$200K price drop on house…what’s going on in Temecula?

[Bunny Meadows]

OK…we’ve been looking at homes here in Temecula. We moved here in August (after a 3 year detour took us from San Diego to D.C).

We’re renting at the moment. Based upon what I’m learning/reading, I think we’ll hold off on a home purchase till late 2008 (at the earliest).

In August, we stumbled onto an open house in a neighborhood called Crowne Hill. It was a 2005 Lennar home – never lived in. The owner seemed kind of desperate and was asking $679K.

Well, we stopped off at the same house yesterday. (We didnt realize this). Guess what? The asking price is now $479K and the owner said that since it’s a short sale he’d be willing to “wiggle a bit” on the price to get it sold.

Yikes.

We also looked at a new Centex home in Redhawk. When we looked at this model in August, it was in the $500s. Now, they are offering the home with granite/stainless and upgraded flooring for $460K.

I’m so happy that we didnt buy in August – or I’d be crying into my champagne tonight.

Does anyone think the prices will decline much more in 2008? It seems hard to believe, but after seeing this extreme example I’m not sure….

The jury is still out on Temecula. It’s not a bad place, but we dont have kids and this is a very family-focused place. We’re also considering North County. We’ve both lived there and liked it. However, I’m still shocked when I drive down there and see how the housing had mushroomed in just a few years…

Any predictions for 2008 on prices, etc?

Thanks!

[VoZangre]

predictions…

well, i can say that you’ll be getting predictions of further decline … the depths that will be plumbed will vary…

from ~ 25% from peak, to ~40%…

see http://piggington.com/if_you_think_the_mother_of_all_recessions_isnt_coming

ciao…

Voz

Voz

[paramount]

In looking at Centex I assume you are referring to Hemingway?

I have been looking in Hemingway since the summer, and yes the prices have come down, but not that much overall.

Centex, unlike Standard Pacific has not really lowered their prices that much (or offered many incentives), but I have not checked back recently. I have tried to negotiate with Centex with basically no luck at all.

My take on Temecula as a 5 year resident and student of the housing market in Temecula: Depends on the community, the price drops in Crowne Hill have surprised me, but then Crowne Hill does not have any amenities to speak of (pools,etc…).

Morgan Hill could go sub 400k (for the non view smaller homes) in the near future if it isn’t already.

Parts of Redhawk are nice, but was only recently incorporated into the city – meaning the building codes were not as strict as in the city proper – at least based on my observations.

Temecula is supported to a considerable extent by Camp Pendleton (lots of Marines live in Temecula), so will be somewhat insulated from a recession.

My 2008 prediction for Temecula: Perhaps another 10% for the resale market by this time next year (I am basing that on my house – a typical Temecula house). New houses may be a different story, maybe less than 10%.

Be Warned: Many on this board like to trash Temecula, and often put Temecula/Murrieta in the same basket. I know Temecula AND San Diego well and maintain my objectivity at all times.

[temeculaguy]

The whole area will fall another 10-20% in 2008, right now there is huge disparity between the repos and the resales. I have posted some model matches on other threads for half off a neighbors exact house. Don’t pay in the 400’s for Crowne hill, get on redfin, it’s crawling with price drops and because it was built 2003-2005 it will get hit hard by the repos.

Hemingway has tandem garages but they have a great location so low 400’s is a fair price there but they are selling so slow and they have standing inventory and as Paramount pointed out, they haven’t really lowered the prices in line with the competition. They will get to the 300’s or they will fold, in a year they’ve built about 20 houses, probably sold 15, at this rate it will take them a decade to build out. They haven’t even dropped their prices 100k, around here that is considered out of touch with reality.

I disagree with paramount about the redhawk building codes, they have always been near the top echelon for design and qualilty, what you see that is below par is actually not Redhawk, don’t be fooled by realtors improperly representing a property in redhawk or using the phrase “redhawk area”. The areas that are sub par for the most part are in bridlevale, vail ranch and some other fill in tracts that are not part of the redhawk hoa. I was here when the area incorporated into the city and there is no change, in fact some of the pre-city developments were the best with a couple of exceptions (mostly things built by centex). Here’s an example of one of the dozens of redhawk/golf course view properties that have fallen below the 400 mark. These have true three car garages, not tandem.

http://www.redfin.com/stingray/do/printable-listing?listing-id=852863

This will continue into 2008 and properties like the one above will hit 300, while 400 will get you anything you want.

Morgan is already gone below 400k, here’s a 350k short but it’s a weird floorplan, 2300 sq ft 2 br, that has limited marketability, however if you don’t have kids it might be perfect.

Heres a nice one for 402k, very upgraded, if it wasnt the extreme east of Redhawk I’d throw a 300 or 350 offer at it. It’s not a short, it a true bank owned

http://www.redfin.com/stingray/do/printable-listing?listing-id=1360838

If you look around you will find that 200k off is the norm, with half off being the goal, even with the drops they are not selling, so there’s another 100k to go.

[temeculaguy]

The whole area will fall another 10-20% in 2008, right now there is huge disparity between the repos and the resales. I have posted some model matches on other threads for half off a neighbors exact house. Don’t pay in the 400’s for Crowne hill, get on redfin, it’s crawling with price drops and because it was built 2003-2005 it will get hit hard by the repos.

Hemingway has tandem garages but they have a great location so low 400’s is a fair price there but they are selling so slow and they have standing inventory and as Paramount pointed out, they haven’t really lowered the prices in line with the competition. They will get to the 300’s or they will fold, in a year they’ve built about 20 houses, probably sold 15, at this rate it will take them a decade to build out. They haven’t even dropped their prices 100k, around here that is considered out of touch with reality.

I disagree with paramount about the redhawk building codes, they have always been near the top echelon for design and qualilty, what you see that is below par is actually not Redhawk, don’t be fooled by realtors improperly representing a property in redhawk or using the phrase “redhawk area”. The areas that are sub par for the most part are in bridlevale, vail ranch and some other fill in tracts that are not part of the redhawk hoa. I was here when the area incorporated into the city and there is no change, in fact some of the pre-city developments were the best with a couple of exceptions (mostly things built by centex). Here’s an example of one of the dozens of redhawk/golf course view properties that have fallen below the 400 mark. These have true three car garages, not tandem.

http://www.redfin.com/stingray/do/printable-listing?listing-id=852863

This will continue into 2008 and properties like the one above will hit 300, while 400 will get you anything you want.

Morgan is already gone below 400k, here’s a 350k short but it’s a weird floorplan, 2300 sq ft 2 br, that has limited marketability, however if you don’t have kids it might be perfect.

Heres a nice one for 402k, very upgraded, if it wasnt the extreme east of Redhawk I’d throw a 300 or 350 offer at it. It’s not a short, it a true bank owned

http://www.redfin.com/stingray/do/printable-listing?listing-id=1360838

If you look around you will find that 200k off is the norm, with half off being the goal, even with the drops they are not selling, so there’s another 100k to go.

[temeculaguy]

The whole area will fall another 10-20% in 2008, right now there is huge disparity between the repos and the resales. I have posted some model matches on other threads for half off a neighbors exact house. Don’t pay in the 400’s for Crowne hill, get on redfin, it’s crawling with price drops and because it was built 2003-2005 it will get hit hard by the repos.

Hemingway has tandem garages but they have a great location so low 400’s is a fair price there but they are selling so slow and they have standing inventory and as Paramount pointed out, they haven’t really lowered the prices in line with the competition. They will get to the 300’s or they will fold, in a year they’ve built about 20 houses, probably sold 15, at this rate it will take them a decade to build out. They haven’t even dropped their prices 100k, around here that is considered out of touch with reality.

I disagree with paramount about the redhawk building codes, they have always been near the top echelon for design and qualilty, what you see that is below par is actually not Redhawk, don’t be fooled by realtors improperly representing a property in redhawk or using the phrase “redhawk area”. The areas that are sub par for the most part are in bridlevale, vail ranch and some other fill in tracts that are not part of the redhawk hoa. I was here when the area incorporated into the city and there is no change, in fact some of the pre-city developments were the best with a couple of exceptions (mostly things built by centex). Here’s an example of one of the dozens of redhawk/golf course view properties that have fallen below the 400 mark. These have true three car garages, not tandem.

http://www.redfin.com/stingray/do/printable-listing?listing-id=852863

This will continue into 2008 and properties like the one above will hit 300, while 400 will get you anything you want.

Morgan is already gone below 400k, here’s a 350k short but it’s a weird floorplan, 2300 sq ft 2 br, that has limited marketability, however if you don’t have kids it might be perfect.

Heres a nice one for 402k, very upgraded, if it wasnt the extreme east of Redhawk I’d throw a 300 or 350 offer at it. It’s not a short, it a true bank owned

http://www.redfin.com/stingray/do/printable-listing?listing-id=1360838

If you look around you will find that 200k off is the norm, with half off being the goal, even with the drops they are not selling, so there’s another 100k to go.

[temeculaguy]

The whole area will fall another 10-20% in 2008, right now there is huge disparity between the repos and the resales. I have posted some model matches on other threads for half off a neighbors exact house. Don’t pay in the 400’s for Crowne hill, get on redfin, it’s crawling with price drops and because it was built 2003-2005 it will get hit hard by the repos.

Hemingway has tandem garages but they have a great location so low 400’s is a fair price there but they are selling so slow and they have standing inventory and as Paramount pointed out, they haven’t really lowered the prices in line with the competition. They will get to the 300’s or they will fold, in a year they’ve built about 20 houses, probably sold 15, at this rate it will take them a decade to build out. They haven’t even dropped their prices 100k, around here that is considered out of touch with reality.

I disagree with paramount about the redhawk building codes, they have always been near the top echelon for design and qualilty, what you see that is below par is actually not Redhawk, don’t be fooled by realtors improperly representing a property in redhawk or using the phrase “redhawk area”. The areas that are sub par for the most part are in bridlevale, vail ranch and some other fill in tracts that are not part of the redhawk hoa. I was here when the area incorporated into the city and there is no change, in fact some of the pre-city developments were the best with a couple of exceptions (mostly things built by centex). Here’s an example of one of the dozens of redhawk/golf course view properties that have fallen below the 400 mark. These have true three car garages, not tandem.

http://www.redfin.com/stingray/do/printable-listing?listing-id=852863

This will continue into 2008 and properties like the one above will hit 300, while 400 will get you anything you want.

Morgan is already gone below 400k, here’s a 350k short but it’s a weird floorplan, 2300 sq ft 2 br, that has limited marketability, however if you don’t have kids it might be perfect.

Heres a nice one for 402k, very upgraded, if it wasnt the extreme east of Redhawk I’d throw a 300 or 350 offer at it. It’s not a short, it a true bank owned

http://www.redfin.com/stingray/do/printable-listing?listing-id=1360838

If you look around you will find that 200k off is the norm, with half off being the goal, even with the drops they are not selling, so there’s another 100k to go.

[temeculaguy]

The whole area will fall another 10-20% in 2008, right now there is huge disparity between the repos and the resales. I have posted some model matches on other threads for half off a neighbors exact house. Don’t pay in the 400’s for Crowne hill, get on redfin, it’s crawling with price drops and because it was built 2003-2005 it will get hit hard by the repos.

Hemingway has tandem garages but they have a great location so low 400’s is a fair price there but they are selling so slow and they have standing inventory and as Paramount pointed out, they haven’t really lowered the prices in line with the competition. They will get to the 300’s or they will fold, in a year they’ve built about 20 houses, probably sold 15, at this rate it will take them a decade to build out. They haven’t even dropped their prices 100k, around here that is considered out of touch with reality.

I disagree with paramount about the redhawk building codes, they have always been near the top echelon for design and qualilty, what you see that is below par is actually not Redhawk, don’t be fooled by realtors improperly representing a property in redhawk or using the phrase “redhawk area”. The areas that are sub par for the most part are in bridlevale, vail ranch and some other fill in tracts that are not part of the redhawk hoa. I was here when the area incorporated into the city and there is no change, in fact some of the pre-city developments were the best with a couple of exceptions (mostly things built by centex). Here’s an example of one of the dozens of redhawk/golf course view properties that have fallen below the 400 mark. These have true three car garages, not tandem.

http://www.redfin.com/stingray/do/printable-listing?listing-id=852863

This will continue into 2008 and properties like the one above will hit 300, while 400 will get you anything you want.

Morgan is already gone below 400k, here’s a 350k short but it’s a weird floorplan, 2300 sq ft 2 br, that has limited marketability, however if you don’t have kids it might be perfect.

Heres a nice one for 402k, very upgraded, if it wasnt the extreme east of Redhawk I’d throw a 300 or 350 offer at it. It’s not a short, it a true bank owned

http://www.redfin.com/stingray/do/printable-listing?listing-id=1360838

If you look around you will find that 200k off is the norm, with half off being the goal, even with the drops they are not selling, so there’s another 100k to go.

[Bunny Meadows]

Hi Paramount,

Happy New Year!

Yes, it was Hemingway that we looked at. While there is some appeal to owning a new home, I still felt like the Centex homes looked cheap in some respects. The front doors were cheesy…and the lots are so small. According to the sales office, there are only two lots left in Hemingway – Plans 1 and 4. Plans 2 and 3 are sold out. They have another section to build out, and said that will happen in spring.

I liked the Lennar homes in Wolf Creek, but I’m not crazy about Wolf Creek itself. It’s only about 50% built, and I wonder what will happen given the slowdown. We were told that they plan to start up again in April. But, with SO MUCH inventory out there, is that even possible?

I’m beginning to think I’d rather pick up a resale home, with a bigger lot (I have seen listings here for even 1/2 acre lots), and just upgrade the place myself, to my specifications.

We met a totally crazy realtor who is trying to sell his place out on the fringes of wine country. It’s out on De Portola Rd, 2.45 acres, pool, but dated 1980s home (no upgrades whatsoever) for $789K. He told us that plans have already been approved to build a 6-lane highway through Morgan Hill. It would start just after the CHP station on I-15 and run right through the MH neighborhood. He seemed to think that the joke’s gonna be on all the people who’ve paid a lot of money to live there, and that they have no idea what’s coming. I’m not sure if this is true – and not sure how to find out if it is.

As far as Temecula bashers…I’m fine with that. People talk about “cookie cutter” homes, here. IMO, it is no different than most of Northern San Diego county. Just a bit further out. I was prepared to not like living here, but I have to admit it’s a nice place. It’s quiet, crime is low, people are very friendly…it has a “small town” feel.

So, bash away! Maybe it’ll keep the population down.

Cheers,
Tamara

Bunny Meadows
Temecula, CA 92592

[paramount]

As far as the highway through Morgan Hill, based on my knowledge I would say the realtor is partially correct. I do not think it is fully approved.

The plan is to have a by-pass (almost a beltway) from I-15 near the checkpoint around to 79 North/Winchester. There will also be an exit to Pechanga.

I think it may happen, but not in the next 5 years.

I don’t mind the bashing as long as it’s fair and balanced – much of it though seems class based which seems to be a theme that permeates the Piggy forums. But then maybe my objectivity isn’t what it should be given that I have lived in Temecula for the past 5 years.

Wolf Creek: I do like Wolf Creek, but it’s still new so only time will tell. I’m thinking there will be a ton of REO’s in Wolf Creek since it was built during the bubble, but as of yet that has not fully materialized.

[Bunny Meadows]

When you say “class based” do you mean that non-Temecula people think we’re all a bunch of red-neck rubes? One of the things that HAS surprised me about Temecula is that while it is a bit of a “Stucco Jungle” there IS, indeed, a lot of money up here. I’ve seen the “horsey set” tooling around town, and there seem to be a number of $1mil+ homes that are very elegant.

We are very fortunate. My husband found an excellent job with a small aerospace company up here (he’s a retired USAF pilot), and I work from home as a writer. His commute is 10 minutes and mine is 10 seconds.

If I worked in San Diego, I’d probably choose to live in Vista/Shadowridge or South Escondido. It looks like there are aggressively priced homes in those areas right now.

[paramount]

In terms of commuting, it depends on where in San Diego you work. I work in North County which is a haul, but is reasonable (barely). I would not go beyond North County, the 56 would be my absolute limit.

OC, LA – forget about it….

[paramount]

My nickname for Temecula is Rednecula.

One of the things Temecula needs is it’s own Community College, and after the hospital gets built I hope that’s next on the agenda.

TVCC: Temecula Valley Community College.

[paramount]

My nickname for Temecula is Rednecula.

One of the things Temecula needs is it’s own Community College, and after the hospital gets built I hope that’s next on the agenda.

TVCC: Temecula Valley Community College.

[paramount]

My nickname for Temecula is Rednecula.

One of the things Temecula needs is it’s own Community College, and after the hospital gets built I hope that’s next on the agenda.

TVCC: Temecula Valley Community College.

[paramount]

My nickname for Temecula is Rednecula.

One of the things Temecula needs is it’s own Community College, and after the hospital gets built I hope that’s next on the agenda.

TVCC: Temecula Valley Community College.

[paramount]

My nickname for Temecula is Rednecula.

One of the things Temecula needs is it’s own Community College, and after the hospital gets built I hope that’s next on the agenda.

TVCC: Temecula Valley Community College.

[SeekerX]

Same question—I work near the 56 and live in North County but have had an eye on Temecula. Although now I consider my commute brutual…so Temecula to La Jolla could be beyond ugly. My plans to move out of north County have accelerated as there has definately been a decline in my neighborhood and surrounding areas since during the height of the boom when Jose could get a half-mil loan on the undocumented claim that his landscaping business pulls in 150K/year then proceeds to move an entire village into a 3 bedroom house….OK a little exaggerated..but you get the point.

[paramount]

SeekerX: If you consider your current commute brutal, then Temecula is a bad choice as you suggest.

The trip from Temecula to Escondido is easy, it’s south of Escondido where the problems start.

Going home in the evening is the easy part.

My neighborhood has declined as well. When the prices went up, people in my hood generally moved to bigger houses and rented their previous house out.

As that trend accelerated our street really declined – houses not taken care of, dorm houses, more crime, etc…

The bubble really took it’s toll.

[Bunny Meadows]

I hate to sound elitist…but with a surplus of homes in the $400Ks (and dipping downward), I cant help but wonder if Temecula will become an, AHEM, “affordable housing” magnet.

I think we all want to live in neighborhoods that are well-cared for, with people who care about their homes and dont turn them into six-family dwellings. This is what really scares me about this area….

[SeekerX]

Hi Bunny Meadows I am wondering the same thing, my current home is non-HOA which is all well and good until the multi-family/junk vehicle situation arrives. Can that type of situation be regulated by HOA rules, or are we at the mercy of government code enforcement (which means nothing will be done about it). Thanks

[Bunny Meadows]

I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

In theory, an HOA is supposed to enforce things like architectural integrity – or how the homes are cared for….which is supposed to guarantee that your neighbor does not paint her house purple, or let the fence fall to pieces, etc.

Personally, I would not buy into a community without a solid HOA. I would also look closely at the HOA’s financial situation. The place we just sold in Virginia had a horrible HOA – bickering neighbors who couldnt agree on a darn thing. In the meantime, the reserves were depleted, fences falling apart, etc. I thought our townhouse community was starting to look kind of ghetto by the time we moved.

But, the thing that really concerns me is all of the surplus of relatively inexpensive homes up here.

At the peak of the housing boom, people bought up here to find refuge from the inflated market in San Diego (or OC). Many were willing to commmute for the bigger McMansion.

However, times have changed. The vibe I’m getting is that people are sick of the commute. Especially with gas prices. It’s more crowded in the SD area than it was in even 2001, and the commute is a quality of life issue for some people.

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

[SeekerX]

>>I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

I was thinking more “number” rather than “type” of people, I thought there was a 2-per bedroom limit dictated by code. You hear the term “single-family” residence and indeed in most real estate search engines there are options to search for “Single Family” and/or “Multi-Family”, so I assume there is a difference that is recognized by code otherwise why have a distinction and is there any consequence to violation? If not, let’s just drop the distinction.

>>On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

Very true and I’m sure if I just wait it out, the ARM will reset and one morning I will wake up and the house in question will be deserted with a short sale sign in the yard. It just unfortunate we had to take this long road back to sanity.

[SeekerX]

>>I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

I was thinking more “number” rather than “type” of people, I thought there was a 2-per bedroom limit dictated by code. You hear the term “single-family” residence and indeed in most real estate search engines there are options to search for “Single Family” and/or “Multi-Family”, so I assume there is a difference that is recognized by code otherwise why have a distinction and is there any consequence to violation? If not, let’s just drop the distinction.

>>On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

Very true and I’m sure if I just wait it out, the ARM will reset and one morning I will wake up and the house in question will be deserted with a short sale sign in the yard. It just unfortunate we had to take this long road back to sanity.

[SeekerX]

>>I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

I was thinking more “number” rather than “type” of people, I thought there was a 2-per bedroom limit dictated by code. You hear the term “single-family” residence and indeed in most real estate search engines there are options to search for “Single Family” and/or “Multi-Family”, so I assume there is a difference that is recognized by code otherwise why have a distinction and is there any consequence to violation? If not, let’s just drop the distinction.

>>On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

Very true and I’m sure if I just wait it out, the ARM will reset and one morning I will wake up and the house in question will be deserted with a short sale sign in the yard. It just unfortunate we had to take this long road back to sanity.

[SeekerX]

>>I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

I was thinking more “number” rather than “type” of people, I thought there was a 2-per bedroom limit dictated by code. You hear the term “single-family” residence and indeed in most real estate search engines there are options to search for “Single Family” and/or “Multi-Family”, so I assume there is a difference that is recognized by code otherwise why have a distinction and is there any consequence to violation? If not, let’s just drop the distinction.

>>On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

Very true and I’m sure if I just wait it out, the ARM will reset and one morning I will wake up and the house in question will be deserted with a short sale sign in the yard. It just unfortunate we had to take this long road back to sanity.

[SeekerX]

>>I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

I was thinking more “number” rather than “type” of people, I thought there was a 2-per bedroom limit dictated by code. You hear the term “single-family” residence and indeed in most real estate search engines there are options to search for “Single Family” and/or “Multi-Family”, so I assume there is a difference that is recognized by code otherwise why have a distinction and is there any consequence to violation? If not, let’s just drop the distinction.

>>On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

Very true and I’m sure if I just wait it out, the ARM will reset and one morning I will wake up and the house in question will be deserted with a short sale sign in the yard. It just unfortunate we had to take this long road back to sanity.

[NotCranky]

It seems like Temecula really needs some good factories with all the cheap, oversized,unwanted housing. Pretty soon it will be feasible to import sweatshops to the area, as compared to outsourcing to India or Mexico. The McMansions could be divided up into fourplexes or better yet bunk houses. Or maybe we could turn the entire place into a government senior care center. Temecula, assisted living capital of the world.

[NotCranky]

It seems like Temecula really needs some good factories with all the cheap, oversized,unwanted housing. Pretty soon it will be feasible to import sweatshops to the area, as compared to outsourcing to India or Mexico. The McMansions could be divided up into fourplexes or better yet bunk houses. Or maybe we could turn the entire place into a government senior care center. Temecula, assisted living capital of the world.

[NotCranky]

It seems like Temecula really needs some good factories with all the cheap, oversized,unwanted housing. Pretty soon it will be feasible to import sweatshops to the area, as compared to outsourcing to India or Mexico. The McMansions could be divided up into fourplexes or better yet bunk houses. Or maybe we could turn the entire place into a government senior care center. Temecula, assisted living capital of the world.

[NotCranky]

It seems like Temecula really needs some good factories with all the cheap, oversized,unwanted housing. Pretty soon it will be feasible to import sweatshops to the area, as compared to outsourcing to India or Mexico. The McMansions could be divided up into fourplexes or better yet bunk houses. Or maybe we could turn the entire place into a government senior care center. Temecula, assisted living capital of the world.

[NotCranky]

It seems like Temecula really needs some good factories with all the cheap, oversized,unwanted housing. Pretty soon it will be feasible to import sweatshops to the area, as compared to outsourcing to India or Mexico. The McMansions could be divided up into fourplexes or better yet bunk houses. Or maybe we could turn the entire place into a government senior care center. Temecula, assisted living capital of the world.

[paramount]

I could write a book on HOA’s….the HOA in Paloma del Sol is very strong, but there is only so much an HOA can do. An HOA has legal limitations.

I will phrase the question this way: Will Temecula become an Escondido in the next 10-20 years?

If I had to guess, I would say no but probably similar, maybe more like Poway.

There will be “nice” sections and “not so nice” sections. It’s basically that way now.

[Bunny Meadows]

Hmmmm…your Escondido analogy is excellent.

I apologize if I offended anyone with my comments. I am not a racist, or an exclusionary sort of person. I just want to live in a place where people share my values when it comes to home ownership.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

[SeekerX]

>>I just want to live in a place where people share my values when it comes to home ownership.

Most people do and you shouldn’t have to apolgize for expressing your desire not to live by people who don’t share those values. That’s what attracts me to Piggington is that people tell it like it is around here instead of politically correct BS. 🙂

[SeekerX]

>>I just want to live in a place where people share my values when it comes to home ownership.

Most people do and you shouldn’t have to apolgize for expressing your desire not to live by people who don’t share those values. That’s what attracts me to Piggington is that people tell it like it is around here instead of politically correct BS. 🙂

[SeekerX]

>>I just want to live in a place where people share my values when it comes to home ownership.

Most people do and you shouldn’t have to apolgize for expressing your desire not to live by people who don’t share those values. That’s what attracts me to Piggington is that people tell it like it is around here instead of politically correct BS. 🙂

[SeekerX]

>>I just want to live in a place where people share my values when it comes to home ownership.

Most people do and you shouldn’t have to apolgize for expressing your desire not to live by people who don’t share those values. That’s what attracts me to Piggington is that people tell it like it is around here instead of politically correct BS. 🙂

[SeekerX]

>>I just want to live in a place where people share my values when it comes to home ownership.

Most people do and you shouldn’t have to apolgize for expressing your desire not to live by people who don’t share those values. That’s what attracts me to Piggington is that people tell it like it is around here instead of politically correct BS. 🙂

[Anonymous]

Submitted by Bunny Meadows on January 1, 2008 – 5:28pm.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

The home I have rented for over 2 years is in Rancho Bella Vista. The people next door are trash. No two ways about that. They keep trash outside of their trash cans on the side of their house fairly regularly (no wonder about the mice in my garage). I suppose I should have called the HOA on them when it first started. Oh, well. This street is mostly rentals. It definitely has that “transient” feel to it. I will be looking for ways to avoid that when I buy.

There is a mentally ill lady that walks down murrieta hot springs rd. regularly on her way to the supermarket. She smells (I’ve encountered her in the store once). It’s sad. I feel sorry for her. Driving down Wincherster Rd. on the corner of Margarita Rd. I see the occasional bag person every now and then-although that’s pretty close to Harveston. So, there are definitely parts that are better than others. To be honest, I’ll be looking for the better parts when I buy. I don’t want any more neighbors like I have now, but I do understand there are no guarantees.

