Johns Creek ranks #1 Best Place to Live by U.S. News & World Report

[irvinehomeowner]

Funny... I thought all the buildable land in Irvine was what keeps prices elevated because you can always buy new housing here.

 

[Yoda]

Did I miss something? Why is someplace in Georgia being discussed in a "Talk Irvine" forum?

 

[Liar Loan]

Did I miss something? Why is someplace in Georgia being discussed in a "Talk Irvine" forum?

This is General Real Estate and Mortgage Talk so it's fair game.

 

[usctrojancpa]

If you consider Russians and Poland as Asian as well.

Wait, what? I'm considered being Asian since I'm Polish or is it because my girlfriend is Chinese?

 

[usctrojancpa]

Did I miss something? Why is someplace in Georgia being discussed in a "Talk Irvine" forum?

Panda just uses Talk Irvine to try to get some new buyers for Johns Creek.

 

[Liar Loan]

Panda just uses Talk Irvine to try to get some new buyers for Johns Creek.

It's good to get perspective from outside the Irvine bubble. He also brings up a good question: Can other areas replicate the Irvine miracle?

 

[irvinehomeowner]

Also Panda was going to live in Irvine... so he's having buyer's remorse.

 

[Yoda]

It's good to get perspective from outside the Irvine bubble. He also brings up a good question: Can other areas replicate the Irvine miracle?

I don't think any other area can replicate the "Irvine Miracle" especially not without all the FCB's that Irvine has "name recognition" with and depends on and definitely don't think that someplace in Georgia can replicate Irvine or is even a good head to head comparison with Irvine! LOL

Never heard of Johns Creek before prior to seeing this thread on "Talk Irvine"!

 

[ThirtySomethingWEquity]

Panda just uses Talk Irvine to try to get some new buyers for Johns Creek.

Panda is trying to convince himself he wouldn't move to Irvine or even Lake Forest in a heartbeat if someone handed him the keys to a new detached condo.

 

[test]

Panda just uses Talk Irvine to try to get some new buyers for Johns Creek.

In other words this whole thread is spam, can a mod please delete it.

 

[Liar Loan]

Also Panda was going to live in Irvine... so he's having buyer's remorse.

Coincidentally, everyone that bought in Irvine at the peak are also having buyer's remorse. Sad really.

 

[usctrojancpa]

It's good to get perspective from outside the Irvine bubble. He also brings up a good question: Can other areas replicate the Irvine miracle?

The answer to that is NO because Irvine is land locked that is mostly built out and unlike anyone other city in the US it has the backing of The Irvine Company which owns a ton of apartments, retail, office, and industrial space so they are incentivized to keep the Irvine perception of Irvine high (not to mention the great weather and close vicinity to Asian).

 

[irvinehomeowner]

Coincidentally, everyone that bought in Irvine at the peak are also having buyer's remorse. Sad really.

Your jealousy is sad. Peak buyers in Irvine better off than where you have purchased.

 

[ThirtySomethingWEquity]

Coincidentally, everyone that bought in Irvine at the peak are also having buyer's remorse. Sad really.

are they, if they are rich and live there with their family?

I mean, I bought my house in Foothill Ranch expecting prices to drop quite a bit in the short term, but I loved the house and saw myself living there for 20+ years.

(spoiler, it didn't drop in value, I gained ~800k in equity since I moved in).


Timing matters a whole lot more for investment properties, less so for primary residence.

 

[GrowthStateofMind]

Coincidentally, everyone that bought in Irvine at the peak are also having buyer's remorse. Sad really.

Let’s be honest and objective though, buying at the peak of a market cycle is not exclusive to Irvine like you’re trying to imply. There’s a macro cooldown of most housing markets right now. Someone eventually buys the top and will feel buyer’s remorse if they have too short of a time horizon thinking they can make a quick buck and gets caught bag-holding, whether it’s A-class or D-class city and the market has shifted away from a seller’s market.

 

[Liar Loan]

Timing matters a whole lot more for investment properties, less so for primary residence.

It matters for both because being underwater has a lot of ripple effects for owner occupants. The predecessor blog IHB profiled thousands of Irvine owners that took it in the shorts and lost their homes.