Ivy by Willian Lyon Homes in Woodbury East Irvine

NEW -> Contingent Buyer Assistance Program
[quote author="bkshopr" date=1247830383]This house missed the entire Asian market and then some Caucasian buyers because the <strong>toilet is directly over the entry. Everyone who enters the house experiences the poo ceremony.</strong></blockquote>


<blockquote>This product has major Feng Shui don?ts. The formula was clearly a pre bubble era solution targeting buyers looking for their first home. The price is amazing and it is by far the bargain for a new home and cheaper than its predecessor?s resale. With this kind of pricing may be I can tolerate having <strong>sh-t over my head</strong> and my money leaving the front door from the stairs alignment.</blockquote>


It is always great when BK has a post about the sh*theads who buy this product.



While it is "cheaper" than the Andover and Tamarisk listings, it is not more affordable when you add in Mello Roos and HOAs. In fact, both Andover and Tamarisk are much cheaper even if their sale price is slightly higher due to the interest write off you would have on the mortgage. Remember kids, HOAs and Mello Roos (for the most part) are not tax deductible. If you were paying cash, Ivy would cost you more than 4 times what Andover would on a monthly basis.



Dumb financial decisions do not discriminate, only those who discriminate are the ones who make dumb financial decisions.
 
In time, the distinction between Woodbury and Woodbury East will become blurred, this will be a future benefit to WE buyers. Today, as far as the public is concerned, all of the Northpark Square owners have been upgraded to Northpark owners.



Heck, even Tamarisk and Maricourt are now considered Northpark.
 
[quote author="jumpcut" date=1247863857]This post reminds me why I keep coming back to IHB. I nominate it for Post-of-the-Month.</blockquote>


The #1 reason to read this forum is to get insights from bk who was intimately involved in the creation of so many of Irvine's landmark and influential designs. Few of us here, me included, will ever have enough $$$ to hire bk directly to design our dream home so the fact that he is here giving us his thoughts and advice for free is astonishing.
 
[quote author="High Gravity" date=1247880689]In time, the distinction between Woodbury and Woodbury East will become blurred, this will be a future benefit to WE buyers. Today, as far as the public is concerned, all of the Northpark Square owners have been upgraded to Northpark owners.</blockquote>


It was the geniuses at TIC that selected that name and it was well thought out for the same reason as you mentioned. I have nothing to do with it.
 
Thank you - I am so sick of the "Tuscan" theme, but please don't try to emulate Main Street at Disneyland. I love Old Town Pasadena and even the old dilapidated "main streets" that don't see much pedestrian traffic (I'm blocking on the areas at the moment -- something like downtown whittier, glendale, pacific blvd in Huntington Park, atlantic blvd, ).
 
[quote author="ABC123" date=1247884217]Thank you - I am so sick of the "Tuscan" theme, but please don't try to emulate Main Street at Disneyland. I love Old Town Pasadena and even the old dilapidated "main streets" that don't see much pedestrian traffic (I'm blocking on the areas at the moment).</blockquote>


Disneyland is for amateur OC designers who never travel outside the Forbidden City and think Staple Center is the real Downtown LA.
 
[quote author="High Gravity" date=1247880689]In time, the distinction between Woodbury and Woodbury East will become blurred, this will be a future benefit to WE buyers. Today, as far as the public is concerned, all of the Northpark Square owners have been upgraded to Northpark owners.



Heck, even Tamarisk and Maricourt are now considered Northpark.</blockquote>


That may be true as far as the public is concerned, but the homeowners in WE will never have access to Woodbury's 7 pools, athletic courts and other private amenities. Plus, they need to cross busy Sand Cyn to get to the Town Center and elementary school. I'm sure TIC would have made that Gaza Strip part of Woodbury if it wasn't for that 6-lane, 60mph divider.
 
So how many units here are affordable housing? Apparantly Irvine needs to build an additional 35,000 by 2014. Better get crackin!



<a href="http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/">http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/</a>
 
[quote author="bkshopr" date=1247883385]

I will be involved with the Great Park since Lennar is dormant for the time being helping the City of Irvine to conceptualize an "old downtown" mixed use developments that appeal to Irvine's ethnic population. I am exploring historic styles that really create a sense of Main Street utilizing timeless vernaculars of the Deco era of 1930's like Old Town Pasadena but different from the Ranch's Mediterranean themes that worked well for residential but not for pedestrian Main Street.</blockquote>


Time to bring Rick Caruso to Orange County. I'd be interested to see how Caruso's vision for the Santa Antita parking lot performs as Arcadia has a similar demographic as Irvine.
 