[Bunny Meadows]

Hi Marion,

I’m not sure where Rancho Bella Vista is, but I live in the Redhawk area and there are renters on the corner who have basically trashed the house. There is REO next to them, and last week I walked down to look at the backyard (it has a pool and a bit of a view). There was trash ALL over the neighbors yard. I mean, like old food containers, diapers, all kinds of stuff that should not be blowing around one’s yard.

They are often hanging around their garage, listening to loud music, working on cars. It just looks tacky. Their xmas decorations blew over (a big plastic globe on the lawn) and, as of today, it still hasnt been cleaned up.

So, how do you find a community where the rules are, “No Trashy people allowed”. Just kidding. I think even in the more expensive communities, it’s always a crapshoot.

One neighborhood that I like A LOT is Meadowview. The lots are larger and it feels more established. I have serious concerns about some of the newer communities.

We’re going to continue to explore Temecula, but may consider Hidden Meadows (North Escondido) or Fallbrook, too.

Sigh.

B

P.S. I have a cat who is a CHAMPION barn cat/mouser. We dont have a mice problem, so I think he’s bored. If you need help with mouse control, let me know. He’d love to live in your garage for a day and take care of business!

[VoZangre]

Lend a Cat!

this is why Piggington’s is great….

a varied bunch o folks, hashing out ideas and gen’rally behaving nice….

Bunny Meadows is now challenging Temecula Guy as neighbor of the year!!!

😉

MYEOW!!!

i dig cats who hunt mice…

Voz

[Bunny Meadows]

I am totally serious about the cat offer.

My cat is bored off his arse. He had lots of wildlife to watch back in Virginia. There are no squirrels, chipmunks, and gophers here…so he kind of mopes around the house.

I’ve even thought about loaning him out to warehouses!

Any mouse-filled garage takers out there? We’ll send Riley right over! 🙂

[Anonymous]

Hey, Bunny. I am thinking about your offer. The thing is, I’m allergic to cats. If I am in a home with one of them, I start sneezing and can’t stop. BUT…if it was in my garage, I don’t see how that would be a problem since I can just air the garage out after he’s gone. I’m moving anyway, my new place isn’t ready yet, but when it’s time to unload boxes, I seriously don’t want to run into any nasty, scary mice.

My son already caught 2 of the nasty creatures by setting the standard “snap ’em in half” traps. There is one still loaded out there that hasn’t caught anything. I don’t know if they’re all gone or not, and I get the creeps everytime I go into the garage.

Because of my allergies, I couldn’t transport the Big Guy (your cat):) over in my car. I’d be sneezing forever just with him having been in such a closed space I use everyday. Would you and/or your hubby be willing to drop him off at my house? Also, what would I need to do to keep the Big Guy happy? 🙂 Would I need to place a bowl of warm milk out in the garage and have a litter box handy? I don’t know, as I’ve never kept cats. Would I need to keep the garage door open 24-7, so the Big Guy has access to outside? I can do that, even though the next door neighbors are thieves-long story-because I really don’t have anything that valuable out there that can’t be replaced.

Let me know.

Marion

[VoZangre]

being more of a wise-arse than not….

one might hav ethought i was ridiculing the offer. Au contraire, it smelled uncannily earnest and as such
i earnestly complimented…

may Riley soon have a snout full o mouse…

😉

Voz

[VoZangre]

being more of a wise-arse than not….

one might hav ethought i was ridiculing the offer. Au contraire, it smelled uncannily earnest and as such
i earnestly complimented…

may Riley soon have a snout full o mouse…

😉

Voz

[VoZangre]

being more of a wise-arse than not….

one might hav ethought i was ridiculing the offer. Au contraire, it smelled uncannily earnest and as such
i earnestly complimented…

may Riley soon have a snout full o mouse…

😉

Voz

[VoZangre]

being more of a wise-arse than not….

one might hav ethought i was ridiculing the offer. Au contraire, it smelled uncannily earnest and as such
i earnestly complimented…

may Riley soon have a snout full o mouse…

😉

Voz

[VoZangre]

being more of a wise-arse than not….

one might hav ethought i was ridiculing the offer. Au contraire, it smelled uncannily earnest and as such
i earnestly complimented…

may Riley soon have a snout full o mouse…

😉

Voz

[Anonymous]

Hey, Bunny. I am thinking about your offer. The thing is, I’m allergic to cats. If I am in a home with one of them, I start sneezing and can’t stop. BUT…if it was in my garage, I don’t see how that would be a problem since I can just air the garage out after he’s gone. I’m moving anyway, my new place isn’t ready yet, but when it’s time to unload boxes, I seriously don’t want to run into any nasty, scary mice.

My son already caught 2 of the nasty creatures by setting the standard “snap ’em in half” traps. There is one still loaded out there that hasn’t caught anything. I don’t know if they’re all gone or not, and I get the creeps everytime I go into the garage.

Because of my allergies, I couldn’t transport the Big Guy (your cat):) over in my car. I’d be sneezing forever just with him having been in such a closed space I use everyday. Would you and/or your hubby be willing to drop him off at my house? Also, what would I need to do to keep the Big Guy happy? 🙂 Would I need to place a bowl of warm milk out in the garage and have a litter box handy? I don’t know, as I’ve never kept cats. Would I need to keep the garage door open 24-7, so the Big Guy has access to outside? I can do that, even though the next door neighbors are thieves-long story-because I really don’t have anything that valuable out there that can’t be replaced.

Let me know.

Marion

[Anonymous]

Hey, Bunny. I am thinking about your offer. The thing is, I’m allergic to cats. If I am in a home with one of them, I start sneezing and can’t stop. BUT…if it was in my garage, I don’t see how that would be a problem since I can just air the garage out after he’s gone. I’m moving anyway, my new place isn’t ready yet, but when it’s time to unload boxes, I seriously don’t want to run into any nasty, scary mice.

My son already caught 2 of the nasty creatures by setting the standard “snap ’em in half” traps. There is one still loaded out there that hasn’t caught anything. I don’t know if they’re all gone or not, and I get the creeps everytime I go into the garage.

Because of my allergies, I couldn’t transport the Big Guy (your cat):) over in my car. I’d be sneezing forever just with him having been in such a closed space I use everyday. Would you and/or your hubby be willing to drop him off at my house? Also, what would I need to do to keep the Big Guy happy? 🙂 Would I need to place a bowl of warm milk out in the garage and have a litter box handy? I don’t know, as I’ve never kept cats. Would I need to keep the garage door open 24-7, so the Big Guy has access to outside? I can do that, even though the next door neighbors are thieves-long story-because I really don’t have anything that valuable out there that can’t be replaced.

Let me know.

Marion

[Anonymous]

Hey, Bunny. I am thinking about your offer. The thing is, I’m allergic to cats. If I am in a home with one of them, I start sneezing and can’t stop. BUT…if it was in my garage, I don’t see how that would be a problem since I can just air the garage out after he’s gone. I’m moving anyway, my new place isn’t ready yet, but when it’s time to unload boxes, I seriously don’t want to run into any nasty, scary mice.

My son already caught 2 of the nasty creatures by setting the standard “snap ’em in half” traps. There is one still loaded out there that hasn’t caught anything. I don’t know if they’re all gone or not, and I get the creeps everytime I go into the garage.

Because of my allergies, I couldn’t transport the Big Guy (your cat):) over in my car. I’d be sneezing forever just with him having been in such a closed space I use everyday. Would you and/or your hubby be willing to drop him off at my house? Also, what would I need to do to keep the Big Guy happy? 🙂 Would I need to place a bowl of warm milk out in the garage and have a litter box handy? I don’t know, as I’ve never kept cats. Would I need to keep the garage door open 24-7, so the Big Guy has access to outside? I can do that, even though the next door neighbors are thieves-long story-because I really don’t have anything that valuable out there that can’t be replaced.

Let me know.

Marion

[Anonymous]

Hey, Bunny. I am thinking about your offer. The thing is, I’m allergic to cats. If I am in a home with one of them, I start sneezing and can’t stop. BUT…if it was in my garage, I don’t see how that would be a problem since I can just air the garage out after he’s gone. I’m moving anyway, my new place isn’t ready yet, but when it’s time to unload boxes, I seriously don’t want to run into any nasty, scary mice.

My son already caught 2 of the nasty creatures by setting the standard “snap ’em in half” traps. There is one still loaded out there that hasn’t caught anything. I don’t know if they’re all gone or not, and I get the creeps everytime I go into the garage.

Because of my allergies, I couldn’t transport the Big Guy (your cat):) over in my car. I’d be sneezing forever just with him having been in such a closed space I use everyday. Would you and/or your hubby be willing to drop him off at my house? Also, what would I need to do to keep the Big Guy happy? 🙂 Would I need to place a bowl of warm milk out in the garage and have a litter box handy? I don’t know, as I’ve never kept cats. Would I need to keep the garage door open 24-7, so the Big Guy has access to outside? I can do that, even though the next door neighbors are thieves-long story-because I really don’t have anything that valuable out there that can’t be replaced.

Let me know.

Marion

[Bunny Meadows]

I am totally serious about the cat offer.

My cat is bored off his arse. He had lots of wildlife to watch back in Virginia. There are no squirrels, chipmunks, and gophers here…so he kind of mopes around the house.

I’ve even thought about loaning him out to warehouses!

Any mouse-filled garage takers out there? We’ll send Riley right over! 🙂

[Bunny Meadows]

I am totally serious about the cat offer.

My cat is bored off his arse. He had lots of wildlife to watch back in Virginia. There are no squirrels, chipmunks, and gophers here…so he kind of mopes around the house.

I’ve even thought about loaning him out to warehouses!

Any mouse-filled garage takers out there? We’ll send Riley right over! 🙂

[Bunny Meadows]

I am totally serious about the cat offer.

My cat is bored off his arse. He had lots of wildlife to watch back in Virginia. There are no squirrels, chipmunks, and gophers here…so he kind of mopes around the house.

I’ve even thought about loaning him out to warehouses!

Any mouse-filled garage takers out there? We’ll send Riley right over! 🙂

[Bunny Meadows]

I am totally serious about the cat offer.

My cat is bored off his arse. He had lots of wildlife to watch back in Virginia. There are no squirrels, chipmunks, and gophers here…so he kind of mopes around the house.

I’ve even thought about loaning him out to warehouses!

Any mouse-filled garage takers out there? We’ll send Riley right over! 🙂

[VoZangre]

Lend a Cat!

this is why Piggington’s is great….

a varied bunch o folks, hashing out ideas and gen’rally behaving nice….

Bunny Meadows is now challenging Temecula Guy as neighbor of the year!!!

😉

MYEOW!!!

i dig cats who hunt mice…

Voz

[VoZangre]

Lend a Cat!

this is why Piggington’s is great….

a varied bunch o folks, hashing out ideas and gen’rally behaving nice….

Bunny Meadows is now challenging Temecula Guy as neighbor of the year!!!

😉

MYEOW!!!

i dig cats who hunt mice…

Voz

[VoZangre]

Lend a Cat!

this is why Piggington’s is great….

a varied bunch o folks, hashing out ideas and gen’rally behaving nice….

Bunny Meadows is now challenging Temecula Guy as neighbor of the year!!!

😉

MYEOW!!!

i dig cats who hunt mice…

Voz

[VoZangre]

Lend a Cat!

this is why Piggington’s is great….

a varied bunch o folks, hashing out ideas and gen’rally behaving nice….

Bunny Meadows is now challenging Temecula Guy as neighbor of the year!!!

😉

MYEOW!!!

i dig cats who hunt mice…

Voz

[Bunny Meadows]

Hi Marion,

I’m not sure where Rancho Bella Vista is, but I live in the Redhawk area and there are renters on the corner who have basically trashed the house. There is REO next to them, and last week I walked down to look at the backyard (it has a pool and a bit of a view). There was trash ALL over the neighbors yard. I mean, like old food containers, diapers, all kinds of stuff that should not be blowing around one’s yard.

They are often hanging around their garage, listening to loud music, working on cars. It just looks tacky. Their xmas decorations blew over (a big plastic globe on the lawn) and, as of today, it still hasnt been cleaned up.

So, how do you find a community where the rules are, “No Trashy people allowed”. Just kidding. I think even in the more expensive communities, it’s always a crapshoot.

One neighborhood that I like A LOT is Meadowview. The lots are larger and it feels more established. I have serious concerns about some of the newer communities.

We’re going to continue to explore Temecula, but may consider Hidden Meadows (North Escondido) or Fallbrook, too.

Sigh.

B

P.S. I have a cat who is a CHAMPION barn cat/mouser. We dont have a mice problem, so I think he’s bored. If you need help with mouse control, let me know. He’d love to live in your garage for a day and take care of business!

[Bunny Meadows]

Hi Marion,

I’m not sure where Rancho Bella Vista is, but I live in the Redhawk area and there are renters on the corner who have basically trashed the house. There is REO next to them, and last week I walked down to look at the backyard (it has a pool and a bit of a view). There was trash ALL over the neighbors yard. I mean, like old food containers, diapers, all kinds of stuff that should not be blowing around one’s yard.

They are often hanging around their garage, listening to loud music, working on cars. It just looks tacky. Their xmas decorations blew over (a big plastic globe on the lawn) and, as of today, it still hasnt been cleaned up.

So, how do you find a community where the rules are, “No Trashy people allowed”. Just kidding. I think even in the more expensive communities, it’s always a crapshoot.

One neighborhood that I like A LOT is Meadowview. The lots are larger and it feels more established. I have serious concerns about some of the newer communities.

We’re going to continue to explore Temecula, but may consider Hidden Meadows (North Escondido) or Fallbrook, too.

Sigh.

B

P.S. I have a cat who is a CHAMPION barn cat/mouser. We dont have a mice problem, so I think he’s bored. If you need help with mouse control, let me know. He’d love to live in your garage for a day and take care of business!

[Bunny Meadows]

Hi Marion,

I’m not sure where Rancho Bella Vista is, but I live in the Redhawk area and there are renters on the corner who have basically trashed the house. There is REO next to them, and last week I walked down to look at the backyard (it has a pool and a bit of a view). There was trash ALL over the neighbors yard. I mean, like old food containers, diapers, all kinds of stuff that should not be blowing around one’s yard.

They are often hanging around their garage, listening to loud music, working on cars. It just looks tacky. Their xmas decorations blew over (a big plastic globe on the lawn) and, as of today, it still hasnt been cleaned up.

So, how do you find a community where the rules are, “No Trashy people allowed”. Just kidding. I think even in the more expensive communities, it’s always a crapshoot.

One neighborhood that I like A LOT is Meadowview. The lots are larger and it feels more established. I have serious concerns about some of the newer communities.

We’re going to continue to explore Temecula, but may consider Hidden Meadows (North Escondido) or Fallbrook, too.

Sigh.

B

P.S. I have a cat who is a CHAMPION barn cat/mouser. We dont have a mice problem, so I think he’s bored. If you need help with mouse control, let me know. He’d love to live in your garage for a day and take care of business!

[Bunny Meadows]

Hi Marion,

I’m not sure where Rancho Bella Vista is, but I live in the Redhawk area and there are renters on the corner who have basically trashed the house. There is REO next to them, and last week I walked down to look at the backyard (it has a pool and a bit of a view). There was trash ALL over the neighbors yard. I mean, like old food containers, diapers, all kinds of stuff that should not be blowing around one’s yard.

They are often hanging around their garage, listening to loud music, working on cars. It just looks tacky. Their xmas decorations blew over (a big plastic globe on the lawn) and, as of today, it still hasnt been cleaned up.

So, how do you find a community where the rules are, “No Trashy people allowed”. Just kidding. I think even in the more expensive communities, it’s always a crapshoot.

One neighborhood that I like A LOT is Meadowview. The lots are larger and it feels more established. I have serious concerns about some of the newer communities.

We’re going to continue to explore Temecula, but may consider Hidden Meadows (North Escondido) or Fallbrook, too.

Sigh.

B

P.S. I have a cat who is a CHAMPION barn cat/mouser. We dont have a mice problem, so I think he’s bored. If you need help with mouse control, let me know. He’d love to live in your garage for a day and take care of business!

[Anonymous]

Submitted by Bunny Meadows on January 1, 2008 – 5:28pm.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

The home I have rented for over 2 years is in Rancho Bella Vista. The people next door are trash. No two ways about that. They keep trash outside of their trash cans on the side of their house fairly regularly (no wonder about the mice in my garage). I suppose I should have called the HOA on them when it first started. Oh, well. This street is mostly rentals. It definitely has that “transient” feel to it. I will be looking for ways to avoid that when I buy.

There is a mentally ill lady that walks down murrieta hot springs rd. regularly on her way to the supermarket. She smells (I’ve encountered her in the store once). It’s sad. I feel sorry for her. Driving down Wincherster Rd. on the corner of Margarita Rd. I see the occasional bag person every now and then-although that’s pretty close to Harveston. So, there are definitely parts that are better than others. To be honest, I’ll be looking for the better parts when I buy. I don’t want any more neighbors like I have now, but I do understand there are no guarantees.

[Anonymous]

Submitted by Bunny Meadows on January 1, 2008 – 5:28pm.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

The home I have rented for over 2 years is in Rancho Bella Vista. The people next door are trash. No two ways about that. They keep trash outside of their trash cans on the side of their house fairly regularly (no wonder about the mice in my garage). I suppose I should have called the HOA on them when it first started. Oh, well. This street is mostly rentals. It definitely has that “transient” feel to it. I will be looking for ways to avoid that when I buy.

There is a mentally ill lady that walks down murrieta hot springs rd. regularly on her way to the supermarket. She smells (I’ve encountered her in the store once). It’s sad. I feel sorry for her. Driving down Wincherster Rd. on the corner of Margarita Rd. I see the occasional bag person every now and then-although that’s pretty close to Harveston. So, there are definitely parts that are better than others. To be honest, I’ll be looking for the better parts when I buy. I don’t want any more neighbors like I have now, but I do understand there are no guarantees.

[Anonymous]

Submitted by Bunny Meadows on January 1, 2008 – 5:28pm.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

The home I have rented for over 2 years is in Rancho Bella Vista. The people next door are trash. No two ways about that. They keep trash outside of their trash cans on the side of their house fairly regularly (no wonder about the mice in my garage). I suppose I should have called the HOA on them when it first started. Oh, well. This street is mostly rentals. It definitely has that “transient” feel to it. I will be looking for ways to avoid that when I buy.

There is a mentally ill lady that walks down murrieta hot springs rd. regularly on her way to the supermarket. She smells (I’ve encountered her in the store once). It’s sad. I feel sorry for her. Driving down Wincherster Rd. on the corner of Margarita Rd. I see the occasional bag person every now and then-although that’s pretty close to Harveston. So, there are definitely parts that are better than others. To be honest, I’ll be looking for the better parts when I buy. I don’t want any more neighbors like I have now, but I do understand there are no guarantees.

[Anonymous]

Submitted by Bunny Meadows on January 1, 2008 – 5:28pm.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

The home I have rented for over 2 years is in Rancho Bella Vista. The people next door are trash. No two ways about that. They keep trash outside of their trash cans on the side of their house fairly regularly (no wonder about the mice in my garage). I suppose I should have called the HOA on them when it first started. Oh, well. This street is mostly rentals. It definitely has that “transient” feel to it. I will be looking for ways to avoid that when I buy.

There is a mentally ill lady that walks down murrieta hot springs rd. regularly on her way to the supermarket. She smells (I’ve encountered her in the store once). It’s sad. I feel sorry for her. Driving down Wincherster Rd. on the corner of Margarita Rd. I see the occasional bag person every now and then-although that’s pretty close to Harveston. So, there are definitely parts that are better than others. To be honest, I’ll be looking for the better parts when I buy. I don’t want any more neighbors like I have now, but I do understand there are no guarantees.

[Bunny Meadows]

Hmmmm…your Escondido analogy is excellent.

I apologize if I offended anyone with my comments. I am not a racist, or an exclusionary sort of person. I just want to live in a place where people share my values when it comes to home ownership.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

[Bunny Meadows]

Hmmmm…your Escondido analogy is excellent.

I apologize if I offended anyone with my comments. I am not a racist, or an exclusionary sort of person. I just want to live in a place where people share my values when it comes to home ownership.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

[Bunny Meadows]

Hmmmm…your Escondido analogy is excellent.

I apologize if I offended anyone with my comments. I am not a racist, or an exclusionary sort of person. I just want to live in a place where people share my values when it comes to home ownership.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

[Bunny Meadows]

Hmmmm…your Escondido analogy is excellent.

I apologize if I offended anyone with my comments. I am not a racist, or an exclusionary sort of person. I just want to live in a place where people share my values when it comes to home ownership.

Truly, I feel like there is an unspoken fear among many around here: that one will buy into a community that LOOKS nice but may attract people who for a variety of reasons – cultural, educational background, inexperience, etc – don’t believe in/understand house maintenance or upkeep. Or that the percentage of rentals will increase on a given street, giving it that “transient” feel.

I suppose there are simply no guarantees, eh….

[paramount]

TG: Yes I do agree that being able to commute from 79 South is a much better option for the reasons you state.

Also, your right on target with the rentals as well. Most of Paloma was built in the early 90’s when the market was tight and it was much easier to sell smaller houses. And we may see that again in the next few years – smaller houses.

[NotCranky]

I wasn’t really calling you out Bunny Meadows. Just commenting on the very deep irony of some of the posts on this thread. Definitely no need to apologize. I am probably somewhere in the middle of the hypocrite/nimby scale myself. I think it is practically unavoidable.

It will be interesting to see how Temecula and surrounding areas manage in the future.

[NotCranky]

I wasn’t really calling you out Bunny Meadows. Just commenting on the very deep irony of some of the posts on this thread. Definitely no need to apologize. I am probably somewhere in the middle of the hypocrite/nimby scale myself. I think it is practically unavoidable.

It will be interesting to see how Temecula and surrounding areas manage in the future.

[NotCranky]

I wasn’t really calling you out Bunny Meadows. Just commenting on the very deep irony of some of the posts on this thread. Definitely no need to apologize. I am probably somewhere in the middle of the hypocrite/nimby scale myself. I think it is practically unavoidable.

It will be interesting to see how Temecula and surrounding areas manage in the future.

[NotCranky]

I wasn’t really calling you out Bunny Meadows. Just commenting on the very deep irony of some of the posts on this thread. Definitely no need to apologize. I am probably somewhere in the middle of the hypocrite/nimby scale myself. I think it is practically unavoidable.

It will be interesting to see how Temecula and surrounding areas manage in the future.

[NotCranky]

I wasn’t really calling you out Bunny Meadows. Just commenting on the very deep irony of some of the posts on this thread. Definitely no need to apologize. I am probably somewhere in the middle of the hypocrite/nimby scale myself. I think it is practically unavoidable.

It will be interesting to see how Temecula and surrounding areas manage in the future.

[paramount]

TG: Yes I do agree that being able to commute from 79 South is a much better option for the reasons you state.

Also, your right on target with the rentals as well. Most of Paloma was built in the early 90’s when the market was tight and it was much easier to sell smaller houses. And we may see that again in the next few years – smaller houses.

[paramount]

TG: Yes I do agree that being able to commute from 79 South is a much better option for the reasons you state.

Also, your right on target with the rentals as well. Most of Paloma was built in the early 90’s when the market was tight and it was much easier to sell smaller houses. And we may see that again in the next few years – smaller houses.

[paramount]

TG: Yes I do agree that being able to commute from 79 South is a much better option for the reasons you state.

Also, your right on target with the rentals as well. Most of Paloma was built in the early 90’s when the market was tight and it was much easier to sell smaller houses. And we may see that again in the next few years – smaller houses.

[paramount]

TG: Yes I do agree that being able to commute from 79 South is a much better option for the reasons you state.

Also, your right on target with the rentals as well. Most of Paloma was built in the early 90’s when the market was tight and it was much easier to sell smaller houses. And we may see that again in the next few years – smaller houses.

[paramount]

I could write a book on HOA’s….the HOA in Paloma del Sol is very strong, but there is only so much an HOA can do. An HOA has legal limitations.

I will phrase the question this way: Will Temecula become an Escondido in the next 10-20 years?

If I had to guess, I would say no but probably similar, maybe more like Poway.

There will be “nice” sections and “not so nice” sections. It’s basically that way now.

[paramount]

I could write a book on HOA’s….the HOA in Paloma del Sol is very strong, but there is only so much an HOA can do. An HOA has legal limitations.

I will phrase the question this way: Will Temecula become an Escondido in the next 10-20 years?

If I had to guess, I would say no but probably similar, maybe more like Poway.

There will be “nice” sections and “not so nice” sections. It’s basically that way now.

[paramount]

I could write a book on HOA’s….the HOA in Paloma del Sol is very strong, but there is only so much an HOA can do. An HOA has legal limitations.

I will phrase the question this way: Will Temecula become an Escondido in the next 10-20 years?

If I had to guess, I would say no but probably similar, maybe more like Poway.

There will be “nice” sections and “not so nice” sections. It’s basically that way now.

[paramount]

I could write a book on HOA’s….the HOA in Paloma del Sol is very strong, but there is only so much an HOA can do. An HOA has legal limitations.

I will phrase the question this way: Will Temecula become an Escondido in the next 10-20 years?

If I had to guess, I would say no but probably similar, maybe more like Poway.

There will be “nice” sections and “not so nice” sections. It’s basically that way now.

[Bunny Meadows]

I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

In theory, an HOA is supposed to enforce things like architectural integrity – or how the homes are cared for….which is supposed to guarantee that your neighbor does not paint her house purple, or let the fence fall to pieces, etc.

Personally, I would not buy into a community without a solid HOA. I would also look closely at the HOA’s financial situation. The place we just sold in Virginia had a horrible HOA – bickering neighbors who couldnt agree on a darn thing. In the meantime, the reserves were depleted, fences falling apart, etc. I thought our townhouse community was starting to look kind of ghetto by the time we moved.

But, the thing that really concerns me is all of the surplus of relatively inexpensive homes up here.

At the peak of the housing boom, people bought up here to find refuge from the inflated market in San Diego (or OC). Many were willing to commmute for the bigger McMansion.

However, times have changed. The vibe I’m getting is that people are sick of the commute. Especially with gas prices. It’s more crowded in the SD area than it was in even 2001, and the commute is a quality of life issue for some people.

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

[Bunny Meadows]

I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

In theory, an HOA is supposed to enforce things like architectural integrity – or how the homes are cared for….which is supposed to guarantee that your neighbor does not paint her house purple, or let the fence fall to pieces, etc.

Personally, I would not buy into a community without a solid HOA. I would also look closely at the HOA’s financial situation. The place we just sold in Virginia had a horrible HOA – bickering neighbors who couldnt agree on a darn thing. In the meantime, the reserves were depleted, fences falling apart, etc. I thought our townhouse community was starting to look kind of ghetto by the time we moved.

But, the thing that really concerns me is all of the surplus of relatively inexpensive homes up here.

