The next chunk down in Temecula

[temeculaguy]

Oh god, open space people, open space is another word for fire space. dharma, they have been kicking around the offramp idea for a few years, the trouble has more to do with the giant granite mountains in the way rather than critters. One plan is to have an offramp near the BP checkpoint and go around and through morgan at butterfield straight up through to hemet, the other is just to go straight to the casino and that’s it, keeping gamblers from even needing to enter the city since the casino is the first thing they would come to. My guess is direct offramp will win since both ideas need indian land and they will be more likely to give it up to increase casino access than commuter access to french valley and hemet. Plus all the merchants on Winchester aren’t fired up to let everyone bypass the city and it will ruin Morgan Hill, cutting it half with a major road. Locals win either way, spreads things out. There was an article in the paper today about the widening of pechanga parkway costing 30% less than they had allocated, a benefit from the housing bust is that construction of infrastructure is cheaper, I think it is going to cost them 8.9 mil instead of 12 mil that they budgeted for it, they got 11 bids and all but one was under 10 mil. hopefully a lot more will get done while things are cheap and the open space people cant complain because all the critters are already dead from the fire. What open space people dont get is that firefighters cant defend open space, you need a road and some water pipes to defend it, which is better, a road going through the habitat or having them all burned up every couple of years and that open space does burn every few years, it gets put out as soon at reaches the first road or golf course, every time.

[temeculaguy]

Baron, Morgan is very nice and is just starting to hit the high 3’s but they sell when they hit. I’d buy there when the sub 3k sq fters hit sub 300k, I love the clubhouse, hate the taxes there. You will find 350k on a 5br no problem and you are right they are getting closer by the day. The actual models at the end of tudal were all huge and went for just over 4 recently, there was a 1 story in that tract was big. Not many other tracts in there have 1 story homes, so your selection is limited. There are some huge 1 story places on huge lots just behing morgan, in morgan valley but I’m not sure you are part of the association or get clubhouse access. they went sold in the 7’s and 8’s, now the shorts and repos can be found in the 4’s, but over 4k sq ft one story homes on a third of an acre, they are unique.

http://www.redfin.com/CA/Temecula/45122-Saddleback-Ct-92592/home/12459158

Youve got all that bubble money, just wait for these to hit 500k and go for it, ultimate mancaves, the third car garage is motorhome height. They sold for a mil new, so 500k is not out of the question, these are the kind of places that would make even mee utter the words “interest only loan please.”

http://www.redfin.com/CA/Temecula/34003-Arietta-92592/home/6571039/mrmls-T08041024

http://www.redfin.com/CA/Temecula/44950-Frogs-Leap-St-92592/home/6644108

those aren’t garages, those are like airplane hangers, you could put a hydraullic lift in there, I need to take a cold shower now.

[temeculaguy]

Baron, Morgan is very nice and is just starting to hit the high 3’s but they sell when they hit. I’d buy there when the sub 3k sq fters hit sub 300k, I love the clubhouse, hate the taxes there. You will find 350k on a 5br no problem and you are right they are getting closer by the day. The actual models at the end of tudal were all huge and went for just over 4 recently, there was a 1 story in that tract was big. Not many other tracts in there have 1 story homes, so your selection is limited. There are some huge 1 story places on huge lots just behing morgan, in morgan valley but I’m not sure you are part of the association or get clubhouse access. they went sold in the 7’s and 8’s, now the shorts and repos can be found in the 4’s, but over 4k sq ft one story homes on a third of an acre, they are unique.

http://www.redfin.com/CA/Temecula/45122-Saddleback-Ct-92592/home/12459158

Youve got all that bubble money, just wait for these to hit 500k and go for it, ultimate mancaves, the third car garage is motorhome height. They sold for a mil new, so 500k is not out of the question, these are the kind of places that would make even mee utter the words “interest only loan please.”

http://www.redfin.com/CA/Temecula/34003-Arietta-92592/home/6571039/mrmls-T08041024

http://www.redfin.com/CA/Temecula/44950-Frogs-Leap-St-92592/home/6644108

those aren’t garages, those are like airplane hangers, you could put a hydraullic lift in there, I need to take a cold shower now.

