Closed Sales from 10/25/2012 to 10/31/2012

Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area
10/31/12 3463 Watermarke Pl 92612 Watermarke $310,000 1 818
Columbus Grove
10/26/12 18 Desert Willow 92606 $863,300 5 3168
El Camino Real
10/25/12 5 Greenwood 92604 Smoketree $389,000 3 1517
Northpark
10/25/12 19 Delano 92602 Bel Aire $935,000 5 3097
10/31/12 15 Riveroaks 92602 Rutherford $859,000 3 2200
Northwood
10/25/12 63 Lindberg 92620 Shady Hollow $788,000 6 2900
10/25/12 9 Garnet 92620 Somerton $1,400,000 5 3700
10/26/12 977 Somerville 92620 Greystone Villas $365,000 2 1260
10/26/12 425 Ridgeway 92620 Greystone Villas $500,100 3 1481
10/26/12 75 Darlington 92620 Greystone Villas $535,000 3 1500
10/27/12 192 Streamwood 92620 Irvine Springs $245,000 2 808
10/29/12 19 Mountainbrook 92620 Fairmont $1,095,000 4 2800
10/29/12 25 Secret Gdn 92620 Camellia $888,000 4 2315
10/30/12 317 Rathbourne 92620 Greystone Villas $399,000 2 1260
10/31/12 77 Grant 92620 Show Case $727,500 4 2536
10/31/12 505 Newcastle 92620 Greystone Villas $510,000 3 1500
Oak Creek
10/29/12 44 Tangelo 92618 * $265,000 2 928
Orangetree
10/29/12 22 Tangerine 92618 Patio Homes (OT) $447,000 2 1202
10/31/12 2304 Apricot Dr 2304 92618 Terrace (Stacked) $346,000 2 1309
Quail Hill
10/25/12 125 Lattice 92603 Olivos $930,000 3 2460
Rancho San Joaquin
10/31/12 17 Rana 48 92612 RSJ Townhomes $465,000 2 1550
Turtle Ridge
10/31/12 51 Valley Ter 92603 Fiore $1,668,000 5 3300
Turtle Rock
10/25/12 16 Bluff Vw 92603 Highlands Lusk $1,955,000 5 4366
10/26/12 75 HIGHLAND Vw 46 92603 Highlands Townhomes $415,000 2 1600
10/29/12 5941 Sierra Bravo Rd 92603 Broadmoor $750,000 3 1802
10/30/12 10 Rainbow Falls 11 92603 Glen Garden Homes $610,000 3 1628
10/31/12 2 El Paseo 92612 Pointe – Turtle Rock $822,000 3 2104
10/31/12 18651 Via Palatino 92603 Hills President $1,398,000 4 3895
10/31/12 19371 Sierra Inez Rd 92603 Broadmoor $929,500 3 1542
Walnut
10/25/12 128 Saint James 92606 Parklane (WN) $420,000 2 1200
10/26/12 30 New Jersey 92606 Revere $694,000 4 2110
West Irvine
10/25/12 29 Olde Berry 55 92602 Andover $425,000 3 1364
Westpark
10/25/12 17 San Garin 92606 Trieste $1,060,000 5 2950
10/25/12 25 La Ronda 92606 Brindisi $500,000 2 1000
10/26/12 21 Decente 92614 Vista West Park $880,000 4 2600
Woodbridge
10/26/12 517 Springbrook 81 92614 Stonegate $410,000 3 1406
10/26/12 3 Goldenrod 92614 Stonegate $410,000 3 1384
10/30/12 23 Autumn Oak 92604 Village Green $355,000 3 1150
Woodbury
10/25/12 76 Canal 92620 Cachette $575,000 3 1640
10/26/12 76 Spanish Lace 92620 Cachette $725,000 3 1959
10/29/12 54 Twin Gables 92620 Montecito $855,000 4 2400
10/30/12 93 Costa Brava 92620 Bowen Court $447,000 3 0

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3255.0.html

A Review of the Mendocino Tract at Stonegate

The models are open at Mendocino, one of Stonegate’s newest communities. Located at the westernmost end of the village, Mendocino will have 133 homes and is currently in phase 3 of 20. The earliest move-in dates are April/May 2013. The nearest schools are Stonegate Elementary, Sierra Vista Middle School and Northwood High School. Jeffrey Trail Middle School, scheduled to open in September 2013 will serve Stonegate in place of Sierra Vista. Residents will have access to all of Stonegate’s swimming pools and parks, including two planned future parks located just north and just west of the Mendocino homes. The neighborhood is a short walk from Stonegate Elementary School and is located about halfway between Irvine Blvd and Portola Parkway.

