auction today

[temeculaguy]

Marion, 2700 sq ft wasn’t available in the late 1990’s in certain parts of Redhawk for 200k, so it won’t be this time around. If you want a place in French Valley, Wildomar or parts of Temecula and Murrieta then you may find that or something close to that price but if you are picky about the particular area, development or tract, then expect to pay more. It is that way in an up or down market. It was like that 10 years and 20 years ago. I’m closing in on 20 years owning in various parts of the Valley and I can tell you that there has and always will be variance from area to area within the valley. Some houses are built better than others, some neighborhoods hold up better, so you may find 2700 for 200k but I wont. I’m not an elitist, hell I live in Temecula, I just know where I call home and where I like living, where my peeps are, and I’m not driving more than a mile even if it is cheaper. Personally I don’t want 2700 sq ft, unfortunately the tracts in the area I want to be in run a little large so a compromise is in order and that compromise will probably end up with me having more house than I really need.

On your gender roles thread, I didn’t post because I was a major player in the threads where guys whose wives were pushing them to buy. Quite frankly, it was some of my best work. I don’t feel like taking a beating for my insight, observations and words, I have ex-wives that fill that need in my life.

[temeculaguy]

I will buy sooner than 2010 but not because I am an idiot or because anyone is pushing me. I will do it because markets are different, the Temecula market will fall before the San Diego market and because I will have already filed two tax returns without itemizing and my rent will equal my potential mortgage at some point. If I pay 2k for rent and can buy the same place for 250k to 300k, then I have arrived at the balance I had hoped for. I’ll be paying the same after taxes to rent as to buy, anything after that is moot. I’m not in the business and for my primary residence affordability is more important than profitablity. If it tanks after that, I’ll cost average down and buy a second one. Speculation is fun but it is just that, if I can buy a house and afford it on one week’s gross pay, it’s silly to not just pull the trigger, at some point even bears have to come out of the cave.

[temeculaguy]

I will buy sooner than 2010 but not because I am an idiot or because anyone is pushing me. I will do it because markets are different, the Temecula market will fall before the San Diego market and because I will have already filed two tax returns without itemizing and my rent will equal my potential mortgage at some point. If I pay 2k for rent and can buy the same place for 250k to 300k, then I have arrived at the balance I had hoped for. I’ll be paying the same after taxes to rent as to buy, anything after that is moot. I’m not in the business and for my primary residence affordability is more important than profitablity. If it tanks after that, I’ll cost average down and buy a second one. Speculation is fun but it is just that, if I can buy a house and afford it on one week’s gross pay, it’s silly to not just pull the trigger, at some point even bears have to come out of the cave.

[temeculaguy]

I will buy sooner than 2010 but not because I am an idiot or because anyone is pushing me. I will do it because markets are different, the Temecula market will fall before the San Diego market and because I will have already filed two tax returns without itemizing and my rent will equal my potential mortgage at some point. If I pay 2k for rent and can buy the same place for 250k to 300k, then I have arrived at the balance I had hoped for. I’ll be paying the same after taxes to rent as to buy, anything after that is moot. I’m not in the business and for my primary residence affordability is more important than profitablity. If it tanks after that, I’ll cost average down and buy a second one. Speculation is fun but it is just that, if I can buy a house and afford it on one week’s gross pay, it’s silly to not just pull the trigger, at some point even bears have to come out of the cave.

[temeculaguy]

I will buy sooner than 2010 but not because I am an idiot or because anyone is pushing me. I will do it because markets are different, the Temecula market will fall before the San Diego market and because I will have already filed two tax returns without itemizing and my rent will equal my potential mortgage at some point. If I pay 2k for rent and can buy the same place for 250k to 300k, then I have arrived at the balance I had hoped for. I’ll be paying the same after taxes to rent as to buy, anything after that is moot. I’m not in the business and for my primary residence affordability is more important than profitablity. If it tanks after that, I’ll cost average down and buy a second one. Speculation is fun but it is just that, if I can buy a house and afford it on one week’s gross pay, it’s silly to not just pull the trigger, at some point even bears have to come out of the cave.

