Listings that pique my interest... feedback?
- Thread starter ps99472
- Start date
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That's close to the market for foothill ranch these days. Everyone has slowed down so motivated sellers have to cut prices as well.
I am tempted to sell my Irvine detached condo and buy in Foothill / Tustin to get more space and land for the same money, but I don't think my wife would let me.
Just 8 miles down the road.. what a difference.. location, location, location! If the FR guy would have bought in Woodbury back in 05, he would be selling at a gain right now instead of a loss. Guess this is why we all buy in Irvine.
I was using these 2 listings as an example.
35 Waterspout - purchased March 2006 for $857k, sold Aug 2014 $939k
22 Flores - purchased May 2005 for $1.065k, sold ?? but currently listed for $899k
If the 22 Flores owner purchased the same Portisol property in May 2005, it would have been probably $810k? Of course there are landscaping costs for the new Portisol home, but if I had a time machine and had to choose between these 2 properties in 2005, I think the clear winner is to have purchased the Woodbury property.
paperboyNC
New member
WTTCMN said:
That's close to the market for foothill ranch these days. Everyone has slowed down so motivated sellers have to cut prices as well.
I am tempted to sell my Irvine detached condo and buy in Foothill / Tustin to get more space and land for the same money, but I don't think my wife would let me.
irvinehomeowner
Well-known member
Why not a Redfin link?
http://www.redfin.com/CA/Foothill-Ranch/22-Flores-92610/home/4798347
That is the FR market... it was actually less a few years ago. Still selling for a loss compared to their 2005 price (and if we account for an increase in value due to inflation).
This is a good location, culdesac, no one backing with a view (should have included a picture of the view too).
http://www.redfin.com/CA/Foothill-Ranch/22-Flores-92610/home/4798347
That is the FR market... it was actually less a few years ago. Still selling for a loss compared to their 2005 price (and if we account for an increase in value due to inflation).
This is a good location, culdesac, no one backing with a view (should have included a picture of the view too).
irvinehomeowner
Well-known member
Yep... in a one great room floorplan... how do you get away from the smell of the stinky tofu and shrimp paste?
#OldSchoolFloorplan4Life
#OldSchoolFloorplan4Life
woodburyowner
Well-known member
WTTCMN said:
Just 8 miles down the road.. what a difference.. location, location, location! If the FR guy would have bought in Woodbury back in 05, he would be selling at a gain right now instead of a loss. Guess this is why we all buy in Irvine.
woodburyowner
Well-known member
qwerty said:
I was using these 2 listings as an example.
35 Waterspout - purchased March 2006 for $857k, sold Aug 2014 $939k
22 Flores - purchased May 2005 for $1.065k, sold ?? but currently listed for $899k
If the 22 Flores owner purchased the same Portisol property in May 2005, it would have been probably $810k? Of course there are landscaping costs for the new Portisol home, but if I had a time machine and had to choose between these 2 properties in 2005, I think the clear winner is to have purchased the Woodbury property.
irvinehomeowner
Well-known member
"No... Irvine prices will fall just as much as every other Orange County city."*
*Quote from 2008/9/10
*Quote from 2008/9/10