Recent content by PURPLEHAZE_IHB

  1. PURPLEHAZE_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    Here is a co-efficient of variance analysis between list prices and closing prices using IPO's tracked data. Basically the co-efficient has drawn dramatically closer to 1.0 after October 2008. This is indicative of closing prices being much closer to the list prices. <fieldset...
  2. PURPLEHAZE_IHB

    Question about Newport-Mesa school district

    Thank you all for your detailed comments. As usual you guys rock!
  3. PURPLEHAZE_IHB

    Question about Newport-Mesa school district

    Stepping Up, if I hypothetically live in a bad area of CM, is it true that I cannot send my children to Newport Mesa school district? Are there zip code restrictions? If yes, how would I know what these restrictions are? Thank you so much for your input. Irvine Renters and others, this...
  4. PURPLEHAZE_IHB

    Question about Newport-Mesa school district

    http://www.dailypilot.com/articles/2007/10/06/education/dpt-blueribbon03.txt I was looking at some blue ribbon schools in Orange County and noticed that the "Newport-Mesa" school district hast two good schools that feature on the list. How is the Newport-Mesa school district in your...
  5. PURPLEHAZE_IHB

    Is the California (Irvine) Market Ahead of the US Market?

    ID, The problem arises when you think that: 1) you and the others have MERELY a difference of opinion 2) you have no interest in debating based on MERITS and FACTS 3) you have a natural bias against anyone who has a bearish view of the situation 4) you assume that people who do not want...
  6. PURPLEHAZE_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    Just a theory: The remaining funny money in the market needs a place to travel to - the next productive and safe opportunity AKA Irvine housing. I think Irvine will get hit harder if it is speculators who are quickly swallowing all the opportunities in Irvine. These are the knife catchers who...
  7. PURPLEHAZE_IHB

    Headlines...

    What I find frankly quite dumbfounding is the fact that no one was counting the fact that prior to the downhill descent in home prices and sales volumes, the housing industry experienced the highest rates of appreciation ever in history. That is why I think that all these sensational headlines...
  8. PURPLEHAZE_IHB

    Home backing on to major street

    CK, In Irvine, I have noticed that backing on to an arterial road is relatively ineffective in getting a price cut unless the home has other drawbacks like being a fixer upper. IMHO, you have to be more careful while evaluating Irvine home prices because, the 'Irvine' premium can be deceitful...
  9. PURPLEHAZE_IHB

    Home backing on to major street

    skek, I liked your comment. Noise tolerance is also an important issue. People who cannot sleep with a leaking tap sound obviously cannot deal with street noise.
  10. PURPLEHAZE_IHB

    Home backing on to major street

    what is the address of the home on Granada?
  11. PURPLEHAZE_IHB

    Home backing on to major street

    What if it comes at a fantastic price like low 200s a sq feet and in a good area?
  12. PURPLEHAZE_IHB

    Home backing on to major street

    Ok so here is the situation. The home's backyard (small one) is backing on to a street with regular flow of cars. What are the repurcussions in terms of future saleability (is it really a deal breaker or is the inside of the house still more important) and what are the repurcussions on living...
  13. PURPLEHAZE_IHB

    Question about using Traditional IRA funds towards purchase of home

    Hi all, thank you for your advices and comments. My liqudity situation is very good and I have been putting away money into the IRA just for tax benefits. I do have enough stacked away for downpayment and am not really tapping into the IRA for lack of other funds. I have a strong 401k situation...
  14. PURPLEHAZE_IHB

    Question about using Traditional IRA funds towards purchase of home

    If I want to use my Traditional IRA up to $10,000 against the purchase of my first home purchase, what steps do I need to follow to be able to withdraw these funds? What documentation do I need to furnish to IRS to show that I have applied the withdrawn funds towards a new home purchase such...
  15. PURPLEHAZE_IHB

    Will Barack Obama be our next President?

    You got to admit that the democrats are either very brave or very reckless trying to make history by trying to elect the first woman or African American as President of America.
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