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I paid $4m for my home with $1m down (could have put more but wanted to stay liquid to help my contingent buyers). My all-in housing cost is not for the faint of heart or wallet... $14k/mo mortgage $3.5k/mo property tax $240/mo insurance (I'm sure this will be going up when I get my renewal in...

Irvine home appreciation outperformed Georgia appreciation by a big margin since Covid. Yes Irvine is expensive but any desirable is expensive and will continue to be expensive.

We ended up with 3 offers and the seller selected a buyer and we opened escrow today.

First offer in.

I listed a turnkey Chelsea floor plan Auburn home on a premium corner lot in Stonegate on MLS yesterday. I sold this home to the owners back in 2021 when they came to my open house when I had it listed back then. The home was built in 2017 by Richmond American Homes. The home features 4...

No chance it closes anywhere near the list price....no view, no larger lot, etc.

We received a second offer and after the seller multiple counter offers we opened escrow last Friday.

Bingo! I have a client who is looking at Newport and CDM with a $3m-$4m budget and there's a good bit of inventory out there with many homes sitting for a longgggg time. My clients who have gone to open house there have been told from several listing agents that they better buy now because...

I had some showings up in LA and tried a For The Win smash burger....OMG one of the best burgers I've ever had. I highly recommend every burger lover to try this place.

Yes they do and that is why the price per SF for larger and/or view lots is a lot higher than regular sized Irvine lots.

Auto insurance has gone up as well but only about 20-25%.

Yeah, I got that rate from my insurance broker after my insurance company cancelled me back in 2023.

$2,500 per year.

Home insurance will be very expensive for any homes around brush and/or foothills with the recent LA fires. I fully expect my insurance premiums to double this year.

The Taycan charges pretty fast at EA fast charging stations, I would see 240-260kw charging speeds up to 50%. The new EV platform for Porsche has a larger and more efficient battery. I get about 240 miles based upon a full charge in the Taycan and I've heard that people are getting 300-320...

I'll be picking up my Macan EV at PEC LA on the 29th and it will replace my Taycan. I'm looking forward to the 300+ mile range.

I think the premium lots (view lots and larger lots) will sell fast and regular ones will take longer to sell.

First offer came in last night.

I'd expect pricing to be $3m to $4m for these homes.

Thank you for the kind words SGIP. I have known SGIP for over 15 years having met him during the Irvine Housing Blog (IHB) days and even personally used him to get for the loans on my West Irvine home purchase in 2011 and my Tustin Ranch home purchase in 2016. He has was always a lender that I...