At the peak of the housing boom, people bought up here to find refuge from the inflated market in San Diego (or OC). Many were willing to commmute for the bigger McMansion.

However, times have changed. The vibe I’m getting is that people are sick of the commute. Especially with gas prices. It’s more crowded in the SD area than it was in even 2001, and the commute is a quality of life issue for some people.

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

[Bunny Meadows]

I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

In theory, an HOA is supposed to enforce things like architectural integrity – or how the homes are cared for….which is supposed to guarantee that your neighbor does not paint her house purple, or let the fence fall to pieces, etc.

Personally, I would not buy into a community without a solid HOA. I would also look closely at the HOA’s financial situation. The place we just sold in Virginia had a horrible HOA – bickering neighbors who couldnt agree on a darn thing. In the meantime, the reserves were depleted, fences falling apart, etc. I thought our townhouse community was starting to look kind of ghetto by the time we moved.

But, the thing that really concerns me is all of the surplus of relatively inexpensive homes up here.

At the peak of the housing boom, people bought up here to find refuge from the inflated market in San Diego (or OC). Many were willing to commmute for the bigger McMansion.

However, times have changed. The vibe I’m getting is that people are sick of the commute. Especially with gas prices. It’s more crowded in the SD area than it was in even 2001, and the commute is a quality of life issue for some people.

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

[Bunny Meadows]

I dont think (and the operative word here is “think” since I dont know) that there is any government code that will enforce what type of people move into a neighborhood. I think if someone can get a mortgage and make the payments, that’s their right.

In theory, an HOA is supposed to enforce things like architectural integrity – or how the homes are cared for….which is supposed to guarantee that your neighbor does not paint her house purple, or let the fence fall to pieces, etc.

Personally, I would not buy into a community without a solid HOA. I would also look closely at the HOA’s financial situation. The place we just sold in Virginia had a horrible HOA – bickering neighbors who couldnt agree on a darn thing. In the meantime, the reserves were depleted, fences falling apart, etc. I thought our townhouse community was starting to look kind of ghetto by the time we moved.

But, the thing that really concerns me is all of the surplus of relatively inexpensive homes up here.

At the peak of the housing boom, people bought up here to find refuge from the inflated market in San Diego (or OC). Many were willing to commmute for the bigger McMansion.

However, times have changed. The vibe I’m getting is that people are sick of the commute. Especially with gas prices. It’s more crowded in the SD area than it was in even 2001, and the commute is a quality of life issue for some people.

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

On the other hand, with credit standards tightening, people who shouldnt really be homeowners probably wont be able to…

[SeekerX]

Hi Bunny Meadows I am wondering the same thing, my current home is non-HOA which is all well and good until the multi-family/junk vehicle situation arrives. Can that type of situation be regulated by HOA rules, or are we at the mercy of government code enforcement (which means nothing will be done about it). Thanks

[SeekerX]

Hi Bunny Meadows I am wondering the same thing, my current home is non-HOA which is all well and good until the multi-family/junk vehicle situation arrives. Can that type of situation be regulated by HOA rules, or are we at the mercy of government code enforcement (which means nothing will be done about it). Thanks

[SeekerX]

Hi Bunny Meadows I am wondering the same thing, my current home is non-HOA which is all well and good until the multi-family/junk vehicle situation arrives. Can that type of situation be regulated by HOA rules, or are we at the mercy of government code enforcement (which means nothing will be done about it). Thanks

[SeekerX]

Hi Bunny Meadows I am wondering the same thing, my current home is non-HOA which is all well and good until the multi-family/junk vehicle situation arrives. Can that type of situation be regulated by HOA rules, or are we at the mercy of government code enforcement (which means nothing will be done about it). Thanks

[temeculaguy]

Bunny, a couple of things, first, the Hemmingway project is blowing smoke if they say they are sold out of two plans. They are sold out of two plans of “standing inventory” they are only 10% sold out of what they have in graded lots. They, like other builders stopped building a few months ago, now they finish a phase, move people in, sell off the standing inventory and then they pour foundations for the next phase. This is to create a false sense of scarcity and a defensive mechanism to not get stuck with so many unsold, completed homes. I like their location but they suck as a builder. As you approach the models on Deer hollow, turn right instead of left and drive through that neighborhood that centex built three years ago, the outside of the houses are already falling apart. Here’s an example of a three year old centex adjacent tract to hemmingway, in person the paint is peeing and is faded, that shouldn’t happen in three years. Hemingway uses the same shingle facades and colors, hopefully they switched paint companies.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1359725

If you want to avoid neighborhoods that become rentals, stay with the larger tracts with low bedroom counts. For the most part the reason Paloma is half rentals is a combination of primarily small homes 1,200-1,700 sq ft with some exceptions and over ten years old. With or without the bubble, that is a recepie for future rentals. In Paloma’s few large tracts 2-3k sq ft, I bet the rental percentage is much smaller because small homes pencil out as better rentals. For it’s price range and size it still is a nice place.

Marion there isn’t a huge difference between North and South other than access to San Diego. For the commuter, paramount will probably back me up on this, if you travel South for work, lower 79 is the only option, traffic jams up going North as you pass 79 S., and it’s brutal from there on up, S. 79 can exit at Rainbow and avoid the checkpoint if needed. Until recently there were no apartments South of the 79 so the schools benefit a little (this is more elitism but realistic) because there are 5 elementary schools, two middle schools and a high school South of 79 without a single apartment within it’s boundary. As you move North it gets a little more mixed, however they just reverted half of the condo’s on 79 at temecula creek because they couldn’t sell them as condos so this equalizes things a little. The weather is a little better and with the indian land and national forrest land to the South, there can be no more building other than what is already under construction, expansion is to the east and to the north. Some people like to know that this is a big as something will get when putting down roots.

Bunny, the better non chain Restraunts are starting to pop up in the wine country, South Coast, Ponte and the new one at Leonesse are excellent choices, La Cocina on 79 is great for sit down mexican and killarneys for a beer, it’s all there, you just have to look for it.

To the poster asking about the La jolla commute, don’t do it. Commuting to the North County is acceptable, I’ve done it for 20 years but trying to get to S.D. is just as paramount said, it’s hell going south on the 15 right at the 78, trying to get over to the coast adds numerous possibilites for traffic snarls. Gas prices are not going down anytime soon or ever. Sometimes the 7-10 miles from Esco to Poway takes longer than the ride from Temec to Esco.

[temeculaguy]

Bunny, a couple of things, first, the Hemmingway project is blowing smoke if they say they are sold out of two plans. They are sold out of two plans of “standing inventory” they are only 10% sold out of what they have in graded lots. They, like other builders stopped building a few months ago, now they finish a phase, move people in, sell off the standing inventory and then they pour foundations for the next phase. This is to create a false sense of scarcity and a defensive mechanism to not get stuck with so many unsold, completed homes. I like their location but they suck as a builder. As you approach the models on Deer hollow, turn right instead of left and drive through that neighborhood that centex built three years ago, the outside of the houses are already falling apart. Here’s an example of a three year old centex adjacent tract to hemmingway, in person the paint is peeing and is faded, that shouldn’t happen in three years. Hemingway uses the same shingle facades and colors, hopefully they switched paint companies.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1359725

If you want to avoid neighborhoods that become rentals, stay with the larger tracts with low bedroom counts. For the most part the reason Paloma is half rentals is a combination of primarily small homes 1,200-1,700 sq ft with some exceptions and over ten years old. With or without the bubble, that is a recepie for future rentals. In Paloma’s few large tracts 2-3k sq ft, I bet the rental percentage is much smaller because small homes pencil out as better rentals. For it’s price range and size it still is a nice place.

Marion there isn’t a huge difference between North and South other than access to San Diego. For the commuter, paramount will probably back me up on this, if you travel South for work, lower 79 is the only option, traffic jams up going North as you pass 79 S., and it’s brutal from there on up, S. 79 can exit at Rainbow and avoid the checkpoint if needed. Until recently there were no apartments South of the 79 so the schools benefit a little (this is more elitism but realistic) because there are 5 elementary schools, two middle schools and a high school South of 79 without a single apartment within it’s boundary. As you move North it gets a little more mixed, however they just reverted half of the condo’s on 79 at temecula creek because they couldn’t sell them as condos so this equalizes things a little. The weather is a little better and with the indian land and national forrest land to the South, there can be no more building other than what is already under construction, expansion is to the east and to the north. Some people like to know that this is a big as something will get when putting down roots.

Bunny, the better non chain Restraunts are starting to pop up in the wine country, South Coast, Ponte and the new one at Leonesse are excellent choices, La Cocina on 79 is great for sit down mexican and killarneys for a beer, it’s all there, you just have to look for it.

To the poster asking about the La jolla commute, don’t do it. Commuting to the North County is acceptable, I’ve done it for 20 years but trying to get to S.D. is just as paramount said, it’s hell going south on the 15 right at the 78, trying to get over to the coast adds numerous possibilites for traffic snarls. Gas prices are not going down anytime soon or ever. Sometimes the 7-10 miles from Esco to Poway takes longer than the ride from Temec to Esco.

[temeculaguy]

Bunny, a couple of things, first, the Hemmingway project is blowing smoke if they say they are sold out of two plans. They are sold out of two plans of “standing inventory” they are only 10% sold out of what they have in graded lots. They, like other builders stopped building a few months ago, now they finish a phase, move people in, sell off the standing inventory and then they pour foundations for the next phase. This is to create a false sense of scarcity and a defensive mechanism to not get stuck with so many unsold, completed homes. I like their location but they suck as a builder. As you approach the models on Deer hollow, turn right instead of left and drive through that neighborhood that centex built three years ago, the outside of the houses are already falling apart. Here’s an example of a three year old centex adjacent tract to hemmingway, in person the paint is peeing and is faded, that shouldn’t happen in three years. Hemingway uses the same shingle facades and colors, hopefully they switched paint companies.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1359725

If you want to avoid neighborhoods that become rentals, stay with the larger tracts with low bedroom counts. For the most part the reason Paloma is half rentals is a combination of primarily small homes 1,200-1,700 sq ft with some exceptions and over ten years old. With or without the bubble, that is a recepie for future rentals. In Paloma’s few large tracts 2-3k sq ft, I bet the rental percentage is much smaller because small homes pencil out as better rentals. For it’s price range and size it still is a nice place.

Marion there isn’t a huge difference between North and South other than access to San Diego. For the commuter, paramount will probably back me up on this, if you travel South for work, lower 79 is the only option, traffic jams up going North as you pass 79 S., and it’s brutal from there on up, S. 79 can exit at Rainbow and avoid the checkpoint if needed. Until recently there were no apartments South of the 79 so the schools benefit a little (this is more elitism but realistic) because there are 5 elementary schools, two middle schools and a high school South of 79 without a single apartment within it’s boundary. As you move North it gets a little more mixed, however they just reverted half of the condo’s on 79 at temecula creek because they couldn’t sell them as condos so this equalizes things a little. The weather is a little better and with the indian land and national forrest land to the South, there can be no more building other than what is already under construction, expansion is to the east and to the north. Some people like to know that this is a big as something will get when putting down roots.

Bunny, the better non chain Restraunts are starting to pop up in the wine country, South Coast, Ponte and the new one at Leonesse are excellent choices, La Cocina on 79 is great for sit down mexican and killarneys for a beer, it’s all there, you just have to look for it.

To the poster asking about the La jolla commute, don’t do it. Commuting to the North County is acceptable, I’ve done it for 20 years but trying to get to S.D. is just as paramount said, it’s hell going south on the 15 right at the 78, trying to get over to the coast adds numerous possibilites for traffic snarls. Gas prices are not going down anytime soon or ever. Sometimes the 7-10 miles from Esco to Poway takes longer than the ride from Temec to Esco.

[temeculaguy]

Bunny, a couple of things, first, the Hemmingway project is blowing smoke if they say they are sold out of two plans. They are sold out of two plans of “standing inventory” they are only 10% sold out of what they have in graded lots. They, like other builders stopped building a few months ago, now they finish a phase, move people in, sell off the standing inventory and then they pour foundations for the next phase. This is to create a false sense of scarcity and a defensive mechanism to not get stuck with so many unsold, completed homes. I like their location but they suck as a builder. As you approach the models on Deer hollow, turn right instead of left and drive through that neighborhood that centex built three years ago, the outside of the houses are already falling apart. Here’s an example of a three year old centex adjacent tract to hemmingway, in person the paint is peeing and is faded, that shouldn’t happen in three years. Hemingway uses the same shingle facades and colors, hopefully they switched paint companies.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1359725

If you want to avoid neighborhoods that become rentals, stay with the larger tracts with low bedroom counts. For the most part the reason Paloma is half rentals is a combination of primarily small homes 1,200-1,700 sq ft with some exceptions and over ten years old. With or without the bubble, that is a recepie for future rentals. In Paloma’s few large tracts 2-3k sq ft, I bet the rental percentage is much smaller because small homes pencil out as better rentals. For it’s price range and size it still is a nice place.

Marion there isn’t a huge difference between North and South other than access to San Diego. For the commuter, paramount will probably back me up on this, if you travel South for work, lower 79 is the only option, traffic jams up going North as you pass 79 S., and it’s brutal from there on up, S. 79 can exit at Rainbow and avoid the checkpoint if needed. Until recently there were no apartments South of the 79 so the schools benefit a little (this is more elitism but realistic) because there are 5 elementary schools, two middle schools and a high school South of 79 without a single apartment within it’s boundary. As you move North it gets a little more mixed, however they just reverted half of the condo’s on 79 at temecula creek because they couldn’t sell them as condos so this equalizes things a little. The weather is a little better and with the indian land and national forrest land to the South, there can be no more building other than what is already under construction, expansion is to the east and to the north. Some people like to know that this is a big as something will get when putting down roots.

Bunny, the better non chain Restraunts are starting to pop up in the wine country, South Coast, Ponte and the new one at Leonesse are excellent choices, La Cocina on 79 is great for sit down mexican and killarneys for a beer, it’s all there, you just have to look for it.

To the poster asking about the La jolla commute, don’t do it. Commuting to the North County is acceptable, I’ve done it for 20 years but trying to get to S.D. is just as paramount said, it’s hell going south on the 15 right at the 78, trying to get over to the coast adds numerous possibilites for traffic snarls. Gas prices are not going down anytime soon or ever. Sometimes the 7-10 miles from Esco to Poway takes longer than the ride from Temec to Esco.

[temeculaguy]

Bunny, a couple of things, first, the Hemmingway project is blowing smoke if they say they are sold out of two plans. They are sold out of two plans of “standing inventory” they are only 10% sold out of what they have in graded lots. They, like other builders stopped building a few months ago, now they finish a phase, move people in, sell off the standing inventory and then they pour foundations for the next phase. This is to create a false sense of scarcity and a defensive mechanism to not get stuck with so many unsold, completed homes. I like their location but they suck as a builder. As you approach the models on Deer hollow, turn right instead of left and drive through that neighborhood that centex built three years ago, the outside of the houses are already falling apart. Here’s an example of a three year old centex adjacent tract to hemmingway, in person the paint is peeing and is faded, that shouldn’t happen in three years. Hemingway uses the same shingle facades and colors, hopefully they switched paint companies.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1359725

If you want to avoid neighborhoods that become rentals, stay with the larger tracts with low bedroom counts. For the most part the reason Paloma is half rentals is a combination of primarily small homes 1,200-1,700 sq ft with some exceptions and over ten years old. With or without the bubble, that is a recepie for future rentals. In Paloma’s few large tracts 2-3k sq ft, I bet the rental percentage is much smaller because small homes pencil out as better rentals. For it’s price range and size it still is a nice place.

Marion there isn’t a huge difference between North and South other than access to San Diego. For the commuter, paramount will probably back me up on this, if you travel South for work, lower 79 is the only option, traffic jams up going North as you pass 79 S., and it’s brutal from there on up, S. 79 can exit at Rainbow and avoid the checkpoint if needed. Until recently there were no apartments South of the 79 so the schools benefit a little (this is more elitism but realistic) because there are 5 elementary schools, two middle schools and a high school South of 79 without a single apartment within it’s boundary. As you move North it gets a little more mixed, however they just reverted half of the condo’s on 79 at temecula creek because they couldn’t sell them as condos so this equalizes things a little. The weather is a little better and with the indian land and national forrest land to the South, there can be no more building other than what is already under construction, expansion is to the east and to the north. Some people like to know that this is a big as something will get when putting down roots.

Bunny, the better non chain Restraunts are starting to pop up in the wine country, South Coast, Ponte and the new one at Leonesse are excellent choices, La Cocina on 79 is great for sit down mexican and killarneys for a beer, it’s all there, you just have to look for it.

To the poster asking about the La jolla commute, don’t do it. Commuting to the North County is acceptable, I’ve done it for 20 years but trying to get to S.D. is just as paramount said, it’s hell going south on the 15 right at the 78, trying to get over to the coast adds numerous possibilites for traffic snarls. Gas prices are not going down anytime soon or ever. Sometimes the 7-10 miles from Esco to Poway takes longer than the ride from Temec to Esco.

[Bunny Meadows]

I hate to sound elitist…but with a surplus of homes in the $400Ks (and dipping downward), I cant help but wonder if Temecula will become an, AHEM, “affordable housing” magnet.

I think we all want to live in neighborhoods that are well-cared for, with people who care about their homes and dont turn them into six-family dwellings. This is what really scares me about this area….

[Bunny Meadows]

I hate to sound elitist…but with a surplus of homes in the $400Ks (and dipping downward), I cant help but wonder if Temecula will become an, AHEM, “affordable housing” magnet.

I think we all want to live in neighborhoods that are well-cared for, with people who care about their homes and dont turn them into six-family dwellings. This is what really scares me about this area….

[Bunny Meadows]

I hate to sound elitist…but with a surplus of homes in the $400Ks (and dipping downward), I cant help but wonder if Temecula will become an, AHEM, “affordable housing” magnet.

I think we all want to live in neighborhoods that are well-cared for, with people who care about their homes and dont turn them into six-family dwellings. This is what really scares me about this area….

[Bunny Meadows]

I hate to sound elitist…but with a surplus of homes in the $400Ks (and dipping downward), I cant help but wonder if Temecula will become an, AHEM, “affordable housing” magnet.

I think we all want to live in neighborhoods that are well-cared for, with people who care about their homes and dont turn them into six-family dwellings. This is what really scares me about this area….

[paramount]

SeekerX: If you consider your current commute brutal, then Temecula is a bad choice as you suggest.

The trip from Temecula to Escondido is easy, it’s south of Escondido where the problems start.

Going home in the evening is the easy part.

My neighborhood has declined as well. When the prices went up, people in my hood generally moved to bigger houses and rented their previous house out.

As that trend accelerated our street really declined – houses not taken care of, dorm houses, more crime, etc…

The bubble really took it’s toll.

[paramount]

SeekerX: If you consider your current commute brutal, then Temecula is a bad choice as you suggest.

The trip from Temecula to Escondido is easy, it’s south of Escondido where the problems start.

Going home in the evening is the easy part.

My neighborhood has declined as well. When the prices went up, people in my hood generally moved to bigger houses and rented their previous house out.

As that trend accelerated our street really declined – houses not taken care of, dorm houses, more crime, etc…

The bubble really took it’s toll.

[paramount]

SeekerX: If you consider your current commute brutal, then Temecula is a bad choice as you suggest.

The trip from Temecula to Escondido is easy, it’s south of Escondido where the problems start.

Going home in the evening is the easy part.

My neighborhood has declined as well. When the prices went up, people in my hood generally moved to bigger houses and rented their previous house out.

As that trend accelerated our street really declined – houses not taken care of, dorm houses, more crime, etc…

The bubble really took it’s toll.

[paramount]

SeekerX: If you consider your current commute brutal, then Temecula is a bad choice as you suggest.

The trip from Temecula to Escondido is easy, it’s south of Escondido where the problems start.

Going home in the evening is the easy part.

My neighborhood has declined as well. When the prices went up, people in my hood generally moved to bigger houses and rented their previous house out.

As that trend accelerated our street really declined – houses not taken care of, dorm houses, more crime, etc…

The bubble really took it’s toll.

[SeekerX]

Same question—I work near the 56 and live in North County but have had an eye on Temecula. Although now I consider my commute brutual…so Temecula to La Jolla could be beyond ugly. My plans to move out of north County have accelerated as there has definately been a decline in my neighborhood and surrounding areas since during the height of the boom when Jose could get a half-mil loan on the undocumented claim that his landscaping business pulls in 150K/year then proceeds to move an entire village into a 3 bedroom house….OK a little exaggerated..but you get the point.

[SeekerX]

Same question—I work near the 56 and live in North County but have had an eye on Temecula. Although now I consider my commute brutual…so Temecula to La Jolla could be beyond ugly. My plans to move out of north County have accelerated as there has definately been a decline in my neighborhood and surrounding areas since during the height of the boom when Jose could get a half-mil loan on the undocumented claim that his landscaping business pulls in 150K/year then proceeds to move an entire village into a 3 bedroom house….OK a little exaggerated..but you get the point.

[SeekerX]

Same question—I work near the 56 and live in North County but have had an eye on Temecula. Although now I consider my commute brutual…so Temecula to La Jolla could be beyond ugly. My plans to move out of north County have accelerated as there has definately been a decline in my neighborhood and surrounding areas since during the height of the boom when Jose could get a half-mil loan on the undocumented claim that his landscaping business pulls in 150K/year then proceeds to move an entire village into a 3 bedroom house….OK a little exaggerated..but you get the point.

[SeekerX]

Same question—I work near the 56 and live in North County but have had an eye on Temecula. Although now I consider my commute brutual…so Temecula to La Jolla could be beyond ugly. My plans to move out of north County have accelerated as there has definately been a decline in my neighborhood and surrounding areas since during the height of the boom when Jose could get a half-mil loan on the undocumented claim that his landscaping business pulls in 150K/year then proceeds to move an entire village into a 3 bedroom house….OK a little exaggerated..but you get the point.

[paramount]

In terms of commuting, it depends on where in San Diego you work. I work in North County which is a haul, but is reasonable (barely). I would not go beyond North County, the 56 would be my absolute limit.

OC, LA – forget about it….

[paramount]

In terms of commuting, it depends on where in San Diego you work. I work in North County which is a haul, but is reasonable (barely). I would not go beyond North County, the 56 would be my absolute limit.

OC, LA – forget about it….

[paramount]

In terms of commuting, it depends on where in San Diego you work. I work in North County which is a haul, but is reasonable (barely). I would not go beyond North County, the 56 would be my absolute limit.

OC, LA – forget about it….

[paramount]

In terms of commuting, it depends on where in San Diego you work. I work in North County which is a haul, but is reasonable (barely). I would not go beyond North County, the 56 would be my absolute limit.

OC, LA – forget about it….

[Bunny Meadows]

When you say “class based” do you mean that non-Temecula people think we’re all a bunch of red-neck rubes? One of the things that HAS surprised me about Temecula is that while it is a bit of a “Stucco Jungle” there IS, indeed, a lot of money up here. I’ve seen the “horsey set” tooling around town, and there seem to be a number of $1mil+ homes that are very elegant.

We are very fortunate. My husband found an excellent job with a small aerospace company up here (he’s a retired USAF pilot), and I work from home as a writer. His commute is 10 minutes and mine is 10 seconds.

If I worked in San Diego, I’d probably choose to live in Vista/Shadowridge or South Escondido. It looks like there are aggressively priced homes in those areas right now.

[Bunny Meadows]

When you say “class based” do you mean that non-Temecula people think we’re all a bunch of red-neck rubes? One of the things that HAS surprised me about Temecula is that while it is a bit of a “Stucco Jungle” there IS, indeed, a lot of money up here. I’ve seen the “horsey set” tooling around town, and there seem to be a number of $1mil+ homes that are very elegant.

We are very fortunate. My husband found an excellent job with a small aerospace company up here (he’s a retired USAF pilot), and I work from home as a writer. His commute is 10 minutes and mine is 10 seconds.

If I worked in San Diego, I’d probably choose to live in Vista/Shadowridge or South Escondido. It looks like there are aggressively priced homes in those areas right now.

[Bunny Meadows]

When you say “class based” do you mean that non-Temecula people think we’re all a bunch of red-neck rubes? One of the things that HAS surprised me about Temecula is that while it is a bit of a “Stucco Jungle” there IS, indeed, a lot of money up here. I’ve seen the “horsey set” tooling around town, and there seem to be a number of $1mil+ homes that are very elegant.

We are very fortunate. My husband found an excellent job with a small aerospace company up here (he’s a retired USAF pilot), and I work from home as a writer. His commute is 10 minutes and mine is 10 seconds.

If I worked in San Diego, I’d probably choose to live in Vista/Shadowridge or South Escondido. It looks like there are aggressively priced homes in those areas right now.

[Bunny Meadows]

When you say “class based” do you mean that non-Temecula people think we’re all a bunch of red-neck rubes? One of the things that HAS surprised me about Temecula is that while it is a bit of a “Stucco Jungle” there IS, indeed, a lot of money up here. I’ve seen the “horsey set” tooling around town, and there seem to be a number of $1mil+ homes that are very elegant.

We are very fortunate. My husband found an excellent job with a small aerospace company up here (he’s a retired USAF pilot), and I work from home as a writer. His commute is 10 minutes and mine is 10 seconds.

If I worked in San Diego, I’d probably choose to live in Vista/Shadowridge or South Escondido. It looks like there are aggressively priced homes in those areas right now.

[paramount]

As far as the highway through Morgan Hill, based on my knowledge I would say the realtor is partially correct. I do not think it is fully approved.

The plan is to have a by-pass (almost a beltway) from I-15 near the checkpoint around to 79 North/Winchester. There will also be an exit to Pechanga.

I think it may happen, but not in the next 5 years.

I don’t mind the bashing as long as it’s fair and balanced – much of it though seems class based which seems to be a theme that permeates the Piggy forums. But then maybe my objectivity isn’t what it should be given that I have lived in Temecula for the past 5 years.

Wolf Creek: I do like Wolf Creek, but it’s still new so only time will tell. I’m thinking there will be a ton of REO’s in Wolf Creek since it was built during the bubble, but as of yet that has not fully materialized.

[paramount]

As far as the highway through Morgan Hill, based on my knowledge I would say the realtor is partially correct. I do not think it is fully approved.

The plan is to have a by-pass (almost a beltway) from I-15 near the checkpoint around to 79 North/Winchester. There will also be an exit to Pechanga.

I think it may happen, but not in the next 5 years.

I don’t mind the bashing as long as it’s fair and balanced – much of it though seems class based which seems to be a theme that permeates the Piggy forums. But then maybe my objectivity isn’t what it should be given that I have lived in Temecula for the past 5 years.

Wolf Creek: I do like Wolf Creek, but it’s still new so only time will tell. I’m thinking there will be a ton of REO’s in Wolf Creek since it was built during the bubble, but as of yet that has not fully materialized.

[paramount]

As far as the highway through Morgan Hill, based on my knowledge I would say the realtor is partially correct. I do not think it is fully approved.

