usctrojancpa
Well-known member
AW said:
The sub $1m market is Irvine is strong and the <$800k outside of Irvine is strong. I've been involved in a half dozen multiple counter situations both on my listings and with my buyers in the past 6-8 weeks.
all cash home purchases
- Thread starter My_Alter_Ego
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NEW -> Contingent Buyer Assistance Program
The sub $1m market is Irvine is strong and the <$800k outside of Irvine is strong. I've been involved in a half dozen multiple counter situations both on my listings and with my buyers in the past 6-8 weeks.
I dunno... but it is a scenario that has yet to be played out yet. I have no doubts however that if Chinese are ever forced to pull money out of their home "investments" here in Irvine, prices will undoubtedly fall significantly.
The sub $1m market is Irvine is strong and the <$800k outside of Irvine is strong. I've been involved in a half dozen multiple counter situations both on my listings and with my buyers in the past 6-8 weeks.
irvinehomeowner said:hello said:
How many times have we heard that?
I dunno... but it is a scenario that has yet to be played out yet. I have no doubts however that if Chinese are ever forced to pull money out of their home "investments" here in Irvine, prices will undoubtedly fall significantly.
Many FCB buy homes and leave it empty in Irvine. They don't even rent them out. When and if they see the market go sour, they dump their homes for a discount. This can really hurt the market. My neighbor is a FCB, rented out their home for a super discount compared to the rest of market.
Clearly, having FCB is a double edge sword
Clearly, having FCB is a double edge sword