What's going into escrow - Irvine and maybe some Tustin too

NEW -> Contingent Buyer Assistance Program
<p class="MsoNormal">Hey Ipop,</p>

<p class="MsoNormal">Thanks for your response and for answering my question. Your explanation helped me understand the process and sequence much better. It really hits home to see buyers moving on properties and locations that both you and I are interested in. I’ve been waiting to see some $$$ declines in these areas but so far it hasn’t manifested. Was hoping to see some haircuts like the one in Westpark that was profiled on Friday to no avail. </p>
 
<p>Some closes to report:</p>

<p><a href="http://www.ipoplaya.com">www.ipoplaya.com</a></p>

<p>36 Twiggs in Woodbury went for perhaps 14-15% less than peak price. It's a Juliet's Balcony home. Boy, recent comp at half a mil less for only a few hundred less square feet has probably got this seller a little worried:</p>

<p><a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=1321607">http://www.redfin.com/stingray/do/printable-listing?listing-id=1321607</a></p>

<p>CK my man, I put up the close price on Mineral King for you since I know you have been watching those a bit.</p>
 
<p>So Mineral King sold for $282/sq ft.? This is notable - very little has sold recently for sub-$300/sq. ft. in Northpark. I realize this is an attached (paired?) house but notable nonetheless...</p>
 
<p>I don't know the list price or list price range on 36 Twiggs stuff. It sold for $1.285M. </p>

<p>It went right to pending sale and I am tracking ones that flip to backup offers first... </p>

<p>Maybe someone else that is watching Woodbury more closely would know the list price on Twiggs. Anyone? Bueller? </p>
 
<p class="MsoNormal" style="tab-stops: 72.9pt"> </p>

38 Twigg is a gorgeous home with beautiful upgrades. What's puzzling me is the lack of furniture. At first I thought it might be a flip but DOM is relatively low.
 
ioplaya - try searching Google for "36 Twiggs irvine" then clicking on the cache link, good way to see expire RE listings from various RE sites.
 
Just got a close price report on 41 Desert Willow in Columbus Grove. This was an REO that the bank brought on at $959K. Sold for $902K. 2006 price was $1.15M I believe so it went for 20+% off peak price...
 
36 Twiggs was up for sale for $1.45M





Looks like a good steal for the person who bought it especially considering 35 Twiggs is smaller and going for $1.8M
 
ipoplaya,



This is trend is getting too long, making it very difficult to read on bb. Would you mind open a Part II new trend?



Thanks
 
<p>Actually, I think all we need is on the 1st page, to make the index say 1 2 3 4 5 6 7 8 9 instead of 1 2 3 4 5 6 7 8 so we can just click on 9 to hop to the end of the thread</p>

<p>Seems like a misindex error not found on the other threads</p>
 
<p class="MsoNormal"> </p>

<p class="MsoNormal">About a month back, my agent notified me of a foreclosure on Pieper Lane. Not sure if this is the one.</p>
 
<p>Qual Hill - Probably not making this guy to happy who is trying to get a $500k premium over his 2005 purchase price!!! The houses are within a 3 wood of each other so me thinks that not going to happen for him.</p>

<p><a href="http://www.redfin.com/stingray/do/printable-listing?listing-id=1486340">http://www.redfin.com/stingray/do/printable-listing?listing-id=1486340</a></p>
 
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