Agree. But as Calbears speculated in this example "Another Bluffs 1 closed escrow right after at $2.4M, then turned around to list at $2.29 (must be money laundering)." - If the intent is to launder money, then they can list at lower price to make the money look legit.
I won't be so surprised if it sells at the asking price or 50K more. It's Eastwood...packed with Teslas (and multiple cyber trucks), so someone in the market to buy in this village won't think too much for 200K.
We will be moving to Bellevue in the next 4-6 months. I still doubt Bellevue schools would be any close to IUSD when it comes to quality of education although bellevue schools are rated 8/9 today.
There is some Homelessness issues in Bellevue, though and some auto theft/break-ins. Irvine so far...
Not OC or Irvine, but another place where I saw a huge Asian (Chinese and Korean only) population is parts of Bellevue in WA state. Due to work requiring me to relocate to Seattle area, I have been exploring Bellevue and noticed a very large Asian population there, especially the Eastgate...
600K might be common in the tech hubs(Bay area, Seattle), but here in Irvine I think only the Sr.managers or Sr. ICs in big tech could be making that sum. And high paying big tech jobs are comparatively lower in Irvine/ socal in general.
That's what always makes me wonder how folks in Irvine...
The newer neighborhoods of Irvine do not have school bus. So parents have to take time away during office hours for pickup. Car pooling is an option but I am really looking for a school bus option or a private service that can do pickups and drops off. Has anyone else felt the lack of school...
Market is back on fire I guess. This Eastwood home listed today and pending the same day https://www.redfin.com/CA/Irvine/67-Runner-92620/home/169482670
A similar plan closed in Aug for 1.83M and this new one is pending within a day at 1.95M. The one from Aug below..it fetched the seller 500K...
Insane price, but congrats to Martin and the Seller!! I mean, this listing closed at $909 per sqt for an attached condo much higher than this other detached Marin Condo at $835 / sqt that closed 3 days back - https://www.redfin.com/CA/Irvine/86-Henson-92620/home/167401914
I suspect investors from China are propping up the RE market in US and worldwide now that covid restrictions are gone - a lot of properties in and near EW now going pending within 1-2 weeks. Could this be the reason as this article says ...