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August 27, 2008 at 9:56 AM #13671August 27, 2008 at 7:56 PM #262539mydogsarelazyParticipant
Hi PadreBrian,
That is an interesting article, but I don’t think Sesena has much at all in common with Temecula.
I tend to think of Temecula and Murrieta as one community, so here is what I am noticing as a resident of the Murriecula area…
The area is still jammed with people, although there certainly are plenty of homes empty due to foreclosure. Traffic is still dense and the Temecula Mall is going through construction and expansion. How are those new upscale stores — Pottery Barn for example — going to do in this economy? We will find out.
It does appear that developers have stopped building homes and that they can’t sell the inventory they have left.
More commercial properties are vacant all the time and furniture row in Murrieta is one area that does indeed resemble a ghost town. Maybe we will see some auto dealers go under soon?
Financial distress and strained marriages seem to be everywhere. Young people in particular are having trouble finding jobs. Its a tough time, and it doesn’t help that the temperature reaches the high nineties almost every day.
One more thought: how will this area do if we have water rationing next year? Would Harveston look good as a dry concrete lake? I hear they do have bad water problems in Spain, so maybe that Sesena comparison isn’t too far off after all.
JS
August 27, 2008 at 7:56 PM #262741mydogsarelazyParticipantHi PadreBrian,
That is an interesting article, but I don’t think Sesena has much at all in common with Temecula.
I tend to think of Temecula and Murrieta as one community, so here is what I am noticing as a resident of the Murriecula area…
The area is still jammed with people, although there certainly are plenty of homes empty due to foreclosure. Traffic is still dense and the Temecula Mall is going through construction and expansion. How are those new upscale stores — Pottery Barn for example — going to do in this economy? We will find out.
It does appear that developers have stopped building homes and that they can’t sell the inventory they have left.
More commercial properties are vacant all the time and furniture row in Murrieta is one area that does indeed resemble a ghost town. Maybe we will see some auto dealers go under soon?
Financial distress and strained marriages seem to be everywhere. Young people in particular are having trouble finding jobs. Its a tough time, and it doesn’t help that the temperature reaches the high nineties almost every day.
One more thought: how will this area do if we have water rationing next year? Would Harveston look good as a dry concrete lake? I hear they do have bad water problems in Spain, so maybe that Sesena comparison isn’t too far off after all.
JS
August 27, 2008 at 7:56 PM #262749mydogsarelazyParticipantHi PadreBrian,
That is an interesting article, but I don’t think Sesena has much at all in common with Temecula.
I tend to think of Temecula and Murrieta as one community, so here is what I am noticing as a resident of the Murriecula area…
The area is still jammed with people, although there certainly are plenty of homes empty due to foreclosure. Traffic is still dense and the Temecula Mall is going through construction and expansion. How are those new upscale stores — Pottery Barn for example — going to do in this economy? We will find out.
It does appear that developers have stopped building homes and that they can’t sell the inventory they have left.
More commercial properties are vacant all the time and furniture row in Murrieta is one area that does indeed resemble a ghost town. Maybe we will see some auto dealers go under soon?
Financial distress and strained marriages seem to be everywhere. Young people in particular are having trouble finding jobs. Its a tough time, and it doesn’t help that the temperature reaches the high nineties almost every day.
One more thought: how will this area do if we have water rationing next year? Would Harveston look good as a dry concrete lake? I hear they do have bad water problems in Spain, so maybe that Sesena comparison isn’t too far off after all.
JS
August 27, 2008 at 7:56 PM #262800mydogsarelazyParticipantHi PadreBrian,
That is an interesting article, but I don’t think Sesena has much at all in common with Temecula.
I tend to think of Temecula and Murrieta as one community, so here is what I am noticing as a resident of the Murriecula area…
The area is still jammed with people, although there certainly are plenty of homes empty due to foreclosure. Traffic is still dense and the Temecula Mall is going through construction and expansion. How are those new upscale stores — Pottery Barn for example — going to do in this economy? We will find out.
It does appear that developers have stopped building homes and that they can’t sell the inventory they have left.
More commercial properties are vacant all the time and furniture row in Murrieta is one area that does indeed resemble a ghost town. Maybe we will see some auto dealers go under soon?
Financial distress and strained marriages seem to be everywhere. Young people in particular are having trouble finding jobs. Its a tough time, and it doesn’t help that the temperature reaches the high nineties almost every day.
