Temecula & Murrieta

[bearvine]

TG- Morgan street breakdown

Ventana- you know
K Hov- all the houses on the side of Morgan Hill Dr where the school is, Tudal, Vine Cliff, Milat, etc
Shea- opposite side where Sattui meets
McMillin’s Cristal and Artessa are in the section that has Mumm on the ridgeline, with it divided almost equally in half, with the Star Hill side being Cristal and the Flora Springs side Artessa. On Mumm, the houses of each are divided by the fire access I believe.

As you already know, you’ll get a better deal per sq ft with the larger homes. After you seal off the room, I’m sure you can find something to do with the space. Perhaps theme rooms to entertain your guests.

Best deals will be on the Artessa side, such as the home listed on Mumm. Earlier in 06 or 07 I offered $420k on an REO of that same model, with upgrades and hardscape. Thankfully, it was turned down.

I’m not sure if everyone is as happy as they used to be in Morgan Hill now, but it was the nicest of the neighborhoods we had exposure to while we were out there.

[temeculaguy]

Thanks bear, I like them all except the Shea, and I agree that the deals will be on West side of Butterfield, but I like that side. I think the K hov’s are the nicest but they are also the biggest. On the newer side the repos are just starting, this one came up today at 425k down from 750k, its a 4000 sqft+ whopper but it is ones like these that lead me to believe the slightly older and smaller ones are doomed

http://www.redfin.com/CA/Temecula/34088-Amici-St-92592/home/6644163

DW, the appraisals on that one are closer to each other and all off by almost 200k. Those appraisal sites use recent data, unfortunatley they think the definition of “recent” is a year. They need to change their parameters to something akin to the shelf life of milk in order to get an accurate snapshot of of the meltdown. Houses like these have lost over 300k in 24 months, close to 10-15k a month, or $500 a day, get an appraisal done on Friday and by Monday it’s off by $1500. I love it when a realtor uses the phrase “recent appraisal,” I interrupt and ask “was the appraisal done in the morning or the afternoon, because if it was done this morning, it may not be recent enough.”

[temeculaguy]

Thanks bear, I like them all except the Shea, and I agree that the deals will be on West side of Butterfield, but I like that side. I think the K hov’s are the nicest but they are also the biggest. On the newer side the repos are just starting, this one came up today at 425k down from 750k, its a 4000 sqft+ whopper but it is ones like these that lead me to believe the slightly older and smaller ones are doomed

http://www.redfin.com/CA/Temecula/34088-Amici-St-92592/home/6644163

DW, the appraisals on that one are closer to each other and all off by almost 200k. Those appraisal sites use recent data, unfortunatley they think the definition of “recent” is a year. They need to change their parameters to something akin to the shelf life of milk in order to get an accurate snapshot of of the meltdown. Houses like these have lost over 300k in 24 months, close to 10-15k a month, or $500 a day, get an appraisal done on Friday and by Monday it’s off by $1500. I love it when a realtor uses the phrase “recent appraisal,” I interrupt and ask “was the appraisal done in the morning or the afternoon, because if it was done this morning, it may not be recent enough.”

[temeculaguy]

Thanks bear, I like them all except the Shea, and I agree that the deals will be on West side of Butterfield, but I like that side. I think the K hov’s are the nicest but they are also the biggest. On the newer side the repos are just starting, this one came up today at 425k down from 750k, its a 4000 sqft+ whopper but it is ones like these that lead me to believe the slightly older and smaller ones are doomed

http://www.redfin.com/CA/Temecula/34088-Amici-St-92592/home/6644163

DW, the appraisals on that one are closer to each other and all off by almost 200k. Those appraisal sites use recent data, unfortunatley they think the definition of “recent” is a year. They need to change their parameters to something akin to the shelf life of milk in order to get an accurate snapshot of of the meltdown. Houses like these have lost over 300k in 24 months, close to 10-15k a month, or $500 a day, get an appraisal done on Friday and by Monday it’s off by $1500. I love it when a realtor uses the phrase “recent appraisal,” I interrupt and ask “was the appraisal done in the morning or the afternoon, because if it was done this morning, it may not be recent enough.”

