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First of all, I apologized earlier and said that some of you had good points. Second, all of you don't know jack about me. So stop with the assumptions. I'm not a "mark," I'm not buying a condo, nor am I using any type of interest only financing. If you some points to make...

OK, I apologize. Obviously I was being oversensitive. I was misreading the tones of the posts. Again, I apologize. This is my first thread on the board here. I was hoping for a more low key intro

Roo -- That's exactly a point that the know-it-alls missed. A new home means you don't have to worry about maintenance for awhile.... Although a few homebuilders are about to go under, in which case their warranties will go out and then you do have to worry about maintenance...

Alright, points well taken, and I stand corrected on the use of mello roos. As I mentioned, I do agree that prices probably have some room to fall. However, I plan on staying in this home for the long term. Prices generally have already taken a big percentage hit in the last two...

I am on the verge of purchasing a new home in Irvine. Like many people on this board, I've been waiting a long time for prices to settle. In my mind prices probably still have further to drop.... But they're finally on the cusp of pricing I can live with. Except for the damn mello roos...