Traffic circles work much better than 4-way stops. In theory.
In reality, Americans have no clue what to do with them, freak out, and clog them up.
Given the most of the traffic is from residents, it might not be so bad (they’re used to it).
Posted by Anon on 10/02/06 at 06:47 AM
I love watching the action in Flipper Hill. I think the whole development was purchased by flippers. The competition in the condo section is getting very interesting, too. ——-
Posted by Irvine_native on 10/02/06 at 07:03 AM
Flipper Hill! Fantastic name. I remember touring those homes when they were being built and was amazed at the asking prices then. I found the area unappealing because of how close the homes were to each other. Now the prices are in lala land. $1.4 million? I can’t imagine that the type of person who could afford that kind of mortgage would even consider Quail Hill.
It seems like it is just a bunch of flippers selling homes to each other there.
Posted by nostradamus on 10/02/06 at 07:48 AM
that is a good one! I recall looking at a rental in QH about a year and a half ago. The owner/flipper had just closed on the condo and was desperate for a renter, willing to negotiate heavily with me. It struck me that nobody is enforcing the CC&R’s at QH, aren’t they supposed to be owner occupied for at least one year before flipping?
I ended up renting in West Park, lots bigger home/yard for the same money ($2700/month).
Something that has always bugged me about Flipper Hill (great name by the way!) was that as far as I can tell, there is only one way in and out, via the traffic circle. I’ve never been there at rush hour but I would imagine it gets pretty crowded???
I just saw that sale history again. The damn thing actually appreciated from Summer 05 to Summer 06? Do other houses in that tract show a similar trend?
oc_fliptrack, here’s what I’ve found regarding prior sales in the Olivos tract (unfortunately I think the formatting may get butchered):
Address,Sq ft, Plan, Price Sold, Date Sold
123 Weathervane 2964 sq ft Model 3 $1,135,000 11/05/2004
118 Weathervane 2310 sq ft Model 1 $1,020,000 05/05/2005
110 Treehouse 2964 sq ft Model 3 $1,250,000 06/09/2005
101 Lattice 2460 sq ft Model 2 $1,380,000 03/01/2006
114 Treehouse 2500 sq ft Model 2 $1,343,000 05/18/2006
126 Treehouse 2964 sq ft Model 3 $1,445,000 06/09/2006
109 Lattice 2500 sq ft Model 2 $1,425,000 06/20/2006
And here’s what currently on the market in the Olivos tract:
Address, sq ft, plan, list price, dom
107 Weathervane 2310 sq ft Model 1 $1,490,000 61 DOM
109 Lattice 2500 sq ft Model 2 $1,499,000 71 DOM
125 Lattice 2500 sq ft Model 2 $1,599,000 101 DOM
117 Treehouse 2500 sq ft Model 2 $1,250,000 60 DOM
130 Weathervane 2405 sq ft Model C $1,469,000 40 DOM
Posted by oc_fliptrack on 10/02/06 at 06:05 PM
Traffic circles work much better than 4-way stops. In theory.
In reality, Americans have no clue what to do with them, freak out, and clog them up.
Given the most of the traffic is from residents, it might not be so bad (they’re used to it).
Posted by Anon on 10/02/06 at 06:47 AM
I love watching the action in Flipper Hill. I think the whole development was purchased by flippers. The competition in the condo section is getting very interesting, too.
——-
Posted by Irvine_native on 10/02/06 at 07:03 AM
Flipper Hill! Fantastic name. I remember touring those homes when they were being built and was amazed at the asking prices then. I found the area unappealing because of how close the homes were to each other. Now the prices are in lala land. $1.4 million? I can’t imagine that the type of person who could afford that kind of mortgage would even consider Quail Hill.
It seems like it is just a bunch of flippers selling homes to each other there.
Posted by nostradamus on 10/02/06 at 07:48 AM
that is a good one! I recall looking at a rental in QH about a year and a half ago. The owner/flipper had just closed on the condo and was desperate for a renter, willing to negotiate heavily with me. It struck me that nobody is enforcing the CC&R’s at QH, aren’t they supposed to be owner occupied for at least one year before flipping?
I ended up renting in West Park, lots bigger home/yard for the same money ($2700/month).
Posted by irvinesinglemom on 10/02/06 at 11:20 AM
Something that has always bugged me about Flipper Hill (great name by the way!) was that as far as I can tell, there is only one way in and out, via the traffic circle. I’ve never been there at rush hour but I would imagine it gets pretty crowded???
Posted by oc_fliptrack on 10/02/06 at 06:07 PM
I just saw that sale history again. The damn thing actually appreciated from Summer 05 to Summer 06? Do other houses in that tract show a similar trend?
Posted by slomo on 10/02/06 at 06:27 PM
two words: tulips.
oh, sorry, that’s one word…
Posted by zovall on 10/03/06 at 07:38 PM
oc_fliptrack, here’s what I’ve found regarding prior sales in the Olivos tract (unfortunately I think the formatting may get butchered):
Address,Sq ft, Plan, Price Sold, Date Sold
123 Weathervane 2964 sq ft Model 3 $1,135,000 11/05/2004
118 Weathervane 2310 sq ft Model 1 $1,020,000 05/05/2005
110 Treehouse 2964 sq ft Model 3 $1,250,000 06/09/2005
101 Lattice 2460 sq ft Model 2 $1,380,000 03/01/2006
114 Treehouse 2500 sq ft Model 2 $1,343,000 05/18/2006
126 Treehouse 2964 sq ft Model 3 $1,445,000 06/09/2006
109 Lattice 2500 sq ft Model 2 $1,425,000 06/20/2006
And here’s what currently on the market in the Olivos tract:
Address, sq ft, plan, list price, dom
107 Weathervane 2310 sq ft Model 1 $1,490,000 61 DOM
109 Lattice 2500 sq ft Model 2 $1,499,000 71 DOM
125 Lattice 2500 sq ft Model 2 $1,599,000 101 DOM
117 Treehouse 2500 sq ft Model 2 $1,250,000 60 DOM
130 Weathervane 2405 sq ft Model C $1,469,000 40 DOM