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One things for sure - I wouldn't count on the elementary school being built anytime soon.

Irvine Co hates non chain restaurants because they are risky. So all we have are bland, plastic chains with a few exceptions. Gina's: I don't know about their food, but they have $5 pitchers on Thursdays with a decent selection of beer. A UCI staff favorite. My favorite Mexican...

If, and I doubt it will happen, a bailout occurs, the only beneficiaries would be the banks. They would still forclose on defaulting homeowners. The bailout won't change anything. 40% reduction (or more) will happen.

I'm sorry Nirvinerealtor, while it is nice to have the voice of someone in the industry here, I have to disagree with pretty much all of your points. Points 1-4 are silly and meaningless. Peace of mind? I don't think anyone buying right now will have peace of mind for a long time...

There is a plan 3 in the MLS now (MLS S482131) <strong>$799,990.</strong> I believe this is lot 26? Not sure about that. http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=S482131&page=1&property_type=CONDO&mls=mls_so_cal&cKey=6t4m9dw3&source=SOCALMLS...

Holding on to the home for 2 years isn't much of a flip. People around here buy a home and sell it within a week for a large markup, even though they did nothing to improve the home. It's just like ticket scalping and is just one of many shady things that keep home prices artificially high.

sounds good! blog away.

The additional info about Decada is that phase 3 might be the last phase. They originally planned 9 phases.

A home that I have been watching was bought after 4 DOM, only to be put back on the market immediately with a $90k markup. 11 West Gloria (S480860) Sold 3/12/2007 $740,000 Put back on market 3/24/2007 $829,900 Seller is a licensed realtor - no surprise there. I thought...

With sales so poor in Portola, I wonder if this will delay the new mello roos funded elementary school there.

If you are buying now then I highly recommend staying the hell away from housing blogs... and newspapers The fact that people who read blogs like this one are still buying makes me scratch my head.

The only 3 story that I would consider would have a basement style room on the bottom that I could sound proof to turn into a recording studio. Some homes built into the hills in mission viejo do have this kind of build. Don't think it would work in the attached townhomes here. I hate how...

<img alt="" src="http://www.ziprealty.com/images_mls/SOCALMLS/S/47/14/30/_P/S471430_P03.jpg" /> LOL. This is the living room of a million+ dollar house. From the mls link above. Love that view.

Congrats! Enjoy your new home. Good work at least trying the negotiating angle. One thing, there are plenty of resales under $400/sq. ft in the areas I watch (woodbridge and surrounding). Add in the mello roos and I wouldn't call this significantly below resale. Do you know...

Some of the homes in university park are on land lease. They are up front about it on the MLS.

Does that guy live in woodbridge by any chance? There's a guy with a yellow Ferrari with the customized license plate HOM3SALE or something like that here in north woodbridge. The funny thing is that he parks it outside on his driveway, not in his garage.

I talked to them today also. They are going to have 7-9 phases. The third phase will be in a few months and move in will be at the end of the year. This seems to me to be extremely slow. The buyers will be stuck paying the increased HOA for a very long time. In a year I have a feeling that...

They are razing the hangar for the "Tustin Legacy Project" which will include even more homes. <a href="http://www.ocregister.com/ocregister/news/local/communities/irvine/article_1586043.php">www.ocregister.com/ocregister/news/local/communities/irvine/article_1586043.php</a>

I couldn't imagine living that close to the tracks. They lay on that horn every day. We are a mile from the tracks and the horn is still loud enough to wake the baby.

They have the land and infrastructure to build more phases, but haven't decided yet if they will. Even with the over $100k reduction, they aren't selling other than the plan 4. Best case scenario has them releasing another phase sometime after November. I don't think that they will reduce any...