[eclipxe]

[quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)

[eclipxe]

[quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)

[eclipxe]

[quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)

[eclipxe]

[quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)

[eclipxe]

[quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)

[eclipxe]

[quote=wannabe2077]
Are you a shill for real estate industry ? Not to be rude ?

California has a $40 billion budget deficit that will get worse. State Government cuts are yet to come.

Real Estate lenders are clear. 20% down payment, 720+ credit scores, documented sources of income and excellent credit history.

California Real Estate prices will be stagnant for 5-10 years.[/quote]

Most of Temecula is well under the FHA limits for Riverside county. Traditional loans are only requiring 10% down with 700+ credit scores. (I’ve been shopping for loans for 2 months). The area doesn’t need crazy lending, ARMs, NINJA loans etc to handle some appreciation (unlike most of Coastal SD).

Prices will be stagnant for 5+ years though. I don’t anticipate any appreciation until we see some inflation or employment recovery.

[eclipxe]

[quote=wannabe2077]
Are you a shill for real estate industry ? Not to be rude ?

California has a $40 billion budget deficit that will get worse. State Government cuts are yet to come.

Real Estate lenders are clear. 20% down payment, 720+ credit scores, documented sources of income and excellent credit history.

California Real Estate prices will be stagnant for 5-10 years.[/quote]

Most of Temecula is well under the FHA limits for Riverside county. Traditional loans are only requiring 10% down with 700+ credit scores. (I’ve been shopping for loans for 2 months). The area doesn’t need crazy lending, ARMs, NINJA loans etc to handle some appreciation (unlike most of Coastal SD).

Prices will be stagnant for 5+ years though. I don’t anticipate any appreciation until we see some inflation or employment recovery.

[eclipxe]

[quote=wannabe2077]
Are you a shill for real estate industry ? Not to be rude ?

California has a $40 billion budget deficit that will get worse. State Government cuts are yet to come.

Real Estate lenders are clear. 20% down payment, 720+ credit scores, documented sources of income and excellent credit history.

California Real Estate prices will be stagnant for 5-10 years.[/quote]

Most of Temecula is well under the FHA limits for Riverside county. Traditional loans are only requiring 10% down with 700+ credit scores. (I’ve been shopping for loans for 2 months). The area doesn’t need crazy lending, ARMs, NINJA loans etc to handle some appreciation (unlike most of Coastal SD).

Prices will be stagnant for 5+ years though. I don’t anticipate any appreciation until we see some inflation or employment recovery.

[eclipxe]

[quote=wannabe2077]
Are you a shill for real estate industry ? Not to be rude ?

California has a $40 billion budget deficit that will get worse. State Government cuts are yet to come.

Real Estate lenders are clear. 20% down payment, 720+ credit scores, documented sources of income and excellent credit history.

California Real Estate prices will be stagnant for 5-10 years.[/quote]

Most of Temecula is well under the FHA limits for Riverside county. Traditional loans are only requiring 10% down with 700+ credit scores. (I’ve been shopping for loans for 2 months). The area doesn’t need crazy lending, ARMs, NINJA loans etc to handle some appreciation (unlike most of Coastal SD).

Prices will be stagnant for 5+ years though. I don’t anticipate any appreciation until we see some inflation or employment recovery.

[eclipxe]

[quote=wannabe2077]
Are you a shill for real estate industry ? Not to be rude ?

California has a $40 billion budget deficit that will get worse. State Government cuts are yet to come.

Real Estate lenders are clear. 20% down payment, 720+ credit scores, documented sources of income and excellent credit history.

California Real Estate prices will be stagnant for 5-10 years.[/quote]

Most of Temecula is well under the FHA limits for Riverside county. Traditional loans are only requiring 10% down with 700+ credit scores. (I’ve been shopping for loans for 2 months). The area doesn’t need crazy lending, ARMs, NINJA loans etc to handle some appreciation (unlike most of Coastal SD).

Prices will be stagnant for 5+ years though. I don’t anticipate any appreciation until we see some inflation or employment recovery.

[eclipxe]

[quote=PKMAN]I never understood why people working in SD would want to live in Temecula. It has nothing to do with the town but all about the commute. I know a guy who leaves home at 7:30am every workday to make it to work at 9am. He’s a senior manager making about $120K annually. He bought cheap before it got crazy and says he doesn’t mind the 3 hours daily commute. But just look at the numbers:

He spends 2 extra hours per day than average San Diegans on commute. At 120K, he makes about $57/hour. Thus it costs him $15K more per year to commute ($57 x 22 work days per month x 12 months) from Temecula.

He gas up twice a week, where the rest of us do so about every 1.5 weeks. The extra gas he pays + the extra time he spent at the gas station probably add another $3K – $5K annually.

He puts more than 30K miles on his car annually, making leasing virtually impossible and after just 3 years of ownership he car would have 100K+ miles, whereas typical used cars would be around 50K miles or less. The lost residual value + extra monies spent on maintenance and consumable parts (brake pads, tires, etc.) would cost him at least another $5K annually.

