of people buy $2M homes in Irvine. For instance, many doctors lost significant income due cancellation of elective surgery. A business owner of a car dealership, restaurant, or small hotel would also be hurting. If you were a true 1%er it wouldn%u2019t matter, but are they the typical buyers of $2M tract homes.

Pay cuts, hospital layoffs, small business hurting, overall spending down (business and consumer). Read the news big companies are laying off.

It is not just retail. The next ball to drop is state and local government regarding budget shortfall.

I don't know about others, but myself practicing at least from now to the end of the year with extreme cautions and defense play at all level. There is alot of FOMO (Fear of Missing Out) but in my opinion, there is much more risk of downward pressure here and short gain. Like you mention above. The key phrase I got from J-Powell with the CBS 60 minutes interview "There is no limit to our printing and digitize the dollars" meaning they can continue to buy up and give away. So ask this, will this somehow, someday, save the system when all we do is just taking handout and very little produce and little consumption. Is that sustainable? And the health issues is not going away, if anything it will jump higher / faster.


Offline zubs

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #16 on: May 27, 2020, 11:53:58 AM »
I was not happy with Bernanke showering the economy with money back in 2010.  I thought it was bad policy, but 10 years of crazy growth shows that it worked.  We benefited from the Keynesian printing of USD.

Now we are on the precipice of a new great depression, and the solution is yet again to print money to infinite. 
Some say the great depression would have been less severe if we had printed money to save ourselves, but it was probably not possible because USD was still tied to gold.  Perhaps krugman was right and we should print and spend our way out of this mess.

The future can suck it, we need money now.

Offline irvineboy

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #17 on: June 07, 2020, 07:08:51 PM »
I went to check out the view lots.  The highest elevation is near the street Leafy Pass.  But from the top, the view was not that great.  I think once Palermo and the iPac homes are done, you will just see rooftops.  The viewline seems a bit far out and not that great.  $2.3-2.4 for view lots for 4100-4300 sq ft seems steep to me.  It will be justifiable if the view was higher.  But who knows.

Offline lnc

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #18 on: June 08, 2020, 12:20:35 PM »
Here's the lot map from the city's doc.

Offline leect

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #19 on: June 10, 2020, 04:37:04 AM »
I'm hoping the pricing isn't too crazy. Not that I can afford it lol.

It's in the super rich area side of Orchard hills too.

Offline leect

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #20 on: June 10, 2020, 04:40:03 AM »
Here's the lot map from the city's doc.

Nice! Someone posted this for Padova and it was spot on.

I wonder how you can reserve the lot you want regardless of the phase?

Padova had some nice lots but since they went in phases we couldn't reserve it unless I'm mistaken.

Offline Cares

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #21 on: June 10, 2020, 09:33:54 AM »
Here's the lot map from the city's doc.

Nice! Someone posted this for Padova and it was spot on.

I wonder how you can reserve the lot you want regardless of the phase?

Padova had some nice lots but since they went in phases we couldn't reserve it unless I'm mistaken.

I don't know specifically for this community but many communities have a priority list based on order you registered and were pre-qualified by their lender.

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Offline Dr. CA Real Estate

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #22 on: July 22, 2020, 10:40:51 PM »
Every builder is basically the same, register and prequalify with their preferred lender, when the lot you wanted is released they go down the list calling to see who is  ready to put down the deposit.


I was here today for an early preview. There’s going to be quite a few view lots. Standing at the back of the lots there are decent views. All 3 models were nearing completion. models will be previewed at end of august. Txt me for pics and video
Kris Mendoza
Platinum Realty
CA BRE License # 02085321
ariesmail1@yahoo.com
310-227-1434 cell

Offline Housingbuff

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #23 on: July 23, 2020, 09:04:19 AM »
@Dr ca real estate,
Did they mention what the anticipated starting price was? Thank you.

Offline WTTCHMN

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #24 on: July 24, 2020, 10:59:03 AM »
@Dr ca real estate,
Did they mention what the anticipated starting price was? Thank you.

1.7M's

Offline Dr. CA Real Estate

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #25 on: July 24, 2020, 11:22:26 AM »
@Dr ca real estate,
Did they mention what the anticipated starting price was? Thank you.

1.7M's

That’s an under estimate you get if you call whoever answers the phone at Shea headquarters. It will actually be Closer to 1.8
« Last Edit: August 06, 2020, 06:24:29 PM by Dr. CA Real Estate »
Kris Mendoza
Platinum Realty
CA BRE License # 02085321
ariesmail1@yahoo.com
310-227-1434 cell

Offline Dr. CA Real Estate

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #26 on: August 06, 2020, 07:07:47 PM »
Here's the lot map from the city's doc.

Hard to see on here, but the corner view lot backing Leafy pass is lot 80, and that is the row of view lots. The models are lots 81, 82, 83 above that corner home.

Prequalifications for applications will be accepted starting Sat Aug 8 at 10am through an email link they sent out. If you're interested in a view or large lot, (you can see they don't have large view lots), they only have a few. Given the number of people I have seriously interested, not to mention other brokers and their own clients, it's important for you to be ready to turn in the docs on sat to get high on that priority list.

Also if you're looking to move soon this is not the development for you. Even if you get a phase 1 lot, with typical construction times, you won't close escrow and get your keys for quite some time.
Kris Mendoza
Platinum Realty
CA BRE License # 02085321
ariesmail1@yahoo.com
310-227-1434 cell

Offline Housingbuff

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #27 on: August 06, 2020, 08:16:32 PM »
The interest is that high that they are taking pre-quals before the models are open???!?

Offline lnc

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #28 on: August 07, 2020, 07:21:43 AM »
The interest is that high that they are taking pre-quals before the models are open???!?

Open to pre-qualify few weeks prior to grand opening are pretty much A standard procedure for all builders, they all doing this. 

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Offline lovingit

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #29 on: August 07, 2020, 08:18:02 PM »
Website is live for the Wells Fargo registration.  Thought it was open at 10am on Saturday?

It doesn’t say what docs you need to upload.  It’s just 3 pages of personal information.  Is that typical?

 

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