Search results

Strangely enough, the > $2M high end of the market like Trevi and Hidden Canyon still seems to be doing fine. They're selling out as fast as they can build them. It's the > $1M upper middle market that seems to have grind to a halt.

You're looking at > 100% with plan 2X. It's the way of the future in Irvine housing.

I pay only on completion of phases. Even then, I hold 10% at the end just so the contractor have incentive to get everything "done, done".

Nice to see more innovation coming to Irvine with the large basement. Maybe competition from 5P is forcing TIC to let builders bring some unique features of their own. But, what's up with these tiny lots. Many of them look to be no more than 10 ft to the back fence. That's ridiculous for a...

Anyone has the Marbella price sheet from the latest release?

All of the new release from Capri have been reserved. Marbella doesn't look to be faring as well as the new releases and one from the last one is still available.

Found one.

tl;dr ... It's either toxic or perfectly safe. Who has time for these nuanced arguments...

It's really a question of design choice. If you look at the Juniper floor plans, by far the majority of the square footage is on the first floor. That's why the lot coverage is extremely high, leaving little backyard for similarly sized homes. Many of the TIC homes are built completely stacked...

That's true. I think he's just going for the leverage play. Your actual ROI is higher if you only put down, in his example, 50% of the cost. If you put down $100 to make $10 you made 10%. But, if you only put down $50 and borrow the rest but make the same $10 then you've made 20%, at least...

Now that Beacon Park pricing is out and clearly higher than many expected it's going to get these PP resales moving.

Can't do much with those 8 foot ceilings unless you do a tear down. But, you do save a lot on cooling and heating during summer and winter seasons. Some of the older homes do have vaulted ceiling in certain areas so that makes the rest of house more bearable.

I didn't realize that the all the homes in the 1st phase are around 5100 sqft with only 15 ft to the back fence. That's a far cry from what they modeled. No wonder they're having a hard time at this price.

I actually thought Juniper is the most reasonably priced of all the bigger homes. Silvermist and Torrey are even more outlandish. Maybe they over-estimated the price people are willing to pay for being within walking distance to the elementary school. Or, they're trying to jump start PP resales.

I remember hearing that 5P thought early phases of PP homes were underpriced so they felt they left bunch of money on the table. That's why PP sold far faster than they were initially expecting. Looks like they might have over-corrected for BP.

Latest Capri price sheet. All sold.

All the accusation of being Toll Brother employees trolling TI to pump up the community drove all the early buyers out.

I asked the sales lady in the Amber model during Grand Opening day and she said it was between $1.4-1.5M. Khov website currently lists it at just under $1.35M.

I doubt it. If past history is any indication builder would rather throw in more free upgrades than to lower price. Lowering price has such bad stigma builder would only resort to that if nothing else worked. I don't think we're anywhere near that in the current market.

I thought the big winner today is all the PP resale currently on the market. Their houses suddenly just appeared a lot more reasonably priced, especially after you take the Mello Roos into account. Once you add in upgrades the price difference will be even bigger. Sure. There are always some...