[quote author="asianinvasian" date=1247893354]So how many units here are affordable housing? Apparantly Irvine needs to build an additional 35,000 by 2014. Better get crackin!



<a href="http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/">http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/</a></blockquote>


<img src="http://www.geocities.com/kp_diver/EJbox53-19L-Web.jpg" alt="" />



Here is the solution. Float some luxury units and residential sampans for affordability segmentation out of Irvine Cove. The Chinese buyers would snap up these units quickly. These units could be customized to any setback. Floating Condo is the new marketing term. Seriously people live in these small boats.
 
[quote author="asianinvasian" date=1247893354]So how many units here are affordable housing? Apparantly Irvine needs to build an additional 35,000 by 2014. Better get crackin!



<a href="http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/">http://irvinehomes.freedomblogging.com/2009/07/08/irvine-to-be-flooded-with-affordable-housing/</a></blockquote>


Well, if Irvine cannot get the affordable housing mandate reduced, this forum's dream of $195 / sq.ft. new construction in Orchard Hills will come true.
 
SCAG's mandate for 35,660 units are allocated as follows:

40.3% Above moderate income

20% Moderate Income households

18% Low income households

21.7% Very low income households



Is there a requirement that xx% must be for sale and not rental units?



I read that for 2009, "Moderate income" in OC is set at $111,600 for 1-2 persons & $130,200 for 3 person households. "Low income" is defined at $66,960 & $77,004 for existing structures, and $78,120 & $89,838 for new construction. I'm not sure what the very low income limit is set at.



Does anyone have better numbers?



Personally, I'd like to see more affordable housing units and services built for seniors.
 
[quote author="jumpcut" date=1247885781][quote author="High Gravity" date=1247880689]In time, the distinction between Woodbury and Woodbury East will become blurred, this will be a future benefit to WE buyers. Today, as far as the public is concerned, all of the Northpark Square owners have been upgraded to Northpark owners.



Heck, even Tamarisk and Maricourt are now considered Northpark.</blockquote>


That may be true as far as the public is concerned, but the homeowners in WE will never have access to Woodbury's 7 pools, athletic courts and other private amenities. Plus, they need to cross busy Sand Cyn to get to the Town Center and elementary school. I'm sure TIC would have made that Gaza Strip part of Woodbury if it wasn't for that 6-lane, 60mph divider.</blockquote>
They can always build a bridge that connects up WE with the shopping center, similar to the bridge they built for Oak Creek which connects the North side of Alton to the South side of Alton.
 
[quote author="High Gravity" date=1247894388][quote author="bkshopr" date=1247883385]

I will be involved with the Great Park since Lennar is dormant for the time being helping the City of Irvine to conceptualize an "old downtown" mixed use developments that appeal to Irvine's ethnic population. I am exploring historic styles that really create a sense of Main Street utilizing timeless vernaculars of the Deco era of 1930's like Old Town Pasadena but different from the Ranch's Mediterranean themes that worked well for residential but not for pedestrian Main Street.</blockquote>


Time to bring Rick Caruso to Orange County. I'd be interested to see how Caruso's vision for the Santa Antita parking lot performs as Arcadia has a similar demographic as Irvine.</blockquote>
Haha TIC and Donny won't let Caruso anywhere near Teh Ranch.
 
[quote author="momopi" date=1247897427]SCAG's mandate for 35,660 units are allocated as follows:

40.3% Above moderate income

20% Moderate Income households

18% Low income households

21.7% Very low income households



Is there a requirement that xx% must be for sale and not rental units?



I read that for 2009, "Moderate income" in OC is set at $111,600 for 1-2 persons & $130,200 for 3 person households. "Low income" is defined at $66,960 & $77,004 for existing structures, and $78,120 & $89,838 for new construction.



For new construction, does this mean that only 21.7% of the "affordable" units will be allocated to those making less than $78,120/year, versus 40% allocated to those making more than $111,600/year?</blockquote>


After reading that article and comments I was expecting the entire California prison population to be released and relocated to Irvine.
 
You must log in or register to reply here.
Back
Top