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October 4, 2008 at 9:47 AM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #280804October 4, 2008 at 9:47 AM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #281078
carlsbadworker
ParticipantI was just about to schedule an appointment with my agent to see the Vintage Village house. It turns out the listing agent just raised the price by $100K! Ouch. I really like it at $250K. http://www.redfin.com/CA/Temecula/41799-Camino-De-La-Torre-92592/home/6229791
October 4, 2008 at 9:47 AM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #281083carlsbadworker
ParticipantI was just about to schedule an appointment with my agent to see the Vintage Village house. It turns out the listing agent just raised the price by $100K! Ouch. I really like it at $250K. http://www.redfin.com/CA/Temecula/41799-Camino-De-La-Torre-92592/home/6229791
October 4, 2008 at 9:47 AM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #281126carlsbadworker
ParticipantI was just about to schedule an appointment with my agent to see the Vintage Village house. It turns out the listing agent just raised the price by $100K! Ouch. I really like it at $250K. http://www.redfin.com/CA/Temecula/41799-Camino-De-La-Torre-92592/home/6229791
October 4, 2008 at 9:47 AM in reply to: Another Temecula Builder folds it’s tent-Morgan hill #281135carlsbadworker
ParticipantI was just about to schedule an appointment with my agent to see the Vintage Village house. It turns out the listing agent just raised the price by $100K! Ouch. I really like it at $250K. http://www.redfin.com/CA/Temecula/41799-Camino-De-La-Torre-92592/home/6229791
carlsbadworker
ParticipantWe made history today!
carlsbadworker
ParticipantWe made history today!
carlsbadworker
ParticipantWe made history today!
carlsbadworker
ParticipantWe made history today!
carlsbadworker
ParticipantWe made history today!
carlsbadworker
ParticipantTG, you do realize that Temecula 2001 median house price was 200-220k, 2002 price was 230-280k and 2003 price was 290-340k, right? DQNews still reports the current median house price at 325k. So I don’t see how you can get anywhere near 2001 price.
I have been using similar price range to hunt the house (for 3000sqft+ McMansions) but it has yet to yield any fruit (unless I want a fix- upper) for decent neighborhood (e.g. exclude pechanga area including wolf). I think the bottom could be at 250k but I am willing to pay 280k now but still there is no acceptance, let alone 2001 price. So I am actually pretty frustrated right now. I went out last weekend and my realtor said that he just submitted 10 offers the day before (well, have to have some grain of salts for words from a realtor), but there is still tons of foolish buyers out there. I say “foolish” because they are not really ready to buy a house like most piggies. They just want to jump in before seller-assisted-down payment plan go away or investors who have yet to realize that the current price could not provide positive cash flow (rental income for 3000+ sq ft house is $2000, add mortgage, tax, HOA, vacancy, insurance, maintenance, management fees in, it comes out negative at least according to my calculator).
Maybe I am not looking for the deal in the correct way, please enlighten me once you got your wonderful deal. Have a nice day!carlsbadworker
ParticipantTG, you do realize that Temecula 2001 median house price was 200-220k, 2002 price was 230-280k and 2003 price was 290-340k, right? DQNews still reports the current median house price at 325k. So I don’t see how you can get anywhere near 2001 price.
I have been using similar price range to hunt the house (for 3000sqft+ McMansions) but it has yet to yield any fruit (unless I want a fix- upper) for decent neighborhood (e.g. exclude pechanga area including wolf). I think the bottom could be at 250k but I am willing to pay 280k now but still there is no acceptance, let alone 2001 price. So I am actually pretty frustrated right now. I went out last weekend and my realtor said that he just submitted 10 offers the day before (well, have to have some grain of salts for words from a realtor), but there is still tons of foolish buyers out there. I say “foolish” because they are not really ready to buy a house like most piggies. They just want to jump in before seller-assisted-down payment plan go away or investors who have yet to realize that the current price could not provide positive cash flow (rental income for 3000+ sq ft house is $2000, add mortgage, tax, HOA, vacancy, insurance, maintenance, management fees in, it comes out negative at least according to my calculator).