In all, I estimate that he’s losing $20K annually by living in Temecula. Worse is that because of the long commute, he has turned into a complete couch potato, and a grouchy one, after work, with very little interaction with his family on weekdays.

So for those of you working in SD but thinking about buying in Temecula to once again take advantage of the much lower home price, be sure to weigh in all the pros and cons before you commit.[/quote]

I wouldn’t live here if I had to commute any further than North County or maybe Sorrento Valley. I had to go to SV a few days in the last couple of weeks and the commute was pretty decent. Temecula to Escondido goes by quickly then it’s just a grind for another 15-20 mins. But that’s me and I’m young.

I have been actively researching commute options if I did lose my current job – plenty of van pools to SV and I don’t mind the drive to Carlsbad. The commute pencils in for me as long as I’m not going downtown.

The main draw for me is access to both the OC and SD job markets. I’ve worked for companies in both OC and SD so I like to keep my future commute reasonable in either case. Buying in OC limits my access to SD jobs and likewise in SD. Temecula is a perfect hedge for me. (Coming from someone whose commute is down the stairs each morning and enjoys an hour drive – more time to sit and relax and enjoy some good tunes!)

[eclipxe]

[quote=PKMAN]I never understood why people working in SD would want to live in Temecula. It has nothing to do with the town but all about the commute. I know a guy who leaves home at 7:30am every workday to make it to work at 9am. He’s a senior manager making about $120K annually. He bought cheap before it got crazy and says he doesn’t mind the 3 hours daily commute. But just look at the numbers:

He spends 2 extra hours per day than average San Diegans on commute. At 120K, he makes about $57/hour. Thus it costs him $15K more per year to commute ($57 x 22 work days per month x 12 months) from Temecula.

He gas up twice a week, where the rest of us do so about every 1.5 weeks. The extra gas he pays + the extra time he spent at the gas station probably add another $3K – $5K annually.

He puts more than 30K miles on his car annually, making leasing virtually impossible and after just 3 years of ownership he car would have 100K+ miles, whereas typical used cars would be around 50K miles or less. The lost residual value + extra monies spent on maintenance and consumable parts (brake pads, tires, etc.) would cost him at least another $5K annually.

In all, I estimate that he’s losing $20K annually by living in Temecula. Worse is that because of the long commute, he has turned into a complete couch potato, and a grouchy one, after work, with very little interaction with his family on weekdays.

So for those of you working in SD but thinking about buying in Temecula to once again take advantage of the much lower home price, be sure to weigh in all the pros and cons before you commit.[/quote]

I wouldn’t live here if I had to commute any further than North County or maybe Sorrento Valley. I had to go to SV a few days in the last couple of weeks and the commute was pretty decent. Temecula to Escondido goes by quickly then it’s just a grind for another 15-20 mins. But that’s me and I’m young.

I have been actively researching commute options if I did lose my current job – plenty of van pools to SV and I don’t mind the drive to Carlsbad. The commute pencils in for me as long as I’m not going downtown.

The main draw for me is access to both the OC and SD job markets. I’ve worked for companies in both OC and SD so I like to keep my future commute reasonable in either case. Buying in OC limits my access to SD jobs and likewise in SD. Temecula is a perfect hedge for me. (Coming from someone whose commute is down the stairs each morning and enjoys an hour drive – more time to sit and relax and enjoy some good tunes!)

[eclipxe]

[quote=PKMAN]I never understood why people working in SD would want to live in Temecula. It has nothing to do with the town but all about the commute. I know a guy who leaves home at 7:30am every workday to make it to work at 9am. He’s a senior manager making about $120K annually. He bought cheap before it got crazy and says he doesn’t mind the 3 hours daily commute. But just look at the numbers:

He spends 2 extra hours per day than average San Diegans on commute. At 120K, he makes about $57/hour. Thus it costs him $15K more per year to commute ($57 x 22 work days per month x 12 months) from Temecula.

He gas up twice a week, where the rest of us do so about every 1.5 weeks. The extra gas he pays + the extra time he spent at the gas station probably add another $3K – $5K annually.

He puts more than 30K miles on his car annually, making leasing virtually impossible and after just 3 years of ownership he car would have 100K+ miles, whereas typical used cars would be around 50K miles or less. The lost residual value + extra monies spent on maintenance and consumable parts (brake pads, tires, etc.) would cost him at least another $5K annually.

In all, I estimate that he’s losing $20K annually by living in Temecula. Worse is that because of the long commute, he has turned into a complete couch potato, and a grouchy one, after work, with very little interaction with his family on weekdays.

So for those of you working in SD but thinking about buying in Temecula to once again take advantage of the much lower home price, be sure to weigh in all the pros and cons before you commit.[/quote]

I wouldn’t live here if I had to commute any further than North County or maybe Sorrento Valley. I had to go to SV a few days in the last couple of weeks and the commute was pretty decent. Temecula to Escondido goes by quickly then it’s just a grind for another 15-20 mins. But that’s me and I’m young.