The plan is to have a by-pass (almost a beltway) from I-15 near the checkpoint around to 79 North/Winchester. There will also be an exit to Pechanga.

I think it may happen, but not in the next 5 years.

I don’t mind the bashing as long as it’s fair and balanced – much of it though seems class based which seems to be a theme that permeates the Piggy forums. But then maybe my objectivity isn’t what it should be given that I have lived in Temecula for the past 5 years.

Wolf Creek: I do like Wolf Creek, but it’s still new so only time will tell. I’m thinking there will be a ton of REO’s in Wolf Creek since it was built during the bubble, but as of yet that has not fully materialized.

[paramount]

As far as the highway through Morgan Hill, based on my knowledge I would say the realtor is partially correct. I do not think it is fully approved.

The plan is to have a by-pass (almost a beltway) from I-15 near the checkpoint around to 79 North/Winchester. There will also be an exit to Pechanga.

I think it may happen, but not in the next 5 years.

I don’t mind the bashing as long as it’s fair and balanced – much of it though seems class based which seems to be a theme that permeates the Piggy forums. But then maybe my objectivity isn’t what it should be given that I have lived in Temecula for the past 5 years.

Wolf Creek: I do like Wolf Creek, but it’s still new so only time will tell. I’m thinking there will be a ton of REO’s in Wolf Creek since it was built during the bubble, but as of yet that has not fully materialized.

[Bunny Meadows]

Hi Paramount,

Happy New Year!

Yes, it was Hemingway that we looked at. While there is some appeal to owning a new home, I still felt like the Centex homes looked cheap in some respects. The front doors were cheesy…and the lots are so small. According to the sales office, there are only two lots left in Hemingway – Plans 1 and 4. Plans 2 and 3 are sold out. They have another section to build out, and said that will happen in spring.

I liked the Lennar homes in Wolf Creek, but I’m not crazy about Wolf Creek itself. It’s only about 50% built, and I wonder what will happen given the slowdown. We were told that they plan to start up again in April. But, with SO MUCH inventory out there, is that even possible?

I’m beginning to think I’d rather pick up a resale home, with a bigger lot (I have seen listings here for even 1/2 acre lots), and just upgrade the place myself, to my specifications.

We met a totally crazy realtor who is trying to sell his place out on the fringes of wine country. It’s out on De Portola Rd, 2.45 acres, pool, but dated 1980s home (no upgrades whatsoever) for $789K. He told us that plans have already been approved to build a 6-lane highway through Morgan Hill. It would start just after the CHP station on I-15 and run right through the MH neighborhood. He seemed to think that the joke’s gonna be on all the people who’ve paid a lot of money to live there, and that they have no idea what’s coming. I’m not sure if this is true – and not sure how to find out if it is.

As far as Temecula bashers…I’m fine with that. People talk about “cookie cutter” homes, here. IMO, it is no different than most of Northern San Diego county. Just a bit further out. I was prepared to not like living here, but I have to admit it’s a nice place. It’s quiet, crime is low, people are very friendly…it has a “small town” feel.

So, bash away! Maybe it’ll keep the population down.

Cheers,
Tamara

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

Hi Paramount,

Happy New Year!

Yes, it was Hemingway that we looked at. While there is some appeal to owning a new home, I still felt like the Centex homes looked cheap in some respects. The front doors were cheesy…and the lots are so small. According to the sales office, there are only two lots left in Hemingway – Plans 1 and 4. Plans 2 and 3 are sold out. They have another section to build out, and said that will happen in spring.

I liked the Lennar homes in Wolf Creek, but I’m not crazy about Wolf Creek itself. It’s only about 50% built, and I wonder what will happen given the slowdown. We were told that they plan to start up again in April. But, with SO MUCH inventory out there, is that even possible?

I’m beginning to think I’d rather pick up a resale home, with a bigger lot (I have seen listings here for even 1/2 acre lots), and just upgrade the place myself, to my specifications.

We met a totally crazy realtor who is trying to sell his place out on the fringes of wine country. It’s out on De Portola Rd, 2.45 acres, pool, but dated 1980s home (no upgrades whatsoever) for $789K. He told us that plans have already been approved to build a 6-lane highway through Morgan Hill. It would start just after the CHP station on I-15 and run right through the MH neighborhood. He seemed to think that the joke’s gonna be on all the people who’ve paid a lot of money to live there, and that they have no idea what’s coming. I’m not sure if this is true – and not sure how to find out if it is.

As far as Temecula bashers…I’m fine with that. People talk about “cookie cutter” homes, here. IMO, it is no different than most of Northern San Diego county. Just a bit further out. I was prepared to not like living here, but I have to admit it’s a nice place. It’s quiet, crime is low, people are very friendly…it has a “small town” feel.

So, bash away! Maybe it’ll keep the population down.

Cheers,
Tamara

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

Hi Paramount,

Happy New Year!

Yes, it was Hemingway that we looked at. While there is some appeal to owning a new home, I still felt like the Centex homes looked cheap in some respects. The front doors were cheesy…and the lots are so small. According to the sales office, there are only two lots left in Hemingway – Plans 1 and 4. Plans 2 and 3 are sold out. They have another section to build out, and said that will happen in spring.

I liked the Lennar homes in Wolf Creek, but I’m not crazy about Wolf Creek itself. It’s only about 50% built, and I wonder what will happen given the slowdown. We were told that they plan to start up again in April. But, with SO MUCH inventory out there, is that even possible?

I’m beginning to think I’d rather pick up a resale home, with a bigger lot (I have seen listings here for even 1/2 acre lots), and just upgrade the place myself, to my specifications.

We met a totally crazy realtor who is trying to sell his place out on the fringes of wine country. It’s out on De Portola Rd, 2.45 acres, pool, but dated 1980s home (no upgrades whatsoever) for $789K. He told us that plans have already been approved to build a 6-lane highway through Morgan Hill. It would start just after the CHP station on I-15 and run right through the MH neighborhood. He seemed to think that the joke’s gonna be on all the people who’ve paid a lot of money to live there, and that they have no idea what’s coming. I’m not sure if this is true – and not sure how to find out if it is.

As far as Temecula bashers…I’m fine with that. People talk about “cookie cutter” homes, here. IMO, it is no different than most of Northern San Diego county. Just a bit further out. I was prepared to not like living here, but I have to admit it’s a nice place. It’s quiet, crime is low, people are very friendly…it has a “small town” feel.

So, bash away! Maybe it’ll keep the population down.

Cheers,
Tamara

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

Hi Paramount,

Happy New Year!

Yes, it was Hemingway that we looked at. While there is some appeal to owning a new home, I still felt like the Centex homes looked cheap in some respects. The front doors were cheesy…and the lots are so small. According to the sales office, there are only two lots left in Hemingway – Plans 1 and 4. Plans 2 and 3 are sold out. They have another section to build out, and said that will happen in spring.

I liked the Lennar homes in Wolf Creek, but I’m not crazy about Wolf Creek itself. It’s only about 50% built, and I wonder what will happen given the slowdown. We were told that they plan to start up again in April. But, with SO MUCH inventory out there, is that even possible?

I’m beginning to think I’d rather pick up a resale home, with a bigger lot (I have seen listings here for even 1/2 acre lots), and just upgrade the place myself, to my specifications.

We met a totally crazy realtor who is trying to sell his place out on the fringes of wine country. It’s out on De Portola Rd, 2.45 acres, pool, but dated 1980s home (no upgrades whatsoever) for $789K. He told us that plans have already been approved to build a 6-lane highway through Morgan Hill. It would start just after the CHP station on I-15 and run right through the MH neighborhood. He seemed to think that the joke’s gonna be on all the people who’ve paid a lot of money to live there, and that they have no idea what’s coming. I’m not sure if this is true – and not sure how to find out if it is.

As far as Temecula bashers…I’m fine with that. People talk about “cookie cutter” homes, here. IMO, it is no different than most of Northern San Diego county. Just a bit further out. I was prepared to not like living here, but I have to admit it’s a nice place. It’s quiet, crime is low, people are very friendly…it has a “small town” feel.

So, bash away! Maybe it’ll keep the population down.

Cheers,
Tamara

Bunny Meadows
Temecula, CA 92592

[paramount]

In looking at Centex I assume you are referring to Hemingway?

I have been looking in Hemingway since the summer, and yes the prices have come down, but not that much overall.

Centex, unlike Standard Pacific has not really lowered their prices that much (or offered many incentives), but I have not checked back recently. I have tried to negotiate with Centex with basically no luck at all.

My take on Temecula as a 5 year resident and student of the housing market in Temecula: Depends on the community, the price drops in Crowne Hill have surprised me, but then Crowne Hill does not have any amenities to speak of (pools,etc…).

Morgan Hill could go sub 400k (for the non view smaller homes) in the near future if it isn’t already.

Parts of Redhawk are nice, but was only recently incorporated into the city – meaning the building codes were not as strict as in the city proper – at least based on my observations.

Temecula is supported to a considerable extent by Camp Pendleton (lots of Marines live in Temecula), so will be somewhat insulated from a recession.

My 2008 prediction for Temecula: Perhaps another 10% for the resale market by this time next year (I am basing that on my house – a typical Temecula house). New houses may be a different story, maybe less than 10%.

Be Warned: Many on this board like to trash Temecula, and often put Temecula/Murrieta in the same basket. I know Temecula AND San Diego well and maintain my objectivity at all times.

[paramount]

In looking at Centex I assume you are referring to Hemingway?

I have been looking in Hemingway since the summer, and yes the prices have come down, but not that much overall.

Centex, unlike Standard Pacific has not really lowered their prices that much (or offered many incentives), but I have not checked back recently. I have tried to negotiate with Centex with basically no luck at all.

My take on Temecula as a 5 year resident and student of the housing market in Temecula: Depends on the community, the price drops in Crowne Hill have surprised me, but then Crowne Hill does not have any amenities to speak of (pools,etc…).

Morgan Hill could go sub 400k (for the non view smaller homes) in the near future if it isn’t already.

Parts of Redhawk are nice, but was only recently incorporated into the city – meaning the building codes were not as strict as in the city proper – at least based on my observations.

Temecula is supported to a considerable extent by Camp Pendleton (lots of Marines live in Temecula), so will be somewhat insulated from a recession.

My 2008 prediction for Temecula: Perhaps another 10% for the resale market by this time next year (I am basing that on my house – a typical Temecula house). New houses may be a different story, maybe less than 10%.

Be Warned: Many on this board like to trash Temecula, and often put Temecula/Murrieta in the same basket. I know Temecula AND San Diego well and maintain my objectivity at all times.

[paramount]

In looking at Centex I assume you are referring to Hemingway?

I have been looking in Hemingway since the summer, and yes the prices have come down, but not that much overall.

Centex, unlike Standard Pacific has not really lowered their prices that much (or offered many incentives), but I have not checked back recently. I have tried to negotiate with Centex with basically no luck at all.

My take on Temecula as a 5 year resident and student of the housing market in Temecula: Depends on the community, the price drops in Crowne Hill have surprised me, but then Crowne Hill does not have any amenities to speak of (pools,etc…).

Morgan Hill could go sub 400k (for the non view smaller homes) in the near future if it isn’t already.

Parts of Redhawk are nice, but was only recently incorporated into the city – meaning the building codes were not as strict as in the city proper – at least based on my observations.

Temecula is supported to a considerable extent by Camp Pendleton (lots of Marines live in Temecula), so will be somewhat insulated from a recession.

My 2008 prediction for Temecula: Perhaps another 10% for the resale market by this time next year (I am basing that on my house – a typical Temecula house). New houses may be a different story, maybe less than 10%.

Be Warned: Many on this board like to trash Temecula, and often put Temecula/Murrieta in the same basket. I know Temecula AND San Diego well and maintain my objectivity at all times.

[paramount]

In looking at Centex I assume you are referring to Hemingway?

I have been looking in Hemingway since the summer, and yes the prices have come down, but not that much overall.

Centex, unlike Standard Pacific has not really lowered their prices that much (or offered many incentives), but I have not checked back recently. I have tried to negotiate with Centex with basically no luck at all.

My take on Temecula as a 5 year resident and student of the housing market in Temecula: Depends on the community, the price drops in Crowne Hill have surprised me, but then Crowne Hill does not have any amenities to speak of (pools,etc…).

Morgan Hill could go sub 400k (for the non view smaller homes) in the near future if it isn’t already.

Parts of Redhawk are nice, but was only recently incorporated into the city – meaning the building codes were not as strict as in the city proper – at least based on my observations.

Temecula is supported to a considerable extent by Camp Pendleton (lots of Marines live in Temecula), so will be somewhat insulated from a recession.

My 2008 prediction for Temecula: Perhaps another 10% for the resale market by this time next year (I am basing that on my house – a typical Temecula house). New houses may be a different story, maybe less than 10%.

Be Warned: Many on this board like to trash Temecula, and often put Temecula/Murrieta in the same basket. I know Temecula AND San Diego well and maintain my objectivity at all times.

[VoZangre]

predictions…

well, i can say that you’ll be getting predictions of further decline … the depths that will be plumbed will vary…

from ~ 25% from peak, to ~40%…

see http://piggington.com/if_you_think_the_mother_of_all_recessions_isnt_coming

ciao…

Voz

Voz

[VoZangre]

predictions…

well, i can say that you’ll be getting predictions of further decline … the depths that will be plumbed will vary…

from ~ 25% from peak, to ~40%…

see http://piggington.com/if_you_think_the_mother_of_all_recessions_isnt_coming

ciao…

Voz

Voz

[VoZangre]

predictions…

well, i can say that you’ll be getting predictions of further decline … the depths that will be plumbed will vary…

from ~ 25% from peak, to ~40%…

see http://piggington.com/if_you_think_the_mother_of_all_recessions_isnt_coming

ciao…

Voz

Voz

[VoZangre]

predictions…

well, i can say that you’ll be getting predictions of further decline … the depths that will be plumbed will vary…

from ~ 25% from peak, to ~40%…

see http://piggington.com/if_you_think_the_mother_of_all_recessions_isnt_coming

ciao…

Voz

Voz

[pizzaman]

Bunny

I would agree with both TG and Paramount that another 10-20% drop is likely in 2008. The rate of decline is accelerating at this point. What I would like to add is a warning not to be too excited when you see large price drops. Two or three hundred thousand dollar drops are becoming common place and don’t necessarily mean you would be getting the best deal. Heres a listing for a house that’s listed at 325,000 which is 345,000 off its purchase price in of 670,000 in 2006.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1354595

About the house in Crowne Hill, I had to chuckle when you mentioned that the owner had some “wiggle room”. When the house is a short sale the bank would be making the decisions, chances are the owner doesn’t even have the banks OK for the 479,000.

One last thought, recently I’ve been seeing owners bouncing prices up and down to try and create the perception of value. Its important to review the listing history. If you don’t have access to the MLS you can still see it by getting a Zip Realty account. Here an example. There is a home in Temecula (37909 Pratt Rd) that recently was reduced from 1,199,500 to 788,900. Wow, a 400k drop must be a good deal right? Not so fast, heres the whole story

On Market: 262 days
Price Reduced: 05/01/07 — $989,000 to $969,000
Price Reduced: 05/04/07 — $969,000 to $949,000
Price Increased: 05/05/07 — $949,000 to $959,000
Price Reduced: 05/07/07 — $959,000 to $949,000
Price Reduced: 05/20/07 — $949,000 to $939,000
Price Reduced: 05/22/07 — $939,000 to $929,000
Price Reduced: 06/03/07 — $929,000 to $928,500
Price Reduced: 06/05/07 — $928,500 to $919,000
Price Reduced: 06/07/07 — $919,000 to $899,000
Price Increased: 06/09/07 — $899,000 to $919,000
Price Reduced: 06/12/07 — $919,000 to $909,000
Price Reduced: 06/14/07 — $909,000 to $899,000
Price Reduced: 06/19/07 — $899,000 to $898,900
Price Reduced: 06/21/07 — $898,900 to $885,000
Price Reduced: 06/24/07 — $885,000 to $884,900
Price Reduced: 06/25/07 — $884,900 to $878,900
Price Reduced: 06/28/07 — $878,900 to $868,900
Price Increased: 07/07/07 — $868,900 to $878,900
Price Reduced: 07/10/07 — $878,900 to $877,900
Price Reduced: 07/11/07 — $877,900 to $864,900
Price Reduced: 07/12/07 — $864,900 to $858,900
Price Reduced: 07/23/07 — $858,900 to $848,900
Price Reduced: 08/01/07 — $848,900 to $844,900
Price Increased: 08/02/07 — $844,900 to $854,900
Price Reduced: 08/07/07 — $854,900 to $839,000
Price Reduced: 08/09/07 — $839,000 to $838,900
Price Reduced: 08/13/07 — $838,900 to $828,900
Price Increased: 08/14/07 — $828,900 to $832,900
Price Reduced: 08/16/07 — $832,900 to $829,000
Price Reduced: 08/16/07 — $829,000 to $824,900
Price Reduced: 08/21/07 — $824,900 to $819,900
Price Reduced: 08/29/07 — $819,900 to $798,900
Price Reduced: 09/05/07 — $798,900 to $795,900
Price Reduced: 09/07/07 — $795,900 to $787,900
Price Increased: 09/10/07 — $787,900 to $829,000
Price Reduced: 10/01/07 — $829,000 to $799,000
Price Increased: 10/05/07 — $799,000 to $849,000
Price Reduced: 10/09/07 — $849,000 to $819,000
Price Reduced: 10/15/07 — $819,000 to $818,900
Price Increased: 10/16/07 — $818,900 to $848,900
Price Reduced: 10/18/07 — $848,900 to $769,000
Price Increased: 10/23/07 — $769,000 to $818,900
Price Reduced: 11/09/07 — $818,900 to $784,900
Price Increased: 11/28/07 — $784,900 to $1,199,500
Price Reduced: 12/05/07 — $1,199,500 to $788,900
Price Reduced: 12/26/07 — $788,900 to $787,900

[temeculaguy]

Pizza, if you were to plot those data points and attempt to match them to something else in the natural world, guess what they would look exactly like……….fly fishing!!!

[paramount]

I have been looking to move into a larger house for the last year or so, of course what I found is that the longer I waited the lower the prices.

I have been looking at this home since the summer, but I still think it is overpriced by 60k at a minimum:

http://redfin.com/stingray/do/printable-listing?listing-id=1089234

[temeculaguy]

Offer them 250K and see what they do. I don’t care where anyone thinks the market is going, 250k for a newer 3 car garage is a screamin deal. That is a lot of grass to mow, enjoy yourself, it’s borderline riding mower territory.. There was one on sparks a few months ago for 330k, it was the low price leader on the three car garage monitor at the time, there might be a link and you can get the sales price. That place has potential but at 350k it is at it’s 04 price, not a fair price today and that tract has tons of repos in it on drennon and swoboda plus the rent is cheap for the area because I think those weren’t very upgraded, this one looks kinda basic. I think they have it priced on the higher side because it’s on a third of an acre and it’s a one story (both are rare and marketable), if that is what you want, you gotta pay for that no matter where the market goes, some people just like lots of land. Hell, offer them 300k with some incentives, it’s not like they are sifting through all the offers these days. You know as well as any of us locals that South Temecula is not going to see French Valley or Murrieta prices, it will always be 10-20% higher and it’s almost built out. If it wasn’t on the wrong side of the 79 for me and it didn’t have a football field to mow, I’d be tempted to fire a 250k or a 275k trial baloon at that place. A/C bill should be reasonable, one story and not a ridiculous amount of sq ft, taxes seem low to average at about 1.5, I think the hoa is non existent or cheap there, sorry can’t talk you out of it, I agree that it is 50-60k overpriced but at 250k to 300k it has a lot going for it.

[Anonymous]

Paramount, 1700 or so square feet wouldn’t be enough for me.

Anyway, what I’m trying to figure out from reading this board is what’s so good about Southern Temecula. I’ve never lived over in that part. I have driven over there and shopped in some stores over there. It does look nicer. Is it the schools? The people? Should I be considering that area when I buy?

TG, enlighten me.

[paramount]

It depends on what you like in terms of the city, weather, geography, etc…

I happen to like warm, dry weather and I think the Temecula Valley in general is an attractive area.

Schools: I’m not totally sure, my son goes to Catholic School – not b/c the schools in the area are bad, I think overall they are pretty good.

The People: As in most places, if you actually get to know your neighbors you’ll typically find they are nice. That being said, my section of the neighborhood (Paloma Del Sol) is so-so. The area around my street has become full of rentals – probably 50% or so, which in IMO has become a problem (some crime, dorm houses). A mixture of gray collar (myself included) and blue collar and sales types – this mixture largely the result of the housing bubble.

The commute (for most): After 5 years of commuting to RB it is getting better with the freeway improvements. But to be honest on the eve of my 40th the commute is getting old – even though it only takes about 40-45 minutes or so, it’s still 39 miles to my work (I do carpool, which gets old as well).

Overall: South Temecula is a pretty good place to live – the air is still clean, night sky still somewhat dark (backyard astronomy), crime although low is rising. It’s a mixture of locals and transplants. Local (good paying) jobs difficult to find, but it is possible to find one.

[paramount]

I am holding out on selling my current house due to it’s proximity to the future hospital in Temecula.

This hospital will be quite large at around 600,000 square feet for just the main hospital.

They should break ground this year.

[paramount]

I am holding out on selling my current house due to it’s proximity to the future hospital in Temecula.

This hospital will be quite large at around 600,000 square feet for just the main hospital.

They should break ground this year.

[paramount]

I am holding out on selling my current house due to it’s proximity to the future hospital in Temecula.

This hospital will be quite large at around 600,000 square feet for just the main hospital.

They should break ground this year.

[paramount]

I am holding out on selling my current house due to it’s proximity to the future hospital in Temecula.

This hospital will be quite large at around 600,000 square feet for just the main hospital.

They should break ground this year.

[paramount]

I am holding out on selling my current house due to it’s proximity to the future hospital in Temecula.

This hospital will be quite large at around 600,000 square feet for just the main hospital.

They should break ground this year.

[paramount]

It depends on what you like in terms of the city, weather, geography, etc…

I happen to like warm, dry weather and I think the Temecula Valley in general is an attractive area.

Schools: I’m not totally sure, my son goes to Catholic School – not b/c the schools in the area are bad, I think overall they are pretty good.

The People: As in most places, if you actually get to know your neighbors you’ll typically find they are nice. That being said, my section of the neighborhood (Paloma Del Sol) is so-so. The area around my street has become full of rentals – probably 50% or so, which in IMO has become a problem (some crime, dorm houses). A mixture of gray collar (myself included) and blue collar and sales types – this mixture largely the result of the housing bubble.

The commute (for most): After 5 years of commuting to RB it is getting better with the freeway improvements. But to be honest on the eve of my 40th the commute is getting old – even though it only takes about 40-45 minutes or so, it’s still 39 miles to my work (I do carpool, which gets old as well).

Overall: South Temecula is a pretty good place to live – the air is still clean, night sky still somewhat dark (backyard astronomy), crime although low is rising. It’s a mixture of locals and transplants. Local (good paying) jobs difficult to find, but it is possible to find one.

[paramount]

It depends on what you like in terms of the city, weather, geography, etc…

I happen to like warm, dry weather and I think the Temecula Valley in general is an attractive area.

Schools: I’m not totally sure, my son goes to Catholic School – not b/c the schools in the area are bad, I think overall they are pretty good.

The People: As in most places, if you actually get to know your neighbors you’ll typically find they are nice. That being said, my section of the neighborhood (Paloma Del Sol) is so-so. The area around my street has become full of rentals – probably 50% or so, which in IMO has become a problem (some crime, dorm houses). A mixture of gray collar (myself included) and blue collar and sales types – this mixture largely the result of the housing bubble.

The commute (for most): After 5 years of commuting to RB it is getting better with the freeway improvements. But to be honest on the eve of my 40th the commute is getting old – even though it only takes about 40-45 minutes or so, it’s still 39 miles to my work (I do carpool, which gets old as well).

Overall: South Temecula is a pretty good place to live – the air is still clean, night sky still somewhat dark (backyard astronomy), crime although low is rising. It’s a mixture of locals and transplants. Local (good paying) jobs difficult to find, but it is possible to find one.

[paramount]

It depends on what you like in terms of the city, weather, geography, etc…

I happen to like warm, dry weather and I think the Temecula Valley in general is an attractive area.

Schools: I’m not totally sure, my son goes to Catholic School – not b/c the schools in the area are bad, I think overall they are pretty good.

The People: As in most places, if you actually get to know your neighbors you’ll typically find they are nice. That being said, my section of the neighborhood (Paloma Del Sol) is so-so. The area around my street has become full of rentals – probably 50% or so, which in IMO has become a problem (some crime, dorm houses). A mixture of gray collar (myself included) and blue collar and sales types – this mixture largely the result of the housing bubble.

The commute (for most): After 5 years of commuting to RB it is getting better with the freeway improvements. But to be honest on the eve of my 40th the commute is getting old – even though it only takes about 40-45 minutes or so, it’s still 39 miles to my work (I do carpool, which gets old as well).

Overall: South Temecula is a pretty good place to live – the air is still clean, night sky still somewhat dark (backyard astronomy), crime although low is rising. It’s a mixture of locals and transplants. Local (good paying) jobs difficult to find, but it is possible to find one.

[paramount]

It depends on what you like in terms of the city, weather, geography, etc…

I happen to like warm, dry weather and I think the Temecula Valley in general is an attractive area.

Schools: I’m not totally sure, my son goes to Catholic School – not b/c the schools in the area are bad, I think overall they are pretty good.

The People: As in most places, if you actually get to know your neighbors you’ll typically find they are nice. That being said, my section of the neighborhood (Paloma Del Sol) is so-so. The area around my street has become full of rentals – probably 50% or so, which in IMO has become a problem (some crime, dorm houses). A mixture of gray collar (myself included) and blue collar and sales types – this mixture largely the result of the housing bubble.

The commute (for most): After 5 years of commuting to RB it is getting better with the freeway improvements. But to be honest on the eve of my 40th the commute is getting old – even though it only takes about 40-45 minutes or so, it’s still 39 miles to my work (I do carpool, which gets old as well).

Overall: South Temecula is a pretty good place to live – the air is still clean, night sky still somewhat dark (backyard astronomy), crime although low is rising. It’s a mixture of locals and transplants. Local (good paying) jobs difficult to find, but it is possible to find one.

[Bunny Meadows]

In answer to your question about Southern Temcula, in addition to the nice things I mentioned before, I find that life just feels calmer up here and people ARE nicer.

As I may have mentioned, we are renting in Redhawk, and the neighbors have been friendly and nice. We dont have kids, so we merely put up a xmas tree – not a theatre-production sound and light show on the front lawn. The neighbors knocked on the door – a group of guys – and offered to put up lights in the front of our house. They were hanging lights all over the street and had extras.

It’s not perfect here, but whenever I go to San Diego and come back, I feel a sense of calm as I approach the 79.

