What’s really going on in the Irvine housing market? 3-31-2012

Mar 312012
 
What’s really going on in the Irvine housing market? 3-31-2012

The Irvine Housing News profiles properties for sale each day and presents current market data on each village and neighborhood. If you really want to know what’s happening in the Irvine Housing market, you need to read the Irvine Housing news and subscribe to the our monthly newsletter. Redfin is the most popular real estate search site in Southern California. They track the most popular listings based on the number of views each receives. Below are some of the most viewed property listings in Irvine. Check them out. See what everyone else finds so interesting. 37 ROCKY Knl Irvine, CA 92612 — $749,000 $1,030,000 14 MONTEREY #1 0.92 miles 3 bd / 2.5 ba 2,328 Sq. Ft. $824,900 12 MONTEREY [Read More...]

Northwood prices fall below $300/SF

Mar 302012
 
Northwood prices fall below $300/SF

Irvine: Northwood Overview Median home price is $468,000. Based on a rental parity value of $576,000, this market is fairly valued. Monthly payment affordability has been improving over the last 7 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $302/SF to $290/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $33 last month from $2,400 to $2,433. Rents have been rising for 7 month(s). Price momentum suggests rising rents over the next three months. Market rating = 5 Proprietary Irvine Housing News home purchase analysis 4 SHERIDAN Irvine, CA 92620 $779,000 …….. Asking Price $310,000 ………. Purchase Price 3/7/1994 ………. Purchase [Read More...]

Prime Jamborree corridor condos crashing

Mar 292012
 
Prime Jamborree corridor condos crashing

Irvine: Airport Condos Overview Median home price is $269,000. Based on a rental parity value of $466,000, this market is under valued. Monthly payment affordability has been improving over the last 5 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $351/SF to $344/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $16 last month from $1,950 to $1,966. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 10 Proprietary Irvine Housing News home purchase analysis 5096 SCHOLARSHIP Irvine, CA 92612 $1,350,000 …….. Asking Price $2,024,500 ………. Purchase Price 6/20/2007 ………. [Read More...]

3,000 SF for $2,544 per month in El Camino Real

Mar 282012
 
3,000 SF for $2,544 per month in El Camino Real

Irvine: El Camino Real Overview Median home price is $420,000. Based on a rental parity value of $517,000, this market is under valued. Monthly payment affordability has been improving over the last 10 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased to $284/SF from $287/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates declined $33 last month from $2,215 to $2,181. Rents have been rising for 7 month(s). Price momentum suggests rising rents over the next three months. Market rating = 6 Proprietary Irvine Housing News home purchase analysis 4511 CHARLEVILLE Cir Irvine, CA 92604 $729,888 …….. Asking Price $337,500 ………. Purchase Price [Read More...]

Northpark prices falling at a 5.6% rate

Mar 272012
 
Northpark prices falling at a 5.6% rate

Irvine: Northpark Overview Median home price is $559,000. Based on a rental parity value of $588,000, this market is fairly valued. Monthly payment affordability has been worsening over the last 2 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis declined from $297/SF to $295/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $50 last month from $2,431 to $2,481. Rents have been rising for 11 month(s). Price momentum suggests rising rents over the next three months. Market rating = 5 Proprietary Irvine Housing News home purchase analysis 170 HAYWARD Irvine, CA 92602 $429,900 …….. Asking Price $585,000 ………. Purchase Price 3/30/2004 ………. Purchase [Read More...]

Northwood prices continue to crumble

Mar 262012
 
Northwood prices continue to crumble

Irvine: Northwood Overview Median home price is $468,000. Based on a rental parity value of $576,000, this market is fairly valued. Monthly payment affordability has been improving over the last 7 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $302/SF to $290/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $33 last month from $2,400 to $2,433. Rents have been rising for 7 month(s). Price momentum suggests rising rents over the next three months. Market rating = 5 Proprietary Irvine Housing News home purchase analysis 5182 ROYALE Ave Irvine, CA 92604 $688,000 …….. Asking Price $257,000 ………. Purchase Price 6/13/1995 ………. [Read More...]

Quail Hill is affordable relative to rents

Mar 252012
 
Quail Hill is affordable relative to rents

Irvine: Quail Hill Overview Median home price is $508,000. Based on a rental parity value of $580,000, this market is under valued. Monthly payment affordability has been worsening over the last 2 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis declined from $342/SF to $329/SF. Resale prices have been falling for 9 month(s). Price momentum suggests falling prices over the next three months. Median rental rates declined $98 last month from $2,548 to $2,450. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 6 Proprietary Irvine Housing News home purchase analysis 111 LATTICE Irvine, CA 92603  $1,088,000 …….. Asking Price $985,000 ………. Purchase Price 11/24/2004 ………. [Read More...]

What’s really going on in the Irvine housing market? 3-24-2012

Mar 242012
 
What’s really going on in the Irvine housing market? 3-24-2012

The Irvine Housing News profiles properties for sale each day and presents current market data on each village and neighborhood. If you really want to know what’s happening in the Irvine Housing market, you need to read the Irvine Housing news and subscribe to the our monthly newsletter. Redfin is the most popular real estate search site in Southern California. They track the most popular listings based on the number of views each receives. Below are some of the most viewed property listings in Irvine. Check them out. See what everyone else finds so interesting. 12 INGLESIDE Irvine, CA 92620 — $994,000 $999,000 241 VINTAGE 0.02 miles 4 bd / 3.5 ba 2,742 Sq. Ft. $979,000 23 CHIMNEY ROCK 0.17 [Read More...]

Woodbury prices fall and rents rise

Mar 232012
 
Woodbury prices fall and rents rise

Irvine: Woodbury Overview Median home price is $420,000. Based on a rental parity value of $647,000, this market is under valued. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $310/SF to $304/SF. Resale prices have been falling for 12 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $83 last month from $2,650 to $2,733. Rents have been slowly rising for 2 month(s). Price momentum suggests unchanging rents over the next three months. Market rating = 6 Proprietary Irvine Housing News home purchase analysis 88 TWIN GABLES Irvine, CA 92620 $739,000 …….. Asking Price $720,000 ………. Purchase Price 7/14/2006 [Read More...]

Woodbridge is nearly 30% undervalued

Mar 222012
 
Woodbridge is nearly 30% undervalued

Irvine: Woodbridge Overview Median home price is $382,000. Based on a rental parity value of $553,000, this market is under valued. Monthly payment affordability has been worsening over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased to $295/SF to $299/SF. Resale prices have been falling for 11 month(s). Price momentum suggests falling prices over the next three months. Median rental rates increased $33 last month from $2,300 to $2,333. Rents have been rising for 12 month(s). Price momentum suggests rising rents over the next three months. Market rating = 8 Proprietary Irvine Housing News home purchase analysis 30 East YALE Loop #21 Irvine, CA 92604  $499,000 …….. Asking Price $720,000 ………. Purchase Price [Read More...]

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