temeculaguy: I was looking at the 2750 in Stratford, when I was in there a month ago on the prequal papers she (sales rep) wrote down 417k for the 2750 (March move in date).
I looked at Laurel, but I just could not get over being so close to the casino. Also, I had a concern as to whether or not Standard Pacific was even going to survive to finish the community.
Lastly, I was also thinking that prices in Redwood (Wolf Creek) might come down significantly – so far that’s not the case as they are still around 500k (entry model).
At least Stratford is a good distance from the casino, but I know what you are saying about being close to the high school.
The nice thing about Stratford is the low tax rate @ 1.3%, Wolf Creek had a tax rate of 1.7% – that’s over $500 each and every month just for tax. Right now I pay $292/month (which is still a lot I think).
Despite all of this I see many people in the builders office signing papers, model home offices packed with people. Where they all come from, I have no idea.
I love reading this board and I have learned in the process, but I don’t think the general consensus in any given thread (on the current state of the market) reflects reality.
The housing mania has been subdued, but not extinguished.
People still want new houses, and will make foolish choices to get them.
I only wanted a new house because I am tired of buying older houses and then constantly working on them when things break or wear out. Plus I like the idea of modern wiring – cat5/6, 5.1, etc…
