Search results

It may surprise you to know I have a few rentals...  LOL  Can only renters have a negative view on homes?  BTW you keep telling me to take a chill pill, but its obvious you are the one with the panties in a bunch just because I state my opinion.  I dont have any issues with your opinions...

Dude you are so high strung and so defensive, you are responding back to posts not even direct at you.  LOL 

Anyone would be a fool to deny what prices have done in the last few years.  So to imply that I have denied this fact is a classic strawman argument.  My point however is that prices have increased too much and are now overpriced.  As such I believe that we are near or nearing peak prices for...

You are to Capella as Perspective is to Strada.  The house is overpriced.  Get over it and dont take it so personal. 

I agree... however many things are often discovered with time.  The point of me posting this wasnt a commentary on people not doing their due diligence but rather simply pointing out some negative things related to the landfill as related to the previous poster.

or maybe there is a wind current that drives the smell to certain areas?  Although I do not smell anything in my neighborhood, it doesnt mean someone else doesnt smell it in theirs. A few of my friends who live near sand canyon have noted the following negative things: 1.  trucks speeding down...

I dont believe I said its dropped off a cliff nor prices are going down.  My exact words were "high end homes are slowing down".

Even if this was true,  can we really say the high end is not stalling based on one house or even one tract of homes?  I get it, we all have our opinions on how houses are selling and Im sure we all have our personal biases (probably based on our personal financial obligations/situations). ...

You can say that using the example of one house? 

I dont think anyone said 80% of all new homes go to foreign chinese.  Rather, anecdotally,  one person said they saw 80% chinese buyers in their one  neighborhood.  Clearly I do not think anyone believes that 80% of all new homes are bought by Chinese.  Anecdotally, I would say in my village, I...

I just read there is a 22% vacancy rate in these buildings which is one of the very highest in the nation...

He was on Larry's new blog (OChousingnews) until not too long ago. 

wow you are a housing blog legend :)

I read larrys other blog on a daily basis.  I can tell you he is not gloom and doom.  He is probably the most fair and balanced real estate blogger I have seen.  I do not believe he exaggerates when he states that a significant part of homes in Irvine go to Chinese.  That is fact.  He cites an...

definitely get more for your money out there.  I disagree with a couple things though.  There are tons of retail centers if you live in yorba linda.  Brea is literally a few mins drive and there are a ton of stuff out there.  Furthermore, I think the traffic on the 5 is worse than the 91 now. ...

I think the answer is pretty obvious.  Irvine real estate is very dependent on foreign cash and therefore if chinese buyers dry up, prices will fall.  I think the more appropriate question to ask is how much of a decrease in chinese buyers will we see?  I suspect whether or not we will see...

I saw a house on redfin the other day and it was erroneously listed around 135K when it should have been clearly listed for 1.35M.  Redfin estimated the house at 135k or so (again I forget exact amount)  I always felt, redfin estimates were weighted significantly on list prices as most redfin...

You are going to get a biased view with a post here in my opinion.  Speak to most people that live in yorba linda and anaheim hills and they wouldnt live anywhere else.  The problem is you wont know what you like until you try it since everyone has personal preferences.  You might just want to...

Yes you do not have to fix it.  A water feature is not required to make the home habitable nor was it likely a major feature that enticed people to rent from you. However the question on this thread was should the tenant or the landlord pay for this.  If that is the question you are asking...

I think you are giving me too much credit.  I dont know the answer to that nor will anyone else on this blog.  The right time to invest is when the numbers make sense.  The numbers in Irvine has not made sense for a long time.  Almost everyone who invests in Irvine is speculating on appreciation...