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The labor is cheap, just because the Rs (Indian currency) so devalued due to inflation, and it trades @ 45x times for a dollar. The cost of living in India is not that cheaper, with the indian median salary. The real estate is super crazy, for the last 10 years, due to globalization effect...

wouldn't it disadvantage for TIC? who is been using the scare tactics of 'you know rates might go up soon'? I know couple of my friends just bought, just thinking the interest rates might go up. Now people know the rates are going nowhere for next 2 years, and could pull the trigger at their...

What effect will it have on Irvine market?..... http://news.yahoo.com/fed-under-pressure-act-world-markets-swoon-050130864.html

Yep, I agree with IndieDev, some of my friends bought home in Irvine, just for the sake owning a home in irvine (due to various reasons including safety, schools, infrastructure etc...). But really they have stretched a lot to make the mortgages (not sure about other buyers though). I understand...

Here is the instructions to use it http://www.ismashphone.com/2009/06/how-to-use-app-store-promo-codes.html

hey all,     in some posts people asked about an iphone app to find schools near your location or address and API data. I have been thinking about it for while and created an app. here it is http://itunes.apple.com/us/app/findschool/id440750430?mt=8&ls=1    It is very simple, basic app. Of...

This is what i heard from sales people about mello-roos and HOA. Mello-Roos - 5050 to 5200 HOA - 160 (only one HOA)

@akim997 Plan 2 is 545K (some selected plans) not 520, just FYI. If you think this is good price, then I have to say Sevilla offers better pricing, their detached homes are about 300 per sft, which is detached, well built and lesser HOA. Capistrano @ SGE also around same price

The plan price varies from 540k to 600K.

I don't think discussing in this forum would have changed their mind, if so, TIC would have got some sense and corrected the pricing of its condo products. TIC fix its pricing just by gauging the demand. Some products has lot of demand others don't. You can see this behavior on multiple products...

If you extrapolate pre-boom irvine real estate market to current level (including inflation), the square foot price should be around $250 to 275. Thats median for all types of homes. So for condo without driveway and yard, it should be lesser. Whole irvine market is about 10 to 20% overpriced...

Nobody is "acting like they are doing KB a favor", all I was saying is that their pricing model for a condo, with so many negative points, doesn't reflect the market reality. Thats all. I hope at least you will agree to that part of this discussion. 

Is this about the comment made by me :-)? or the 1.3B balance number?

Well, they did not take the offer. I decided to skip them. Looks like they prefer their product hand out their with out a buyer than make any sensible pricing. Good luck with that!!! :-)

Well, they did not take the offer. I decided to skip them. Looks like they prefer their product hang out there with out a buyer than make any sensible pricing. Good luck with that!!! :-)

Did you see my other posting about ironwood, they have so many negative points, and also not many people are interested to buy their product, unlike their coronado product, thats what I am really worried about, and want to make sure not buying something would be a hard sell during resale.

Yeah, the floor plans are creepy, but we liked plan-1, for some specific reasons. Kitchen is kind of separated but still open to living space (planning a dining + pool table combo), having 3 BR + Loft, tech areas in 1950 sqft. I kind of felt the plan-1 was built efficiently. We are thinking...

  We are planning buy Ironwood in Portola Springs. We negotiated with them and intends to buy, if they accept our offer with some incentives. The per sqft price works out about $250. Is this good price for an attached product in portola springs by KB Home?

I visited there and took the Redfin sale detail to talk to the sales lady. She said it is because the property was sitting there 4 months they sold it @ that price and we may not able to do so again as they see some upward trend. Can anyone believe this? :-) :-)

Info is up in TIC site http://www.villagesofirvine.com/Villages-And-Residences/Portola-Springs-Overview.aspx?type=home&Id=260