We have a new discount record here in Irvine at 59% off. The low end continues to get crushed.
Asking Price: $125,000
Address: 243 Pineview Unit 2b Irvine, CA 92620
Tonight is the night. We will be gathering from 6:30 to 10:00. I look forward to seeing all of you there!
Read the rest of this entry »When people believe an neighborhood is immune to price declines, they bid up prices to truly remarkable levels. The high end is due for a big fall.
Asking Price: $635,000
Address: 42 Gingerwood Irvine, CA 92603
I found a few interesting cartoons to share this weekend. I guess brutal represssion is getting harder to hide these days, and blogging can be dangerous.
There are a some interesting blog posts for you to check out:
Which future Irvine community are you most intrigued by? and Puzzling home listing of the week.
My Alma Mater found me: Land development grad’s book details housing boom, bust in Southern Calif.
Remember, this coming Tuesday is our IHB Block Party.
Prices at the high end still are clinging to peak valuations. Unfortunately for these homeowners, very little is selling at the prices of yesteryear.
Asking Price: $975,000
Address: 40 Morning View, Irvine, CA 92603
Some properties take longer to go through the system than others. This one has been shadow inventory for about 9 months, but now it is seeing the light of the MLS.
Asking Price: $409,800
Address: 24 Salton #63, Irvine, CA 92602
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As the high end of the market collapses, you will see a race to the bottom among similar properties. Today’s featured property is one of three North Korean Tower penthouses competing for buyers who probably are not there.
Asking Price: $1,699,000
Address: 3141 Michelson #1704, Irvine, CA 92612
People who try to sell their own house do not use an agent to advise them on what to do or how to price it to sell. Some people do very well on their own; others… not so much.
Asking Price: $1,500,000
Address: 12 Lorenzo, Irvine, CA 92614
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