None of the homes have a traditional formal living room or dining room. Each provides a choice of indoor or outdoor living in the form of a conservatory (fully indoors), California Room (partially enclosed outdoor room), or the standard trellis outdoor area. Each model shows a different option, so I will discuss them in more detail below. All homes have a two-car garage.

Base Property Tax: 1.05%

AD Tax: $2,246 per year

CFD Tax: $1,700 per year

Other Taxes: $160 per year

Overall Effective Tax Rate: Approximately 1.6% (amounts are estimates based on info currently available from the City of Irvine and Irvine Unified School District)

Homeowners Dues: $110 per month (proposed)

Link to Mendocino Floor Plans (PDF 11MB)

Residence One

2,221 Sq Ft

3 Bedrooms, 2.5 Baths, Loft, Optional 4th bedroom at loft, Optional Conservatory or California Room

Starting from $769,000

This is the first model I viewed and the smallest in the tract. Upon entering, there is a large foyer with a powder room off to the left and a staircase also leading up from the left side. There is a bit of wasted space leading to the powder room; I might consider putting a shoe rack or small table here to catch some of the clutter that gets left when we enter the house. I opened the closet underneath the stairs, expecting to find a standard coat closet, and was treated to a huge storage space! It was so large, that the model has it set up as a cute playroom/reading room for small children, with chairs and a mural on the wall. It goes all the way to the back of the stairs and wraps around, creating a very large storage area. It would be perfect for storing rarely used items (luggage, holiday décor, etc). An optional built-in cabinet and bookshelf are available right next to the front door.

I walked through the foyer and into the great room. This combination family room/kitchen is the only living space downstairs. The family room is large with an optional fireplace at one end. Behind it, is the indoor/outdoor living area mentioned above. In this model, they have it set up as a Conservatory, a room that is 100% indoors and basically just an extension of the family room. It’s a pretty space surrounded by windows and French doors that provides great extra living space. For a family with small children, it is a perfect play area – close to the kitchen but still allowing for a (relatively) clutter-free family room.

The great room flows directly into the kitchen. A space for a dining table divides the two rooms. Because it’s the only dining area in the house, it does offer enough space for a large or more formal table but wouldn’t feel too empty if a smaller table was used. The standard home package offers Whirlpool stainless steel appliances, including a five-burner cooktop, microwave/oven combo, dishwasher, and Kitchenaid® hood. It also features white thermafoil cabinets with concealed hinges and adjustable shelves, granite slab counters with 6-inch backsplash and a full backsplash at cooktop, a Kohler white, cast iron Smart Divide sink and stainless steel Kohler Faucet, and a refrigerator space pre-plumbed for an ice maker. This model has the standard kitchen, while the others had some upgrades. A large island provides plenty of counter space and room for bar stools on one side. There are several full-height pantry cupboards in this model. Access to the garage is directly off the kitchen, not down a hallway or in any sort of alcove.

The backyard is long and narrow, with room for a grassy area and a patio. Overall, it is a pretty small lot.

A loft at the top of the stairs provides an additional living area in the home, though it could be made into a fourth bedroom if desired. It’s a nice sized space and is definitely bigger than a media center area at the top of the stairs in other new homes. This is truly its own room.

On the other side of the stairs is the master bedroom. It’s a good sized room, but smaller than the master bedrooms in most new homes. It doesn’t have a retreat or really even have room for a big chair or sitting area. It has windows on two sides (two windows on each wall) and an option for a built-in dresser on a third wall. An open doorway leads directly into the master bath. It features split sinks, divided by the bathtub (standard is a Kohler tub with 6” x 6” ceramic tile). A separate shower on the other side comes standard with matching tile and a clear glass enclosure. The shower is a good size and, like the rest of the bathroom, comes standard with Kohler polished chrome faucets. The water closet has an option for built-in cabinets above the toilet, providing a nice space for storage. At the back of the bathroom is the large walk-in closet, which is spacious without being huge.