[temeculaguy]

Thanks bear, I like them all except the Shea, and I agree that the deals will be on West side of Butterfield, but I like that side. I think the K hov’s are the nicest but they are also the biggest. On the newer side the repos are just starting, this one came up today at 425k down from 750k, its a 4000 sqft+ whopper but it is ones like these that lead me to believe the slightly older and smaller ones are doomed

http://www.redfin.com/CA/Temecula/34088-Amici-St-92592/home/6644163

DW, the appraisals on that one are closer to each other and all off by almost 200k. Those appraisal sites use recent data, unfortunatley they think the definition of “recent” is a year. They need to change their parameters to something akin to the shelf life of milk in order to get an accurate snapshot of of the meltdown. Houses like these have lost over 300k in 24 months, close to 10-15k a month, or $500 a day, get an appraisal done on Friday and by Monday it’s off by $1500. I love it when a realtor uses the phrase “recent appraisal,” I interrupt and ask “was the appraisal done in the morning or the afternoon, because if it was done this morning, it may not be recent enough.”

[temeculaguy]

Thanks bear, I like them all except the Shea, and I agree that the deals will be on West side of Butterfield, but I like that side. I think the K hov’s are the nicest but they are also the biggest. On the newer side the repos are just starting, this one came up today at 425k down from 750k, its a 4000 sqft+ whopper but it is ones like these that lead me to believe the slightly older and smaller ones are doomed

http://www.redfin.com/CA/Temecula/34088-Amici-St-92592/home/6644163

DW, the appraisals on that one are closer to each other and all off by almost 200k. Those appraisal sites use recent data, unfortunatley they think the definition of “recent” is a year. They need to change their parameters to something akin to the shelf life of milk in order to get an accurate snapshot of of the meltdown. Houses like these have lost over 300k in 24 months, close to 10-15k a month, or $500 a day, get an appraisal done on Friday and by Monday it’s off by $1500. I love it when a realtor uses the phrase “recent appraisal,” I interrupt and ask “was the appraisal done in the morning or the afternoon, because if it was done this morning, it may not be recent enough.”

[bearvine]

That’s a nice floorplan, but that deal is not as good as the K Hov Plan 4 model that sold in the 4’s not too long ago.

Anywhere in the mid 3’s is safe for the above house. Not quite my $75 sq ft prediction, but close enough.

The sales crew there must be loving that listing.

[bearvine]

That’s a nice floorplan, but that deal is not as good as the K Hov Plan 4 model that sold in the 4’s not too long ago.

Anywhere in the mid 3’s is safe for the above house. Not quite my $75 sq ft prediction, but close enough.

The sales crew there must be loving that listing.

[bearvine]

That’s a nice floorplan, but that deal is not as good as the K Hov Plan 4 model that sold in the 4’s not too long ago.

Anywhere in the mid 3’s is safe for the above house. Not quite my $75 sq ft prediction, but close enough.

The sales crew there must be loving that listing.

[bearvine]

That’s a nice floorplan, but that deal is not as good as the K Hov Plan 4 model that sold in the 4’s not too long ago.

Anywhere in the mid 3’s is safe for the above house. Not quite my $75 sq ft prediction, but close enough.

The sales crew there must be loving that listing.

[bearvine]

That’s a nice floorplan, but that deal is not as good as the K Hov Plan 4 model that sold in the 4’s not too long ago.

Anywhere in the mid 3’s is safe for the above house. Not quite my $75 sq ft prediction, but close enough.

The sales crew there must be loving that listing.

[temeculaguy]

If they hate that one, then this one must have them on suicide watch.

http://www.redfin.com/CA/Temecula/34098-Amici-St-92592/home/8162997

Same street, smaller floorplan but 350k. Truth is I made some inquiries on some very low priced new listings from this week and much to my dismay they are getting offers the first day on all that I inquired about so the climate isn’t right just yet, until these knuckleheads stop coming in day one at full price or above.

[temeculaguy]

If they hate that one, then this one must have them on suicide watch.

http://www.redfin.com/CA/Temecula/34098-Amici-St-92592/home/8162997

Same street, smaller floorplan but 350k. Truth is I made some inquiries on some very low priced new listings from this week and much to my dismay they are getting offers the first day on all that I inquired about so the climate isn’t right just yet, until these knuckleheads stop coming in day one at full price or above.

[temeculaguy]

If they hate that one, then this one must have them on suicide watch.

http://www.redfin.com/CA/Temecula/34098-Amici-St-92592/home/8162997

Same street, smaller floorplan but 350k. Truth is I made some inquiries on some very low priced new listings from this week and much to my dismay they are getting offers the first day on all that I inquired about so the climate isn’t right just yet, until these knuckleheads stop coming in day one at full price or above.

[temeculaguy]

If they hate that one, then this one must have them on suicide watch.

http://www.redfin.com/CA/Temecula/34098-Amici-St-92592/home/8162997

Same street, smaller floorplan but 350k. Truth is I made some inquiries on some very low priced new listings from this week and much to my dismay they are getting offers the first day on all that I inquired about so the climate isn’t right just yet, until these knuckleheads stop coming in day one at full price or above.

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