Beacon Park

[Irvinecommuter]

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

Problem is that you still need somewhere to live...and if you buy new, you're just going to buy into the price hike.  Unless you're going to rent but there is little chance that Irvine RE prices will come down in the future.

 

[qwerty]

It can definitely be done, most people aren't willing to do that. Sounds like you are, more power to you. I couldn't do it, too much hassle and we are already sensitive to location due to commutes.

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

 

[bones]

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

Problem is that you still need somewhere to live...and if you buy new, you're just going to buy into the price hike.  Unless you're going to rent but there is little chance that Irvine RE prices will come down in the future.

But they did.  There have been dips - see examples above.  You just have to wait on the sidelines.

 

[bones]

It can definitely be done, most people aren't willing to do that. Sounds like you are, more power to you. I couldn't do it, too much hassle and we are already sensitive to location due to commutes.

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

I haven't done it yet.  I will admit, it gets harder as your kids get older.  There's ties to the community, friendships, blah blah blah.  But you know my stance on IUSD.  Hard to justify paying MR so my neighbors kid can go to overrated schools

 

[qwerty]

at least you have over-rated schools. we pay MR and dont even hour our promised school

Also, we really like our floor plan and glacier sized island and 3CWG, it would be hard to find a rental with all that.

 

[Bullsback]

It can definitely be done, most people aren't willing to do that. Sounds like you are, more power to you. I couldn't do it, too much hassle and we are already sensitive to location due to commutes.

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

It is also easier to say...unless of course we are in for a new bubble. The cycle, until the major run up and then subsequent bust, had historically been consistent slower gains (still good appreciation but not as crazy)...so really if you look back over the past 15-25 years in Irvine, there has not been a big, run up, bust, get back in trend. Now maybe that is the new trend (and we are about to bust...if I don't buy a bigger place, then go ahead market bust...if I do buy a bigger place, than please don't bust, haha). 
real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

 

[Irvinecommuter]

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

Problem is that you still need somewhere to live...and if you buy new, you're just going to buy into the price hike.  Unless you're going to rent but there is little chance that Irvine RE prices will come down in the future.

But they did.  There have been dips - see examples above.  You just have to wait on the sidelines.

Sure there are but it would mean having to move around quite a lot...fine if you are single or a couple but trying doing that with kids.  You also have factor in resale and relocation costs.  Not saying that it can't be worth the effort but it would have to be pretty good money to do it.

 

[bones]

I think for $300K I can live with noise and other issues.  So what if the house doe not appreciate, I am not going to take my price appreciation to the grave so hope the price point holds true and they throw in a 10-feet high ceiling as an icing on the cake. 

real estate appreciation is over rated anyway.  thats great for all these irvine folks whose house appreciated 20%+ in the last couple of years. what good does that do them? it doesnt do you any good in terms of move up because the bigger better house also appreciated by the same amount.  and the irvine fanatics cant even cash out because they refuse to live anywhere else. in general, all buying a house does is it locks you into market at a certain price point and then it is your hedge against inflation. so all that matters is whether you are in the market or out. now being out of the market the last two-three years does suck.

For cash out, you have to be willing to sell at the peak/mini bubbles/run ups and then wait on the sidelines for a dip.  The Irvine market in the last 5 or years has demonstrated this can be done.  There's been many opportunities to buy low, sell high, buy low again, sell high again.  The ones that come to mind are 2010 New Home Collection, Lambert Ranch, Laguna Altura, early phase PP.  Obviously it's a PITA to move so many times with some renting in between if the timing doesn't work well.  Even with the high costs of transacting RE, there's some good profits to be had.  I'm waiting to cash out of my PP place.  I mean, why not right?

Problem is that you still need somewhere to live...and if you buy new, you're just going to buy into the price hike.  Unless you're going to rent but there is little chance that Irvine RE prices will come down in the future.

But they did.  There have been dips - see examples above.  You just have to wait on the sidelines.