Just past the master bedroom is the laundry room, which has side by side machines and a sink. It lacks a counter but does have standard upper cabinets and optional built-in linen cabinets. Since there isn’t another linen cabinet upstairs, this is a good option to consider. The door is designed to automatically close, which I found very annoying (this is the case in all three models). If I was carrying around large baskets of laundry, I wouldn’t want to worry about the door slamming shut on me. I also thought it closed rather loudly.

The two secondary bedrooms are a nice size, with plenty of room for furniture and no odd architecture that would make it hard to actually place the bed, as is sometimes the case in new construction. Each has a three-door sliding closet and an option for small built-in cupboards above for out of season storage. One of the rooms has a long, narrow balcony facing the street. These rooms share a bathroom (located at the end of the hall) with two sinks. The toilet and tub/shower are divided from the sinks by a door. In all models, this bathroom comes standard with a tub/shower combo but can be built with just a shower (see photo of the downstairs bath in residence three).

Residence Two

2,381 Sq Ft

4 Bedrooms, 3 Baths, Optional Conservatory or California Room

Starting From $819,000

If you visit Mendocino, please note that Residence Two is actually the third model (farthest from the sales office).

The standard Residence Two has a front entry with a more narrow entryway than the other models, but still wide enough for a table, as seen in the model. To the right are a full bathroom and a bedroom (the bathroom is outside the room). A bathtub is not an option in this model. The bedroom has windows facing both the front and side of the house and is smaller than the bedrooms upstairs. It has a small walk-in style closet, but isn’t actually big enough to walk into.

The storage closet beneath the stairs isn’t nearly as good as the one in Residence One. It opens to a narrow coat closet and, while it leads to a very big storage space underneath the stairs, it’s incredibly hard to access. Large items might not fit through the narrow opening and the ceiling slopes lower more quickly.

An alcove at the bottom of the stairs shows an attractive built-in bookshelf, though it’s not really a good place for display items since it’s basically in the middle of the hall.

The great room in this model is bigger than in the other Mendocino homes. It has an alcove to one side just the right size for a grand piano (as seen in the model), but that would also make a good space for a desk, children’s art table, china cabinet, or any single piece of furniture. The rest of the room is pretty basic, with an optional fireplace at one end (not shown).

Again, the great room flows right into the kitchen, with the space divided by the home’s only dining area. A large center island with bar stools offers another eating space if desired. This model shows upgraded appliances with one-piece six burner stove and below, plus a second oven next to the refrigerator. It also has upgraded cabinets. Unlike the other models, this one offers a butler’s pantry between the kitchen and the garage. As shown, it has a wine fridge and sink, along with counter space and a few cupboards. Alternatives for this area include a home management space with a built in desk or a standard launch area, which appears to just have a long counter and cupboards below. All three options include a large walk-in pantry.

The backyard is long and narrow, as in Residence One. This one demonstrates a California Room, which has two walls that are built out a bit more than in the trellis version, but still has two walls that are open. It has a full roof, including a ceiling fan and recessed lighting. This option is best for people who like to frequently dine or entertain outside and want a place where they can be protected from the weather.

Moving upstairs, the landing area is the smallest of all models. It does not have an option for a built in tech center and certainly isn’t big enough to be used as a room. The master bedroom is off to one side. The room is pretty basic and an average size for a master, without any notable features. The master bath has a very long counter with two sinks. The model shows an optional highboy cupboard between the sinks, but I think it’s too cumbersome. It has a separate bathtub and shower. The walk-in closet is big, but not huge.

As you walk down the hall toward the secondary bedrooms, the bathroom is on the right and the laundry room is on the left. Unlike in Residence One, there isn’t an option for a built-in linen cupboard, but there is a separate linen closet at the end of the hall. The bathroom has two sinks and the toilet and shower area is separated from the sinks by a door.

The bedrooms are on either side at the end of the hall and are about the same size as each other. One has a walk-in closet and French doors, though there isn’t an actual balcony. It just has a railing to give the appearance of a balcony. The other bedroom has a much smaller closet (just two sliding doors) and optional storage above.

