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Old 02-21-2021, 09:14 PM
 
4 posts, read 7,330 times
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Well as a market in Orange County you are looking at 1.1 to 1.2 % of the price except for certain areas of Irvine that have mello roos which can go as high up as 1.9%. I mean that is what I know of from being a real estate agent.
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Old 02-22-2021, 08:26 AM
 
1,159 posts, read 456,868 times
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Quote:
Originally Posted by BaileyZhengDRE View Post
Well as a market in Orange County you are looking at 1.1 to 1.2 % of the price except for certain areas of Irvine that have mello roos which can go as high up as 1.9%. I mean that is what I know of from being a real estate agent.
And then add in HOA's and it gets quite e[pensive VS an older home in a non association area.



Though I did buy a home in an association, but they gave all the streets to the city (this was in 2000), had no other areas to maintain sooo... no HOA payment and no HOA board either.
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Old 02-22-2021, 10:41 AM
 
Location: Corona del Mar & Coronado, CA
3,107 posts, read 1,855,729 times
Reputation: 3818
Lake Forest, neighborhoods in Irvine (including University Park), Placentia, and Yorba Linda have single family homes in your price range.
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Old 02-22-2021, 04:11 PM
 
Location: NYC & Media PA
499 posts, read 310,049 times
Reputation: 378
Thanks very much, I'm on a plane headed from CA back to the east coast, I alreadymiss the weather
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Old 02-23-2021, 12:22 PM
DKM
 
Location: Thousand Oaks, CA
6,113 posts, read 2,212,283 times
Reputation: 5904
Not really sure why people think they can't afford more house here. 150 income with 150 down gets you comfortably into a 800k house.

That said, the premiums on housing here are placed on beach proximity, schools and drivability to major job centers. It appears none of those are super important to you so you would have a much easier time getting into something you will like living in. 500k isn't going to cut it, but mid 600s starts to get you into some nicer places if you're okay with attached living.

PS I ended up moving here after a trip in the winter as well, and the wife was the major force behind it too. She was right as always, its worth it.
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Old 02-23-2021, 08:17 PM
 
Location: San Diego
2,983 posts, read 6,954,386 times
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Quote:
Originally Posted by DKM View Post
Not really sure why people think they can't afford more house here. 150 income with 150 down gets you comfortably into a 800k house.

That said, the premiums on housing here are placed on beach proximity, schools and drivability to major job centers. It appears none of those are super important to you so you would have a much easier time getting into something you will like living in. 500k isn't going to cut it, but mid 600s starts to get you into some nicer places if you're okay with attached living.

PS I ended up moving here after a trip in the winter as well, and the wife was the major force behind it too. She was right as always, its worth it.

Seriously? 150k down, comfortably basic boring house at 800k?


Okkkkkkkk.
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Old 02-25-2021, 01:57 PM
DKM
 
Location: Thousand Oaks, CA
6,113 posts, read 2,212,283 times
Reputation: 5904
Quote:
Originally Posted by Dub D View Post
Seriously? 150k down, comfortably basic boring house at 800k?


Okkkkkkkk.
My point was they don't have to limit their budget to 500. What is your point exactly?
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Old 02-25-2021, 02:00 PM
 
Location: SoCal
242 posts, read 89,510 times
Reputation: 593
Look down in Temecula, west Murrieta, and even parts of Menifee near Newport.
You may be pleasantly surprised!

Here’s a pretty pool home in Menifee:
https://www.redfin.com/CA/Menifee/29.../home/22796194

Temecula:
https://www.redfin.com/CA/Temecula/3...1/home/6327356

Last edited by DanceswithBeagles; 02-25-2021 at 02:49 PM..
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Old 02-25-2021, 07:12 PM
 
Location: San Francisco Bay Area
6,610 posts, read 3,586,201 times
Reputation: 13142
Quote:
Originally Posted by DanceswithBeagles View Post
Look down in Temecula, west Murrieta, and even parts of Menifee near Newport.
You may be pleasantly surprised!

Here’s a pretty pool home in Menifee:
https://www.redfin.com/CA/Menifee/29.../home/22796194

Temecula:
https://www.redfin.com/CA/Temecula/3...1/home/6327356
Those look nice!
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Old 02-26-2021, 11:37 AM
 
Location: San Diego
2,983 posts, read 6,954,386 times
Reputation: 2129
Quote:
Originally Posted by SFBayBoomer View Post
Those look nice!

You might as well live in a different state over moving to the Inland Empire. There's nothing California about the IE. The 'hour away from the beaches and mountain' talk is just talk. The amount of weekend traffic has exploded from when I lived there from 2008-2016. Every time I drive on the 15, there is at least some weekend traffic now. So more like 2 hours away from the beach unless you take Ortega highway...which you wouldn't want to do at night.
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