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    Observations from the front lines of the Irvine housing market?

    High end is almost selling at peak price as well. http://www.redfin.com/CA/Irvine/23-Trumpet-Vine-92603/home/5901271http://www.redfin.com/CA/Irvine/21-Highpoint-92603/home/5900893 Both properties ask for $2.6M and go pending quickly.
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    What is being developed across from Cypress Village/ adjacent to WBE?

    Good find! It's amazing that we will have two Walmart stores in Irvine while many other cities refuse to approve any Walmart stores or even kick them out.
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Yes, the market is good and westpark houses are selling at 2005 price. Listed at $729k and the seller may take offers at $710k. The comps are selling around that price...
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    [IHB] Open House Review: 56 Shade Tree

    It's not a SFR. It is motorcourt detached condo. 2300SF and only 2 bedrooms? What a waste of space!
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    You are a Chinese immigrant, inherited a million dollars, just moved to Irvine

    You will get burned badly if you are selling nake calls instead of spreads as VIX may shoot up 50% in one day.
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    [Open House] 34 Santa Comba-atta and the Soulsonic Force

    $845K is a good price. One of my house with the same model sold last year for $880k.
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    Irvine Foreclosure Data

    8 Blackbird is kind of special. It was second lien foreclosure. The loan was held by a small mortgage company. The mortgage company is not willing to take losses. It seems the house is rented out and the company is waiting for the price to recover.
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    [IHB] Kings of their domain

    What is attached SFR? The association fee for real SFR in Northpark is $155/mo. This unit has another condo association that charges another $150+/mo.
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    [IHB] Kings of their domain

    10 Mineral King is a detached condo as well. For a real SFR with 2477SF in Northpark, the price is $850K+ for a standard sale.
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    If you had a $1 million USD

    I will buy two 4-plex in Santa Ana or Anaheim. The net rental income will be more than $6k per month, 7% return plus potential for appreciation. Alternatively, I may buy five SFR in Corona, higher return with lower potential for appreciation.
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    Is lot size from public record always correct?

    He has many regular listings in Northwood like this one. On the side, he is part of an investor group that buys foreclosure properties to flip.
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    Is lot size from public record always correct?

    Is agent liable for misrepresentation of the lot size? He has been flipping for more than two years.
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    IRVINE COMMUNITY LAND TRUST buys resale property for affordable housing?

    The Irvine Community Land Trust (ICLThttp://www.irvineclt.org/) is an organization, established in 2006 by the City of Irvine, dedicated to providing affordable housing opportunities for the community and region.  The ICLT develops and preserves both rental and ownership units. It paid all cash...
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    Is lot size from public record always correct?

    Check the following listing:http://www.redfin.com/CA/Irvine/11-Columbus-92620/home/4795244 The lot size from the description is 7000SF. At the bottom, the public record for the lot size is only 5250SF, a huge difference.
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    Laguna Altura is zoned to University High

    Are you a troll for Irvine company? The news is only for University High and is not related to Laguna Altura in particular. You are just promoting TIC with the news.
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    [IHB] How Will the Orange County Great Park be Built without Redevelopment Money

    Why do we care about the Great Park? It's a concept that killed an airport in Irvine which is already good enough.
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    Chinese, where would you live?

    Around $1800/mo cash for live-in nanny.
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    Chinese, where would you live?

    Yes, immigration sponsored by adult siblings, which took more than 10 years in waiting.
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    [IHB] Open House Review: 18762 Via San Marco

    Why is still not pending after on the market for 48 days? Those offers must be lowball ones.
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    [IHB] This Old House, or Brand New Beginnings

    I would pick SFR 16 Bragg over detached condo 88 Twin Gales without any doubt as 16 Bragg is at the end of a big cul-de-sac street and cost almost $600 less per month. You also need to consider land value. In 10 years, 88 Twin Gales will become just another dated condo and lose value fast as...
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