Author Topic: Helena/Delano, Eastwood Village, are the best Irvine investment bets  (Read 4472 times)

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Offline USCTrojanCPA

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #30 on: September 07, 2021, 10:07:03 PM »
Rumor this has an offer for $1.2M for a Delano.  Open house was packed today.

https://www.redfin.com/CA/Irvine/80-Parkwood-92602/home/167401805?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

Not rumor anymore, the listing agent told me they accepted a $1.2m shortly after I submitted an offer.

unbelievable but true as per above! Wow! Thats like 700 /Sqt and over 100K of asking price.

I sold my EW detached condo a month ago...sometimes feel I should have waited until now to put on the market to be able to command a higher price...Houses seem to be trading like stocks nowadays, sell it only to realize its up 10% or more in the next few days!!

Which village you going next?

Undecided at this point. Hoping to have more clarity by end this year.

What if the price goes even higher then? You thinking it'll slow down?

Inventory is at the lowest point that I've ever seen in the past 15 years...prices are only heading one way and that's UP.  No cash or correction is coming in the foreseeable future.
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Offline Compressed-Village

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #31 on: September 08, 2021, 10:10:24 AM »
Rumor this has an offer for $1.2M for a Delano.  Open house was packed today.

https://www.redfin.com/CA/Irvine/80-Parkwood-92602/home/167401805?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

Not rumor anymore, the listing agent told me they accepted a $1.2m shortly after I submitted an offer.

unbelievable but true as per above! Wow! Thats like 700 /Sqt and over 100K of asking price.

I sold my EW detached condo a month ago...sometimes feel I should have waited until now to put on the market to be able to command a higher price...Houses seem to be trading like stocks nowadays, sell it only to realize its up 10% or more in the next few days!!

Which village you going next?

Undecided at this point. Hoping to have more clarity by end this year.

What if the price goes even higher then? You thinking it'll slow down?

Inventory is at the lowest point that I've ever seen in the past 15 years...prices are only heading one way and that's UP.  No cash or correction is coming in the foreseeable future.

The FED is STUCKED. The only way for this to crash is for the FED to take a stance of hiking rate fast. And they not doing it.

Look how they can’t even taper assets purchase. They can only think about it. If they do raise rate, the entire economy would crumbled. So inflate away.

Offline sleepy5136

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #32 on: September 08, 2021, 01:33:44 PM »
Rumor this has an offer for $1.2M for a Delano.  Open house was packed today.

https://www.redfin.com/CA/Irvine/80-Parkwood-92602/home/167401805?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

Not rumor anymore, the listing agent told me they accepted a $1.2m shortly after I submitted an offer.

unbelievable but true as per above! Wow! Thats like 700 /Sqt and over 100K of asking price.

I sold my EW detached condo a month ago...sometimes feel I should have waited until now to put on the market to be able to command a higher price...Houses seem to be trading like stocks nowadays, sell it only to realize its up 10% or more in the next few days!!

Which village you going next?

Undecided at this point. Hoping to have more clarity by end this year.

What if the price goes even higher then? You thinking it'll slow down?

Inventory is at the lowest point that I've ever seen in the past 15 years...prices are only heading one way and that's UP.  No cash or correction is coming in the foreseeable future.

The FED is STUCKED. The only way for this to crash is for the FED to take a stance of hiking rate fast. And they not doing it.

Look how they can’t even taper assets purchase. They can only think about it. If they do raise rate, the entire economy would crumbled. So inflate away.
Don't know when they will raise, but even if they did, it would be in increments of 0.25% I believe. Don't think the economy will crumble on a 0.25% move up.

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #33 on: September 08, 2021, 10:56:31 PM »
On the topic of Helena resales, I wonder why the below one is still on market ar 1.1M asking price. It has 3% buyer agent commission(which is becoming rarer nowadays) and  shows nicely.

https://www.redfin.com/CA/Irvine/110-Breakwater-92620/unit-90/home/167403835

Is the owner expecting 1.2M while listing it 1.1M? It did fall out  of escrow one time looks like.

Offline Cares

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #34 on: September 08, 2021, 11:49:05 PM »
Fell out of escrow twice but most recently was a short escrow.

Offline TestingIrvine

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #35 on: September 09, 2021, 12:01:05 AM »
It’s listed at $706/sqft

Offline Sidehussle

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Re: Helena/Delano, Eastwood Village, are the best Irvine investment bets
« Reply #36 on: September 12, 2021, 04:52:03 PM »
Rumor this has an offer for $1.2M for a Delano.  Open house was packed today.

https://www.redfin.com/CA/Irvine/80-Parkwood-92602/home/167401805?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

Not rumor anymore, the listing agent told me they accepted a $1.2m shortly after I submitted an offer.

unbelievable but true as per above! Wow! Thats like 700 /Sqt and over 100K of asking price.

I sold my EW detached condo a month ago...sometimes feel I should have waited until now to put on the market to be able to command a higher price...Houses seem to be trading like stocks nowadays, sell it only to realize its up 10% or more in the next few days!!

Which village you going next?

Undecided at this point. Hoping to have more clarity by end this year.

What if the price goes even higher then? You thinking it'll slow down?

Inventory is at the lowest point that I've ever seen in the past 15 years...prices are only heading one way and that's UP.  No cash or correction is coming in the foreseeable future.

The FED is STUCKED. The only way for this to crash is for the FED to take a stance of hiking rate fast. And they not doing it.

Look how they can’t even taper assets purchase. They can only think about it. If they do raise rate, the entire economy would crumbled. So inflate away.

Good point. And as soon as numbers dip right after a 25 point raise, FED will signal pause or even go back.

 

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