Burn That Belly
New member
x
Delano at Eastwood
- Thread starter lnc
- Start date
NEW -> Contingent Buyer Assistance Program
That the price is over (talking about Eastwood).
#eyephoneanswer
Yeah, so what neighbor in Irvine isn't over yet?
I would like you hear your genuine advice so that I can buy/invest with more wisdom next time.
Hah. Don?t look at me for any wisdom when it comes to buying/investing in Irvine.
I just have my personal preferences and one of them is not to buy attached, esp for $1m.
For that money, buy an older, smaller detached SFR with no MRs.
I find it funny that BTB is poking fun at the GP homes when the Delano attached townhomes are similar and will have similar issues as any other attached product.
#docansandfansanddetached
The GP homes are actually nicer especially the floorplans inside. (not the exteriors) But I think TIC homes select better locations overall. So far I have chosen better locations over better floorplans. Anyone experience this?
Just for the record, I don't think BTB ever said this attached is better than detached. He simply pointed out how well this is selling. And he believes the 'location' plays a huge role for this madness price range.
What BTB is saying is this - You want appreciation? Here is a product you might wanna buy. It went from $800K to $1M+ less than a year. Buy now or priced out forever.
And no, FCB will not hang clothes but the whole comforter set from your bed.
Just like waiting for interest rates to rise so that prices will go down, I wouldn't buy mainly based on speculation of appreciation.
For location sure, but type of product and floorplan matters to me because it's where I will live. I don't assume I can just flip it and put my woes on the next buyer... that's for day traders.
So there are no $800-$1m *detached* products in Irvine? I've been out of the new home tours for a while so I'm not even familiar with what type of new stock is out there.
There are some detached homes in $800K to $1M range about 50 inventories redfin says. They are usually built in 1970s or even older.
There might be extra cost about $200K to fix and clean up asbestos after closing.
The best bet would be West Irvine or Tustin Ranch only few left.
Delano floorplans are pretty good compare to other attached products. Yes, it's bad that such 'attached' homes are selling so expensive, but that's the market we are in.
Shall we wait for the crash now?
irvinehomeowner
Well-known member
Burn That Belly said:irvinehomeowner said:Overpriced.
Please define or elaborate on the true meaning and "definition" of overpriced?
That the price is over (talking about Eastwood).
#eyephoneanswer
Burn That Belly
New member
x
irvinehomeowner
Well-known member
General rule... only proper detached SFRs with a backyard, driveway and on a street should sell for over $1m.
In 2028... that threshold will probably be $2m.
In 2028... that threshold will probably be $2m.
Burn That Belly
New member
x
irvinehomeowner said:Burn That Belly said:irvinehomeowner said:Overpriced.
Please define or elaborate on the true meaning and "definition" of overpriced?
That the price is over (talking about Eastwood).
#eyephoneanswer
Yeah, so what neighbor in Irvine isn't over yet?
I would like you hear your genuine advice so that I can buy/invest with more wisdom next time.
irvinebullhousing
Well-known member
Because they are FOOLS to pay that price and expect another FOOL to pay even a higher price for the same attached box.
Its a phenomena call "Musical Chair" This time the music already stop but they still rushing to the dance floor.
Time will tell.
Its a phenomena call "Musical Chair" This time the music already stop but they still rushing to the dance floor.
Time will tell.
irvinehomeowner
Well-known member
Mety said:irvinehomeowner said:Burn That Belly said:irvinehomeowner said:Overpriced.
Please define or elaborate on the true meaning and "definition" of overpriced?
That the price is over (talking about Eastwood).
#eyephoneanswer
Yeah, so what neighbor in Irvine isn't over yet?
I would like you hear your genuine advice so that I can buy/invest with more wisdom next time.
Hah. Don?t look at me for any wisdom when it comes to buying/investing in Irvine.
I just have my personal preferences and one of them is not to buy attached, esp for $1m.
For that money, buy an older, smaller detached SFR with no MRs.
