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April 25, 2009 at 7:33 AM in reply to: OT: There’s never been a better time to buy a GM car…. #387314April 25, 2009 at 7:33 AM in reply to: OT: There’s never been a better time to buy a GM car…. #387512
temeculaguy
Participantequalizer, that taurus SHO you showed a picture of, is that a concept or are they actually going to sell that? Will the non SHO have the same body? That thing looks hot and it is a Taurus, did I just say that?
I’m so freaking pissed at myself for not buying Ford stock in the dollar range back in March, I even posted my thoughts on these boards and everyone (not just on the internet)told me it was stupid, what is even more stupid I listened, now the stock is over $5 and climbing. They borrowed a bunch of money a few years ago, back when things were good in order to redesign their entire line, if this is the new Taurus, then the money was worth it because that thing looks hot! I can’t believe I keep saying that a Taurus looks hot.
April 25, 2009 at 7:33 AM in reply to: OT: There’s never been a better time to buy a GM car…. #387566temeculaguy
Participantequalizer, that taurus SHO you showed a picture of, is that a concept or are they actually going to sell that? Will the non SHO have the same body? That thing looks hot and it is a Taurus, did I just say that?
I’m so freaking pissed at myself for not buying Ford stock in the dollar range back in March, I even posted my thoughts on these boards and everyone (not just on the internet)told me it was stupid, what is even more stupid I listened, now the stock is over $5 and climbing. They borrowed a bunch of money a few years ago, back when things were good in order to redesign their entire line, if this is the new Taurus, then the money was worth it because that thing looks hot! I can’t believe I keep saying that a Taurus looks hot.
April 25, 2009 at 7:33 AM in reply to: OT: There’s never been a better time to buy a GM car…. #387707temeculaguy
Participantequalizer, that taurus SHO you showed a picture of, is that a concept or are they actually going to sell that? Will the non SHO have the same body? That thing looks hot and it is a Taurus, did I just say that?
I’m so freaking pissed at myself for not buying Ford stock in the dollar range back in March, I even posted my thoughts on these boards and everyone (not just on the internet)told me it was stupid, what is even more stupid I listened, now the stock is over $5 and climbing. They borrowed a bunch of money a few years ago, back when things were good in order to redesign their entire line, if this is the new Taurus, then the money was worth it because that thing looks hot! I can’t believe I keep saying that a Taurus looks hot.
temeculaguy
ParticipantOK Aecitia, I was a little harsh, but it was meant in good fun, Harry, my apologies. However Tobin is even a better school than the ones I mentioned, that’s a 900 API, they could probably benefit from a little diversity. I can tell you that I live within walking distance of Tobin, I am a morganite, and you can stop worrying, it’s fine, in fact it’s almost to the point that I am about to call bottom, actually at the end of this diatribe I will.
Just like carlsbadworker pointed out, inventory is very low. I’ve seen reports that it is under 6 months but I believe those numbers are too high. I ran 92592, 446 listings, of that only 199 are not short sales. Shorts are really hard to use for stats because they can be in escrow and they don’t change the status to “backup offer” because of the time it takes to get an answer from the bank and offers on shorts are not binding. In a nutshell, you can make an offer on a short and after the bank agrees, you can say no, so the agent tries to get as many offers as possible. There are usually a bunch of offers on each short by the time you look at them and they will show as active for the six months the bank is thinking about it.
Redfin now allows you to pick “exclude short sales.” So I did, 199 listings in 92592 and 80 in 92591 that aren’t shorts and aren’t already under contract. This is for houses and condos, in all price categories combined. 279 total lstings, normal listings and bank owned combined, that’s it, for a city of 100k. That is about a 6 week supply of houses that you can actually make an offer on and move into in a month or two, and of those I’ll be willing to bet some have offers already in play, realtors don’t rush to change the status because they can get leads that way. Right now, Morgan hill has 5 listings that aren’t shorts. Redhawk has 17, Vail Ranch 8, Wolf creek 7. 92592 is averaging 40 closings a week! We need the shadow inventory to surface just to meet demand, and I see less dead lawns than I did last year, I think the loan mods might be taking hold or we already peaked and such a huge percentage of the bubble bought homes have already changed hands. The three car garage monitor now stands at 71 (homes in 92592 with 3 car garages under 400k), the lowest in a while, it was in the triple digit range in 2008 and very few were shorts then, now that about all that is left.
