- This topic has 450 replies, 25 voices, and was last updated 16 years, 5 months ago by temeculaguy.
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June 16, 2008 at 4:09 PM #223510June 16, 2008 at 5:00 PM #223366RenParticipant
I’m not a resident, but we’ve been spending some weekends there, and in Temecula I see a mostly well-managed city with genuinely nice homes, neighborhoods, and schools. I take a special interest in urban planning (would like to start my own off-shore dictatorship someday), and the population explosion was not well-planned, but the same can be said for the entire county of San Diego.
I can’t see prices dropping further and further until Morgan Hill homes are owned by the local 7-11 cashiers – it just won’t happen. Those are the “owners” that are now being removed, as they should be. I expect the monster truck quotient to drop in many of the higher-end areas, and I would guess fall/winter of 2009 as being within 5% of the price bottom, but a lot of good deals will be had later this year. We’re almost ready to leap.
June 16, 2008 at 5:00 PM #223471RenParticipantI’m not a resident, but we’ve been spending some weekends there, and in Temecula I see a mostly well-managed city with genuinely nice homes, neighborhoods, and schools. I take a special interest in urban planning (would like to start my own off-shore dictatorship someday), and the population explosion was not well-planned, but the same can be said for the entire county of San Diego.
I can’t see prices dropping further and further until Morgan Hill homes are owned by the local 7-11 cashiers – it just won’t happen. Those are the “owners” that are now being removed, as they should be. I expect the monster truck quotient to drop in many of the higher-end areas, and I would guess fall/winter of 2009 as being within 5% of the price bottom, but a lot of good deals will be had later this year. We’re almost ready to leap.
June 16, 2008 at 5:00 PM #223483RenParticipantI’m not a resident, but we’ve been spending some weekends there, and in Temecula I see a mostly well-managed city with genuinely nice homes, neighborhoods, and schools. I take a special interest in urban planning (would like to start my own off-shore dictatorship someday), and the population explosion was not well-planned, but the same can be said for the entire county of San Diego.
I can’t see prices dropping further and further until Morgan Hill homes are owned by the local 7-11 cashiers – it just won’t happen. Those are the “owners” that are now being removed, as they should be. I expect the monster truck quotient to drop in many of the higher-end areas, and I would guess fall/winter of 2009 as being within 5% of the price bottom, but a lot of good deals will be had later this year. We’re almost ready to leap.
June 16, 2008 at 5:00 PM #223517RenParticipantI’m not a resident, but we’ve been spending some weekends there, and in Temecula I see a mostly well-managed city with genuinely nice homes, neighborhoods, and schools. I take a special interest in urban planning (would like to start my own off-shore dictatorship someday), and the population explosion was not well-planned, but the same can be said for the entire county of San Diego.
I can’t see prices dropping further and further until Morgan Hill homes are owned by the local 7-11 cashiers – it just won’t happen. Those are the “owners” that are now being removed, as they should be. I expect the monster truck quotient to drop in many of the higher-end areas, and I would guess fall/winter of 2009 as being within 5% of the price bottom, but a lot of good deals will be had later this year. We’re almost ready to leap.
June 16, 2008 at 5:00 PM #223530RenParticipantI’m not a resident, but we’ve been spending some weekends there, and in Temecula I see a mostly well-managed city with genuinely nice homes, neighborhoods, and schools. I take a special interest in urban planning (would like to start my own off-shore dictatorship someday), and the population explosion was not well-planned, but the same can be said for the entire county of San Diego.
I can’t see prices dropping further and further until Morgan Hill homes are owned by the local 7-11 cashiers – it just won’t happen. Those are the “owners” that are now being removed, as they should be. I expect the monster truck quotient to drop in many of the higher-end areas, and I would guess fall/winter of 2009 as being within 5% of the price bottom, but a lot of good deals will be had later this year. We’re almost ready to leap.
June 16, 2008 at 7:54 PM #223439hipmattParticipantFor the record, I don’t have any tattoos, and the chip is now off of my shoulder. It is all in the name of smart debate anyways, which I know that you are TG.
I did read an article in the PE last week that stated that “foreclosure activity in the IE” I believe thats how they worded it, is up 98% in May 08, vs May 07. This info troubles me, in that we know how bad the FB activity in 07 impacted 08 earlier this year. For it to be nearly twice as bad this year is a statement I believe. When info like this comes out, I just don’t see an end in sight… So TG, when you tell me to buy in 12 months or I’ll be priced out forever… It starts to sound like you work for the NAR…
I’ll see if I can find a link… found it, worth a read..
http://www.pe.com/business/realestate/stories/PE_Biz_S_foreclosures13.3973c79.htmlAlso, you guys are right, compared to its neighbor Murrieta, Temecula has far better planned their city. Much smarter, and well laid out, seems like they took fewer bribes from the builders, and I like the abundance of parks within the city. Also seems like they made some smart choices on businesses that they allowed and tax revenue they provided.
June 16, 2008 at 7:54 PM #223544hipmattParticipantFor the record, I don’t have any tattoos, and the chip is now off of my shoulder. It is all in the name of smart debate anyways, which I know that you are TG.
