I think if you need a place to live and not look at it as an investment, it's ok to buy even at today's prices. looking long term, we all should do quite ok. with that said, go buy that 40 Modena place at Laguna Altura. You won't be disappointed.
I doubt this will be sold so fast. In fact, I think they will have to drop the price to get it sold.... only time will tell, maybe as soon as this weekend? hahahttp://www.redfin.com/CA/Irvine/40-Modena-92618/home/40439233
You see this with Asian families mostly. They would open up all windows, even after moving in months after. Maybe it's really the concern for hazardous air or just to save electricity using mother nature AC, for a million + dollar home ;)