So I’m calling Temecula’s bottom right now! I’ve never called it before but I’m calling it now. Some of my relatives and friends managed to pick up some cash flow positive rentals and the ones that were outbid have been complaining that they missed the boat, that there are more buyers and less listings every day. I’m not claiming a rebound will happen tomorrow but I’ve watched my micromarket more than anyone I have ever met even though I am not in the industry and I say that when the supposed shadow inventory does hit this summer as many believe it will, that will be your last chance. If the government prevents it from hitting, then you missed it, that’s my final answer.
temeculaguy
ParticipantOK Aecitia, I was a little harsh, but it was meant in good fun, Harry, my apologies. However Tobin is even a better school than the ones I mentioned, that’s a 900 API, they could probably benefit from a little diversity. I can tell you that I live within walking distance of Tobin, I am a morganite, and you can stop worrying, it’s fine, in fact it’s almost to the point that I am about to call bottom, actually at the end of this diatribe I will.
Just like carlsbadworker pointed out, inventory is very low. I’ve seen reports that it is under 6 months but I believe those numbers are too high. I ran 92592, 446 listings, of that only 199 are not short sales. Shorts are really hard to use for stats because they can be in escrow and they don’t change the status to “backup offer” because of the time it takes to get an answer from the bank and offers on shorts are not binding. In a nutshell, you can make an offer on a short and after the bank agrees, you can say no, so the agent tries to get as many offers as possible. There are usually a bunch of offers on each short by the time you look at them and they will show as active for the six months the bank is thinking about it.
Redfin now allows you to pick “exclude short sales.” So I did, 199 listings in 92592 and 80 in 92591 that aren’t shorts and aren’t already under contract. This is for houses and condos, in all price categories combined. 279 total lstings, normal listings and bank owned combined, that’s it, for a city of 100k. That is about a 6 week supply of houses that you can actually make an offer on and move into in a month or two, and of those I’ll be willing to bet some have offers already in play, realtors don’t rush to change the status because they can get leads that way. Right now, Morgan hill has 5 listings that aren’t shorts. Redhawk has 17, Vail Ranch 8, Wolf creek 7. 92592 is averaging 40 closings a week! We need the shadow inventory to surface just to meet demand, and I see less dead lawns than I did last year, I think the loan mods might be taking hold or we already peaked and such a huge percentage of the bubble bought homes have already changed hands. The three car garage monitor now stands at 71 (homes in 92592 with 3 car garages under 400k), the lowest in a while, it was in the triple digit range in 2008 and very few were shorts then, now that about all that is left.
So I’m calling Temecula’s bottom right now! I’ve never called it before but I’m calling it now. Some of my relatives and friends managed to pick up some cash flow positive rentals and the ones that were outbid have been complaining that they missed the boat, that there are more buyers and less listings every day. I’m not claiming a rebound will happen tomorrow but I’ve watched my micromarket more than anyone I have ever met even though I am not in the industry and I say that when the supposed shadow inventory does hit this summer as many believe it will, that will be your last chance. If the government prevents it from hitting, then you missed it, that’s my final answer.
temeculaguy
ParticipantOK Aecitia, I was a little harsh, but it was meant in good fun, Harry, my apologies. However Tobin is even a better school than the ones I mentioned, that’s a 900 API, they could probably benefit from a little diversity. I can tell you that I live within walking distance of Tobin, I am a morganite, and you can stop worrying, it’s fine, in fact it’s almost to the point that I am about to call bottom, actually at the end of this diatribe I will.
