[eclipxe]

Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time. I finally picked up a place I love, but had to get in an offer within an hour of it being listed, and offering 10k over list. I’m still coming in at only 2.8x income, so I’m not too concerned about having to bid up a bit. Like I’ve said in a few other threads, the brown lawns are gone and the people moving in now are folks that can actually afford their mortgages.

Now commercial RE is hurting a bunch out here, but Temecula is well positioned to create a lot of new jobs when the economy improves. I took a drive around the industrial parts of town today and am amazed at the amount of recent, high quality offices. The land is cheap, infrastructure is excellent, good schools, low crime and an educated workforce that can afford to buy in the area on a decent salary. Combine that with high quality office space and the area becomes a good candidate for a strong amount of job growth moving forward (5-10 yrs). City planners aren’t idiots and know the future of the area isn’t in more housing, it’s in jobs.

As far as housing, I’d be very worried if decent places weren’t being picked up quickly and if we had the whole section 8 trend going on out here, but we’ve thankfully avoided that.

[eclipxe]

Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time. I finally picked up a place I love, but had to get in an offer within an hour of it being listed, and offering 10k over list. I’m still coming in at only 2.8x income, so I’m not too concerned about having to bid up a bit. Like I’ve said in a few other threads, the brown lawns are gone and the people moving in now are folks that can actually afford their mortgages.

Now commercial RE is hurting a bunch out here, but Temecula is well positioned to create a lot of new jobs when the economy improves. I took a drive around the industrial parts of town today and am amazed at the amount of recent, high quality offices. The land is cheap, infrastructure is excellent, good schools, low crime and an educated workforce that can afford to buy in the area on a decent salary. Combine that with high quality office space and the area becomes a good candidate for a strong amount of job growth moving forward (5-10 yrs). City planners aren’t idiots and know the future of the area isn’t in more housing, it’s in jobs.

As far as housing, I’d be very worried if decent places weren’t being picked up quickly and if we had the whole section 8 trend going on out here, but we’ve thankfully avoided that.

[eclipxe]

Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time. I finally picked up a place I love, but had to get in an offer within an hour of it being listed, and offering 10k over list. I’m still coming in at only 2.8x income, so I’m not too concerned about having to bid up a bit. Like I’ve said in a few other threads, the brown lawns are gone and the people moving in now are folks that can actually afford their mortgages.

Now commercial RE is hurting a bunch out here, but Temecula is well positioned to create a lot of new jobs when the economy improves. I took a drive around the industrial parts of town today and am amazed at the amount of recent, high quality offices. The land is cheap, infrastructure is excellent, good schools, low crime and an educated workforce that can afford to buy in the area on a decent salary. Combine that with high quality office space and the area becomes a good candidate for a strong amount of job growth moving forward (5-10 yrs). City planners aren’t idiots and know the future of the area isn’t in more housing, it’s in jobs.

As far as housing, I’d be very worried if decent places weren’t being picked up quickly and if we had the whole section 8 trend going on out here, but we’ve thankfully avoided that.

[eclipxe]

Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time. I finally picked up a place I love, but had to get in an offer within an hour of it being listed, and offering 10k over list. I’m still coming in at only 2.8x income, so I’m not too concerned about having to bid up a bit. Like I’ve said in a few other threads, the brown lawns are gone and the people moving in now are folks that can actually afford their mortgages.

Now commercial RE is hurting a bunch out here, but Temecula is well positioned to create a lot of new jobs when the economy improves. I took a drive around the industrial parts of town today and am amazed at the amount of recent, high quality offices. The land is cheap, infrastructure is excellent, good schools, low crime and an educated workforce that can afford to buy in the area on a decent salary. Combine that with high quality office space and the area becomes a good candidate for a strong amount of job growth moving forward (5-10 yrs). City planners aren’t idiots and know the future of the area isn’t in more housing, it’s in jobs.

As far as housing, I’d be very worried if decent places weren’t being picked up quickly and if we had the whole section 8 trend going on out here, but we’ve thankfully avoided that.

[eclipxe]

Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time. I finally picked up a place I love, but had to get in an offer within an hour of it being listed, and offering 10k over list. I’m still coming in at only 2.8x income, so I’m not too concerned about having to bid up a bit. Like I’ve said in a few other threads, the brown lawns are gone and the people moving in now are folks that can actually afford their mortgages.

