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Arraya: Can we get your take on the current oil market with any predictions?

BTW, I was right on target with my oil price prediction for September 2011 in the $80 range.

I think we’ll see seasonal highs for the summer and that’s about it; nothing spectacular – not even close to $5/gallon.

The world economy has been stabilized. ECRI was wrong.

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The US is a highly policed nation.

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[quote=walterwhite]Personally I think I just entered a mini-depression today. Everything seems pointless.[/quote]

Consider buying a BMW, that should cheer you up.

We need more BMW’s and less pickup trucks around Temecula.

If I never see another lifted pickup truck again I’ll be forever happy.

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Thank the Good Lord!!!

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Here’s what one True Patriot did (please watch and learn, I know I did):

http://www.youtube.com/watch?v=H9ZUiF_4jHI&feature=colike

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[quote=markmax33] Don’t be naive, should he be impeached for signing the NDAA?[/quote]

Absolutely.

And I can’t imagine anyone voting for someone who is systematically destroying the constitution.

The MSM/establishment have attacked Ron Paul; but for anyone who loves Freedom Ron Paul is the only choice.

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The Baltic Dry Index is dropping like a rock and currently at an all-time low.

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I was sad and somewhat surprised to see the Sear’s close down in Carmel Mountain.

Prices were a little high I guess, otherwise a really nice store with great selection.

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[quote=5yes]You’re right TG, as usual! My next door neighbor in Harveston will be selling their house (we both bought in 2009) and they have gotten two separate appraisals that show an 8-10% gain, without factoring in a bidding war. There are no other houses on our street for sale and we have an excellent location! I bought soon after you and at an even better deal then my neighbor, have enjoyed the lovely neighborhood, lake, and schools with a mortgage significantly less then current rent prices, mostly thanks to advice from this site and even from you! I usually lurk and don’t post often, but I wanted to jump on the optimistic bandwagon. If your friends are nice, tolerant of small children and willing to share their wine, I know of a home up here on the other side of the city that will be on the market in the next month or two :)[/quote]

You may have more reason to be optimistic in Murrieta; but right now 92592 (Temecula) is struggling as far as I can tell. I bet most sales are still either shorts or REO’s.

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Temecula, Fallbrook and Rainbow residents in Opposition to the “Liberty” Mega Quarry.

Please, please try to show up at the final hearing on Feb. 14th – your presence is requested. Please wear Orange.

That’s next Wed. at the Riverside Convention Center.

This is it – the Supervisors need to know we mean business.

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Oh come now, being underwater in Temecula is not that bad; and you would of certainly had lot’s of company.

And let’s face it, it’s just a matter of time before MN has basically the same hands free law as California.

As far as that article is concerned, look no further than public employee unions – I guarantee they are behind it somehow.

Are you from Minnesota? I often hear good things said about Minnesota.

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Sorry it’s not a perfect graphic, but what I see is a downward trend overall, and for this house in my hood a dogleg down.

I bought nearly 10 years ago, I owe 220k, the house is worth *maybe* 190k at best and that doesn’t include commission fees. So realistically I’m down a good 45k.

I had a tough time getting it rented even though the house was in pristine condition; and then only after 2 months the tenants (IMO) burnt up my furnace to the tune of 2k.

Yah, it’s starting to sound like a Greek Tragedy I know.

If I can’t get a loan mod, I’m done.

It ain’t coming back.

So yah, from my perspective things ain’t all that great.

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A snapshot of 92592 per Zillow:

[img_assist|nid=15811|title=Feb 2012 92592|desc=|link=node|align=left|width=961|height=600]

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[quote=carlsbadworker]

paramount, you must be living in a different town than I am. The home price is still higher than 2008-2009 although it starts to have some competitive pricing. But there are lots of traffic for any home that is competitively priced. Inventory for investment-grade home is almost non-existent. Multiple offers above the list price is common for other homes.

New homes are also selling but I don’t know how it compared to before because I am never interested in that category. But construction is happening. At Home Depot and Lowes, however, I have yet to see any significant traffic increase.

The steakhouses in Temecula now has very long lines over the weekend. The line used to be non-existent in the last few years (the long lines were common in bubble years as well). I don’t know what caused it, but it seems that people just become very bullish about the economy in the last few months. My neighbor (who I suspect is not paying their mortgage) just bought a new car. And dealership would not negotiate or price-match on price anymore (2 years ago, when I bought my last car, they are very cooperative in pricing). 3 years ago, they were making insane price cuts to get off their inventory.[/quote]

Check Zillow for 92592…

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As much as I want to be; I’m not convinced yet the economy is actually improving (significantly) – at least in my time frame..

What I see is continuing falling home prices, still brutal numbers of foreclosures and short sales – which are killing home prices at least in Temecula.

Is it better than 2008/2009? Maybe; prices of homes aren’t falling as fast, but they’re still falling.

The layoff situation has improved.

But year over year (2011->2012), I’m not really seeing it.

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