Recent content by cvballa

First off The Park is TIC.  I live at the village right now and almost moved over there.  These type of apartments are in high demand. As people let their homes go back to the banks home ownership is retreating which means they have to live somewhere and its likely going to be an apartment.  At...

Likely

Households are still being formed, albeit at a historically low rate, which is the reason the recovery has been so weak.  At low enough prices investors and renters who have a steady job and good credit find buying more attractive.  It will be slow and the white house needs to stop putting off...

Oh, and I just got an email that said they are releasing a new phase at Belvedere.  I guess the top floor which are more expensive than the other floors.  Looks to be about 5% more than other floors.

I agree. I am not saying we will get back to 1.6 million soon, but if you look at new home inventory at historic lows and the demand for apartments rising, the trend is clearly positive (remember new homes arent always SFR or condos, they include apartments). This economy is being held back by...

HAHA... def not.  So cuz gold is at 1800 an oz means it isnt a bubble?  Did you say the same thing when home prices were up 16% in 2005?  Valuations determine if there is a bubble, not recent price moves.  One great example is that gold is now worth more than platinum which is absurd. Long term...

I am an investment advisor as well.... im still in my 20s which is why I dont have a huge house.  But I was smart enough to see a bubble in the mid 2000s.  I agree that anyone bragging about huge gains like that are full of BS.  I didnt really pay attention to his time frame, but i knew it was...

haha.... sickening..... good luck.... keep buying the hype.... see where that gets you

And when did you buy this house?  I saw the bubble and rented instead and I know good values when I see it.  Your view is that CPW is a failed development cuz no one wants to live there which is VERY wrong.  I have talked to many people who like it, but also think the price is too high.  Its...

OOOOOOOOOOOOHHHHHHHHHH!  You are one of THOSE!  Now it all makes sense...... I bet you are buying into the gold bubble too.... congrats, lets see how that works out for you

Agreed... I was exaggerating a little, but since most people on here are looking at Irvine, they need to know that Irvine is grossly overvalued based on almost any measure.  You can find good values out there, but almost none of them will be in irvine.  So to say CPW is insanely overpriced and...

First off I am a guy. Second.... I completely disagree that this is a bad plan.  This a great location and the amenities are very good and the builder is quality. You are right, that fundamentals ultimately win out and that has happened here.  I have said all along that at the prices they...

Not yet, but I am now on their contact list so when they do I am sure they will send me something.  Ill let everyone know when I hear something.  I cannot imagine they will raise their prices, but if they can price them under $300 a sqft I think they will sell.  Anything much over that will be...

Toured Astoria a couple weeks back with a friend who wanted to check them out.  The agent said they took them off the market cuz they were priced too high!  Haha.... I laughed.  They released the last phase of Chelsea I believe...... which is interesting.  I guess there are still some people who...

http://www.ocmetro.com/t-central_park_west_sales_irvine_03222011.aspx http://www.prlog.org/11381784-central-park-west-in-irvine-continues-to-be-success-among-homebuyers.html Interesting articles I found.... seems like there are still some buyers, albeit slow.