irvinehomeowner
Well-known member
Show me the post that says otherwise... I found all your lies... where is mine? In fact, there is a thread here that says about when I last bought in Irvine.If you say so... We all know your history.
I don't recall you doing that here. Your March 2012 posts kept saying that prices will keep going down, let me remind you again:I didn't blame the Fed or other forces during the last crash. My entire focus has been on not fighting the Fed. That is why I started encouraging people to buy homes and stocks like crazy in 2009 before most of our bear blog compadres believed the bottom was in.
Irvine median home price hits 9-year lowhttp://ochousingnews.com/news/irvine-median-home-price-hits-9-year-low
You can bash the median all you want, but it's not possible for a shifting sales mix in a city the size of Irvine to be solely responsible for a $320,000 price decline since the peak. Every village except University Park has a lower PpSF than one year ago, so the price decline continues and many of the sales that IHO posted have lost value in a short amount of time. They are like the '08 buyers in the non-Irvine/non-coastal areas of OC that purchased too early. They were the early knife catchers. Now it's Irvine's and the beach cities' turn to feel the pain. Those that purchased in these higher end areas from 2008-2011 are the Real Knife Catchers of OC.
So to answer IHO's question from another thread...
Yes, Irvine prices got "destroyed" and will continue to get "destroyed" for some time.
Right there "those that purchased in these higher end ares from 2008-2011 are the Real Knife Catchers of OC"... last I checked, 2009 is between 2008 and 2011.
And I said, good thing USC, Zubs and myself didn't listen to your 2012 call of priced continuing to get "destroyed" for some time.
No Covid to blame on that bad call.
Hard to argue with yourself isn't it?
Time for you to disappear for a few days hoping that no one will remember these posts.