Home › Forums › Housing › Huge amount of Temecula area REO’s › I still say $75/sf at Morgan
I still say $75/sf at Morgan Hill will not happen – unless we have a very deep recession.
Not all areas of Temecula and Murrieta are created equal.
Morgan Hill is a desirable place to live IMO, and we will soon be getting a regional hospital.
The market will probably over-correct, but I don’t think to that extent ($75/sf).
That would mean some houses in Morgan Hill will start at: 180k. Not going to happen, put the crack pipe down.
