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Mainly retirees with a small down payments, and no retirements. It's okay I guess, but like others said...I thought these were to help teachers. :)

Bren will just sell the lots to another developer...with new plans. Basically, you should be able to buy one of the 4 houses that no one else has. Hands off the one with the outside stairs in the back. That's a nice plan.

We have talked about this before, those condos just arn't going to sell in the next 10 years. and those condo homes..raz them while you are at it.

I knew it!

Bren could push dirt around for another 10 years and still not feel any pain. They made so much off the last 10 years, I wouldn't be surprised if he was burring his cash up on those hills.

I suspect a large number will convert to the new FHA loans. Most for those loans will qualify.

How about spend 200k more and get a Serra in PS? Much bigger house with a ton more land, city views, and a better builder?

A few of the weaker borrowers were holding out for the rescue...banks were also holding onto the foreclosures until after, as well.

Mexicans marry more on family lines, church and skin color. so...that makes then exactly like Anglo-Saxons.

Both are great reads. :)

That's a $2800 rental in Irvine.

Bad photos, bad staging, bad writing, bad realtor. Good price to attract attention...s-can the realtor and find someone that knows how to sell a house in a down market...someone PRE-2003.

Yeah, they need to come down to the $300 PPSF level.

Only another 10-15% tops. The US dollar is now only worth HALF as much as it was worth back in 2000. So...Irvine's medium price should bottom somewhere in the 5's.

Arrest them all.

This might be why...lol...fed to the rescue! They vote on it this week! http://www.bloomberg.com/apps/news?pid=20601087&sid=aJft6iw0H_Pg&refer=home

Instead of pricing it right, they chased that market all the way down.