[hipmatt]

Like someone else stated in another thread. There are too many headwinds to remotely call a bottom right now anywhere. Temecula/Murrieta face even more headwinds being considered an exurb.

Don’t expect everyone to go buy the next gen prius or the new Chevy Volt either and solve all of their commuting problems, its not like people have the money right now.

The cost of living, excluding-housing, has risen dramatically over the past 2 years. Employment is soft and is likely to worsen. Interest rates are on the rise. I don’t have to mention oil and gas. Inventories are massive, and I suspect, so are the shadow inventories. Foreclosure fillings surged in May. I welcome any evidence that supports anything resembling a bottom other than…

“It costs less to buy a home than it does to build one.”
“TODAY’S rental rates are about the same cost as buying, that means a bottom!”
“We are at 50% off in some instances!”
“Piggs are buying, which indicates a bottom.”
“It just can’t get any worse, this is socal..”

[hipmatt]

Like someone else stated in another thread. There are too many headwinds to remotely call a bottom right now anywhere. Temecula/Murrieta face even more headwinds being considered an exurb.

Don’t expect everyone to go buy the next gen prius or the new Chevy Volt either and solve all of their commuting problems, its not like people have the money right now.

The cost of living, excluding-housing, has risen dramatically over the past 2 years. Employment is soft and is likely to worsen. Interest rates are on the rise. I don’t have to mention oil and gas. Inventories are massive, and I suspect, so are the shadow inventories. Foreclosure fillings surged in May. I welcome any evidence that supports anything resembling a bottom other than…

“It costs less to buy a home than it does to build one.”
“TODAY’S rental rates are about the same cost as buying, that means a bottom!”
“We are at 50% off in some instances!”
“Piggs are buying, which indicates a bottom.”
“It just can’t get any worse, this is socal..”

[hipmatt]

Like someone else stated in another thread. There are too many headwinds to remotely call a bottom right now anywhere. Temecula/Murrieta face even more headwinds being considered an exurb.

Don’t expect everyone to go buy the next gen prius or the new Chevy Volt either and solve all of their commuting problems, its not like people have the money right now.

The cost of living, excluding-housing, has risen dramatically over the past 2 years. Employment is soft and is likely to worsen. Interest rates are on the rise. I don’t have to mention oil and gas. Inventories are massive, and I suspect, so are the shadow inventories. Foreclosure fillings surged in May. I welcome any evidence that supports anything resembling a bottom other than…

“It costs less to buy a home than it does to build one.”
“TODAY’S rental rates are about the same cost as buying, that means a bottom!”
“We are at 50% off in some instances!”
“Piggs are buying, which indicates a bottom.”
“It just can’t get any worse, this is socal..”

[hipmatt]

Like someone else stated in another thread. There are too many headwinds to remotely call a bottom right now anywhere. Temecula/Murrieta face even more headwinds being considered an exurb.

Don’t expect everyone to go buy the next gen prius or the new Chevy Volt either and solve all of their commuting problems, its not like people have the money right now.

The cost of living, excluding-housing, has risen dramatically over the past 2 years. Employment is soft and is likely to worsen. Interest rates are on the rise. I don’t have to mention oil and gas. Inventories are massive, and I suspect, so are the shadow inventories. Foreclosure fillings surged in May. I welcome any evidence that supports anything resembling a bottom other than…

“It costs less to buy a home than it does to build one.”
“TODAY’S rental rates are about the same cost as buying, that means a bottom!”
“We are at 50% off in some instances!”
“Piggs are buying, which indicates a bottom.”
“It just can’t get any worse, this is socal..”

[hipmatt]

Like someone else stated in another thread. There are too many headwinds to remotely call a bottom right now anywhere. Temecula/Murrieta face even more headwinds being considered an exurb.

Don’t expect everyone to go buy the next gen prius or the new Chevy Volt either and solve all of their commuting problems, its not like people have the money right now.

