The housing bubble is unwinding like many asset bubbles before it. Understanding and recognizing these stages will help you better time your home purchase; Timing Does Matter . Asking Price: $439,000 Address: 83 Vermillion Irvine, CA 92603 Change chang ... Read the full post ... Read more

We are seeing more discretionary sellers with significant equity trying to exit the market. Is this the beginning of capitulation? Asking Price: $329,900 Address: 1306 Terra Bella Irvine, CA 92602 There’re secrets in this life That I can’t hide ... Read the full post ... Read more

Note earlier house price posts: Case-Shiller: Prices Fall Sharply in March and Case-Shiller: House Prices Tracking More Adverse Scenario Here are three key measures of house prices: Price-to-Rent, Price-to-Income and real prices based on the Case-Shiller quarterly national home price index. ... Read more

Yesterday, when I described the ratings of properties and the cashflow levels to which they should fall, I mentioned that the bottom of the Irvine market is defined by condos that only make sense as a cashflow rental. Today’s featured property is one of those. Asking Price: $149,900 ... R ... Read more

People seemed to find the rate-of-change graph in the prior post interesting so I thought I'd follow up with a look at how all the individual Case-Shiller price tiers have been trending. The results are found in the accompanying graph... continue reading at voiceofsandiego.org ... Read ... Read more