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Ramos House is great....though only open for breakfast and lunch. We've also tried Sun Dried Tomatoes and liked that quite a bit. Cedar Creek Inn is just OK...though it does have live music. I like Tannins quite a bit, an italian restaurant with a wine bar. It's on Ortega on the...

Rents have been falling pretty rapidly since October in pretty much all of Orange County. As long as the job picture stays the way it looks now, expect them to keep falling.

1 bedroom apartments in Aliso Viejo rent for about $1300 to 1400. So if you can buy it with a 30 year fixed mortgage and a total payment including taxes & insurance of $1000 how is that not a good investment. As long as you are comfortable owning it for the long term.

Hmm, not sure why Thomas' analysis didn't include 'after all, the weather is great' and 'they aren't making anymore land.' He seems to be missing out on a couple of the big drivers of this upcoming rapid appreciation.

For those interested in this project, I heard from 2 sources today that a buyer is in escrow to purchase the note on this property from the lender. The buyer is a large, insitutional apartment investor that intends to convert the property to apartments. I don't know a price, but the fact...

Ten, you are right that sellers are slow to move. Similar to the single family market, the market is being made by the truly motivated sellers. So far, there aren't very many of them that have been willing to meet the market. But where sellers have met the market in the last 60 days, it has...

Those 'rent to roommate' situations typically result in very high turnover of tenants, especially among younger people. I would assume that your room is going to be vacant at least 20% of the time.