I don’t believe Temecula will end up like National City….
Temecula is nice, with lots of money from tourism and crazy ass taxes. A friend of mine who moved there back in like ’93(when 20 something’s could buy out there/and brand new) once said to me, that it was a “rich city”. (National City is a big “dive bar”) She sold her home a while ago(she got 4 kids) and now lives in a huge house/mansion out in the wine country. She commutes down here to visit family and friends all the time, but loves it out there and will never move back. Her husband has his own plumbing business out there somewhere…
Sdhousehunter, thanks for the redfin tip, thier mls searches provide more historical data than zillow or the other public mls sites I use, no wonder the NAR is trying to sue them out of business. I know morgan hill is down 100k, but it wasn’t competetively priced compared to builders within 3 miles, now it’s just as overpriced as the rest of the zip code. Morgan should be priced below other south temecula developments because it’s taxes are significantly higher, it’s not in the city and it doesn’t have paramedic services among other things, pay more, get less shouldn’t equate to higher prices. On average a 600k house pays 3k more per year in taxes by being in morgan vs redhawk and services are inferior. A guestimate is that it needs to be priced 50k less to break even on the taxes. That site you mentioned gave me the proof on the taxes, it lists thier appraised tax value and taxes paid last year, redfin is cool.
Sorry my previous post was on the crabby side, I guess I was in a bad mood yesterday.
Sdhousehunter, thanks for the redfin tip, thier mls searches provide more historical data than zillow or the other public mls sites I use, no wonder the NAR is trying to sue them out of business. I know morgan hill is down 100k, but it wasn’t competetively priced compared to builders within 3 miles, now it’s just as overpriced as the rest of the zip code. Morgan should be priced below other south temecula developments because it’s taxes are significantly higher, it’s not in the city and it doesn’t have paramedic services among other things, pay more, get less shouldn’t equate to higher prices. On average a 600k house pays 3k more per year in taxes by being in morgan vs redhawk and services are inferior. A guestimate is that it needs to be priced 50k less to break even on the taxes. That site you mentioned gave me the proof on the taxes, it lists thier appraised tax value and taxes paid last year, redfin is cool.
Sorry my previous post was on the crabby side, I guess I was in a bad mood yesterday.
