IHB News 11-21-2009

Nov 21st, 2009 by IrvineRenter 

I hope you are enjoying your weekend. Today we have another Woodbridge bubble equity seller.

15 BAYSIDE Irvine, CA 92604 front 15 BAYSIDE Irvine, CA 92604 kitchen

Irvine Home Address ... 15 BAYSIDE Irvine, CA 92604
Resale Home Price ...... $998,000

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0 Astute Observations

It’s a Peach

Nov 20th, 2009 by IrvineRenter 

I am out playing golf today, so I thought I would share with you my favorite golf movie set to residential real estate.

17296 PEACH Irvine, CA 92612 front 17296 PEACH Irvine, CA 92612 inside

Irvine Home Address ... 17296 PEACH Irvine, CA 92612
Resale Home Price ...... $479,000

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30 Astute Observations

High and Going Higher

Nov 19th, 2009 by IrvineRenter 

Do high-end properties appreciate at a faster rate than low-end properties? Today's featured property has appreciated at an 8.3% annual rate since 1973.

19196 SIERRA ISABELLE Rd Irvine, CA 92603 front  19196 SIERRA ISABELLE Rd Irvine, CA 92603 kitchen

Irvine Home Address ... 19196 SIERRA ISABELLE Rd Irvine, CA 92603
Resale Home Price ...... $1,048,888

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Posted in WTF
41 Astute Observations

California Kool Aid

Nov 18th, 2009 by IrvineRenter 

The belief in rapid home price appreciation is deeply held in California. Now with HELOCs to give access to this pot of gold, California Kool Aid has never tasted better.

108 TIMBERWOOD Irvine, CA 92620 front 1 108 TIMBERWOOD Irvine, CA 92620 front 2

Irvine Home Address ... 108 TIMBERWOOD Irvine, CA 92620
Resale Home Price ...... $399,000

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Posted in Real Estate Owned
34 Astute Observations

Down the Drain

Nov 17th, 2009 by IrvineRenter 

This flipper rode the equity wave then left the bank holding the note as values went down the drain.

14492 GUAMA Ave Irvine, CA 92606

Irvine Home Address ... 14492 GUAMA Ave Irvine, CA 92606
Resale Home Price ...... $615,000

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Posted in Real Estate Owned
35 Astute Observations

Low-End Payment Affordability

Nov 16th, 2009 by IrvineRenter 

 The payment affordability at the low end the market is so good that a wage earner making $12.50 per hour can now afford to buy in Irvine.

275 STREAMWOOD Irvine, CA 92620 front 275 STREAMWOOD Irvine, CA 92620 complex

Irvine Home Address ... 275 STREAMWOOD Irvine, CA 92620
Resale Home Price ...... $126,140

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Posted in Real Estate Owned Real Estate Analysis
55 Astute Observations

IHB: Negotiating for Real Estate

Nov 15th, 2009 by IrvineRenter 

Negotiating the sale of residential real estate is no more difficult that negotiating for any other product of service that does not have a fixed price; however, due to the colossal cost of houses, the process is more important financially than negotiating for other big-ticket items like automobiles. A mistake made while buying or selling a house could cost as much as a new car; sometimes such mistakes could pay for many cars. Skilled negotiators can obtain favorable pricing and terms without the assistance of a broker, but the novice who is inexperienced at this process often will not. Novice negotiators can benefit from using a professional real estate agent.
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