How is the market in Temecula/Murrieta?

[scaredyclassic]

actually, the more i think about it, it is impossible for anyone to credibly say how a market really is; ther eis too much insane manipulation to even make a statement. hell prices could be double next year and i wouldnt be surprised, or half; interest rates could be .2 %, there could be a $50,000 federal tax credit and I wouldn’t be amazed. who the hell knows how the market is? no one. it’s not really a market.

[bearvine]

Haven’t been out to Temecula area for some time, or to this site for that matter.

Was just curious as to what happened in the Morgan Hill area.

What did McMillin do?

Anyone building on those lots? If so who (send links) and how much?

To any old school Temecula Piggingtons- Wondering if my price per sq ft predictions came close.

Has the HOA been able to maintain the clubhouse and facilities?

Thanks in advance-

[bearvine]

Haven’t been out to Temecula area for some time, or to this site for that matter.

Was just curious as to what happened in the Morgan Hill area.

What did McMillin do?

Anyone building on those lots? If so who (send links) and how much?

To any old school Temecula Piggingtons- Wondering if my price per sq ft predictions came close.

Has the HOA been able to maintain the clubhouse and facilities?

Thanks in advance-

[bearvine]

Haven’t been out to Temecula area for some time, or to this site for that matter.

Was just curious as to what happened in the Morgan Hill area.

What did McMillin do?

Anyone building on those lots? If so who (send links) and how much?

To any old school Temecula Piggingtons- Wondering if my price per sq ft predictions came close.

Has the HOA been able to maintain the clubhouse and facilities?

Thanks in advance-

[bearvine]

Haven’t been out to Temecula area for some time, or to this site for that matter.

Was just curious as to what happened in the Morgan Hill area.

What did McMillin do?

Anyone building on those lots? If so who (send links) and how much?

To any old school Temecula Piggingtons- Wondering if my price per sq ft predictions came close.

Has the HOA been able to maintain the clubhouse and facilities?

Thanks in advance-

[bearvine]

Haven’t been out to Temecula area for some time, or to this site for that matter.

Was just curious as to what happened in the Morgan Hill area.

What did McMillin do?

Anyone building on those lots? If so who (send links) and how much?

To any old school Temecula Piggingtons- Wondering if my price per sq ft predictions came close.

Has the HOA been able to maintain the clubhouse and facilities?

Thanks in advance-

[bearvine]

About the economy-

At some point you have to deploy capital, and everyone needs a place to live, but do not be fooled.

The economy as a whole will get worse, and truly the only reason why they are pushing health care reform, super train, etc. is to spend money and to hopefully create jobs and put band aids on gaping open wounds.

There are a LOT of people living in California in their homes who have not paid their mortgage in months. There are plenty who know how to play the “game” and have been there for a year to 18 months.

I can go on and on, but it is too depressing. So make what money you can, wherever you can.

[bearvine]

About the economy-

At some point you have to deploy capital, and everyone needs a place to live, but do not be fooled.

The economy as a whole will get worse, and truly the only reason why they are pushing health care reform, super train, etc. is to spend money and to hopefully create jobs and put band aids on gaping open wounds.

There are a LOT of people living in California in their homes who have not paid their mortgage in months. There are plenty who know how to play the “game” and have been there for a year to 18 months.

I can go on and on, but it is too depressing. So make what money you can, wherever you can.

[bearvine]

About the economy-

At some point you have to deploy capital, and everyone needs a place to live, but do not be fooled.

The economy as a whole will get worse, and truly the only reason why they are pushing health care reform, super train, etc. is to spend money and to hopefully create jobs and put band aids on gaping open wounds.

There are a LOT of people living in California in their homes who have not paid their mortgage in months. There are plenty who know how to play the “game” and have been there for a year to 18 months.

I can go on and on, but it is too depressing. So make what money you can, wherever you can.

[bearvine]

About the economy-

At some point you have to deploy capital, and everyone needs a place to live, but do not be fooled.

The economy as a whole will get worse, and truly the only reason why they are pushing health care reform, super train, etc. is to spend money and to hopefully create jobs and put band aids on gaping open wounds.

There are a LOT of people living in California in their homes who have not paid their mortgage in months. There are plenty who know how to play the “game” and have been there for a year to 18 months.

I can go on and on, but it is too depressing. So make what money you can, wherever you can.

[bearvine]

About the economy-

At some point you have to deploy capital, and everyone needs a place to live, but do not be fooled.

The economy as a whole will get worse, and truly the only reason why they are pushing health care reform, super train, etc. is to spend money and to hopefully create jobs and put band aids on gaping open wounds.

There are a LOT of people living in California in their homes who have not paid their mortgage in months. There are plenty who know how to play the “game” and have been there for a year to 18 months.

I can go on and on, but it is too depressing. So make what money you can, wherever you can.

