Most people vastly overestimate the actual long-term appreciation of real estate. Today, we will look at a condo purchased originally in 1990 that has appreciated at 4% per year to reach today's still-inflated pricing.
Irvine Home Address ... 90 LAKEPINES Unit 5b Irvine, CA 92620
Resale Home Price ...... $195,000
Federal Reserve interest rate support is a major reason not to buy a home. When these supports are removed and interest rates rise to market levels, loans will get smaller and prices will go lower -- when the shadow inventory finally arrives.
Irvine Home Address ... 4 EARLYMORN Irvine, CA 92614
Resale Home Price ...... $1,150,000
The Federal Reserve will not be raising interest rates for quite some time. When inflation takes off, I believe they will let it go for a while.
Asking Price: $649,000
Address: 1 Blackswan Irvine, CA 92604
Real estate can and should be a part of your retirement plan, but don't bank on appreciation. Cashflow is the key.
Asking Price: $429,000
Address: 34 Ardmore Irvine, CA 92602 
Our bear rally is bringing out the flippers. Will they turn a quick buck? or will they get stuck with overpriced properties due for another fall?
Asking Price: $875,000
Address: 11 LAURELGLEN Irvine, CA 92614
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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
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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