Murrieta questions

[kewp]

I like the area too! Was just up there for a wedding and it definitely has a very lush, organic feel to it that reminds me of the more pastoral areas of the east coast, where I’m from. Its also way less seedy than the city.

If I could convince my employer to let me telecommute 3 days a week I would definitely consider settling down there. But no way am I commuting to the coast every day.

When I used to visit there regularly during the early stages of the housing boom (2000-2001), even then it struck me that everyone I met seemed to be involved in construction in one way or the other. Or worked retail. So I wonder what is going to happen to local economy when all the new construction and remodeling stops.

I do see it as an attractive destination for companies looking to open a new location, especially ones based out of pricey metro areas. I bet lots of folks would relocate there if offered a free house!

[hipmatt]

Temecula/Murrieta isn’t close to bottoming, there are tons of homes in the foreclosure process, many loans still to reset higher, and the job losses have just started.

You aren’t gonna get a 2 year correction to the largest and longest RE bubble in history. This place is ground zero for irresponsible lending. Go ahead and buy, but prepare for larger losses ahead. Kewp is right. If you want to invest, then wait until there is a CLEAR bottom. If you want to live then come on over and buy.
BTW both sellers and landlords have a lot of competition up here. There are plenty of vacant rentals, so don’t expect top dollar for your income.

[hipmatt]

Temecula/Murrieta isn’t close to bottoming, there are tons of homes in the foreclosure process, many loans still to reset higher, and the job losses have just started.

You aren’t gonna get a 2 year correction to the largest and longest RE bubble in history. This place is ground zero for irresponsible lending. Go ahead and buy, but prepare for larger losses ahead. Kewp is right. If you want to invest, then wait until there is a CLEAR bottom. If you want to live then come on over and buy.
BTW both sellers and landlords have a lot of competition up here. There are plenty of vacant rentals, so don’t expect top dollar for your income.

[hipmatt]

Temecula/Murrieta isn’t close to bottoming, there are tons of homes in the foreclosure process, many loans still to reset higher, and the job losses have just started.

You aren’t gonna get a 2 year correction to the largest and longest RE bubble in history. This place is ground zero for irresponsible lending. Go ahead and buy, but prepare for larger losses ahead. Kewp is right. If you want to invest, then wait until there is a CLEAR bottom. If you want to live then come on over and buy.
BTW both sellers and landlords have a lot of competition up here. There are plenty of vacant rentals, so don’t expect top dollar for your income.

[hipmatt]

Temecula/Murrieta isn’t close to bottoming, there are tons of homes in the foreclosure process, many loans still to reset higher, and the job losses have just started.

You aren’t gonna get a 2 year correction to the largest and longest RE bubble in history. This place is ground zero for irresponsible lending. Go ahead and buy, but prepare for larger losses ahead. Kewp is right. If you want to invest, then wait until there is a CLEAR bottom. If you want to live then come on over and buy.
BTW both sellers and landlords have a lot of competition up here. There are plenty of vacant rentals, so don’t expect top dollar for your income.

[hipmatt]

Temecula/Murrieta isn’t close to bottoming, there are tons of homes in the foreclosure process, many loans still to reset higher, and the job losses have just started.

You aren’t gonna get a 2 year correction to the largest and longest RE bubble in history. This place is ground zero for irresponsible lending. Go ahead and buy, but prepare for larger losses ahead. Kewp is right. If you want to invest, then wait until there is a CLEAR bottom. If you want to live then come on over and buy.
BTW both sellers and landlords have a lot of competition up here. There are plenty of vacant rentals, so don’t expect top dollar for your income.

[sc_alum]

@Bugs

Hahaha – it’s everybody’s own perspective, but that was like a small stake through the heart to be compared to Victorville/Palmdale 🙂

[sc_alum]

@Bugs

Hahaha – it’s everybody’s own perspective, but that was like a small stake through the heart to be compared to Victorville/Palmdale 🙂

[sc_alum]

@Bugs

Hahaha – it’s everybody’s own perspective, but that was like a small stake through the heart to be compared to Victorville/Palmdale 🙂

[sc_alum]

@Bugs

Hahaha – it’s everybody’s own perspective, but that was like a small stake through the heart to be compared to Victorville/Palmdale 🙂

[sc_alum]

@Bugs

Hahaha – it’s everybody’s own perspective, but that was like a small stake through the heart to be compared to Victorville/Palmdale 🙂

[Anonymous]

I like Temecula Valley better than any area I’ve lived in thus far.

[Anonymous]

I like Temecula Valley better than any area I’ve lived in thus far.

[Anonymous]

I like Temecula Valley better than any area I’ve lived in thus far.

[Anonymous]

I like Temecula Valley better than any area I’ve lived in thus far.

[Author]

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