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"Area Expert....." I guess it's what to expect when you have one listing photo showing a bare dirt back yard yet two other photos showing a 'shopped "grass" backyard?

@CalBears96 You are right about vacant homes being purchased by some as a future investment. It's often a cash deal. When financed however most want only owner occupied rates and terms for a home that is required to be occupied by the borrower within 60 days. The transaction you've described is...

No one cares about money laundering. If they did, the OC real estate market would crash. If money laundering is suspected, realtors and escrows are to report it, but while the cash is flowing like a tsunami from Kamchatka, why would anyone go against the tides and stop the party? If we knew...

Hard to say White Flight is part of all this. Humans, no matter their melanin level, are among other things greedy, lazy beings. An "Irvine original" homeowner is selling their property. 888 offers come flooding in. The top buyers are either way over list or all cash. At that point do these...

Let's hope this news on Tuesday isn't simply TACO https://www.zerohedge.com/political/trump-considering-eliminating-capital-gains-tax-houses

Curious... was that $120k on just rear yard landscaping or front as well?

Video interview about In-N-Out move. Thanks Governor Dippidy Doo.

One of the great documentaries on the subject of consumerism and recycling. A must watch IMHO - "Buy Now" https://www.netflix.com/title/81554996

Perhaps capital controls or tariff issues are slowing foot traffic and purchases? Has the oversight of international money flow been tightened? If so, it wouldn't be as evident in resale real estate given that new construction seems to be the best place to wash your RMB.

We're going to hear plenty about "The War Powers Act" (circa 1973 re Vietnam War) from Congress. We won't hear how SCOTUS has never ruled on WPA as being constitutional or not. Congress has never tried to enforce it, because SCOTUS will shoot it down for the junk legislation that it is...

Your snark detector needs recalibration. Also celebrities do these mundane things merely to be seen, or haven't been on People magazine for a few months. Newport Rich do it just in case they hear someone is scouting for TRHOC at Gelsons.

I heard a new term for the B-2 recently and every time I see it on the news I can only remember it's new name: "Freedom Dorito" Trump took the bait laid out by the warmonger wing of the party. In many ways this had to be done, but it didn't necessarily have to be us. The next few days are...

If you live in the Newport Coast, you send someone to get these things for you or have them delivered.

That's a hefty price improvement from original list.

4) Should Israel kick enough ass and these 9th Century troglodytes are finally overthrown, that's the kind of regime change I can live with. 6) The Federal Minimum Wage needs to increase. Although the true "minimum wage" is 0.00, that kind of Libertarian utopian idea just isn't going to work in...

Same Federal Authoritarianism on display in 1992 forward. This may be new to many of you, dear reader, but it's not new. Since ICE is simply doing their job in a lawful manner, what exactly are we complaining about? Given that these recent round ups were a host of child molesters, repeat...

The writer used unnamed sources and "officials" (dog catchers? food inspectors?) to "verify" the actions listed above. The claims are suspect at best. I was told by a person in LA. "ICE went into a high school graduation ceremony and arrested people!!!" Which is simply a fable - one that is...

B isn't an Oxymoron. Many people believe that if this was primarily a white lead protest (not "white nationalist", but the crowd being primarily white) that the heavy hand of law enforcement would offer a lighter touch - a double standard compared to version A. Deportations are handled by ICE...

The narratives are: A) The rioters are Mexicans/Illegals/minorities since it's DTLA, Compton, and Paramount burning. And B) If these were white folks it would be considered an insurrection with "get outta jail cards" handed out. Neither thoughtlines are true. I know what is true: the US...

I can assure you based on family at these riots: whitey was well represented all through the rock throwing crowd.