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  1. bigmoneysalsa_IHB

    Will the Great Park be Canceled? or just Delayed a while?

    What do the signs say? What is it being called if not Heritage Fields?
  2. bigmoneysalsa_IHB

    Thoughts on buying a townhouse?

    I'd say what's best for your family is to not overpay for one of the biggest purchases of your life. Are you cool with spending $443K on something that's likely to be worth $100 grand less in the next few years? That kind of money could pay for a couple college educations down the road. Think...
  3. bigmoneysalsa_IHB

    Woodbury Court Dropped their prices on rentals.

    From what I've seen on craiglist recently there is definitely some price softening at IAC complexes. I'm seeing lots of one beds under 1450 and two beds under 1800. Last year those prices would have been hard to find.
  4. bigmoneysalsa_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    We will know one way or the other whether Thomas?s numbers mean much when the sales data and CS price indexes for this spring come out in a few months.
  5. bigmoneysalsa_IHB

    Laguna Crossing & Orchard Hills Postponed to 2009

    I just hope they aren't planning to wait for real 2006 home prices to come back. Donald Bren and most of the other private investors who own TIC will be dead and buried long before that happens.
  6. bigmoneysalsa_IHB

    What would you buy? Condo in Irvine or house in Lake Forest?

    Irvine_Kat, please keep researching the current status of the housing market and think carefully about whether now is a good time to buy. These guys are all right... you can rent something very nice for a lot less and get a much better deal on your purchase if you can wait it out a year or two...
  7. bigmoneysalsa_IHB

    IHB needs a resident bull on board

    Lansner's blog. You will never find a more wretched hive of scum and villainy. LOL, that was a nice early 2006 time warp.
  8. bigmoneysalsa_IHB

    Choosing an IAC Property

    <p>So far you are on the right track. Their best prices are on craigslist. They seem to be doing some sort of price differentiation based on what they perceive to be "internet savvy." Might as well take advantage.</p> <p>If you really want to get the absolute best deal possible you should wait...
  9. bigmoneysalsa_IHB

    How far will a name take you?

    <p>If your parents happen to make less than $100K, tuition at Stanford is now <a href="http://www.paloaltoonline.com/news/show_story.php?id=7210">free</a>.</p>
  10. bigmoneysalsa_IHB

    A fair solution.....

    Good stuff. It would be very cool to see something like this happen, but unfortunately Nude is right on. We still wouldn't find the bottom rapidly, because there is still a critical mass of douchebags out there who think prices are going to be higher in the near future then they are now. People...
  11. bigmoneysalsa_IHB

    Widespread Declines According to S&P/Case-Shiller? Home Price Indices

    And from the monthly index, LA is at 233.03 as of Dec 2007. Down 14.9% from peak.
  12. bigmoneysalsa_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    Ipop, do you know if Steve's numbers are archived anywhere? It would be interesting to hold those numbers up next to the various prices indices and see if we could spot any correlation.
  13. bigmoneysalsa_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    1) Last year at this time the number was 5.26 2) Now it is 8.14 (55% more inventory) 3) Last year prices in OC fell 18% (14% nominal) 4) Cool
  14. bigmoneysalsa_IHB

    IAC Renters. Check the prices before you renew your Lease.

    My last lease renewal offer letter also came in about $200 above the prices I was seeing advertised on Craigslist for the same floor plan. I wasn't able to negotiate all the difference away, but they met me more than half way. Be polite but firm, and they will work with you.
  15. bigmoneysalsa_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    <em>"Months inventory gone from 15.6 months to 8.46 in less than two months?" </em>Is the number seasonal? It was less than 5 this time last year. Did prices go up in 2007? Will prices go up in 2008 if months of inventory is 70% higher than last year?
  16. bigmoneysalsa_IHB

    How Low Can Home Prices Drop?

    There seems to be some sort of seasonal effect at work with the high end listings. Around this same time last year we went from $899,580 in Jan to $929,000 in March, only to resume the steady decline and end the year around $800,000.
  17. bigmoneysalsa_IHB

    Case-Shiller index

    Tiered indexes for LA/OC, 1987-2007. <img alt="" src="http://aycu18.webshots.com/image/45777/2003799650819251932_rs.jpg" />
  18. bigmoneysalsa_IHB

    Case-Shiller index

    Only a 3.1% drop <a href="http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_csmahp/0,0,0,0,0,0,0,0,0,1,1,0,0,0,0,0.html">this month</a>. That's 11.1% over the last six months. And check out our <a...
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