Newer Irvine listings with crazy WTF asking prices from equity sellers

[zubs]

Elon says you gotta buy stuff to fight inflation.
Change that cash into hookers n blow.
or a house..or something.
https://libertysons.org/elon-musk-says-buy-things-to-bypass-inflation/

It's like a virtuous cycle...of rising prices!

 

[shadyoc]

Quail Hill is sizzling..https://www.redfin.com/CA/Irvine/28-Silhouette-92603/home/5929550sold for $3.85M ($250k over asking)https://www.redfin.com/CA/Irvine/104-Retreat-92603/home/5902854sold for $2.9M ($250k over asking)

Isn?t Orchard Hills higher price per sq ft than Quail Hill?

 

[Kenkoko]

Quail Hill is sizzling..https://www.redfin.com/CA/Irvine/28-Silhouette-92603/home/5929550sold for $3.85M ($250k over asking)https://www.redfin.com/CA/Irvine/104-Retreat-92603/home/5902854sold for $2.9M ($250k over asking)

Isn?t Orchard Hills higher price per sq ft than Quail Hill?

I doubt that. Even those dreaded 3 level condos are selling around $700 per sqft in Quail Hill

 

[usctrojancpa]

Elon says you gotta buy stuff to fight inflation.
Change that cash into hookers n blow.
or a house..or something.
https://libertysons.org/elon-musk-says-buy-things-to-bypass-inflation/

It's like a virtuous cycle...of rising prices!

Bingo, we can't stay above 175 active listings in Irvine even with the higher rates.  I told LL, WE NEED MORE INVENTORY!!!

 

[Davidlee199]

The Fed is ready to fight the housing bubble. Keep in mind rate was as high as 18% the last time we had inflation this high in 1982. Don?t fight the FED!!https://www.cbsnews.com/news/housing-bubble-2022-federal-reserve-warning/

 

[TestingIrvine]

The Fed is ready to fight the housing bubble. Keep in mind rate was as high as 18% the last time we had inflation this high in 1982. Don?t fight the FED!!https://www.cbsnews.com/news/housing-bubble-2022-federal-reserve-warning/

DavidLee you forgot to post this in the four other threads, it?s not too late! Hurry!

 

[Davidlee199]

To Testing Irvine.
You realtor don?t like me posting the truth right?  Lol?..

 

[CalBears96]

Since when is your opinion the truth?

Only a fool would think the Fed would push the rate higher than 10%. And this "housing bubble" won't be as bad as the one in 2008 because buyers are in better shape this time around. At least, read the article you post.

 

[Davidlee199]

To CalBear

We will find out who is the ?fool? in 2023!! People comparing only the 2008 bubble and never looked at 1982 bubble when inflation was super high?
You are so brave to Fight the Fed? Good Luck ?. ROFL?..

 

[TestingIrvine]

To Testing Irvine.
You realtor don?t like me posting the truth right?  Lol?..

I didn?t disagree I just told you to post on the other threads like you usually do

 

[Ready2Downsize]

The Fed is ready to fight the housing bubble. Keep in mind rate was as high as 18% the last time we had inflation this high in 1982. Don?t fight the FED!!https://www.cbsnews.com/news/housing-bubble-2022-federal-reserve-warning/

Why did you post this article that came out 16 days ago?

Some of us were around then. Rates were NOT raised to 18% from near zero. Rates were already 8% and inflation was raging for YEARS.

 

[Davidlee199]

Ready to Downsize,

This is from today!! More rate hikes coming!! Enjoy!  Lolhttps://news.yahoo.com/fed-chair-powell-says-double-182652403.html

 

[ti2021]

Attached condo with 3 bedrooms in Woodbury asking price $1,990,000.  Big $10k discount from $2 mill
;D ;D ;D

https://www.redfin.com/CA/Irvine/100-Townsend-92620/home/12257231?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet 

Yeah, good luck with that.

$900+/sq ft for an attached condo.  :

They increased the price today to an even $1000/sq ft 8)

 

[CalBears96]

Attached condo with 3 bedrooms in Woodbury asking price $1,990,000.  Big $10k discount from $2 mill
;D ;D ;D

https://www.redfin.com/CA/Irvine/100-Townsend-92620/home/12257231?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet 

Yeah, good luck with that.

$900+/sq ft for an attached condo.  :

They increased the price today to an even $1000/sq ft 8)

I wonder if they got higher than ask price bids or just delusional.  ;D

 

[usctrojancpa]

Attached condo with 3 bedrooms in Woodbury asking price $1,990,000.  Big $10k discount from $2 mill
;D ;D ;D

https://www.redfin.com/CA/Irvine/100-Townsend-92620/home/12257231?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet 

Yeah, good luck with that.

$900+/sq ft for an attached condo.  :

They increased the price today to an even $1000/sq ft 8)

I wonder if they got higher than ask price bids or just delusional.  ;D

No way, why would anyone pay a $1,000 per SF for an attached condo in Woodbury then there are true SFRs that are listed below that?

 

[Danimal]

Attached condo with 3 bedrooms in Woodbury asking price $1,990,000.  Big $10k discount from $2 mill
;D ;D ;D

https://www.redfin.com/CA/Irvine/100-Townsend-92620/home/12257231?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet 

Yeah, good luck with that.

$900+/sq ft for an attached condo.  :

They increased the price today to an even $1000/sq ft 8)

I wonder if they got higher than ask price bids or just delusional.  ;D

No way, why would anyone pay a $1,000 per SF for an attached condo in Woodbury then there are true SFRs that are listed below that?

Seller cant be serious. There is a similar home in the back on a more quiet street but not a corner lot selling for $1mil less.  8)

https://www.redfin.com/CA/Irvine/71-Chantilly-92620/home/7214655?600390594=copy_variant&231528114=control&1778901559=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

 

[sgip]

9 homes in the same zip code with more SF, higher bed/bath counts, and at a lower price point.

This listing on Townsend is clearly underpriced. Multiple bids will push it to $2.3m.

(Sarc)\off.

My .002c

 

[CalBears96]

Seller cant be serious. There is a similar home in the back on a more quiet street but not a corner lot selling for $1mil less.  8)

https://www.redfin.com/CA/Irvine/71-Chantilly-92620/home/7214655?600390594=copy_variant&231528114=control&1778901559=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

It's odd that HOA for this one is only $140/month while the Townsend one is $370/month. I think HOA listed for this one is wrong if it's also a condo.

 

[The Motor Court Company]

https://www.redfin.com/CA/Irvine/100-Townsend-92620/home/12257231?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet
seller must be trolling davidlee

 

[Ready2Downsize]

I was just wondering what happened to all the listings with all the "8"s in the price.
https://www.redfin.com/CA/Irvine/112-Boulder-Pass-92602/home/179156856

Going to be over $70K in property taxes for this trophy home.