Real Estate

Orange County Homes in Irvine

No other city in Orange County has as many homes for sale. You can find any selection of home in Irvine right here. Those include big homes, small homes, green homes and white homes. Contemporary homes, modern homes, foreclosed homes, and standard sales homes. The median cost of a home for sale in Irvine is over $600,000, showing that it is a very desirable area to live in, and that it is a very affluent Orange County area. In fact, for its size, and being inland, it is by far the highest valued property in Orange County.

Each house for sale in Irvine is found right here. Simply follow this link to get details on individual listings. Irvine Homes For Sale

Real Estate in Irvine

Irvine’s many neighborhoods and villages have different and distinct styles than other areas in Orange County. They are this way because the city was designed by Irvine Company with streets separating the different housing styles. Irvine’s population is about 212,000, making it the largest population wise in the county. Also, the land area is much bigger compared to other towns in Orange County at 66 square miles. All of the real estate listings in Irvine are found right here.

Of course, homes in Irvine California are the most popular way to consider when looking for real estate, but there are a variety of other ways to search for a home or a place to live.

About Irvine CA

The University of California Irvine (UCI) is one of many large employers to the community. If you want to see whos who in America, move to Irvine. You will rub shoulders frequently with Olympians, actors/actresses, singers and politicians. Every October, Irvine celebrates it’s Global Village Festival, celebrating all cultures and ethnicities in Irvine and Orange County, showing that this beautiful city is very diverse.

Most of Irvine is flat, except for the northern and southern ends where it starts getting foothills. The foothills in Irvine area actual where a lot of the real estate is very desired. Lows in the temperature hardly ever dip under 40 degrees, making winters mild and comfortable. You will quickly notice that Irvine has an emphasis on parks, as there is one in almost every village. Everyone has an opportunity to get outside a chance to enjoy Irvine. Are you beginning to see why this is such a great area to live? Great people, low crime, ocean only a short distance away… real estate in Irvine is a no brainer. This should cap off your decision.

“Irvine was ranked the fourth best city to live in America”

- Businessweek

Irvine had the lowest violent crime rate among cities in the United States with populations of more than 100,000

- FBI

Irvine is seventh highest median income among cities in the United States with populations of more than 65,000

- US Census Bureau

The University of California Irvine is big part of Irvine, it attracts students and professionals from all over the world. Irvine is different than most cities as the shopping districts are on the east and west side of the city, leaving the middle for homes. Irvine is a unique city which is smack dab right in the middle of Orange County.

Distressed Housing For Sale in Irvine

When speaking of distressed housing, we are not talking about a home that is a fixer-upper. Even though there may be a chance that the homes are in need of repair, this is a different kind of distress. Homes that are considered distressed in Irvine are financially distressed. These homes have gotten in these situations for whatever reason, but one thing that you will generally find when searching for a distressed home, is these are cheap homes in Irvine. Some of the reasons may include 1) The homeowner lost their job, and can no longer afford the mortgage of a pricey Irvine home 2) Because of the drop in home values in and around Irvine.

It is true, even Irvine California has had home values drop, but not necessarily as much as the rest of the country. The reason why this makes for distressed situations is because a mortgage still owe $600,000, but the home is now worth $400,000. If somebody were to continue to pay on that mortgage, they would have to pay an extra $200,000 before they are actually gaining any equity. Nobody really wants to throw away a fifth of a million dollars.

What that means for buyers is that you can find fantastic deals in Irvine right now. While others forecast poor real estate conditions, it is actually still a prime time for individuals to find once of a lifetime deals – especially because interest rates probably will not drop any further.