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I've been searching for a home for the past 6 months and have gotten pretty frustrated with the current situation of the RE market. We are currently renting a townhouse in the SGV area, but my wife really wants to move to a more humid place with no carpet (she is very sensitive). I'm pretty...

That post was from Redfin's forums. http://forums.redfin.com/rf/board/message?board.id=OrangeCounty&thread;.id=1301

Well, I'm not kicking myself for not getting it thats for sure. I guess the main feeling I have now is confusion. We all know that one of the main reasons RE pricing went out of hand in 2006 is that bank were accepting 100% financing and NINJA loans. Thus, the price of the house became...

Sorry, should have been more clear. I'm not the buyer haha. I just asked my realtor what the final closing price was :)

The property closed escrow this week. Final price *drum rolls* 570K!! EDIT: I'm not the buyer!

Anecdotal evidence, but I know of a few FCB that have bought houses in Irvine using all cash (+800K houses). I don't know how they avoid scrutiny by the IRS as they only report a few tens of thousands of dollars of income in the US every year. Their accountant is one of the most prominent...

Yep...no condos or townhouse. Thus, no Irvine, Tustin or Tustin Ranch :P. Ridiculous HOA and Mello Roos. What do you think about the property in MV? I sort of feel that I won't get it at 520K. I dunno....I don't really feel like I just "bought" a house. I think I can live with a 10% drop...

I've been a long time lurker of this blog (~2006) and just want to say this is one of the best forums/blogs about housing in south OC. Some background about myself: I got married 2 years ago and have been renting a townhouse since. In 2005-2006 I was predicting the collapse of the real...