[temeculaguy]

Baron, Morgan is very nice and is just starting to hit the high 3’s but they sell when they hit. I’d buy there when the sub 3k sq fters hit sub 300k, I love the clubhouse, hate the taxes there. You will find 350k on a 5br no problem and you are right they are getting closer by the day. The actual models at the end of tudal were all huge and went for just over 4 recently, there was a 1 story in that tract was big. Not many other tracts in there have 1 story homes, so your selection is limited. There are some huge 1 story places on huge lots just behing morgan, in morgan valley but I’m not sure you are part of the association or get clubhouse access. they went sold in the 7’s and 8’s, now the shorts and repos can be found in the 4’s, but over 4k sq ft one story homes on a third of an acre, they are unique.

http://www.redfin.com/CA/Temecula/45122-Saddleback-Ct-92592/home/12459158

Youve got all that bubble money, just wait for these to hit 500k and go for it, ultimate mancaves, the third car garage is motorhome height. They sold for a mil new, so 500k is not out of the question, these are the kind of places that would make even mee utter the words “interest only loan please.”

http://www.redfin.com/CA/Temecula/34003-Arietta-92592/home/6571039/mrmls-T08041024

http://www.redfin.com/CA/Temecula/44950-Frogs-Leap-St-92592/home/6644108

those aren’t garages, those are like airplane hangers, you could put a hydraullic lift in there, I need to take a cold shower now.

[temeculaguy]

Baron, Morgan is very nice and is just starting to hit the high 3’s but they sell when they hit. I’d buy there when the sub 3k sq fters hit sub 300k, I love the clubhouse, hate the taxes there. You will find 350k on a 5br no problem and you are right they are getting closer by the day. The actual models at the end of tudal were all huge and went for just over 4 recently, there was a 1 story in that tract was big. Not many other tracts in there have 1 story homes, so your selection is limited. There are some huge 1 story places on huge lots just behing morgan, in morgan valley but I’m not sure you are part of the association or get clubhouse access. they went sold in the 7’s and 8’s, now the shorts and repos can be found in the 4’s, but over 4k sq ft one story homes on a third of an acre, they are unique.

http://www.redfin.com/CA/Temecula/45122-Saddleback-Ct-92592/home/12459158

Youve got all that bubble money, just wait for these to hit 500k and go for it, ultimate mancaves, the third car garage is motorhome height. They sold for a mil new, so 500k is not out of the question, these are the kind of places that would make even mee utter the words “interest only loan please.”

http://www.redfin.com/CA/Temecula/34003-Arietta-92592/home/6571039/mrmls-T08041024

http://www.redfin.com/CA/Temecula/44950-Frogs-Leap-St-92592/home/6644108

those aren’t garages, those are like airplane hangers, you could put a hydraullic lift in there, I need to take a cold shower now.

[temeculaguy]

Baron, Morgan is very nice and is just starting to hit the high 3’s but they sell when they hit. I’d buy there when the sub 3k sq fters hit sub 300k, I love the clubhouse, hate the taxes there. You will find 350k on a 5br no problem and you are right they are getting closer by the day. The actual models at the end of tudal were all huge and went for just over 4 recently, there was a 1 story in that tract was big. Not many other tracts in there have 1 story homes, so your selection is limited. There are some huge 1 story places on huge lots just behing morgan, in morgan valley but I’m not sure you are part of the association or get clubhouse access. they went sold in the 7’s and 8’s, now the shorts and repos can be found in the 4’s, but over 4k sq ft one story homes on a third of an acre, they are unique.

http://www.redfin.com/CA/Temecula/45122-Saddleback-Ct-92592/home/12459158

Youve got all that bubble money, just wait for these to hit 500k and go for it, ultimate mancaves, the third car garage is motorhome height. They sold for a mil new, so 500k is not out of the question, these are the kind of places that would make even mee utter the words “interest only loan please.”

http://www.redfin.com/CA/Temecula/34003-Arietta-92592/home/6571039/mrmls-T08041024

http://www.redfin.com/CA/Temecula/44950-Frogs-Leap-St-92592/home/6644108

those aren’t garages, those are like airplane hangers, you could put a hydraullic lift in there, I need to take a cold shower now.