It is VERY VERY family oriented here, too. I dont have kids, but have been impressed by all of the family activities that are offered.

One of my chief complaints is a lack of original, non-chain restaurants. With a growing wine country, you’d think the food scene would be a bit more savvy, but it’s not.

Bunny Meadows
Temecula, CA 92592

[sdsystech]

Hello all, I didn’t want to start a whole new thread on this but is there anyone who currently makes a commute from Temecula to SD? Is it hellish? Is the extra bang for the buck you can get up there worth the extra road time?

[sdsystech]

Hello all, I didn’t want to start a whole new thread on this but is there anyone who currently makes a commute from Temecula to SD? Is it hellish? Is the extra bang for the buck you can get up there worth the extra road time?

[sdsystech]

Hello all, I didn’t want to start a whole new thread on this but is there anyone who currently makes a commute from Temecula to SD? Is it hellish? Is the extra bang for the buck you can get up there worth the extra road time?

[sdsystech]

Hello all, I didn’t want to start a whole new thread on this but is there anyone who currently makes a commute from Temecula to SD? Is it hellish? Is the extra bang for the buck you can get up there worth the extra road time?

[sdsystech]

Hello all, I didn’t want to start a whole new thread on this but is there anyone who currently makes a commute from Temecula to SD? Is it hellish? Is the extra bang for the buck you can get up there worth the extra road time?

[Bunny Meadows]

In answer to your question about Southern Temcula, in addition to the nice things I mentioned before, I find that life just feels calmer up here and people ARE nicer.

As I may have mentioned, we are renting in Redhawk, and the neighbors have been friendly and nice. We dont have kids, so we merely put up a xmas tree – not a theatre-production sound and light show on the front lawn. The neighbors knocked on the door – a group of guys – and offered to put up lights in the front of our house. They were hanging lights all over the street and had extras.

It’s not perfect here, but whenever I go to San Diego and come back, I feel a sense of calm as I approach the 79.

It is VERY VERY family oriented here, too. I dont have kids, but have been impressed by all of the family activities that are offered.

One of my chief complaints is a lack of original, non-chain restaurants. With a growing wine country, you’d think the food scene would be a bit more savvy, but it’s not.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

In answer to your question about Southern Temcula, in addition to the nice things I mentioned before, I find that life just feels calmer up here and people ARE nicer.

As I may have mentioned, we are renting in Redhawk, and the neighbors have been friendly and nice. We dont have kids, so we merely put up a xmas tree – not a theatre-production sound and light show on the front lawn. The neighbors knocked on the door – a group of guys – and offered to put up lights in the front of our house. They were hanging lights all over the street and had extras.

It’s not perfect here, but whenever I go to San Diego and come back, I feel a sense of calm as I approach the 79.

It is VERY VERY family oriented here, too. I dont have kids, but have been impressed by all of the family activities that are offered.

One of my chief complaints is a lack of original, non-chain restaurants. With a growing wine country, you’d think the food scene would be a bit more savvy, but it’s not.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

In answer to your question about Southern Temcula, in addition to the nice things I mentioned before, I find that life just feels calmer up here and people ARE nicer.

As I may have mentioned, we are renting in Redhawk, and the neighbors have been friendly and nice. We dont have kids, so we merely put up a xmas tree – not a theatre-production sound and light show on the front lawn. The neighbors knocked on the door – a group of guys – and offered to put up lights in the front of our house. They were hanging lights all over the street and had extras.

It’s not perfect here, but whenever I go to San Diego and come back, I feel a sense of calm as I approach the 79.

It is VERY VERY family oriented here, too. I dont have kids, but have been impressed by all of the family activities that are offered.

One of my chief complaints is a lack of original, non-chain restaurants. With a growing wine country, you’d think the food scene would be a bit more savvy, but it’s not.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

In answer to your question about Southern Temcula, in addition to the nice things I mentioned before, I find that life just feels calmer up here and people ARE nicer.

As I may have mentioned, we are renting in Redhawk, and the neighbors have been friendly and nice. We dont have kids, so we merely put up a xmas tree – not a theatre-production sound and light show on the front lawn. The neighbors knocked on the door – a group of guys – and offered to put up lights in the front of our house. They were hanging lights all over the street and had extras.

It’s not perfect here, but whenever I go to San Diego and come back, I feel a sense of calm as I approach the 79.

It is VERY VERY family oriented here, too. I dont have kids, but have been impressed by all of the family activities that are offered.

One of my chief complaints is a lack of original, non-chain restaurants. With a growing wine country, you’d think the food scene would be a bit more savvy, but it’s not.

Bunny Meadows
Temecula, CA 92592

[Anonymous]

Paramount, 1700 or so square feet wouldn’t be enough for me.

Anyway, what I’m trying to figure out from reading this board is what’s so good about Southern Temecula. I’ve never lived over in that part. I have driven over there and shopped in some stores over there. It does look nicer. Is it the schools? The people? Should I be considering that area when I buy?

TG, enlighten me.

[Anonymous]

Paramount, 1700 or so square feet wouldn’t be enough for me.

Anyway, what I’m trying to figure out from reading this board is what’s so good about Southern Temecula. I’ve never lived over in that part. I have driven over there and shopped in some stores over there. It does look nicer. Is it the schools? The people? Should I be considering that area when I buy?

TG, enlighten me.

[Anonymous]

Paramount, 1700 or so square feet wouldn’t be enough for me.

Anyway, what I’m trying to figure out from reading this board is what’s so good about Southern Temecula. I’ve never lived over in that part. I have driven over there and shopped in some stores over there. It does look nicer. Is it the schools? The people? Should I be considering that area when I buy?

TG, enlighten me.

[Anonymous]

Paramount, 1700 or so square feet wouldn’t be enough for me.

Anyway, what I’m trying to figure out from reading this board is what’s so good about Southern Temecula. I’ve never lived over in that part. I have driven over there and shopped in some stores over there. It does look nicer. Is it the schools? The people? Should I be considering that area when I buy?

TG, enlighten me.

[bob007]

hi temeculaguy,
i like to talk to you about real estate in temecula and inland empire. how to get hold of you ?

thanks
bob007

[temeculaguy]

Bob, Just so you know I am in no way in the industry, just a guy who found this place a while back while contemplating a purchase, my insight is purely pedestrian. I created an email addy that the name doesnt give too much personal info just for this request, it will be my piggy only address, stalkers, people with questions and over 35 divorcees free to write me at [email protected]

[temeculaguy]

Bob, Just so you know I am in no way in the industry, just a guy who found this place a while back while contemplating a purchase, my insight is purely pedestrian. I created an email addy that the name doesnt give too much personal info just for this request, it will be my piggy only address, stalkers, people with questions and over 35 divorcees free to write me at [email protected]

[temeculaguy]

Bob, Just so you know I am in no way in the industry, just a guy who found this place a while back while contemplating a purchase, my insight is purely pedestrian. I created an email addy that the name doesnt give too much personal info just for this request, it will be my piggy only address, stalkers, people with questions and over 35 divorcees free to write me at [email protected]

[temeculaguy]

Bob, Just so you know I am in no way in the industry, just a guy who found this place a while back while contemplating a purchase, my insight is purely pedestrian. I created an email addy that the name doesnt give too much personal info just for this request, it will be my piggy only address, stalkers, people with questions and over 35 divorcees free to write me at [email protected]

[temeculaguy]

Bob, Just so you know I am in no way in the industry, just a guy who found this place a while back while contemplating a purchase, my insight is purely pedestrian. I created an email addy that the name doesnt give too much personal info just for this request, it will be my piggy only address, stalkers, people with questions and over 35 divorcees free to write me at [email protected]

[bob007]

hi temeculaguy,
i like to talk to you about real estate in temecula and inland empire. how to get hold of you ?

thanks
bob007

[bob007]

hi temeculaguy,
i like to talk to you about real estate in temecula and inland empire. how to get hold of you ?

thanks
bob007

[bob007]

hi temeculaguy,
i like to talk to you about real estate in temecula and inland empire. how to get hold of you ?

thanks
bob007

[bob007]

hi temeculaguy,
i like to talk to you about real estate in temecula and inland empire. how to get hold of you ?

thanks
bob007

[temeculaguy]

Offer them 250K and see what they do. I don’t care where anyone thinks the market is going, 250k for a newer 3 car garage is a screamin deal. That is a lot of grass to mow, enjoy yourself, it’s borderline riding mower territory.. There was one on sparks a few months ago for 330k, it was the low price leader on the three car garage monitor at the time, there might be a link and you can get the sales price. That place has potential but at 350k it is at it’s 04 price, not a fair price today and that tract has tons of repos in it on drennon and swoboda plus the rent is cheap for the area because I think those weren’t very upgraded, this one looks kinda basic. I think they have it priced on the higher side because it’s on a third of an acre and it’s a one story (both are rare and marketable), if that is what you want, you gotta pay for that no matter where the market goes, some people just like lots of land. Hell, offer them 300k with some incentives, it’s not like they are sifting through all the offers these days. You know as well as any of us locals that South Temecula is not going to see French Valley or Murrieta prices, it will always be 10-20% higher and it’s almost built out. If it wasn’t on the wrong side of the 79 for me and it didn’t have a football field to mow, I’d be tempted to fire a 250k or a 275k trial baloon at that place. A/C bill should be reasonable, one story and not a ridiculous amount of sq ft, taxes seem low to average at about 1.5, I think the hoa is non existent or cheap there, sorry can’t talk you out of it, I agree that it is 50-60k overpriced but at 250k to 300k it has a lot going for it.

[temeculaguy]

Offer them 250K and see what they do. I don’t care where anyone thinks the market is going, 250k for a newer 3 car garage is a screamin deal. That is a lot of grass to mow, enjoy yourself, it’s borderline riding mower territory.. There was one on sparks a few months ago for 330k, it was the low price leader on the three car garage monitor at the time, there might be a link and you can get the sales price. That place has potential but at 350k it is at it’s 04 price, not a fair price today and that tract has tons of repos in it on drennon and swoboda plus the rent is cheap for the area because I think those weren’t very upgraded, this one looks kinda basic. I think they have it priced on the higher side because it’s on a third of an acre and it’s a one story (both are rare and marketable), if that is what you want, you gotta pay for that no matter where the market goes, some people just like lots of land. Hell, offer them 300k with some incentives, it’s not like they are sifting through all the offers these days. You know as well as any of us locals that South Temecula is not going to see French Valley or Murrieta prices, it will always be 10-20% higher and it’s almost built out. If it wasn’t on the wrong side of the 79 for me and it didn’t have a football field to mow, I’d be tempted to fire a 250k or a 275k trial baloon at that place. A/C bill should be reasonable, one story and not a ridiculous amount of sq ft, taxes seem low to average at about 1.5, I think the hoa is non existent or cheap there, sorry can’t talk you out of it, I agree that it is 50-60k overpriced but at 250k to 300k it has a lot going for it.

[temeculaguy]

Offer them 250K and see what they do. I don’t care where anyone thinks the market is going, 250k for a newer 3 car garage is a screamin deal. That is a lot of grass to mow, enjoy yourself, it’s borderline riding mower territory.. There was one on sparks a few months ago for 330k, it was the low price leader on the three car garage monitor at the time, there might be a link and you can get the sales price. That place has potential but at 350k it is at it’s 04 price, not a fair price today and that tract has tons of repos in it on drennon and swoboda plus the rent is cheap for the area because I think those weren’t very upgraded, this one looks kinda basic. I think they have it priced on the higher side because it’s on a third of an acre and it’s a one story (both are rare and marketable), if that is what you want, you gotta pay for that no matter where the market goes, some people just like lots of land. Hell, offer them 300k with some incentives, it’s not like they are sifting through all the offers these days. You know as well as any of us locals that South Temecula is not going to see French Valley or Murrieta prices, it will always be 10-20% higher and it’s almost built out. If it wasn’t on the wrong side of the 79 for me and it didn’t have a football field to mow, I’d be tempted to fire a 250k or a 275k trial baloon at that place. A/C bill should be reasonable, one story and not a ridiculous amount of sq ft, taxes seem low to average at about 1.5, I think the hoa is non existent or cheap there, sorry can’t talk you out of it, I agree that it is 50-60k overpriced but at 250k to 300k it has a lot going for it.

[temeculaguy]

Offer them 250K and see what they do. I don’t care where anyone thinks the market is going, 250k for a newer 3 car garage is a screamin deal. That is a lot of grass to mow, enjoy yourself, it’s borderline riding mower territory.. There was one on sparks a few months ago for 330k, it was the low price leader on the three car garage monitor at the time, there might be a link and you can get the sales price. That place has potential but at 350k it is at it’s 04 price, not a fair price today and that tract has tons of repos in it on drennon and swoboda plus the rent is cheap for the area because I think those weren’t very upgraded, this one looks kinda basic. I think they have it priced on the higher side because it’s on a third of an acre and it’s a one story (both are rare and marketable), if that is what you want, you gotta pay for that no matter where the market goes, some people just like lots of land. Hell, offer them 300k with some incentives, it’s not like they are sifting through all the offers these days. You know as well as any of us locals that South Temecula is not going to see French Valley or Murrieta prices, it will always be 10-20% higher and it’s almost built out. If it wasn’t on the wrong side of the 79 for me and it didn’t have a football field to mow, I’d be tempted to fire a 250k or a 275k trial baloon at that place. A/C bill should be reasonable, one story and not a ridiculous amount of sq ft, taxes seem low to average at about 1.5, I think the hoa is non existent or cheap there, sorry can’t talk you out of it, I agree that it is 50-60k overpriced but at 250k to 300k it has a lot going for it.

[Bunny Meadows]

I really loved this house when I looked at it – it shows like a model – but it’s overpriced at $589K:

http://redfin.com/stingray/do/printable-listing?listing-id=1193384

According to redfin, they paid $437K in 2003, so are probably in denial over the price…it’s been on the market for nearly 90 days!

What would you offer for the house? Just curious…

There is another house on the same street listed at $519K (133 days), but I think that’s probably too high, too (no upgrades). I think a more realistic price is probably mid-400s.

We just sold our house in Virginia before moving back to CA. We had COMPETING offers within 10 days. The secret? We wanted to unload it so we hired a stager and priced it aggressively. We expected to list it at $470K and when the realtor suggested $430K it was like a kick in the stomach. But, we sold it and it’s done.

I kinda wonder when some of these sellers are going to realize that they simply are not going to get the price they expect.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

I really loved this house when I looked at it – it shows like a model – but it’s overpriced at $589K:

http://redfin.com/stingray/do/printable-listing?listing-id=1193384

According to redfin, they paid $437K in 2003, so are probably in denial over the price…it’s been on the market for nearly 90 days!

What would you offer for the house? Just curious…

There is another house on the same street listed at $519K (133 days), but I think that’s probably too high, too (no upgrades). I think a more realistic price is probably mid-400s.

We just sold our house in Virginia before moving back to CA. We had COMPETING offers within 10 days. The secret? We wanted to unload it so we hired a stager and priced it aggressively. We expected to list it at $470K and when the realtor suggested $430K it was like a kick in the stomach. But, we sold it and it’s done.

I kinda wonder when some of these sellers are going to realize that they simply are not going to get the price they expect.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

I really loved this house when I looked at it – it shows like a model – but it’s overpriced at $589K:

http://redfin.com/stingray/do/printable-listing?listing-id=1193384

According to redfin, they paid $437K in 2003, so are probably in denial over the price…it’s been on the market for nearly 90 days!

What would you offer for the house? Just curious…

There is another house on the same street listed at $519K (133 days), but I think that’s probably too high, too (no upgrades). I think a more realistic price is probably mid-400s.

We just sold our house in Virginia before moving back to CA. We had COMPETING offers within 10 days. The secret? We wanted to unload it so we hired a stager and priced it aggressively. We expected to list it at $470K and when the realtor suggested $430K it was like a kick in the stomach. But, we sold it and it’s done.

I kinda wonder when some of these sellers are going to realize that they simply are not going to get the price they expect.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

I really loved this house when I looked at it – it shows like a model – but it’s overpriced at $589K:

http://redfin.com/stingray/do/printable-listing?listing-id=1193384

According to redfin, they paid $437K in 2003, so are probably in denial over the price…it’s been on the market for nearly 90 days!

What would you offer for the house? Just curious…

There is another house on the same street listed at $519K (133 days), but I think that’s probably too high, too (no upgrades). I think a more realistic price is probably mid-400s.

We just sold our house in Virginia before moving back to CA. We had COMPETING offers within 10 days. The secret? We wanted to unload it so we hired a stager and priced it aggressively. We expected to list it at $470K and when the realtor suggested $430K it was like a kick in the stomach. But, we sold it and it’s done.

I kinda wonder when some of these sellers are going to realize that they simply are not going to get the price they expect.

Bunny Meadows
Temecula, CA 92592

[Bunny Meadows]

I really loved this house when I looked at it – it shows like a model – but it’s overpriced at $589K:

http://redfin.com/stingray/do/printable-listing?listing-id=1193384

According to redfin, they paid $437K in 2003, so are probably in denial over the price…it’s been on the market for nearly 90 days!

What would you offer for the house? Just curious…

There is another house on the same street listed at $519K (133 days), but I think that’s probably too high, too (no upgrades). I think a more realistic price is probably mid-400s.

We just sold our house in Virginia before moving back to CA. We had COMPETING offers within 10 days. The secret? We wanted to unload it so we hired a stager and priced it aggressively. We expected to list it at $470K and when the realtor suggested $430K it was like a kick in the stomach. But, we sold it and it’s done.

I kinda wonder when some of these sellers are going to realize that they simply are not going to get the price they expect.

Bunny Meadows
Temecula, CA 92592

[paramount]

I have been looking to move into a larger house for the last year or so, of course what I found is that the longer I waited the lower the prices.

I have been looking at this home since the summer, but I still think it is overpriced by 60k at a minimum:

http://redfin.com/stingray/do/printable-listing?listing-id=1089234

[paramount]

I have been looking to move into a larger house for the last year or so, of course what I found is that the longer I waited the lower the prices.

I have been looking at this home since the summer, but I still think it is overpriced by 60k at a minimum:

http://redfin.com/stingray/do/printable-listing?listing-id=1089234

[paramount]

I have been looking to move into a larger house for the last year or so, of course what I found is that the longer I waited the lower the prices.

I have been looking at this home since the summer, but I still think it is overpriced by 60k at a minimum:

http://redfin.com/stingray/do/printable-listing?listing-id=1089234

[paramount]

I have been looking to move into a larger house for the last year or so, of course what I found is that the longer I waited the lower the prices.

I have been looking at this home since the summer, but I still think it is overpriced by 60k at a minimum:

http://redfin.com/stingray/do/printable-listing?listing-id=1089234

[temeculaguy]

Pizza, if you were to plot those data points and attempt to match them to something else in the natural world, guess what they would look exactly like……….fly fishing!!!

[temeculaguy]

Pizza, if you were to plot those data points and attempt to match them to something else in the natural world, guess what they would look exactly like……….fly fishing!!!

[temeculaguy]

Pizza, if you were to plot those data points and attempt to match them to something else in the natural world, guess what they would look exactly like……….fly fishing!!!

[temeculaguy]

Pizza, if you were to plot those data points and attempt to match them to something else in the natural world, guess what they would look exactly like……….fly fishing!!!

[pizzaman]

Bunny

I would agree with both TG and Paramount that another 10-20% drop is likely in 2008. The rate of decline is accelerating at this point. What I would like to add is a warning not to be too excited when you see large price drops. Two or three hundred thousand dollar drops are becoming common place and don’t necessarily mean you would be getting the best deal. Heres a listing for a house that’s listed at 325,000 which is 345,000 off its purchase price in of 670,000 in 2006.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1354595

About the house in Crowne Hill, I had to chuckle when you mentioned that the owner had some “wiggle room”. When the house is a short sale the bank would be making the decisions, chances are the owner doesn’t even have the banks OK for the 479,000.

One last thought, recently I’ve been seeing owners bouncing prices up and down to try and create the perception of value. Its important to review the listing history. If you don’t have access to the MLS you can still see it by getting a Zip Realty account. Here an example. There is a home in Temecula (37909 Pratt Rd) that recently was reduced from 1,199,500 to 788,900. Wow, a 400k drop must be a good deal right? Not so fast, heres the whole story

On Market: 262 days
Price Reduced: 05/01/07 — $989,000 to $969,000
Price Reduced: 05/04/07 — $969,000 to $949,000
Price Increased: 05/05/07 — $949,000 to $959,000
Price Reduced: 05/07/07 — $959,000 to $949,000
Price Reduced: 05/20/07 — $949,000 to $939,000
Price Reduced: 05/22/07 — $939,000 to $929,000
Price Reduced: 06/03/07 — $929,000 to $928,500
Price Reduced: 06/05/07 — $928,500 to $919,000
Price Reduced: 06/07/07 — $919,000 to $899,000
Price Increased: 06/09/07 — $899,000 to $919,000
Price Reduced: 06/12/07 — $919,000 to $909,000
Price Reduced: 06/14/07 — $909,000 to $899,000
Price Reduced: 06/19/07 — $899,000 to $898,900
Price Reduced: 06/21/07 — $898,900 to $885,000
Price Reduced: 06/24/07 — $885,000 to $884,900
Price Reduced: 06/25/07 — $884,900 to $878,900
Price Reduced: 06/28/07 — $878,900 to $868,900
Price Increased: 07/07/07 — $868,900 to $878,900
Price Reduced: 07/10/07 — $878,900 to $877,900
Price Reduced: 07/11/07 — $877,900 to $864,900
Price Reduced: 07/12/07 — $864,900 to $858,900
Price Reduced: 07/23/07 — $858,900 to $848,900
Price Reduced: 08/01/07 — $848,900 to $844,900
Price Increased: 08/02/07 — $844,900 to $854,900
Price Reduced: 08/07/07 — $854,900 to $839,000
Price Reduced: 08/09/07 — $839,000 to $838,900
Price Reduced: 08/13/07 — $838,900 to $828,900
Price Increased: 08/14/07 — $828,900 to $832,900
Price Reduced: 08/16/07 — $832,900 to $829,000
Price Reduced: 08/16/07 — $829,000 to $824,900
Price Reduced: 08/21/07 — $824,900 to $819,900
Price Reduced: 08/29/07 — $819,900 to $798,900
Price Reduced: 09/05/07 — $798,900 to $795,900
Price Reduced: 09/07/07 — $795,900 to $787,900
Price Increased: 09/10/07 — $787,900 to $829,000
Price Reduced: 10/01/07 — $829,000 to $799,000
Price Increased: 10/05/07 — $799,000 to $849,000
Price Reduced: 10/09/07 — $849,000 to $819,000
Price Reduced: 10/15/07 — $819,000 to $818,900
Price Increased: 10/16/07 — $818,900 to $848,900
Price Reduced: 10/18/07 — $848,900 to $769,000
Price Increased: 10/23/07 — $769,000 to $818,900
Price Reduced: 11/09/07 — $818,900 to $784,900
Price Increased: 11/28/07 — $784,900 to $1,199,500
Price Reduced: 12/05/07 — $1,199,500 to $788,900
Price Reduced: 12/26/07 — $788,900 to $787,900

[pizzaman]

Bunny

I would agree with both TG and Paramount that another 10-20% drop is likely in 2008. The rate of decline is accelerating at this point. What I would like to add is a warning not to be too excited when you see large price drops. Two or three hundred thousand dollar drops are becoming common place and don’t necessarily mean you would be getting the best deal. Heres a listing for a house that’s listed at 325,000 which is 345,000 off its purchase price in of 670,000 in 2006.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1354595

About the house in Crowne Hill, I had to chuckle when you mentioned that the owner had some “wiggle room”. When the house is a short sale the bank would be making the decisions, chances are the owner doesn’t even have the banks OK for the 479,000.

One last thought, recently I’ve been seeing owners bouncing prices up and down to try and create the perception of value. Its important to review the listing history. If you don’t have access to the MLS you can still see it by getting a Zip Realty account. Here an example. There is a home in Temecula (37909 Pratt Rd) that recently was reduced from 1,199,500 to 788,900. Wow, a 400k drop must be a good deal right? Not so fast, heres the whole story

On Market: 262 days
Price Reduced: 05/01/07 — $989,000 to $969,000
Price Reduced: 05/04/07 — $969,000 to $949,000
Price Increased: 05/05/07 — $949,000 to $959,000
Price Reduced: 05/07/07 — $959,000 to $949,000
Price Reduced: 05/20/07 — $949,000 to $939,000
Price Reduced: 05/22/07 — $939,000 to $929,000
Price Reduced: 06/03/07 — $929,000 to $928,500
Price Reduced: 06/05/07 — $928,500 to $919,000
Price Reduced: 06/07/07 — $919,000 to $899,000
Price Increased: 06/09/07 — $899,000 to $919,000
Price Reduced: 06/12/07 — $919,000 to $909,000
Price Reduced: 06/14/07 — $909,000 to $899,000
Price Reduced: 06/19/07 — $899,000 to $898,900
Price Reduced: 06/21/07 — $898,900 to $885,000
Price Reduced: 06/24/07 — $885,000 to $884,900
Price Reduced: 06/25/07 — $884,900 to $878,900
Price Reduced: 06/28/07 — $878,900 to $868,900
Price Increased: 07/07/07 — $868,900 to $878,900
Price Reduced: 07/10/07 — $878,900 to $877,900
Price Reduced: 07/11/07 — $877,900 to $864,900
Price Reduced: 07/12/07 — $864,900 to $858,900
Price Reduced: 07/23/07 — $858,900 to $848,900
Price Reduced: 08/01/07 — $848,900 to $844,900
Price Increased: 08/02/07 — $844,900 to $854,900
Price Reduced: 08/07/07 — $854,900 to $839,000
Price Reduced: 08/09/07 — $839,000 to $838,900
Price Reduced: 08/13/07 — $838,900 to $828,900
Price Increased: 08/14/07 — $828,900 to $832,900
Price Reduced: 08/16/07 — $832,900 to $829,000
Price Reduced: 08/16/07 — $829,000 to $824,900
Price Reduced: 08/21/07 — $824,900 to $819,900
Price Reduced: 08/29/07 — $819,900 to $798,900
Price Reduced: 09/05/07 — $798,900 to $795,900
Price Reduced: 09/07/07 — $795,900 to $787,900
Price Increased: 09/10/07 — $787,900 to $829,000
Price Reduced: 10/01/07 — $829,000 to $799,000
Price Increased: 10/05/07 — $799,000 to $849,000
Price Reduced: 10/09/07 — $849,000 to $819,000
Price Reduced: 10/15/07 — $819,000 to $818,900
Price Increased: 10/16/07 — $818,900 to $848,900
Price Reduced: 10/18/07 — $848,900 to $769,000
Price Increased: 10/23/07 — $769,000 to $818,900
Price Reduced: 11/09/07 — $818,900 to $784,900
Price Increased: 11/28/07 — $784,900 to $1,199,500
Price Reduced: 12/05/07 — $1,199,500 to $788,900
Price Reduced: 12/26/07 — $788,900 to $787,900

[pizzaman]

Bunny

I would agree with both TG and Paramount that another 10-20% drop is likely in 2008. The rate of decline is accelerating at this point. What I would like to add is a warning not to be too excited when you see large price drops. Two or three hundred thousand dollar drops are becoming common place and don’t necessarily mean you would be getting the best deal. Heres a listing for a house that’s listed at 325,000 which is 345,000 off its purchase price in of 670,000 in 2006.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1354595

About the house in Crowne Hill, I had to chuckle when you mentioned that the owner had some “wiggle room”. When the house is a short sale the bank would be making the decisions, chances are the owner doesn’t even have the banks OK for the 479,000.

