The Motor Court Company
Well-known member
Seriously? Bid 300k over listing, non contingent and still didn?t get a new build by a freeway of all houses?? What if the real estate price corrects before the build out? Builder dont like falling prices so this could come back haunting them?
Ready2Downsize said:CalBears96 said:BlackKnight said:sleepy5136 said:Oh my? I guess I?m the odd ball that doesn?t like these modern Lego like homes?Irvinehomeseeker said:I like the modern architecture of these homes compared to the Mediterranean styles built by IP in Irvine.
Make it 2 odd balls. Not a fan of this type of house including the ones in GP.
I also like the ones in GP, but never intended to buy there (even those it's closer to my company) because of MR.
If I was trying to buy a house here I would be downright depressed.
Redfin has 102 properties listed in Irvine. Of those 24 are new builder listings, 8 in the Airport area (Santa Ana schools) and 6 mobile homes. In total there are 51 (which includes the above except new builds), condos/townhomes under $2 million.
Plenty of people on TI are trying to buy a house and are on waiting lists for Irvine homes. They have a chance to get something but someone who is just starting out now, how in heck are they supposed to get a thing in Irvine? There are more people on wait lists than homesites left.
So imo, those places in Tustin are going to go quickly. How many buyers have a senior in high school? Doubtful any. They can go to Heritage Elementary and Tustin Legacy Magnet middle/high school which will be up to 11th grade in the fall. In fact, I'm betting that is going to be a good school, one that people will want their kids to go to.
Trying to help my daughter move up in San Diego. It's even worse than here. Lennar almost has all the new builds and they require bidding on lots. I begged my daughter not to do it but she bid over $1.7 million on a carriage court near the freeway with the min. bid in the $1.4's. She is non contingent and she didn't get it.