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I'm less bearish than a lot on these boards. But I do think a lot of the buying going on right now is seasonal, from those who just can't wait any longer. I'm going to wait and see what happens to prices and open market REO sales in October/November of this year before making any decisions.

In the case of short sales, agents can't begin the short sale approval process with the bank without an offer in hand (it doesn't matter what the offer is...the bank will start with any offer...but they will ignore packages submitted without an offer). Agents price their listings way low to get...

It would be nice. But TIC is an old dog. I'm not saying it won't learn new tricks...but the speed with which their marketing department will adapt to social media marketing will likely be glacial. As far as former employees coming out to answer questions is concerned, I wouldn't bet on...

Friday night at 9pm. I'm calling it. IR is drunk...and overly optimistic. Anyone acknowledging themselves as Irvine Company employees may as well sign their own pink slips. A valiant effort nonetheless.

the data pulled dates back exactly 3 months. So if it occurred before 4/17 it wouldn't show.

15 are detached SFRs. Their avg is $346/sf

Closed Northpark sales within the last 3 months. 2 of 32 below $300/sf. $338/sf average: 1 P675419 S 303.58 407 Terra Bella 2 S557725 S 293.31 140 Talmadge 3 S565486 S 370.87 801 Terra Bella 4 S562249 S 303.57 15 Cabazon 21 5 S563618 S 279.45 10...

Yeah I don't know that many will walk...why ruin your credit, rent, and be in such an uncertain credit position for the next 5+ years if you have a chance to keep the home you plan to live in long term? I'm sure there are many here who would crunch the numbers and decide that walking away is in...

Sorry if I'm posting old news, but on July 1st the administration unloaded another clip in an attempt to prop up home values. They announced bumping Fannie/Freddie LTV limits from 105% to 125% to allow homeowners to refi out of their ARMs. It won't help people who truly can't afford the home...

Actually the summer tends to bring an amazing amount of visitors from the middle east / saudi arabia. The furnished apartment's division at IAC fills the majority of vacancies at their larger complexes (village, newport bluffs, villa siena) with vacationers, and that region of the world seems...

I LOVE SPIDER PIG..."DOES WHATEVER A SPIDERPIG DOES!"

They've broken up prostitution rings at a few IAC properties. They all advertised on Craigslist. Villa Coronado, Villa Siena, and I think Serrano were among them. I'd be surprised if it wasn't going on at The Village. It's just too large to be scandal free.

Watch out, though. Typically these new, lease up properties only offer longer term leases with no lease break options. If that's important to you, it's best to find a more established community.

I don't think IPO is overly zealous in "the picture he's painting." Data is data and while prices are down, year over year sales are up...call them knife catchers, but it looks like there are a few people out there tired of waiting. He said himself he's not calling a bottom.

that's great. let us know which one you decide to go with and why, if you don't mind.