May 29th, 2009
by IrvineRenter
Prices are still falling, and wise owners with equity are getting out while there is still some bubble equity left. There are not many of these people, but their movement against the masses of the kool aid intoxicated will give them greater profits than those that "wait and see."
Asking Price: $299,567
Address: 119 Fallingstar, Irvine, CA 92614
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May 28th, 2009
by IrvineRenter
Do housing market prices in California swing like a pendulum? It appears that way, but the forces behind the movements are entirely caused by people rather than forces of nature.
Asking Price: $492,000
Address: 4 Pendelton, Irvine, CA 92620
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May 27th, 2009
by IrvineRenter
Move-up housing is not an equity appreciation play as most people think. True move-up housing is cashflow savings technique that will be in vogue again in a few years.
Today we have another condo in Orangtee rolling back to 2003 pricing.
Asking Price: $299,000
Address: 294 Lemon Grove, Irvine, CA 92618
Did you see the weekend post, HELOC Abuse San Clemente Style? Kelli Hart has a follow up on South Coast Homes.
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May 26th, 2009
by IrvineRenter
Not every neighborhood in Irvine is well planned. In fact, the section of El Camino Real between Yale and Jeffrey is rather poorly planned, and the property values suffer there as a result.
Asking Price: $559,000
Address: 4882 Flagstar Circle, Irvine, CA 92604
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May 25th, 2009
by IrvineRenter
Once an owner has extracted every penny of equity and "put" the property to the bank, they don't care anymore because they think, "I Got Mine."
Asking Price: $450,000
Address: 51 Lakeshore #20, Irvine, CA 92604
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May 23rd, 2009
by IrvineRenter
Our popular tour to surrounding communities in search of HELOC abuse continues in Huntington Beach. So far we have seen $3,367,500 HELOC Abuse from Hollywood, $5,000,000 HELOC abuse from Laguna Beach, $7,000,000 HELOC abuse in Newport Coast and 18 different properties in Huntington Beach. Today we will examine the sleepy beach community of San Clemente.
Asking Price: $798,000
Address: 121 W Avenida San Antonio San Clemente, CA 92672
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May 22nd, 2009
by IrvineRenter
The sun is shining, the bluebells are blooming, and prices are crashing back to 2003 levels.
Asking Price: $450,000
Address: 14 Bluebell, Irvine, CA 92618
Irvine Homes has my profile on Deerwood in Irvine.
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