OMG Temecula approaches 1999 prices

[golfproz]

If it’s close to 1999 priced isn’t it also close to 1992 prices?

Jeepers, didn’t think of that. If it overshoots then we may well see ’89 pricing in some areas!

Detroit and Cleveland have already proven that homes in America can drop to essentially zero value; I wonder if the IE is next?

I remember looking at homes in Temecula in 90 or 91 and those 2500-3000 sq/ft houses were going for the high 200s to the low 300s. granted that was the peak of the last bubble but it would still be funny to show no change in value in 15+ years

[Nor-LA-SD-guy]

Yep seems like a 2002 price to me, which looks a lot like a 1990 price.

There has been a little wage inflation since then I would think (I know mine has about tripled from 1990 and I owned a home back then).

One might start thinking we are coming up on the buying op of a life time, But that’s just me maybe..

[Nor-LA-SD-guy]

Yep seems like a 2002 price to me, which looks a lot like a 1990 price.

There has been a little wage inflation since then I would think (I know mine has about tripled from 1990 and I owned a home back then).

One might start thinking we are coming up on the buying op of a life time, But that’s just me maybe..

[Nor-LA-SD-guy]

Yep seems like a 2002 price to me, which looks a lot like a 1990 price.

There has been a little wage inflation since then I would think (I know mine has about tripled from 1990 and I owned a home back then).

One might start thinking we are coming up on the buying op of a life time, But that’s just me maybe..

[Nor-LA-SD-guy]

Yep seems like a 2002 price to me, which looks a lot like a 1990 price.

There has been a little wage inflation since then I would think (I know mine has about tripled from 1990 and I owned a home back then).

One might start thinking we are coming up on the buying op of a life time, But that’s just me maybe..

[Nor-LA-SD-guy]

Yep seems like a 2002 price to me, which looks a lot like a 1990 price.

There has been a little wage inflation since then I would think (I know mine has about tripled from 1990 and I owned a home back then).

One might start thinking we are coming up on the buying op of a life time, But that’s just me maybe..

[temeculaguy]

Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.

Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.

golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.

Here is what 230k bought you in 1998 in redhawk’s rancho serrano (the most expensive at the time) http://www.redfin.com/stingray/do/printable-listing?listing-id=1477711

Feb of 1999 in Augusta at redhwak 236k got you this http://www.redfin.com/stingray/do/printable-listing?listing-id=1353661

May of 99 redhawk’s gated rancho madera 265k got you 3600 6br http://www.redfin.com/stingray/do/printable-listing?listing-id=1494235

look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.

[temeculaguy]

Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.

Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.

golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.

Here is what 230k bought you in 1998 in redhawk’s rancho serrano (the most expensive at the time) http://www.redfin.com/stingray/do/printable-listing?listing-id=1477711

Feb of 1999 in Augusta at redhwak 236k got you this http://www.redfin.com/stingray/do/printable-listing?listing-id=1353661

May of 99 redhawk’s gated rancho madera 265k got you 3600 6br http://www.redfin.com/stingray/do/printable-listing?listing-id=1494235

look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.

[temeculaguy]

Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.

Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.

golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.

Here is what 230k bought you in 1998 in redhawk’s rancho serrano (the most expensive at the time) http://www.redfin.com/stingray/do/printable-listing?listing-id=1477711

Feb of 1999 in Augusta at redhwak 236k got you this http://www.redfin.com/stingray/do/printable-listing?listing-id=1353661

May of 99 redhawk’s gated rancho madera 265k got you 3600 6br http://www.redfin.com/stingray/do/printable-listing?listing-id=1494235

look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.

[temeculaguy]

Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.

Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.

golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.

Here is what 230k bought you in 1998 in redhawk’s rancho serrano (the most expensive at the time) http://www.redfin.com/stingray/do/printable-listing?listing-id=1477711

Feb of 1999 in Augusta at redhwak 236k got you this http://www.redfin.com/stingray/do/printable-listing?listing-id=1353661

May of 99 redhawk’s gated rancho madera 265k got you 3600 6br http://www.redfin.com/stingray/do/printable-listing?listing-id=1494235

look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.

[temeculaguy]

Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.

Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.

golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.

Here is what 230k bought you in 1998 in redhawk’s rancho serrano (the most expensive at the time) http://www.redfin.com/stingray/do/printable-listing?listing-id=1477711

Feb of 1999 in Augusta at redhwak 236k got you this http://www.redfin.com/stingray/do/printable-listing?listing-id=1353661

May of 99 redhawk’s gated rancho madera 265k got you 3600 6br http://www.redfin.com/stingray/do/printable-listing?listing-id=1494235

look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.

[temeculaguy]

Somebody make the itallic thing stop, I forget how

[temeculaguy]

Somebody make the itallic thing stop, I forget how

[temeculaguy]

Somebody make the itallic thing stop, I forget how

[temeculaguy]

Somebody make the itallic thing stop, I forget how

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