2010 Irvine New Home Collection

NEW -> Contingent Buyer Assistance Program
Not one in particular. I enjoy it when you clown on me...makes this site fun for me. I've tried antagonizing others, but no bites. Guess they're mature and better/bigger than that.

So shall we begin or are we now friends and on the same shing tao investment team? Anyways, you never answered my question. How loud do you speak in chinese when at the library?
 
Traveling 1740 miles to check out the 2010 Irvine New Home Collection. Off to catch my flight! Whooo Hoooo!!!! I can't wait!~

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[quote author="Panda "]Traveling 1740 miles to check out the 2010 Irvine New Home Collection. Off to catch my flight! Whooo Hoooo!!!! I can't wait!~

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P, are you packing the check book?
 
[quote author="irvinehomeowner"]foreignchinesebuyer = haiku ?

I don't know what I like better... the haikus, the sarcasms or the impersonations.[/quote]

foreignchinesebuyr = haiku = childplease...none of them have worked out very well. ;D

Long story short, time to re-invent myself by changing my screenname and starting over AGAIN to finally make some friends on this site. ;D

I wanted Potatowned, but the newest TI member took it earlier today and so now I'm leaning towards ISwearThat'sNotMeOnMegan'sLawWebsite - Moving to Woodbury, HOORAY!. ;D
 
[quote author="haiku"]
[quote author="irvinehomeowner"]foreignchinesebuyer = haiku ?

I don't know what I like better... the haikus, the sarcasms or the impersonations.[/quote]

foreignchinesebuyr = haiku = childplease...none of them have worked out very well. ;D

Long story short, time to re-invent myself by changing my screenname and starting over AGAIN to finally make some friends on this site. ;D

I wanted Potatowned, but the newest TI member took it earlier today and so now I'm leaning towards ISwearThat'sNotMeOnMegan'sLawWebsite - Moving to Woodbury, HOORAY!. ;D
[/quote]

Being addicted to Monterey Park Dim Sum places for several decades I spoke in only high decibels even at the library.

When I was at the model homes I spoke in Chinese dialects and started to point at things and the floor plan displays. This made the sales people nervous. I also brought a small leveler and a marble and place it on the walls and floor then I shook my head afterward. I also brought an empty LV travel luggage bag but no cash inside just in case I see linens I like.

I hated those hot glue. I also hated those xxl Liz Clairborne men shirt. I like to request TIC to hang in the closet size 16-1/2 shirt. By the way, I also hated the photocopies of photos depicting an Asian wife with a Caucasian husband. Please try something else for a change. May be this is the tactic to save the frames from disappearing into my bag.

Seriously are the interior designers really this stupid. If you wanted to merchandize the homes to reflect the Chinese demographic then stop shopping at Cost Plus and Pier One Imports then show some hardcore lifestyle accessories that I can actually use at my house. FCB do not shop at those places. The products there have lead paint.

When are you going to show a Mah Jong set up in the game rooms instead of some lame glued down Chinese checkers?

Stop accessorizing the pantry with Gwailo green tea bags. How about some Dragon wells or Po li tea disks that Chinese like.

I guess the market research conducted by white people did not really address the true lifestyle of a FCB.
 
Phase 2 Montecito Pricing:

Residence 1A Homesite 51 42 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2B Homesite 52 40 Marblehead $783,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Residence 3C Homesite 53 38 Marblehead $806,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 3BR Homesite 54 36 Marblehead $811,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 1A Homesite 55 34 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2C Homesite 56 32 Marblehead $778,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Phase 1 pricing
plan 1 $715k - $732k
plan 2 $760k - $775k
plan 3 $795k - $812k
 
[quote author="kayochan"]Phase 2 Montecito Pricing:

Residence 1A Homesite 51 42 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2B Homesite 52 40 Marblehead $783,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Residence 3C Homesite 53 38 Marblehead $806,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 3BR Homesite 54 36 Marblehead $811,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 1A Homesite 55 34 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2C Homesite 56 32 Marblehead $778,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Phase 1 pricing
plan 1 $715k - $732k
plan 2 $760k - $775k
plan 3 $795k - $812k
[/quote]

WHAT!! Pricing went up!?!? Crap...these are too high.
 
[quote author="irvinehomeowner"]Did they give you lot size?[/quote]

The largest lots go for the plan 3's as they are at the end of the motorcourt. Around 4400 like Kayochan said...the others range from 3400-3750.
 
[quote author="akim997"]

First, I feel I can say this because I'm Asian... 90% of the potential buyers were Chinese or Korean... Even though I'm Asian, I just feel this is a negative... I've lived in Irvine for the past 20 years because it was well diversified (but slowly changing). I've also created a potentially false stigma in my mind that these cash rich fools are keeping the prices at an inflated level. All the houses are being snapped up to the point that the next release of houses are coming out at higher prices already. What's going on here? Why is this small square mile in Irvine different than the rest of the real estate world? As much as I like Korean and Chinese food, the last thing I want of Irvine is the next Monterey Park/ Fullerton... Sorry if I offend anybody, but that's how I really feel.