Residence Two X

2,452 Sq Ft

4 Bedrooms, 3 Baths, Optional Conservatory or California Room

Starting from $842,500

There is not a model of this residence. There are a couple of key differences from the standard Residence Two. In this model, the entry is on the side of the house, rather than the front. The stairs go straight up, rather than turning 90 degrees. As a result, there is a coat closet downstairs and a separate storage area underneath the staircase. The downstairs bedroom has a standard closet instead of a walk-in and the layout of the downstairs bath changes a bit. Upstairs, there is a now a long landing area that could probably have a built in desk or bookshelves. There are no other changes upstairs.

Residence Three

2,441 Sq Ft

4 Bedrooms, 4 Baths, Optional Den or Suite at Bedroom 4 (downstairs), Optional Conservatory or California Room

Starting from $839,000

**This model is temporarily sold out**

If you go to visit Mendocino, please note that Residence Three is actually the second (center) model.

Residence Three is the largest of the models, though it is 11 square feet smaller than Residence Two X (not modeled). The garage is at the side of the driveway, rather than straight ahead. It makes the driveway feel more like a yard/play area, but I always think it would be a pain to park the car that way.

The entryway is large, with the stairs to the right and a full bathroom and downstairs bedroom or den to the left. As in Residence One, the storage area under the stairs is huge. As mentioned above, the downstairs bathroom in this model shows the optional shower rather than the standard tub/shower combo. The room is set up as a den in the model, but can be a fourth bedroom with a standard, sliding closet. A third option allows for a bedroom with an en suite bathroom, in which the existing bathroom converts to just a powder room (no shower). Because it’s set apart from the other rooms downstairs, it would also make a great home office.

Access to the garage is just outside the bathroom, with an option for a small built-in cupboard next to the door.

Straight through the entryway is the great room. A fireplace is available but isn’t shown in the model. Windows on two sides provide plenty of light, but there really isn’t anything remarkable about the room. It is adjacent and open to the kitchen, but doesn’t flow into it quite as well as in Residence One.

Again, a single dining area provides the option for either a casual or formal dining table. Large sliding doors lead out from the dining area to the backyard. This model shows an oven below the cooktop (two separate pieces, not a combo range) and a second oven next to the refrigerator. It also has a square island with room for barstools on one side. A walk-in pantry in one corner provides ample food storage and a huge, upgraded sink is featured.

The backyard is similar in size to the other models, with a long narrow layout. In this model, they demonstrate the standard trellis setup, which is basically just a basic patio cover with slats. It is still nestled against the house, sharing walls with the great room and dining area, but open on the other two sides. This option is the least like an indoor room and is best for someone looking for a casual backyard and also doesn’t need or want the extra space inside.

Moving upstairs, there is room for an optional tech center at the top of the stairs. Unlike in Residence One, this is not a full room, but really just a built-in desk with room for two work stations. To one side is the master bedroom; the other rooms are down a hall past the tech center.

The master bedroom is quite similar to those in the other models. It is just a big, square room with nothing interesting about it. The bathroom features side by side sinks, a tub, and a good size shower. The walk-in closet is a little bigger than in the other models.

Down the hall, the laundry room is straight ahead and the two bedrooms are set on either side, each down a small hallway of their own. In this model, both bedrooms feature private bathrooms with one sink, a tub and/or shower, and a toilet. This is the only model where the secondary bedrooms have private, en-suite bathrooms. Each bedroom has a standard three-door closet and optional storage above (one shows an open space, as opposed to the cupboards shown in Residence One). The rooms are mirror images of each other and are a good size.

Overall, my impression of the Mendocino community is pretty neutral. I am used to going to new model homes and swooning over all of the creative design features and the luxurious master bedrooms. These homes have none of that. The master bedrooms are all very generic and don’t have the retreats or sitting areas seen in many new homes. Also, I felt like there was a lack of family living space; aside from the great room, these models only have bedrooms or closed off dens (the loft in Residence One being the exception). I think choosing the Conservatory over the California Room or Standard Trellis would alleviate that problem, as it does provide an additional room downstairs. Unfortunately, choosing the Conservatory makes an already small backyard even smaller.

I do like the kitchens in each of the models. They are all spacious with big islands, plenty of storage, and ample counter space. I think it’s nice that all of the secondary bedrooms are fairly large and have two or three windows, and that all models have an upstairs laundry room with a sink. While these homes are certainly nice, there just isn’t anything special about any of them.

