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<p>I was wondering if taxes had anything to do with it. We are moving here from an area in NY where my total property taxes school plus town were 2.5 - 3 % - substantially higher than the 1% taxes here in CA - and much higher than the people in ca still benefitting from prop 13. Where we lived...

<p>I was wondering if anyone has ever seen real estate numbers comparing So. Ca home prices to other areas of the country back into the 50s 60s and 70s. Has Ca always cost more than other areas in the country? Reason I ask is a couple people have told me lately that when they moved here (i.e...

<p>Are there people here who would decide to buy if mortgage interest rates were lower? I know that for us even if mortgage interest rates dropped down to 5.5 percent as opposed to the 6.5 I am being quoted now the houses here in Irvine will still be overpriced and not a smart place for our...

<p>hi potential buyer - I feel your pain! Similar situation - we just relocated here for job - probably not here forever - want to own a home but a bit scared to risk my hard earned equity on something that could totally tank! Good luck with your decision - its a hard one! We are renting at...

How is pricing something at 850 when you aren't planning on even considering that price being truthful and honest?

<p>Hi! Can anyone take a minute to tell me what an NOD, NOS and REO are? Sorry for my ignorance but I'm a real estate newbie....</p>

<p>Does anyone understand how exactly a house ends up at auction? Does every foreclosure go to auction or do some banks attempt to sell the homes in the traditional manner???</p>

We are renting at one of the Irvine company complexes <a href="http://www.rental-living.com">www.rental-living.com</a>. The website has price ranges for all the complexes. We really like it - great pool, clean apt and feels new. Also, as far as furniture goes - I looked into getting a...

<p>Biscuitninja - I feel like at this point I cannot get 2000 sq feet for under 700,000 - and even that would be pretty lucky! Thus, I would be buying a house the size of a townhouse I could rent (say 1500 sq feet or so) and then I woudl still be taking a risk of losing my equity and not...

<p>You all are great!! We don't get any points from our company - just the legal closing costs so we won't really have a cushion. We have about 130,000 to put down - I have run some numbers on calculators and if we got a home for 750 - financing 620 or so and assuming a 4% increase in the...

<p>thanks! we must have been typing at the same time becuase I didn't get your last post until I had posted! So you think 200/sq foot - it helps to hear the actual numbers that people are looking for so I can figure out what I *want/need/hope* to believe! ha ha :)</p>

<p>Is there a thread or post that gives an idea of what people are expecting the drop to end up at? I have read numbers like 30% drop below 2004 prices - things like that - but when I read something like that I don't know what 2004 prices were so I have a hard time figuring out what numbers we...

<p>Greetings! I am new to Irvine and have been reading your blog since we found out we were moving here. We are currently in the process of starting to look for a home and very concerned. We are in a situation where numerous factors make renting difficult - young kids, lots and lots of...