Replying to:

Posted by Priced_Out_IT_Guy on 08/24/08 at 10:34 AM

Immature pre-school arguments like this are one reason why people navigate away from the comments section on this blog entirely. Take your politico rants elsewhere.

Posted by scott on 08/23/08 at 10:52 AM

LOL…actually to go one better, why even wait for my house to go up in value, since the house always goes up why cant you also pay me next years appreciation now as well?  We can call it the Pay U Tommorow price with no amortiZation (the PUTZ)

Posted by IrvineRenter on 08/23/08 at 10:55 AM

LOL! the PUTZ. That is fantastic.

Posted by Chris on 08/23/08 at 10:59 AM

I didn’t check out IHB for the past few days and so I’ll leave my comments now.

22 Claret sales price back in ‘06 is a freaking joke. I sold my 2b/2b Oak Creek condo a bit less than that price and that condo was WAY better than this crapo 22 Claret with 1b/2b/1d (2 bed my foot).

Regarding the current RE state, the so-called knife catchers are mostly real homeowners who are going to stay for a while and so a further drop in RE price are going to be caused by 1) more foreclosure homes coming into market and 2) distress gamblers.

Anyway, JMHO (observation and not opinion).

Posted by Chris on 08/23/08 at 11:08 AM

One more potential risk: California’s pathetic budget. There is absolutely no way this impasse will continue unless 2 things occur: 1) cut spending and 2) raise taxes. Frankly, #1 is close to impossible because of Democraps and the passing of various props that tie up the hands of politicians from making dramatic cuts. Sh*t, talk about biting back at ya with Prop 13….if they can’t raise taxes without 2/3 majority, they can’t cut spending because of Prop 98 and other props. Talk about Karma and the (So Cal) beaches grin

I don’t see any other way unless #2 occurs and that will take Cali RE market down another notch.

Posted by alan on 08/23/08 at 12:03 PM

From a marketing standpoint, I think PayU sounds better than PU.  Like your geting into a university.

Posted by IrvineRenter on 08/23/08 at 02:36 PM

PU is perhaps more representative of what people would think this program smells like after it has been around a while.

Posted by east coast wonderman on 08/23/08 at 02:49 PM

“Democraps”: thanks for keeping it classy, dude. Your party’s “free marketeers” are a real inspiration for us all. Lehman, Bears Stearns, Fannie/Freddie, and now the big auto manufacturers want a bailout. What ever happened to your ownership society? It’s always socialism as your main rant, but it’s what? state socialism now?

I say keep the politics down to a dull roar on this page since there’s no way a kool aid drinker (in other contexts this means a 28% dead ender who thinks that gay marriage is the biggest threat to his marriage) can keep maligning the dems without looking like a hypocrite. You worry about taxes being raised??? HELLO! What do you think gas prices are? My Fed taxes went down a few years ago and my state taxes and local taxes have risen every year since. My bridges are falling down and our infrastructure is rotting away while we piss money in IRaq for nothing at all except some dry drunk’s fears about his corrupt legacy. You elected a fool actor as Gov of your state (after recalling one in what was as corrupt as what happened to Don Seigelman in Alabama)  and now you blame the dems…. Come on, dude, you’re like the (divorced and rotating back to Iraq for the fourth time) rightwinger at a bar back in June who told me that Saddam took out our financial institutions back in 9/11. You aren’t courting irrelevance; you’re courting comparisons with Ben Shapiro (google, if you don’t know who he is).

Let’s just talk real estate and politics and leave the partisan smears at the doorway.

Peace out and Man Up, little dude,

Price

Posted by LC on 08/23/08 at 04:06 PM

Why make comments here? There is a forum, which is where the elite commenters go. The hoi polli unwashed masses are not worth listening to. Here, have some sour grapes.

Posted by luckyguy on 08/23/08 at 04:16 PM

how I can buy house from owners than than any brokers who eat seller and buyer, no agent is needed, can I , I doubt it

jerrylucky2000@gmail.com

Posted by Sherry on 08/23/08 at 04:41 PM

I’m new in the area - looking for a two bedroom.2 bath townhome or condo and came across this at Windwood Townhomes - 455 Deerfield, l39 priced at $395,000. 

Any input as to area (seems like a great central location) - these were built in l985- but most importantly is this a good price Just listed on 8/19/08 ?

Thanks!

Posted by lawyerliz on 08/23/08 at 05:01 PM

Speaking of PU, the entire area outside (not inside) my house smells like mildew, or something else equally unpleasant.

Florida—the mildewed state.

Posted by LC on 08/23/08 at 05:12 PM

So you had a little rain? I think that is like 2 years worth of rain here.

Posted by IrvineRenter on 08/23/08 at 05:23 PM

In today’s market, that is a reasonable price. It may find a buyer at $375,000. However, the value will decline further from this listing price. Let’s say this rents for about $1,600 per month, it should bottom out around $250,000 to $275,000, assuming of course an owner occupant wants to live in it.

Posted by lawyerliz on 08/23/08 at 06:48 PM

Just a wee bit.  The hub’s coworker has a rain gauge and recorded over 25 inches as of ummm, 2 days ago.  In Melbourne, south of where our house is.  Some trees fell over not due to wind, but mushy ground.

Posted by Matt on 08/23/08 at 09:13 PM

Actually, wouldn’t that be the PUTA?

(If you know Spanish swears, it’s funnier)

Posted by firsttimehomebuyer on 08/23/08 at 09:39 PM

New programs would not be necessary if Congress would keep down payment assistance programs already in existence, such as 3% homebuyer assistance programs!

Posted by LC on 08/23/08 at 09:52 PM

I have been to the beach there. I had friends in Melbourne Village.

Average annual Irvine rainfall: 12.82 inches.

Posted by Chris on 08/23/08 at 11:37 PM

Good point little tweety. I’ll keep the Democraps comment down while you keep your east coast attitude up.

Repukes are no different I might add. However, I’m making a point wrt the current state of CA as some of those who actually know it. Yeah, like I don’t know gas price tax from your head up your donkey well.

Posted by Chris on 08/23/08 at 11:39 PM

I concur.

Posted by ice weasel on 08/24/08 at 07:19 AM

The preceding posts are yet another argument to keep your political statements to yourself and stay on the topic.

Posted by lambcannon on 08/25/08 at 05:02 PM

But at least you’ll be able to flog another repulsive, worthless ‘book’ out of the frothings of other’s worthless fantasies.  Come all over yourself, or your repulsive mate, if you have one.

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