The future of Temecula & Murieta ?

[Nor-LA-SD-guy]

Personally I think HOA’s are just a big waste of money and time (unless you manage an HOA that is then it is a quite profitable job), These issues are much better handled by City CCRs.

It is very hard to find a home in Temecula that does not have an HOA which I think is a very sad thing on it’s own.

One thing you got to remember about HOA’s
Over time HOA fee’s only go in one direction – UP

And once installed, they take an act of congress to remove.

[kewp]

What I don’t get is why everyone is so focused on bailouts vs. engineering our way out of this situation.

My personal solution to high oil prices was to engineer my life so I didn’t need to drive as much and then buy some petroleum futures (amongst other things) with the savings. High gas prices are money in the bank for me.

No reason anyone else can’t do the same. Sell your house and your car, rent an apartment and become an oil speculator.

Same thing with the exurbs and IE. Let the market find a solution.

[kewp]

What I don’t get is why everyone is so focused on bailouts vs. engineering our way out of this situation.

My personal solution to high oil prices was to engineer my life so I didn’t need to drive as much and then buy some petroleum futures (amongst other things) with the savings. High gas prices are money in the bank for me.

No reason anyone else can’t do the same. Sell your house and your car, rent an apartment and become an oil speculator.

Same thing with the exurbs and IE. Let the market find a solution.

[kewp]

What I don’t get is why everyone is so focused on bailouts vs. engineering our way out of this situation.

My personal solution to high oil prices was to engineer my life so I didn’t need to drive as much and then buy some petroleum futures (amongst other things) with the savings. High gas prices are money in the bank for me.

No reason anyone else can’t do the same. Sell your house and your car, rent an apartment and become an oil speculator.

Same thing with the exurbs and IE. Let the market find a solution.

[kewp]

What I don’t get is why everyone is so focused on bailouts vs. engineering our way out of this situation.

My personal solution to high oil prices was to engineer my life so I didn’t need to drive as much and then buy some petroleum futures (amongst other things) with the savings. High gas prices are money in the bank for me.

No reason anyone else can’t do the same. Sell your house and your car, rent an apartment and become an oil speculator.

Same thing with the exurbs and IE. Let the market find a solution.

[kewp]

What I don’t get is why everyone is so focused on bailouts vs. engineering our way out of this situation.

My personal solution to high oil prices was to engineer my life so I didn’t need to drive as much and then buy some petroleum futures (amongst other things) with the savings. High gas prices are money in the bank for me.

No reason anyone else can’t do the same. Sell your house and your car, rent an apartment and become an oil speculator.

Same thing with the exurbs and IE. Let the market find a solution.

[Nor-LA-SD-guy]

As far a energy futures go , good luck with that…

Just my conspiracy thinking mind but , Lets say you were in the Oil industry, You knew This administration was your last chance ever to exploit the U.S. federal lands and keep your industry alive, because once the next administration gets in, the country was going to move with real purpose in a completely different direction as far as energy was concerned.

Now how hard would you be trying to make this happen,

Anyway just my two cents.

[Nor-LA-SD-guy]

As far a energy futures go , good luck with that…

Just my conspiracy thinking mind but , Lets say you were in the Oil industry, You knew This administration was your last chance ever to exploit the U.S. federal lands and keep your industry alive, because once the next administration gets in, the country was going to move with real purpose in a completely different direction as far as energy was concerned.

Now how hard would you be trying to make this happen,

Anyway just my two cents.

[Nor-LA-SD-guy]

As far a energy futures go , good luck with that…

Just my conspiracy thinking mind but , Lets say you were in the Oil industry, You knew This administration was your last chance ever to exploit the U.S. federal lands and keep your industry alive, because once the next administration gets in, the country was going to move with real purpose in a completely different direction as far as energy was concerned.

Now how hard would you be trying to make this happen,

Anyway just my two cents.

[Nor-LA-SD-guy]

As far a energy futures go , good luck with that…

Just my conspiracy thinking mind but , Lets say you were in the Oil industry, You knew This administration was your last chance ever to exploit the U.S. federal lands and keep your industry alive, because once the next administration gets in, the country was going to move with real purpose in a completely different direction as far as energy was concerned.

Now how hard would you be trying to make this happen,

Anyway just my two cents.

[Nor-LA-SD-guy]

As far a energy futures go , good luck with that…

Just my conspiracy thinking mind but , Lets say you were in the Oil industry, You knew This administration was your last chance ever to exploit the U.S. federal lands and keep your industry alive, because once the next administration gets in, the country was going to move with real purpose in a completely different direction as far as energy was concerned.

Now how hard would you be trying to make this happen,

Anyway just my two cents.

[bsrsharma]

Analyst sees ‘ghost town’ in Inland Empire:

A financial analyst fresh from a tour of construction sites in the Inland Empire is warning Wall Street of a “ghost town” where finished homes sit vacant and additional homes are still under construction.

“At several properties, there were a significant number of fully built homes sitting vacant along with a large number of additional homes still under construction,” Sandler O’Neill & Partners analyst Aaron Deer wrote today after touring developments in Corona and Ontario. “At one master plan community, the entire development appeared to be vacant — with the exception of crews working on new construction, it was a ghost town.”

Median home prices in both communities have dropped sharply over the last year, declining 33.6% in Corona and 30.3% in Ontario, according to DataQuick Information Systems. In Corona, the median sales price fell nearly $200,000 from May 2007 to May 2008, dropping from $565,000 to $375,000.

