If you want to see single-family detached homes trading below rental parity, you do not have to go far. This one in Tustin is just north of the District.

Asking Price: $449,900
Address: 14802 Devonshire Ave Tustin, CA 92780
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An insiders view on the pricing policies and inner workings of the Irvine Company. This post is from multiple sources, but I claim no first-hand knowledge of what is written. I think you will find it interesting.

Asking Price: $699,000
Address: 6 Lakeside #33 Irvine, CA 92604
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Happy 4th of July! I hope you are enjoying this wonderful holiday weekend.

I was featured this week at the Irvine Homes Blog (Blogger: Irvine housing market nowhere near bottom). I will expand on some of those questions in posts next week.
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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.

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The big news this week was the introduction of regulatory reform of the financial services industry. I hope they get it right. Calculated Risk has a great overview of the reform proposals. It contains links to many documents including the governments white paper on the subject.
We have been updating and expanding our library and knowledge base. It is a work in progress.

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

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Is it only the blogs that noticed a huge spike in interest rates over the last couple of weeks?

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