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paramount
ParticipantYou can keep looking for $75/sf – and it will happen (if not already) in some parts of Temecula – but not Morgan Hill. That would be like prices returning to mid 1990’s levels or even earlier.
Of course you like his posts, b/c you probably want to buy a house in MH for $75/sf. Keep dreaming – if it gets that cheap we’ll all be in trouble.
I own a 1500 sq. ft. house in Paloma Del Sol – according to the $75/sq. ft. theory for Morgan Hill, that would mean my house would probably be worth around 100k.
I do see my house dropping to around 180-200k or so, but not 100k – if that happens unemployment will be through the roof and this country will truly be in trouble. That won’t be good for anybody except the Richistans.
BTW, if I had to hazard a guess, I would say most of the crime in Temecula is committed by (or related to) renters.
In fact, if my memory serves me correctly most if not all of the murders committed last year were by renters.
ParticipantSD: Sounds like you might work for CSC…
ParticipantSD: Sounds like you might work for CSC…
ParticipantSD: Sounds like you might work for CSC…
ParticipantSD: Sounds like you might work for CSC…
ParticipantSD: Sounds like you might work for CSC…
ParticipantIMO California is full of scammers and con artists. I believe many people who comment that prices will get to a certain low point are just trying to do their part to influence the market (much of which is psychologically based) in order to profiteer.
ParticipantIMO California is full of scammers and con artists. I believe many people who comment that prices will get to a certain low point are just trying to do their part to influence the market (much of which is psychologically based) in order to profiteer.
ParticipantIMO California is full of scammers and con artists. I believe many people who comment that prices will get to a certain low point are just trying to do their part to influence the market (much of which is psychologically based) in order to profiteer.
ParticipantIMO California is full of scammers and con artists. I believe many people who comment that prices will get to a certain low point are just trying to do their part to influence the market (much of which is psychologically based) in order to profiteer.
ParticipantIMO California is full of scammers and con artists. I believe many people who comment that prices will get to a certain low point are just trying to do their part to influence the market (much of which is psychologically based) in order to profiteer.
ParticipantI still say $75/sf at Morgan Hill will not happen – unless we have a very deep recession.
Not all areas of Temecula and Murrieta are created equal.
Morgan Hill is a desirable place to live IMO, and we will soon be getting a regional hospital.
The market will probably over-correct, but I don’t think to that extent ($75/sf).
That would mean some houses in Morgan Hill will start at: 180k. Not going to happen, put the crack pipe down.
ParticipantI still say $75/sf at Morgan Hill will not happen – unless we have a very deep recession.
Not all areas of Temecula and Murrieta are created equal.
Morgan Hill is a desirable place to live IMO, and we will soon be getting a regional hospital.
The market will probably over-correct, but I don’t think to that extent ($75/sf).
That would mean some houses in Morgan Hill will start at: 180k. Not going to happen, put the crack pipe down.
ParticipantI still say $75/sf at Morgan Hill will not happen – unless we have a very deep recession.
Not all areas of Temecula and Murrieta are created equal.
Morgan Hill is a desirable place to live IMO, and we will soon be getting a regional hospital.
The market will probably over-correct, but I don’t think to that extent ($75/sf).
That would mean some houses in Morgan Hill will start at: 180k. Not going to happen, put the crack pipe down.
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