Just like carlsbadworker pointed out, inventory is very low. I’ve seen reports that it is under 6 months but I believe those numbers are too high. I ran 92592, 446 listings, of that only 199 are not short sales. Shorts are really hard to use for stats because they can be in escrow and they don’t change the status to “backup offer” because of the time it takes to get an answer from the bank and offers on shorts are not binding. In a nutshell, you can make an offer on a short and after the bank agrees, you can say no, so the agent tries to get as many offers as possible. There are usually a bunch of offers on each short by the time you look at them and they will show as active for the six months the bank is thinking about it.
Redfin now allows you to pick “exclude short sales.” So I did, 199 listings in 92592 and 80 in 92591 that aren’t shorts and aren’t already under contract. This is for houses and condos, in all price categories combined. 279 total lstings, normal listings and bank owned combined, that’s it, for a city of 100k. That is about a 6 week supply of houses that you can actually make an offer on and move into in a month or two, and of those I’ll be willing to bet some have offers already in play, realtors don’t rush to change the status because they can get leads that way. Right now, Morgan hill has 5 listings that aren’t shorts. Redhawk has 17, Vail Ranch 8, Wolf creek 7. 92592 is averaging 40 closings a week! We need the shadow inventory to surface just to meet demand, and I see less dead lawns than I did last year, I think the loan mods might be taking hold or we already peaked and such a huge percentage of the bubble bought homes have already changed hands. The three car garage monitor now stands at 71 (homes in 92592 with 3 car garages under 400k), the lowest in a while, it was in the triple digit range in 2008 and very few were shorts then, now that about all that is left.
So I’m calling Temecula’s bottom right now! I’ve never called it before but I’m calling it now. Some of my relatives and friends managed to pick up some cash flow positive rentals and the ones that were outbid have been complaining that they missed the boat, that there are more buyers and less listings every day. I’m not claiming a rebound will happen tomorrow but I’ve watched my micromarket more than anyone I have ever met even though I am not in the industry and I say that when the supposed shadow inventory does hit this summer as many believe it will, that will be your last chance. If the government prevents it from hitting, then you missed it, that’s my final answer.
temeculaguy
ParticipantOK Aecitia, I was a little harsh, but it was meant in good fun, Harry, my apologies. However Tobin is even a better school than the ones I mentioned, that’s a 900 API, they could probably benefit from a little diversity. I can tell you that I live within walking distance of Tobin, I am a morganite, and you can stop worrying, it’s fine, in fact it’s almost to the point that I am about to call bottom, actually at the end of this diatribe I will.
Just like carlsbadworker pointed out, inventory is very low. I’ve seen reports that it is under 6 months but I believe those numbers are too high. I ran 92592, 446 listings, of that only 199 are not short sales. Shorts are really hard to use for stats because they can be in escrow and they don’t change the status to “backup offer” because of the time it takes to get an answer from the bank and offers on shorts are not binding. In a nutshell, you can make an offer on a short and after the bank agrees, you can say no, so the agent tries to get as many offers as possible. There are usually a bunch of offers on each short by the time you look at them and they will show as active for the six months the bank is thinking about it.
Redfin now allows you to pick “exclude short sales.” So I did, 199 listings in 92592 and 80 in 92591 that aren’t shorts and aren’t already under contract. This is for houses and condos, in all price categories combined. 279 total lstings, normal listings and bank owned combined, that’s it, for a city of 100k. That is about a 6 week supply of houses that you can actually make an offer on and move into in a month or two, and of those I’ll be willing to bet some have offers already in play, realtors don’t rush to change the status because they can get leads that way. Right now, Morgan hill has 5 listings that aren’t shorts. Redhawk has 17, Vail Ranch 8, Wolf creek 7. 92592 is averaging 40 closings a week! We need the shadow inventory to surface just to meet demand, and I see less dead lawns than I did last year, I think the loan mods might be taking hold or we already peaked and such a huge percentage of the bubble bought homes have already changed hands. The three car garage monitor now stands at 71 (homes in 92592 with 3 car garages under 400k), the lowest in a while, it was in the triple digit range in 2008 and very few were shorts then, now that about all that is left.
