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    Dodgers!

    On paper the snakes are swept away but they did face each other four times and DBacks won three of the four. Post season is a whole nother animal though. Would be nice to snicker at people complaining about AriFreakingZona like they did during the super bowl though. lol! In the end it's JUST a...
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    Dodgers!

    Awe........ just a game but taunting the team before hitting town planning a pool party in the DBacks pool after sweeping the team put a fire under the team..... like when Dusty Baker gave the ball to Russ Ortiz in Game 6 in 2002. On paper, they should be swept away but if you're hot at the...
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    Orchard Hills 4 - "The Summit" Updates

    Still people with enough cash to buy them, no mortgage. You only need a few of those people to sell out.
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    Dodgers!

    He will probably want a long contract but beware......... he is injury prone from even before he came to the U.S. and money is not the end all for him or he never would have signed with the Angels.
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    Dodgers!

    A shame Kershaw's last game will probably be the very end of his career. Just not having him pitch in the post season would be an improvement imo.
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    Dodgers!

  7. R

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Just saw a listing (here not irvine) advertising assumable loan at 6 5/8% interest. They want an extra 10% from their purchase price 6 months ago. (a nothing special 8 year old house) LOL!!!! I should go to an open house so I can laugh at the realtor.
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    Price Increases on Resale?

    How do you know who does or does not live in Irvine? Garett Anderson Jim Edmonds lived in Shady Canyon and Tim Salmon lived in Tustin Ranch.
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    Which one would you choose and why?

    Nah............. where are they going to live for less than the 3% mortgage? They can't rent for that here. Well.......................... maybe the property taxes, HOA, insurance will push them over the edge. Still................... where are they going to live for what they pay with that...
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    Which one would you choose and why?

    I think we need a deep recession to curb labor clamoring for more money but I don't think even a high unemployment rate will do much to drop prices. If it didn't in 1981 (unemployment was higher than 2008 and there was no government bailing us out, except Lee Iacocca, lol), why would it now...
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    Which one would you choose and why?

    But no one on this board knows anything other than rates coming down. You'd have to be at least 65 (more likely older in most cases) to have known anything but rates coming down. 65 puts you at 23 when rates peaked in 1981 and most people were not looking to buy real estate at the peak when they...
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    Poll: Irvine Housing Prediction June 2022

    Lennar has dropped 20+ points from this post............ and the curve is univerting. Fed isn't going to come to the rescue of housing or stock market if inflation and economy remain strong.
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    How high will mortgage rates climb in the next 36 months?

    The supply problem wouldn't be here if all those 3% loans were assumable (not sure when those went away). Small homes could be sold and the buyer could move up to another assumable loan. As long as the buyer can qualify, what does the bank care anyway? More fees for loan processing on a loan...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    What if the flipper was a resident of a no income tax state? They just buy it, never move in and sell it. Do they owe California state income tax? What if they live in Puerto Rico or even better, the Cayman Islands?
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    Oil

    We would be lower if we didn't get 60% of our gas from California. Most of the country is in the 3's WITH a hurricane coming. So........ this is why California has so many EV owners and why it's a hard sell in lower priced gas states. Last time oil peaked at today's price (to the penny!) it...
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    Housing Analysis

    I can give a future people may not like and probably will think cannot happen but it sure did in the 70's/80's. Fed thinks they got things under control but lo and behold nope........ large wage gains ------> price increases (inflation) ------> rising rates higher than the last go round (maybe...
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    Orange County housing report for August 2023

    Made really good money on my real estate here but missed alot of time with family. In hindsight, I probably should have kept the Irvine house, rented it out and moved to AZ instead of Legacy but renting large houses in that price range in 2015 was not easy. I knew selling Legacy for a profit...
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    Orange County housing report for August 2023

    As long as the 10 year bond stays in the range, home builders can continue to offer buy downs. I'm not of the unlimited demand camp. I'm more of a demand is more than the limited supply camp. BUT those rates are not for low credit score people so who knows how long they can keep building for...
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    How high will mortgage rates climb in the next 36 months?

    You could be right. But bond yields had the chance to recover the recent loss (or pull back if you think they are going higher) and they collapsed after JP spoke at Jackson Hole). I think you're right, the fed would like to target asset prices but they don't have the balls to come out and say...
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    National Debt

    Before the clock strikes midnight tonight, the national debt will be $33 trillion. It hit $32 trillion June 16th (less than 2 months ago). There is a "time machine" on the upper left so you can look mostly back in time but also forward 4 years if spending were the same as today...
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