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IR2's spreadsheet clearly shows large $$$ downpayments on 1M or in my quick sorting 950K to 1050K had an average down payment of 58%, that's huge. The only "income" they needed was to qualify for a conforming loan for $417K. When I was growing up in Monterey Park, there were number of...

I think it's the other way around, Hmart is here because there already is a large korean / chinese population. With the Kia motors IT headquarters off of Harvard and the Korean church just south of the diamond plaza, there's plenty of demographics to support the store. I've never heard of a...

TJ's at Woodbury may not be too profitable, if at all, but it still has to be waaay better financially than the Ralphs at the same location.

Sounds like a politican or used car salesman to me.. oh my, "help me, help you" what's next "you want the truth?"...

For many homes on the market, it's not the willingness of the sellers to negotiate, it's the financial ability for the sellers to negotiate their asking prices. If they own 1M on a mortgage, any offer you put is below their mortgage is likely to be rejected or sent to the bank for a short sale...

IPO, Out of curiosity which areas are you focusing on for low Mello-roos. VoC, Quail Hill, WB, Portola Springs, etc all have high mello roos. Northpark, NW Pointe, and to an extent Turtle Ridge have much cheaper mello roos than any of the communities from 2004 and later, where mello roo...

A quick sort of IR2's spreadsheet, homes in irvine which have sold from 950k to 1.05M had an average down payment of 58% and not surprisingly more than half have a mortgage loan of $417,000 or below.

IMO, income level is rather moot, you either qualify and are able to get a loan or you can't. Income level isn't the sole qualification for a mortgage level as other assets and net worth can come into play. Let's not put "affordability" into this mix, because as we've seen there are lots of...

Just check out the blog posts here, each home featured has an "income requirement". A $1M home probably has a min income of about $250K with $200k as a down payment.

This map is part of a presentation that I linked to in this <a href="http://www.irvinehousingblog.com/forums/viewthread/94/P50/#20173">Post #90</a> earlier in this thread (page 2).

<img src="http://www.kiso.net/images/ohmap.gif" alt="" /> This is most likely outdated but zooming in using Photoshop there's a lot mixed use properties and not a lot of super-duper large lots like Shady. The lower right hand side seems to be single loaded streets like TRidge, but even the...

You may also want to check in with a Realtor. Seriously, they probably know a lot of clients who are not in distress, who are trying sell, but the market is not moving much inventory. Their clients may lease it out instead. The realtors I know typically didn't like to do rentals and leases...

DOUBLE Post... looks like I can't delete posts?

The $1 off is "If you visit outside the grand opening hours,..." There's some good reviews for Cantaloop on yelp as well as comparing it other "froyo" places.

IR2, I'm so glad you have a sense of humor and thick skin!

A&E;should contact prior flippers they've featured in their flip shows. I'd figure some of them are in distress right now and could use the help/exposure.