My parents have been busy looking for a house since they got back from Asia. Originally their budget is ~$500k but the selection is not that great. Most are either really old (from the 1960's) or located next to freeway/railroad. When a decent property is listed, there are lots of offers right away. I'm back to considering living with them again so we can get a bigger and nicer house for now. Most 4 bedroom houses are $650k-$700k around this area (Irvine/Tustin) with lots going for >$1M still.
For comparison, I saw this on the web.
Here's what $675k will get you in Georgia.
The 8,000 square-foot home on 3.5 acres is for sale for $675,000. It has newly refinished hardwood floors, a gourmet kitchen, breakfast room and a sitting room. Other features include a library, two-room office suite and a large front porch.
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