we rent a house on 5 acres in temecula for 1700.00 for the last 2.5 years. I think it last sold for 650k. comparable homes seem to go for about 450k now. The rate of price decrease of homes on land seems to be slower than the price drop on tract homes. Is this because they tend to be held by people who can hold on longer? Will they eventually drop to price loss rates comparable to tract homes? I’d love to buy the house we’re in, but couldn’t see paying even 450k, because it’s so far in excess of our rent. any insights into land in temecula area would truly be appreciated
Prices on acreage homes in the Temecula Valley are and will fall further.. My theory is that they are lagging compared to the regular tract home values. A few things to consider, most homes like this require longer commutes, and more maintenance. This will eventually play a role in the values.
Prices on acreage homes in the Temecula Valley are and will fall further.. My theory is that they are lagging compared to the regular tract home values. A few things to consider, most homes like this require longer commutes, and more maintenance. This will eventually play a role in the values.
Prices on acreage homes in the Temecula Valley are and will fall further.. My theory is that they are lagging compared to the regular tract home values. A few things to consider, most homes like this require longer commutes, and more maintenance. This will eventually play a role in the values.
Prices on acreage homes in the Temecula Valley are and will fall further.. My theory is that they are lagging compared to the regular tract home values. A few things to consider, most homes like this require longer commutes, and more maintenance. This will eventually play a role in the values.
Prices on acreage homes in the Temecula Valley are and will fall further.. My theory is that they are lagging compared to the regular tract home values. A few things to consider, most homes like this require longer commutes, and more maintenance. This will eventually play a role in the values.
They will go down 30-50% off their peak like everything else…back to 2002 prices… But if you are looking at prices below tract homes, forget it. There are too many retiring babyboomers that love houses with land.
They will go down 30-50% off their peak like everything else…back to 2002 prices… But if you are looking at prices below tract homes, forget it. There are too many retiring babyboomers that love houses with land.
They will go down 30-50% off their peak like everything else…back to 2002 prices… But if you are looking at prices below tract homes, forget it. There are too many retiring babyboomers that love houses with land.
They will go down 30-50% off their peak like everything else…back to 2002 prices… But if you are looking at prices below tract homes, forget it. There are too many retiring babyboomers that love houses with land.
