Help deciding our new home in Irvine
- Thread starter Sam78
- Start date
NEW -> Contingent Buyer Assistance Program
I guess it's possible but with Irvine being a FCB haven, I see no reason why wealthy FCBs would move out to LF or FR.
Ladera Ranch was supposed to the alternative to Irvine 5 years ago. According to Redfin, the median listing price is about $100 sq/ft less than Irvine ($328 v. $425). The median sales price is about $90 sq/ft less ($321 v. $404) The average number of offers for LR is 1.5 vs 2.7 for Irvine.
I don't think Redfin numbers include new home sales...most of the new homes are selling at $450 per sq/ft.
You can sleep well tonight, Open Sky. Our "Love/Hate relationship" dates back years but Iho is aware I love him (at absolutely any size) ever-so-slightly more than he hates me... err, I mean... I hate him. I understand, it is confusing to a new member. Heck, it's confusing to me, too. 
Just like the Chinatowns in Boston, New York, and Philadelphia?
Oct. 17, 2013: "CHINATOWNS THREATENED BY GENTRIFICATION"
http://blog.education.nationalgeographic.com/2013/10/17/chinatowns-threatened-by-gentrification/
"Asian populations in all communities are decreasing while rent and median housing value are increasing.
White income in Boston?s Chinatown increased to $84,255, while Asian income dropped to $13,057; the number of family households in New York?s Chinatown dropped by 12.6% while non-family households increased by 21.4%; the white population of of Philadelphia?s Chinatown grew by 233%. (!)"
you mean the railroad sandwiched between silent crossings (harvard/edinger and harvard/redhill)? actually the freight train has been honking the horn because the corner of edinger/kensington is considered a construction zone.
But then again, I could also hear the Disney fireworks too.
#dogears
Exactly...also Chinatowns are generally located in the least desirable areas of a city. They are usually the last one to get gentrified in an urban environment. Gentrification occurs when the location is prime but immensely underdeveloped. Usually, it's an area with a low income population who get pushed out by those with a lot more money. LA is just getting around to gentrifying Chinatown with the re-development of downtown.
That is not what you have in FR or LF. They're basically settled areas with pockets of vacant space.
Gentrification is also not limited to Chinatowns. The MO is the same though, rich people take up prime locations forcing the slightly less wealthy to find new areas to live in. Those new areas were not desirable but developers go in and re-develop the area and push out the poor residents.
not sure where you lived, but i have never felt any rumbling. perhaps the homes that backup to edinger can feel rumbling but we can not feel anything. i used to live right next the train tracks in college park and when the freight train passed by i could feel a little rumbling like you said, but that literally backed up to the train tracks.
Qwerty, where you are in Tustin is as good of a place to live as any other in Orange County. I got love for Tustin. I'll never understand how a train track or a waste mgm't facility can offend a person's good senses, even being a deal-breaker... while the 9th largest dump in America - Bowerman Landfill, a TCE plume, a Superfund site, exhaust fumes from the 5/405, do not. (I'm not necessarily referring to Iho, btw. Just an observation from TI over the years.)
Your preaching to choir SoCal. I really like the central location in OC. I completely agree with your points, all of irvines negatives somehow aren't that negative but Tustin is a dump. I think once the entire area is built out it will lose some of its stigma. Although the stigma may be subsiding, every 3000 sq ft home in the neighborhood is closing at/around $1M. Due to its central location we can explore more food choices in neighboring cities. We have been hitting up Costa Mesa a lot recently. We go to suzie cakes in newport every weekend to help out the baby to sleep since it's only 15 minutes away.
But then again, by that time, OC Register might rank Tustin Legacy's new schools as gold medal performers... or you will be in San Diego.
Irvinecommuter
New member
bones said:
I guess it's possible but with Irvine being a FCB haven, I see no reason why wealthy FCBs would move out to LF or FR.
Ladera Ranch was supposed to the alternative to Irvine 5 years ago. According to Redfin, the median listing price is about $100 sq/ft less than Irvine ($328 v. $425). The median sales price is about $90 sq/ft less ($321 v. $404) The average number of offers for LR is 1.5 vs 2.7 for Irvine.
I don't think Redfin numbers include new home sales...most of the new homes are selling at $450 per sq/ft.
irvinehomeowner
Well-known member
Yeah... my bad... I forgot which was which... Square has the railroad.qwerty said:
socal78
Well-known member
OpenSky said:
You can sleep well tonight, Open Sky.
Our "Love/Hate relationship" dates back years but Iho is aware I love him (at absolutely any size) ever-so-slightly more than he hates me... err, I mean... I hate him. I understand, it is confusing to a new member. Heck, it's confusing to me, too.
irvinehomeowner
Well-known member
I am very easy to insult, but very hard to offend.
