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[quote author="dethman" date=1258274306][quote author="PANDA" date=1258271028][quote author="frank69m" date=1258270457][quote author="PANDA" date=1257757603]<a href="http://www.redfin.com/CA/Irvine/28-Winding-Way-92620/home/5959474">http://www.redfin.com/CA/Irvine/28-Winding-Way-92620/home/5959474</a>
FINALLY!!! THESE BABIES ARE COMING DOWN! It is about time DAMMIT! $899,900 - ($249,900 Bubble) = $650,000 in 2012.
This Villa Rosa listing is Not a Short Sale.
Sold for $910,000.</blockquote>
Wow. pretty good price. Well, like I said, I think the master bedroom downstairs lowered the price of this house.</blockquote>
Really??? I think the buyer over paid alteast 20% on this house. That's crazy.. someone would pay $910,000 for this house.</blockquote>
overpaid 20%, so seriously you think a house like this will go for 728K within the next year? doubt it.
the new carmels, which start at 2600sqft (same as this house) are starting in the low 900,000's and that will be at least through mid 2010.
it'll be a while before prices move from where they are in irvine, though they will move downwards eventually to some extent. right now, there are a bunch of frustrated buyers, who are willing to pay the premium for the location. we'll see what happens through 2012...</blockquote>
I have a feeling that Carmel raised its prices to low $900s to protect the prices of the Rosemoor and Villa Rosa. Many of these owners have $1,000,000 plus mortgages and barely holding onto their holding onto their properties. January 2010 Phase 1 release for the new woodbury homes are a complete Chinese Rat Trap.
FINALLY!!! THESE BABIES ARE COMING DOWN! It is about time DAMMIT! $899,900 - ($249,900 Bubble) = $650,000 in 2012.
This Villa Rosa listing is Not a Short Sale.
Sold for $910,000.</blockquote>
Wow. pretty good price. Well, like I said, I think the master bedroom downstairs lowered the price of this house.</blockquote>
Really??? I think the buyer over paid alteast 20% on this house. That's crazy.. someone would pay $910,000 for this house.</blockquote>
overpaid 20%, so seriously you think a house like this will go for 728K within the next year? doubt it.
the new carmels, which start at 2600sqft (same as this house) are starting in the low 900,000's and that will be at least through mid 2010.
it'll be a while before prices move from where they are in irvine, though they will move downwards eventually to some extent. right now, there are a bunch of frustrated buyers, who are willing to pay the premium for the location. we'll see what happens through 2012...</blockquote>
I have a feeling that Carmel raised its prices to low $900s to protect the prices of the Rosemoor and Villa Rosa. Many of these owners have $1,000,000 plus mortgages and barely holding onto their holding onto their properties. January 2010 Phase 1 release for the new woodbury homes are a complete Chinese Rat Trap.