One more thought: how will this area do if we have water rationing next year? Would Harveston look good as a dry concrete lake? I hear they do have bad water problems in Spain, so maybe that Sesena comparison isn’t too far off after all.
JS
August 27, 2008 at 7:56 PM #262838mydogsarelazyParticipantHi PadreBrian,
That is an interesting article, but I don’t think Sesena has much at all in common with Temecula.
I tend to think of Temecula and Murrieta as one community, so here is what I am noticing as a resident of the Murriecula area…
The area is still jammed with people, although there certainly are plenty of homes empty due to foreclosure. Traffic is still dense and the Temecula Mall is going through construction and expansion. How are those new upscale stores — Pottery Barn for example — going to do in this economy? We will find out.
It does appear that developers have stopped building homes and that they can’t sell the inventory they have left.
More commercial properties are vacant all the time and furniture row in Murrieta is one area that does indeed resemble a ghost town. Maybe we will see some auto dealers go under soon?
Financial distress and strained marriages seem to be everywhere. Young people in particular are having trouble finding jobs. Its a tough time, and it doesn’t help that the temperature reaches the high nineties almost every day.
One more thought: how will this area do if we have water rationing next year? Would Harveston look good as a dry concrete lake? I hear they do have bad water problems in Spain, so maybe that Sesena comparison isn’t too far off after all.
JS
August 27, 2008 at 8:43 PM #262552PadreBrianParticipantBad title…but Temecula area suffers from over build…too many houses for not enough peop0le. Basically, the “free” money from the banks let the builders kept building which caused the speculators kept buying which kept the builders kept building…
But why the hell did the Spanish developers build a city of 13.5k condos (buyable apartments) and think people would move out in the middle of no-where?
August 27, 2008 at 8:43 PM #262757PadreBrianParticipantBad title…but Temecula area suffers from over build…too many houses for not enough peop0le. Basically, the “free” money from the banks let the builders kept building which caused the speculators kept buying which kept the builders kept building…
But why the hell did the Spanish developers build a city of 13.5k condos (buyable apartments) and think people would move out in the middle of no-where?
August 27, 2008 at 8:43 PM #262764PadreBrianParticipantBad title…but Temecula area suffers from over build…too many houses for not enough peop0le. Basically, the “free” money from the banks let the builders kept building which caused the speculators kept buying which kept the builders kept building…
But why the hell did the Spanish developers build a city of 13.5k condos (buyable apartments) and think people would move out in the middle of no-where?
August 27, 2008 at 8:43 PM #262815PadreBrianParticipantBad title…but Temecula area suffers from over build…too many houses for not enough peop0le. Basically, the “free” money from the banks let the builders kept building which caused the speculators kept buying which kept the builders kept building…
But why the hell did the Spanish developers build a city of 13.5k condos (buyable apartments) and think people would move out in the middle of no-where?
August 27, 2008 at 8:43 PM #262853PadreBrianParticipantBad title…but Temecula area suffers from over build…too many houses for not enough peop0le. Basically, the “free” money from the banks let the builders kept building which caused the speculators kept buying which kept the builders kept building…
But why the hell did the Spanish developers build a city of 13.5k condos (buyable apartments) and think people would move out in the middle of no-where?
August 28, 2008 at 8:01 AM #262662Nor-LA-SD-guyParticipantThose who keep saying Temecula will be a ghost town have obviously not tried to drive through Temecula between 6 – 8 AM or 3 – 7 PM during the work week.
As a side note:
Abbott Lab’s is just really cranking it these days.
August 28, 2008 at 8:01 AM #262867Nor-LA-SD-guyParticipantThose who keep saying Temecula will be a ghost town have obviously not tried to drive through Temecula between 6 – 8 AM or 3 – 7 PM during the work week.
As a side note:
Abbott Lab’s is just really cranking it these days.
August 28, 2008 at 8:01 AM #262874Nor-LA-SD-guyParticipantThose who keep saying Temecula will be a ghost town have obviously not tried to drive through Temecula between 6 – 8 AM or 3 – 7 PM during the work week.
As a side note:
Abbott Lab’s is just really cranking it these days.
August 28, 2008 at 8:01 AM #262926Nor-LA-SD-guyParticipantThose who keep saying Temecula will be a ghost town have obviously not tried to drive through Temecula between 6 – 8 AM or 3 – 7 PM during the work week.
As a side note:
Abbott Lab’s is just really cranking it these days.
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