Reported price plunge of 18% not reflected in prices?

[nscalero]

I’m following a list of 20 homes. Some of them have sold so my list is now down to 13. A few of them have reduced their price during the period in question but only by 2-5%.

[ibjames]

[quote=Nor-LA-SD-guy][quote=DWCAP]How are you tracking prices? A year is a long time in human memory. It may seem that prices have only fallen a few percent from back then, but the quality, location, and size of the housing you are looking at has changed too.

[/quote]

That is something I have been thinking about as well, 15-20 years ago most first time buyers were looking at 1200 sqf 3 bedroom 1 ½ bath homes with swamp coolers on the roof and no upgrades and in need of some TLC and thinking (Wow what a neat place to live),

Now they want at least a 2500 sqf place with nice upgrades or (well I will leave it there).

Don’t really know about Oceanside but in Temecula you can get that first home above for less than I paid for a similar one in 1994 (go figure).

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask

[ibjames]

[quote=Nor-LA-SD-guy][quote=DWCAP]How are you tracking prices? A year is a long time in human memory. It may seem that prices have only fallen a few percent from back then, but the quality, location, and size of the housing you are looking at has changed too.

[/quote]

That is something I have been thinking about as well, 15-20 years ago most first time buyers were looking at 1200 sqf 3 bedroom 1 ½ bath homes with swamp coolers on the roof and no upgrades and in need of some TLC and thinking (Wow what a neat place to live),

Now they want at least a 2500 sqf place with nice upgrades or (well I will leave it there).

Don’t really know about Oceanside but in Temecula you can get that first home above for less than I paid for a similar one in 1994 (go figure).

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask

[ibjames]

[quote=Nor-LA-SD-guy][quote=DWCAP]How are you tracking prices? A year is a long time in human memory. It may seem that prices have only fallen a few percent from back then, but the quality, location, and size of the housing you are looking at has changed too.

[/quote]

That is something I have been thinking about as well, 15-20 years ago most first time buyers were looking at 1200 sqf 3 bedroom 1 ½ bath homes with swamp coolers on the roof and no upgrades and in need of some TLC and thinking (Wow what a neat place to live),

Now they want at least a 2500 sqf place with nice upgrades or (well I will leave it there).

Don’t really know about Oceanside but in Temecula you can get that first home above for less than I paid for a similar one in 1994 (go figure).

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask

[ibjames]

[quote=Nor-LA-SD-guy][quote=DWCAP]How are you tracking prices? A year is a long time in human memory. It may seem that prices have only fallen a few percent from back then, but the quality, location, and size of the housing you are looking at has changed too.

[/quote]

That is something I have been thinking about as well, 15-20 years ago most first time buyers were looking at 1200 sqf 3 bedroom 1 ½ bath homes with swamp coolers on the roof and no upgrades and in need of some TLC and thinking (Wow what a neat place to live),

Now they want at least a 2500 sqf place with nice upgrades or (well I will leave it there).

Don’t really know about Oceanside but in Temecula you can get that first home above for less than I paid for a similar one in 1994 (go figure).

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask

[ibjames]

[quote=Nor-LA-SD-guy][quote=DWCAP]How are you tracking prices? A year is a long time in human memory. It may seem that prices have only fallen a few percent from back then, but the quality, location, and size of the housing you are looking at has changed too.

[/quote]

That is something I have been thinking about as well, 15-20 years ago most first time buyers were looking at 1200 sqf 3 bedroom 1 ½ bath homes with swamp coolers on the roof and no upgrades and in need of some TLC and thinking (Wow what a neat place to live),

Now they want at least a 2500 sqf place with nice upgrades or (well I will leave it there).

Don’t really know about Oceanside but in Temecula you can get that first home above for less than I paid for a similar one in 1994 (go figure).

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask

[Nor-LA-SD-guy]

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask
[/quote]

Well If you can come up with between 80-100K and don’t mind doing a little fixing (mostly just paint and flooring).

You can have that in Temecula Valley, but then you would need to admit you lived in Temecula, but what am I thinking!!, it’s just not worth it…

[Nor-LA-SD-guy]

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask
[/quote]

Well If you can come up with between 80-100K and don’t mind doing a little fixing (mostly just paint and flooring).

You can have that in Temecula Valley, but then you would need to admit you lived in Temecula, but what am I thinking!!, it’s just not worth it…

[Nor-LA-SD-guy]

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask
[/quote]

Well If you can come up with between 80-100K and don’t mind doing a little fixing (mostly just paint and flooring).

You can have that in Temecula Valley, but then you would need to admit you lived in Temecula, but what am I thinking!!, it’s just not worth it…

[Nor-LA-SD-guy]

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask
[/quote]

Well If you can come up with between 80-100K and don’t mind doing a little fixing (mostly just paint and flooring).

You can have that in Temecula Valley, but then you would need to admit you lived in Temecula, but what am I thinking!!, it’s just not worth it…

[Nor-LA-SD-guy]

[/quote]

I don’t know about that, my friends want maybe 1500sq. ft 3bed 2 bath, which I don’t think is too much to ask
[/quote]

Well If you can come up with between 80-100K and don’t mind doing a little fixing (mostly just paint and flooring).

You can have that in Temecula Valley, but then you would need to admit you lived in Temecula, but what am I thinking!!, it’s just not worth it…

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