Starting prices for these homes average approximately $345 per square foot, and that is before upgrades. I imagine these homes will sell, as many people like the prospect of a brand new home, but I don’t see anything particularly compelling to draw buyers to the neighborhood.

Discuss at Talk Irvine: http://www.talkirvine.com/index.php/topic,3254.0.html

A Closer Look at Irvine's University Park Housing Market

Today we will take a look at Irvine’s University neighborhood. First, a quick observation: Like many of Irvine’s neighborhoods, University Park’s price per square foot selling price shows no consistent pattern of increase or decrease when compare to the same month last year.

Now, the numbers: University Park—September 2012:

Area List Price/# of Homes Listed Sold Price/ #Homes Sold Median List/SF Median Sold/SF % Chg Y-O-Y Sold Price/SF
Houses $675K/9 $620K/9 $324 $313 -8.70%
Condos $575K/2 $515K/1 $336 $355 9.6%
All University Park $660K/11 $594K/10 $324 $323 -5%
All Irvine $750K/381 $530K/210 $365 $323 1.90%

The following graphs show the change in the number of University Park homes on the market (inventory), the price per square foot of University Park houses, and the price per square foot of University Park condos, respectively.

To give more meaning to these numbers and graphs, I am listing some homes that are near the bottom, top, and middle of the price range for homes in the University Park real estate market.

Note: A quick scan of the University Park listings shows that many of these homes are “sale pending.”

4042 Germainder Way

  • Single-family built in 1968
  • Beds/Baths: 3/2 (1,495 sf)
  • HOA Dues: $123/month
  • Mello Roos Tax: No
  • Price: $454,900/$304 per square foot

2 Angell

  • Single-family built in 2008
  • Beds/Baths:5/4 (3,850sf)
  • HOA Dues: $123/month
  • Mello Roos Tax: No
  • Price: $1,495,000/$388 per square foot

10 Senisa

  • Single-family built in 1966
  • Beds/Baths:3/2.5 (1,741 sf)
  • HOA Dues: $179/month.
  • Mello Roos Tax: No
  • Price: $599,500/$344 per square foot

Source: Redfin

Open House Review: 8 Sparta

Westpark Family Package

8 Sparta $658,000

Turning onto Sparta, I found two small boys playing catch in the middle of this quiet cul de sac. Around the area neighbors were out on the sidewalk, standing and talking.

Inside, the atmosphere was equally appealing as I surveyed the open space, sleek wood floors and vaulted ceiling. It looks like there would be room here for special parties and family time too.

In Significant Numbers, the square footage is 1,560 sq. ft. with a lot size of 3,573. This two level, 3 bedroom, 2.5 bath single family home was built in 1988. The $/sq ft. is $422 and HOA dues are $42 a month. There is Mello Roos tax. This is a standard sale and the home has been on the market for 12 days. Note: This property is now marked as Pending.

Close Up: The owners have bought another, but the home is still partially furnished to tell the story. To the left of the entry, there are stairs to the 3 bedrooms and two baths.

Straight ahead, the impressive living room has a fireplace, vaulted ceilings, wood floors, crown moldings and custom draperies.

There’s room for a comfortable dining area by the bank of windows at the back of the room.

The adjoining area with cutout window can be a dining area or a family room. It opens to the patio and has a dramatic sweep of glass in a greenhouse window that extends from the kitchen. This open light area could be even more effective with additional outside foliage for drama and privacy.

Backing up this area, the kitchen is a sleek partner with the same wood floors, stainless appliances, a breakfast bar and upgraded granite counters and backsplash. The covered patio has a built in barbecue and raised flower beds.

Upstairs the master bedroom also has a vaulted ceiling and a spectacular shuttered window treatment. The bathroom vanities have granite counters. There’s a two car attached garage with built-in storage cabinets, and the laundry is inside.

Specifics for this two level Mediterranean:

Bedrooms, 3

Baths, 2.5

Sq. Footage, 1.560

Lot Size, 3,573

Forced air, central air

Double attached garage

Association pool and spa

Irvine Unified School System

Gas log fireplace

Two parking spaces

What should be considered here? This three bedroom, 2.5 bath home is new to the market and nicely situated in a quiet cul de sac. A good use of space and an appealing floor plan with many upgrades gives the home market energy. Westpark’s prime schools and parks and convenient location will also play into the buyer’s choice. The lack of a downstairs bedroom, and the house and lot size will also enter into evaluations, weighed against price.

