50% off is the regular price.

[Coronita]

[quote=Nor-LA-SD-guy]
That low to mid 200’s price for 2500 sqf in T.V.
is a distressed price, I don’t think anyone would willing sell one to you for that nor could they build you one.

[/quote]

Let’s put it this way… How many of you would buy a SFH home that is 2500sqft in CV/LJ/DelMar if the price is $400k-$500k right now (either as a primary or as an investment)???

(Raises hand…)

Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..

[ralphfurley]

[quote=temeculaguy]I’ll try an analogy….
[/quote]:D

[ralphfurley]

[quote=temeculaguy]I’ll try an analogy….
[/quote]:D

[ralphfurley]

[quote=temeculaguy]I’ll try an analogy….
[/quote]:D

[ralphfurley]

[quote=temeculaguy]I’ll try an analogy….
[/quote]:D

[ralphfurley]

[quote=temeculaguy]I’ll try an analogy….
[/quote]:D

[patientrenter]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]

I too have a price range at which I am happy to pull the trigger. But the real estate cycle is nothing more than a gradual change in the numbers of people on either side of moving price barriers. So I don’t think that it’s a static game. As time goes on, more people will move their price triggers down, and fewer people will remain at the higher price points. Same happened on the way up. I wouldn’t base my estimates of the bottom of the market on my own personal tiggers.

[patientrenter]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]

I too have a price range at which I am happy to pull the trigger. But the real estate cycle is nothing more than a gradual change in the numbers of people on either side of moving price barriers. So I don’t think that it’s a static game. As time goes on, more people will move their price triggers down, and fewer people will remain at the higher price points. Same happened on the way up. I wouldn’t base my estimates of the bottom of the market on my own personal tiggers.

[patientrenter]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]

I too have a price range at which I am happy to pull the trigger. But the real estate cycle is nothing more than a gradual change in the numbers of people on either side of moving price barriers. So I don’t think that it’s a static game. As time goes on, more people will move their price triggers down, and fewer people will remain at the higher price points. Same happened on the way up. I wouldn’t base my estimates of the bottom of the market on my own personal tiggers.

[patientrenter]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]

I too have a price range at which I am happy to pull the trigger. But the real estate cycle is nothing more than a gradual change in the numbers of people on either side of moving price barriers. So I don’t think that it’s a static game. As time goes on, more people will move their price triggers down, and fewer people will remain at the higher price points. Same happened on the way up. I wouldn’t base my estimates of the bottom of the market on my own personal tiggers.

[patientrenter]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]

I too have a price range at which I am happy to pull the trigger. But the real estate cycle is nothing more than a gradual change in the numbers of people on either side of moving price barriers. So I don’t think that it’s a static game. As time goes on, more people will move their price triggers down, and fewer people will remain at the higher price points. Same happened on the way up. I wouldn’t base my estimates of the bottom of the market on my own personal tiggers.

[ralphfurley]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]
Maybe you wouldn’t wait for a bottom, but if you know the price-point will move downward in a couple months, would you wait? I think most people would. Some wouldn’t.

I waited to get an LCD monitor for my computer when they first came out. Knowing they would come down in price eventually. Is it cheaper now, from when I bought mine? Sure, but I think the price has leveled off some.

When people are comfortable buying again, they will buy. Personally, I don’t think the majority of folks are anywhere near that point.

On a side note, has anyone seen the prices for houses near lake Perris? Four year old homes are in the $50/sq ft range. Can they get cheaper than that? I know it’s Perris, but still…

http://www.redfin.com/CA/Perris/3715-Garland-St-92571/home/17329317

http://www.redfin.com/CA/Perris/3577-Pyramid-Trl-92570/home/6615826

[ralphfurley]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]
Maybe you wouldn’t wait for a bottom, but if you know the price-point will move downward in a couple months, would you wait? I think most people would. Some wouldn’t.

I waited to get an LCD monitor for my computer when they first came out. Knowing they would come down in price eventually. Is it cheaper now, from when I bought mine? Sure, but I think the price has leveled off some.

When people are comfortable buying again, they will buy. Personally, I don’t think the majority of folks are anywhere near that point.

On a side note, has anyone seen the prices for houses near lake Perris? Four year old homes are in the $50/sq ft range. Can they get cheaper than that? I know it’s Perris, but still…

http://www.redfin.com/CA/Perris/3715-Garland-St-92571/home/17329317

http://www.redfin.com/CA/Perris/3577-Pyramid-Trl-92570/home/6615826

[ralphfurley]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]
Maybe you wouldn’t wait for a bottom, but if you know the price-point will move downward in a couple months, would you wait? I think most people would. Some wouldn’t.

I waited to get an LCD monitor for my computer when they first came out. Knowing they would come down in price eventually. Is it cheaper now, from when I bought mine? Sure, but I think the price has leveled off some.

When people are comfortable buying again, they will buy. Personally, I don’t think the majority of folks are anywhere near that point.

On a side note, has anyone seen the prices for houses near lake Perris? Four year old homes are in the $50/sq ft range. Can they get cheaper than that? I know it’s Perris, but still…

http://www.redfin.com/CA/Perris/3715-Garland-St-92571/home/17329317

http://www.redfin.com/CA/Perris/3577-Pyramid-Trl-92570/home/6615826

[ralphfurley]

[quote=flu]
Anyway, it’s irrelevant of what folks I think or other folks think what home prices will/won’t go to.
I have a target range that I’m willing and able to afford a home that i want for my next purpose, game on. Otherwise, pass. I’m not going to wait for the magic “bottom” because who knows where that will end up or how long. I could be dead by then..
[/quote]
Maybe you wouldn’t wait for a bottom, but if you know the price-point will move downward in a couple months, would you wait? I think most people would. Some wouldn’t.

I waited to get an LCD monitor for my computer when they first came out. Knowing they would come down in price eventually. Is it cheaper now, from when I bought mine? Sure, but I think the price has leveled off some.

When people are comfortable buying again, they will buy. Personally, I don’t think the majority of folks are anywhere near that point.

On a side note, has anyone seen the prices for houses near lake Perris? Four year old homes are in the $50/sq ft range. Can they get cheaper than that? I know it’s Perris, but still…

http://www.redfin.com/CA/Perris/3715-Garland-St-92571/home/17329317

http://www.redfin.com/CA/Perris/3577-Pyramid-Trl-92570/home/6615826

[Author]

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