11,000 new homes southeast of San Juan Capistrano (Irvine, Orange: movie theaters, place to live)

[bhcompy]

housing prices are too high as is. middle class has effectively been pushed out. these houses may help that situation. unfortunate for current homeowners that purchased at current prices or refinanced, but considering the amount of middle class jobs in OC, if you have noone here that can afford the housing it won't be a pretty situation anyways.

funny, because many of the people that post in the OC forum are leaving or have left OC and are heading to Colorado. Similar towns, weather(except the snow part), wages, and lifestyle with housing prices at 1/3 to 1/4. Hell, one of the cities(Highlands Ranch) was built by the Mission Viejo Company that built Mission Viejo way back when. I'm leaving this summer. A 70-100k family income(not poor, not rich) isn't nearly enough to own a home in Orange County if you don't have a massive downpayment/own a home already. A 2500sqft home in the Denver area at 250k sounds a lot better than a 1500sqft ranch in suburban OC priced at 500k+. Sad really, 30 years ago a house in western OC was 30k when they were built. 1k down got you in. Middle class could still afford OC at that point

[hgclyde]

Rancho Mission Viejo construction depends on the economy very few developers will risk building now. There have been(Or will be) lawsuits to try to stop it.

Most of Orange County will look pretty much the same as it does now. You cant mistake Orange County for Suburban Washington very few town are going for the urban look of Arlington or Montgomery counties.

[Soccersupporter]

Originally Posted by bhcompy

housing prices are too high as is. middle class has effectively been pushed out. these houses may help that situation. unfortunate for current homeowners that purchased at current prices or refinanced, but considering the amount of middle class jobs in OC, if you have noone here that can afford the housing it won't be a pretty situation anyways.

funny, because many of the people that post in the OC forum are leaving or have left OC and are heading to Colorado. Similar towns, weather(except the snow part), wages, and lifestyle with housing prices at 1/3 to 1/4. Hell, one of the cities(Highlands Ranch) was built by the Mission Viejo Company that built Mission Viejo way back when. I'm leaving this summer. A 70-100k family income(not poor, not rich) isn't nearly enough to own a home in Orange County if you don't have a massive downpayment/own a home already. A 2500sqft home in the Denver area at 250k sounds a lot better than a 1500sqft ranch in suburban OC priced at 500k+. Sad really, 30 years ago a house in western OC was 30k when they were built. 1k down got you in. Middle class could still afford OC at that point

Back in the 70s my brother lived in the Mission Viejo development, in Aurora, CO. I think he paid in the high twenties. He brought a brand new house, lived there a few years made a whopping $8,000 dollar profit and got into the CA housing market.

We sound like we made the similar decision you are making. Our income was a tad higher but with 4 kids it just was not enough to live comfortably. Make that a 3300 sq. ft. house on a 1/4 acre for $250,000 in Keller TX.

There will soon to be no middle class in CA.

[Soccersupporter]

Originally Posted by hgclyde

Rancho Mission Viejo construction depends on the economy very few developers will risk building now. There have been(Or will be) lawsuits to try to stop it.

Most of Orange County will look pretty much the same as it does now. You cant mistake Orange County for Suburban Washington very few town are going for the urban look of Arlington or Montgomery counties.

If you had moved here back in the mid 60s like I did you would not have that opinion. OC will change and it will not always look as it does today. I remember when there was not a high rise in sight. Heck, I remember when South Coast Plaza was still being built. There will be change, for better or worse depends on your preference.

[bob-jenkins]

Hey soccersupporter, I noticed your location. I lived in Keller for 10 years and went to Mt. Gilead Church there. I did not think I would know anyone from there after I moved to OC. Good times in Keller.

[Soccersupporter]

Originally Posted by bob-jenkins

Hey soccersupporter, I noticed your location. I lived in Keller for 10 years and went to Mt. Gilead Church there. I did not think I would know anyone from there after I moved to OC. Good times in Keller.

We moved from Irvine, CA to Keller last November. It is really a great community, a lot like Irvine only smaller and more affordable. I guess what Irvine was before the housing boom. What took you to CA?

[bob-jenkins]

Originally Posted by Soccersupporter

We moved from Irvine, CA to Keller last November. It is really a great community, a lot like Irvine only smaller and more affordable. I guess what Irvine was before the housing boom. What took you to CA?

Our family needed us (mainly the older folks). We really hope to return back there. We pulled our daughter out of the best school ever (Indian Springs middle) to come here. And the people, they are SOOOO down to earth and friendly.

Its definately new like Irvine, but the lots for each home are MUCH larger than in Irvine.

[Soccersupporter]

Originally Posted by bob-jenkins

Our family needed us (mainly the older folks). We really hope to return back there. We pulled our daughter out of the best school ever (Indian Springs middle) to come here. And the people, they are SOOOO down to earth and friendly.

Its definately new like Irvine, but the lots for each home are MUCH larger than in Irvine.

That might be our problem in the next 5-7 yrs. My wife's parents are getting there and she will be the one to come to their rescue.

The schools here are impressive, a little bit behind academically than the schools our children went to in Irvine but that is easily made up by the smaller classrooms, the athletic programs that you pay virtually nothing for, and the facilities themselves. It really is amazing the difference between the schools and what they offer.

You are so right about the lot sizes. We had a small cottage home, 2100 sq. ft. on a .07 acre lot that we sold for $800,000 in Irvine. We bought a 3340 sq. ft. house on a .29 acre lot for $270,000 in Keller. That is not a huge lot by TX standards but our house would easily be over 1 million in Irvine.

Our daughter came out here to college (TCU), moved back to CA and could not get a teaching job. She moved back to Fort Worth and had a job immediately. We followed her when after she got married and pregnant. We love it. Good luck getting back. That is the good thing about TX, it is easy to come back to since housing is so affordable, buying or renting.

[Soccersupporter]

Originally Posted by bob-jenkins

Our family needed us (mainly the older folks). We really hope to return back there. We pulled our daughter out of the best school ever (Indian Springs middle) to come here. And the people, they are SOOOO down to earth and friendly.

Its definately new like Irvine, but the lots for each home are MUCH larger than in Irvine.

Speaking of schools, follow this link to see how schools have no priority in CA. That is why my daughter teaches in TX.

[FONT='Calibri','sans-serif']http://www.iusd.org/district_news_information/Budget_Notebook/BudgetNotebook030708.pdf[/font]

[Coldjensens]

that is what? .01% increase in the number of homes in the county? It will nto have any noticable impact on the county. It will have a huge impact on the immediate area.

they have said for years that OC to San Diego will soon be just one big sprawl