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  1. L

    Area between Furrow St. and Bella Vista in OH

    Here's new info for this area.  TIC redraw the development again and now with 277 units.  Taylor Morrison, Shea Homes, and maybe Irvine Pacific are going to build these homes. 
  2. L

    Portola Springs land dev North of Bluffs,Hillside and Highland? adjacent to 241?

    Got it.  Here's another map of the area and the area you are referring to are labeled as lot 5 in this map. Lot 5 is going to be future housing but have not see any proposed plan yet.  This is a pretty good area, good elevation and potential view lots. 
  3. L

    SEC consider cutting power at Orchard Hills

    According to this interactive SEC power outage map, looks like entire OH area and Northwood High are under consideration for planned proactive power outages. You guys at OH had solar panels right? https://abc7.com/weather/socal-edison-power-outage-interactive-map/5641990/
  4. L

    Irvine Crime Wave

    Suspect captured on video burglarizing vehicle in Irvine https://abc7.com/suspect-captured-on-video-burglarizing-vehicle-in-irvine/5645637/
  5. L

    Sand Canyon and 5:

    I thought it was for 1960 apartment units and some commercial units. Irvine Co. proposes 1,960 apartments along Sand Canyon Avenue in Irvine https://www.ocregister.com/2017/03/17/irvine-co-proposes-1960-apartments-along-sand-canyon-avenue-in-irvine/
  6. L

    Portola Springs land dev North of Bluffs,Hillside and Highland? adjacent to 241?

    Which area are you referring too?  The PS neighborhood N5B has 4 sub-enclaves and the empty one will be build in the future.  The info I got was also from 2017.  https://www.talkirvine.com/index.php/topic,15684.msg316915.html#msg316915
  7. L

    More buildable land in Irvine after the current villages are built out?

    Sure there are a few small pocket of land like the UC research station off Irvine Blvd, the public storage across from Woodbury that are potential for future housing, but no big development like the one today.
  8. L

    When would be next housing Bottom?

    According to this article, looks like housing will not go down anytime soon.  Inventory/supply is going down again. https://www.cnbc.com/2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html
  9. L

    Reduction on Mello Roos

    I took a second look at the letter and noted that the reduction of 1915 Bond is for the assessment district 11-24A, which is for Cypress Village (see the list below). The earlier post about MR reduction back in 2015 was for the assessment district 07-22, which is Stonegate. Sorry EW did get...
  10. L

    When would be next housing Bottom?

    Totally agree with this. I do agree the housing market is slowing down but we merely slowing from a super hot housing market to a more normal or a neutral market. After the great housing downturn the market was very slow up until middle of 2012.  And from 2013 to 2018, the housing was very...
  11. L

    Laguna Altura is HOT!

    Here's nicely done video for this Siena listing.  Siena is EW's Petaluma clone, asking for $1.05M. https://www.theagencyre.com/listing/sl1911774-80-borghese-laguna-altura/
  12. L

    Reduction on Mello Roos

    It covers most of newer TIC neighborhoods like Stonegate, Cypress Village, Eastwood, Portola Springs etc.  https://www.cityofirvine.org/administrative-services-department/community-facilities-district-and-19131915-act-assessment
  13. L

    Reduction on Mello Roos

    Just got the tax reduction notice about property tax bill for 2019-2020 will be reduced due to refinancing  Anyone with 1915 AD Bond will get an average of $206 reduction. Here's the letter I received.
  14. L

    When would be next housing Bottom?

    National house price increase 3.2% year-to-year in July, so it still going up slightly.  Looks at the graph below, it does look like the house price are peaking and moving sideways going forward.  https://www.calculatedriskblog.com/2019/09/case-shiller-national-house-price-index.html
  15. L

    Shea homes in Groves

    I thought that's where KB's Genoa is at, interesting.
  16. L

    Rent control advances in California, L.A. County

    Yes,  SFR rentals own by individuals, not corporate, are not affected. https://www.latimes.com/california/story/2019-09-11/california-renters-relief-legislation-gavin-newsom-rent-cap
  17. L

    Few new listings coming soon...

    Yup, can?t beat that $1700 annual MR.  Even the similar Cal-PAC tracks at Portola Spring like Brisa or Carissa have a lot higher MR. This is a very good value buy. 
  18. L

    Solar Installation During Construction vs Retrofit

    Can buyer cancel the solar lease after COE and just return the solar panel? And if you are leasing the solar panel and selling the home in the future, does the new buyer require to sign up that solar lease?
  19. L

    Marugame Udon

    Saw the crazy long line waiting for Marugame Udon today at South Coast Plaza.  So what?s the deal with this eatery?  Are they that good? Apparently they just opened a few weeks ago but the wait line is pretty impressive, longer than DTF. ...
  20. L

    PROP 13 & commercial properties

    Agree.  One reason some of manufacture business can still survive in CA is due to low commercial property tax if their property was bought decades ago.  But if this pass, it will be the final straw for a lot of business. It will also affect a lot of strip mall operators.  A lot of older...
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