Newer Irvine listings with crazy WTF asking prices from equity sellers

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yaliu07 said:
well, there is always rich people and there is always stupid people.

I am just glad that I am not stupid enough to buy that....
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I think if you need a place to live and not look at it as an investment, it's ok to buy even at today's prices. looking long term, we all should do quite ok. with that said, go buy that 40 Modena place at Laguna Altura. You won't be disappointed.
 
jamboreedude said:
iacrenter said:
irvinehomeowner said:
IrvineHousewife said:
Take that all you naysayers that said not to buy in LA.
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I don't think the naysayers were saying not to buy in LA because you won't see appreciation... they just didn't like how the neighborhood was built out, its proximity to the 133, the high HOA and its distance from amenities.
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+1

I liked Cortona but the community is disappointing. TIC touted this as a luxury gated A-village but the design leaves much to be desired.
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It's 98% build out and people (mostly FCB's) are still looking to buy in this development!
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Clearly this is just my opinion and there are many people who spoke with their wallets.

The final community design was a let down to me. There was so much hype/speculation over the years leading up to Laguna Crossing/Laguna Altura. After seeing the initial community architectural drawings and then seeing the final build was painful. You could tell TIC got greedy and wanted to pack more homes into the community. On top of that, you see a company like the TNHMC come in at Lambert Ranch execute a better community design...just one more strike against TIC.

It is my hope that some lessons are taken when they design their next gated A-Village at Orchard Hills but I am very doubtful. Given how well new construction is selling in this market, TIC will simply continue to make shortcuts and instead spend money on the marketing. "California" this and "California" that while at the same time maximizing their profits and minimizing their lot sizes.
 
Irvine is a ghetto compared to Newport Coast.  Perhaps if the Chinese knew this, they would be buying in 92657 instead of Shady Canyon/Turtle Ridge.  They can hang out with Kobe's wife at Pavilions!

In USA, the rich live by the coast, and property gets cheaper as one moves inland toward the desert. 
For that Laguna Altura vs. Lambert Ranch thread, Altura wins on this account.
 
laguna altura folks... hold ur horses... dont get too happy just yet, wait till the community south of lake forest to be built... the homes there are gonna be priced even more expensive then laguna altura... that will greatly effect and help our home values as well... :)

lol there will always be nay sayers... its like stock, ppl will bitch and say how retarded ppl bought google stock at 650... if it tanks then they can be like i told u so, when it goes up to 850-900s range, they will still have something to say... as long as ur benefitting, who cares?
 
zubs said:
Irvine is a ghetto compared to Newport Coast.  Perhaps if the Chinese knew this, they would be buying in 92657 instead of Shady Canyon/Turtle Ridge.  They can hang out with Kobe's wife at Pavilions!

In USA, the rich live by the coast, and property gets cheaper as one moves inland toward the desert. 
For that Laguna Altura vs. Lambert Ranch thread, Altura wins on this account.
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The Chinese still prefers Irvine over Newport Coast, even the super wealthy ones.
 
i predict its just diversifying... rather than say buy homes in manhattan, san marino, beverly hills, or what nots... most of them buy multiple homes in cheaper locations where potential for appreciation is greater and much easier to rent out...
 
paperboyNC said:
These sellers are crazy:http://www.redfin.com/CA/Irvine/37-Canoe-92618/home/40461472

$414/sqft for an attached condo with virtually no yard. This is worth $675K at current prices. Unlike the $1.5m PS home I listed earlier with lots of land, this one definitely will not sell for anything close to asking price.
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You can buy a 3bed/3bath 1,800sf attached condo under $700k in Quail Hill so why the hell would you spend $800k on one in Portola Springs?  They should be glad if they get over $700k. 
 
No Quarter said:
Once there is enough critical mass, someone from another country can move here and get away without speaking very much (or any english).  When I lived in SF, there were many folks who didn't know any languages outside of Cantonese.  That worked for them, since their community is quite large.
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true, no wonder my wife's English is getting worse by the day since we moved to Irvine!  >:(
 
No Quarter said:
Once there is enough critical mass, someone from another country can move here and get away without speaking very much (or any english).  When I lived in SF, there were many folks who didn't know any languages outside of Cantonese.  That worked for them, since their community is quite large.
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You lived in SF too?  Irvine housing must feel like luxury mansions compared to what you can get in the City by the bay... I do miss the food though...
 
No Quarter said:
SF is awesome, lived there for 4 years.  They just built the city on the wrong side of the bay.  Everytime you go to Oakland or down south of SFO, you think to yourself, "why do i live in that miserable weather???".

But it gets tiring to do small things if you don't have a car... I used to do all the big box shopping in Colma or Daly City to avoid the congestion.
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Miserable weather?... i lived on 48th in Outer Sunset.. I think I had the most miserable weather.. finding salt crystals on my car in the morning is not fun... At least I never miss the Judah, wakes me up every morning..and the best part... the original Crustacean (Thanh Long) is two blocks away... crab + wine + stumble home = good times
 
paperboyNC said:
These sellers are crazy:http://www.redfin.com/CA/Irvine/37-Canoe-92618/home/40461472

$414/sqft for an attached condo with virtually no yard. This is worth $675K at current prices. Unlike the $1.5m PS home I listed earlier with lots of land, this one definitely will not sell for anything close to asking price.
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but wait................"The Living Room is Pre-Wired For A Plasma Connection for Your Entertainment."

Is that a huge selling point?
 
quattroporte said:
but wait................"The Living Room is Pre-Wired For A Plasma Connection for Your Entertainment."

Is that a huge selling point?
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It means the home doesn't have much else going for it and the realtor was taught that you need at least X number of upgrades in your listing.
 
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