“The stock market has plummeted recently, similar to past real estate crashes in 2008 and the early 1900s, which were triggered by financial market downturns. Real estate markets across Los Angeles are down compared to last year, and the Irvine market will eventually follow. When the stock market began crashing a few weeks ago, Apple (AAPL) shares remained strong and didn’t drop much. However, they have now fallen nearly 15% as of this week. Likewise, the Irvine real estate market, much like Apple shares, is expected to decline by 10-15%.”