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It's not just OC (Irvine, AV, etc), it's all over the country. Bay Area neighborhoods, where I am actually currently searching for a property, are down 20% to 40% YOY. I think Calculated Risk has the best take on what is transpiring...

The Chinese, now the Russians. Where will Xenophobia take us next? I'm going to call it now, Ivory Coast Africans with bags full of precious diamonds.

@Homer: I can neither confirm, nor deny that! (for security purposes of course) @rkp: I haven't been reading Motor Courts post about Woodbury recently, but he did preface his post with: ... which lead me to believe he was listing reasons for why these Woodbury models are trading below what...

I'm not sure that snark is a fair counter-point. Isn't any buyer purchasing decision based on maximizing utility? What laymen refer to as "value" is really just a cognitive model of utility involving qualitative factors. For example, I may love a brand new 458 Ferrari Italia, but at $275,000 a...

What is the deal with  86 MAPLETON? It's been sold 4 times in the past year.

I heard that asians would save prices back in 2010. Yet Irvine is 2 years down YOY.

qwerty passed Panda's intelligence test for Mexicans. Panda (Baby Irvine) said he found qwerty intelligent or knowledgeable for a Mexican.

Well, you did pass the Panda test, but I'm still not convinced.

qwerty can only be in our club if he goes through the initiation.

I'd only be interested in a nude, or partially nude calender. The upside isn't there with your standard PG13 material anymore, just look at the  subscription numbers of Playboy over the past 10 years.

One where the loser gets to live a life without financial worry, live where ever she wanted, take vacations where ever we wanted, provide her children with every necessity, and even opulence, that she so desired, with a loving, handsome, motivated husband, who is ambition, dashing, and charming...

Irvine is on the list, just a lot further down.

I never claimed that there was harm on your part USC. You know me well enough (through our private communications), that I'm fairly open when it comes to my opinions, I tell it the way I see it, especially if someone is asking me why I think a certain way. People on this forum ask me for my...

Indie is already spoken for. But I find it interesting that detail was included in the post. Helps me get to know trace a bit more.

Not the best, but not the "worst". The actual square footage on the home I did end up buying is a bit bigger than 2,000 sqft, but there are certainly much bigger homes in CDM than mine.

I'm not saying your opinion is not well thought out. There are people who can come up with well thought out opinions as to why the next card in a game of black jack will be a face card. You can't compare my opinions on the housing market to my outlook on interest rates. Housing prices...

Interesting comment. Noted.

Qwerty, dig at me all you want. Being smart, doesn't mean fortune telling. Paid opinion or not, no one knows what will happen to rates at a 6 month scope, which was the original question. Given all the turmoil that SGIP and USC have mentioned, it adds even more noise to the equation, not less...

Forbes 2011 Most Expensive Zip Codes in the United States:http://www.forbes.com/lists/2011/7/zip-codes-11_land.html #48 92625, Corona Del Mar, CA - Median Home Price: $1,905,715 I'd say that's solidly 1% for the U.S. Guess what Unicorn city doesn't even have a single zip code show up in the...

My background is in finance. I worked a 9-5 job for a brokerage in my younger years. As for what my current job is, it would be hard to explain since I have my hands in numerous areas, entrepreneur fits best. I guess you could say my bread and butter is "creative finance". I have an "office" in...