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June 20, 2007 at 8:29 AM in reply to: Media getting bearish on RE and economy?.. say a blood bath is comming #60716
Alex_angel
ParticipantI do love the quote at how people can afford 8% less house than they could 5 weeks ago. That is a huge hit to a lot of buyers. Sellers would have to at least lower their prices another 8% now just to keep that same buyer happy.
June 20, 2007 at 8:29 AM in reply to: Media getting bearish on RE and economy?.. say a blood bath is comming #60751ParticipantI do love the quote at how people can afford 8% less house than they could 5 weeks ago. That is a huge hit to a lot of buyers. Sellers would have to at least lower their prices another 8% now just to keep that same buyer happy.
June 19, 2007 at 10:29 AM in reply to: 4S Evergreen 3000+ sq/ft beginning at $800K = sold out. #60423Participantalso new homes will always be attractive to buyers. Think about this. In about 3 more years there will be no such thing as a new home in San Diego since they won’t have anywhere else to build.
June 19, 2007 at 10:29 AM in reply to: 4S Evergreen 3000+ sq/ft beginning at $800K = sold out. #60456Participantalso new homes will always be attractive to buyers. Think about this. In about 3 more years there will be no such thing as a new home in San Diego since they won’t have anywhere else to build.
June 19, 2007 at 10:28 AM in reply to: 4S Evergreen 3000+ sq/ft beginning at $800K = sold out. #60383Participantthere are still a lot of people selling old homes they bought for 2x and even 3x profit and running to certain areas to buy a new home. The inventory of new homes is dwindling as they are close to finishing most of that master planned community. On the other hand Del Sur and Pacific Highlands ranch has a ton of land they want to build on. Give yourself time and wait a year or so when you can get a home in the PHR in Carmel Valley for the same price and you’ll save a ton on your electrical bill from not having to run your AC unit so much.
June 19, 2007 at 10:28 AM in reply to: 4S Evergreen 3000+ sq/ft beginning at $800K = sold out. #60416Participantthere are still a lot of people selling old homes they bought for 2x and even 3x profit and running to certain areas to buy a new home. The inventory of new homes is dwindling as they are close to finishing most of that master planned community. On the other hand Del Sur and Pacific Highlands ranch has a ton of land they want to build on. Give yourself time and wait a year or so when you can get a home in the PHR in Carmel Valley for the same price and you’ll save a ton on your electrical bill from not having to run your AC unit so much.
Participantescondido borders san diego and is connected. Temecla is not connected. There is miles and miles of nothing in between temecula and san diego. Temecula is Riverside county, not san diego
Participantescondido borders san diego and is connected. Temecla is not connected. There is miles and miles of nothing in between temecula and san diego. Temecula is Riverside county, not san diego
ParticipantPeople are here posting how the market is crashing and keep using Temecula as an example. The reason why San Diego can sustain itself over a place like Temecula is that its is a coastal city and a hotbed for tourists.
The fact there are a lot of jobs there is no relevant. So does places like Irvine but homes in Irvine fail in comparison to Newport and home prices in Irvine do not affect prices in Newport.
The oppisite is true. Home prices in San Diego can have an effect though on Temecula and all other areas.
ParticipantPeople are here posting how the market is crashing and keep using Temecula as an example. The reason why San Diego can sustain itself over a place like Temecula is that its is a coastal city and a hotbed for tourists.
The fact there are a lot of jobs there is no relevant. So does places like Irvine but homes in Irvine fail in comparison to Newport and home prices in Irvine do not affect prices in Newport.
The oppisite is true. Home prices in San Diego can have an effect though on Temecula and all other areas.
ParticipantIt is not even a suburb. It is more related to riverside county than San Diego county.
ParticipantIt is not even a suburb. It is more related to riverside county than San Diego county.
ParticipantYou cannot simply compare a major US city that is also a major tourist city by the ocean to one 50 miles north inland. THEY ARE NOT THE SAME CITY.
ParticipantYou cannot simply compare a major US city that is also a major tourist city by the ocean to one 50 miles north inland. THEY ARE NOT THE SAME CITY.
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