One last thought, recently I’ve been seeing owners bouncing prices up and down to try and create the perception of value. Its important to review the listing history. If you don’t have access to the MLS you can still see it by getting a Zip Realty account. Here an example. There is a home in Temecula (37909 Pratt Rd) that recently was reduced from 1,199,500 to 788,900. Wow, a 400k drop must be a good deal right? Not so fast, heres the whole story

On Market: 262 days
Price Reduced: 05/01/07 — $989,000 to $969,000
Price Reduced: 05/04/07 — $969,000 to $949,000
Price Increased: 05/05/07 — $949,000 to $959,000
Price Reduced: 05/07/07 — $959,000 to $949,000
Price Reduced: 05/20/07 — $949,000 to $939,000
Price Reduced: 05/22/07 — $939,000 to $929,000
Price Reduced: 06/03/07 — $929,000 to $928,500
Price Reduced: 06/05/07 — $928,500 to $919,000
Price Reduced: 06/07/07 — $919,000 to $899,000
Price Increased: 06/09/07 — $899,000 to $919,000
Price Reduced: 06/12/07 — $919,000 to $909,000
Price Reduced: 06/14/07 — $909,000 to $899,000
Price Reduced: 06/19/07 — $899,000 to $898,900
Price Reduced: 06/21/07 — $898,900 to $885,000
Price Reduced: 06/24/07 — $885,000 to $884,900
Price Reduced: 06/25/07 — $884,900 to $878,900
Price Reduced: 06/28/07 — $878,900 to $868,900
Price Increased: 07/07/07 — $868,900 to $878,900
Price Reduced: 07/10/07 — $878,900 to $877,900
Price Reduced: 07/11/07 — $877,900 to $864,900
Price Reduced: 07/12/07 — $864,900 to $858,900
Price Reduced: 07/23/07 — $858,900 to $848,900
Price Reduced: 08/01/07 — $848,900 to $844,900
Price Increased: 08/02/07 — $844,900 to $854,900
Price Reduced: 08/07/07 — $854,900 to $839,000
Price Reduced: 08/09/07 — $839,000 to $838,900
Price Reduced: 08/13/07 — $838,900 to $828,900
Price Increased: 08/14/07 — $828,900 to $832,900
Price Reduced: 08/16/07 — $832,900 to $829,000
Price Reduced: 08/16/07 — $829,000 to $824,900
Price Reduced: 08/21/07 — $824,900 to $819,900
Price Reduced: 08/29/07 — $819,900 to $798,900
Price Reduced: 09/05/07 — $798,900 to $795,900
Price Reduced: 09/07/07 — $795,900 to $787,900
Price Increased: 09/10/07 — $787,900 to $829,000
Price Reduced: 10/01/07 — $829,000 to $799,000
Price Increased: 10/05/07 — $799,000 to $849,000
Price Reduced: 10/09/07 — $849,000 to $819,000
Price Reduced: 10/15/07 — $819,000 to $818,900
Price Increased: 10/16/07 — $818,900 to $848,900
Price Reduced: 10/18/07 — $848,900 to $769,000
Price Increased: 10/23/07 — $769,000 to $818,900
Price Reduced: 11/09/07 — $818,900 to $784,900
Price Increased: 11/28/07 — $784,900 to $1,199,500
Price Reduced: 12/05/07 — $1,199,500 to $788,900
Price Reduced: 12/26/07 — $788,900 to $787,900

[pizzaman]

Bunny

I would agree with both TG and Paramount that another 10-20% drop is likely in 2008. The rate of decline is accelerating at this point. What I would like to add is a warning not to be too excited when you see large price drops. Two or three hundred thousand dollar drops are becoming common place and don’t necessarily mean you would be getting the best deal. Heres a listing for a house that’s listed at 325,000 which is 345,000 off its purchase price in of 670,000 in 2006.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1354595

About the house in Crowne Hill, I had to chuckle when you mentioned that the owner had some “wiggle room”. When the house is a short sale the bank would be making the decisions, chances are the owner doesn’t even have the banks OK for the 479,000.

One last thought, recently I’ve been seeing owners bouncing prices up and down to try and create the perception of value. Its important to review the listing history. If you don’t have access to the MLS you can still see it by getting a Zip Realty account. Here an example. There is a home in Temecula (37909 Pratt Rd) that recently was reduced from 1,199,500 to 788,900. Wow, a 400k drop must be a good deal right? Not so fast, heres the whole story

On Market: 262 days
Price Reduced: 05/01/07 — $989,000 to $969,000
Price Reduced: 05/04/07 — $969,000 to $949,000
Price Increased: 05/05/07 — $949,000 to $959,000
Price Reduced: 05/07/07 — $959,000 to $949,000
Price Reduced: 05/20/07 — $949,000 to $939,000
Price Reduced: 05/22/07 — $939,000 to $929,000
Price Reduced: 06/03/07 — $929,000 to $928,500
Price Reduced: 06/05/07 — $928,500 to $919,000
Price Reduced: 06/07/07 — $919,000 to $899,000
Price Increased: 06/09/07 — $899,000 to $919,000
Price Reduced: 06/12/07 — $919,000 to $909,000
Price Reduced: 06/14/07 — $909,000 to $899,000
Price Reduced: 06/19/07 — $899,000 to $898,900
Price Reduced: 06/21/07 — $898,900 to $885,000
Price Reduced: 06/24/07 — $885,000 to $884,900
Price Reduced: 06/25/07 — $884,900 to $878,900
Price Reduced: 06/28/07 — $878,900 to $868,900
Price Increased: 07/07/07 — $868,900 to $878,900
Price Reduced: 07/10/07 — $878,900 to $877,900
Price Reduced: 07/11/07 — $877,900 to $864,900
Price Reduced: 07/12/07 — $864,900 to $858,900
Price Reduced: 07/23/07 — $858,900 to $848,900
Price Reduced: 08/01/07 — $848,900 to $844,900
Price Increased: 08/02/07 — $844,900 to $854,900
Price Reduced: 08/07/07 — $854,900 to $839,000
Price Reduced: 08/09/07 — $839,000 to $838,900
Price Reduced: 08/13/07 — $838,900 to $828,900
Price Increased: 08/14/07 — $828,900 to $832,900
Price Reduced: 08/16/07 — $832,900 to $829,000
Price Reduced: 08/16/07 — $829,000 to $824,900
Price Reduced: 08/21/07 — $824,900 to $819,900
Price Reduced: 08/29/07 — $819,900 to $798,900
Price Reduced: 09/05/07 — $798,900 to $795,900
Price Reduced: 09/07/07 — $795,900 to $787,900
Price Increased: 09/10/07 — $787,900 to $829,000
Price Reduced: 10/01/07 — $829,000 to $799,000
Price Increased: 10/05/07 — $799,000 to $849,000
Price Reduced: 10/09/07 — $849,000 to $819,000
Price Reduced: 10/15/07 — $819,000 to $818,900
Price Increased: 10/16/07 — $818,900 to $848,900
Price Reduced: 10/18/07 — $848,900 to $769,000
Price Increased: 10/23/07 — $769,000 to $818,900
Price Reduced: 11/09/07 — $818,900 to $784,900
Price Increased: 11/28/07 — $784,900 to $1,199,500
Price Reduced: 12/05/07 — $1,199,500 to $788,900
Price Reduced: 12/26/07 — $788,900 to $787,900

[gn]

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

A few years ago, Temecula also attracted a large number of speculators from SD county. This is why there are so many empty houses in Temecula. Most of the houses bought by the speculators will end up as foreclosures.

Places like Temecula (where there is excessive inventories) are likely to become targets for "vultures". These "vultures" are investment funds that buy properties in bulk (dozens or more at a time) from lenders at bargain prices & rent them out

This is already happening in other parts of the country:

http://www.sptimes.com/2007/10/20/Homes/Housing__Vulture_fund.shtml

[gn]

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

A few years ago, Temecula also attracted a large number of speculators from SD county. This is why there are so many empty houses in Temecula. Most of the houses bought by the speculators will end up as foreclosures.

Places like Temecula (where there is excessive inventories) are likely to become targets for "vultures". These "vultures" are investment funds that buy properties in bulk (dozens or more at a time) from lenders at bargain prices & rent them out

This is already happening in other parts of the country:

http://www.sptimes.com/2007/10/20/Homes/Housing__Vulture_fund.shtml

[gn]

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

A few years ago, Temecula also attracted a large number of speculators from SD county. This is why there are so many empty houses in Temecula. Most of the houses bought by the speculators will end up as foreclosures.

Places like Temecula (where there is excessive inventories) are likely to become targets for "vultures". These "vultures" are investment funds that buy properties in bulk (dozens or more at a time) from lenders at bargain prices & rent them out

This is already happening in other parts of the country:

http://www.sptimes.com/2007/10/20/Homes/Housing__Vulture_fund.shtml

[gn]

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

A few years ago, Temecula also attracted a large number of speculators from SD county. This is why there are so many empty houses in Temecula. Most of the houses bought by the speculators will end up as foreclosures.

Places like Temecula (where there is excessive inventories) are likely to become targets for "vultures". These "vultures" are investment funds that buy properties in bulk (dozens or more at a time) from lenders at bargain prices & rent them out

This is already happening in other parts of the country:

http://www.sptimes.com/2007/10/20/Homes/Housing__Vulture_fund.shtml

[gn]

So…back to my original thought: with all of the homes that were built – to accomodate those who wanted the bigger place and didnt mind the commute – but what happens now that the market is downturning and people are not as willing to drive hours every day to get to work?

A few years ago, Temecula also attracted a large number of speculators from SD county. This is why there are so many empty houses in Temecula. Most of the houses bought by the speculators will end up as foreclosures.

Places like Temecula (where there is excessive inventories) are likely to become targets for "vultures". These "vultures" are investment funds that buy properties in bulk (dozens or more at a time) from lenders at bargain prices & rent them out

This is already happening in other parts of the country:

http://www.sptimes.com/2007/10/20/Homes/Housing__Vulture_fund.shtml

[PCinSD]

Bunny,

I love cats, have 2 of my own. Here are Marions exact words from her previous post regarding mice in her garage:

“I can’t get cat. I HATE cats.”

You might want to think twice before shipping your cat to someone who admittedly HATES cats. None of my business, but no way in hell would I send a cat over to Marion’s house given that she HATES cats.

Marion, if I’ve misrepresented your feelings about cats please let me know and I’ll apologize.

pabloesqobar

[Anonymous]

Bunny, I have stated I hate cats because I am extremely allergic. I am not a danger to animals and would treat your cat right.

Pabloesqobar, I have already asked you once before, and would like to know how I can get rid of you…

I’m sure you’re a nice person and all, but all your hateful comments directed to me and stuff about “People like Marion keep me in business” creeps me out a bit. But, if I’ve misjudged you, let me know. Just watch the “stalkerish” behavior please.

[Anonymous]

Ok, here comes that coffee again, folks. 😉

Pabloesqobar, what do you think I’m gonna do with Bunny’s cat, let him catch all my mice then serve him on toast?!

Bunny, you won’t find me listed on “American’s Ten Most Wanted Cat Murderers”. Promise.

On second thought…here kitty, kitty…

J/King!! 🙂

I’m a nice person with a healthy sense of humor, Pablo. You just gotta give me a chance. 🙂

[Bunny Meadows]

Marion,

Contrary to oft popular belief, milk is TERRIBLE for cats. They cant really digest it. My cat does not go outside. We dont want him to be attacked by a big hawk or coyote.

I’d probably have to hang out with him in the garage, to be honest. And, if there weren’t any mice, he’d get bored after about 30 minutes.

We think Riley is the progeny of generations of barn cat mousers. He’s from Spotsylvania, Virginia and I believe he is very frustrated that he cant catch any live prey in our house (no rodent in his right mind would come near our place with 3 cats).

You dont sound like a cat-killer. I never believed that 🙂

[Anonymous]

Thanks, Bunny. When can you bring the Big Guy over? Do you work? Are there any days or times that would be convenient for you?

Also, I don’t know how the cats hunt mice. Will Riley know in 30 minutes or less if there are still some mice hiding in my garage? Can they smell the live ones or something? Or do they have to search for them?

Marion

[Bunny Meadows]

I’m a freelance writer and I work from home.

I cant guarantee he would kill your mice. This would truly be an experiment. I can only base this on how aggressive he is with his toy mice. My husband has been around barn cats and has said that Riley is “a born mouser.” Like I said, he also comes from a long line of barn cats in rural VA. If Riley even hears the faintest scratching sound, he goes WILD. I’ve been told that it probably sounds like a mouse scratching around.

Do you have any idea where the mice might be, or are coming from? If so, I’ve been told that putting peppermint oil inside the mouse hole (and around it), then plugging it up with mesh (a steel wool pad – but not SOS) will do the trick.

I’m willing to bring him over if you want to try. But, I wont leave him alone. He’s my baby, so I would want to stay with him.

We can discuss this offline if you’d like. My email is [email protected]

Thanks!
Bunny

[Anonymous]

Bunny, I think that’s cool you’re a writer. I dabble in writing myself and would like to have something published one day.

I think it might be fun to give Riley a try. You could bring him over and you and I can sit in front of the garage and talk shop (housing market, writing). And your Big Guy can run around in my garage and go to town!

I’ll send you an e-mail to your yahoo address sometime later on this evening.

Marion

[Bunny Meadows]

Hey Marion,

You’ve got a date!

Riley loves adventures, so I’m sure he’ll have a good time. I actually take him to PetSmart with me on his leash and he struts around the place kicking dog-butt whenever he has the opportunity. Last time he took on two dogs at once…and kind of dig this mid-air KungFu jump in between both of them.

He’s a real tough guy…tell those meece that they should be shakin’ in their little mice boots…

[Anonymous]

Bunny, Riley sounds like “The Man”! I’ll tell the mice to get ready. 🙂

To the rest of my Temecula neighbors, what do you guys know about Bear Creek and De Luz? I know that you guys would know this, but Bear Creek is where that Jack Nicholaus (sp?) golf course is. I have associates that worked with me while doing my internship that live in both areas. I’ve never been to either area, all I know is that both psychologists (one man, the other woman) have nice, big homes in those places.

I wonder will these areas come down like the rest of temecula/murrieta and are they oh so nice to live in. From the pics I’ve seen of Bear Creek, it looks wonderful. So, are these places worth the money it costs to live there? Will there be any new construction in either area?

[bearvine]

Nice day in Temecula…Haven’t been on Piggington in a bit, and thought I’d check it out after spending a nice day in Temecula. Before I become bearish about the area, I will start by saying that we had a nice breakfast at South Coast Winery with some decent vino, played Cross Creek (this course was supposed to be the centerpiece of a housing development on the De Luz side that got squashed, and now remains a gem of a golf course undiscovered by most) and then hit the high limit at Pechanga. Again, there are not many places you can do this, and it is a great benefit of living there. Which I do miss to a degree.

Didn’t have time to visit McMillin in Morgan Hill, or Gallery. No need to get their hopes up that we might buy some homes as “investors” which we’ve been pitched to do by EVERY builder in the area for the last year.

Changing the name of Hwy 79 to Temecula Parkway was a nice touch, and more places to go on 79 is nice, and good to see the mall expanding.

Still convinced there is gonna be a big hurt coming. I’ll stand by a previous post, $75 sq ft in Morgan Hill, it can get there. 10% drop for 2008 is conservative and misguided. 20% you can count on. As beautiful as Temecula is, it is just to far away, was too reliant on the RE industry as a whole, and the trickle down effect will hit it hard. No need to get into all of this again though, this area has been covered in previous threads, and if you don’t see it you never will until it is to late.

So let’s talk about the higher end areas a bit.
Many of the wealthy in the area who profited on the RE area over the years are obviously quite concerned. We’ve had friends in the area ask us if we would come in and start speculating again. Nope, not yet. All the higher end plans have gone stagnant, and yes the higher end areas will get hit. The higher end areas were reliant on SD, LA, and OC relocates moving into the area, you can’t sell anywhere now, so no more buyers. How does the saying go, the bigger they are, the harder they fall.

For a rundown of such areas from North to South:

Canyon Lake:
Older parts in the gated area have always kept the best properties down, but they still went crazy with the bubble. Even though waterfront is cool, Lake Elsinore as a whole is dragging it down to the depths.

La Cresta (Murietta):
5 acre lots, horse properties, a bit far for many, but a nice area. This area took off with the bubble as OC, SD, and LA folks were able to sell their 2500 sq ft for a mill, and get a 4000sq ft on 5 acres for that same mill. In 2001 we bought a 5 acre lot for 400k and sold for 500k in a matter of months. This area has been struggling with sales for some time, and yes it will drop significantly. That same 5 acre lot and house that sold for a mill in 01, might’ve sold for 2 and a change at peak, and in the late 90’s could’ve been had for 600k tops. Lot’s of room to fall.

Bear Creek:
Love this area. Was a $100,000 away from living there. I know they wished they sold it to me now. Gated with the only private course and country club in the area, this is where many of the elite and power brokers of the area live. Room to fall? oh yeah. On the east side of Bear Creek, a developer went bad years ago, and those half completed homes still sit there, for years now in the same state, right next to the people that did move in. A Resale in that part can be had cheap as it is the least desirable area within Bear Creek. You have townhomes in the area that sold for 400k in 00 and 01, that were resold at a mill during peak, and some misguided sellers still asf 8-900 for. They are about 3000 sq ft and are nice. There are also smaller condos, and then there are the semi customs and customs.

Meadoview:
Not quite as nice as the above, but it does have some nice homes, is in the middle of Temecula, wide variety to choose from. This area was built up in the 80’s and 90’s when Temecula was dirt roads, so you can imagine what the original costs were, and why this area has so much room for depreciation. Beware the need to replace your septic tank in this area, that has been an issue for a number of people there. About a year ago, we went and lowballed about a dozen homes, all said no way, and everyone would sell today at 10-20% less than I offered.

Area between Meadoview and Nicholas (can’t remember the name of it for the life of me):
Was supposed to be semi custom on 1 acre lots. DEAD.

Wine Country:
This is a big area, and is a matter of lifestyle, what you are looking for etc. Rancon was going to build the area of all areas near the entrance of WC, to coincide with 3 new wineries. As far as the wineries go, I believe that is full steam ahead, but have heard nothing of the res project. It is an ambitious plan, and this was my target for permanent residence. If the same plan is in place, I would look forward to still doing it now at a better price. But they may not have enough buyers regardless. The farther out you go, the older the home, the farther the prices will drop. Not to mention all the spec builders stuck with inventory, they may be happy with 50 cents on the dollar.

DeLuz/Rennaisance Estates
They would love to sell to you. Some homes here are super cool as on a clear day you can see the Pacific to one side, and Temecula to the other. Hard to get to.

Rancho Santiago/Santiago Estates:
Right in town, some nice places. Older the home, farther it will drop. Beware bad septic, and stay away from anything near the proposed hospital. Those properties are already on the cheap, and they’ve been trying to sell for a couple of years with no shot. Coincidentally, these residents (NIMBY) are one reason why the hospital hasn’t broken ground.

That’s something that hasn’t been touched as a pro con, is the inadequate hospital facilities in the area. That hospital on 79 is needed in the worst way, but thanks to politics don’t hold your breath for the opening.

On that note, of all these areas one has to think about emergency services. If you have a heart attack in Bear Creek, Meadowview, Rancho Santiago, chances are you’ll be ok. De Luz, Wine Country outskirts, La Cresta, it might take awhile for the ambulance to get there.

In regards to the higher education center which would’ve been a coup for Temecula that was to be built towards Zevo, that’s quashed and is a dead project.

I still think it’s a great area, but if you want to be safe buying, pay no more that 2001 prices. And I still think there is room to fall from there.

The global economy and recession will be worse than you think. The farther away from an economic center, the worse it will be.

[paramount]

1st of all I agree about the hospital and it seriously pisses me off (the hold up that is). I talked to a Council member around October and he claimed they will break ground in early 2008 – we’ll see.

[bearvine]

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

Also, do any of you know how to pull up the Morgan Valley homes on Redfin or Zillow? Can’t find them using those sites and have to go to an old school mls based site.

[temeculaguy]

The problem with the mapping prograps is that for some reason the roads in Morgan Valley aren’t in Mapquest or any of the major mapping programs that zillow and redfin pull from. Sometimes they put them in the centex tract by the high school on the map, there’s aways a Morgan hill or Morgan Valley on on the same lot. Here’s two

http://www.redfin.com/stingray/do/printable-listing?listing-id=1260042

http://www.redfin.com/stingray/do/printable-listing?listing-id=1363969

Notice the map in the corner, they are both plotted on the same lot on Vianne. It’s pot luck every time I look as to which house will be plotted on that lot. The only ones that show up are the houses on Anza just South of Morgan valley. Some are being Auctioned off, here’s one of them

http://www.ushomeauction.com/property.php?auctionID=H-016&itemID=10300&venueId=64&start=0

[bearvine]

Thanks TG that makes sense.

The auction listing is misleading (surprise) the pictured house is one of the former Pulte models, the home for auction is one of the Pulte homes on Anza with the Pechanga reservation backed up to it. They blew it on those homes by positioning the front of the home to the back of the hill.

[temeculaguy]

I agree about facing the front door into a hill/cliff and having the back of the house face the street. I didn’t know they were Pulte’s I thought some independant builder built six or seven houses. It’s hard to believe that a national builder would blow it so badly, I giggle when I drive by those and think that it could be a Seinfeld episode. George could live there and every vistor would always ask why the house faces this way, George would always claim it’s so there was a view from the back and raise his voice and get mad, then a kid would say “was your house bad, because why is it facing the corner” it’s definately a Seinfeld episode in the making. It would be fun to live there just so when you meet people and give them directions and say “just look for the house that is backwards.”

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139015

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22875690

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139105

[temeculaguy]

I agree about facing the front door into a hill/cliff and having the back of the house face the street. I didn’t know they were Pulte’s I thought some independant builder built six or seven houses. It’s hard to believe that a national builder would blow it so badly, I giggle when I drive by those and think that it could be a Seinfeld episode. George could live there and every vistor would always ask why the house faces this way, George would always claim it’s so there was a view from the back and raise his voice and get mad, then a kid would say “was your house bad, because why is it facing the corner” it’s definately a Seinfeld episode in the making. It would be fun to live there just so when you meet people and give them directions and say “just look for the house that is backwards.”

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139015

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22875690

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139105

[temeculaguy]

I agree about facing the front door into a hill/cliff and having the back of the house face the street. I didn’t know they were Pulte’s I thought some independant builder built six or seven houses. It’s hard to believe that a national builder would blow it so badly, I giggle when I drive by those and think that it could be a Seinfeld episode. George could live there and every vistor would always ask why the house faces this way, George would always claim it’s so there was a view from the back and raise his voice and get mad, then a kid would say “was your house bad, because why is it facing the corner” it’s definately a Seinfeld episode in the making. It would be fun to live there just so when you meet people and give them directions and say “just look for the house that is backwards.”

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139015

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22875690

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139105

[temeculaguy]

I agree about facing the front door into a hill/cliff and having the back of the house face the street. I didn’t know they were Pulte’s I thought some independant builder built six or seven houses. It’s hard to believe that a national builder would blow it so badly, I giggle when I drive by those and think that it could be a Seinfeld episode. George could live there and every vistor would always ask why the house faces this way, George would always claim it’s so there was a view from the back and raise his voice and get mad, then a kid would say “was your house bad, because why is it facing the corner” it’s definately a Seinfeld episode in the making. It would be fun to live there just so when you meet people and give them directions and say “just look for the house that is backwards.”

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139015

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22875690

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139105

[temeculaguy]

I agree about facing the front door into a hill/cliff and having the back of the house face the street. I didn’t know they were Pulte’s I thought some independant builder built six or seven houses. It’s hard to believe that a national builder would blow it so badly, I giggle when I drive by those and think that it could be a Seinfeld episode. George could live there and every vistor would always ask why the house faces this way, George would always claim it’s so there was a view from the back and raise his voice and get mad, then a kid would say “was your house bad, because why is it facing the corner” it’s definately a Seinfeld episode in the making. It would be fun to live there just so when you meet people and give them directions and say “just look for the house that is backwards.”

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139015

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22875690

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=550000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=3&maxprice=800000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=22139105

[paramount]

Morgan Hill @ $75/sf as some have suggested?

This is what I just pulled off the McMillin Website:

Blackstone
34359 Lamborn St Temecula 46 1B 3,284 3 beds/3.5 baths/1 stories 1/10/08 $511,955

Blackstone
44562 Villa Helena St Temecula 59 1AR 3,284 3 beds/3.5 baths/1 stories Now! $508,328

Montevina
33981 Parador St Temecula 123 3BR 3,239 5 beds/3 baths/2 stories Now! $499,000

Montevina
34029 Galleron St Temecula 72 2CR 3,106 4 beds/2.5 baths/2 stories 1/21/08 $479,38

Montevina
34079 Galleron St Temecula 68 3CR 3,239 5 beds/3 baths/2 stories 1/21/08 $487,512

The cheapest is still $150/sf.

I don’t see $75/sf happening at all(@ Morgan Hill).

[bearvine]

In 1992, I bought a home as the market was crashing for $350k from the developer, to keep the prices “up”, and this in an area much more desirable than Temecula.

After closing, I was given a cashiers check for $50k.

At the time I was young and simply thought that was how it worked.

Think that isnt happening or wont happen now?

McMillin is cutting deals right now, have been for awhile, and those prices above are for suckers, and they use it as a sales tool when they offer a serious buyer a deal.

In regards to Morgan Hill, Did you already forget the REO’s that were listed under $120?

I had 3 homes in Morgan Hill at different points, and even in the market peak, many were freaking out because they couldn’t afford their homes. And when we left the last one, there wasn’t a neighbor not feeling the pain and freaking out.

Go back to one of my old posts and watch the LA NBC channel 4 report and see how a Morgan Hill street was panicking months ago. Think they feel any better now?

How about on Tudal, houses dropping and then you got your neighbor with the astroturf? Not fake grass, astroturf front lawn.

Just because many there in Morgan Hill got screwed, and paid 600-700k, and some more, doesn’t mean they are not going to lose their shirts.

Don’t you think the former Greystones just down the street and older rundown Redhawk areas a block away won’t have an impact? You can buy a 4000 sq ft Greystone right now for 400k.

