I seen the Bottom in Temecula

[bsrsharma]

“lot less than $400k”

Yes; Aug ’07: $400K, By Aug ’08, about $300K. If it goes below $300K, the cancer has spread beyond housing.

[happyrenter]

I agree with gn.

There are builders offering new homes with similar square footage (3000sq ft.) for around 420K, I’m sure thats negotiable to around 390K currently.

I would expect it to go down a lot further, especially for 2003 homes.

BTW on a different note, people who are knowledgeble about the temecula market, how would you rate the different builders as far as quality and customer care goes? And how is Lennar’s building quality, I was researching about them when looking at some of their new developments and saw a lot of articles on the net about their poor building qulaity, lawsuits etc.

[happyrenter]

I agree with gn.

There are builders offering new homes with similar square footage (3000sq ft.) for around 420K, I’m sure thats negotiable to around 390K currently.

I would expect it to go down a lot further, especially for 2003 homes.

BTW on a different note, people who are knowledgeble about the temecula market, how would you rate the different builders as far as quality and customer care goes? And how is Lennar’s building quality, I was researching about them when looking at some of their new developments and saw a lot of articles on the net about their poor building qulaity, lawsuits etc.

[happyrenter]

I agree with gn.

There are builders offering new homes with similar square footage (3000sq ft.) for around 420K, I’m sure thats negotiable to around 390K currently.

I would expect it to go down a lot further, especially for 2003 homes.

BTW on a different note, people who are knowledgeble about the temecula market, how would you rate the different builders as far as quality and customer care goes? And how is Lennar’s building quality, I was researching about them when looking at some of their new developments and saw a lot of articles on the net about their poor building qulaity, lawsuits etc.

[hipmatt]

a few more strange posts in craigslist….
http://inlandempire.craigslist.org/rfs/387198352.html
and
http://inlandempire.craigslist.org/rfs/390630500.html

[hipmatt]

a few more strange posts in craigslist….
http://inlandempire.craigslist.org/rfs/387198352.html
and
http://inlandempire.craigslist.org/rfs/390630500.html

[hipmatt]

a few more strange posts in craigslist….
http://inlandempire.craigslist.org/rfs/387198352.html
and
http://inlandempire.craigslist.org/rfs/390630500.html

[bsrsharma]

The first poster is some nut; but the second post makes sense. I have seen some realtors losing hope at lack of traffic and interest and forgetting to do simple things like refill the flier case (or fill with cheap black & white fliers for a half mil property) adjust bent/out of shape/broken signs, keep yard clean for absentee owners etc., Many seem to be going through the motions of attempting to sell till the frustrated owners lower the price to more competitive level. Definitely, this market needs better motivated agents not dispirited ones.

[bsrsharma]

The first poster is some nut; but the second post makes sense. I have seen some realtors losing hope at lack of traffic and interest and forgetting to do simple things like refill the flier case (or fill with cheap black & white fliers for a half mil property) adjust bent/out of shape/broken signs, keep yard clean for absentee owners etc., Many seem to be going through the motions of attempting to sell till the frustrated owners lower the price to more competitive level. Definitely, this market needs better motivated agents not dispirited ones.

[bsrsharma]

The first poster is some nut; but the second post makes sense. I have seen some realtors losing hope at lack of traffic and interest and forgetting to do simple things like refill the flier case (or fill with cheap black & white fliers for a half mil property) adjust bent/out of shape/broken signs, keep yard clean for absentee owners etc., Many seem to be going through the motions of attempting to sell till the frustrated owners lower the price to more competitive level. Definitely, this market needs better motivated agents not dispirited ones.

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