- This topic has 149 replies, 27 voices, and was last updated 16 years, 12 months ago by temeculaguy.
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November 12, 2007 at 7:55 AM #98619November 12, 2007 at 7:55 AM #98680Allan from FallbrookParticipant
TG: WAIT! I agree with Bugs wholeheartedly. I would also add that there is a probable flood of REO properties about to hit the Temecula market fairly shortly.
Just for grins, I have been watching the pricing in Temecula and Murrieta, as well as keeping my ear to the ground as far as anecdotal information on housing goes.
Pricing has held in the tonier areas, such as Redhawk, but it is definitely starting to shift, and I think when it does go (such as when the banks really starting pushing REO inventory to clear the books), you will see pricing in the $100 to $120sf range.
There have been some fairly significant price drops here in Fallbrook, and in areas once thought immune.
November 12, 2007 at 7:55 AM #98695Allan from FallbrookParticipantTG: WAIT! I agree with Bugs wholeheartedly. I would also add that there is a probable flood of REO properties about to hit the Temecula market fairly shortly.
Just for grins, I have been watching the pricing in Temecula and Murrieta, as well as keeping my ear to the ground as far as anecdotal information on housing goes.
Pricing has held in the tonier areas, such as Redhawk, but it is definitely starting to shift, and I think when it does go (such as when the banks really starting pushing REO inventory to clear the books), you will see pricing in the $100 to $120sf range.
There have been some fairly significant price drops here in Fallbrook, and in areas once thought immune.
November 12, 2007 at 7:55 AM #98697Allan from FallbrookParticipantTG: WAIT! I agree with Bugs wholeheartedly. I would also add that there is a probable flood of REO properties about to hit the Temecula market fairly shortly.
Just for grins, I have been watching the pricing in Temecula and Murrieta, as well as keeping my ear to the ground as far as anecdotal information on housing goes.
Pricing has held in the tonier areas, such as Redhawk, but it is definitely starting to shift, and I think when it does go (such as when the banks really starting pushing REO inventory to clear the books), you will see pricing in the $100 to $120sf range.
There have been some fairly significant price drops here in Fallbrook, and in areas once thought immune.
November 12, 2007 at 8:50 AM #98636sdrealtorParticipantIf you going to do it make sure you find the best property that has everything you want and more. Be very picky which will stretch your time frame out. If you find the best lot in the area for your needs with great upgrades at a decent price you will be happy there regardless. Even if prices drop a little more you will still have the best property on the block. Men will envy you and women will desire you.
November 12, 2007 at 8:50 AM #98700sdrealtorParticipantIf you going to do it make sure you find the best property that has everything you want and more. Be very picky which will stretch your time frame out. If you find the best lot in the area for your needs with great upgrades at a decent price you will be happy there regardless. Even if prices drop a little more you will still have the best property on the block. Men will envy you and women will desire you.
November 12, 2007 at 8:50 AM #98715sdrealtorParticipantIf you going to do it make sure you find the best property that has everything you want and more. Be very picky which will stretch your time frame out. If you find the best lot in the area for your needs with great upgrades at a decent price you will be happy there regardless. Even if prices drop a little more you will still have the best property on the block. Men will envy you and women will desire you.
November 12, 2007 at 8:50 AM #98719sdrealtorParticipantIf you going to do it make sure you find the best property that has everything you want and more. Be very picky which will stretch your time frame out. If you find the best lot in the area for your needs with great upgrades at a decent price you will be happy there regardless. Even if prices drop a little more you will still have the best property on the block. Men will envy you and women will desire you.
November 12, 2007 at 9:05 AM #98646novice1027ParticipantHey TG,
I want to know if you finally broke down and bought that flat screen yet?
If you hem & haw as long with the house as you have the the TV, you may actually hit the bottom, lol!!!November 12, 2007 at 9:05 AM #98708novice1027ParticipantHey TG,
I want to know if you finally broke down and bought that flat screen yet?
If you hem & haw as long with the house as you have the the TV, you may actually hit the bottom, lol!!!November 12, 2007 at 9:05 AM #98723novice1027ParticipantHey TG,
I want to know if you finally broke down and bought that flat screen yet?
If you hem & haw as long with the house as you have the the TV, you may actually hit the bottom, lol!!!November 12, 2007 at 9:05 AM #98727novice1027ParticipantHey TG,
I want to know if you finally broke down and bought that flat screen yet?
If you hem & haw as long with the house as you have the the TV, you may actually hit the bottom, lol!!!November 12, 2007 at 10:47 AM #98686surveyorParticipantTG:
If it makes you feel better, I know of at least 1500 housing units slated to come online in the County of Riverside within the next three years. Quite a few are in Temecula, Hemet and the Winchester areas.
These projects have already been dedicated and entitled, so they have no choice but to build them.
November 12, 2007 at 10:47 AM #98746surveyorParticipantTG:
If it makes you feel better, I know of at least 1500 housing units slated to come online in the County of Riverside within the next three years. Quite a few are in Temecula, Hemet and the Winchester areas.
These projects have already been dedicated and entitled, so they have no choice but to build them.
November 12, 2007 at 10:47 AM #98762surveyorParticipantTG:
If it makes you feel better, I know of at least 1500 housing units slated to come online in the County of Riverside within the next three years. Quite a few are in Temecula, Hemet and the Winchester areas.
These projects have already been dedicated and entitled, so they have no choice but to build them.
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