In 1987-88 a notable builder of high end homes, J. M. Peters, developed what was to be the last addition to the community of the University Town Center, around the University of California’s Irvine campus that is called Oxford Court.
The neighborhood of Oxford Court borders Harvard and Marquette, and many of the town homes in the development back to William R. Mason Regional Park.
Oxford Court was designed and built when we experienced a great demand for housing which grew out of a time when interest rates had become more favorable (30 year fixed rate mortgages hovered around the 10% range and adjustable rate mortgages fluctuated between the 7% – 8% range depending upon the program).
Upscale town homes and condominiums were in demand due to the rising prices in the single family home market, and young professionals, couples, and small families eager to get into the housing market were excited about this new development created in and around the U. C. Irvine, with its close proximity to great schools, shopping, entertainment, freeways, and the beach.
Moreover, although it was built when the notion of Mello-Roos was in its infancy, the neighborhood of Oxford Court was one of the few communities that avoided this special assessment, since the infrastructure was already in place surrounding this new development. The streets in Oxford Court were named after the well established colleges, universities, and institutions of higher learning such as Vassar, Lehigh, Auburn, and Rice to mention a few. For more information on this community click here.Read More ▾
Percentage change from latest quarter vs same time period previous year
Data compiled using 1st quarter 2019 data vs. same period from 2018
Public & Private Institutions Of Learning
Education in the United States is provided by public, private and home schools. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. Discover the K12-powered public or private school that is best suited for your child's needs in the area.