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It's the result of very focused buyer interest: Irvine, new development, prices competitive with resales. This interest will migrate to future new developments in Irvine and compete with resale areas, which WB will soon become.

Other than that it's in Woodbury, I wouldn't fret too much about missing out. With TIC being the developer and builder of SB, I would not be surprised to see them come back later in a future development, particularly due to brisk sales in WB. They accelerated phase releases late last month...

Absolutely. But probably still want to wait it out and see how/when the market finally heals. Also curious to see what impact, if any, there will be on prices if interest rates rise.

This has probably been mentioned several times here, but the success of the new homes in and around Woodbury this year can be attributed to (1) the general appeal of Irvine, (2) new homes, (3) the fact that the new homes are priced comparably or a bit below resale comps, (4) the tax credits, and...