Temecula at 70-80/SQ foot???

[eclipxe]

[quote=Blissful Ignoramus][quote=esmith]Ouch.

43880 Brookhaven backs up against the 79, but there’s also this in the same community, for 30K more:

http://www.redfin.com/CA/Temecula/33734-Pebble-Brook-Cir-92592/home/12506633

Both houses were originally sold in 2005 in high 500’s.[/quote]

What’s with the 1920s-style curved room entries? They look great in a house built in the 1920s — in these McMansions, not so much.

A lot of house for not a whole lot of money, but the fundamental issue remains: it’s Temecula. Great for retired people or people who can work from home, but there are way more houses like this than there are people with jobs a reasonable distance away. It’s logical to think that Temecula has an economic future to accommodate all of these houses, but the bubble has really screwed things up for more than just the short-term.
[/quote]

A reasonable distance to you might not be a reasonable distance to others. I do work from home, but I have commuted to both Sorrento Valley and Irvine from Temecula on a regular basis and did not have a problem (I also had the luxury of timing my commute to miss traffic). There are two things I noticed regarding the commute:

1. The initial commute or occasional drive seems long and agonizing. After about a week of doing the drive, it becomes short and not too taxing (without traffic).

2. I lived in Rancho Santa Margarita for a short time and commuted to Irvine – My commute from Temecula was actually less of a burden (mainly clear driving on the 15) vs stop and go traffic through surface streets in Orange County or dealing with the 5 and 405 everyday. It was an extra 25 minutes of seat time, but it wasn’t much of a problem.

Of course my opinion should be taken with a grain of salt – I’m young and have no wife or kids at home so I can spend an hour or two a day just driving, pondering life, listening to music and enjoying the scenery.

[Blissful Ignoramus]

[quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.

[Blissful Ignoramus]

[quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.

[Blissful Ignoramus]

[quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.

[Blissful Ignoramus]

[quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.

[Blissful Ignoramus]

[quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.

[golfproz]

That listing is also a short sale….

[golfproz]

That listing is also a short sale….

[golfproz]

That listing is also a short sale….

[golfproz]

That listing is also a short sale….

[golfproz]

That listing is also a short sale….

[Nor-LA-SD-guy]

Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).

[Nor-LA-SD-guy]

Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).

[Nor-LA-SD-guy]

Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).

[Nor-LA-SD-guy]

Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).

[Author]

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