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I went to check out a house in Cortile Woodbury area. On the way home, I actually saw a cop in a car pulling over another driver in Woodbury entrance from Jeffrey where the Woodbury towel is. Be careful there folks.

I started this thread to get general feelings from the public. Depending on different angles looking at the real estate market, each one of you all has given excellent points. Believe me guys, I don't let these opinons affect my decision.

do you realize how many gallon of gas or oz of gold you could buy with $350K in 1995 ? Do you really think median home price in Irvine will go down to $350k? Do you think average income now is the same as 10 years ago? You have to take in account the inflation. Most economists use gold...

i think irvine real estate will go down another 10% at most since it's one of the highest demanded area due to good school, crime...and due to its geographic location (middle of orange county, minutes from the beach, shopping...) but if we all can predict the future then we all are rich right?

villagepeople I really appreciate your input. Our gross income last year was little more than that last year and we got taxed badly. You see I work in a "recession proof" company. The more houses go into default, REO, FC, Loss Mit, Pre FC, the more business my company gets. BTW, I...

I am not so concerned about H.S since it'll be another 14 years before my 2 months old baby (yes my wife is pregnant) will go there. The reason I ask is because when I looked up H.S locator from IUSD. For Woodbury, it's pointing to Irvine H.S but there's a little fine print saying that area...