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    Mandarin Chinese Bus

    I know one leave out of Monterey Park near the ranch 99 market there, I want to say right across the street near Garvey Personally i've used the Viet bus that leaves out of ABC supermarket, that one is much faster and cheaper
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    Trump win: Impact on Irvine housing

    The big short-term effect will be interest rates as 10 years treasuries crossed 2.20% overnight and will continue selling off in the morning potentially, the highest level since Janaury and January rates was 3.87% If we have a sustained move in the 10 year treasury and in turn mortgage rates...
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    Trump win: Impact on Irvine housing

    That exactly is part of Trump's plan it will cause wage inflation. The USA has never embarked on large scale infrastructure spending when unemployment has been at 5% , that will put pressure on wages as construction job get created in en mass across the country. As i said it has been 6 year...
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    Trump win: Impact on Irvine housing

    I work in an industry that deals with rates... won't mention which but the general belief is now that we are going to see an actual functioning government that will provide fiscal stimulus in the form of infrastructure spending and tax cuts Those two factors paired together will provide a net...
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    Housing Bubble 2.0

    it's definately going to be a mult-prone cause and effect that can effect housing. Although the chinese are buying many investment/housing properties that isn't the key issue. The key will be where mortgage rates go from here I will borrow...
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    Current Climate - Buyer or Seller Market?

    As of 4:30pm on June 1st, there are 622 active listings in Irvine and if you exclude homes built in 2016 (new homes on MLS) there are only 577 active listings.  So Redfin's numbers aren't accurate.  It's definitely a seller's market under $1m. Weird because Zillow...
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    Home sales

    Real estate is all local but i agree with Ochome10 if you look at https://www.redfin.com/city/9361/CA/Irvine for example you can see that the number of homes for sale is at the highest it's been this time for year and the number of home sold isn't keeping pace verses last year so you are...
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    Proposed cemetery near Great Park and the new Irvine 5th high school

    Or... Just make an adjustment to the 14th admendment that it no longer give citizenship to non-citizen that will solve all the birthing center issues... and seriously home values is the reason to move a veterans cemetary?! I mean is this for real. The people that bought the houses by the...
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    Irvine demographic & impact on kids

    What's crazy is today's UCI/UCSD standards are UCLA/Cal's standards from a decade ago... Irvine 4.04 GPA  1900ish SAT score So essentially top 90% San Diego 4.13 GPA 2000ish SAT score...
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    Eastwood is way over priced

    http://www.zillow.com/irvine-ca/home-values/ 580k average sold price in irvine When San Mateo Launched in Early 2011 724k average sold price today Up roughly ~25% by my count not quite the 39% appreciation in this type of house. With even cheaper construction material and cheap look i don't...
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    Eastwood is way over priced

    Just surprised at how fast this type of house has risen in price San Mateo Mid 500k (2012) Jasmine Mid 600 (2014) Petaluma High 700 (2016 I know Irvine price has gone up by 15% a Year ....  Especially if you look at Zillow, Petaluma just seems overpriced as stated
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    Eastwood is way over priced

    starting 800k.... Wow 458 $/Sqft  - 466
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    The recession is coming

    Just look at this price drop... Adjusting for inflation appreciation on that house has been 0...  If that isn't a FCB liquidating I don't know what is https://www.redfin.com/CA/Irvine/32-Vernal-Spg-92603/home/5899647
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    The recession is coming

    http://www.bloomberg.com/news/articles/2016-01-26/at-3-68-million-this-california-home-has-everything-but-buyers It's just a matter of time before it trickles into the Million dollar irvine homes... there are only so many buyers especially when you count on FCB to buy new property...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    You look at Irvine market trends on redfin and it definately is pointing in that direction. +31% listing from last year and -50% number of home sold from last year. Just 106 homes sold in December , where nationally there was a big rebound in December
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    ... Or FCB money laundering/needing to liquidate for margin calls
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    Beacon Park- Buy Now or Wait!?

    Agreed 3 Br condo's are on the market in Irvine at 2400 a month-2500 a month a dime a dozen. Apartments in Irvine are actually dropping in price i see plenty of 3 BR apartments for rent @ the 2400 price point  and 2BR below 2000/Month from Irvine Company...
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    The recession is coming

    Oh I don't think the Chinese will stop but the flood that we've seen in the last few years will slow down dramatically as Chinese government's number priority must be to slow down the outflows http://www.businessinsider.com/capital-flight-concern-in-china-2016-1 Let's face it China has burned...
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    The recession is coming

    True! but the one thing that still holds is the numbers of homes sold and the price trend.  I do know that the new rules on mortgages got implemented in September so maybe there is an effect there? but i'm not quite sure
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