I did read an article in the PE last week that stated that “foreclosure activity in the IE” I believe thats how they worded it, is up 98% in May 08, vs May 07. This info troubles me, in that we know how bad the FB activity in 07 impacted 08 earlier this year. For it to be nearly twice as bad this year is a statement I believe. When info like this comes out, I just don’t see an end in sight… So TG, when you tell me to buy in 12 months or I’ll be priced out forever… It starts to sound like you work for the NAR…
I’ll see if I can find a link… found it, worth a read..
http://www.pe.com/business/realestate/stories/PE_Biz_S_foreclosures13.3973c79.htmlAlso, you guys are right, compared to its neighbor Murrieta, Temecula has far better planned their city. Much smarter, and well laid out, seems like they took fewer bribes from the builders, and I like the abundance of parks within the city. Also seems like they made some smart choices on businesses that they allowed and tax revenue they provided.
June 16, 2008 at 7:54 PM #223561hipmattParticipantFor the record, I don’t have any tattoos, and the chip is now off of my shoulder. It is all in the name of smart debate anyways, which I know that you are TG.
I did read an article in the PE last week that stated that “foreclosure activity in the IE” I believe thats how they worded it, is up 98% in May 08, vs May 07. This info troubles me, in that we know how bad the FB activity in 07 impacted 08 earlier this year. For it to be nearly twice as bad this year is a statement I believe. When info like this comes out, I just don’t see an end in sight… So TG, when you tell me to buy in 12 months or I’ll be priced out forever… It starts to sound like you work for the NAR…
I’ll see if I can find a link… found it, worth a read..
http://www.pe.com/business/realestate/stories/PE_Biz_S_foreclosures13.3973c79.htmlAlso, you guys are right, compared to its neighbor Murrieta, Temecula has far better planned their city. Much smarter, and well laid out, seems like they took fewer bribes from the builders, and I like the abundance of parks within the city. Also seems like they made some smart choices on businesses that they allowed and tax revenue they provided.
June 16, 2008 at 7:54 PM #223591hipmattParticipantFor the record, I don’t have any tattoos, and the chip is now off of my shoulder. It is all in the name of smart debate anyways, which I know that you are TG.
I did read an article in the PE last week that stated that “foreclosure activity in the IE” I believe thats how they worded it, is up 98% in May 08, vs May 07. This info troubles me, in that we know how bad the FB activity in 07 impacted 08 earlier this year. For it to be nearly twice as bad this year is a statement I believe. When info like this comes out, I just don’t see an end in sight… So TG, when you tell me to buy in 12 months or I’ll be priced out forever… It starts to sound like you work for the NAR…
I’ll see if I can find a link… found it, worth a read..
http://www.pe.com/business/realestate/stories/PE_Biz_S_foreclosures13.3973c79.htmlAlso, you guys are right, compared to its neighbor Murrieta, Temecula has far better planned their city. Much smarter, and well laid out, seems like they took fewer bribes from the builders, and I like the abundance of parks within the city. Also seems like they made some smart choices on businesses that they allowed and tax revenue they provided.
June 16, 2008 at 7:54 PM #223607hipmattParticipantFor the record, I don’t have any tattoos, and the chip is now off of my shoulder. It is all in the name of smart debate anyways, which I know that you are TG.
I did read an article in the PE last week that stated that “foreclosure activity in the IE” I believe thats how they worded it, is up 98% in May 08, vs May 07. This info troubles me, in that we know how bad the FB activity in 07 impacted 08 earlier this year. For it to be nearly twice as bad this year is a statement I believe. When info like this comes out, I just don’t see an end in sight… So TG, when you tell me to buy in 12 months or I’ll be priced out forever… It starts to sound like you work for the NAR…
I’ll see if I can find a link… found it, worth a read..
http://www.pe.com/business/realestate/stories/PE_Biz_S_foreclosures13.3973c79.htmlAlso, you guys are right, compared to its neighbor Murrieta, Temecula has far better planned their city. Much smarter, and well laid out, seems like they took fewer bribes from the builders, and I like the abundance of parks within the city. Also seems like they made some smart choices on businesses that they allowed and tax revenue they provided.
June 16, 2008 at 10:22 PM #223512AnonymousGuestHipmatt, I just want to make clear that I wasn’t insinuating you had tatoos. I was just being silly although I do think tatoos look cheap/trashy.
June 16, 2008 at 10:22 PM #223613AnonymousGuestHipmatt, I just want to make clear that I wasn’t insinuating you had tatoos. I was just being silly although I do think tatoos look cheap/trashy.
June 16, 2008 at 10:22 PM #223630AnonymousGuestHipmatt, I just want to make clear that I wasn’t insinuating you had tatoos. I was just being silly although I do think tatoos look cheap/trashy.
June 16, 2008 at 10:22 PM #223660AnonymousGuestHipmatt, I just want to make clear that I wasn’t insinuating you had tatoos. I was just being silly although I do think tatoos look cheap/trashy.
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