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    Economic Slowdown?

    Sold all of my retail stock over the last 12 months. Was checking GME today that is down 50% since i sold..
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    Housing Analysis

    My unofficial observation is that housing activity has picked up considerably in the past few weeks.
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    Tracking sales pricing of identical floor plans with high velocity

    I'll start it off: 2010 Median $732k May $750k:https://www.redfin.com/CA/Irvine/71-Autumn-Sage-92618/home/7203556 Dec $713k:https://www.redfin.com/CA/Irvine/76-Scarlet-Bloom-92618/home/40103388 2012 Median 701k June $682k:https://www.redfin.com/CA/Irvine/54-Prickly-Pear-92618/home/51681306 Nov...
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    Rams in the Super Bowl!!

    Rams 35-31
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    Looking for potential buyers - new home in great part 75K cheaper market price

    I threatened my builder to tell the mortgage lender something that would disqualify us from getting a mortgage to back out of a purchase. The builder quickly acquiesced and I didn't need to back out.
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    Amazon founder Jeff Bezos announces divorce

    https://en.wikipedia.org/wiki/MacKenzie_Bezos
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    What the "Dow" is happening?

    I never sold unfortunately, but took a good chunk of cash laying around and bought SPY this morning.
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    Talise vs Legado, which one would you choose?

    I've never smelled the landfill. Talise is by the 241. I've toured both Legado and Talise. It's a hard choice. I wouldn't worry about appreciation and would choose a floor plan and lot you think you'll be happy with for 7+ years. It's worth the lot premium for views or larger side yard if...
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    What the "Dow" is happening?

    https://www.statesman.com/business/20140214/report-more-us-workers-cashing-out-401k-accounts
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    When would be next housing Bottom?

    That's not how a median works. For example: 2006 sales: Home A $3.5m Home B $900k Home C $750k Home D $500k Home E $300k Median = $750k 2011 sales: Home A: no sale Home B: $800k Home C: $720k Home D: $480k Home E: $330k Home F: $300k 2011 Median: $480k OMG!! The Median price fell 36% that...
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    When would be next housing Bottom?

    Everyone that walked and talked told me to buy in 2006. I told them they were crazy - rent was less than half the cost of buying. I kept checking the math and what do you know, renting was a lot more expensive than buying in 2012 (once interest rates came down) so I bought. Right now it's...
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    When would be next housing Bottom?

    Let me guess, in Nov 2019 they'll release a new report that says: 2019 expected appreciation 3.6% 2020 expected appreciation 1.5% 2021 expected appreciation -.01% 2022 expected appreciation -3.5% Eventually they'll get it right and they'll pull out the one report that was right and call...
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    What price range are you shopping for in Irvine?

    I think a lot of TI'ers are in the move up market.
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    What price range are you shopping for in Irvine?

    Redfin filters: - 1,750+ sqft - 4+ bedrooms - 1990 or newer - SFR - active + coming soon - Under 900k: NONE - Under 1m with a driveway (2):https://www.redfin.com/CA/Irvine/27-Iowa-92606/home/4680030https://www.redfin.com/CA/Irvine/43-Declaration-Pl-92602/home/4791869 For all of the...
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    Black Friday and Cyber Monday Deals

    Link to the iPad deal?
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    Midterm Elections

    Here's proposition results:https://vote.sos.ca.gov/returns/ballot-measures Voted No on 10 - I'm very much anti rent control. The best way to reduce rents is to increase housing supply - especially close to jobs. Voted No on 6 - even though I hate the increased taxes and fees ($100/yr + double...
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    iPhone X, XR, XS, XS Max

    Target will have $300 GC with activation on any iPhone xr, xs for Black Friday.
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    Mimi Walters - CA45 Rep missing in action?

    I met Drew Leavens at an Irvine Chamber of Commerce event in 2014 so I could have named him. I remember that year he raised about $30,000 and Mimi raised about $2,000,000. I will not ever vote for Mimi again due to her voting for the new tax law that will hurt local homeowners (her constituents).
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    Housing Analysis

    Anecdotally, I have run into several move-up buyers lately. Here's some of their reasons for buying now: - They want to buy brand new into a certain community before it is built out. They were able to get the lot them wanted. - They wanted to be settled with walking distance to an elementary...
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    2018 Migration Trends accelerate as more people look to leave Denver, SF, and LA

    LA is bounded by: Ocean to the West Camp Pendleton to the South Mountains to the North, NorthWest and SouthEast Desert, Mountains to the East (also gets rapidly hotter) Atlanta is bounded by: nothing There is very little land left to develop in LA that is "only 5 minutes further" out. Atlanta...
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