20 new homes to be bulldozed in Temecula (signaling a bottom:)

[Rt.66]

Its important to note that they are not bulldozing the entire neighborhoods, just some model homes and unfinished homes. So they are still on the hook for the infrastructure because of the completed and sold houses.

The Gov. is handing out billions to recondition REOs, surely if the houses had much value at all they would negotiate with the city to save this waste.

[UCGal]

[quote=urod][quote=Rt.66]
This is odd. So many contractors are out of work right now that they are bidding jobs at 1/2 the rates of 2006. Construction materials have come way down. [/quote]
Contractor do not bid jobs at 1/2 the rates of 2006. They still trying to charge their imaginary
year 2006 rates ($200-$300/h). I know that for sure – building a house in RB. And they prefer to be on unemployment, but not to work at normal rates.
And there are quite a few vacant burned lots for sale in RB with no permit fees, no school fees ( at least $40,000 value) to build. And they are still do nothing.[/quote]
I can confirm this. Contractors, are still bidding at delusional prices. And we interviewed contractors that were based up in Riverside. They’re semi-hungry – willing to commute. But not willing to drop their 2006 prices. We’re holding off on doing more projects because of it.

[UCGal]

[quote=urod][quote=Rt.66]
This is odd. So many contractors are out of work right now that they are bidding jobs at 1/2 the rates of 2006. Construction materials have come way down. [/quote]
Contractor do not bid jobs at 1/2 the rates of 2006. They still trying to charge their imaginary
year 2006 rates ($200-$300/h). I know that for sure – building a house in RB. And they prefer to be on unemployment, but not to work at normal rates.
And there are quite a few vacant burned lots for sale in RB with no permit fees, no school fees ( at least $40,000 value) to build. And they are still do nothing.[/quote]
I can confirm this. Contractors, are still bidding at delusional prices. And we interviewed contractors that were based up in Riverside. They’re semi-hungry – willing to commute. But not willing to drop their 2006 prices. We’re holding off on doing more projects because of it.

[UCGal]

[quote=urod][quote=Rt.66]
This is odd. So many contractors are out of work right now that they are bidding jobs at 1/2 the rates of 2006. Construction materials have come way down. [/quote]
Contractor do not bid jobs at 1/2 the rates of 2006. They still trying to charge their imaginary
year 2006 rates ($200-$300/h). I know that for sure – building a house in RB. And they prefer to be on unemployment, but not to work at normal rates.
And there are quite a few vacant burned lots for sale in RB with no permit fees, no school fees ( at least $40,000 value) to build. And they are still do nothing.[/quote]
I can confirm this. Contractors, are still bidding at delusional prices. And we interviewed contractors that were based up in Riverside. They’re semi-hungry – willing to commute. But not willing to drop their 2006 prices. We’re holding off on doing more projects because of it.

[UCGal]

[quote=urod][quote=Rt.66]
This is odd. So many contractors are out of work right now that they are bidding jobs at 1/2 the rates of 2006. Construction materials have come way down. [/quote]
Contractor do not bid jobs at 1/2 the rates of 2006. They still trying to charge their imaginary
year 2006 rates ($200-$300/h). I know that for sure – building a house in RB. And they prefer to be on unemployment, but not to work at normal rates.
And there are quite a few vacant burned lots for sale in RB with no permit fees, no school fees ( at least $40,000 value) to build. And they are still do nothing.[/quote]
I can confirm this. Contractors, are still bidding at delusional prices. And we interviewed contractors that were based up in Riverside. They’re semi-hungry – willing to commute. But not willing to drop their 2006 prices. We’re holding off on doing more projects because of it.

[UCGal]

[quote=urod][quote=Rt.66]
This is odd. So many contractors are out of work right now that they are bidding jobs at 1/2 the rates of 2006. Construction materials have come way down. [/quote]
Contractor do not bid jobs at 1/2 the rates of 2006. They still trying to charge their imaginary
year 2006 rates ($200-$300/h). I know that for sure – building a house in RB. And they prefer to be on unemployment, but not to work at normal rates.
And there are quite a few vacant burned lots for sale in RB with no permit fees, no school fees ( at least $40,000 value) to build. And they are still do nothing.[/quote]
I can confirm this. Contractors, are still bidding at delusional prices. And we interviewed contractors that were based up in Riverside. They’re semi-hungry – willing to commute. But not willing to drop their 2006 prices. We’re holding off on doing more projects because of it.

[Aecetia]

I agree. I was looking for a mason to repair a wall and the bid came in at $100. a foot. I am also holding off until the price comes down.

[Aecetia]

I agree. I was looking for a mason to repair a wall and the bid came in at $100. a foot. I am also holding off until the price comes down.

[Aecetia]

I agree. I was looking for a mason to repair a wall and the bid came in at $100. a foot. I am also holding off until the price comes down.

[Aecetia]

I agree. I was looking for a mason to repair a wall and the bid came in at $100. a foot. I am also holding off until the price comes down.

[Aecetia]

I agree. I was looking for a mason to repair a wall and the bid came in at $100. a foot. I am also holding off until the price comes down.

[Rt.66]

I read Bruce Norris saying he is getting contractors to do work on his Riverside Co. jobs at $25 an hour. That’s cheap.

In the context of this thread, we are speaking of how much a builder could get contractors to complete unfinished homes for. I’m guessing they would get bids similar to Norris and better bids than small jobs with huge commutes would generate.

[Rt.66]

I read Bruce Norris saying he is getting contractors to do work on his Riverside Co. jobs at $25 an hour. That’s cheap.

In the context of this thread, we are speaking of how much a builder could get contractors to complete unfinished homes for. I’m guessing they would get bids similar to Norris and better bids than small jobs with huge commutes would generate.

[Rt.66]

I read Bruce Norris saying he is getting contractors to do work on his Riverside Co. jobs at $25 an hour. That’s cheap.

In the context of this thread, we are speaking of how much a builder could get contractors to complete unfinished homes for. I’m guessing they would get bids similar to Norris and better bids than small jobs with huge commutes would generate.

[Rt.66]

I read Bruce Norris saying he is getting contractors to do work on his Riverside Co. jobs at $25 an hour. That’s cheap.

In the context of this thread, we are speaking of how much a builder could get contractors to complete unfinished homes for. I’m guessing they would get bids similar to Norris and better bids than small jobs with huge commutes would generate.

[Author]

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