Recent content by CalBears96

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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Nah, homeowners do that too. That's the main reason we decided to move from Bluffs to Cielo. At least, with SFR, they park in their driveway. With detach condos, everyone parks on the street. There's no space to put the trash cans on garbage days, especially with so many condos sharing the...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Personally, I don't like to invest in real estate because it makes the money illiquid. However, the ROI is different than the stock market. The reason is the capital involved. Let's say you buy a $2M home with 30% down. That's $600k. The appreciation is based on $2M, but your capital is only...
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    Cielo million dollar price drops

    They put in 11-12 panels, which is about 4kW system. It's mandatory for new homes to install solar panels, but with NEM3, it's useless unless you install battery as well. It's unnecessary cost to install a big system without battery.
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    Olivewood at Portola Springs by New Home Co.

    Well, that was a stupid thing to do if they didn't get city approval.
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    Olivewood at Portola Springs by New Home Co.

    I'm pretty sure that the concrete footing is part of the backyard column put in by the builder to support the glass wall. Has nothing to do with the flag pole. The flag pole is just put on top of the metal beam holding the glass wall.
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    Olivewood at Portola Springs by New Home Co.

    So we're down to nitpicking little things now? If the freestanding flagpole isn't allowed per city ordinance, then I'm sure the new owner would request the seller to spend $$$ to remove it rather than spending his own $$$ money to remove it.
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    Olivewood at Portola Springs by New Home Co.

    Deeper side yard is useless when the backside is 5 ft. It's MUCH MUCH better to have deep side yard AND back yard. 139 is also end of cul de sac and they have the same number of neighbors, so I don't see your argument there. As for 101 is a better number, that's subjective because 139 is...
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    Olivewood at Portola Springs by New Home Co.

    I disagree that 101 Oakstone is worth more than this pickleball home, let alone over $5M. This pickleball home has a bigger lot, but much much more importantly, its distance from the house to the back wall is well over 15 ft while the 101 Oakstone one is just like any other Olivewood home, 5 ft...
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    President Trump

    You mean like making the borrowers pay the tariffs?
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    Landfill Smell in Portola Springs or Orchard Hills Summit?

    The homes north of Portola Pkwy are close to the landfill, so they will probably smell it even without the winds. West of Ridge Valley would be on Santa Ana's path. Probably even the ones around Silverado. But as far as I know, the homes south of Portola Pkwy and east of Portola Springs/Modjeska...
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    Landfill Smell in Portola Springs or Orchard Hills Summit?

    Summit is pretty much directly west of Bowerman. Toll Brother homes are even a bit northwest, so I don't know where this "the wind blows SW directly over Summit" is coming from. The community that is directly SW of Bowerman is Stonegate and PS portion that is west of Ridge Valley. The rest of...
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    Cielo million dollar price drops

    It depends on where you get the view from. Most homes would at least get the view from the Great Room. I have Cielo Plan 1, where I get view all the way from my office, where I spend a lot of time in. My wife loves working in the backyard and spends a lot of time there. Having said that, would...
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    Cielo million dollar price drops

    Lot 63 isn't a view lot. Unless you consider the neighbor behind you on a hill a nice view. Lot 64 has a partial view (side view), but lot 63 is completely non-view.
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    Olivewood at Portola Springs by New Home Co.

    New Home Company merged with Landsea Homes and renamed to Risewell Homes. And I meant Olivewood were selling like hot cakes back in 2024 even though prices were extremely inflated. It slowed down quite a bit late 2024 into 2025.
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    Olivewood at Portola Springs by New Home Co.

    New Home Company completed inflated the Olivewood prices but the homes still sold like hot cakes due to too many rich FCBs.
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