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    How low can we go? 30 yr fixed at 3.75% with no fees...

    I understand the difficulties for bank to lower the 30 yr mortgage below 3% but how does other countries like Japan and Taiwan offering super low fix mortgages around 1%?
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    How low can we go? 30 yr fixed at 3.75% with no fees...

    If the trade war with China continue, triggers a recession and Fed cuts rates all the way down to zero,  sub 3% 30 year fixed mortgage is a real possibility. 
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    New Corvette C8 World Premier in Tustin 7/18/19

    Drop by Connnell Chevrolet at Costa Mesa today to check out the C8.  The C8 was pretty stunning in person, GM got a winner here.
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    Tim Ho Wan has soft opened Wednesday, May 8 in Irvine

    The food are ok but not up to par for what they are charging. My biggest disappointment was the limited selections in their menu compare to other Dim Sum restaurants.  Is this how THW are in other locations?  Maybe I?m just overhyped and was expecting a full Dim Sum menu. 
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    New Corvette C8 World Premier in Tustin 7/18/19

    I heard Connell Chevrolet in Costa Mesa will have the new C8 Corvette on display in August 1 and 2, 11 am until 7 pm. I'll drop by after work to check it out. 
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    Opinion on Portola Springs lower end homes, 700-850k

    I?ll take PS over Lake Forest.  LF is really good value compared to Irvine but just the school district alone, Irvine is much better. PS has Irvine address, Irvine school district and Lake Forest price, can?t go wrong with that.
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    New Corvette C8 World Premier in Tustin 7/18/19

    Lots of people took Corvettes to the tracks and that's how we learns about the overheat issue.  The Corvette actually is pretty popular track car but just not in California.  It is relatively cheap, cheap to maintain and Chevrolet don't void warranty if one take the car to track. And to crash a...
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    New Corvette C8 World Premier in Tustin 7/18/19

    Starting at $60k with 495hp mid-engine layout, that's pretty sweet indeed.
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    Good and bad of Cypress Village

    Regarding to California Garage in CV, this Mulberry plan 2 just list for sale and you can see the CA garage in pic 39 and 40. CA garage in Mulberry is designed as a flex space allows many options.  Owner can leave it as a storage area within the garage or wall-off with A/C to utilize as an...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    They just lower the price back down to $125,0947. Not sure what happen here but maybe the initial price increase was to reflect the cost of upgrades from the base price but now they decided to gives big discount in order to sale the home. If this is indeed correct, $68k worth of free upgrades...
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    Housing Analysis

    The housing shortage in OC will keep Irvine price high for a long long time.  https://www.ocregister.com/2019/07/10/orange-county-housing-shortfall-projected-to-reach-114000-units-by-2045/
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    When would be next housing Bottom?

    https://www.cnbc.com/2019/07/09/the-housing-market-is-about-to-shift-in-a-bad-way-for-buyers.html
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    C2E Boutique Townhomes

    For the CV main area, it range from $2700-$4200 depends on the property (SFR are higher, condos are lower).  For CV East, it's just a little over $1800 for all since they are all condos. 
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    C2E Boutique Townhomes

    Regarding to Cyprsss Village?s MR: CV main area: AD Tax: approx. $900-$2500 depends on size of property. CFD Tax: $1700 Other Tax: $100-$200 CV East: AD Tax= none CFD Tax: $1700 Other Tax:  a little over $100 There?s no 2% annual increase in MR like GP neighborhoods.  That CFD tax of $1700...
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    Which part of Irvine is away from earthquake faults and has solid rocks undernea

    South of 405 is on top of the Newport-Inglewood Fault Line, which are capable of producing a magnitude-7.4 quake.  This one is going to be more destructive for OC than the big one from San Andreas since its so close. Newport-Inglewood Fault is the one right next to Irvine in this map...
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    Earthquake?

    I definitely felt this one.  7.1!
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    Recommended house inspectors?

    Steve Lottatore www.biltriteinspect.com/ (714)777-9111 Matt Henderson - Summit Home Inspection (714)296-4423 You must haven?t seen my list.  :) https://www.talkirvine.com/index.php/topic,11117.0.html
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    Toyota moving to Texas

    Now Mitsubishi is moving out of CA.. https://www.autonews.com/automakers-suppliers/mitsubishi-will-move-hq-nashville-calif-be-near-nissan
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    When would be next housing Bottom?

    With mortgage rate dropping and probably stay low for a while, next housing bottom won?t be here any time soon. Also Irvine is in the last leg of new constructions and majority of new build will be done in about 5 years, will have even higher pressure on the prices for the existing home. ...
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    When would be next housing Bottom?

    https://www.car.org/aboutus/mediacenter/newsreleases/2019releases/may2019sales
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