The cost of living, excluding-housing, has risen dramatically over the past 2 years. Employment is soft and is likely to worsen. Interest rates are on the rise. I don’t have to mention oil and gas. Inventories are massive, and I suspect, so are the shadow inventories. Foreclosure fillings surged in May. I welcome any evidence that supports anything resembling a bottom other than…

“It costs less to buy a home than it does to build one.”
“TODAY’S rental rates are about the same cost as buying, that means a bottom!”
“We are at 50% off in some instances!”
“Piggs are buying, which indicates a bottom.”
“It just can’t get any worse, this is socal..”

[hipmatt]

Just because home prices appear to be so low that you can’t build a home for less, doesn’t mean that the price is at a bottom.

Supply and demand is the BIGGEST factor that dictates market values. Right now we have massive supply a dwindling demand. In the next few years, prices will fall.

Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.

When gas hits $5.oo per gallon, and the residents are forced to significantly reduce discretionary spending, many people will be laid off. Jobs aren’t exactly abundant right now, and the cost of living is rising. Owning a home at these so called “bargain” prices won’t be possible for many. As bad as things may seem in Temecula, there is a strong possibility that things could continue to get worse for a while.

[hipmatt]

Just because home prices appear to be so low that you can’t build a home for less, doesn’t mean that the price is at a bottom.

Supply and demand is the BIGGEST factor that dictates market values. Right now we have massive supply a dwindling demand. In the next few years, prices will fall.

Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.

When gas hits $5.oo per gallon, and the residents are forced to significantly reduce discretionary spending, many people will be laid off. Jobs aren’t exactly abundant right now, and the cost of living is rising. Owning a home at these so called “bargain” prices won’t be possible for many. As bad as things may seem in Temecula, there is a strong possibility that things could continue to get worse for a while.

[hipmatt]

Just because home prices appear to be so low that you can’t build a home for less, doesn’t mean that the price is at a bottom.

Supply and demand is the BIGGEST factor that dictates market values. Right now we have massive supply a dwindling demand. In the next few years, prices will fall.

Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.

When gas hits $5.oo per gallon, and the residents are forced to significantly reduce discretionary spending, many people will be laid off. Jobs aren’t exactly abundant right now, and the cost of living is rising. Owning a home at these so called “bargain” prices won’t be possible for many. As bad as things may seem in Temecula, there is a strong possibility that things could continue to get worse for a while.

[hipmatt]

Just because home prices appear to be so low that you can’t build a home for less, doesn’t mean that the price is at a bottom.

Supply and demand is the BIGGEST factor that dictates market values. Right now we have massive supply a dwindling demand. In the next few years, prices will fall.

Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.

When gas hits $5.oo per gallon, and the residents are forced to significantly reduce discretionary spending, many people will be laid off. Jobs aren’t exactly abundant right now, and the cost of living is rising. Owning a home at these so called “bargain” prices won’t be possible for many. As bad as things may seem in Temecula, there is a strong possibility that things could continue to get worse for a while.

[hipmatt]

Just because home prices appear to be so low that you can’t build a home for less, doesn’t mean that the price is at a bottom.

Supply and demand is the BIGGEST factor that dictates market values. Right now we have massive supply a dwindling demand. In the next few years, prices will fall.

Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.

When gas hits $5.oo per gallon, and the residents are forced to significantly reduce discretionary spending, many people will be laid off. Jobs aren’t exactly abundant right now, and the cost of living is rising. Owning a home at these so called “bargain” prices won’t be possible for many. As bad as things may seem in Temecula, there is a strong possibility that things could continue to get worse for a while.

[hipmatt]

Buy if you are OK knowing that in 2 years, you could have paid much less. If that doesn’t bother you, buy.

[hipmatt]

Buy if you are OK knowing that in 2 years, you could have paid much less. If that doesn’t bother you, buy.

[hipmatt]

Buy if you are OK knowing that in 2 years, you could have paid much less. If that doesn’t bother you, buy.

[hipmatt]

Buy if you are OK knowing that in 2 years, you could have paid much less. If that doesn’t bother you, buy.

[hipmatt]

Buy if you are OK knowing that in 2 years, you could have paid much less. If that doesn’t bother you, buy.

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