I have been actively researching commute options if I did lose my current job – plenty of van pools to SV and I don’t mind the drive to Carlsbad. The commute pencils in for me as long as I’m not going downtown.

The main draw for me is access to both the OC and SD job markets. I’ve worked for companies in both OC and SD so I like to keep my future commute reasonable in either case. Buying in OC limits my access to SD jobs and likewise in SD. Temecula is a perfect hedge for me. (Coming from someone whose commute is down the stairs each morning and enjoys an hour drive – more time to sit and relax and enjoy some good tunes!)

[eclipxe]

[quote=PKMAN]I never understood why people working in SD would want to live in Temecula. It has nothing to do with the town but all about the commute. I know a guy who leaves home at 7:30am every workday to make it to work at 9am. He’s a senior manager making about $120K annually. He bought cheap before it got crazy and says he doesn’t mind the 3 hours daily commute. But just look at the numbers:

He spends 2 extra hours per day than average San Diegans on commute. At 120K, he makes about $57/hour. Thus it costs him $15K more per year to commute ($57 x 22 work days per month x 12 months) from Temecula.

He gas up twice a week, where the rest of us do so about every 1.5 weeks. The extra gas he pays + the extra time he spent at the gas station probably add another $3K – $5K annually.

He puts more than 30K miles on his car annually, making leasing virtually impossible and after just 3 years of ownership he car would have 100K+ miles, whereas typical used cars would be around 50K miles or less. The lost residual value + extra monies spent on maintenance and consumable parts (brake pads, tires, etc.) would cost him at least another $5K annually.

In all, I estimate that he’s losing $20K annually by living in Temecula. Worse is that because of the long commute, he has turned into a complete couch potato, and a grouchy one, after work, with very little interaction with his family on weekdays.

So for those of you working in SD but thinking about buying in Temecula to once again take advantage of the much lower home price, be sure to weigh in all the pros and cons before you commit.[/quote]

I wouldn’t live here if I had to commute any further than North County or maybe Sorrento Valley. I had to go to SV a few days in the last couple of weeks and the commute was pretty decent. Temecula to Escondido goes by quickly then it’s just a grind for another 15-20 mins. But that’s me and I’m young.

I have been actively researching commute options if I did lose my current job – plenty of van pools to SV and I don’t mind the drive to Carlsbad. The commute pencils in for me as long as I’m not going downtown.

The main draw for me is access to both the OC and SD job markets. I’ve worked for companies in both OC and SD so I like to keep my future commute reasonable in either case. Buying in OC limits my access to SD jobs and likewise in SD. Temecula is a perfect hedge for me. (Coming from someone whose commute is down the stairs each morning and enjoys an hour drive – more time to sit and relax and enjoy some good tunes!)

[eclipxe]

[quote=PKMAN]I never understood why people working in SD would want to live in Temecula. It has nothing to do with the town but all about the commute. I know a guy who leaves home at 7:30am every workday to make it to work at 9am. He’s a senior manager making about $120K annually. He bought cheap before it got crazy and says he doesn’t mind the 3 hours daily commute. But just look at the numbers:

He spends 2 extra hours per day than average San Diegans on commute. At 120K, he makes about $57/hour. Thus it costs him $15K more per year to commute ($57 x 22 work days per month x 12 months) from Temecula.

He gas up twice a week, where the rest of us do so about every 1.5 weeks. The extra gas he pays + the extra time he spent at the gas station probably add another $3K – $5K annually.

He puts more than 30K miles on his car annually, making leasing virtually impossible and after just 3 years of ownership he car would have 100K+ miles, whereas typical used cars would be around 50K miles or less. The lost residual value + extra monies spent on maintenance and consumable parts (brake pads, tires, etc.) would cost him at least another $5K annually.

In all, I estimate that he’s losing $20K annually by living in Temecula. Worse is that because of the long commute, he has turned into a complete couch potato, and a grouchy one, after work, with very little interaction with his family on weekdays.

So for those of you working in SD but thinking about buying in Temecula to once again take advantage of the much lower home price, be sure to weigh in all the pros and cons before you commit.[/quote]

I wouldn’t live here if I had to commute any further than North County or maybe Sorrento Valley. I had to go to SV a few days in the last couple of weeks and the commute was pretty decent. Temecula to Escondido goes by quickly then it’s just a grind for another 15-20 mins. But that’s me and I’m young.

I have been actively researching commute options if I did lose my current job – plenty of van pools to SV and I don’t mind the drive to Carlsbad. The commute pencils in for me as long as I’m not going downtown.

The main draw for me is access to both the OC and SD job markets. I’ve worked for companies in both OC and SD so I like to keep my future commute reasonable in either case. Buying in OC limits my access to SD jobs and likewise in SD. Temecula is a perfect hedge for me. (Coming from someone whose commute is down the stairs each morning and enjoys an hour drive – more time to sit and relax and enjoy some good tunes!)

[Author]

Posts