The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.

The agents on this board frequently comment that the primo properties you might have the most interest in aren’t among the ones that are listed in a bottomed out market. I dunno that I exactly agree with that but I don’t entirely disagree either.

I cannot emphasize enough how difficult the credit terms are in a down market. Don’t expect the bargain basement interest rates.

The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.

The agents on this board frequently comment that the primo properties you might have the most interest in aren’t among the ones that are listed in a bottomed out market. I dunno that I exactly agree with that but I don’t entirely disagree either.

I cannot emphasize enough how difficult the credit terms are in a down market. Don’t expect the bargain basement interest rates.

The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.

The agents on this board frequently comment that the primo properties you might have the most interest in aren’t among the ones that are listed in a bottomed out market. I dunno that I exactly agree with that but I don’t entirely disagree either.

I cannot emphasize enough how difficult the credit terms are in a down market. Don’t expect the bargain basement interest rates.

Bugs, how about new housing developments? Will new home communities be in abundance here in Temecula and Murrieta since we still have land? I’m not worried about resales at all since I’ll probably be buying brand new.

Bugs, how about new housing developments? Will new home communities be in abundance here in Temecula and Murrieta since we still have land? I’m not worried about resales at all since I’ll probably be buying brand new.

Land in Temecula? Not really, it was announced last year that Temecula was built-out.

Now there are still some projects on the books that have not been started, but basically Temecula is done.

Land in Temecula? Not really, it was announced last year that Temecula was built-out.

Now there are still some projects on the books that have not been started, but basically Temecula is done.