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fumbling: My $.02 for the mild decline - The demand is still somewhat there for CC. CC is extremely popular to not only future buyers, but curious minds as well. I'm sure some curious minds turn into buyers later down the road. CC is one of few (maybe the only?) communities along the coast...

Skek: What's happening in Crystal Cove right now is a complete slowdown in home sales, which is placing pressure on sellers now, throughout 2008, and 2009 to lower asking prices, or price aggressively if they truly are set on selling their home. Yes homes are are still selling, but I've...

awgee, sell4u is not mcmonigle. i do know john and have met him he's a good guy, i work in the same office as john and his assisants. i was rather surprised acpme was able to speak directly with john, he's usually pretty busy or has his assistants dealing with most of those kinds issues...

hang in there Socalmd. Prices are continually coming down, both condos and sfr's in NC- the hot air is not out yet. You should be able to pick up a nice single family home in NC in the next year, maybe two at a 25-30%(or more) discount off 2006 peak prices... NC peaked a little earlie...

acpme, this isn't some sort of april fools joke now is it? these are some crazy stories about you and mcmonigle...

awgee: I believe you're correct, I heard through the grapevine 44 is back in escrow. In escrow at $10.250m and I'm sure it will sell lower than that. never assume people's loans, even on the big boy homes. You'd be shocked if you saw the size of the loans out there on some of...

newportnaturalmom: 43 Anjou, bank owned at $720k is back on the market today - a 3 bed 3 bath, the 1,360sq.ft. model. Looks to be a desirable, clean end unit. If you know of anyone looking for a deal, a deal could be had on this property. I wrote an offer on a bank owned home in NC...

graphrix: I checked title and right now I show 24 properties in NC that are in some sort of distress, a notice of default or notice of trustees sale. Those homes you mentioned are included in the list of 24 properties. Mr. Jannard is going to come looking for his $2.0m loan, and Mr...

Here is what I have according to Title for 3 Redbird 4-15-2002 Mark Mcgwire purchases from Taylor Woodrow, transfer value $1,842,500 (just so you know, this home was a villa and not a custom) 3-8-2006 Mcgwire sells to the 2nd owner with a transfer value of $3,950,000 11-8-2007 2nd owner...

Irvine Sould Brother: Its a big mix, i wish it was an easy answer. Some folks that stroll through could buy right now, others talk a big game and i question if they could buy. Others are reserved and don't say much. Also, quite a few renters in NC are out looking right now (probably...

Since January 1, 2008 only two homes have sold (via MLS) in Shady, both sold for well less than their asking price. I would love to be a buyer in Shady, I would hate to be a seller in Shady out of the 30 currently listed homes for sale in Shady (MLS) each and everyone of these homes...

I realize I post all of this on an irvine blog. fwiw, a good amount of traffic that comes through my open house are folks from Irvine, or neighbors around irvine/newport. (also, a lot of folks from the newport ridge apartments stop by as well) I have quite a few clients who currently...

A lot of good feedback here. Newport Coast has a lot of new money floating around. Home appreciation skyrocketed during the 2003-2006 years in Newport Coast. 2004 was an amazing year, huge double digit apprecation rates in all communities. NC itself is only about 13/14 years...

Major Schadenfreude: some detached housing is better than others. There is another community in Newport Coast called "Altezza". Pricier homes, but they are setup as townhomes on single loaded streets and have views. Though both developments have the potential of having someone live above or...

Who are these delusional people kidding?... While most, if not all of Newport Coast is grossly overpriced currently (even though prices have been coming down, just not as much in other housing markets) lets take 1 community as an example and pick it apart. Named "The Summit", this is a...