Also, you failed to mention that those same Blackstone homes, some sold for $700+. I have a friend who offered $600k for the plan 3 and was laughed out of the office not to long ago. Now they’ll take a shade over 500k for that. How about in another year?

And what happens when the McMillin sons decide to off the hundreds of graded lots on the cheap, the so called Phase 3 of Morgan Hill?

McMillin claims that they are private and not subject to the same pressures as the public builders. True, but their pockets aren’t as deep, and their holdings are SD based and tell me that market isn’t hurting.

If they decide to get out, and pull the trigger, they will dump all those empty lots to KB, Centex, or some other low end builder and just watch. Not to mention auctioning off what’s left.

The real auctions, not the BS ones that are on now, but when the market gets to the point where the blowout auctions occur as they did in the mid 90’s (in primo areas mind you) that’s when you know we are near the bottom.

Give it a few years. The Reaper is coming.

[temeculaguy]

I’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.

[paramount]

A few months back I went to one of the models in Morgan Hill and the sales rep. sternly stated that they will not lower the prices in order to protect current owners. No, I didn’t buy it at all.

On the other hand, the prices stated above are for the quick move-in homes which are supposedly on sale.

I would love to buy a house up there (like many others), but I bet if I offered 375k on the cheapest house on the list I to would get laughed out of the office.

[Bunny Meadows]

We recently looked at Morgan Hill – a neighborhood called The Meadows.

We were attracted to the larger lots (12000 sf). There was one model that I liked a lot, so I asked the sales agent if that would be sold. She told me if I was prepared to offer $800K they’d be willing to talk. In fact, she told me that they’d sell us the single story sales center itself if we offered $800K. I was really taken aback – the sales office??

The base models (which included choice of flooring and kitchen with granite and SS appliances) were $625K. She told me that the builder had dropped prices by $175 and “would never go any lower than that.”

I didnt believe her. The tax rate is 1.7%

Even at 12000 sf, the houses still felt crowded to me. When I mentioned this, the agent told me I’d probably never be happy in Temecula because “these lots are generous and everythihng else is on lots half this size.” Probably true, but I could still look into the neighbors bedroom from the master bath.

Will be interesting to see how things unfold in the next 6 months or so!

[paramount]

I try to stay away from the “feel” stuff, but being able to look into your neighbors bedroom is pretty typical in So. Cal.

The trick is not to do it.

Personally, I don’t want a big lot – more water and more yard work.

[bearvine]

$108 sq ft in Redhawk…

http://www.redfin.com/stingray/do/printable-listing?listing-id=1394374

Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.

Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.

And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.

What will guarantee it is if McMillin offs those empty lots on the cheap to KB.

[paramount]

That house is almost worth it @ 443k.

[paramount]

That house is almost worth it @ 443k.

[paramount]

That house is almost worth it @ 443k.

[paramount]

That house is almost worth it @ 443k.

[paramount]

That house is almost worth it @ 443k.

[temeculaguy]

Bear, I saw that one in Chelsea Estates come up today, there are bunch of repos in there and the tract has some drawbacks but it is above average. There some priced lower but that is the lowest priced three story (what a cleaning nightmare, two sets of stairs inside and three floors each, one in the front of the house and one in the back, four total flights, enjoy recarpeting and vaccuuming that). I don’t think the rear yard died, I don’t think they ever put one in (built almost five years ago). My point earlier is that the 3-4k sq fters are coming up with low ppsft. but the 2500 sq ft ones are holding above $150 and I doubt they fall below 200k, I’d love it but I doubt it for the better areas. Here is an example of one of the lowest price I’ve seen in one of the nicest tracts in a prime location(rancho madera),

http://www.redfin.com/stingray/do/printable-listing?listing-id=1238329

It doesn’t say but it may be a short, they also chose to kill the garage that is a straight shot from the street in exchange for another room and only have the sideways two car left. It looks recessed so you will never get a single car in there without parking diagonally.

For the most part the repos are 350-425 for 2500-3000 sq ft like this one

http://www.redfin.com/stingray/do/printable-listing?listing-id=1362981

$100 a sq is all I ask for in the right neigborhood in the 2000-2800 size range, if it gets to $75 I guess I will miss it because I will have already bought. There is one more thing as I read the news about B of A buying countrywide and stating they will no longer lend to anyone subprime and may end a lot of the alt a. I can’t help but think that if the enonomy tanks hard, layoffs, $4 gas and lenders not loaning money to anyone except those who are top tier, you may be right and $75 may come sooner than we think if the rest of the economy scoots it along.

[temeculaguy]

Bear, I saw that one in Chelsea Estates come up today, there are bunch of repos in there and the tract has some drawbacks but it is above average. There some priced lower but that is the lowest priced three story (what a cleaning nightmare, two sets of stairs inside and three floors each, one in the front of the house and one in the back, four total flights, enjoy recarpeting and vaccuuming that). I don’t think the rear yard died, I don’t think they ever put one in (built almost five years ago). My point earlier is that the 3-4k sq fters are coming up with low ppsft. but the 2500 sq ft ones are holding above $150 and I doubt they fall below 200k, I’d love it but I doubt it for the better areas. Here is an example of one of the lowest price I’ve seen in one of the nicest tracts in a prime location(rancho madera),

http://www.redfin.com/stingray/do/printable-listing?listing-id=1238329

It doesn’t say but it may be a short, they also chose to kill the garage that is a straight shot from the street in exchange for another room and only have the sideways two car left. It looks recessed so you will never get a single car in there without parking diagonally.

For the most part the repos are 350-425 for 2500-3000 sq ft like this one

http://www.redfin.com/stingray/do/printable-listing?listing-id=1362981

$100 a sq is all I ask for in the right neigborhood in the 2000-2800 size range, if it gets to $75 I guess I will miss it because I will have already bought. There is one more thing as I read the news about B of A buying countrywide and stating they will no longer lend to anyone subprime and may end a lot of the alt a. I can’t help but think that if the enonomy tanks hard, layoffs, $4 gas and lenders not loaning money to anyone except those who are top tier, you may be right and $75 may come sooner than we think if the rest of the economy scoots it along.

[temeculaguy]

Bear, I saw that one in Chelsea Estates come up today, there are bunch of repos in there and the tract has some drawbacks but it is above average. There some priced lower but that is the lowest priced three story (what a cleaning nightmare, two sets of stairs inside and three floors each, one in the front of the house and one in the back, four total flights, enjoy recarpeting and vaccuuming that). I don’t think the rear yard died, I don’t think they ever put one in (built almost five years ago). My point earlier is that the 3-4k sq fters are coming up with low ppsft. but the 2500 sq ft ones are holding above $150 and I doubt they fall below 200k, I’d love it but I doubt it for the better areas. Here is an example of one of the lowest price I’ve seen in one of the nicest tracts in a prime location(rancho madera),

http://www.redfin.com/stingray/do/printable-listing?listing-id=1238329

It doesn’t say but it may be a short, they also chose to kill the garage that is a straight shot from the street in exchange for another room and only have the sideways two car left. It looks recessed so you will never get a single car in there without parking diagonally.

For the most part the repos are 350-425 for 2500-3000 sq ft like this one

http://www.redfin.com/stingray/do/printable-listing?listing-id=1362981

$100 a sq is all I ask for in the right neigborhood in the 2000-2800 size range, if it gets to $75 I guess I will miss it because I will have already bought. There is one more thing as I read the news about B of A buying countrywide and stating they will no longer lend to anyone subprime and may end a lot of the alt a. I can’t help but think that if the enonomy tanks hard, layoffs, $4 gas and lenders not loaning money to anyone except those who are top tier, you may be right and $75 may come sooner than we think if the rest of the economy scoots it along.

[temeculaguy]

Bear, I saw that one in Chelsea Estates come up today, there are bunch of repos in there and the tract has some drawbacks but it is above average. There some priced lower but that is the lowest priced three story (what a cleaning nightmare, two sets of stairs inside and three floors each, one in the front of the house and one in the back, four total flights, enjoy recarpeting and vaccuuming that). I don’t think the rear yard died, I don’t think they ever put one in (built almost five years ago). My point earlier is that the 3-4k sq fters are coming up with low ppsft. but the 2500 sq ft ones are holding above $150 and I doubt they fall below 200k, I’d love it but I doubt it for the better areas. Here is an example of one of the lowest price I’ve seen in one of the nicest tracts in a prime location(rancho madera),

http://www.redfin.com/stingray/do/printable-listing?listing-id=1238329

It doesn’t say but it may be a short, they also chose to kill the garage that is a straight shot from the street in exchange for another room and only have the sideways two car left. It looks recessed so you will never get a single car in there without parking diagonally.

For the most part the repos are 350-425 for 2500-3000 sq ft like this one

http://www.redfin.com/stingray/do/printable-listing?listing-id=1362981

$100 a sq is all I ask for in the right neigborhood in the 2000-2800 size range, if it gets to $75 I guess I will miss it because I will have already bought. There is one more thing as I read the news about B of A buying countrywide and stating they will no longer lend to anyone subprime and may end a lot of the alt a. I can’t help but think that if the enonomy tanks hard, layoffs, $4 gas and lenders not loaning money to anyone except those who are top tier, you may be right and $75 may come sooner than we think if the rest of the economy scoots it along.

[temeculaguy]

Bear, I saw that one in Chelsea Estates come up today, there are bunch of repos in there and the tract has some drawbacks but it is above average. There some priced lower but that is the lowest priced three story (what a cleaning nightmare, two sets of stairs inside and three floors each, one in the front of the house and one in the back, four total flights, enjoy recarpeting and vaccuuming that). I don’t think the rear yard died, I don’t think they ever put one in (built almost five years ago). My point earlier is that the 3-4k sq fters are coming up with low ppsft. but the 2500 sq ft ones are holding above $150 and I doubt they fall below 200k, I’d love it but I doubt it for the better areas. Here is an example of one of the lowest price I’ve seen in one of the nicest tracts in a prime location(rancho madera),

http://www.redfin.com/stingray/do/printable-listing?listing-id=1238329

It doesn’t say but it may be a short, they also chose to kill the garage that is a straight shot from the street in exchange for another room and only have the sideways two car left. It looks recessed so you will never get a single car in there without parking diagonally.

For the most part the repos are 350-425 for 2500-3000 sq ft like this one

http://www.redfin.com/stingray/do/printable-listing?listing-id=1362981

$100 a sq is all I ask for in the right neigborhood in the 2000-2800 size range, if it gets to $75 I guess I will miss it because I will have already bought. There is one more thing as I read the news about B of A buying countrywide and stating they will no longer lend to anyone subprime and may end a lot of the alt a. I can’t help but think that if the enonomy tanks hard, layoffs, $4 gas and lenders not loaning money to anyone except those who are top tier, you may be right and $75 may come sooner than we think if the rest of the economy scoots it along.

[bearvine]

$108 sq ft in Redhawk…

http://www.redfin.com/stingray/do/printable-listing?listing-id=1394374

Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.

Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.

And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.

What will guarantee it is if McMillin offs those empty lots on the cheap to KB.

[bearvine]

$108 sq ft in Redhawk…

http://www.redfin.com/stingray/do/printable-listing?listing-id=1394374

Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.

Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.

And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.

What will guarantee it is if McMillin offs those empty lots on the cheap to KB.

[bearvine]

$108 sq ft in Redhawk…

http://www.redfin.com/stingray/do/printable-listing?listing-id=1394374

Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.

Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.

And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.

What will guarantee it is if McMillin offs those empty lots on the cheap to KB.

[bearvine]

$108 sq ft in Redhawk…

http://www.redfin.com/stingray/do/printable-listing?listing-id=1394374

Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.

Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.

And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.

What will guarantee it is if McMillin offs those empty lots on the cheap to KB.

[paramount]

I try to stay away from the “feel” stuff, but being able to look into your neighbors bedroom is pretty typical in So. Cal.

The trick is not to do it.

Personally, I don’t want a big lot – more water and more yard work.

[paramount]

I try to stay away from the “feel” stuff, but being able to look into your neighbors bedroom is pretty typical in So. Cal.

The trick is not to do it.

Personally, I don’t want a big lot – more water and more yard work.

[paramount]

I try to stay away from the “feel” stuff, but being able to look into your neighbors bedroom is pretty typical in So. Cal.

The trick is not to do it.

Personally, I don’t want a big lot – more water and more yard work.

[paramount]

I try to stay away from the “feel” stuff, but being able to look into your neighbors bedroom is pretty typical in So. Cal.

The trick is not to do it.

Personally, I don’t want a big lot – more water and more yard work.

[Bunny Meadows]

We recently looked at Morgan Hill – a neighborhood called The Meadows.

We were attracted to the larger lots (12000 sf). There was one model that I liked a lot, so I asked the sales agent if that would be sold. She told me if I was prepared to offer $800K they’d be willing to talk. In fact, she told me that they’d sell us the single story sales center itself if we offered $800K. I was really taken aback – the sales office??

The base models (which included choice of flooring and kitchen with granite and SS appliances) were $625K. She told me that the builder had dropped prices by $175 and “would never go any lower than that.”

I didnt believe her. The tax rate is 1.7%

Even at 12000 sf, the houses still felt crowded to me. When I mentioned this, the agent told me I’d probably never be happy in Temecula because “these lots are generous and everythihng else is on lots half this size.” Probably true, but I could still look into the neighbors bedroom from the master bath.

Will be interesting to see how things unfold in the next 6 months or so!

[Bunny Meadows]

We recently looked at Morgan Hill – a neighborhood called The Meadows.

We were attracted to the larger lots (12000 sf). There was one model that I liked a lot, so I asked the sales agent if that would be sold. She told me if I was prepared to offer $800K they’d be willing to talk. In fact, she told me that they’d sell us the single story sales center itself if we offered $800K. I was really taken aback – the sales office??

The base models (which included choice of flooring and kitchen with granite and SS appliances) were $625K. She told me that the builder had dropped prices by $175 and “would never go any lower than that.”

I didnt believe her. The tax rate is 1.7%

Even at 12000 sf, the houses still felt crowded to me. When I mentioned this, the agent told me I’d probably never be happy in Temecula because “these lots are generous and everythihng else is on lots half this size.” Probably true, but I could still look into the neighbors bedroom from the master bath.

Will be interesting to see how things unfold in the next 6 months or so!

[Bunny Meadows]

We recently looked at Morgan Hill – a neighborhood called The Meadows.

We were attracted to the larger lots (12000 sf). There was one model that I liked a lot, so I asked the sales agent if that would be sold. She told me if I was prepared to offer $800K they’d be willing to talk. In fact, she told me that they’d sell us the single story sales center itself if we offered $800K. I was really taken aback – the sales office??

The base models (which included choice of flooring and kitchen with granite and SS appliances) were $625K. She told me that the builder had dropped prices by $175 and “would never go any lower than that.”

I didnt believe her. The tax rate is 1.7%

Even at 12000 sf, the houses still felt crowded to me. When I mentioned this, the agent told me I’d probably never be happy in Temecula because “these lots are generous and everythihng else is on lots half this size.” Probably true, but I could still look into the neighbors bedroom from the master bath.

Will be interesting to see how things unfold in the next 6 months or so!

[Bunny Meadows]

We recently looked at Morgan Hill – a neighborhood called The Meadows.

We were attracted to the larger lots (12000 sf). There was one model that I liked a lot, so I asked the sales agent if that would be sold. She told me if I was prepared to offer $800K they’d be willing to talk. In fact, she told me that they’d sell us the single story sales center itself if we offered $800K. I was really taken aback – the sales office??

The base models (which included choice of flooring and kitchen with granite and SS appliances) were $625K. She told me that the builder had dropped prices by $175 and “would never go any lower than that.”

I didnt believe her. The tax rate is 1.7%

Even at 12000 sf, the houses still felt crowded to me. When I mentioned this, the agent told me I’d probably never be happy in Temecula because “these lots are generous and everythihng else is on lots half this size.” Probably true, but I could still look into the neighbors bedroom from the master bath.

Will be interesting to see how things unfold in the next 6 months or so!

[paramount]

A few months back I went to one of the models in Morgan Hill and the sales rep. sternly stated that they will not lower the prices in order to protect current owners. No, I didn’t buy it at all.

On the other hand, the prices stated above are for the quick move-in homes which are supposedly on sale.

I would love to buy a house up there (like many others), but I bet if I offered 375k on the cheapest house on the list I to would get laughed out of the office.

[paramount]

A few months back I went to one of the models in Morgan Hill and the sales rep. sternly stated that they will not lower the prices in order to protect current owners. No, I didn’t buy it at all.

On the other hand, the prices stated above are for the quick move-in homes which are supposedly on sale.

I would love to buy a house up there (like many others), but I bet if I offered 375k on the cheapest house on the list I to would get laughed out of the office.

[paramount]

A few months back I went to one of the models in Morgan Hill and the sales rep. sternly stated that they will not lower the prices in order to protect current owners. No, I didn’t buy it at all.

On the other hand, the prices stated above are for the quick move-in homes which are supposedly on sale.

I would love to buy a house up there (like many others), but I bet if I offered 375k on the cheapest house on the list I to would get laughed out of the office.

[paramount]

A few months back I went to one of the models in Morgan Hill and the sales rep. sternly stated that they will not lower the prices in order to protect current owners. No, I didn’t buy it at all.

On the other hand, the prices stated above are for the quick move-in homes which are supposedly on sale.

I would love to buy a house up there (like many others), but I bet if I offered 375k on the cheapest house on the list I to would get laughed out of the office.

[temeculaguy]

I’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.

[temeculaguy]

I’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.

[temeculaguy]

I’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.

[temeculaguy]

I’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.

[bearvine]

In 1992, I bought a home as the market was crashing for $350k from the developer, to keep the prices “up”, and this in an area much more desirable than Temecula.

After closing, I was given a cashiers check for $50k.

At the time I was young and simply thought that was how it worked.

Think that isnt happening or wont happen now?

McMillin is cutting deals right now, have been for awhile, and those prices above are for suckers, and they use it as a sales tool when they offer a serious buyer a deal.

In regards to Morgan Hill, Did you already forget the REO’s that were listed under $120?

I had 3 homes in Morgan Hill at different points, and even in the market peak, many were freaking out because they couldn’t afford their homes. And when we left the last one, there wasn’t a neighbor not feeling the pain and freaking out.

Go back to one of my old posts and watch the LA NBC channel 4 report and see how a Morgan Hill street was panicking months ago. Think they feel any better now?

How about on Tudal, houses dropping and then you got your neighbor with the astroturf? Not fake grass, astroturf front lawn.

Just because many there in Morgan Hill got screwed, and paid 600-700k, and some more, doesn’t mean they are not going to lose their shirts.

Don’t you think the former Greystones just down the street and older rundown Redhawk areas a block away won’t have an impact? You can buy a 4000 sq ft Greystone right now for 400k.

Also, you failed to mention that those same Blackstone homes, some sold for $700+. I have a friend who offered $600k for the plan 3 and was laughed out of the office not to long ago. Now they’ll take a shade over 500k for that. How about in another year?

And what happens when the McMillin sons decide to off the hundreds of graded lots on the cheap, the so called Phase 3 of Morgan Hill?

McMillin claims that they are private and not subject to the same pressures as the public builders. True, but their pockets aren’t as deep, and their holdings are SD based and tell me that market isn’t hurting.

If they decide to get out, and pull the trigger, they will dump all those empty lots to KB, Centex, or some other low end builder and just watch. Not to mention auctioning off what’s left.

The real auctions, not the BS ones that are on now, but when the market gets to the point where the blowout auctions occur as they did in the mid 90’s (in primo areas mind you) that’s when you know we are near the bottom.

Give it a few years. The Reaper is coming.

[bearvine]

In 1992, I bought a home as the market was crashing for $350k from the developer, to keep the prices “up”, and this in an area much more desirable than Temecula.

After closing, I was given a cashiers check for $50k.

At the time I was young and simply thought that was how it worked.

Think that isnt happening or wont happen now?

McMillin is cutting deals right now, have been for awhile, and those prices above are for suckers, and they use it as a sales tool when they offer a serious buyer a deal.

In regards to Morgan Hill, Did you already forget the REO’s that were listed under $120?

I had 3 homes in Morgan Hill at different points, and even in the market peak, many were freaking out because they couldn’t afford their homes. And when we left the last one, there wasn’t a neighbor not feeling the pain and freaking out.

Go back to one of my old posts and watch the LA NBC channel 4 report and see how a Morgan Hill street was panicking months ago. Think they feel any better now?

How about on Tudal, houses dropping and then you got your neighbor with the astroturf? Not fake grass, astroturf front lawn.

Just because many there in Morgan Hill got screwed, and paid 600-700k, and some more, doesn’t mean they are not going to lose their shirts.

Don’t you think the former Greystones just down the street and older rundown Redhawk areas a block away won’t have an impact? You can buy a 4000 sq ft Greystone right now for 400k.

Also, you failed to mention that those same Blackstone homes, some sold for $700+. I have a friend who offered $600k for the plan 3 and was laughed out of the office not to long ago. Now they’ll take a shade over 500k for that. How about in another year?

And what happens when the McMillin sons decide to off the hundreds of graded lots on the cheap, the so called Phase 3 of Morgan Hill?

McMillin claims that they are private and not subject to the same pressures as the public builders. True, but their pockets aren’t as deep, and their holdings are SD based and tell me that market isn’t hurting.

If they decide to get out, and pull the trigger, they will dump all those empty lots to KB, Centex, or some other low end builder and just watch. Not to mention auctioning off what’s left.

The real auctions, not the BS ones that are on now, but when the market gets to the point where the blowout auctions occur as they did in the mid 90’s (in primo areas mind you) that’s when you know we are near the bottom.

Give it a few years. The Reaper is coming.

[bearvine]

In 1992, I bought a home as the market was crashing for $350k from the developer, to keep the prices “up”, and this in an area much more desirable than Temecula.

After closing, I was given a cashiers check for $50k.

At the time I was young and simply thought that was how it worked.

Think that isnt happening or wont happen now?

McMillin is cutting deals right now, have been for awhile, and those prices above are for suckers, and they use it as a sales tool when they offer a serious buyer a deal.

In regards to Morgan Hill, Did you already forget the REO’s that were listed under $120?

I had 3 homes in Morgan Hill at different points, and even in the market peak, many were freaking out because they couldn’t afford their homes. And when we left the last one, there wasn’t a neighbor not feeling the pain and freaking out.

Go back to one of my old posts and watch the LA NBC channel 4 report and see how a Morgan Hill street was panicking months ago. Think they feel any better now?

How about on Tudal, houses dropping and then you got your neighbor with the astroturf? Not fake grass, astroturf front lawn.

Just because many there in Morgan Hill got screwed, and paid 600-700k, and some more, doesn’t mean they are not going to lose their shirts.

Don’t you think the former Greystones just down the street and older rundown Redhawk areas a block away won’t have an impact? You can buy a 4000 sq ft Greystone right now for 400k.

Also, you failed to mention that those same Blackstone homes, some sold for $700+. I have a friend who offered $600k for the plan 3 and was laughed out of the office not to long ago. Now they’ll take a shade over 500k for that. How about in another year?

And what happens when the McMillin sons decide to off the hundreds of graded lots on the cheap, the so called Phase 3 of Morgan Hill?

McMillin claims that they are private and not subject to the same pressures as the public builders. True, but their pockets aren’t as deep, and their holdings are SD based and tell me that market isn’t hurting.

If they decide to get out, and pull the trigger, they will dump all those empty lots to KB, Centex, or some other low end builder and just watch. Not to mention auctioning off what’s left.

The real auctions, not the BS ones that are on now, but when the market gets to the point where the blowout auctions occur as they did in the mid 90’s (in primo areas mind you) that’s when you know we are near the bottom.

Give it a few years. The Reaper is coming.

[bearvine]

In 1992, I bought a home as the market was crashing for $350k from the developer, to keep the prices “up”, and this in an area much more desirable than Temecula.

After closing, I was given a cashiers check for $50k.

At the time I was young and simply thought that was how it worked.

Think that isnt happening or wont happen now?

McMillin is cutting deals right now, have been for awhile, and those prices above are for suckers, and they use it as a sales tool when they offer a serious buyer a deal.

In regards to Morgan Hill, Did you already forget the REO’s that were listed under $120?

I had 3 homes in Morgan Hill at different points, and even in the market peak, many were freaking out because they couldn’t afford their homes. And when we left the last one, there wasn’t a neighbor not feeling the pain and freaking out.

Go back to one of my old posts and watch the LA NBC channel 4 report and see how a Morgan Hill street was panicking months ago. Think they feel any better now?

How about on Tudal, houses dropping and then you got your neighbor with the astroturf? Not fake grass, astroturf front lawn.

Just because many there in Morgan Hill got screwed, and paid 600-700k, and some more, doesn’t mean they are not going to lose their shirts.

Don’t you think the former Greystones just down the street and older rundown Redhawk areas a block away won’t have an impact? You can buy a 4000 sq ft Greystone right now for 400k.

Also, you failed to mention that those same Blackstone homes, some sold for $700+. I have a friend who offered $600k for the plan 3 and was laughed out of the office not to long ago. Now they’ll take a shade over 500k for that. How about in another year?

And what happens when the McMillin sons decide to off the hundreds of graded lots on the cheap, the so called Phase 3 of Morgan Hill?

McMillin claims that they are private and not subject to the same pressures as the public builders. True, but their pockets aren’t as deep, and their holdings are SD based and tell me that market isn’t hurting.

If they decide to get out, and pull the trigger, they will dump all those empty lots to KB, Centex, or some other low end builder and just watch. Not to mention auctioning off what’s left.

The real auctions, not the BS ones that are on now, but when the market gets to the point where the blowout auctions occur as they did in the mid 90’s (in primo areas mind you) that’s when you know we are near the bottom.

Give it a few years. The Reaper is coming.

[paramount]

Morgan Hill @ $75/sf as some have suggested?

This is what I just pulled off the McMillin Website:

Blackstone
34359 Lamborn St Temecula 46 1B 3,284 3 beds/3.5 baths/1 stories 1/10/08 $511,955

Blackstone
44562 Villa Helena St Temecula 59 1AR 3,284 3 beds/3.5 baths/1 stories Now! $508,328

Montevina
33981 Parador St Temecula 123 3BR 3,239 5 beds/3 baths/2 stories Now! $499,000

Montevina
34029 Galleron St Temecula 72 2CR 3,106 4 beds/2.5 baths/2 stories 1/21/08 $479,38

Montevina
34079 Galleron St Temecula 68 3CR 3,239 5 beds/3 baths/2 stories 1/21/08 $487,512

The cheapest is still $150/sf.

I don’t see $75/sf happening at all(@ Morgan Hill).

[paramount]

Morgan Hill @ $75/sf as some have suggested?

