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  1. code7700_IHB

    Bath Time: Was Listed at $800K -- Now $610K

    This large price drop caught my eye. Listing went from $800K to $610K. But based on the photos of this home (or lack thereof), $610K still seems sort of high. No interior photos normally means "ugly inside" or worse. Hopefully this is just the first of many such drops...
  2. code7700_IHB

    What is the deal with these Laguna Hills "Modern/Hi-Tech" Homes?

    I prefer Tuscany or Spain than Buck Rogers in the 25th Century.
  3. code7700_IHB

    HousingTracker.net shows OC Median Below $500,000

    Looking at this weeks data seems to be more or less unchanged (61 more listings). I wonder how long until we break the 20,000 listing mark again? Last time appears to be, uh, never. At least not in the weeks since this guy has been tracking data (April 2006). Format is: Date...
  4. code7700_IHB

    Dozens of Homes Magically Say "Backup Offers" -- Something Smells Fishy

    I do not believe these to be short sales. Through the advice of someone on this site, I signed up for ForeclosureRadar (FR) and MelissaData (MD) and checked out a few of these places online. FYI, I thought (based on the first property I pulled up [S522357]) that maybe they marked it as...
  5. code7700_IHB

    Dozens of Homes Magically Say "Backup Offers" -- Something Smells Fishy

    There has to be one agent out there that is getting the E-mail (the one that says, "Try this trick.") who has the guts to report his fellow co-workers to the MLS. But then again, maybe not. Of course, less agents in the picture means more turf. :)
  6. code7700_IHB

    What is the deal with these Laguna Hills "Modern/Hi-Tech" Homes?

    Reminds me of that old joke... where you would come home late at night and walk into the wrong house since they all look the same.
  7. code7700_IHB

    Dozens of Homes Magically Say "Backup Offers" -- Something Smells Fishy

    One of my MLS "watch lists" is turning up an unusual number of homes listed as "Backup Offers" or "Hold Do Not Show" -- and while I am far a conspiracy theorist, this seems a little odd to me. I find this data hard to believe given the state of the market and the fact that many of these homes...
  8. code7700_IHB

    What is the deal with these Laguna Hills "Modern/Hi-Tech" Homes?

    On the way to the beach the other day, we took a detour through Laguna Hills to see what "no mello-roos" land looked like. And while there are some nice parts of Laguna Hills, there was one neighborhood that just freaked us out...
  9. code7700_IHB

    Bad math? Or bad real estate agent?

    OK, here is a strange one. On our way back from lunch today we stopped by a few open houses. One of the homes looked very nice. They were asking $725K. I took out my mobile phone and went to www.melissamobile.com (Melissa Data) and it showed the last sale price was $820K in mid-2006, with a...
  10. code7700_IHB

    SS Listing Price Increases and Skitzo Homes

    I had a similar thread on this topic. http://www.irvinehousingblog.com/forums/viewthread/2379/ My advice? Step 1: Laugh Step 2: Ignore
  11. code7700_IHB

    "Your taxable value has been temporarily adjusted due to market conditions existing on the lein date, January 1, 2008."

    A few weeks ago I saw an OC Register article titled <a href="http://www.ocregister.com/articles/property-appeals-assessment-2065285-board-appeal">How to appeal your property tax assessment</a>. Needless to say, this was something I wanted to do and I had planned to contact them next week...
  12. code7700_IHB

    HousingTracker.net shows OC Median Below $500,000

    I'll send the guy an E-mail and let you know what I hear. It just doesn't seem right. But stranger things have (or will) happen. :)
  13. code7700_IHB

    HousingTracker.net shows OC Median Below $500,000

    I've always found <a href="http://www.housingtracker.net/askingprices/metro/California/LosAngeles-LongBeach-SantaAna/SantaAna-Anaheim-Irvine">http://www.housingtracker.net/askingprices/metro/California/LosAngeles-LongBeach-SantaAna/SantaAna-Anaheim-Irvine</a> pretty interesting. In the past...
  14. code7700_IHB

    Questions about the Foreclosure Process and ForeclosureRadar

    I only care about California. :) I guess the trick for me will be to see how I can use the data to my advantage in the way I stated above. One funny story on this, I matched a house on the MLS (one that was having an open house yesterday) against a notice of default on ForeclosureRadar. The data...
  15. code7700_IHB

    Questions about the Foreclosure Process and ForeclosureRadar

    I have noticed that a number of my favorite web sites (e.g., www.irvinehousingblog.com and www.southoctracker.com) are using www.foreclosureradar.com to source data. While I am not ready to jump into the market yet, I did want to check out ForeclosureRadar and learn about it so that when...
  16. code7700_IHB

    Agents raising list price on MLS just so they can lower it later?

    Seems odd to me. Just saw another one today: http://www.redfin.com/CA/Mission-Viejo/27171-Pueblonuevo-Dr-92691/home/5078697went from $649,900 > $670,000. Last sold for $665,000 in March 2005. That might support your (freedomCM) logic.
  17. code7700_IHB

    Agents raising list price on MLS just so they can lower it later?

    I've seen a number of homes where it looks like agents are raising list price on MLS just so they can lower it later. My guess is they're doing this so they can show "reduced" in the future. Do they really think people are the dumb? Even my next door neighbor (87 years old) knows how to...
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