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I think it'll help, the banks aren't looking through rose tinted appraisals. Even if it's a short sale, it's a recent sale, which the banks will use as a basis to determine loan value. Banks will pressure prices unless buyers are willing to lay down more cash. Even at 366, it's just barely...

Nice!! Great to see IHB mentioned out there other than the OCR.

Shin Sen gumi gets my vote... hmmm Ramen and gyoza. Oishii :)

I voted 2002, but I suspect outlying areas like the IE would dip further. I wonder how many people will start moving (renting) in Irvine instead of commuting from outlying areas?

I don't really track multi-million dollar homes, but $500K below 2006 is just the tip of the iceberg. These homes are the last to fall, but will fall and fall hard. I agree, it will be a comp buster and an eye opener for others trying to unload their homes. Until I see $1M+ under 2006, it's...

Looks like it's off the market? the Redfin linky isn't working.

I have it TIVO'd it was recording both the Celtic Slaughtering the Lakers and Flipping Out. I guess I should have watched flipping out instead of flipping out myself... :(

Has anyone seen this <a href="http://www.ocregister.com/ocregister/news/local/data/salariesincomefinances/article_2044448.php?appS">OC Deputy Salaries</a>? Wow, there's a few who have made over $100K in 07 just from overtime. A few making over $200K, a large portion from overtime. I can't...

Well, we can be Orange County sherriff's as it appears half of them make at least $100K a year with overtime.

HS, everyone has their own rationalization of making a home purchase. Being close to the beach for me is not even on the list. We may go to the beach 8-10 times a year, but it's not enough to warrant spending an extra 75+ minutes every workday driving into the Irvine Spectrum from HB. Old...

Ah Peter, that's only 35.5 GBP ;)

is PANDA and PANDA DREAMING OF IRVINE the same person? They have the same avatar. If so, why are you using two different accounts?

If rates get near double digits, I think 419K median is high, I bet it could go lower. Now that's assuming wages don't increases inline with inflation. It's pretty hard for corporations to dole out large COLA adjustments when they are being price squeezed left and right. How many companies...

In september the window is 20-30 minutes, but there's plenty of other shots that can be taken. IMO, the engagement session should try to capture the two of you as couple, what do you like to do together, common interests or even competing interest, shots at each place. But, most people just...

Is this an engagement shoot? I prefer shots taken during the early evening, this time of year, there's a good 40 minute window where the light is warm and you can get shots with the sun setting the background. Beach shots are always great in this type of setting.

I think this fall and continuing into 2009 is when we'll start to see some pressure, REAL pressure on the higher end communities and homes. The starter homes are already being pummeled, but with REOs coming to market, interest rates, and a probable recession, the banks will price to sell...