Replying to:

Posted by LAMoneyGuy on 12/14/06 at 09:56 AM

Yet this house will reflect an increase in median home prices.  What a joke.

Posted by NanoWest on 12/05/06 at 03:37 PM

Do you suppose there are still people out there buying houses in Irvine with the intention to flip?....it seems rather amazing to me that there were people thinking they could flip in June of this year.  ........this buyer was lucky if he/she only lost 45K!
——-

Posted by steve on 12/05/06 at 03:52 PM

$900,000 and you get to live just 8 feet from your neighbors on all sides!  what a bargain!

and share a driveway with them too!

and no place for your children to play!  no yards and no open space in the entire development! 

wow, what a deal!

Posted by Analysis Guy on 12/05/06 at 04:08 PM

I released three more Q3:2006 reports today - San Francisco, Seattle and Los Angeles.  SoCal is clearly in the worst shape. LA households are now routinely paying more than 50% of their gross income towards housing!

thebubblebuster.com

Posted by Irvine_native on 12/05/06 at 05:51 PM

Almost a million bucks for 1770 feet in IRVINE.  What The Hell?  This is pure madness.

Posted by GrewUpInIrvine on 12/06/06 at 08:07 PM

Even today at work, I spoke with a colleague that was considering the purchase of a condo/townhome in a new Irvine development… and yes, he mentioned that he might buy with the potential for turning around and selling (flipping).  I took pity on him and referred him to this site!

Posted by Irvinite on 12/15/06 at 04:06 PM

For anybody who lives in Irvine, have u guys noticed that the homes in Turtle Ridge that are complete duplicates of many of the Quail Hill neighborhoods sell for about $200,000 more than Quail Hill ?
I THINK THAT IS RIDICULOUS !

Your reply:

Commenting is not available in this weblog entry.