[/quote]

I've seen statements like this a few times on this board --- about how Irvine is getting "too Asian". I tend to think these observations might be using the word "Irvine" where "Woodbury" or "New Communities" should be used. While certainly Irvine is very heavily Asian --- probably 40% or more now, it is by no means Monterey Park. Maybe Woodbury is approaching those demographics, but broader Irvine is still very diverse. Certainly my neighborhood in West Irvine is, as was my previous neighborhood in Westpark. I'm sure IHO's Woodbridge neighborhood or his previous Quail Hill also look a lot more diverse than the new home shoppers in the 2010 collection. My point is, I think there is a distinction to be drawn between "Irvine" and "Woodbury".

And for the record, I could really care less (and hope most others do as well) what the background of my neighbors are --- as long as they are productive and law abiding (and HOA abiding!) members of the community, who do their part to keep Irvine the great place it is.
 
[quote author="ck"]Certainly my neighborhood in West Irvine is, as was my previous neighborhood in Westpark. I'm sure IHO's Woodbridge neighborhood or his previous Quail Hill also look a lot more diverse than the new home shoppers in the 2010 collection.[/quote]
You are correct about Woodbridge... but Quail Hill was very FCB... not just asian but middle eastern. I believe it has more to do with the age of the community... with the newer ones having more asian/middle eastern buyers.

That is what my contention with graph is. Although IR2 wants to temper graph's arguments by saying there are just as many FCBs now as there were back during the last bubble... I tend to disagree with that. Just by CK and my own observation (although anectodal), the older neighborhoods had a higher mix of buyers. During some research on a certain home tract in Quail Hill, I would say 95% of the buyers were either asian or middle eastern and that's not an exaggeration. Can graph really claim that 95% of the buyers back in 1989 were FCBs? I remember looking at model homes back then and I certainly don't remember that saturation of buyers.

More of a dichotomy, the mid range to lower end of Quail Hill was more "ethnic" while the homes up in Vicara had a "lighter" shade of occupancy... and the Quail Hill Center reflected a more even mix but I assume that is also due to the owners in Shady.
 
[quote author="kayochan"]Phase 2 Montecito Pricing:

Residence 1A Homesite 51 42 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2B Homesite 52 40 Marblehead $783,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Residence 3C Homesite 53 38 Marblehead $806,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 3BR Homesite 54 36 Marblehead $811,000
Approximately 2,336 square feet, this two-story home offers 4 Bedrooms (including downstairs
bedroom), 3 Baths, Great Room, Tech Space, and a 2-Car Garage.

Residence 1A Homesite 55 34 Marblehead $736,000
Approximately 2,156 square feet, this two-story home offers 3 Bedrooms plus Den, 2.5 Baths, Great
Room, California Room, and a 2-Car Garage.

Residence 2C Homesite 56 32 Marblehead $778,000
Approximately 2,308 square feet, this two-story home offers 4 Bedrooms, 3 Baths, Great Room,
California Room, Upstairs Laundry, and a 2-Car Garage.

Phase 1 pricing
plan 1 $715k - $732k
plan 2 $760k - $775k
plan 3 $795k - $812k
[/quote]

First time poster to TI board.

So what has changed in the economy or peoples affordability for the prices to go up in 2 weeks.

I was one of the preapproved ones in this development. I dropped out the moment I saw them increase the phase numbers by 25K from what they were quoting during the sneak peek specials.

This is so 2001-2007 after a brather of 18 months.
 
@waitin4ever:

Welcome to TI... and I think TIC is going to burn themselves.

All those pre-regs like you on their list are going to do the exact same thing and drop off because of these price jumps.

Like I said... in a few months... they are going to wonder why nothing is moving.

Jumping prices after the original announcement, then after the new pricing and then again after Phase 1... how is Dan Young going to spin that greed?

Or maybe I'm wrong and there's a cargo plane full of FCBs that is going to buy up all 700 homes in the next 3 months.
 
I know a few people on that pre-reg. that have told me that the prices are getting way to high for the Montecito's and are thinking that they are already priced out or will be by the time they get their phone call from the builder. Their plans now are to start looking elsewhere.
 
My best guess of what might happen is that the listed public price will still go up, the builders have full access to the buyers finances, and will cherry pick the most qualified, probably with the most down. FCB love to bargain and negotiate, they will probably offer builder incentives & secret back door discounts if necessary...

The word will spread quickly among FCBs, so in later phases they will walk-in knowing full well they will not pay full price...
 
TIC is the real Hannibal Lecter of psychology. The idea is to pump up the fictitious pricing then mark them down at the time of the grand opening. That will send buyers into full frenzy.

Next is to pump up the media outlets and honor the few lucky enough to be the winners of a few homes being released in the first phase.

Then raise prices to hint the losers "better buy now or you can't afford them later". The early birds will be doing this calculation " 9 phases x $10,000/phase and I will be making or saving $90,000 for buying early".

In retail the same trick is being used. Take the regular price tag off and mark up the list price than put a red tag on it.

This worked everytime. The trick have been employed once at Lyon's project at Woodbury East.
 
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