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This is posted in another forum by a seasoned investor so in general, I trust this data, but I didn't verify it myself. His perspective is that this time might be more similar to the 70~80s, the inflation lasted for a few years, and the mortgage rate is high, but the home price keeps...

Good to know? Found this chart with California housing prices from 1968 to 2022, with mortgage rate and inflation rate next to it. Helps to put things into perspective

How much does Irvine's price drop during the 2008 financial crisis?

Speaking of the increased inventory in Eastwood, This 3003 sqft SFH sold for $2.32M in 2022/03 https://www.redfin.com/CA/Irvine/108-Meander-92620/home/110016824 But 2 same models sold for $2.18M and $2.23M in...

Phase 13 plan 1, 2213 sqft = 1.647M (conservartory included) plan 2, 2639 sqft = 1.763M ?conservartory included) plan 3?3024 sqft = 1.934M ?Bonus room included + conservartory not an option) Phase 14B plan 1, 2213 sqft = 1.67M plan 2, 2639 sqft = 1.87M ?conservartory included) plan 3?2638 sqft...

Wow, do you have the latest pricing on plan 2 or 3? I saw the single level plan 4 actually raised the price on redfin https://www.redfin.com/CA/Irvine/101-Reflection-92602/unit-123/home/179130204

Sounds exciting! Who is this Steve guy? Is he specializing on new home inspection?

Does the plan 2 in phase 15b include a bonus room (loft) + conservatory, or only a conservatory? Since phase 14c = 2.113M for 2944 sqft, if phase 15b = 2.235M for 2944 sqft, assuming with 100K big lot premium, then the price increase between 14c and 15b is only 22K, much smaller than the plan...

It seems that the price growth slowed a bit in Phase 15A compared to previous phases. I remember Phase 15B is the big lots ones Phase 14C Plan2, 2944 sqft, 3951 sqft lot,  price = $2.113M (including conservetory + bonus room) Plan3, 3024 sqft, 3951 sqft lot, price = $2.166M  (including bonus...

Does anyone know whether Fresco in Eastwood released phase 15 and what is the new pricing?

Good for them, but this is from 2021's crazy growth, the question is will the same trend continue in 2022?

I heard that single-level 2089 sqft house (3b 2.5b) is priced at $2.3M in phase 14D

Yes, phase 14c includes pre-lotted structural upgrades Plan2X, 2944 sqft, 3951 sqft lot,  price = $2.113M (including conservetory + bonus room) Plan3X, 3024 sqft, 3951 sqft lot, price = $2.166M  (including bonus room, conservertory not an option)

So it sounds something like this? plan 3 (~3000 sqft) started $1.6M 12/2020 and grew to $1.85M 11/2021. Then grew from $1.85M 11/2021 to $2.16M 03/2022 That is a good perspective to have for sure... Also I think the later phases have smaller lots too ~ all under 4000 sqft, but more expensive...

Yes, plan 2 is a corner lot, which is nice. But it seems the yard is pretty small - especially with a conservatory added. Which has a higher premium? Corner lot or larger yard?

Plan 1 is not avaliable in this phase. Price per sqft for plan 2 is $717) and plan 3 is $716. I looked at Eastwood 4-br resale last month, the average is $720. I can't see the prices in escrow but it feels like the price is peaking at least short term. So the new home per sqft is higher...

You were so lucky to buy in phase 13 - I think that's when the resale market jumps in price but Fresco new home didn't catch up to market yet. I don't think Eastwood Fresco can rent $8~9K, I am more thinking about selling it right away after 9 months when the home is ready. But I guess the...

We received the phase 14C pricing email and I guess we are closer to get a spot? But the price increased so much from phase 13 in 2 months ago -- I am not sure it is worth buying anymore. The risk of buying at peak seems to be pretty high, and the interest rate is likely much higher after 6~9...

I've noticed the average $ per sqft for resale in Eastwood is close or even higher than Orchard hills - but Fresco is still more expensive in OH than in EW

Do homes in Orchard Hills grove not sell as well as those in reserve? I've noticed there are a bunch of homes in the grove now, but very few in reserve. Also, reserve ones seem to have higher $ per sqft?  These two are in...