This is what I just pulled off the McMillin Website:

Blackstone
34359 Lamborn St Temecula 46 1B 3,284 3 beds/3.5 baths/1 stories 1/10/08 $511,955

Blackstone
44562 Villa Helena St Temecula 59 1AR 3,284 3 beds/3.5 baths/1 stories Now! $508,328

Montevina
33981 Parador St Temecula 123 3BR 3,239 5 beds/3 baths/2 stories Now! $499,000

Montevina
34029 Galleron St Temecula 72 2CR 3,106 4 beds/2.5 baths/2 stories 1/21/08 $479,38

Montevina
34079 Galleron St Temecula 68 3CR 3,239 5 beds/3 baths/2 stories 1/21/08 $487,512

The cheapest is still $150/sf.

I don’t see $75/sf happening at all(@ Morgan Hill).

[paramount]

Morgan Hill @ $75/sf as some have suggested?

This is what I just pulled off the McMillin Website:

Blackstone
34359 Lamborn St Temecula 46 1B 3,284 3 beds/3.5 baths/1 stories 1/10/08 $511,955

Blackstone
44562 Villa Helena St Temecula 59 1AR 3,284 3 beds/3.5 baths/1 stories Now! $508,328

Montevina
33981 Parador St Temecula 123 3BR 3,239 5 beds/3 baths/2 stories Now! $499,000

Montevina
34029 Galleron St Temecula 72 2CR 3,106 4 beds/2.5 baths/2 stories 1/21/08 $479,38

Montevina
34079 Galleron St Temecula 68 3CR 3,239 5 beds/3 baths/2 stories 1/21/08 $487,512

The cheapest is still $150/sf.

I don’t see $75/sf happening at all(@ Morgan Hill).

[paramount]

Morgan Hill @ $75/sf as some have suggested?

This is what I just pulled off the McMillin Website:

Blackstone
34359 Lamborn St Temecula 46 1B 3,284 3 beds/3.5 baths/1 stories 1/10/08 $511,955

Blackstone
44562 Villa Helena St Temecula 59 1AR 3,284 3 beds/3.5 baths/1 stories Now! $508,328

Montevina
33981 Parador St Temecula 123 3BR 3,239 5 beds/3 baths/2 stories Now! $499,000

Montevina
34029 Galleron St Temecula 72 2CR 3,106 4 beds/2.5 baths/2 stories 1/21/08 $479,38

Montevina
34079 Galleron St Temecula 68 3CR 3,239 5 beds/3 baths/2 stories 1/21/08 $487,512

The cheapest is still $150/sf.

I don’t see $75/sf happening at all(@ Morgan Hill).

[bearvine]

Thanks TG that makes sense.

The auction listing is misleading (surprise) the pictured house is one of the former Pulte models, the home for auction is one of the Pulte homes on Anza with the Pechanga reservation backed up to it. They blew it on those homes by positioning the front of the home to the back of the hill.

[bearvine]

Thanks TG that makes sense.

The auction listing is misleading (surprise) the pictured house is one of the former Pulte models, the home for auction is one of the Pulte homes on Anza with the Pechanga reservation backed up to it. They blew it on those homes by positioning the front of the home to the back of the hill.

[bearvine]

Thanks TG that makes sense.

The auction listing is misleading (surprise) the pictured house is one of the former Pulte models, the home for auction is one of the Pulte homes on Anza with the Pechanga reservation backed up to it. They blew it on those homes by positioning the front of the home to the back of the hill.

[bearvine]

Thanks TG that makes sense.

The auction listing is misleading (surprise) the pictured house is one of the former Pulte models, the home for auction is one of the Pulte homes on Anza with the Pechanga reservation backed up to it. They blew it on those homes by positioning the front of the home to the back of the hill.

[temeculaguy]

The problem with the mapping prograps is that for some reason the roads in Morgan Valley aren’t in Mapquest or any of the major mapping programs that zillow and redfin pull from. Sometimes they put them in the centex tract by the high school on the map, there’s aways a Morgan hill or Morgan Valley on on the same lot. Here’s two

http://www.redfin.com/stingray/do/printable-listing?listing-id=1260042

http://www.redfin.com/stingray/do/printable-listing?listing-id=1363969

Notice the map in the corner, they are both plotted on the same lot on Vianne. It’s pot luck every time I look as to which house will be plotted on that lot. The only ones that show up are the houses on Anza just South of Morgan valley. Some are being Auctioned off, here’s one of them

http://www.ushomeauction.com/property.php?auctionID=H-016&itemID=10300&venueId=64&start=0

[temeculaguy]

The problem with the mapping prograps is that for some reason the roads in Morgan Valley aren’t in Mapquest or any of the major mapping programs that zillow and redfin pull from. Sometimes they put them in the centex tract by the high school on the map, there’s aways a Morgan hill or Morgan Valley on on the same lot. Here’s two

http://www.redfin.com/stingray/do/printable-listing?listing-id=1260042

http://www.redfin.com/stingray/do/printable-listing?listing-id=1363969

Notice the map in the corner, they are both plotted on the same lot on Vianne. It’s pot luck every time I look as to which house will be plotted on that lot. The only ones that show up are the houses on Anza just South of Morgan valley. Some are being Auctioned off, here’s one of them

http://www.ushomeauction.com/property.php?auctionID=H-016&itemID=10300&venueId=64&start=0

[temeculaguy]

The problem with the mapping prograps is that for some reason the roads in Morgan Valley aren’t in Mapquest or any of the major mapping programs that zillow and redfin pull from. Sometimes they put them in the centex tract by the high school on the map, there’s aways a Morgan hill or Morgan Valley on on the same lot. Here’s two

http://www.redfin.com/stingray/do/printable-listing?listing-id=1260042

http://www.redfin.com/stingray/do/printable-listing?listing-id=1363969

Notice the map in the corner, they are both plotted on the same lot on Vianne. It’s pot luck every time I look as to which house will be plotted on that lot. The only ones that show up are the houses on Anza just South of Morgan valley. Some are being Auctioned off, here’s one of them

http://www.ushomeauction.com/property.php?auctionID=H-016&itemID=10300&venueId=64&start=0

[temeculaguy]

The problem with the mapping prograps is that for some reason the roads in Morgan Valley aren’t in Mapquest or any of the major mapping programs that zillow and redfin pull from. Sometimes they put them in the centex tract by the high school on the map, there’s aways a Morgan hill or Morgan Valley on on the same lot. Here’s two

http://www.redfin.com/stingray/do/printable-listing?listing-id=1260042

http://www.redfin.com/stingray/do/printable-listing?listing-id=1363969

Notice the map in the corner, they are both plotted on the same lot on Vianne. It’s pot luck every time I look as to which house will be plotted on that lot. The only ones that show up are the houses on Anza just South of Morgan valley. Some are being Auctioned off, here’s one of them

http://www.ushomeauction.com/property.php?auctionID=H-016&itemID=10300&venueId=64&start=0

[Anonymous]

Submitted by bearvine on January 4, 2008 – 10:33pm.

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

I’d like to know what they’re gonna do with this site. I drive by this site everyday, it’s near my house. Is the builder/developer going to sell it to another builder? There is already a big clubhouse built. I wonder if they’re gonna tear that down then?

[Anonymous]

Submitted by bearvine on January 4, 2008 – 10:33pm.

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

I’d like to know what they’re gonna do with this site. I drive by this site everyday, it’s near my house. Is the builder/developer going to sell it to another builder? There is already a big clubhouse built. I wonder if they’re gonna tear that down then?

[Anonymous]

Submitted by bearvine on January 4, 2008 – 10:33pm.

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

I’d like to know what they’re gonna do with this site. I drive by this site everyday, it’s near my house. Is the builder/developer going to sell it to another builder? There is already a big clubhouse built. I wonder if they’re gonna tear that down then?

[Anonymous]

Submitted by bearvine on January 4, 2008 – 10:33pm.

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

I’d like to know what they’re gonna do with this site. I drive by this site everyday, it’s near my house. Is the builder/developer going to sell it to another builder? There is already a big clubhouse built. I wonder if they’re gonna tear that down then?

[Anonymous]

Submitted by bearvine on January 4, 2008 – 10:33pm.

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

I’d like to know what they’re gonna do with this site. I drive by this site everyday, it’s near my house. Is the builder/developer going to sell it to another builder? There is already a big clubhouse built. I wonder if they’re gonna tear that down then?

[bearvine]

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

Also, do any of you know how to pull up the Morgan Valley homes on Redfin or Zillow? Can’t find them using those sites and have to go to an old school mls based site.

[bearvine]

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

Also, do any of you know how to pull up the Morgan Valley homes on Redfin or Zillow? Can’t find them using those sites and have to go to an old school mls based site.

[bearvine]

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

Also, do any of you know how to pull up the Morgan Valley homes on Redfin or Zillow? Can’t find them using those sites and have to go to an old school mls based site.

[bearvine]

Roripaugh Ranch was the name of the 1 acre sites that got quashed…

Also, do any of you know how to pull up the Morgan Valley homes on Redfin or Zillow? Can’t find them using those sites and have to go to an old school mls based site.

[paramount]

1st of all I agree about the hospital and it seriously pisses me off (the hold up that is). I talked to a Council member around October and he claimed they will break ground in early 2008 – we’ll see.

[paramount]

1st of all I agree about the hospital and it seriously pisses me off (the hold up that is). I talked to a Council member around October and he claimed they will break ground in early 2008 – we’ll see.

[paramount]

1st of all I agree about the hospital and it seriously pisses me off (the hold up that is). I talked to a Council member around October and he claimed they will break ground in early 2008 – we’ll see.

[paramount]

1st of all I agree about the hospital and it seriously pisses me off (the hold up that is). I talked to a Council member around October and he claimed they will break ground in early 2008 – we’ll see.

[cashflow]

We’ve considered moving to Temecula…and maybe into a home with some land…what do you locals think about Los Ranchitos. Recently I’m seeing big depreciation there. I liked the local as it’s as far south in Tem as you get, it’s acreage, and it’s in town…let me know what you know of this area. Bearvine, seems you really know the nicer areas…why wasn’t this on your list? Just curious. I also had looked in La Cresta/De Luz, but the inconvenience of being out there would concern me (especially with fire danger).

Also, can you all fill me in on the details of the planned hospital…I hope it’s not run by the same ridiculous group that has the 2 HORRIBLE hospitals in Murrieta! My mother in law went to emergency there once and it was absurd! Not having a good hospital in the area is a huge deterent for me, so I’m really interested on this hospital you all were talking about!

[temeculaguy]

Los Ranchitos is very nice, stay away from the hospital and don’t worry it is a differnet outfit that is supposed to run it. Be wary of your one time experience when compared to overall satisfaction, hospitals routinely change hands, at one point scripps ran one and sharp ran the other, I’ve had nothing but good experiences there but I don’t expect much much from a small place, the new one will be much larger

[temeculaguy]

Los Ranchitos is very nice, stay away from the hospital and don’t worry it is a differnet outfit that is supposed to run it. Be wary of your one time experience when compared to overall satisfaction, hospitals routinely change hands, at one point scripps ran one and sharp ran the other, I’ve had nothing but good experiences there but I don’t expect much much from a small place, the new one will be much larger

[temeculaguy]

Los Ranchitos is very nice, stay away from the hospital and don’t worry it is a differnet outfit that is supposed to run it. Be wary of your one time experience when compared to overall satisfaction, hospitals routinely change hands, at one point scripps ran one and sharp ran the other, I’ve had nothing but good experiences there but I don’t expect much much from a small place, the new one will be much larger

[temeculaguy]

Los Ranchitos is very nice, stay away from the hospital and don’t worry it is a differnet outfit that is supposed to run it. Be wary of your one time experience when compared to overall satisfaction, hospitals routinely change hands, at one point scripps ran one and sharp ran the other, I’ve had nothing but good experiences there but I don’t expect much much from a small place, the new one will be much larger

[temeculaguy]

Los Ranchitos is very nice, stay away from the hospital and don’t worry it is a differnet outfit that is supposed to run it. Be wary of your one time experience when compared to overall satisfaction, hospitals routinely change hands, at one point scripps ran one and sharp ran the other, I’ve had nothing but good experiences there but I don’t expect much much from a small place, the new one will be much larger

[bearvine]

Cashflow: I meant to lump Los Ranchitos into the Santiago Estates area. You will see big depreciation in the area, as it is a well established area that’s been there awhile. Many of the residents are now older folk, who can sell at a steep discount and still make money based on their original buy price. Though one might argue that it’s far less than they could’ve got in 04-06, it’s still better to take something off the table than nothing.

We did have unpleasant experiences in the aforementioned emergency rooms of both hospitals, and there is no argument that those facilities are taxed to the max. That is one facet I do not miss about the area.

If and when the new hospital gets built, it will be managed by the same group.

[Anonymous]

Bearvine, Hi. Isn’t it true that in terms of property values, it isn’t a good idea to buy a house around the hospital? Wherever it will be built, I’m not buying around there.

I mean, I think you will have all kind of undesirables, sick people, etc. hanging around there. Not to mention traffic and ambulance noise going off at all hours. Right?

[paramount]

I guess it depends how near “around” a hospital one is…in my case I am about 1 mile up the hill from the hospital.

It will be a large hospital with nearly 350 beds, is sorely needed and I don’t really care who is running it at this point – but the parent company is Universal (Southwestern).

Both Rancho Springs and Inland have or are in progress of expanding which is also good.

In the great Temecula tradition, houses impacted by the hospital will be mitigated by Pepper Tree plantings.

[Anonymous]

I stopped in Wolf Creek today, and honestly I don’t see what the big deal is. The casino was visible from the Lennar models I toured and it looked and felt sleazy. The salesperson was sleazy. She was a liar, looking for a sucker. I’m not going to elaborate, but I cannot believe how she presented herself trying to sell $400k homes.

The only positive I saw concerning Wolf Creek is a better commute if one worked in San Diego.

[paramount]

There are other positives I think: clubhouse, pool, new schools. Wolf Creek also truly does get a consistent westerly (marine?) based breeze which is nice in the summer.

[Anonymous]

paramount, yeah, you’re right about that. The HOA is only $43 dollars a month. That’s a nice low amount.

[hipmatt]

marion, you’ve just summarized wolf creek. You are right. I don’t see it as being that much closer to San Diego as say someone off of Rancho CA rd anyways. maybe 2 miles or 2 minutes.

[hipmatt]

marion, you’ve just summarized wolf creek. You are right. I don’t see it as being that much closer to San Diego as say someone off of Rancho CA rd anyways. maybe 2 miles or 2 minutes.

[hipmatt]

marion, you’ve just summarized wolf creek. You are right. I don’t see it as being that much closer to San Diego as say someone off of Rancho CA rd anyways. maybe 2 miles or 2 minutes.

[hipmatt]

marion, you’ve just summarized wolf creek. You are right. I don’t see it as being that much closer to San Diego as say someone off of Rancho CA rd anyways. maybe 2 miles or 2 minutes.

[hipmatt]

marion, you’ve just summarized wolf creek. You are right. I don’t see it as being that much closer to San Diego as say someone off of Rancho CA rd anyways. maybe 2 miles or 2 minutes.

[Anonymous]

paramount, yeah, you’re right about that. The HOA is only $43 dollars a month. That’s a nice low amount.

[Anonymous]

paramount, yeah, you’re right about that. The HOA is only $43 dollars a month. That’s a nice low amount.

[Anonymous]

paramount, yeah, you’re right about that. The HOA is only $43 dollars a month. That’s a nice low amount.

[Anonymous]

paramount, yeah, you’re right about that. The HOA is only $43 dollars a month. That’s a nice low amount.

[paramount]

There are other positives I think: clubhouse, pool, new schools. Wolf Creek also truly does get a consistent westerly (marine?) based breeze which is nice in the summer.

[paramount]

There are other positives I think: clubhouse, pool, new schools. Wolf Creek also truly does get a consistent westerly (marine?) based breeze which is nice in the summer.

[paramount]

There are other positives I think: clubhouse, pool, new schools. Wolf Creek also truly does get a consistent westerly (marine?) based breeze which is nice in the summer.

[paramount]

There are other positives I think: clubhouse, pool, new schools. Wolf Creek also truly does get a consistent westerly (marine?) based breeze which is nice in the summer.

[halftrojan]

Marion,

May I ask what development that was? Redwood by any chance?

[paramount]

Other Wolf Creek comments:

1. I imagine it will be a long time before it is ever complete – so if you buy in Wolf Creek in an unfinished community it will probably stay that way for sometime

2. I believe the HOA is currently subsidized by builders to keep it artificially low. It will probably go up.

That being said, I do like Redwood, some parts of Laurel, the Lennar community is pretty nice as well I think.

[paramount]

Marion: One thing I learned about dealing with Sales Rep’s – yes they are generally dirtballs, and they will tell you just about anything – but I don’t let that bother me.

As long as I am informed and getting what I want those sales people have no impact on me personally – it’s all business.

[paramount]

Marion: One thing I learned about dealing with Sales Rep’s – yes they are generally dirtballs, and they will tell you just about anything – but I don’t let that bother me.

As long as I am informed and getting what I want those sales people have no impact on me personally – it’s all business.

[paramount]

Marion: One thing I learned about dealing with Sales Rep’s – yes they are generally dirtballs, and they will tell you just about anything – but I don’t let that bother me.

As long as I am informed and getting what I want those sales people have no impact on me personally – it’s all business.

[paramount]

Marion: One thing I learned about dealing with Sales Rep’s – yes they are generally dirtballs, and they will tell you just about anything – but I don’t let that bother me.

As long as I am informed and getting what I want those sales people have no impact on me personally – it’s all business.

[paramount]

Marion: One thing I learned about dealing with Sales Rep’s – yes they are generally dirtballs, and they will tell you just about anything – but I don’t let that bother me.

As long as I am informed and getting what I want those sales people have no impact on me personally – it’s all business.

[paramount]

Other Wolf Creek comments:

1. I imagine it will be a long time before it is ever complete – so if you buy in Wolf Creek in an unfinished community it will probably stay that way for sometime

2. I believe the HOA is currently subsidized by builders to keep it artificially low. It will probably go up.

That being said, I do like Redwood, some parts of Laurel, the Lennar community is pretty nice as well I think.

[paramount]

Other Wolf Creek comments:

1. I imagine it will be a long time before it is ever complete – so if you buy in Wolf Creek in an unfinished community it will probably stay that way for sometime

2. I believe the HOA is currently subsidized by builders to keep it artificially low. It will probably go up.

That being said, I do like Redwood, some parts of Laurel, the Lennar community is pretty nice as well I think.

[paramount]

Other Wolf Creek comments:

1. I imagine it will be a long time before it is ever complete – so if you buy in Wolf Creek in an unfinished community it will probably stay that way for sometime

2. I believe the HOA is currently subsidized by builders to keep it artificially low. It will probably go up.

That being said, I do like Redwood, some parts of Laurel, the Lennar community is pretty nice as well I think.

[paramount]

Other Wolf Creek comments:

1. I imagine it will be a long time before it is ever complete – so if you buy in Wolf Creek in an unfinished community it will probably stay that way for sometime

2. I believe the HOA is currently subsidized by builders to keep it artificially low. It will probably go up.

That being said, I do like Redwood, some parts of Laurel, the Lennar community is pretty nice as well I think.

[halftrojan]

Marion,

May I ask what development that was? Redwood by any chance?

[halftrojan]

Marion,

May I ask what development that was? Redwood by any chance?

[halftrojan]

Marion,

May I ask what development that was? Redwood by any chance?

[halftrojan]

Marion,

May I ask what development that was? Redwood by any chance?

[Anonymous]

I stopped in Wolf Creek today, and honestly I don’t see what the big deal is. The casino was visible from the Lennar models I toured and it looked and felt sleazy. The salesperson was sleazy. She was a liar, looking for a sucker. I’m not going to elaborate, but I cannot believe how she presented herself trying to sell $400k homes.

The only positive I saw concerning Wolf Creek is a better commute if one worked in San Diego.

[Anonymous]

I stopped in Wolf Creek today, and honestly I don’t see what the big deal is. The casino was visible from the Lennar models I toured and it looked and felt sleazy. The salesperson was sleazy. She was a liar, looking for a sucker. I’m not going to elaborate, but I cannot believe how she presented herself trying to sell $400k homes.

The only positive I saw concerning Wolf Creek is a better commute if one worked in San Diego.

[Anonymous]

I stopped in Wolf Creek today, and honestly I don’t see what the big deal is. The casino was visible from the Lennar models I toured and it looked and felt sleazy. The salesperson was sleazy. She was a liar, looking for a sucker. I’m not going to elaborate, but I cannot believe how she presented herself trying to sell $400k homes.

The only positive I saw concerning Wolf Creek is a better commute if one worked in San Diego.

[Anonymous]

I stopped in Wolf Creek today, and honestly I don’t see what the big deal is. The casino was visible from the Lennar models I toured and it looked and felt sleazy. The salesperson was sleazy. She was a liar, looking for a sucker. I’m not going to elaborate, but I cannot believe how she presented herself trying to sell $400k homes.

The only positive I saw concerning Wolf Creek is a better commute if one worked in San Diego.

[paramount]

I guess it depends how near “around” a hospital one is…in my case I am about 1 mile up the hill from the hospital.

It will be a large hospital with nearly 350 beds, is sorely needed and I don’t really care who is running it at this point – but the parent company is Universal (Southwestern).

Both Rancho Springs and Inland have or are in progress of expanding which is also good.

In the great Temecula tradition, houses impacted by the hospital will be mitigated by Pepper Tree plantings.

[paramount]

I guess it depends how near “around” a hospital one is…in my case I am about 1 mile up the hill from the hospital.

It will be a large hospital with nearly 350 beds, is sorely needed and I don’t really care who is running it at this point – but the parent company is Universal (Southwestern).

Both Rancho Springs and Inland have or are in progress of expanding which is also good.

In the great Temecula tradition, houses impacted by the hospital will be mitigated by Pepper Tree plantings.

[paramount]

I guess it depends how near “around” a hospital one is…in my case I am about 1 mile up the hill from the hospital.

It will be a large hospital with nearly 350 beds, is sorely needed and I don’t really care who is running it at this point – but the parent company is Universal (Southwestern).

Both Rancho Springs and Inland have or are in progress of expanding which is also good.

In the great Temecula tradition, houses impacted by the hospital will be mitigated by Pepper Tree plantings.

[paramount]

I guess it depends how near “around” a hospital one is…in my case I am about 1 mile up the hill from the hospital.

It will be a large hospital with nearly 350 beds, is sorely needed and I don’t really care who is running it at this point – but the parent company is Universal (Southwestern).

Both Rancho Springs and Inland have or are in progress of expanding which is also good.

In the great Temecula tradition, houses impacted by the hospital will be mitigated by Pepper Tree plantings.

[Anonymous]

Bearvine, Hi. Isn’t it true that in terms of property values, it isn’t a good idea to buy a house around the hospital? Wherever it will be built, I’m not buying around there.

I mean, I think you will have all kind of undesirables, sick people, etc. hanging around there. Not to mention traffic and ambulance noise going off at all hours. Right?

[Anonymous]

Bearvine, Hi. Isn’t it true that in terms of property values, it isn’t a good idea to buy a house around the hospital? Wherever it will be built, I’m not buying around there.

I mean, I think you will have all kind of undesirables, sick people, etc. hanging around there. Not to mention traffic and ambulance noise going off at all hours. Right?

[Anonymous]

Bearvine, Hi. Isn’t it true that in terms of property values, it isn’t a good idea to buy a house around the hospital? Wherever it will be built, I’m not buying around there.

I mean, I think you will have all kind of undesirables, sick people, etc. hanging around there. Not to mention traffic and ambulance noise going off at all hours. Right?

[Anonymous]

Bearvine, Hi. Isn’t it true that in terms of property values, it isn’t a good idea to buy a house around the hospital? Wherever it will be built, I’m not buying around there.

I mean, I think you will have all kind of undesirables, sick people, etc. hanging around there. Not to mention traffic and ambulance noise going off at all hours. Right?

[bearvine]

Cashflow: I meant to lump Los Ranchitos into the Santiago Estates area. You will see big depreciation in the area, as it is a well established area that’s been there awhile. Many of the residents are now older folk, who can sell at a steep discount and still make money based on their original buy price. Though one might argue that it’s far less than they could’ve got in 04-06, it’s still better to take something off the table than nothing.

We did have unpleasant experiences in the aforementioned emergency rooms of both hospitals, and there is no argument that those facilities are taxed to the max. That is one facet I do not miss about the area.

If and when the new hospital gets built, it will be managed by the same group.

[bearvine]

Cashflow: I meant to lump Los Ranchitos into the Santiago Estates area. You will see big depreciation in the area, as it is a well established area that’s been there awhile. Many of the residents are now older folk, who can sell at a steep discount and still make money based on their original buy price. Though one might argue that it’s far less than they could’ve got in 04-06, it’s still better to take something off the table than nothing.

We did have unpleasant experiences in the aforementioned emergency rooms of both hospitals, and there is no argument that those facilities are taxed to the max. That is one facet I do not miss about the area.

If and when the new hospital gets built, it will be managed by the same group.

[bearvine]

Cashflow: I meant to lump Los Ranchitos into the Santiago Estates area. You will see big depreciation in the area, as it is a well established area that’s been there awhile. Many of the residents are now older folk, who can sell at a steep discount and still make money based on their original buy price. Though one might argue that it’s far less than they could’ve got in 04-06, it’s still better to take something off the table than nothing.

We did have unpleasant experiences in the aforementioned emergency rooms of both hospitals, and there is no argument that those facilities are taxed to the max. That is one facet I do not miss about the area.

If and when the new hospital gets built, it will be managed by the same group.

[bearvine]

Cashflow: I meant to lump Los Ranchitos into the Santiago Estates area. You will see big depreciation in the area, as it is a well established area that’s been there awhile. Many of the residents are now older folk, who can sell at a steep discount and still make money based on their original buy price. Though one might argue that it’s far less than they could’ve got in 04-06, it’s still better to take something off the table than nothing.

We did have unpleasant experiences in the aforementioned emergency rooms of both hospitals, and there is no argument that those facilities are taxed to the max. That is one facet I do not miss about the area.

If and when the new hospital gets built, it will be managed by the same group.

[cashflow]

We’ve considered moving to Temecula…and maybe into a home with some land…what do you locals think about Los Ranchitos. Recently I’m seeing big depreciation there. I liked the local as it’s as far south in Tem as you get, it’s acreage, and it’s in town…let me know what you know of this area. Bearvine, seems you really know the nicer areas…why wasn’t this on your list? Just curious. I also had looked in La Cresta/De Luz, but the inconvenience of being out there would concern me (especially with fire danger).

Also, can you all fill me in on the details of the planned hospital…I hope it’s not run by the same ridiculous group that has the 2 HORRIBLE hospitals in Murrieta! My mother in law went to emergency there once and it was absurd! Not having a good hospital in the area is a huge deterent for me, so I’m really interested on this hospital you all were talking about!

[cashflow]

We’ve considered moving to Temecula…and maybe into a home with some land…what do you locals think about Los Ranchitos. Recently I’m seeing big depreciation there. I liked the local as it’s as far south in