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LA Times article on the potential new amphitheater. http://www.latimes.com/socal/daily-pilot/entertainment/tn-wknd-et-1023-irvine-meadows-update-20161022-story.html

Who knew TI turned out to be such a great place to get advice on where to go after escaping from jail.

Price sheet from new release on Amber Sky this weekend. Obviously, view lots have a price premium. But, many of the lots are on the smaller side, 6000 sqft or less. The upside compared to similar inside lots on Iron Gate is that the house behind them will be higher up and father back. But...

Latest Capri price sheet. All the homes except these QDH have been spoken for. The funny thing is the sales lady told me that lot 13 is taking longer to sell because many folks refuse to consider it because of the number. I told her that's pretty ridiculous to me since nobody will even know the...

Just wait until hyperloop starts operating and LA to SF in 30+ min commute become a daily norm. That will really shake up the real estate market.

It's definitely a bifurcated market. Plenty of folks with money to burn who are willing to pay up for premium lots. But, those on the fringes of the price point are not stepping up to close the deal. This reminds me of the trough period with Laguna Altura. It'd be interesting to see if those...

Well, apparently plenty of buyers are awash in money. The premium lots in HC are selling surprisingly well. Marbella lots with multi-million $$$ lot premium are moving briskly. The same is true for the Capri on a relative level. In fact, it's the standard sized lots without view and little lot...

Latest price sheet for Legend.

Latest Capri price sheet. The bigger lots that are backed against Lake Forest Drive are selling fairly well. The inner lots are still struggling with 5 quick delivery homes.

Latest Capri price sheet. Still a couple of quick delivery homes left. They're really struggling with those with on small lots. Some are well less than 6000 sqft lot with the house behind it looking down on them. The homes on the other side of Irongate is doing much better. They have views and...

Latest price sheet for Marbella.

There are some QH homes that are around 4000 sqft. Some also have pretty good views. But, the layout of these homes definitely feel dated and chopped up. They were built around the same time as the Turtle Ridge homes. The new open floor plan at HC is far superior.

Latest Capri price sheet. The inner side of Iron Gate continues to struggle. They're also some of the smallest lots in the neighborhood. Otherwise, the outer side is doing surprisingly well considering they face Lake Forest Dr. which can get somewhat noisy. They do have the benefit of being much...

Fed rule states clearly that they won't pay for a veteran cemetery if it's within 75 miles of an existing one. In this case we have 3 within that distance. It's not clear there would be any fund from the fed at all. It might have to entirely state, city and self funded. Given our government's...

Where are all those people who accused 5P of offering the swap to make big profits? Swap a perfectly clean, ready to develop land for one that need $30M for cleanup and demo. The city council should have taken the deal and laugh all the way to the bank. Now, who knows if 5P is still willing to...

$1000+ for 5 days of tech camp? Ouch! Better come out of the camp with the next Facebook.

You'd think builders would let the market absorb the inventory and wait for prices to rise a bit before bringing on more inventory. They would do far better. Instead, they flood the market with more products only to have them sit around for  months and then have to offer big incentives.

It'll have a prime view of the cemetery.

Totally agree. PP resale is a fantastic value. I'm not sure why they aren't moving faster. Prices are more than reasonable. MR is much lower than BP. Home designs are very modern considering it was just built a few years back. Now, with the bridge across Irvine Blvd it truly feels like a part of...

Market is definitely slowing down at this price range. HC now has standing inventory, which was inconceivable a year ago. Early last year they were taking cash buyers only because demand was so high. As for waiting for resale versus buy new it depends. Do you like the location of the early...