If you play as much pick-up ball as I have, it's a useful skill.
If you play as much pick-up ball as I have, it's a useful skill.
socal78
Well-known member
bones said:
Just like the Chinatowns in Boston, New York, and Philadelphia?
Oct. 17, 2013: "CHINATOWNS THREATENED BY GENTRIFICATION"
http://blog.education.nationalgeographic.com/2013/10/17/chinatowns-threatened-by-gentrification/
"Asian populations in all communities are decreasing while rent and median housing value are increasing.
White income in Boston?s Chinatown increased to $84,255, while Asian income dropped to $13,057; the number of family households in New York?s Chinatown dropped by 12.6% while non-family households increased by 21.4%; the white population of of Philadelphia?s Chinatown grew by 233%. (!)"
paperboyNC
New member
Have you considered Marigold at Cypress Village?http://www.talkirvine.com/index.php/topic,3948.0.html
qwerty
Well-known member
irvinehomeowner said:Yeah... my bad... I forgot which was which... Square has the railroad.qwerty said:
you mean the railroad sandwiched between silent crossings (harvard/edinger and harvard/redhill)? actually the freight train has been honking the horn because the corner of edinger/kensington is considered a construction zone.
irvinehomeowner
Well-known member
Are maglev trains primetime now? When I used to live in that area, I was farther away from the trains than Square was and I can hear/feel the rumbling every time they came through.qwerty said:irvinehomeowner said:Yeah... my bad... I forgot which was which... Square has the railroad.qwerty said:
you mean the railroad sandwiched between silent crossings (harvard/edinger and harvard/redhill)? actually the freight train has been honking the horn because the corner of edinger/kensington is considered a construction zone.
But then again, I could also hear the Disney fireworks too.
#dogears
Irvinecommuter
New member
bones said:
Exactly...also Chinatowns are generally located in the least desirable areas of a city. They are usually the last one to get gentrified in an urban environment. Gentrification occurs when the location is prime but immensely underdeveloped. Usually, it's an area with a low income population who get pushed out by those with a lot more money. LA is just getting around to gentrifying Chinatown with the re-development of downtown.
That is not what you have in FR or LF. They're basically settled areas with pockets of vacant space.
Gentrification is also not limited to Chinatowns. The MO is the same though, rich people take up prime locations forcing the slightly less wealthy to find new areas to live in. Those new areas were not desirable but developers go in and re-develop the area and push out the poor residents.
qwerty
Well-known member
irvinehomeowner said:Are maglev trains primetime now? When I used to live in that area, I was farther away from the trains than Square was and I can hear/feel the rumbling every time they came through.qwerty said:irvinehomeowner said:Yeah... my bad... I forgot which was which... Square has the railroad.qwerty said:
you mean the railroad sandwiched between silent crossings (harvard/edinger and harvard/redhill)? actually the freight train has been honking the horn because the corner of edinger/kensington is considered a construction zone.
But then again, I could also hear the Disney fireworks too.
#dogears
not sure where you lived, but i have never felt any rumbling. perhaps the homes that backup to edinger can feel rumbling but we can not feel anything. i used to live right next the train tracks in college park and when the freight train passed by i could feel a little rumbling like you said, but that literally backed up to the train tracks.
socal78
Well-known member
qwerty said:
Qwerty, where you are in Tustin is as good of a place to live as any other in Orange County. I got love for Tustin. I'll never understand how a train track or a waste mgm't facility can offend a person's good senses, even being a deal-breaker... while the 9th largest dump in America - Bowerman Landfill, a TCE plume, a Superfund site, exhaust fumes from the 5/405, do not. (I'm not necessarily referring to Iho, btw. Just an observation from TI over the years.)
qwerty
Well-known member
SoCal said:
Your preaching to choir SoCal. I really like the central location in OC. I completely agree with your points, all of irvines negatives somehow aren't that negative but Tustin is a dump. I think once the entire area is built out it will lose some of its stigma. Although the stigma may be subsiding, every 3000 sq ft home in the neighborhood is closing at/around $1M. Due to its central location we can explore more food choices in neighboring cities. We have been hitting up Costa Mesa a lot recently. We go to suzie cakes in newport every weekend to help out the baby to sleep since it's only 15 minutes away.
NathanIrvine
New member
We were in the same boat but have decided to stop looking at Baker Ranch because of the vicinity of the jail. WHile it might not matter to many, it was a psychological barrier in our mind. We also looked at Ladera Ranch and Coto but have decided to focus our attention in Irvine.
irvinehomeowner
Well-known member
That will change... your kid doesn't go to school yet.qwerty said:
But then again, by that time, OC Register might rank Tustin Legacy's new schools as gold medal performers... or you will be in San Diego.