I find it funny that BTB is poking fun at the GP homes when the Delano attached townhomes are similar and will have similar issues as any other attached product.
#docansandfansanddetached
Burn That Belly
New member
x
irvinehomeowner said:Mety said:irvinehomeowner said:Burn That Belly said:irvinehomeowner said:Overpriced.
Please define or elaborate on the true meaning and "definition" of overpriced?
That the price is over (talking about Eastwood).
#eyephoneanswer
Yeah, so what neighbor in Irvine isn't over yet?
I would like you hear your genuine advice so that I can buy/invest with more wisdom next time.
Hah. Don?t look at me for any wisdom when it comes to buying/investing in Irvine.
I just have my personal preferences and one of them is not to buy attached, esp for $1m.
For that money, buy an older, smaller detached SFR with no MRs.
I find it funny that BTB is poking fun at the GP homes when the Delano attached townhomes are similar and will have similar issues as any other attached product.
#docansandfansanddetached
The GP homes are actually nicer especially the floorplans inside. (not the exteriors) But I think TIC homes select better locations overall. So far I have chosen better locations over better floorplans. Anyone experience this?
Burn That Belly
New member
x
https://youtu.be/7k7-BPD6YzkBurn That Belly said:irvinehomeowner said:Burn That Belly said:irvinehomeowner said:Overpriced.
Please define or elaborate on the true meaning and "definition" of overpriced?
That the price is over (talking about Eastwood).
#eyephoneanswer
Let me ask you this. (eyephone-type question)
Does Kanye think it's overpriced?
irvinehomeowner
Well-known member
Since BTB is all about the data... what are the empirical advantages of an attached townhome vs detached products?
And are these triplex units?
I wouldn't want to live in that middle unit... looks like 12 Grimmauld Place.
So do FCBs hang clothes from that balcony?
And are these triplex units?
I wouldn't want to live in that middle unit... looks like 12 Grimmauld Place.
So do FCBs hang clothes from that balcony?
irvinehomeowner said:Since BTB is all about the data... what are the empirical advantages of an attached townhome vs detached products?
And are these triplex units?
I wouldn't want to live in that middle unit... looks like 12 Grimmauld Place.
So do FCBs hang clothes from that balcony?
Just for the record, I don't think BTB ever said this attached is better than detached. He simply pointed out how well this is selling. And he believes the 'location' plays a huge role for this madness price range.
What BTB is saying is this - You want appreciation? Here is a product you might wanna buy. It went from $800K to $1M+ less than a year. Buy now or priced out forever.
And no, FCB will not hang clothes but the whole comforter set from your bed.
Burn That Belly
New member
x
irvinehomeowner
Well-known member
Mety said:
Just like waiting for interest rates to rise so that prices will go down, I wouldn't buy mainly based on speculation of appreciation.
For location sure, but type of product and floorplan matters to me because it's where I will live. I don't assume I can just flip it and put my woes on the next buyer... that's for day traders.
So there are no $800-$1m *detached* products in Irvine? I've been out of the new home tours for a while so I'm not even familiar with what type of new stock is out there.
irvinehomeowner said:Mety said:
Just like waiting for interest rates to rise so that prices will go down, I wouldn't buy mainly based on speculation of appreciation.
For location sure, but type of product and floorplan matters to me because it's where I will live. I don't assume I can just flip it and put my woes on the next buyer... that's for day traders.
So there are no $800-$1m *detached* products in Irvine? I've been out of the new home tours for a while so I'm not even familiar with what type of new stock is out there.
There are some detached homes in $800K to $1M range about 50 inventories redfin says. They are usually built in 1970s or even older.
There might be extra cost about $200K to fix and clean up asbestos after closing.
The best bet would be West Irvine or Tustin Ranch only few left.
Delano floorplans are pretty good compare to other attached products. Yes, it's bad that such 'attached' homes are selling so expensive, but that's the market we are in.
Shall we wait for the crash now?