So I’m calling Temecula’s bottom right now! I’ve never called it before but I’m calling it now. Some of my relatives and friends managed to pick up some cash flow positive rentals and the ones that were outbid have been complaining that they missed the boat, that there are more buyers and less listings every day. I’m not claiming a rebound will happen tomorrow but I’ve watched my micromarket more than anyone I have ever met even though I am not in the industry and I say that when the supposed shadow inventory does hit this summer as many believe it will, that will be your last chance. If the government prevents it from hitting, then you missed it, that’s my final answer.
temeculaguy
ParticipantOK Aecitia, I was a little harsh, but it was meant in good fun, Harry, my apologies. However Tobin is even a better school than the ones I mentioned, that’s a 900 API, they could probably benefit from a little diversity. I can tell you that I live within walking distance of Tobin, I am a morganite, and you can stop worrying, it’s fine, in fact it’s almost to the point that I am about to call bottom, actually at the end of this diatribe I will.
Just like carlsbadworker pointed out, inventory is very low. I’ve seen reports that it is under 6 months but I believe those numbers are too high. I ran 92592, 446 listings, of that only 199 are not short sales. Shorts are really hard to use for stats because they can be in escrow and they don’t change the status to “backup offer” because of the time it takes to get an answer from the bank and offers on shorts are not binding. In a nutshell, you can make an offer on a short and after the bank agrees, you can say no, so the agent tries to get as many offers as possible. There are usually a bunch of offers on each short by the time you look at them and they will show as active for the six months the bank is thinking about it.
Redfin now allows you to pick “exclude short sales.” So I did, 199 listings in 92592 and 80 in 92591 that aren’t shorts and aren’t already under contract. This is for houses and condos, in all price categories combined. 279 total lstings, normal listings and bank owned combined, that’s it, for a city of 100k. That is about a 6 week supply of houses that you can actually make an offer on and move into in a month or two, and of those I’ll be willing to bet some have offers already in play, realtors don’t rush to change the status because they can get leads that way. Right now, Morgan hill has 5 listings that aren’t shorts. Redhawk has 17, Vail Ranch 8, Wolf creek 7. 92592 is averaging 40 closings a week! We need the shadow inventory to surface just to meet demand, and I see less dead lawns than I did last year, I think the loan mods might be taking hold or we already peaked and such a huge percentage of the bubble bought homes have already changed hands. The three car garage monitor now stands at 71 (homes in 92592 with 3 car garages under 400k), the lowest in a while, it was in the triple digit range in 2008 and very few were shorts then, now that about all that is left.
So I’m calling Temecula’s bottom right now! I’ve never called it before but I’m calling it now. Some of my relatives and friends managed to pick up some cash flow positive rentals and the ones that were outbid have been complaining that they missed the boat, that there are more buyers and less listings every day. I’m not claiming a rebound will happen tomorrow but I’ve watched my micromarket more than anyone I have ever met even though I am not in the industry and I say that when the supposed shadow inventory does hit this summer as many believe it will, that will be your last chance. If the government prevents it from hitting, then you missed it, that’s my final answer.
temeculaguy
ParticipantJust an aside to further assuage your fears, it looks like that translator’s work has paid off. CIF Southern section just released the academic champions.
Redhawk’s high school (great oak) ran off with 4 of the 22 academic awards, the most of any school in Southern California including private schools (actually they tied with dos pueblos of goleta the #1 academic school in santa barbara county, last year we beat them for football grades, the two schools usually duke it out for academic honors in many sports and combined for more than 1/3 of the large school awards in so cal). CIF has san diego in a separate grouping, it makes little sense but everything in So Cal is combined, except San Diego is on it’s own, so on the list I linked, the school called “San Marcos” is actually in Santa Barbara.
The point is, seeing a translator at parent/teacher night is not an determining factor in gauging social deacy of a community or a school district (albeit, the economy everywhere is hurting). Harry, you are a nice guy, but I think I win this argument, you can have the next one.
temeculaguy
ParticipantJust an aside to further assuage your fears, it looks like that translator’s work has paid off. CIF Southern section just released the academic champions.
