irvinesinglemom, we moved away from irvine/OC precisely because we didn’t want to wait. running my blog and doing my due diligence, my feeling is OC will crash, but it’ll take some time. if you want to stay in irvine, be prepared to wait for a long time, ie. 3-4 more years before being able to buy. go to my blog, check that Escondido post, that will happen everywhere, including OC. And go to the inventory numbers, see how SD has 23,000 resale homes to OC’s 17,000 with the same population size. others will disagree with me, but I really feel you are looking at 1-2 years behind SD with OC. $100,000 is not a lot of money, don’t jump in.
