IHB: Personal Message from Larry Roberts

Oct 11th, 2009 by IrvineRenter 

Hello, I am Larry Roberts.

I am here to instruct you on the homebuying process and guide you on your journey. I want you to be financially stable and prosperous, and I want you to have a comfortable home. I began writing about real estate because I wanted to save people from financial ruin as the real estate bubble popped. Now, I help people like you through the homebuying process because I want them to have sound financial advice and accurate market analysis--two things in short supply in the Realtor community. The only way I can ensure buyers understand the market and purchase the right house for their circumstances is to guide them through the process. I rely on like-minded agents I trust to treat clients with caring, honesty and respect.

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Posted in

IHB News 10-10-2009

Oct 10th, 2009 by IrvineRenter 

I have a number of small announcements concerning some of the new features of our expanded website. We have tried to keep the transition as painless as possible. Thank you for staying with us.

5153 Scholarship Irvine, CA 92612 front 5153 Scholarship Irvine, CA 92612 kitchen

Address: 5153 Scholarship Irvine, CA 92612
Asking Price: $2,389,000

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Posted in WTF

Superadequacy

Oct 9th, 2009 by IrvineRenter 

When a property is improved beyond what is needed and little value is added, it is called superadaquacy.

1 Whitney Irvine, CA 92620 front 1 Whitney Irvine, CA 92620 kitchen

Address: 1 Whitney Irvine, CA 92620
Asking Price: $1,190,000

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Where Are They Now?

Oct 8th, 2009 by IrvineRenter 

Today we are going to look at two of the more colorful losers to emerge from The Great Housing Bubble; David Lereah and Casey Serin.

2313 Watermarke Pl Irvine, CA 92612 front 2313 Watermarke Pl Irvine, CA 92612 kitchen

Address: 2313 Watermarke Pl Irvine, CA 92612
Asking Price: $350,000

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Posted in Short Sale

Time to Payoff

Oct 7th, 2009 by IrvineRenter 

Irvine doesn't have any great cashflow properties. Today's is cashflow positive, but it is still have to believe in appreciation to pay these prices for small condos.

228 Orange Blossom 228 Orange Blossom 34 Irvine, CA 92618

Address: 228 Orange Blossom 34 Irvine, CA 92618
Asking Price: $130,000

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Moon Real Estate

Oct 6th, 2009 by IrvineRenter 

So what happens when we run out of land? Perhaps we will develop the moon; although, we will run out of land even faster there since it is so small...

20 Moonstone Irvine, CA 92602 front 20 Moonstone Irvine, CA 92602 kitchen

Address: 20 Moonstone Irvine, CA 92602
Asking Price: $529,000

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Posted in Short Sale

Accelerated Amortization

Oct 5th, 2009 by IrvineRenter 

Very low interest rates make prices affordable. We used to have unsustainable loan programs; now we have unsustainable loan terms. Affordability at these price points is fleeting. It is an opportunity for home ownership most people should pass on.

145 Roadrunner Irvine, CA 92603 front 145 Roadrunner Irvine, CA 92603 kitchen

Irvine Home Address ... 145 Roadrunner Irvine, CA 92603
Resale Home Price ...... $649,000
The Great Housing Bubble

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