Now commercial RE is hurting a bunch out here, but Temecula is well positioned to create a lot of new jobs when the economy improves. I took a drive around the industrial parts of town today and am amazed at the amount of recent, high quality offices. The land is cheap, infrastructure is excellent, good schools, low crime and an educated workforce that can afford to buy in the area on a decent salary. Combine that with high quality office space and the area becomes a good candidate for a strong amount of job growth moving forward (5-10 yrs). City planners aren’t idiots and know the future of the area isn’t in more housing, it’s in jobs.

As far as housing, I’d be very worried if decent places weren’t being picked up quickly and if we had the whole section 8 trend going on out here, but we’ve thankfully avoided that.

[eclipxe]

[quote=Nor-LA-SD-guy]

I don’t have any more info on the Oceanside revitalization projects or the new industrial park at the moment I will see if I can dig some more info up.

It’s a poor substitute but there are buses to the Metro station from the Temecula Mall and from the I15/R76 park and ride.

Sometimes being a little ways from the coast has it’s advantages, Mold can be an issue being close to the coast and Temecula is only a short commute 35 to 50 minutes to most beaches in SD on the weekends and about the same to O.C. beaches using the 74 (takes me about 45 minutes on a very scenic ride to get to the Ritz Carlton Laguna Niguel)

Oh but that’s supposed to be a secret.

[/quote]

Thanks! Yeah, I’ve seen the commuter buses before – I’ve heard they have WiFi, is that true?

35 minutes? The other day I felt the need to see the ocean a bit and drove to Oceanside on my lunch break – 25 minutes from south Temecula to the water @ 75/mph on the 15. I’ve amazed my friends from LA by taking them to the beach so quickly. In their minds we’re this far-flung place in the middle of the desert. Oh well! 😉

[eclipxe]

[quote=Nor-LA-SD-guy]

I don’t have any more info on the Oceanside revitalization projects or the new industrial park at the moment I will see if I can dig some more info up.

It’s a poor substitute but there are buses to the Metro station from the Temecula Mall and from the I15/R76 park and ride.

Sometimes being a little ways from the coast has it’s advantages, Mold can be an issue being close to the coast and Temecula is only a short commute 35 to 50 minutes to most beaches in SD on the weekends and about the same to O.C. beaches using the 74 (takes me about 45 minutes on a very scenic ride to get to the Ritz Carlton Laguna Niguel)

Oh but that’s supposed to be a secret.

[/quote]

Thanks! Yeah, I’ve seen the commuter buses before – I’ve heard they have WiFi, is that true?

35 minutes? The other day I felt the need to see the ocean a bit and drove to Oceanside on my lunch break – 25 minutes from south Temecula to the water @ 75/mph on the 15. I’ve amazed my friends from LA by taking them to the beach so quickly. In their minds we’re this far-flung place in the middle of the desert. Oh well! 😉

[eclipxe]

[quote=Nor-LA-SD-guy]

I don’t have any more info on the Oceanside revitalization projects or the new industrial park at the moment I will see if I can dig some more info up.

It’s a poor substitute but there are buses to the Metro station from the Temecula Mall and from the I15/R76 park and ride.

Sometimes being a little ways from the coast has it’s advantages, Mold can be an issue being close to the coast and Temecula is only a short commute 35 to 50 minutes to most beaches in SD on the weekends and about the same to O.C. beaches using the 74 (takes me about 45 minutes on a very scenic ride to get to the Ritz Carlton Laguna Niguel)

Oh but that’s supposed to be a secret.

[/quote]

Thanks! Yeah, I’ve seen the commuter buses before – I’ve heard they have WiFi, is that true?

35 minutes? The other day I felt the need to see the ocean a bit and drove to Oceanside on my lunch break – 25 minutes from south Temecula to the water @ 75/mph on the 15. I’ve amazed my friends from LA by taking them to the beach so quickly. In their minds we’re this far-flung place in the middle of the desert. Oh well! 😉

[eclipxe]

[quote=Nor-LA-SD-guy]

I don’t have any more info on the Oceanside revitalization projects or the new industrial park at the moment I will see if I can dig some more info up.

