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    Irvine homebuying down 11%

    This can't be true. Someone as obnoxious as you can't possible have contacts, suppliers and a career. I sure hope you don't act this way in front of those people. Actually, I guess you didn't say customers so maybe vendors will put up with the condescending and self righteousness of the...
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    Irvine homebuying down 11%

    It is clear that everyone ganging up him now are pure TIC paid shrills who are trying to drown out the message of the "people's champ." Just check patrick.net and it will tell you all you need to know.
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    Irvine down 50% from peak?

    very true...another confusing factor for fcb is that "local" asian buyer isn't really the buyer. have a co worker buying for wealthy foreign inlaws who don't want to go thru literally "forgein" paperwork they don't aren't familiar with so they asked the person to buy in their name instead, all cash.
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    Irvine down 50% from peak?

    There was an interesting conversation on pricing S&P index in gold because the dollar is going down in value so much. Looked at that way, the S&P wasn't actually performing as well as it would seem in dollar terms. If the same were applied to RE prices, priced in other financial...
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    Never again...again

    Another interesting article on RE bubbles. http://online.wsj.com/article/SB10001424052748704740204576272720044918328.html(its paid so not sure you can see it) But some highlights from article. Prices of Hong Kong properties jumped 24% last year on top of a 30% surge in 2009, according to local...
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    Mariposa - Laguna Niguel

    USCT, how long are the SG MR for? 20 years?
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    Mariposa - Laguna Niguel

    Isn't the SG MR alone adding a huge cost which has to be capitalized for a equal comparison? Depending on discount rates you use and how long the SG MR are for, the potential capitalized cost of that MR can add tens of thousands to cost. Understand your point about 4br, but these are clearly...
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    Northpark Flip: 2 Malibu

    well half of that dream is already "come true" or maybe "born true"....you are well on your way.  :D
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    Quail Hill SFRs still bubble-licious...

    Curious, do you have a preference for QH over TRidge?
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    Quail Hill SFRs still bubble-licious...

    lol. yes first thing I did was check patrick.net. The fundamental value was 617k! I drool for that day...
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    Quail Hill SFRs still bubble-licious...

    great well thought out answer! In the area of hypotheticals then, if you had wanted to spend 1.2M on your QH home, based on your 7 to 10 year outlook, would would you wait or pull the trigger because you simply got tired of waiting and simply gave up on the market self correcting in QH?
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    Median income vs Median Home values

    So this question was posed a couple of times on the IHB and other places but never quite answered so wanted to get the thoughts of TI folks. Are current prices a function of median income? Median income is often pointed to as one of the key indicators to point to homes being priced "properly"...
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    Quail Hill SFRs still bubble-licious...

    If Chantilly was 1M, would you finally buy again? Or would you wait based on fear of further declines?
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    Quail Hill SFRs still bubble-licious...

    IHO, what do you think this should be worth? You always talk about what other people thought of the market back in the day, curious on what you think this is "worth" (not what it will transact at per se).
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    FCB are different!

    haha...or maybe...its called I'm so rich, I am afford to be stupid with this mere chump change. Or from when the commerical RE market crashed in the very early 90's in US after the S&L crises, people said we would never each those crazy heights. Or when HK prices peaked in 1997, those were...
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    FCB are different!

    http://www.marketwatch.com/story/the-worlds-hottest-real-estate-market-2011-04-19?pagenumber=1 The world?s hottest real-estate market? Commentary: Foreign ownership may hold the key to London By Brett Arends, MarketWatch LONDON (MarketWatch) ? Is this the biggest bubble in the world? I...
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    Rebuild cost per Sq. Ft. in the OC

    I have tried both and I found for me personally, Geico was hundreds cheaper. Ameriprise couldn't touch my personal geico rates and the home owners is originated by Geico but the underwriter is Travelers. Funny but Geico's quote was lower than Traveler's through their own agent and a direct...
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    Rebuild cost per Sq. Ft. in the OC

    I have received build on quotes ranging from $150 to $250 per sqft in the past 12 months but I heard that rebuild is a less per sqft construction wise because less concerns of how to make it work with existing structure. Biggest issue might be the quality of the materials used on interior (bath...
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    The impact of Irvine home prices if 30 year fixed mortgages rise up 7%

    Panda, wasn't the inflationary problem one from the 70's not the 80s. It seems so much of bond markets pricing is really driven by credibility of the Fed to fight inflation. So gold might have peaked from its momentum until Volcker took over in the 80's and regained market creditability for...
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    Current thoughts in 2011...

    don't they also make allowances for the unit being empty some period of time during the year and of course the dreaded maintenance. But even so, seems like a fantastic "cap rate."
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