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Buyers from phase 12 are backing out, prices on those lots are now $1 mil cheaper, Shea is getting desperate. Market is tanking.

Market is tanking. They haven't sold 50%, they've only taken deposits for 50%. Their availability map shows depositors are already starting to back out, when the rest of the depositors see the market crashing they will all back out and that 50% will turn into 0%.

Another WTF https://www.redfin.com/CA/Irvine/18802-Saginaw-Dr-92603/home/4738009 Asking: $4,244,000 Last Sale: $1,881,000

lol I bet you in 6 months they will be available again.

That's long gone. Across the street is going to be more housing.

This is the age of The Asian Invasion. Prepare yourself for more White Flight.

Dual agency galore.

Yup, they know we're at a cyclical top.

Does this include the cemetery?

The City of Irvine is starting the tarmac removal process at the ARDA site to make way for the Veterans Memorial Park & Gardens project at the Great Park. Out of an abundance of caution to avoid disrupting students and staff at Cadence Park School, demolition work has been purposefully planned...

More low income apartments? https://abodecommunities.org/enalegacyvillage/

They should have listened to their agent to being with.  Stubborn clients are their own worst enemy.

Same thing happened during the last housing bubble here with the Villages of Columbus.  Opened with sky high prices then halfway through they started panic slashing prices, up to 30% off.

I was going to ask the same, are there no models?  People are buying these without seeing them?

https://www.cbsnews.com/losangeles/news/caught-on-video-drone-captures-arrest-2-burglary-suspects-irvine/ There have been break ins via the Quail Hill trail.  Time to block off hiking trails too?

Not a lot of red necks in Irvine.

Tiny and zero lot line.

A lot of these are FCB cash parks and they want to get out at the top.