Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
So how much has your home appreciated by?Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
USCTrojanCPA said:So how much has your home appreciated by?Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
So about 12% appreciationBaby Irvine said:Purchase price : june 30th, 2011 : $488,068
$97,613.60 : Down payment 20%
refinanced in February 22, 2012 : 3.875% 30 year Appraisal value: $545,000
Last closing: $565,000 for same plan, upgrade and lot size
$545,000 - $488,068 = $56,932 / $97,613 = 58% over 12 months.
USCTrojanCPA said:So how much has your home appreciated by?Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
We only have about 2-3 months of inventory in Irvine today....about 200 sales per month with about 450 active listings. Slim pickings out there and anything nice that's somewhat reasonably priced flies into escrow with multiple offers, some over list price. I'm probably up on my home about 10% since I bought and remodeled it (purchase price + remodeling costs).Baby Irvine said:Trojan, what about you. I haven't been following the RE market in Irvine lately. Are you seeing a appreciation in the last 12 months? How many months of inventory is available?
The same inventory shortage is going on in almost every city in Orange County as well as Las Vegas. If we stay as low as we are in terms of inventory, I could see some slight price appreciation, but you will need buyers to bid above comps.Baby Irvine said:2-3 month supply is a sellers market. So are you seeing some appreciation across the board for Irvine? Is the median home price rising from where it was a year ago?
zovall said:So in this study - National Rank and State Rank (my eyes were tired so the state # could be off):
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)
irvinehomeshopper said:Baby Irvine made a wise choice with Johns Creek. 20 years from now he will be making a lot of money and will have lived in a very nice estate size property with gracious living and by then IHO will still be wondering how to expand his 2.5 car to a 3CWG.
Johns Creek beat University High by 49 positions. You did well Baby Irvine! Highly rated school and infancy of Asian migration are the perfect formula. If the Asian population is less than 10% currently then you are destined to experience a huge equity appreciations the near future.
After visiting East Pearl in Duluth I checked out the near by Johns Creek. This place has excellent potential to become the next Fremont of the Silicon Valley.
Baby Irvine said:Northview - Johns Creek - #99 (#2) -![]()
I don't know what it is like in Irvine, but homes are flying off the shelf in my zip code. Last year was the bottom here.
University - #148 (#21)
Northwood - #159 (#24)
Corona Del Mar - #202 (#31)
Irvine - #221 (#34)
Beckman - #284 (#44)
Woodbridge - #630 (#91)