2010 Irvine New Home Collection

NEW -> Contingent Buyer Assistance Program
[quote author="irvinehomeowner"]The reason being that you could probably put your cash to better use and in this economy, cash on hand is safer.

The whole rental parity equation still requires an owner to put 20% down, but if you can afford the monthly without all that cash out, I would think that would give you the benefits of ownership but the flexibility of renting (in case you had to do move in the short term).

Again... it's personal preference and having lost much of my down payment on our last house when we sold it, I'm a bit jaded.[/quote]

Makes sense. I'm probably the opposite. I hate paying interest so I'd probably prefer to pay off principal unless I knew I had something that can get a better rate of return than the interest I'm playing + PMI.

But like you said, personal preference. I just worry other people put down just 3% for other reasons (A)easier to walk away or (B) thats all they have in savings
 
[quote author="graceomalley"]
[quote author="irvinehomeowner"]
Didn't feel that way until someone started indirectly insulting people for wanting to live in Irvine.

Irony is double-edge sword grace... tell the hubby not to throw stones if he doesn't want the stones to complain.[/quote]

Mr Thin Face,

This is the internet. Just accept the fact that stones are being thrown at you and back. Members come and go. The influential members who contributed to IHB's success mostly left other than the few are still here for business reasons.

Dear Moderator,

My assessment reviewing the traits of constituents this will not lead to breakthrough for this site and I apologize my open candidness to the moderators. The limited knowledge and information will eventually reverberate into silence. Unless the folks here actually can offer a refreshing analytical perspective of things the longevity would become questionable.

The members from I observed the pretentious vibes and the narrow mindedness are the biggest setback for this site to grow beyond the boundary of just an Irvine neighborhood chit chat site.

There are 2 TIC trolls here and one from Brookfield Homes. As a new site with new handles without the former senior members to run them out of town this site is not only contaminated with the newest tactic employed by the corporate empires at the same time they did not even spent a dime on the marketing. Yes they are posting after 5 pm to better disguise their tracks.

I just tested and confirmed my doubts that so many who have left prior for different reasons may all have been originated from a common source.

Adios

[/quote]

C'mon BKshopr,

We all know that you know more about the Irvine builders and architecture than all of us combined. You are the real deal. I knew that Grace's first post was you when talked about the different builders and architectures in such great detail. Talk Irvine needs you so please stick around. ;D
 
[quote author="graceomalley"]

Adios

[/quote]

Ah, c'mon and stick around. You can do more good here than elsewhere. I've been a student for three years, and you converted me. Don't you want to help the other? Heck, without your guidance I would have never had the courage to give up my Westpark 949 phone number. (And it was hard, believe me). Even though I still have the Irvine address, with your encouragement I'm now confident enough to make the leap to, *gasp* TUSTIN if the right property comes along. That's a success story, sort of? No?

So stick around and help more sheeple like me. Why go somewhere else and preach to those who already believe? Stick around here and educate the non-believers. And clearly there are a lot more of me who need to be schooled.
 
I'm back from a mini-break. Glad to see the conversation has been moving, but please proceed without personal attacks. Any violators will be required to perform community service; kicking rocks down the 5.
 
[quote author="graceomalley"][quote author=ck board=irvinere thread=189 post=3904 time=1263580682]

Ah, c'mon and stick around. You can do more good here than elsewhere. I've been a student for three years, and you converted me. Don't you want to help the other? Heck, without your guidance I would have never had the courage to give up my Westpark 949 phone number. (And it was hard, believe me). Even though I still have the Irvine address, with your encouragement I'm now confident enough to make the leap to, *gasp* TUSTIN if the right property comes along. That's a success story, sort of? No?

So stick around and help more sheeple like me. Why go somewhere else and preach to those who already believe? Stick around here and educate the non-believers. And clearly there are a lot more of me who need to be schooled.[/quote]

My future posts will be at another site. There will be full comprehensive evaluations of all the 2010 Collection floor plans. I will still be around. The atmosphere is more suitable there for me and the open mindedness is a lot more encouraging.

