Recent content by someguy

I remember a loan incentive being offered with this house too. One of those 7 year arms with a rate buy down. Something like 4.5% for the first year and something in the 5s for the rest of the lock period. I wonder how that worked out. There was a broker co-op as well, but I'm not sure...

Various sources for anyone interested: Fred (30 year fixed) Mortgage News Daily (30 year fixed) Mortgage News Daily (30 year Jumbo) I think the chart being referenced is for MND 30 year jumbo. Loans get into jumbo status when they're for an amount greater than the local limit. The local...

If you look at the construction progress in person, many of those unreleased houses are nearly finished. Perhaps the builder intentionally doesn't release them to direct potential buyers towards the aging standing inventory, but if there's a buyer ready to put money down, which is believable...

I think you point out a real phenomenon here. It's a lot specific situation imho - sometimes It's there and can feel odd. I think one can ask themselves a few more questions, like, "How often to people stand in places where they can see into my lot/house?" "When people stand in those places...

The $1M price cut on lot 88, however lucky (or unlucky) it may be, is impressive. If we're going off purely $/sqft and Cielo Lot 103 (74 Bright Star) is a recent comp for a builder sold move in ready non view modest backyard home, then $806/sqft is around market price for Bright Star non view...

Redfin still has the pictures for 124 Sunnyslope at the moment. https://www.redfin.com/CA/Irvine/124-Sunnyslope-92618/home/182269211 Shea had Lot 103 (Cielo Plan 1) finished, move in ready, yes modest front landscaping, no rear landscaping, price cut to $2.6M (the 2nd price cut I believe)...

Amazing visual. Serious questions: Do you live in an Irvine HOA? Do they communicate to homeowners that they're not allowed to wash their cars in the community?

It's currently the FBI's Jerry Crowe Regional Tactical Training Facility. Eventually the land will be consumed when our sun swells into a red giant. Who knows what happens between now and then. https://voiceofoc.org/2012/07/community-editorial-why-is-the-fbi-shooting-down-a-wildlife-habitat/...

This is an interesting take on covered call ETFs: Seems well researched and supported by data.

I'll pile in here... Crypto is horribly energy inefficient. The network currently consumes the equivalent power of the entire city of San Francisco to process 1/10th as many transactions as the current banking system. Much of the advantages of crypto are kind of of useless in the real...

I'm a professional Redfin browser. This is anecdotal and region specific. A year ago I was seeing absurd prices. About 6 months ago I started seeing a moderate amount of modest price cuts in the $50k to $100k range (on $2M to $3M SFHs). Lately I'm seeing $100k to $200k price cuts.

I picked up a new Model 3 two weeks ago. Absolutely my favorite car to drive. So quiet, smooth, and efficient. Tesla service has been exceptional with fixing a few details. They gave me a free loaner with free super charging while they work on my car (paint stuff). Now I have two Teslas in...

It depends on what your view of the role of college is. If it's a tool to launch a professional career and increase one's value as a contributing member of society, then completing studies highly focused on the theories and practical applications related to the intended profession is quite...

What do we want? RATE CUTS! When do we want them? 9/17/25! When I say RATE, you say CUT! RATE! CUT! RATE! CUT!

$1,860/sqft is beyond delusional for that house.