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Good lord, GET NEW AGENTS!

ipoplaya, btw, what color is that on the walls? It's nice.

Indeed, grats! It goes to show you, what pricing it right, good pictures / staging, and a good agent will do. You'll never ever chase the market down. hehe, now ipoplaya can start looking for his next move up house :) (I would wait till at least January). Grats.

Thanks for the link. Yeah, we knew Bren had the $$. I loved the link on the bottom. "O.C. rents 6th highest in the nation" http://lansner.freedomblogging.com/2008/07/08/oc-rents-6th-highest-in-the-nation/ That's explains why Bren is building 1000 units over by Woodbury.

$608,000.

With 130k a year and 10% down you can swing a 580k place...with a good fico.

Pardon the bad typing. Stepping, I think at 85% of the new TLV means ANYONE can qualify for this stupid program. :(

This sucks for people who didn't get those shitty shitty option-arm zero down loans! Now your dumb neighbor only owes 500k for his house and you still owe 600k or you 30 year fixed. WTF?!

PPSF is based on location. The spaces near Target in the back 40 are cheaper than the ones by the theater or Apple.

I failed to mention the two brand new office towers are completely empty save for half of one floor. Most of those restaurants need the high-end lunch/dinner crowd which the two towers promised to do. Then went the mortgage industry. :snake:

I don't know, but that space is huge. It will be a high-end restaurant/bar. The yard-house is now always packed.

Okay, this is perfectly done. Nice staging, perfect 28mm camera lenses, perfect price. I voted 1 month...but it should get a ton of offers and get snatched up. This is how you sell a house.

The issue with this inflation cycle is that wages aren't keeping up with cost of living.

Yeah, Fox Sports Grill is now gone. Everything was ripped out. I counted 14 empty store-fronts.

Yeah it depends on how he prices it...and what his % is. If he prices it low and creates a pandemonium buzz, then slyly accepts a higher offers he can sell it within 1-2 weeks.

Yeah, it's for sale...new owners only have one choice...apartments then wait out the slump and convert them (back) into condos.

If you can swing the 1M without hardships, go for it. Especially if you are going to be there 10 years. Now, if you are going to have a hard time with the payments, then walk away from the deal and find something cheaper.

2002. It won't get any lower than that UNLESS there are massive layoffs in OC/LA.

hahha, yeah funny stuff. If the market is that good, ask them why they stopped making houses.