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  1. sgip

    3D Printed affordable home, a Lennar/ICON home development.

    Not Irvine info, but read on if interested. I went through this source article: https://www.businessinsider.com/lennar-icon-3d-printed-homes-start-construction-texas-2022-11 Then visited the sales site: https://homes.iconbuild.com/wolf-ranch/ Pretty interesting stuff if I must say so. The...
  2. sgip

    "Most Educated Cities" Forbes article.

    Interesting stats.... https://www.forbes.com/advisor/education/most-educated-cities/
  3. sgip

    Debt Ceiling and 1031's

    I've seen a few articles mention how changes to the 1031 tax exchange law has been pushed by the Biden Administration. It's also coming up as a Republican talking point. So far, no one from the Real Estate community has been squawking about this, but perhaps because it's not yet a certain thing...
  4. sgip

    2023 Standard and High Balance Conforming Loan Limits announced by FHFA.

    Standard Conforming now $726,200 High Balance Conforming now $1,089,300 This will mean Banks with lower Non-Agency loan rates can offer them at $726,201, some at $726,300 depending on the vendor. More info here...
  5. sgip

    Syracuse and Micron Technology - Non-Owner Purchase opportunity?

    Big news out of Upstate NY as Micron Technology is planning to build a mammoth chip building facility in Syracuse NY. It might still go sideways of course as we saw with Amazon and their NYC purchase being torpedoed by AOC and her shenanigans. NY has some important loan and rental property rules...
  6. sgip

    Builders Vs 1st/2nd Phase buyers.

    Every housing downturn pits new home sellers against 1st and 2nd phase buyers who are able to capitalize on significantly higher prices the builders find themselves in phases 3 and on. I saw an example of a listing like this today. Lennar is building "The Farm" in San Juan Capistrano...
  7. sgip

    Shanghai, 1940's restored short film

    I've favorited this YT channel some time ago and they finally completed work on a non-US/European city. It's title is "Asian City" but the comments say it's Shanghai. Curious what all of the signs say - ads? propaganda, "move to Irvine ask me how!", Your insights welcomed below...
  8. sgip

    Everything Everywhere All At Once.

    Watched it over the Father's Day Weekend. It's a hard PG-13, so not for everyone, but an amazing film. Completely unexpected at it's emotional depth. Anyone else feel the same about it?
  9. sgip

    Lennar "The Farm" Master Planned Community in San Juan Capistrano

    Was alerted about this community by a family member who owns a home right across the street. I stopped by mid week to see what the story was. Lennar is trying out a different sales approach. The model home complex does not have a "trap gate", nor do they have a centralized sales office on site...
  10. sgip

    2022 Agency loan limits now confirmed

    National Standard Conforming Limits 1 unit  $647,200 2 units  $828,700 3 units  $1,001,650 4 units  $1,244,850 Los Angeles / Orange County High Balance Loan Limits 1 unit  $970,800 2 units  $1,243,050 3 units  $1,502.475 4 units  $1,867,275 San Diego County High Balance Loan Limits 1...
  11. sgip

    SoCal Odd listings

    Surprised there hasn't been a thread about housing oddities / bad realtor photos yet. I'll start this off with a new listing in the Riverside area: Mid-Century Modern -https://www.redfin.com/CA/Riverside/7132-Alviso-Ave-92509/home/4890009 Unfortunately the lazy listing agents didn't (yet?)...
  12. sgip

    Anyone pitted a corporate home buying firm against another?

    Many of us have seen videos of Hey Google, Alexa, and Siri hold automated conversations between each other. The purchase market is becoming more and more automated every day, although a good Realtor will always perform better than these corporate agents might. As families and individual buyers...
  13. sgip

    New Listing - Santa Ana 2 unit - 1702 East Fairhaven, Santa Ana 92705

    Presented without additional comment: https://www.redfin.com/CA/Santa-Ana/1702-Fairhaven-Ave-92705/home/145982486 My .02c
  14. sgip

    Ring and Amazon Sidewalk, opting out?

    Anyone else besides the Soylent Green household opting out of Amazon Sidewalk? If so, you have until June 8th. Info Sources: https://www.tomsguide.com/reference/what-is-amazon-sidewalk or https://www.theverge.com/22463257/amazon-sidewalk-privacy-how-to-opt-out
  15. sgip

    Purchase loan long term rate lock questions and answers.

    I've been getting more questions lately about how long term rate locks work - their benefits and their processes - so a post seems to be in order. Generally speaking for a Conforming High Balance loan or a Jumbo Non-Conforming purchase loan, you'll see rates on average at 3.0% for zero points...
  16. sgip

    Own rental property? Your thoughts on how this could impact you:

    Update from earlier post on the subject here:https://www.talkirvine.com/index.php/topic,17901.msg378596.html#msg378596 This tax plan won't pass in its present form, but don't fool yourself: Eventually bits and pieces are going to become law.  Incrementalism is the only way they get these things...
  17. sgip

    Agency Investment and Second Home lending changes.

    FNMA released information today ( Lender Letter 2021-08 ) of great impact to non-owner occupied AND second home lending. The Agencies are expected to push back the amount of investment/second home loans they will buy to 7 percent of their portfolio...
  18. sgip

    How to avoid being carpet bombed by phone calls about refi offers.

    I'm sure there's plenty of posters here who after starting down the refinance path now find themselves fending off hundreds of unsolicited phone calls from other lenders. One client had to let their voice mail system fill to the brim with messages for a 10 day period (Blegh). I dread answering...
  19. sgip

    Fire Evacuation Shelter Locations - Per City of Irvine

    Best to re-post as a single thread. From an original post by @innosint Straight from city of irvine website Today at 6:47 a.m., a vegetation fire began  in the area of Santiago Canyon Rd / Silverado Canyon Road. OCFA firefighters on scene of a 10 acre fire, wind driven with a moderate rate...
  20. sgip

    An interesting AND non-partisan website regarding voting records:

    Pro-Publica is generally considered a non-partisan website, perhaps slightly left leaning. https://www.allsides.com/news-source/propublica Just for giggles - input any House member and compare them to another: Example...
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