The next chunk down in Temecula

[temeculaguy]

Saw a couple of drastic price reductions, to my brothers and sisters on the boards that are already shopping in Temecula, have at it. I’d rather one of my homies get one of these since they aren’t the right size for me. Don’t want to increase my carbon footprint and have no desire to vaccuum more than 3000 sq ft.

http://www.immobel.com/personal/1_3_1/listingDetails.do?featured_int=0&c_mtype=res&searchId=0&minprice=300000&c_type=&xml=1&serverId=0&rpp=15&c_year-built=&c_garage=&la=EN&cu=USD&ssid=0&per=mrmls&c_zipcode=92592&c_city=&st=0&maxprice=340000&back1=%2Fpersonal%2F1_3_1%2FsearchResults.do&of=25078025

2 sets of stairs, three stories, on the outskirts but still in Redhawk just a little too big for a single guy who hates cleaning, but at 339k for over 4000 sq ft, quite the bargain. Redfin has it listed at 429k but they are usually late on price drops. it’s 2004 price was 625k, these were in the 750k range in 2006.

And another http://www.redfin.com/CA/Temecula/32201-FIRESIDE-Dr-92592/home/12273856

Wolf creeks redwood 369k $106 a square, sold new for 750k 14 months ago, three others on the street are listed at 600k, new ones are about 450k after incentives. httpp://www.standardpacificinland.com/bestdeals-detail.php?id=193.

Over 375k loss in 14 months, that’s about 30k a month, nice!!!

When banks compete, you win. Two months ago I posted a few that were huge drops and they did cause a lot of bids but when I checked the final sales price it averaged at about 10k over list after 100-150k drops in list price overnight. It does do one thing, it sells them in under a week and it’s sets a new low for the next listing. Bring it on.

Have a drink on me and here’s to kicking the last wheel off this bus.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[gdcox]

These are outstandingly ugly houses!

[gdcox]

These are outstandingly ugly houses!

[gdcox]

These are outstandingly ugly houses!

[gdcox]

These are outstandingly ugly houses!

[gdcox]

These are outstandingly ugly houses!

[hipmatt]

TG, my experiences are completely different. I am seeing new listings come on the market with 2005 bubble prices. I am seeing sellers in denial and many basic tract homes priced above $200 per square foot. I was actually going to post a thread to get everyones opinions.

Take Crown Hill, which is way over valued. Most of the homes in there are still over $500k and many are nearly $700k. I am shocked, these homes have been on the market for months. What do the sellers think is going to happen?

From what I’ve seen, the desirable Bank owned homes that are priced well get MANY(I’ve seen about 5 properties that have had at least 20 offers) offers, and usually sell within 3 days of being on the market. I can only assume that all of the buyers are competing for these drastically reduced homes, while the clowns selling their McMansions for $650k will be victims of 2009.

[hipmatt]

TG, my experiences are completely different. I am seeing new listings come on the market with 2005 bubble prices. I am seeing sellers in denial and many basic tract homes priced above $200 per square foot. I was actually going to post a thread to get everyones opinions.

Take Crown Hill, which is way over valued. Most of the homes in there are still over $500k and many are nearly $700k. I am shocked, these homes have been on the market for months. What do the sellers think is going to happen?

From what I’ve seen, the desirable Bank owned homes that are priced well get MANY(I’ve seen about 5 properties that have had at least 20 offers) offers, and usually sell within 3 days of being on the market. I can only assume that all of the buyers are competing for these drastically reduced homes, while the clowns selling their McMansions for $650k will be victims of 2009.

[hipmatt]

TG, my experiences are completely different. I am seeing new listings come on the market with 2005 bubble prices. I am seeing sellers in denial and many basic tract homes priced above $200 per square foot. I was actually going to post a thread to get everyones opinions.

Take Crown Hill, which is way over valued. Most of the homes in there are still over $500k and many are nearly $700k. I am shocked, these homes have been on the market for months. What do the sellers think is going to happen?

From what I’ve seen, the desirable Bank owned homes that are priced well get MANY(I’ve seen about 5 properties that have had at least 20 offers) offers, and usually sell within 3 days of being on the market. I can only assume that all of the buyers are competing for these drastically reduced homes, while the clowns selling their McMansions for $650k will be victims of 2009.

[hipmatt]

TG, my experiences are completely different. I am seeing new listings come on the market with 2005 bubble prices. I am seeing sellers in denial and many basic tract homes priced above $200 per square foot. I was actually going to post a thread to get everyones opinions.

Take Crown Hill, which is way over valued. Most of the homes in there are still over $500k and many are nearly $700k. I am shocked, these homes have been on the market for months. What do the sellers think is going to happen?

From what I’ve seen, the desirable Bank owned homes that are priced well get MANY(I’ve seen about 5 properties that have had at least 20 offers) offers, and usually sell within 3 days of being on the market. I can only assume that all of the buyers are competing for these drastically reduced homes, while the clowns selling their McMansions for $650k will be victims of 2009.

[Author]

Posts