We all complain about the prices in Irvine -- which are ridiculous and will continue to fall -- but many of these overpriced properties are very attractive homes and beautiful places to live. Asking Price: $1,849,000 Address: 8 New Dawn Irvine, CA 92620 Pretty ... Read the ful ... Read more

Tight inventory and increased sales still has not stabilized low-end pricing. Today’s featured property is a 2003 rollback.  Asking Price: $275,000 Address: 2243 Martin #111 Irvine, CA 92612 Somethings wrong, shut the light Heavy thoughts tonight ... Read the full post ... Read more

Rising interest rates will be the end of our Spring rally. Transaction volumes will fall first, and prices will fall later.   Asking P rice: $399,000 Address: 157 Lockford, Irvine, CA 92602 I’m sitting over Neptune City I used to love it It ... Read the full post ... Read more

Any increase in pricing brings delusional sellers out of hiding. They put their properties on the market at WTF price levels and hope to hit the lottery. Asking P rice: $1,149,000 Address: 12 Inglenook, Irvine, CA 92602 Every time I try to walk awa ... Read the full post ... Read more

Midtown Manhattan and the entire state of California both have problems. Let's first take a look at Manhattan Is Awash in Sublet Office Space . Few office towers have been left untouched by the flood of sublet space that has recently inundated the New York office market. In Midtown Manhattan — ... Read more

California Association of Realtors C.A.R. Data The following chart is from my friend "TC" who has been monitoring California Association of Realtors (C.A.R.) and DQNews data. C.A.R. data contains resale single family residences and new homes. DQNews data contains resale single family resi ... Read more

The president's $75 billion plan to keeping the housing market from eating it (see: news) is said to have special significance in California, the "epicenter of boom-and-bust real estate." The three-fold plan has two parts that are good for us, and one part that kind of fails us. The first ... Read more

During the bubble rally, it was common for people to buy multiple properties. When these people’s financial empires crumble, a number of properties can be dumped on the market at the same time. Today’s profile is about one such failed enterprise. There are multiple properties today. This owner ... Read more