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I'm lead to believe by my conservative friends that Obama will be ousted in 2012 and then sunshine and glory will fall on the nation healing the economy and housing will then skyrocket.  In that case, TIC only need wait a year before sales pick up.

So 20~30 more years of foreign cash buyers and then they will all be domestic cash buyers?

Yay, the money topic is back.  First I would like to mention that USC, I, and others say 10~15 years is fine because we simply cannot see the housing issue lasting that long.  However, we are not fortune tellers and cannot predict that it will be.  Second, what is the timeline of your purchase? ...

Now that tickled my funny bone.

I think they were doing $7,500, don't know about now though.

Have you looked at The Ridge in Mission Viejo? http://www.lennar.com/New-Homes/California/Orange-County/Mission-Viejo/The-Ridge

Yeah this, they get rid of it and there will be a massive issue with delinquency again.  Which would drive home prices down...

It isn't an if, it's a when.  They will do it, could be a year could be a few decades.

I can't find it on a quick google, but if I recall it is in the disclosures for all the PS constructions.

Yeah, there are tons of places in Irvine and outside Irvine even, what parameters are you looking for in a place?  Maybe the forums can help you expand your options to something you like more.

There are "plans" to connect portola in irvine to portola in foothill, so in a few years you won't need to use the toll road.

If you find a place you absolutely love (actual, not the model) then go ahead.  I was close to buying in Ironwood personally a few months back, but didn't.  Since then prices have dropped 20~30k on their units.  That's what I would worry about the most in Ironwood, people don't want to buy...

Ain't nothing wrong with people think you smart!  Except when you are terribad at math as an asian, for then you are SHAME!!!

That's no different than the leap to thinking an attractive person is gold digger or shallow or stupid.  The person who thinks they got swindled can just as easily think they got a deal because the seller was passing a savings on.  There is a difference between stereotypes and prejudice. If...

So, like qwerty said, stereotypes are as such because they have some for of factual basis.  Now, keep in mind I didn't not say Jews were cheap. Like IHO said, I don't see how "being smart with money" is a bad thing.  If someone came up to you and said "All (enter your race/gender combination in...

I'm Jewish, and my family would kill me if I bought a place knowing it was going to go down in value.  They have raised me to factor costs as part of my desires in a purchase.  That a better explanation?

Something seems so wrong with the notion and "average Joe" would have 100~200k just lying around.  Maybe an average OC'er, but average in OC ain't nothing like the rest of the country/world. I'm proud to say I'm debt free and banking a few grand every month for my "buy a house/move to Israel...

PS s going to be the best bet then for new and quick.  If they can wait, there will be more areas opening up over the next few years in Costa Mesa and Lake Forest as well as Irvine I believe.  If they can't, I think San Carlos Court still have a few places open.  Personally I'd say avoid...

Sale prices are typically lowest in February from the info I follow.  though you can get good Christmas deals exploiting the holiday season mentality.  Yes inventory is typically not as high, I guess I'm not as selective as most.  I'm not certain I agree what inventory is low.  Last time I...

Not on the plan 2, those are they only units they sell in Esplanade.  4 is the hardest sell they have, can get a good deal on those.  I don't know the current house your parent's have is valued at, but I would buy in Irvine if it is going to cost as much or more than what they are leaving.  I...