More from Deer’s note: “The homes all appeared to be empty, and there were no prospective buyers anywhere to be found. Surprisingly, the sales office was open … but the woman working there had questionable English fluency. When asked how many homes had been sold in the past month she simply responded, ‘Uh huh. Thank you. Yes!’ and handed us some additional literature on the property.”

More: “Perhaps the most interesting aspect to the development was what it revealed about the nature of the housing boom: that at the peak even the most undesirable and remote locations were worthy of expensive, high-end homes.”

Overall, Deer’s note on the California economy — and the relative health of California-based banks and thrifts — strikes a balanced chord, reporting that, while the “outlook remains gloomy,” “the pace of new problems has slowed somewhat.”

http://latimesblogs.latimes.com/laland/2008/07/analyst-sees-gh.html

[bsrsharma]

Analyst sees ‘ghost town’ in Inland Empire:

A financial analyst fresh from a tour of construction sites in the Inland Empire is warning Wall Street of a “ghost town” where finished homes sit vacant and additional homes are still under construction.

“At several properties, there were a significant number of fully built homes sitting vacant along with a large number of additional homes still under construction,” Sandler O’Neill & Partners analyst Aaron Deer wrote today after touring developments in Corona and Ontario. “At one master plan community, the entire development appeared to be vacant — with the exception of crews working on new construction, it was a ghost town.”

Median home prices in both communities have dropped sharply over the last year, declining 33.6% in Corona and 30.3% in Ontario, according to DataQuick Information Systems. In Corona, the median sales price fell nearly $200,000 from May 2007 to May 2008, dropping from $565,000 to $375,000.

More from Deer’s note: “The homes all appeared to be empty, and there were no prospective buyers anywhere to be found. Surprisingly, the sales office was open … but the woman working there had questionable English fluency. When asked how many homes had been sold in the past month she simply responded, ‘Uh huh. Thank you. Yes!’ and handed us some additional literature on the property.”

More: “Perhaps the most interesting aspect to the development was what it revealed about the nature of the housing boom: that at the peak even the most undesirable and remote locations were worthy of expensive, high-end homes.”

Overall, Deer’s note on the California economy — and the relative health of California-based banks and thrifts — strikes a balanced chord, reporting that, while the “outlook remains gloomy,” “the pace of new problems has slowed somewhat.”

http://latimesblogs.latimes.com/laland/2008/07/analyst-sees-gh.html

[bsrsharma]

Analyst sees ‘ghost town’ in Inland Empire:

A financial analyst fresh from a tour of construction sites in the Inland Empire is warning Wall Street of a “ghost town” where finished homes sit vacant and additional homes are still under construction.

“At several properties, there were a significant number of fully built homes sitting vacant along with a large number of additional homes still under construction,” Sandler O’Neill & Partners analyst Aaron Deer wrote today after touring developments in Corona and Ontario. “At one master plan community, the entire development appeared to be vacant — with the exception of crews working on new construction, it was a ghost town.”

Median home prices in both communities have dropped sharply over the last year, declining 33.6% in Corona and 30.3% in Ontario, according to DataQuick Information Systems. In Corona, the median sales price fell nearly $200,000 from May 2007 to May 2008, dropping from $565,000 to $375,000.

More from Deer’s note: “The homes all appeared to be empty, and there were no prospective buyers anywhere to be found. Surprisingly, the sales office was open … but the woman working there had questionable English fluency. When asked how many homes had been sold in the past month she simply responded, ‘Uh huh. Thank you. Yes!’ and handed us some additional literature on the property.”

More: “Perhaps the most interesting aspect to the development was what it revealed about the nature of the housing boom: that at the peak even the most undesirable and remote locations were worthy of expensive, high-end homes.”

Overall, Deer’s note on the California economy — and the relative health of California-based banks and thrifts — strikes a balanced chord, reporting that, while the “outlook remains gloomy,” “the pace of new problems has slowed somewhat.”

http://latimesblogs.latimes.com/laland/2008/07/analyst-sees-gh.html

[bsrsharma]

Analyst sees ‘ghost town’ in Inland Empire:

A financial analyst fresh from a tour of construction sites in the Inland Empire is warning Wall Street of a “ghost town” where finished homes sit vacant and additional homes are still under construction.

“At several properties, there were a significant number of fully built homes sitting vacant along with a large number of additional homes still under construction,” Sandler O’Neill & Partners analyst Aaron Deer wrote today after touring developments in Corona and Ontario. “At one master plan community, the entire development appeared to be vacant — with the exception of crews working on new construction, it was a ghost town.”

Median home prices in both communities have dropped sharply over the last year, declining 33.6% in Corona and 30.3% in Ontario, according to DataQuick Information Systems. In Corona, the median sales price fell nearly $200,000 from May 2007 to May 2008, dropping from $565,000 to $375,000.

More from Deer’s note: “The homes all appeared to be empty, and there were no prospective buyers anywhere to be found. Surprisingly, the sales office was open … but the woman working there had questionable English fluency. When asked how many homes had been sold in the past month she simply responded, ‘Uh huh. Thank you. Yes!’ and handed us some additional literature on the property.”

More: “Perhaps the most interesting aspect to the development was what it revealed about the nature of the housing boom: that at the peak even the most undesirable and remote locations were worthy of expensive, high-end homes.”

Overall, Deer’s note on the California economy — and the relative health of California-based banks and thrifts — strikes a balanced chord, reporting that, while the “outlook remains gloomy,” “the pace of new problems has slowed somewhat.”

http://latimesblogs.latimes.com/laland/2008/07/analyst-sees-gh.html

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