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    Thoughts on Avenue one.

    It's so great to revisit these threads. The first post is about a 1 BEDROOM for $385k and now they have 2/2s going for $300k. Hey, it was a horrible deal in 2007, and it's still horrible.
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    Contamination under Irvine

    After seeing the plume map in one of the other threads, I wouldn't want to live on or even near it. I tend to be skeptical of big entities telling me everything is "okay" when it's in their best interest for me to think so. Calculated risk right? I mean I drive to work every day, risking...
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    O.C. rents dive 6.8% in 6 months

    It also means I should ask my landlord to whack 10% off of my own rent when my lease ends in August. She's already trying to lease a nicer unit for the same price I pay (small 5-unit building down by "Brightwater in Huntington Beach" haha)
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    Brightwater Huntington Beach reduced 300k?

    Anyone noticed the trailers on the other side of Bolsa Chica (the other empty lot)? Were they there for Brightwater in Huntington Beach or is the other parcel being developed? Hehe, another thing I noticed when I go on runs past Brightwater in Huntington Beach is the racket the frogs make in...
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    Getting Margin Called Sucks...Poor Buffet!

    Damn...That'll put a dent in his lifetime annual return...a small one, but hey.
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    Rent x 160 condo in Westpark?

    Doesn't the 160 multiplier need to be adjusted down for HOA, Mello Roos? This place has both, and from the looks of it they are an extra $400 per month together.
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    Tremont - Fountain Valley

    I visited these today. You can definitely hear the 405 from your front/back yards and the garage. The models are the farthest away, too...I wonder what the lots that abut the sound wall will be like. I have read and do understand what you guys have said about KB...but I just wanted to say...
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    John Laing Hoes Bankrupt?

    They had a project in the world called Blue Canvas in Huntington Beach that I've been watching, but now it does not show up on the map.
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    VOC - $167 per sqft

    I searched for this one and couldn't find it here. This one is an odd duck to me. Look at the listing history. Listing is put up, dies in a day or two, then comes back in a month or two (falling out of escrow?).. I guess that's why I never noticed the low $/sqft. I love the $15,000 per year...
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    It is important to design products for what buyers could afford. (DO NOT TAKE POLL: POLL CLOSED)

    I'm in one of the lowest brackets, but then again, I'm probably one of the youngest here and I only got my MBA 6 months ago :D I'm comfortable with that... actually, I like learning from all the old pros here. That's actually what attracted me to the blog in the first place!
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    Shady Canyon

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    Shady Canyon

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    Anyone been watching the Towering Inferno at Marquee Place?

    Even if it isn't, it looks like a hallway is just trashed. I was reading apartment reviews for a while a few months ago before the move. I looked at this late model building in the CSUF area...and heard nothing but these kind of stories. I steered clear. With such a premium for the property...
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    Huntington Harbor Flip

    <a href="http://www.redfin.com/CA/Huntington-Beach/16533-Harbour-Ln-92649/unit-22/home/5284099">http://www.redfin.com/CA/Huntington-Beach/16533-Harbour-Ln-92649/unit-22/home/5284099</a> 16533 Harbour Ln #22 Huntington Beach, CA 92649 Beds: 4 Baths: 3 Year Built: 1968 On...
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    Los Caballeros condominiums selling call options in a declining market

    Yes sir, you are quite correct on this. They clearly misstate the sellthrough on their developments. Since I posted they have provided a more detailed breakdown of who has bought, etc. It seems that "FV Rentals" has bought several units there (The owner selling it to himself?). There are...
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