Should Adjustable-Rate Mortgages be Curtailed?

Jun 15th, 2009 by IrvineRenter 

 

143 Islington pool 143 Islington kitchen

Asking Price: $565,000

Address: 143 Islington, Irvine, CA 92620

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Open Thread 6-13-2009

Jun 13th, 2009 by IrvineRenter 

If the "green shoots" meme is for real, I am not seeing it.

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Posted in News

2003 is Bust: Huntington, Northwood, Irvine

Jun 12th, 2009 by IrvineRenter 

2003 Rollbacks are the leading edge here in Irvine, and they are becoming much more common.

123 Huntington front 123 Huntington kitchen

Asking Price: $299,900

Address: 123 Huntington, Irvine, CA 92620

Make sure you check out this post over at Huntington Homes.

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Posted in Short Sale

School of Hard Knocks on Scholarship, Jamboree Corridor, Irvine

Jun 11th, 2009 by IrvineRenter 

The school of hard knocks is a costly way to learn about real estate markets. The owners of today's featured property are learning a very hard lesson as their property has lost 39% of its resale value in just over two years.

5053 SCHOLARSHIP outside 5053 SCHOLARSHIP inside

Asking Price: $550,000

Address: 5053 Scholarship, Irvine, CA 92612

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Posted in

Reservoir of Value? Bayberry Way, University Park, Irvine

Jun 10th, 2009 by IrvineRenter 

Can real estate serve as a long-term reservoir of value? For the most part, the answer is no.

18 Bayberry Wayfront 18 Bayberry Way kitchen

Asking Price: $690,000

Address: 18 Bayberry Way, Irvine, CA 92612

IHB Party 6-30-2009 at JT Schmids at the District

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Posted in

FSBO Needs Help on Camphor, University Park, Irvine

Jun 9th, 2009 by IrvineRenter 

You don't need a realtor to sell property. If you know how to market and negotiate, you can do most of the work yourself; however, if you are not skilled in these areas, perhaps a little help might be in order.

3 Camphor S front 3 Camphor S back

Asking Price: $440,000

Address: 3 Camphor S, Irvine, CA 92612

Check out an interview with me at Matt Padilla's blog, Foreclosure is the ‘cure’.

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Posted in Uncategorized

The Lenders Are the Market, Orangetree, Irvine

Jun 8th, 2009 by IrvineRenter 

Lenders are completely in control of the pricing in many markets around California and the rest of the Country, and they control the lowest tier of the market here in Irvine. What will they do with their power?

244 Lemon Grv kitchen 244 Lemon Grv garbage

Asking Price: $263,500

Address: 244 Lemon Grove, Irvine, CA 92618

The Great Housing Bubble

Bonus question: Would you buy on a freeway?

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