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LOL... I said most. 

Wells fargo has 30 year jumbos at 3.375.  WOW...

Got your panties in a bunch?  Man you care too much about what I say.  I do find it funny how you exaggerate how long Ive been on this blog to justify your post.  However yes, I am skeptical of this bull run.  Prices have risen very quickly and beyond what most people can afford so I believe it...

Ive only been on this blog for one year...

I would get mold testing from a company that ONLY does testing.  There are many companies that will do both testing and mold remediation.  Stick with just the testing.

I think the market has peaked...

im sorry but I just had to respond to this because its such bad logic.  Rental properties can be GREAT... but you have to buy at the right time and the right place.  Furthermore, it has to be properly managed.  There are thousands of people who have lost their shirt because of the reasons...

I do not think you will see this for another five years... for that matter even another year.

You didnt lose anything unless prices drop.  I suppose you are saying this because you expect prices to drop...

I read your post twice and I honestly do not know what you are asking exactly...

It can be very complicated and I agree that rising rates are not always a knee jerk reaction to lower housing prices.  However, in todays climate, home prices will be very sensitive to rate adjustments because homes are priced at the fringe of affordability.  You already see the slow down in...

DrTravel, this will be on you.  Its pretty clear and straight forward.

I didnt say it will drag down comps.  Im just simply stating that its overpriced.  Capella homes have had a hard time selling this year for much less than this.  Homes sales in this price range has been slowing significantly and this is listed for much higher than what homes in Capella have...

Its overpriced...

future of Irvine...  get used to it

If you have a buyer and you are selling without an agent, you are already saving yourself about 6% right off the bat.  I think market is peaking right now so based on the fact you will save money on selling costs and the fact I think market is peaking, I would sell.  Also since you have lived in...

Maybe a couple of the owners decided to sell and take profits on recent price increases?

most of that land looks unusable though...

Everyone is talking about why people are selling?  Its obvious isnt it?  Prices have run up significantly and its time to cash out.  When you can buy a house from a builder at a premium and then turn it around one year later and sell it for hundreds of thousands more, then you have to just...

I was under the same impression, but i guess it depends on who you talk to.  Apparently sales are good in BP according to some people.  I call BS but I havent followed sales in BP for quite some time now...