Do very low short sale prices still have shock value? If too many sellers go this route, the shock wears off, and expectation of lower future prices becomes the norm.

Asking Price: $568,000
Address: 26 E Midsummer Irvine, CA 92620
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The properties in Rosegate are beautiful, but the prices are still borderline WTF.

Asking Price: $1,849,900
Address: 35 New Dawn Irvine, CA 92620
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The housing bubble enriched some and wiped out others. In our ongoing deflation, some are taking advantage of our bear rally to start flipping again. Will they hit the jackpot?

Asking Price: $550,000
Address: 14811 Groveview Ln Irvine, CA 92604
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Bank of America underwrote a $300,000 HELOC that was a complete loss in less than 1 year.

Asking Price: $429,000
Address: 8 Sunstream Irvine, CA 92603
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The people who spent their homes are the ones selling now. Today we have two in the same neighborhood.

Asking Price: $558,880
Address: 182 Garden Gate Ln Irvine, CA 92620
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Irvine and Laguna Beach are very close, and although the lifestyles are very different, the housing markets draw from the same buyer pool. Pricing in one community impacts the other.

Asking Price: $1,998,000
Address: 20 Wildland Irvine, CA 92603
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My feelings about HELOC abuse keep changing, and I am not angry anymore. How do you feel when you think about this now?

Asking Price: $830,000
Address: 12 Rutherford Irvine, CA 92602

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