Search results

I like what's happening here. Let's see how long it will take for properties like this to drop as low as $250k.

<p>Look at this one. Check out the price reductions.</p> <p>MLS #: U7000785</p> <p>Only 56 days on the market and $69k reduced in less than a month. That's the right idea, keep on dropping. </p> <p> <strong>Price Reduced: 03/13/07 -- $429,000 to...

<p>I see you are new to this forum, welcome! There has been a lot of discussion with the relationship with rents vs price ratio. You will probably have to do a search to find that stuff. People here have discussed that if you take current the current rent price for a particular property and...

<p>Tell the seller I'll take it for $500k. </p> <p>Good job on keeping track of that. I'm priced out of OC real estate for a while so this stuff is good news.</p>

<p>Good question. I see seller incentives sometimes and always wondered about that. </p> <p> </p> <p>dayday</p>

<p>There are a lot of high and mid rise condos in development right now. And of course most of them will be priced very high. Since I'm assuming the market for these type of "urban" and "luxurious" condos is very soft, do you think that leaves room for even more depreciation for everything else...

<p>rkp,</p> <p>That is quite interesting. I've been watching these and properties similar and it is very obvious they are not selling. If you search them on zipreality, you'll see that most of these are dramatically reducing their prices. The ones that haven't reduced their prices have been on...

<p>Currently, I see 1bed/1bath 635 sq. ft. Watermarke Condos going from $355 to $399 range. It is obvious that the market for these types of condos is very soft. Realistically, how low do you think these will be? And how long until we start seeing rock bottom prices?</p> <p> </p> <p>-dayday</p>

I saw that Woodbury Studio for sale too. I looked at the floorplan and thought I was trippen. I don't know that area to well and I hear it is a really nice development but that is a "wtf were you thinking price!"

<p>IIIrvine,</p> <p>Thank you for your response. I don't plan on buying immediately, maybe sometime in the next year or so. Until then I am going to continue renting. It does seem like rental prices are high. The "urban living" does appeal to me I have to admit. I just wonder how prices will...

<p><em><a href="http://forums.irvinehousingblog.com/account/76/">back2irvine</a></em></p> <p><em>so now with all of us convinced that 2008 as the year to buy...are we just going to flood the market and drive those prices back up?</em> </p> <p>Good question back2irvine. If we all wait for...

<p>IrvineRenter,</p> <p>Thanks for your enlightening insight. It is good news for those who can wait 3 - 5 years but bad for me who is looking to get a place sooner than that. Where are you getting this information from? Multiplying the rent prices by 150 sounds like a good deal for Avenue One...

<p>Thanks for the information guys. I am learning a lot. I will be in the market to purchase a condo in Irvine in possibly the next year and I was looking into Avenue One or Watermarke condos. It is obvious that you can get a much better deal looking elsewhere but I appreciate the amenities...