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634 - Redfin

http://www.redfin.com/CA/Irvine/68-Clouds-Vw-92603/home/5978179 $745,000 for 2 bed, 2.5 bath and 1,150 SF. $648/SF

You are correct. I didnt check the aerial or map. I just looked at the home pictures.

It is ironic that no one mentioned schools. That is the selling point for a lot of realtors.

That house is nice.

So far, looks like a 3CWG is most popular. Maybe the builders in Irvine should take note.

How would you define a open floor plan?

I thought it would be a good idea to put all the positives in one place, which could also be used as a "checklist". Ill start. 1 - Not close to a Freeway 2 - At least a 6,000 SF Lot 3 - 3-Car Wide Garage (3CWG) 4 - Driveway 5 - Single Level

Something does not seem right. Why would the seller's realtor do this? Shouldnt the realtor have the seller's best interest?

Two more. http://www.redfin.com/CA/Irvine/117-Catalonia-92618/home/54780233 http://www.redfin.com/CA/Irvine/126-Catalonia-92618/home/52770952

Listed for $599,000, sold for $461,000. 23% off? How? http://www.redfin.com/CA/Irvine/119-Sapphire-92602/unit-28/home/5885049

Like thetruth said, cash by definition is not leveraged, but cash can be leveraged/borrowed. Mortgage aside, even a car loan is leveraged. In fact, it is more commonly done that people would think. Leverage is an investment strategy of using borrowed money (cash) to generate investment returns...

What happens when these (artificially) "historically low" mortgage rates normalize if this house is sold to a new non-cash owner?

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Looks like the price either came down a little or stayed the same from the grand opening day. It was $749,990 at grand opening.

Really? Trying to make money off this flip?? http://www.redfin.com/CA/Irvine/103-Nature-92620/home/12253634

591 according to Redfin

Wow, test admits its wrong

Now Pending..

$36,000 price reduction on a new home. I thought this doesn't happen in Irvine anymore. What happened to 6 months wait on priority lists, increases every phase? http://www.redfin.com/CA/Irvine/161-FIREFLY-92618/home/52100680