Still looking in Temecula, but…

[HappyHouseHunting]

Marion, thanks for the heads up on the ugly carpet and run down condition of the Big Sage house. I am not interested, but the info does help make a decision on even whether to call the realtor and look at it or not.

I guess my question was more rhetorical than anything else. I keep reading over at The Housing Bubble Blog how bad it is getting every where, but then see stupid s**t like Big Sage.

I have lived in Temecula since 1996, sold a home in Meadowview in 2006, made a little bit of money. My ex and I bought the house for $235,000 in 1996. The home had been on the market for a LONG time and totally desperate sellers finally caved in. When I look at the sales in Meadowview that have happened in the past year, I can only think that there will be some foreclosures happening there soon. I love Meadowview, but a million bucks to live there?

I distinctly remember the first time we went into an open house in Meadowview, one of the ugly 1970s homes on Del Rey, and it was listed for over $200,000! What were they thinking! It is laughable now but it really seemed outrageous at the time.

I remember buying our first home in 1988 and being told by the builders that we COULD buy one of their homes, all it would take is for us to leave a deposit check and when the next phase came out, they would call us and tell us how much! We finally found one for $129,000 (1900 square feet on 1/2 acre) and sold it EIGHT years later for $135,000. Tell me real estate cannot be a depreciating asset!

I guess what I was asking was do you all think that we still have a long way to go before we see the bottom in Temecula?

BTW, does anybody know what happened to 41158 Promenade Chardonnay Hills? My agent said it was in escrow for $280,000 with multiple offers but now it seems to be back on the market for $290,000?

HappyHouseHunting

[Anonymous]

Happy Househunting, no problem. Thanks guys for the info supplied on French Valley, thanks I needed to hear that information. I drove by Harveston tonight and I have to say I liked it from what I saw. The lake looked magical.

Ok, a question: how low do you guys think square footage price will go in Harveston?

[Anonymous]

Happy Househunting, no problem. Thanks guys for the info supplied on French Valley, thanks I needed to hear that information. I drove by Harveston tonight and I have to say I liked it from what I saw. The lake looked magical.

Ok, a question: how low do you guys think square footage price will go in Harveston?

[Anonymous]

Happy Househunting, no problem. Thanks guys for the info supplied on French Valley, thanks I needed to hear that information. I drove by Harveston tonight and I have to say I liked it from what I saw. The lake looked magical.

Ok, a question: how low do you guys think square footage price will go in Harveston?

[Anonymous]

Happy Househunting, no problem. Thanks guys for the info supplied on French Valley, thanks I needed to hear that information. I drove by Harveston tonight and I have to say I liked it from what I saw. The lake looked magical.

Ok, a question: how low do you guys think square footage price will go in Harveston?

[Anonymous]

Happy Househunting, no problem. Thanks guys for the info supplied on French Valley, thanks I needed to hear that information. I drove by Harveston tonight and I have to say I liked it from what I saw. The lake looked magical.

Ok, a question: how low do you guys think square footage price will go in Harveston?

[halftrojan]

No idea about how low on Harveston, but I do know that Lennar walked away from all their developments there. I am pretty sure they were the main developer too, so empty lots isn’t going to help price.

[halftrojan]

No idea about how low on Harveston, but I do know that Lennar walked away from all their developments there. I am pretty sure they were the main developer too, so empty lots isn’t going to help price.

[halftrojan]

No idea about how low on Harveston, but I do know that Lennar walked away from all their developments there. I am pretty sure they were the main developer too, so empty lots isn’t going to help price.

[halftrojan]

No idea about how low on Harveston, but I do know that Lennar walked away from all their developments there. I am pretty sure they were the main developer too, so empty lots isn’t going to help price.

[halftrojan]

No idea about how low on Harveston, but I do know that Lennar walked away from all their developments there. I am pretty sure they were the main developer too, so empty lots isn’t going to help price.

[Aecetia]

Tony S. check out this previous discussion of Temecula from approximately 2+ weeks ago. I think it might answer most of your questions.

This is the title: “$200K price drop on house…what’s going on in Temecula?”

[Aecetia]

Tony S. check out this previous discussion of Temecula from approximately 2+ weeks ago. I think it might answer most of your questions.

This is the title: “$200K price drop on house…what’s going on in Temecula?”

[Aecetia]

Tony S. check out this previous discussion of Temecula from approximately 2+ weeks ago. I think it might answer most of your questions.

This is the title: “$200K price drop on house…what’s going on in Temecula?”

[Aecetia]

Tony S. check out this previous discussion of Temecula from approximately 2+ weeks ago. I think it might answer most of your questions.

This is the title: “$200K price drop on house…what’s going on in Temecula?”

[Author]

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