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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    To CalBear We will find out who is the ?fool? in 2023!! People comparing only the 2008 bubble and never looked at 1982 bubble when inflation was super high? You are so brave to Fight the Fed? Good Luck ?. ROFL?..
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    To Testing Irvine. You realtor don?t like me posting the truth right?  Lol?..
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    The Fed is ready to fight the housing bubble. Keep in mind rate was as high as 18% the last time we had inflation this high in 1982. Don?t fight the FED!!https://www.cbsnews.com/news/housing-bubble-2022-federal-reserve-warning/
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    New communities in Portola Springs

    First Bank is now offering new customer 3% savings rate on performance checking account.  Most cash buyers will disappear once all banks start offering 3-4% savings rate.  Why would cash buyers keep buying homes if home prices NOT going up anymore?  Besides, imagine less buyers can qualify for...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    First Bank is now offering new customer 3% savings rate on performance checking account.  Most cash buyers will disappear once all banks start offering 3-4% savings rate.  Why would cash buyers keep buying homes if home prices NOT going up anymore?  Besides, imagine less buyers can qualify for...
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    Observations from the front lines of the Irvine housing market?

    First Bank is now offering new customer 3% savings rate on performance checking account.  Most cash buyers will disappear once all banks start offering 3-4% savings rate.  Why would cash buyers keep buying homes if home prices NOT going up anymore?  Besides, imagine less buyers can qualify for...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Don?t be surprised mortgage rate will hit 6% by end of this year.  U.S. stocks are lower after Federal Reserve Governor Lael Brainerd said the central bank would "continue tightening monetary policy methodically through a series of interest rate increases" and start to reduce the balance sheet...
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    New communities in Portola Springs

    Don?t be surprised mortgage rate will hit 6% by end of this year.  U.S. stocks are lower after Federal Reserve Governor Lael Brainerd said the central bank would "continue tightening monetary policy methodically through a series of interest rate increases" and start to reduce the balance sheet...
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    3 New California Pacific Communities in Portola Springs Late 2021

    Are you guys aware of NEW phase release price sheet always has only 1 home left for sale and others are sold?  This is a typical sales technique for new home builders.  They want to get rid of a bad/ smaller lot first ASAP and keep the good ones.  Once the 1st one is sold, other lots will become...
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    New communities in Portola Springs

    Existing home sales fell in Feb even inventory up 2.4% from Jan. Go see some open houses on weekend if you don?t believe me. Don?t be shocked if you are the only person there.  Yes, there are NO more 20 families waiting in line to see open houses. Good luck to anyone who believe home prices will...
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    3 New California Pacific Communities in Portola Springs Late 2021

    Existing home sales fell in Feb even inventory up 2.4% from Jan. Go see some open houses on weekend if you don?t believe me. Don?t be shocked if you are the only person there.  Yes, there are NO more 20 families waiting in line to see open houses. Good luck to anyone who believe home prices will...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Existing home sales fell in Feb even inventory up 2.4% from Jan. Anytime inflation rate jump over 5% in the last 60 years, recession followed.  Happened in 1974, 1990 & 2008.  This time will be even worst with balance sheet tightening.  Even with the highest household income in Silicon Valley...
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    New communities in Portola Springs

    New home sales fell again in Feb, 2 months in a row.  Anytime inflation rate jump over 5% in the last 60 years, recession followed.  Happened in 1974, 1990 & 2008.  This time will be even worst with balance sheet tightening.  Even with the highest household income in Silicon Valley, home prices...
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    3 New California Pacific Communities in Portola Springs Late 2021

    New home sales fell again in Feb, 2 months in a row.  Anytime inflation rate jump over 5% in the last 60 years, recession followed.  Happened in 1974, 1990 & 2008.  This time will be even worst with balance sheet tightening.  Even with the highest household income in Silicon Valley, home prices...
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    New communities in Portola Springs

    Price on a view lot at Highland dropped $200k in 2020.  Go ask a homeowner who bought in 2020 at Highland.
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    New communities in Portola Springs

    "The Great Irvine Drop" in 2018-2020 was caused by 3 rate hikes by the Federal Reserve in 2018. Will see what happens  in additional to balance sheet tightening this time??
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    New communities in Portola Springs

    Resale homes are selling like hot cakes now as buyers don?t want to wait to move in a new home at the end of 2022 when mortgage rates hit 5%.  No wonder homes at Bluff released 2 weeks ago are still available.
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    New communities in Portola Springs

    Bluffs and Highland each released 2 homes Feb 5th and only 1 home has been reserved, NONE are sold so far?? Interesting?? Besides, foreclosures are up 139%from Jan 2021 YTY.https://dsnews.com/daily-dose/02-10-2022/foreclosure-completion
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    Observations from the front lines of the Irvine housing market?

    Bluffs and Highland each released 2 homes Feb 5th and only 1 home has been reserved, NONE are sold so far?? Interesting?? Besides, foreclosures are up 139%from Jan 2021 YTY.https://dsnews.com/daily-dose/02-10-2022/foreclosure-completion
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    TayMo bids war

    Bluffs and Highland each released 2 homes Feb 5th and only 1 home has been reserved, NONE are sold so far?? Interesting?? Besides, foreclosures are up 139%from Jan 2021 YTY.https://dsnews.com/daily-dose/02-10-2022/foreclosure-completion
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