Very low interest rates make prices affordable. We used to have unsustainable loan programs; now we have unsustainable loan terms. Affordability at these price points is fleeting. It is an opportunity for home ownership most people should pass on.
Irvine Home Address ... 145 Roadrunner Irvine, CA 92603
Resale Home Price ...... $649,000
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The defensive perimeter of the kool-aid intoxicated in Woodbridge is Yale Loop. The foreclosures and defaults are threatening to overrun market prices.
Irvine Home Address ... 1 Cornsilk Irvine, CA 92614
Resale Home Price ...... $769,000
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Are the key players in Washington's finance and mortgage lending issues up to the task of reforming our system. Do they even see the need?
Asking Price: $479,000
Address: 10 Fuchsia Irvine, CA 92604
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A strong housing market requires a healthy economy. California's economy is a disaster. Let's take a closer look today at the way it is.
Asking Price: $675,000
Address: 28 Bombay Irvine, CA 92620
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The low end continues to be absolutely crushed. This tiny apartment condo is a 2002 rollback asking 48% off its peak purchase price.
Asking Price: $199,000
Address: 2233 Martin St #324, Irvine, CA 92612
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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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Columbus Grove is Irvine's low-price leader with properties routinely trading at 40% off.
Asking Price: $750,000
Address: 40 N Desert Willow Irvine, CA 92606
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