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I think all 36 homes (out of 78) in Monterey are Sold (atleast have the sold buttons) maybe 1 plan 1 is still left (not sure). Release of last 6 homes on trabuco side next week.

1] I've similar question for experts here. We are picking tiles for our down stairs monterey plan 3. We chose to pick big tiles because that is what is in the model home and it looks really good to us. so it is 20*20 porcelain. The issue is that they have it offset alternate rows in the model...

Now I'm not sure if they said finish building by early next year or being fully sold by early next year. My guess is if they keep selling at this rate they may be done (build & sold) before end of this year. But things may slow down after the initial buyers like myself are exhausted. Aren't we...

Don't know what specifically you are looking for. they have released so far 36 homes. I believe they have sold all but maybe 2 plan 1's and 1 plan 2 in the latest phase. there will be one more row of six homes whose back side motor court will be along sand canyon side. With that they will...

These are available for sale at La Casella, plan 1 in woodbury right now.

If anything portola springs failed so far only because of starting in 2006 housing slump. Almost all left over homes of Paloma and los arboles etc were selling quite fast since May 2009 untill release of 2010 collection started. In fact they even saw a modest increase of 2% since may 2009 to dec...

I like almost everything about the our Plan 3 of Monterey. IT is pretty much a detached home at the price of attached home (although still 10-15% higher than what it probably should be). there are two dislikes. 1] smaller closet spaces 2] (minor) No dedicated coat closet area. Although the...

We bought a Monterey plan 3 siding to Trabuco. I've been to the lot and checked. The only noise i really hear is the Hum from Freeway 5. Maybe because Trabuco is a quiet street right now. When GP opens up it may get noisy (4-5 years I presume). occasional noise from Sand canyon intersection...

That is very true. What I'm seeing is that 2003 and before still has lot of equity. 2004 depending on newer or very old homes (my judgement is based on condo/ townhome market) either even or slight positive. Almost all 2005 are below. Ofcourse there are people listing at WTF prices. But I'm sure...

I think you misunderstood my comment. I was trying to say that the the current reduction from peak is at 25%+/- (2-3) on specific units. If things drop from here about 20% that would be the 40% mark everyone has been predicting. I didn't say it is already 40% below peak. The question i was...

You can already buy new homes that sold a few at 1 million at about 700K. Example Serissa (largest plan) in northwood II went for 1 million in 2006. La casella is selling it for 720K. Paloma in PS sold at about 1mil + in 2006. Today the largest paloma is 720K new. that is about a 30% reduction...

For all the people who are uncomfortable with todays pricing and what one gets for their money, what is the price range that would interest everyone into these homes. If all these homes (new 2010 collection homes) go to 250-270 per sq ft instead of 300-320 range that they are at presently would...

That is a good point about down payment. Should one stop at exactly 20% as mandated by todays lenders for new collection 2010. Why do you think it is better to pay interest of 5% to a bank. You have to consistently get that kind of value elsewhere to break even. I believe if one intends to own...

Depends on how old your kids are. 10-12 years later ranking can be totally different. All kids who are going highschool in northwood are probably majority of families that moved in that area in say late 90's. Maybe all the newer families whose kids will go to irvine high may improve irvine...

RC outside of our PM exchanges on this topic. I think the true total cost is basically the monthly outlay you have to put out. But the you have to account for following to calculate true cost to own. As is done in excel spread sheet calculator in the other blog which I personally...

Usually i used to get emails the very next day after phase release that they are sold out. This time after phase 3 i haven't seen any such email yet. Although 4 days have gone by. Not implying anything. But it seems to me that they will build about the 1/2 the phases they have planned and the...

Garage of plan 1 and plan 2 have shared wall. thats why they are condo's

mello roos is a fixed amount. so based on house price % changes.

I don't believe Irvine is holding its value any better compared nearby places. From the time i moved to OC I've seen Irvine being 10-15 % higher than rest of OC and that still holds true. IT is not that irvine prices went down 15-20% from their peak and every other place close to Irvine went...

To be honest this is not irvine specific. The prices of new homes are not that much different in say Laguna Niguel/ Aliso. I specifically checked Laguna Niguel cornerstone project 2 wks back. the only reason it is significantly cheaper on monthly outgo is because of mello roos. when i did a...