I really could not bear the pretentious vibes here. I was surrounded by it for years in Irvine and I am so glad I don't have to witness it or associate with people like it.

I don't hate Irvine but I do have issues with pretentious people who live there.

I would not want my daughter to go Irvine schools because students there seem to be spoiled, self centered, and have sense of entitlement.

Top scoring schools and parents failed in teaching their students and kids characters. Money does not build character. Don't ask me to prove it. I did way more studies on this subject before you even heard of Irvine.

I thank the host for allowing me to express my rant.
 
BK,

Can you please elaborate a little on what you mean by pretentious people who live in Irvine?

"I would not want my daughter to go Irvine schools because students there seem to be spoiled, self centered, and have sense of entitlement."

Are you referring that majority of the children who are raised up in Irvine are rotten spoiled? Isn't this true in the surrounding areas of OC as well?
 
[quote author="graceomalley"]
[quote author="irvinehomeowner"]
Didn't feel that way until someone started indirectly insulting people for wanting to live in Irvine.

Irony is double-edge sword grace... tell the hubby not to throw stones if he doesn't want the stones to complain.[/quote]
Mr Thin Face,

This is the internet. Just accept the fact that stones are being thrown at you and back. Members come and go. The influential members who contributed to IHB's success mostly left other than the few are still here for business reasons.
[/quote]
Hehe... you still don't get it. I never said don't throw stones, just don't cry when people throw back. Discussion is good... but don't get all "I'm going to take my ball and go home" when people respond in way that you don't agree with. I've already proven to you on the IHB that I can take it... so who has the thin skin here?

Let's put this to your (or grace's... whoever said this) original comment:

"I can feel the pretentious vibe all over this thread."

Really? So, because I know who is saying this, I feel that maybe it's not what you really mean so my response was basically "You are contributing to that". But since you don't seem to understand, let me explain:

1. To classify members into who is influential and who is not is pretentious.
2. To tell people who want to live in Irvine that they only think of the short term is pretentious.
3. To say that Irvine has not produced anyone who has produced scholarly achievements is pretentious.
4. To say that those who want to buy a house in Irvine are only interested in brand name is pretentious.
5. To use the words "shallow" and "an embarrassment" is pretentious.

Is that clear now?

Maybe you meant to use the word "contentious". That would be more appropriate and is actually sometimes good for forums because it creates conversation (although heated).

Adios
Click to expand...
That would be sad. I never considered you someone who would run rather than fight ;D!
 
[quote author="escrowbear"]What do you guys think of Carmel. Seems comparable to Villa Rosa.[/quote]
Villa Rosa has better locations as a whole as they go throughout the south side of Woodbury and are not boxed in by that wall.

Villa Rosa also has 3-car tandem garages and more "living" areas.

If they were priced the same, Villa Rosa would be better.

They are both priced too high. Carmel was a better value when they initially said it was high $800k (still high) but at over $900k, you would be better off buying at Los Colinas in Portola Springs.
 
[quote author="irvinehomeowner"]
[quote author="escrowbear"]What do you guys think of Carmel. Seems comparable to Villa Rosa.[/quote]
Villa Rosa has better locations as a whole as they go throughout the south side of Woodbury and are not boxed in by that wall.

Villa Rosa also has 3-car tandem garages and more "living" areas.

If they were priced the same, Villa Rosa would be better.

They are both priced too high. Carmel was a better value when they initially said it was high $800k (still high) but at over $900k, you would be better off buying at Los Colinas in Portola Springs.[/quote]

ecrowbear,
If you are looking in that price range, you definitely need to check out plan III of Las Colinas. If i was looking for homes in $900k - $1M price range ("I wish <!-- s:) -->:)<!-- s:) --> ") in PS or WB, I would stretch a little and get Las Colinas plan 3 over Carmel or VR. Also i think Graphrix said that VR's builder ( Lennar homes ) is one crap above the crappiest builder (KB Homes)

Las Colinas are built on nice Big lots and Absolutely gorgeous! This is the type of home that will age very well and hold its value long term. Are Carmel's lot sizes even 4,000 sq/ft? I doubt it.
 
