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When a country (the U.S.) owes over a trillion dollars to another country (China), any U.S. governmental benefits that these anchor babies may reap is essentially money from China.  But no one seems to care about this fact.

But the inflation of foreign cash buyers helped you with your $900K appreciation, no? 

This feels like an episode of Suze Orman on personal finance and financial freedom for those who want to live in high cost of living states. There's a reason why many financially rational folks move out of California every year to cheaper cost of living states rather than "roughing it out" in...

You still own the land in a detached condo except for the mineral rights (i.e if oil is found, it belongs to the builder).

Today's prices: Plan 1 (1693 sq. ft): $814,990. (Mello - $5112 per year). Plan 2 (1941 sq. ft): Temporarily sold out. (Mello - $5328 per year). Plan 3 (2019 sq. ft): $809,990. (Mello - $6041 per year). HOA: $141-216 per month. Not sure why Plan 3 is cheaper than Plan 1, but probably the...

Mayor Choi may have a soft spot for the library, because his graduate degrees are in library science.

Yeah, a school within walking distance makes life so much easier. 

I think OH has a better reputation.  PS gets a bad rap because it's close to the landfill, the new power plant that is expected to open on the landfill in Spring 2016, and the coyotes lurking.  Also, I think KB homes doesn't have a high reputation as a builder. Just google these items on Talk...

I think the biggest sell is low HOA for pretty respectable amenities, and walking distance to both an elementary school and middle school.  There is suppose to be a new commercial strip mall at Traduco and Sand Canyon but no word on what yet. 

Good luck.  The Caserta floorplans are very attractive, much more attractive than the usual, boring Irvine Company floorpans.  Caserta does a very nice job with its space.

My guess is that as long as there are new homes being built at Beacon Park, PS probably won't rise that much in value in the short term.  Buyers may gravitate to Beacon Park because it's closer to the action, closer to the major freeways, and the overall new community buzz. But once Beacon Park...

Agreed. I hate to see $700K townhouses as the new norm.

Yes, there's an extra HOA.  The Irvine Pacific homes (i.e. Jasmine) does not have the extra HOA.  The other problem with the new Caserta homes is that they're too close to Sand Canyon, which has a lot of garbage trucks driving back and forth from the landfill, and there's a bus depot across from...

I'm not sure that PS's appreciation value will appreciate faster because of the landfill and the new power plant that will be open in early spring 2016.  The average homebuyer will take the landfill and power plant into consideration and may err on the side of caution.  The science of this new...

Ellwood at Beacon Park is about 2000 sq. ft, detached, with rooftop decks, starting at the high 700s.  Seems like Caserta II is a bit overpriced, but to each their own.  Again, it's not only about today's price but the possibility of appreciation, and a detached home will likely appreciate faster. 

Any ideas on which refrigerator has the best water filter? I'm leaning towards not going with a water filtration system if the refrigerator's filter can provide decent water quality.  Thanks in advance.

But the interest rates for jumbo is almost the same (and many times, lower) than the conforming loan.  Many jumbo loans right now are at 3.875% whereas the conforming loan is at 4.00%.  But I take your point, you shouldn't go house-poor and get you a house you can't afford.  But honestly, if the...

Even if that's true, a detached home is much easier to sell than a townhouse.  In the pool of folks who can afford $700K, they are more likely than not to throw down an extra $100K to get the detached home.  That's just my two cents. 

$700K for a townhouse seems pretty steep.  I would probably go with Jasmine for a little bit more.

Anyone have updates on the next phase, and prices?