Is this a good time to buy?

[irvinehomeowner]

Oh well… Irvine schools are still good feeder to UC systems…

Especially via IVC.

 

[Liar Loan]

Wow... you went from "thousands of foreclosures that were profiled in IHB" (impossible by the math) to thousands who lost their homes but still did not include the comparison to other OC cities.

You're putting quotes on those words. Where did I say "thousands of foreclosures that were profiled in IHB"?

But I am glad that you are finally admitting that Irvine home owners lost thousands of homes. 6.2% of Irvine homes lost during that time means 1 in 16 which is an unmitigated disaster and ties into the point that I was making to @EatatAnteaters that the price you pay matters.

 

[Liar Loan]

But you posted the data from 2024-2026 for a very specific reason right? I was just curious if data from 2016-2026 would also help make your case? If it helps your case you can gladly post it? And no response to my comment last week in the 2026 happiest cities in America post. Wonder why?

The reason I posted data from the past two years is because it pertains to the high price, high interest rate environment we are currently in.

As nice as it would be for us to all reminisce about the housing gains of years past, it doesn't really help @EatatAnteaters make a decision about the current housing market does it?

 

[ThirtySomethingWEquity]

But Liar Loan is a perpetual renter. He convinced his wife and kids to sell their house that it'd be "just for a little bit until the crash happens." But now they're priced out, stuck in a one bedroom apartment in santa ana, all the kids cramped in the loft, the kitchen appliances barely work.

Of course Liar is bitter about Irvine prices. Every day he looks at his tiny apartment, watches his NFTs, and says "those will go back up eventually, and irvine prices will come down, and I'll buy my Quail Hill 6 bedroom place next year!".

(fan fiction).