- This topic has 125 replies, 15 voices, and was last updated 16 years, 3 months ago by Nor-LA-SD-guy.
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February 18, 2008 at 10:02 PM #155673February 18, 2008 at 10:37 PM #155315paramountParticipant
You can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
February 18, 2008 at 10:37 PM #155595paramountParticipantYou can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
February 18, 2008 at 10:37 PM #155601paramountParticipantYou can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
February 18, 2008 at 10:37 PM #155617paramountParticipantYou can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
February 18, 2008 at 10:37 PM #155692paramountParticipantYou can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
February 18, 2008 at 11:12 PM #155340Deal HunterParticipantUnless Temecula has some support for the local economy or some reason for population migration, I’d err on the side of it turning down for a while to come. If you are looking for $75-$100 a SF and a good rental market, look in Las Vegas.
http://www.RealEstateDealHunters.com
No kidding.
February 18, 2008 at 11:12 PM #155620Deal HunterParticipantUnless Temecula has some support for the local economy or some reason for population migration, I’d err on the side of it turning down for a while to come. If you are looking for $75-$100 a SF and a good rental market, look in Las Vegas.
http://www.RealEstateDealHunters.com
No kidding.
February 18, 2008 at 11:12 PM #155626Deal HunterParticipantUnless Temecula has some support for the local economy or some reason for population migration, I’d err on the side of it turning down for a while to come. If you are looking for $75-$100 a SF and a good rental market, look in Las Vegas.
http://www.RealEstateDealHunters.com
No kidding.
February 18, 2008 at 11:12 PM #155642Deal HunterParticipantUnless Temecula has some support for the local economy or some reason for population migration, I’d err on the side of it turning down for a while to come. If you are looking for $75-$100 a SF and a good rental market, look in Las Vegas.
http://www.RealEstateDealHunters.com
No kidding.
February 18, 2008 at 11:12 PM #155717Deal HunterParticipantUnless Temecula has some support for the local economy or some reason for population migration, I’d err on the side of it turning down for a while to come. If you are looking for $75-$100 a SF and a good rental market, look in Las Vegas.
http://www.RealEstateDealHunters.com
No kidding.
February 18, 2008 at 11:25 PM #155355paramountParticipantYes, it will go down – it already has and will continue, but $75/sf for the most premium section of Temecula; I just don’t think it will happen.
There is local economic support for Temecula – The Marines just for starters…
February 18, 2008 at 11:25 PM #155635paramountParticipantYes, it will go down – it already has and will continue, but $75/sf for the most premium section of Temecula; I just don’t think it will happen.
There is local economic support for Temecula – The Marines just for starters…
February 18, 2008 at 11:25 PM #155641paramountParticipantYes, it will go down – it already has and will continue, but $75/sf for the most premium section of Temecula; I just don’t think it will happen.
There is local economic support for Temecula – The Marines just for starters…
February 18, 2008 at 11:25 PM #155657paramountParticipantYes, it will go down – it already has and will continue, but $75/sf for the most premium section of Temecula; I just don’t think it will happen.
There is local economic support for Temecula – The Marines just for starters…
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