[Baron von Rothschild]

Our weekend field trip to Temecula was fascinating. Here’s the report:

1. Butterfield Stage Road is built big. It’s clear from the ariel photo in the builder sales office that this road will be a major traffic route when completed. Yuck.

2. I agree with TG that sub-3,000 foot homes in Morgan Hills need to be under $300,000 (and not near Butterfield). The builder is looking for high $400,000s now and resales in the upper $300,000s to low $400,000s. In fact, the entire city of Temecula still feels 30-40% overvalued. And every $3 per barrel of oil seems like it would shave another 1% off value.

3. TG, my wife was confused by the RV garages in the $1 million homes you like. We’ve never seen RV garages and aren’t sure what to make of them. It looks like 4-5 of those properties are in immediate trouble and may be lost to foreclosure. The good news is that these people won’t be homeless (wife’s joke).

[Baron von Rothschild]

Our weekend field trip to Temecula was fascinating. Here’s the report:

1. Butterfield Stage Road is built big. It’s clear from the ariel photo in the builder sales office that this road will be a major traffic route when completed. Yuck.

2. I agree with TG that sub-3,000 foot homes in Morgan Hills need to be under $300,000 (and not near Butterfield). The builder is looking for high $400,000s now and resales in the upper $300,000s to low $400,000s. In fact, the entire city of Temecula still feels 30-40% overvalued. And every $3 per barrel of oil seems like it would shave another 1% off value.

3. TG, my wife was confused by the RV garages in the $1 million homes you like. We’ve never seen RV garages and aren’t sure what to make of them. It looks like 4-5 of those properties are in immediate trouble and may be lost to foreclosure. The good news is that these people won’t be homeless (wife’s joke).

[Baron von Rothschild]

Our weekend field trip to Temecula was fascinating. Here’s the report:

1. Butterfield Stage Road is built big. It’s clear from the ariel photo in the builder sales office that this road will be a major traffic route when completed. Yuck.

2. I agree with TG that sub-3,000 foot homes in Morgan Hills need to be under $300,000 (and not near Butterfield). The builder is looking for high $400,000s now and resales in the upper $300,000s to low $400,000s. In fact, the entire city of Temecula still feels 30-40% overvalued. And every $3 per barrel of oil seems like it would shave another 1% off value.

3. TG, my wife was confused by the RV garages in the $1 million homes you like. We’ve never seen RV garages and aren’t sure what to make of them. It looks like 4-5 of those properties are in immediate trouble and may be lost to foreclosure. The good news is that these people won’t be homeless (wife’s joke).

[Baron von Rothschild]

Our weekend field trip to Temecula was fascinating. Here’s the report:

1. Butterfield Stage Road is built big. It’s clear from the ariel photo in the builder sales office that this road will be a major traffic route when completed. Yuck.

2. I agree with TG that sub-3,000 foot homes in Morgan Hills need to be under $300,000 (and not near Butterfield). The builder is looking for high $400,000s now and resales in the upper $300,000s to low $400,000s. In fact, the entire city of Temecula still feels 30-40% overvalued. And every $3 per barrel of oil seems like it would shave another 1% off value.

3. TG, my wife was confused by the RV garages in the $1 million homes you like. We’ve never seen RV garages and aren’t sure what to make of them. It looks like 4-5 of those properties are in immediate trouble and may be lost to foreclosure. The good news is that these people won’t be homeless (wife’s joke).

[Baron von Rothschild]

Our weekend field trip to Temecula was fascinating. Here’s the report:

1. Butterfield Stage Road is built big. It’s clear from the ariel photo in the builder sales office that this road will be a major traffic route when completed. Yuck.

2. I agree with TG that sub-3,000 foot homes in Morgan Hills need to be under $300,000 (and not near Butterfield). The builder is looking for high $400,000s now and resales in the upper $300,000s to low $400,000s. In fact, the entire city of Temecula still feels 30-40% overvalued. And every $3 per barrel of oil seems like it would shave another 1% off value.

3. TG, my wife was confused by the RV garages in the $1 million homes you like. We’ve never seen RV garages and aren’t sure what to make of them. It looks like 4-5 of those properties are in immediate trouble and may be lost to foreclosure. The good news is that these people won’t be homeless (wife’s joke).

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