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It?s because people who purchase all cash refinanced once they closed with super low interest rates. It makes more sense having some debt than tie all that cash into an illiquid asset (unless you?re a FCB with no SSN or credit). I?m a Irvine pumper, but saying interest rates don?t affect Irvine...

There is nowhere you can go if you have a 3-4% mortgage right now. Especially if you had a jumbo rate at sub 3% it is impossible to afford something similar.  It costs more to even downsize to a smaller place.

LL has 2,677 posts on TI and is a ?Certified Irvine Addict?.  Pretty creepy for a person who doesn?t live or do business here?kinda makes you wonder ?why do you care so much?? I?m at post #1,338 for TalkLaunaNigel.com taking about how terrible that city is so I guess I shouldn?t judge 😂

LL: why?d you buy in 2018 and sell so fast? 😂

$884psf for condo is a high selling price esp in Portola Springs. I?m sure your client was happy Martin. ?bbbbbut but but the price is $100K less than listing and falling like a rock? - You Know Who

https://www.ocregister.com/2022/08/05/what-recession-us-employers-add-528000-jobs-in-july/ There will be no crash this year, it?ll be a soft landing. Flat 2022. 10% lower prices versus peak is nothing when prices went parabolic 9/2021-3/2022

Im trying to be nicer on here. I think Irvine lives rent free in your mind - considering you don?t live in Irvine - you are a prolific poster on Talk Irvine Edit: I will now go to TalkRanchoSantaMargarita.com and bash a random city I have no affiliation with LOLOOLLLLLLLL

It was 15 years ago old man.  Stop talking about 2007 subprime days.  Different generation, different problems. What happened 15 years ago doesn?t reflect today. You?re stuck on the past. If people make good gains you simply call is ?good timing?.

Congrats. Experiencing  the gains first hand is the best experience.  Nobody I know who bought before 3/2022 is regretting as of now in Irvine. Irvine is a different beast because of The Irvine Company.  Thank you TIC LOLLLL.

Honestly who cares about the past? The Great Recession was an entire generation past , 15 years ago. Different times, different situation. Might as well be a boomer and talk about saving & loan crisis and dotcom bubble. Current situation is unprecedented.  Irvine 2007/2008 is a different...

Liarloan is an old man yelling at a cloud.  Nobody know what he?s yelling at https://vannattapr.com/2020/12/03/dont-yell-at-clouds/ Whatever he says, we all made out like bandits the last 5 years via Irvine real estate Maybe he?s mad he missed the Irvine real estate gravy train

Unemployment being low will not trigger official recession. Punchline: Irvine homes prices are not going down a lot. 2 quarters decline isn?t the definition of a recession...

Unemployment is only 3.6% buddy

California Court is a Taiwanese person I bet

$3M. 4,000sqft is the sweet spot in Orchard Hills

Considering homes were trending at $800psf, 14% actually is not bad. Im sticking to my prediction of prices falling close to Q3 2021 values.

Thanks for the non commitment answer 🤡

? Its in the stonegate, woodburry, cypresss village area? This statement makes no sense. You are a troll account. This is your first ever post. This post is just to spread panic all over in ?in the stonegate, woodburry, cypresss village area?.  Dumbest post ever troll. Thanks Liar Loan. ...

Man, now Martin is trolling other listing lol

https://www.cnbc.com/2022/06/14/30-year-mortgage-rate-surges-to-6point28percent-up-from-5point5percent-just-a-week-ago.html It?s gonna be ugly.  Homes are going to come down close to Q3 2021 prices.