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  1. M

    Orchard Hills 4 - "The Summit" Updates

    It is tougher to crawl back real estate than money.
  2. M

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    I wonder what will that price get you in the summit?
  3. M

    Orchard Hills 4 - "The Summit" Updates

    Just ask long as you can look down on other houses!
  4. M

    Olivewood at Portola Springs by New Home Co.

    What do these people think off? After agent fee of 6% and if you sell exactly for that amount, you get 125k before tax. If you have $4,000,000 in cash, a CD has better return. A 4% CD yields 160k.
  5. M

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Seems like selling it for a lost according to zillow: https://www.zillow.com/homedetails/100-Bozeman-Irvine-CA-92602/402738626_zpid/ Just reduce it another 600k and it might sell.
  6. M

    Planning Area 52 Oak Park

    how do you fit 3,100 new residential units in that area?!?!?!
  7. M

    Orchard Hills 4 - "The Summit" Updates

    Wow! Phase2 is less than$1k/sqft. I'm surprised. I though at least $1.2k/sqft
  8. M

    Orchard Hills 4 - "The Summit" Updates

    Next goal is to turn land set aside for a nature preserve into house. They can calm affordable housing to see how it goes!
  9. M

    Orchard Hills 4 - "The Summit" Updates

    Just wait until the strawberry field gets build out. The submit homes will have a good view of how sardine lives.
  10. M

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    You get no neighbors in the back thou. I wonder if they sense a canary in the coal mine. I wonder what the final sale price will be! My guess is 2.3M so around $750/sqft.
  11. M

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    What's up with this house, https://www.zillow.com/homedetails/102-Catalonia-Irvine-CA-92618/136801208_zpid/ ? Price dropped over $700k. Is there a back history to this house like a death?
  12. M

    Will Irvine Real Estate follow recent stock market trend?

    Just ask ChatGPT. 5.4M in today's market.
  13. M

    Will Irvine Real Estate follow recent stock market trend?

    The housing market is strange in Irvine. I seen a few 3M properties bought and turned into rental for 7-8k/month. I assume the 3M was bought in full cash as you won't be any serious profit. Or maybe 40k return/year after the property tax, hao, mello roos, etc. I assume the house is bought...
  14. M

    Orchard Hills 4 - "The Summit" Updates

    Along those lines, I feel it is Chinese people wanted to diversity away from Chinese assets. They can't buy stock or bond in US. So, the only thing of significant value are houses. It is nothing but a safety haven for their money. These 2 houses sold for 3M and are the market for...
  15. M

    Orchard Hills 4 - "The Summit" Updates

    I believe it is the new/old regulation. USPS bundles up the mailbox to save on money and fuel.
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