Maybe I am not looking for the deal in the correct way, please enlighten me once you got your wonderful deal. Have a nice day!carlsbadworker
ParticipantTG, you do realize that Temecula 2001 median house price was 200-220k, 2002 price was 230-280k and 2003 price was 290-340k, right? DQNews still reports the current median house price at 325k. So I don’t see how you can get anywhere near 2001 price.
I have been using similar price range to hunt the house (for 3000sqft+ McMansions) but it has yet to yield any fruit (unless I want a fix- upper) for decent neighborhood (e.g. exclude pechanga area including wolf). I think the bottom could be at 250k but I am willing to pay 280k now but still there is no acceptance, let alone 2001 price. So I am actually pretty frustrated right now. I went out last weekend and my realtor said that he just submitted 10 offers the day before (well, have to have some grain of salts for words from a realtor), but there is still tons of foolish buyers out there. I say “foolish” because they are not really ready to buy a house like most piggies. They just want to jump in before seller-assisted-down payment plan go away or investors who have yet to realize that the current price could not provide positive cash flow (rental income for 3000+ sq ft house is $2000, add mortgage, tax, HOA, vacancy, insurance, maintenance, management fees in, it comes out negative at least according to my calculator).
Maybe I am not looking for the deal in the correct way, please enlighten me once you got your wonderful deal. Have a nice day!carlsbadworker
ParticipantTG, you do realize that Temecula 2001 median house price was 200-220k, 2002 price was 230-280k and 2003 price was 290-340k, right? DQNews still reports the current median house price at 325k. So I don’t see how you can get anywhere near 2001 price.
I have been using similar price range to hunt the house (for 3000sqft+ McMansions) but it has yet to yield any fruit (unless I want a fix- upper) for decent neighborhood (e.g. exclude pechanga area including wolf). I think the bottom could be at 250k but I am willing to pay 280k now but still there is no acceptance, let alone 2001 price. So I am actually pretty frustrated right now. I went out last weekend and my realtor said that he just submitted 10 offers the day before (well, have to have some grain of salts for words from a realtor), but there is still tons of foolish buyers out there. I say “foolish” because they are not really ready to buy a house like most piggies. They just want to jump in before seller-assisted-down payment plan go away or investors who have yet to realize that the current price could not provide positive cash flow (rental income for 3000+ sq ft house is $2000, add mortgage, tax, HOA, vacancy, insurance, maintenance, management fees in, it comes out negative at least according to my calculator).
Maybe I am not looking for the deal in the correct way, please enlighten me once you got your wonderful deal. Have a nice day!carlsbadworker
ParticipantTG, you do realize that Temecula 2001 median house price was 200-220k, 2002 price was 230-280k and 2003 price was 290-340k, right? DQNews still reports the current median house price at 325k. So I don’t see how you can get anywhere near 2001 price.
I have been using similar price range to hunt the house (for 3000sqft+ McMansions) but it has yet to yield any fruit (unless I want a fix- upper) for decent neighborhood (e.g. exclude pechanga area including wolf). I think the bottom could be at 250k but I am willing to pay 280k now but still there is no acceptance, let alone 2001 price. So I am actually pretty frustrated right now. I went out last weekend and my realtor said that he just submitted 10 offers the day before (well, have to have some grain of salts for words from a realtor), but there is still tons of foolish buyers out there. I say “foolish” because they are not really ready to buy a house like most piggies. They just want to jump in before seller-assisted-down payment plan go away or investors who have yet to realize that the current price could not provide positive cash flow (rental income for 3000+ sq ft house is $2000, add mortgage, tax, HOA, vacancy, insurance, maintenance, management fees in, it comes out negative at least according to my calculator).
Maybe I am not looking for the deal in the correct way, please enlighten me once you got your wonderful deal. Have a nice day! -
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