It’s a poor substitute but there are buses to the Metro station from the Temecula Mall and from the I15/R76 park and ride.

Sometimes being a little ways from the coast has it’s advantages, Mold can be an issue being close to the coast and Temecula is only a short commute 35 to 50 minutes to most beaches in SD on the weekends and about the same to O.C. beaches using the 74 (takes me about 45 minutes on a very scenic ride to get to the Ritz Carlton Laguna Niguel)

Oh but that’s supposed to be a secret.

[/quote]

Thanks! Yeah, I’ve seen the commuter buses before – I’ve heard they have WiFi, is that true?

35 minutes? The other day I felt the need to see the ocean a bit and drove to Oceanside on my lunch break – 25 minutes from south Temecula to the water @ 75/mph on the 15. I’ve amazed my friends from LA by taking them to the beach so quickly. In their minds we’re this far-flung place in the middle of the desert. Oh well! 😉

[eclipxe]

[quote=Nor-LA-SD-guy]

I don’t have any more info on the Oceanside revitalization projects or the new industrial park at the moment I will see if I can dig some more info up.

It’s a poor substitute but there are buses to the Metro station from the Temecula Mall and from the I15/R76 park and ride.

Sometimes being a little ways from the coast has it’s advantages, Mold can be an issue being close to the coast and Temecula is only a short commute 35 to 50 minutes to most beaches in SD on the weekends and about the same to O.C. beaches using the 74 (takes me about 45 minutes on a very scenic ride to get to the Ritz Carlton Laguna Niguel)

Oh but that’s supposed to be a secret.

[/quote]

Thanks! Yeah, I’ve seen the commuter buses before – I’ve heard they have WiFi, is that true?

35 minutes? The other day I felt the need to see the ocean a bit and drove to Oceanside on my lunch break – 25 minutes from south Temecula to the water @ 75/mph on the 15. I’ve amazed my friends from LA by taking them to the beach so quickly. In their minds we’re this far-flung place in the middle of the desert. Oh well! 😉

[eclipxe]

Got any info on the Oceanside project? Sounds interesting!

There is currently a CSU San Marco extension in Temecula: http://www.csusm.edu/el/aboutus/whoarewe/temecula.html

The city council’s goal is to continue to pump funding into the extension in hopes of creating a full-fledged campus down the road (much like San Marcos started as an extension to SDSU and later became it’s own CSU).

We’ll see how that pans out, but its a start!

[eclipxe]

Got any info on the Oceanside project? Sounds interesting!

There is currently a CSU San Marco extension in Temecula: http://www.csusm.edu/el/aboutus/whoarewe/temecula.html

The city council’s goal is to continue to pump funding into the extension in hopes of creating a full-fledged campus down the road (much like San Marcos started as an extension to SDSU and later became it’s own CSU).

We’ll see how that pans out, but its a start!

[eclipxe]

Got any info on the Oceanside project? Sounds interesting!

There is currently a CSU San Marco extension in Temecula: http://www.csusm.edu/el/aboutus/whoarewe/temecula.html

The city council’s goal is to continue to pump funding into the extension in hopes of creating a full-fledged campus down the road (much like San Marcos started as an extension to SDSU and later became it’s own CSU).

We’ll see how that pans out, but its a start!

[eclipxe]

Got any info on the Oceanside project? Sounds interesting!

There is currently a CSU San Marco extension in Temecula: http://www.csusm.edu/el/aboutus/whoarewe/temecula.html

The city council’s goal is to continue to pump funding into the extension in hopes of creating a full-fledged campus down the road (much like San Marcos started as an extension to SDSU and later became it’s own CSU).

We’ll see how that pans out, but its a start!

[eclipxe]

Got any info on the Oceanside project? Sounds interesting!

There is currently a CSU San Marco extension in Temecula: http://www.csusm.edu/el/aboutus/whoarewe/temecula.html

The city council’s goal is to continue to pump funding into the extension in hopes of creating a full-fledged campus down the road (much like San Marcos started as an extension to SDSU and later became it’s own CSU).

We’ll see how that pans out, but its a start!

[Author]

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