Sure there are but it would mean having to move around quite a lot...fine if you are single or a couple but trying doing that with kids.  You also have factor in resale and relocation costs.  Not saying that it can't be worth the effort but it would have to be pretty good money to do it.

I covered all that.  But welcome back IC.  Sure missed you.

 

[qwerty]

First day back and IC/bones already started round 1

 

[jmoney74]

Sell and move to the Greenwood! 

 

[irvinehomeowner]

Sell and move to the Greenwood! 

... and watch your MR dollars go nowhere.

 

[test]

Already did.

I know I have to use the search button but can you point me towards it, pretty please

http://www.talkirvine.com/index.php/topic,1988.msg229365.html#msg229365

 

[Irvine Dream]

Already did.

I know I have to use the search button but can you point me towards it, pretty please

http://www.talkirvine.com/index.php/topic,1988.msg229365.html#msg229365

Thanks Test.

Hence for Stafford the MR should be $3120(A)+1522(B)+2050(New tax to be approved today?)=$6,692.  Still lower than PP and BP.  Great, I now have to just have the prices hold and convince my wife.

 

[bones]

Already did.

I know I have to use the search button but can you point me towards it, pretty please

http://www.talkirvine.com/index.php/topic,1988.msg229365.html#msg229365

Thanks Test.

Hence for Stafford the MR should be $3120(A)+1522(B)+2050(New tax to be approved today?)=$6,692.  Still lower than PP and BP.  Great, I now have to just have the prices hold and convince my wife.

Whenever the words "convince my wife" appear on TI, it's often a fail. So good luck to you! Make sure you tell her about all the perks of greenwood. Save qwerty for the first, last and best reason.

 

[qwerty]

Already did.

I know I have to use the search button but can you point me towards it, pretty please

http://www.talkirvine.com/index.php/topic,1988.msg229365.html#msg229365

Thanks Test.

Hence for Stafford the MR should be $3120(A)+1522(B)+2050(New tax to be approved today?)=$6,692.  Still lower than PP and BP.  Great, I now have to just have the prices hold and convince my wife.

prices will hold for the opening, the main reason these will sell well is the price. they would be idiots to try to get greedy before they start selling, although i do think future prices will go up as phases are released but there still needs to be a discount to irvine for it to sell well all the way.

Irvine dream - make sure you follow Bones' instructions

 

[Irvine Dream]

[qyou! Make sure you tell her about all the perks of greenwood. Save qwerty for the first, last and best reason.

Common, What about my pride? I would never use Qwerty as a reason to convince my wife, I would rather move to a 1-BR apt in Santa Ana before that.

 

[bones]

[qyou! Make sure you tell her about all the perks of greenwood. Save qwerty for the first, last and best reason.

Common, What about my pride? I would never use Qwerty as a reason to convince my wife, I would rather move to a 1-BR apt in Santa Ana before that.

Lots of qwerties in one bedroom apartments in Santa Ana. To avoid qwerties, you buy in irvine and diy your gardening work. Just sayin....

 

[Swordfish]

The floor plans for ellwood Richmond American is pretty meh..

Price starting from the high $700ks with the smallest plan at 2081-2230 sqft.  Believe these are the lowest prices SFR in BP.

No.. I go to events like this to see houses, not to fill in time between klan meetings.

 

[eyephone]

The floor plans for ellwood Richmond American is pretty meh..

Price starting from the high $700ks with the smallest plan at 2081-2230 sqft.  Believe these are the lowest prices SFR in BP.

No.. I go to events like this to see houses, not to fill in time between klan meetings.

What do you mean by that?

 

[jmoney74]

The floor plans for ellwood Richmond American is pretty meh..

Price starting from the high $700ks with the smallest plan at 2081-2230 sqft.  Believe these are the lowest prices SFR in BP.

No.. I go to events like this to see houses, not to fill in time between klan meetings.

Ok