we’re not rv or dirtbike people, not really horse people. i guess we’re just weirdo homeschooler types who want some chickens and a little room. We like meadowview for sheer closeness, but could go anywhere within striking distance of temecula. i don’t liek all those dang mccain signs, but I’m tolerant and get along well with others, and if that were a real factor, i guess i couldn’t live anywhere in temecula ;). What I’m seeing is listings ranging all over the place, similar looking houses ranging from 350k-550k, with not much appreciable difference in the property. it sure seems like the downside risk has to be more than 10% if you’re buying ont he high side of the range of 350-550k, cause i could see all of them collapsing ino a pile of listings at 300k in 6 months because there’s already a 30% plus spread on similar properties. From the bottom end, though, 350-400k, it just feels to me like it could be 250-300k in a year. But I also feel theend of the empire is at hand and that we are at the end of the game and that there will be nothing good happening appreciation wise perhaps in my lfietime. I see this only as a consumption item, and have no epxctation of appreciation. I just don’t want to get hurt too badly by price implosion and would liek to ahve a place we like to raise our kids. Or am I just being way too pessimistic about the future of 1970’s era semi-custom home sin temecula? I can see investors stepping up to pay super cheap square footage prices on cash flow places, but these are quirky old houses form the 70s in varying states of disrepair requiring someone who has some money to maintain and would probably not be the kind of property that screams out to someone looking for rental. in fact, they seem like a landlord’s nightmare. Which means it’s for an owner, and the pool of people looking at the higher end of temecula properties for themselves I think will be smaller next year. My wife says poppycock, all the good stuff is going to get snatched up a nd that we should seize the carp, or carpe the dime. I tell her no, there will be places, we’re not going to “miss” it, but i have agreed to “look”. I fear that looking seriously could lead to buying, kind of like the way that first kid arrived just by considering him. I told her I would only be willing to make offers based on what i think the price will be in a year, and they will be abnoxiously low. With that proviso, i have agreed to shop a little. I’m in trouble though, aren’t I?