[temeculaguy]

I will buy sooner than 2010 but not because I am an idiot or because anyone is pushing me. I will do it because markets are different, the Temecula market will fall before the San Diego market and because I will have already filed two tax returns without itemizing and my rent will equal my potential mortgage at some point. If I pay 2k for rent and can buy the same place for 250k to 300k, then I have arrived at the balance I had hoped for. I’ll be paying the same after taxes to rent as to buy, anything after that is moot. I’m not in the business and for my primary residence affordability is more important than profitablity. If it tanks after that, I’ll cost average down and buy a second one. Speculation is fun but it is just that, if I can buy a house and afford it on one week’s gross pay, it’s silly to not just pull the trigger, at some point even bears have to come out of the cave.

[5yes]

Sorry, we rented a movie and turned off the computer last night. Yes, it was the house on Longfellow. It needed lots of work, according to the neighbors the previous owners went through a divorce and the ex hubby got pissed and took a sledgehammer to the walls, granite, thermostart, etc. Maybe Marion knew him??? Hehe, just kidding Marion. Gotta go, the kids are hungry and my husband is busy doing the dishes 🙂

[5yes]

Sorry, we rented a movie and turned off the computer last night. Yes, it was the house on Longfellow. It needed lots of work, according to the neighbors the previous owners went through a divorce and the ex hubby got pissed and took a sledgehammer to the walls, granite, thermostart, etc. Maybe Marion knew him??? Hehe, just kidding Marion. Gotta go, the kids are hungry and my husband is busy doing the dishes 🙂

[5yes]

Sorry, we rented a movie and turned off the computer last night. Yes, it was the house on Longfellow. It needed lots of work, according to the neighbors the previous owners went through a divorce and the ex hubby got pissed and took a sledgehammer to the walls, granite, thermostart, etc. Maybe Marion knew him??? Hehe, just kidding Marion. Gotta go, the kids are hungry and my husband is busy doing the dishes 🙂

[5yes]

Sorry, we rented a movie and turned off the computer last night. Yes, it was the house on Longfellow. It needed lots of work, according to the neighbors the previous owners went through a divorce and the ex hubby got pissed and took a sledgehammer to the walls, granite, thermostart, etc. Maybe Marion knew him??? Hehe, just kidding Marion. Gotta go, the kids are hungry and my husband is busy doing the dishes 🙂

[5yes]

Sorry, we rented a movie and turned off the computer last night. Yes, it was the house on Longfellow. It needed lots of work, according to the neighbors the previous owners went through a divorce and the ex hubby got pissed and took a sledgehammer to the walls, granite, thermostart, etc. Maybe Marion knew him??? Hehe, just kidding Marion. Gotta go, the kids are hungry and my husband is busy doing the dishes 🙂

[drunkle]

“There will be plenty more like this.. There is currently a 2900 sq ft home in Menifee for $310K built in 2005
Lender foreclosed at $465K…”

this is what i was referring to… auction or not, that’s gotta be indicative of where things are heading, particularly in light of how far along this ride we’ve gone…

while peak prices may have been in 05, 04-06 has been relatively flat while the majority of drops have occured this year… that home price roller coaster vid comes to mind where we’re on the steepest part of the descent…

[drunkle]

“There will be plenty more like this.. There is currently a 2900 sq ft home in Menifee for $310K built in 2005
Lender foreclosed at $465K…”

this is what i was referring to… auction or not, that’s gotta be indicative of where things are heading, particularly in light of how far along this ride we’ve gone…

while peak prices may have been in 05, 04-06 has been relatively flat while the majority of drops have occured this year… that home price roller coaster vid comes to mind where we’re on the steepest part of the descent…

[drunkle]

“There will be plenty more like this.. There is currently a 2900 sq ft home in Menifee for $310K built in 2005
Lender foreclosed at $465K…”

this is what i was referring to… auction or not, that’s gotta be indicative of where things are heading, particularly in light of how far along this ride we’ve gone…

while peak prices may have been in 05, 04-06 has been relatively flat while the majority of drops have occured this year… that home price roller coaster vid comes to mind where we’re on the steepest part of the descent…

[drunkle]

“There will be plenty more like this.. There is currently a 2900 sq ft home in Menifee for $310K built in 2005
Lender foreclosed at $465K…”

this is what i was referring to… auction or not, that’s gotta be indicative of where things are heading, particularly in light of how far along this ride we’ve gone…

while peak prices may have been in 05, 04-06 has been relatively flat while the majority of drops have occured this year… that home price roller coaster vid comes to mind where we’re on the steepest part of the descent…

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