[ralphfurley]

I browse Redfin a lot in that area and have seen home prices in the Murrieta area drop since 2008 (not as much in Temecula from what I have seen).

The rates were higher back then (around 6%) and the inventory was much much higher. Though rates are lower (maybe not for long) and prices are lower, the quality of home doesn’t seem to be there any more. Anything that shows well (and is priced well) will have multiple bids on it and sell easily (most likely to the cash bidder).

I’ve seen many of the low end houses listed below 200k. Not sure what they are selling for, but if they’re any good, you can bet they are bid up or bought with cash.

I look to see every now and then if there is anything in TG’s area for sale, but it’s slim-pickens. Even Vail Ranch barely has anything. I would have turned my nose up at it two years ago, but I’ve been considering it just for the schools lately (plus a lower price point and low taxes).

Land has dropped in price within the last year. There has been a lot more acreage on sale for less than 400k. And if you wanna drive from Aguanga, you can have this beaut for $170k: =)

http://www.redfin.com/CA/Aguanga/49000-Pinto-Ct-92536/home/12515720

Things may vary from house to house, but for this Spring, if it just came on the market, shows well, and matches the comps, expect a bidding war or to have it snatched from under you with a cash offer.

[ralphfurley]

I browse Redfin a lot in that area and have seen home prices in the Murrieta area drop since 2008 (not as much in Temecula from what I have seen).

The rates were higher back then (around 6%) and the inventory was much much higher. Though rates are lower (maybe not for long) and prices are lower, the quality of home doesn’t seem to be there any more. Anything that shows well (and is priced well) will have multiple bids on it and sell easily (most likely to the cash bidder).

I’ve seen many of the low end houses listed below 200k. Not sure what they are selling for, but if they’re any good, you can bet they are bid up or bought with cash.

I look to see every now and then if there is anything in TG’s area for sale, but it’s slim-pickens. Even Vail Ranch barely has anything. I would have turned my nose up at it two years ago, but I’ve been considering it just for the schools lately (plus a lower price point and low taxes).

Land has dropped in price within the last year. There has been a lot more acreage on sale for less than 400k. And if you wanna drive from Aguanga, you can have this beaut for $170k: =)

http://www.redfin.com/CA/Aguanga/49000-Pinto-Ct-92536/home/12515720

Things may vary from house to house, but for this Spring, if it just came on the market, shows well, and matches the comps, expect a bidding war or to have it snatched from under you with a cash offer.

[ralphfurley]

I browse Redfin a lot in that area and have seen home prices in the Murrieta area drop since 2008 (not as much in Temecula from what I have seen).

The rates were higher back then (around 6%) and the inventory was much much higher. Though rates are lower (maybe not for long) and prices are lower, the quality of home doesn’t seem to be there any more. Anything that shows well (and is priced well) will have multiple bids on it and sell easily (most likely to the cash bidder).

I’ve seen many of the low end houses listed below 200k. Not sure what they are selling for, but if they’re any good, you can bet they are bid up or bought with cash.

I look to see every now and then if there is anything in TG’s area for sale, but it’s slim-pickens. Even Vail Ranch barely has anything. I would have turned my nose up at it two years ago, but I’ve been considering it just for the schools lately (plus a lower price point and low taxes).

Land has dropped in price within the last year. There has been a lot more acreage on sale for less than 400k. And if you wanna drive from Aguanga, you can have this beaut for $170k: =)

http://www.redfin.com/CA/Aguanga/49000-Pinto-Ct-92536/home/12515720

Things may vary from house to house, but for this Spring, if it just came on the market, shows well, and matches the comps, expect a bidding war or to have it snatched from under you with a cash offer.

[ralphfurley]

I browse Redfin a lot in that area and have seen home prices in the Murrieta area drop since 2008 (not as much in Temecula from what I have seen).

The rates were higher back then (around 6%) and the inventory was much much higher. Though rates are lower (maybe not for long) and prices are lower, the quality of home doesn’t seem to be there any more. Anything that shows well (and is priced well) will have multiple bids on it and sell easily (most likely to the cash bidder).

I’ve seen many of the low end houses listed below 200k. Not sure what they are selling for, but if they’re any good, you can bet they are bid up or bought with cash.

I look to see every now and then if there is anything in TG’s area for sale, but it’s slim-pickens. Even Vail Ranch barely has anything. I would have turned my nose up at it two years ago, but I’ve been considering it just for the schools lately (plus a lower price point and low taxes).

Land has dropped in price within the last year. There has been a lot more acreage on sale for less than 400k. And if you wanna drive from Aguanga, you can have this beaut for $170k: =)

http://www.redfin.com/CA/Aguanga/49000-Pinto-Ct-92536/home/12515720

Things may vary from house to house, but for this Spring, if it just came on the market, shows well, and matches the comps, expect a bidding war or to have it snatched from under you with a cash offer.

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