Redhawk’s high school (great oak) ran off with 4 of the 22 academic awards, the most of any school in Southern California including private schools (actually they tied with dos pueblos of goleta the #1 academic school in santa barbara county, last year we beat them for football grades, the two schools usually duke it out for academic honors in many sports and combined for more than 1/3 of the large school awards in so cal). CIF has san diego in a separate grouping, it makes little sense but everything in So Cal is combined, except San Diego is on it’s own, so on the list I linked, the school called “San Marcos” is actually in Santa Barbara.
The point is, seeing a translator at parent/teacher night is not an determining factor in gauging social deacy of a community or a school district (albeit, the economy everywhere is hurting). Harry, you are a nice guy, but I think I win this argument, you can have the next one.
temeculaguy
ParticipantJust an aside to further assuage your fears, it looks like that translator’s work has paid off. CIF Southern section just released the academic champions.
Redhawk’s high school (great oak) ran off with 4 of the 22 academic awards, the most of any school in Southern California including private schools (actually they tied with dos pueblos of goleta the #1 academic school in santa barbara county, last year we beat them for football grades, the two schools usually duke it out for academic honors in many sports and combined for more than 1/3 of the large school awards in so cal). CIF has san diego in a separate grouping, it makes little sense but everything in So Cal is combined, except San Diego is on it’s own, so on the list I linked, the school called “San Marcos” is actually in Santa Barbara.
The point is, seeing a translator at parent/teacher night is not an determining factor in gauging social deacy of a community or a school district (albeit, the economy everywhere is hurting). Harry, you are a nice guy, but I think I win this argument, you can have the next one.
temeculaguy
ParticipantJust an aside to further assuage your fears, it looks like that translator’s work has paid off. CIF Southern section just released the academic champions.
Redhawk’s high school (great oak) ran off with 4 of the 22 academic awards, the most of any school in Southern California including private schools (actually they tied with dos pueblos of goleta the #1 academic school in santa barbara county, last year we beat them for football grades, the two schools usually duke it out for academic honors in many sports and combined for more than 1/3 of the large school awards in so cal). CIF has san diego in a separate grouping, it makes little sense but everything in So Cal is combined, except San Diego is on it’s own, so on the list I linked, the school called “San Marcos” is actually in Santa Barbara.
The point is, seeing a translator at parent/teacher night is not an determining factor in gauging social deacy of a community or a school district (albeit, the economy everywhere is hurting). Harry, you are a nice guy, but I think I win this argument, you can have the next one.
temeculaguy
ParticipantJust an aside to further assuage your fears, it looks like that translator’s work has paid off. CIF Southern section just released the academic champions.
Redhawk’s high school (great oak) ran off with 4 of the 22 academic awards, the most of any school in Southern California including private schools (actually they tied with dos pueblos of goleta the #1 academic school in santa barbara county, last year we beat them for football grades, the two schools usually duke it out for academic honors in many sports and combined for more than 1/3 of the large school awards in so cal). CIF has san diego in a separate grouping, it makes little sense but everything in So Cal is combined, except San Diego is on it’s own, so on the list I linked, the school called “San Marcos” is actually in Santa Barbara.
The point is, seeing a translator at parent/teacher night is not an determining factor in gauging social deacy of a community or a school district (albeit, the economy everywhere is hurting). Harry, you are a nice guy, but I think I win this argument, you can have the next one.
temeculaguy
Participantyahoo real estate has a neighborhood info tab that brings you here. They seem to merge census data into r/e data, taken from sperlings
http://realestate.yahoo.com/neighborhoods;_ylt=AiNvspVrZrgPUsyY41Bcgl6kF7kF
going to sperlings directly seems to yield better info, it breaks it down by zip code, gives some historical info and tells you the percentage drop in median from the prior year, unfortunately it doesn’t go further, you can get specific property history elsewhere. I do like sperlings data on the housing stock, you can pick specific tabs on the zip code results and under housing it has vacancy rates, ownership rates and a percentage break down of when the houses were built within that zip. Some of the other data is weak, surf at your own risk.
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