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  1. O

    Newport Beach inventory

    It is higher than Irvine - lots of flippers bleeding cash
  2. O

    Gurume

    New place in Irvine - pretty esoteric menu. Anyone been? TI meetup?
  3. O

    Repipe + Halo

    After a pinhole copper pipe leak that triggered a big water damage claim for the breakfast nook in our kitchen I am having the repipe done, and a Halo water system installed due to the chemicals used by all the OC water districts that create the buildup that compromises the copper. Was blown...
  4. O

    The journey of OC2SV back to OC - with the aid of Martin

    We decided early this year after 17 years in the Bay and 4 years prior in New England to return to South OC. We used Martin for the sale of our San Jose house and the purchase of our Laguna Niguel house. We did a mini-reno prior to sale - LVP throughout, new interior/exterior paint and some new...
  5. O

    competitive quote for interior and exterior paint

    Is $16K incl paint competitive for full exterior and interior paint including scraping popcorn from the stairway ceiling and 3 rooms upstairs? 1500 sq ft house.
  6. O

    El-Erian on the Fed’s Sophie’s Choice - a long time OC guy at PIMCO

    https://www.ft.com/content/fe04f000-434b-4fe3-874d-9ae6822c4224
  7. O

    Capital Grille

    We had the pleasure of watching the USC-UCLA game at the bar at CG by SC Plaza, and it only solidified my opinion of CG as the best chain steakhouse, and a decent value. The dry aged 1 lb NY was $61, not cheap but that's more like $75 up here at someplace like The Sea by Alexander, and this...
  8. O

    Cooking with lard

    I recently learned that lard is the healthiest fat to fry with - it is a source of unsaturated animal fat, 100% natural, and contains oleic acid, a fatty acid beneficial for the body, especially in the case of depression. In addition to 39% saturated fats, 45% monounsaturated and 11%...
  9. O

    Bay area grid strain

    Last week our Powerwalls really paid off with multiple outages during triple digits and evening while still in the high 90s. I even went to the nearby Supercharger for the Tesla to save all my stored electrons for outages. Worked well. A key issue is too much residential solar generation blowing...
  10. O

    How high will mortgage rates climb in the next 36 months?

    I was shocked at where they've already risen to for a 20% down/no cost 30 yr fixed $2M purchase when i just checked: San Diego County Credit Union 6.875% 30 year 6.878% APR $434 fees $10,511/mo
  11. O

    Irvine on sale

    $659/sq ft for a nice house in a nice area - good news for the buyers, bad news for comps https://www.redfin.com/CA/Irvine/11-Ticonderoga-92620/home/4778533
  12. O

    Irvine favorites still going strong 2+ decades later

    It's not just Greek but also middle eastern food - with Cafe Matinee in LF now closed this is the best in the area. Used to go here for lunch in the 90s all the time. https://www.greekislandscuisine.com/ I was goign to mention Las Fajitas near Woodbridge HS but looks like it closed...
  13. O

    Institutional landlords under pressure

    https://twitter.com/dimartinobooth/status/1549035549352431617?s=21&t=R_E5fvcdfNFYZdjWGrEo_Q
  14. O

    South OC dropping like a rock

    Wow - single level flat lot with privacy and grass in Niguel Hills for $1.25M - blood is in the water and I?m very pleased to see my target market cratering. I want to be 10 minutes or less from Salt...
  15. O

    How high does the Fed need to push mortgage rates to kill purchases?

    ?This is a market as resistant to higher interest rates as you could possibly imagine,? said Christopher Thornberg, founding partner at Beacon Economics in Los Angeles. ?This is not a market that 5% interest rates are going to scare at all...
  16. O

    bye bye CFCB

    https://www.wsj.com/articles/china-insists-party-elites-shed-overseas-assets-eyeing-western-sanctions-on-russia-11652956787?mod=hp_lead_pos4
  17. O

    Great live Q&A with Larry Summers on WSJ.com right now

    good conversation about real rates
  18. O

    At 19.2% Op Margin how can any Tesla competitor ever catch them?

    Tesla's huge lead in hardware and software engineering and manufacturing technology will enable a level of cash generation to continue innovating that the legacy brands won't be able to match without massive govt intervention, and even then where do they get the talent? A friend at my golf club...
  19. O

    Bad news ahead for materials inflation - really scary

    https://www.marketwatch.com/story/commodity-prices-are-going-haywire-prompting-fears-of-the-next-financial-crisis-11650378691
  20. O

    Tapping equity with HELOC to buy new primary (in OC) then rent current primary

    Does anyone have firsthand experience with the HELOC market right now? Seems like from what I see one could expect to pay 4% fixed for a $200K HELOC assuming all drawn at once. The objective would be to buy a new place without selling our current house as we could rent it for the 15 yr mortgage...
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