Nice find in the Inland Empire

[lonestar2000]

$119 per sq, newer construction, 4 bedrooms, short sale.

I’m not ready to catch the knife just yet but this listing has definitely piqued my interest:

http://www.redfin.com/CA/Yucaipa/34734-TARA-Ln-92399/home/3537163

[snail]

It is in Yucaipa…where the heck its that?! You could get a 6-8 years old houses at $90/sqft in Murietta now.

[snail]

It is in Yucaipa…where the heck its that?! You could get a 6-8 years old houses at $90/sqft in Murietta now.

[snail]

It is in Yucaipa…where the heck its that?! You could get a 6-8 years old houses at $90/sqft in Murietta now.

[snail]

It is in Yucaipa…where the heck its that?! You could get a 6-8 years old houses at $90/sqft in Murietta now.

[snail]

It is in Yucaipa…where the heck its that?! You could get a 6-8 years old houses at $90/sqft in Murietta now.

[cv2]

$90 per square feet in Murietta

Is this below the construction cost?

There were a discussion on what’s the real construction cost. I understand that for newer homes has to meet newer safety/fire standard but that won’t add much, at most $20/sf to the construction cost. Does anybody know what’s the current construction cost per square feet?

[cv2]

$90 per square feet in Murietta

Is this below the construction cost?

There were a discussion on what’s the real construction cost. I understand that for newer homes has to meet newer safety/fire standard but that won’t add much, at most $20/sf to the construction cost. Does anybody know what’s the current construction cost per square feet?

[cv2]

$90 per square feet in Murietta

Is this below the construction cost?

There were a discussion on what’s the real construction cost. I understand that for newer homes has to meet newer safety/fire standard but that won’t add much, at most $20/sf to the construction cost. Does anybody know what’s the current construction cost per square feet?

[cv2]

$90 per square feet in Murietta

Is this below the construction cost?

There were a discussion on what’s the real construction cost. I understand that for newer homes has to meet newer safety/fire standard but that won’t add much, at most $20/sf to the construction cost. Does anybody know what’s the current construction cost per square feet?

[cv2]

$90 per square feet in Murietta

Is this below the construction cost?

There were a discussion on what’s the real construction cost. I understand that for newer homes has to meet newer safety/fire standard but that won’t add much, at most $20/sf to the construction cost. Does anybody know what’s the current construction cost per square feet?

[vizcaya]

I would like to know also. I am in the IE, Riverside. I am starting to see home as low as 80sqft in areas of Moreno Valley. With the amount of homes built here over the last few years, I see prices dropping to 1999 levels. If this happens, then the drop will be 60% from peak.

I sold my last home(Riverside) right before the market dropped. I sold my home for 368k for a 1000sqft home in the ghetto back in April. The same home has dropped to 200k, and is still falling. I did purchase this home in 2000, and paid 115k for it. I see the prices correcting to this level.

I still have 100k of bubble money from the sale of the home left over. I am debating on if I should pick up a few rental properties when this market overcorrects.

[vizcaya]

I would like to know also. I am in the IE, Riverside. I am starting to see home as low as 80sqft in areas of Moreno Valley. With the amount of homes built here over the last few years, I see prices dropping to 1999 levels. If this happens, then the drop will be 60% from peak.

I sold my last home(Riverside) right before the market dropped. I sold my home for 368k for a 1000sqft home in the ghetto back in April. The same home has dropped to 200k, and is still falling. I did purchase this home in 2000, and paid 115k for it. I see the prices correcting to this level.

I still have 100k of bubble money from the sale of the home left over. I am debating on if I should pick up a few rental properties when this market overcorrects.

[vizcaya]

I would like to know also. I am in the IE, Riverside. I am starting to see home as low as 80sqft in areas of Moreno Valley. With the amount of homes built here over the last few years, I see prices dropping to 1999 levels. If this happens, then the drop will be 60% from peak.

I sold my last home(Riverside) right before the market dropped. I sold my home for 368k for a 1000sqft home in the ghetto back in April. The same home has dropped to 200k, and is still falling. I did purchase this home in 2000, and paid 115k for it. I see the prices correcting to this level.

I still have 100k of bubble money from the sale of the home left over. I am debating on if I should pick up a few rental properties when this market overcorrects.

[vizcaya]

I would like to know also. I am in the IE, Riverside. I am starting to see home as low as 80sqft in areas of Moreno Valley. With the amount of homes built here over the last few years, I see prices dropping to 1999 levels. If this happens, then the drop will be 60% from peak.

I sold my last home(Riverside) right before the market dropped. I sold my home for 368k for a 1000sqft home in the ghetto back in April. The same home has dropped to 200k, and is still falling. I did purchase this home in 2000, and paid 115k for it. I see the prices correcting to this level.

I still have 100k of bubble money from the sale of the home left over. I am debating on if I should pick up a few rental properties when this market overcorrects.

[Author]

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