You do see the downward pressure on new homes.

Back during the bubble, Los Colinas ranged from $1m to $1.3m or something like that. Now their Plan 3s and 4s are at $1m... and resale for their models have gone to the low $900s.

They are only building 3/4s in the rest of their phases which I can assume is because they will probably get them down to sub $1m and don't want to be selling 1/2s in the $900k or less range as not to compete with WB/WBE and not to devalue the 1/2s they sold in the last few years.

Panda thinks they will get down to $700k... I wish they would but highly doubt it.

That's why I think if they really wanted to sell their 2010 Collection, they would adjust their higher end pricing but I guess they are banking on the "pretense" of Irvine buyers.
 
IHO,

Would it be okay if i can adjust my Las Colinas prediction numbers after seeing all this "pretentious" FCB/Asian Irvine madness? I think prices will get down to $280 ppsf /May 2003 prices / shiller index of 152 at the bottom which would put a 3100 sq/ft plan 3 Las Colinas at around $868,000. There, I got brain washed by Irvine Renter before when i last quoted the $775k number. haha.
 
So $275/sf is your bottom call? I think that matches IR's adjusted call too.

That would put a 2500sft house at about $690k... which I wouldn't mind.

But it just illustrates that the 2010 Collection is still priced high at $325-350+/sf.
 
I've noticed many of the smaller homes in PS have closed shop and no longer building: San Carlos, Bougainvilea, Sendero to mention a few. I think Manzanita will be closing soon too. I am really courious to find out who the new builders in PS are going to be. Between Woodbury and Portola Springs, personally I would choose PS because it feels more open and the nice view of the hills/mountains.
 
[quote author="Panda "]
[quote author="irvinehomeowner"]
Villa Rosa has better locations as a whole as they go throughout the south side of Woodbury and are not boxed in by that wall.

Villa Rosa also has 3-car tandem garages and more "living" areas.

If they were priced the same, Villa Rosa would be better.

They are both priced too high. Carmel was a better value when they initially said it was high $800k (still high) but at over $900k, you would be better off buying at Los Colinas in Portola Springs.[/quote]
Are Carmel's lot sizes even 4,000 sq/ft? I doubt it. [/quote]

I believe I read in the OC Register's report that the Carmel lots are 4675 sq/ft.
 
[quote author="Panda "]I've noticed many of the smaller homes in PS have closed shop and no longer building: San Carlos, Bougainvilea, Sendero to mention a few. I think Manzanita will be closing soon too. I am really courious to find out who the new builders in PS are going to be. Between Woodbury and Portola Springs, personally I would choose PS because it feels more open and the nice view of the hills/mountains.[/quote]

I like that fact the Portola Springs offers, on average, a larger lot sizes to their SFRs. But, I don't really like the fact that it is detached from the rest of the city. It is almost in the middle of nowhere. Sure, you can go down Sand Canyon and get to Woodbury Town Center in a few minutes, but the community itself feels detached.
 
Well, just to update you guys, I signed my contract and I will put down 20% as because I don't really want to pay PMI and the higher mortgage. I know you guys probably think I'm foolish, but I guess I will really find out 2-3 years from now. Anyway, good luck everyone!
 
Congratulations, Steve. As long as you are happy with your home, that's what really counts. Thanks for your contributions to the board, and sharing with us. It's very interesting to get a first hand account of this process. Have a great weekend!
 
But it won't be finished until June?

This was the one thing that intrigued me when buying new... how drawn out it was.

Like did anyone move into Ivy yet (sorry... I'm not over there so I wouldn't even know)?
 
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