Home buying recommendation: Santa Clarita/Valencia Vs Irvine

Been in LA for a year now and are planning to buy our first home in the area. Would love to hear your thoughts on which would be a better investment, Santa Clarita vs Irvine - both have really great school districts. Planning to buy in the next few months to a year.

Valencia/Five point is upcoming so I think there’s a better opportunity to buy a bigger house (single fam home with about 2500 Sqft) for a reasonable price (7-850k) vs a townhome in Irvine for the same price. Both brand new construction.

I personally think the market is artificially inflated in the greater LA area. Single fam homes are super competitive and are in not so great condition. We just saw a so so/flippy looking house in Hawthorne, CA (built in the 70s) today and they already have offers over asking price (listed for 849k and they got an offer for 900 - the house is about 1100 Sqft, updated with a pool)

Thoughts?

TC 170k

#Investments #real estate #homebuying