Who will choose 8 Sparta? An active family in need of good schools and parks in a convenient, but quiet location, might settle here. Families or couples who entertain, indoors and out, and value a convenient Irvine location will be drawn to this home.

Recent sales: 10 Alexandria sold at $710,000 in May and 17 Alexandria sold for $685,000 in May. Recent listings: 25 La Comba is listed at $675,000; 59 Eagle Run in Woodbridge is $619,000.

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3244.0.html

Falling Down, Falling Down

275 properties for sale as of this morning (Source: Redfin). 154 of them are Single Family Residences ranging from $424,900 to $17,750,000. Many of them are in fact detached condos, wrongly classified as Single Family Residences in the listing. The most popular search of properties within the range of $500,000 to $750,000 yields 74 properties, single family residences and condominiums included. Inventory is low, and Irvine market seems to be picking up fast.

Here is property that was built in 1978. Let's see how this property and similar properties have reacted to the bubble, the subsequent bust and to the current low inventory.

15 Carson Irvine, CA 92602

Listing Price: $710,000

Beds/ bath: 4 Beds/ 2.5 baths

Area: 2,101 SF

Lot Size: 5,500 SF

Year Built: 1978

Property Type: Single Family Residence

Community: Northwood

Style: Two level, modern

Builder Tract Name: Shady Hollow

Builder Tract Code: SH

HOA: None listed

Property history:

September 1990: $300,000

July 2005: $720,000

Listing history:

06/26/2012: $760,000

07/18/2012: $725,000

09/14/2012: $710,000

09/14/2012: Listing Removed

09/20/2012: Listed for Sale

From the MLS pictures, it’s evident that the house needs some face lift. But in my opinion, a lot of times the MLS listing description and MLS pictures play a very important role in bringing in the customers. For this particular property, the MLS pictures are not something that you would fall in love with.

Case in point, one of the very unflattering pictures of the property:

But there are times, or rather there were times when the inventory was as low as today, and people would just buy whatever was in the market paying the listing price, sometimes paying more than the listing price, creating a bidding war. One of the Irvine Realtors says “remember, all it takes is one buyer” whenever we question the audacity of list price on certain properties. At the end of the day that is the truth – all it takes is one buyer to change the conditions for the rest in the market.

Here is the pricing history for the Shady Hollow homes with similar floor plans since 2006:

2012:

4 Lewis $640,000 (340/SF)

2011:

None of these floor plans were listed/sold during 2011, but the other floor plans ranged from $370/SF to $390/SF.

2010:

43 Lindberg $682,000 ($325/SF)

13 Fulton $725,000 (345$/SF)

6 Earhart $682,000 ($325/SF)

2009:

9 Williams $600,000 ($286/SF)

23 Muir $542,000 ($257/SF) – Lowest price

(Here is the listing: Probably the $50-$75,000 price drop is justified based on the condition of the property)

28 Fremont $650,000 ($312/SF)

4 Wright $712,000 ($338/SF)

2008:

7 Boone $759,999 ($343/SF)

49 Fulton $725,000 ($339/SF)

2007:

None of these floor plans were listed/sold during 2007, but the other floor plans ranged from $271/SF to $464/SF.

2006:

7 Lindberg $820,000 ($390/SF) – Highest price

(Here is the listing: There are no MLS pictures, but if you see the property history, it was foreclosed in March 1995 for $216, 750, changed hands for a couple of times and sold for a whopping $820,000 in March 2006)

In the 1990s, these houses sold around $252,000.

They have doubled and tripled their prices from then, but for those who bought during the bubble of 2006, things haven’t improved yet. Will the low inventory push the prices higher or not, we will see in January. In my opinion, January and the election aftermath will chart the path for housing. The new houses will see the prices rise, and but the older houses, especially the houses in El Camino and older parts of Northwood might not cash in the stabilization and rise.

What do you think?

Do you think the prices will stabilize for Northwood and El Camino?

Would you buy in these areas if you were priced out in the newer and better developed areas of Irvine? Would you pay a premium?

Are you keeping an eye on the inventory levels?

Share your views at Talk Irvine, or comment below.