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  1. code7700_IHB

    Bath Time: Was Listed at $800K -- Now $610K

    This large price drop caught my eye. Listing went from $800K to $610K. But based on the photos of this home (or lack thereof), $610K still seems sort of high. No interior photos normally means "ugly inside" or worse. Hopefully this is just the first of many such drops...
  2. code7700_IHB

    Dozens of Homes Magically Say "Backup Offers" -- Something Smells Fishy

    One of my MLS "watch lists" is turning up an unusual number of homes listed as "Backup Offers" or "Hold Do Not Show" -- and while I am far a conspiracy theorist, this seems a little odd to me. I find this data hard to believe given the state of the market and the fact that many of these homes...
  3. code7700_IHB

    What is the deal with these Laguna Hills "Modern/Hi-Tech" Homes?

    On the way to the beach the other day, we took a detour through Laguna Hills to see what "no mello-roos" land looked like. And while there are some nice parts of Laguna Hills, there was one neighborhood that just freaked us out...
  4. code7700_IHB

    Bad math? Or bad real estate agent?

    OK, here is a strange one. On our way back from lunch today we stopped by a few open houses. One of the homes looked very nice. They were asking $725K. I took out my mobile phone and went to www.melissamobile.com (Melissa Data) and it showed the last sale price was $820K in mid-2006, with a...
  5. code7700_IHB

    "Your taxable value has been temporarily adjusted due to market conditions existing on the lein date, January 1, 2008."

    A few weeks ago I saw an OC Register article titled <a href="http://www.ocregister.com/articles/property-appeals-assessment-2065285-board-appeal">How to appeal your property tax assessment</a>. Needless to say, this was something I wanted to do and I had planned to contact them next week...
  6. code7700_IHB

    HousingTracker.net shows OC Median Below $500,000

    I've always found <a href="http://www.housingtracker.net/askingprices/metro/California/LosAngeles-LongBeach-SantaAna/SantaAna-Anaheim-Irvine">http://www.housingtracker.net/askingprices/metro/California/LosAngeles-LongBeach-SantaAna/SantaAna-Anaheim-Irvine</a> pretty interesting. In the past...
  7. code7700_IHB

    Questions about the Foreclosure Process and ForeclosureRadar

    I have noticed that a number of my favorite web sites (e.g., www.irvinehousingblog.com and www.southoctracker.com) are using www.foreclosureradar.com to source data. While I am not ready to jump into the market yet, I did want to check out ForeclosureRadar and learn about it so that when...
  8. code7700_IHB

    Agents raising list price on MLS just so they can lower it later?

    I've seen a number of homes where it looks like agents are raising list price on MLS just so they can lower it later. My guess is they're doing this so they can show "reduced" in the future. Do they really think people are the dumb? Even my next door neighbor (87 years old) knows how to...
  9. code7700_IHB

    Why does data show Foothill Ranch prices up 20% (vs. 2007)

    In looking at the data fromhttp://www.ocregister.com/articles/median-http-sales-2044365-www-ocregister,I noticed that Foothill Ranch prices were up 20%. This seems unusual. Is it simply a numbers oddity in that the sample data (only 15 homes) could have been higher priced homes?
  10. code7700_IHB

    Seeking Your Feedback: Plan "B" for Unsold Condo (AKA Quality of Life? Math)

    Hi, I?m back seeking more advice from the collective group <em>(this is way cheaper than going to a mental health professional)</em>. As you may (not) remember, I?ve been trying to sell my townhouse. It was listed twice. For all the obvious reasons it didn?t sell last year (I was too...
  11. code7700_IHB

    Is 2003 pricing realistic for making offers? Or am I just wasting my time?

    <p class="MsoNormal"><em>Hopefully this isn’t too long. Sometimes I talk (write) too much. :)</em></p> <p class="MsoNormal">About 9-months ago we tried to sell our condo with no success (we were asking way too much <em>[imagine that]</em>). So we decided to hang on to the condo. Maybe we’ll...
  12. code7700_IHB

    Conflicting Information (Should I stay or should I go?)

    <p class="MsoNormal">Hi semi-anonymous people. A few days ago our condo listing expired. Needless to say, we didn’t sell it (no surprise given the market). We had it on the market for 6 months (since March) starting at 500K and ending at 485K. We purchased our condo 3-years ago for 440K. </p>...
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