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They buy 5 bed 5 bath McMansions so their single child can attend IUSD.

I wonder what these builders are thinking. Azul has come to a complete construction stop. Olivewood is still full steam ahead. Cielo seems to be half steam ahead. The Summit can't even get Phase 1 homes sold, will they halt construction?

Inventory is increasing nationwide, it's not limited to Irvine.

Some details on Irvine fire protection measures. https://www.latimes.com/california/story/2025-02-19/could-this-irvine-neighborhood-be-the-blueprint-for-a-more-fire-resistant-l-a

Just checked the map. The toll road is southwest of the landfill and that's exactly where the wind blows.

Tariff war scared the crap out of FCBs but that opened up opportunity for everyone else to buy.

Impossible. @CalBears96 said there are over 300 buyers on the wait list. :LOL:

People with view lots at Reserve Orchard Hills must be pissed now that they will be staring directly at hundreds of homes at a higher elevation than them.

Those are the Landfill View Lot Premiums.

These are also on a single loaded street which is a big plus.

432 Fieldhouse - 5,599 sqft 428 Fieldhouse - 5,246 sqft 424 Fieldhouse - 4,945 sqft

Cheaper than Cielo :oops: https://www.redfin.com/CA/Ontario/139-Drumbeat-91764/home/193261237

TIC was smart to sell off the land to these home builders and leave them holding the bag.

They only released 3 homes and all 3 are now quick move in.

Brookfield has put their Vista homes on Zillow. Guess no one on their priority list wanted them? https://www.zillow.com/community/vista-in-summit-at-orchard-hills/31503753_plid/

Ticketmaster does the same thing. They hold back inventory to give the false impression of scarcity when in reality they are hiding unsold units. I have inside knowledge builders do this. If you have mls access you can see some of the shadow inventory builders put there but make non-public...

That remains to be seen. Crestview came in a lot lower than anyone expected. This is a declining market. Toll Bros expected 6 mil starting price could easily drop to below 5 mil. Buyers looking for a new construction 7-8 mil view lot would absolutely consider a new construction 5 mil view...