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Right you are. Irvine has been dropping for about 17 months now, and when you factor in high inflation, as one local realtor claims is the benchmark for Irvine home appreciation, the decline is even worse! Since December 2023, Irvine has declined in price by 6.4% and inflation has increased by...

The LA metro area, which includes Orange County, is expected to drop by -1.2% over the next year. Zillow: Housing market to see first annual U.S. home price drop since 2011 Zillow projects that U.S. home prices will fall 0.9% between April 2025 and April 2026. Zillow economists had previously...

Agreed. Next week nobody will care.

I'm not diminishing the level of talent at Tesla, but from an investment standpoint I don't like their prospects. The high growth phase for the stock is over. It has been rangebound for 3-4 years. That's just the technical perspective. The fundamental perspective is they no longer have...

Reddit is such a funny place. It feels like it's run by 14 year olds typing from their moms' basements and peddling in extreme ideologies, but at the same time it's such a good repository of information. You can get the real scoop on almost any topic imaginable and learn a lot that isn't...

The Short Book on Options A Conservative Strategy for the Buy and Hold Investor by Mark D. Wolfinger

Paying a lot premium of any kind in Irvine is like paying for a seat license to watch the LA Chargers. Lots of people fall for the curated illusion of artificial scarcity only to overpay for a mediocre product.

Can this be true? There's a local realtor that posts here claiming that Irvine is almost built out... and prices are going to the moon when that happens.

I assume you mean the book of Revelation?

That's called a view lot. :)

Lower energy means lower inflation. Time to refill the SPR!

Home values expected to drop the most in these CA cities, Zillow says. How much? Home values across California are expected to drop in 2025, according to a recent forecast by Zillow. These are the top 10 metropolitan areas in the Golden State where Zillow predicts home values will drop the...

It's fine and dandy to be making jokes, but remember R2D2 is losing REAL money. She bought not one, but two homes, in one of the bubbliest markets, at the PEAK of the largest real estate bubble of all time!!

Phoenix Housing Market Faces 'Mass Sell-off' as Home Values Plunge Real estate analyst Nick Gerli, the CEO of Reventure App, warned of a potential incoming crash, as home prices are down 6.9 percent from their peak in June 2022. "This market is trending down, and trending down fast," Gerli...

People who bought Teslas to virtue signal are paying a steep price in depreciation and heart burn. In Marin County, There’s Trouble in Teslaville Ms. Goldman is the author of “What To Do When You’re Dating a Jew,” which includes everything from matzo ball recipes to the meanings of Yiddish...

The operative word being "around". It's not even 1% unless you round up. On the other hand, if you asked Americans how many would like to own a classic Ford Bronco it's closer to 20%. :)

Remove California from the numbers and EV's are less than 1% of cars on the road in the other 49 states.

As incredible as it sounds, an oversupply of housing will take shape over the next decade. Too many boomers will need to liquidate, and not enough young people will be reaching home buying age to replace them as owners. On the plus side, wages should rise due to labor shortages making housing...

Yes, and that's fairly typical in a housing downturn.