[temeculaguy]

jet, apology accepted, and my apologies for jumping you. I can honestly say that at least my hood on the south side is going through a bit of a change demographics wise. Your theory makes sense but it isn’t fleshing out. Myself and others looking to be in Temecula proper, near golf courses or wineries are finding the brown lawners arent going to investors, white trash, gang members or hardcore commuters. I thought it might and have been hitting the new foreclosure listings with cash in hand (but only specific neighborhoods and not on the outskirts or outside city limits). I’m running up against young retirees (who seem to be choosing it over leaving the state) and work at home, telecommuter types who don’t need to live anywhere particular and arent 9-5ers. Funny thing is the harcore commuters, whisky tango, construction people, r/e people are the ones packing up. One that I was very close on and one of the final two biddrs was a gardner with minimal command of the english language, stay at home wife with a toxic loan for a 600k and a house now worth 300k. Who beat me? A couple in their mid 50’s, driving a new 7 series BMW and paying all cash, asking for no closing costs, I wouldn’t match and the bank took the short, their offer not mine. I hoped that was just one incident, but it has happened three times in thirty days, they just keep coming. They are the types that would have moved to arizona or texas in past years, not quite ready to fully retire or move far from the grandkids and it isn’t as hot with more golf, casino’s and wineries. Bearvine has posted his theory about something like this and I didn’t think it was enough of a crowd but I and a few others are getting beat up on our lowballs. Hell I went full price on two of the three within 24 hours of the listing and still got beat.

Hats off to your finding what you want, I wish you well and hope it comes down to the price that makes sense to buy, until then you are doing the right thing because the rent to purchase ratio is out of whack there. That is not the case here any longer or at least it’s real close. For me it’s not about where, I’m nearing 20 years here, my life is here, I spend less than $20 a month on gasoline, so it makes no sense for me to wait out S.D. and it’s stubborness just for the weather and even if i could i don’t want to, i’m alowed to like it here. I am within striking distance, my new goal is to get a primary 3000 sq fter in redhwak with a view in a good tract for sub 300k and maybe one or two rentals that are cash positive, i’ll spread the three purchases over the next 24 months and in 10 years, things will have recovered and even if they stay the same or just track inflation from here, I’ll be cool. As soon as I can get all these cash flush clowns from coming here until after I’m settled in.

[temeculaguy]

jet, apology accepted, and my apologies for jumping you. I can honestly say that at least my hood on the south side is going through a bit of a change demographics wise. Your theory makes sense but it isn’t fleshing out. Myself and others looking to be in Temecula proper, near golf courses or wineries are finding the brown lawners arent going to investors, white trash, gang members or hardcore commuters. I thought it might and have been hitting the new foreclosure listings with cash in hand (but only specific neighborhoods and not on the outskirts or outside city limits). I’m running up against young retirees (who seem to be choosing it over leaving the state) and work at home, telecommuter types who don’t need to live anywhere particular and arent 9-5ers. Funny thing is the harcore commuters, whisky tango, construction people, r/e people are the ones packing up. One that I was very close on and one of the final two biddrs was a gardner with minimal command of the english language, stay at home wife with a toxic loan for a 600k and a house now worth 300k. Who beat me? A couple in their mid 50’s, driving a new 7 series BMW and paying all cash, asking for no closing costs, I wouldn’t match and the bank took the short, their offer not mine. I hoped that was just one incident, but it has happened three times in thirty days, they just keep coming. They are the types that would have moved to arizona or texas in past years, not quite ready to fully retire or move far from the grandkids and it isn’t as hot with more golf, casino’s and wineries. Bearvine has posted his theory about something like this and I didn’t think it was enough of a crowd but I and a few others are getting beat up on our lowballs. Hell I went full price on two of the three within 24 hours of the listing and still got beat.

Hats off to your finding what you want, I wish you well and hope it comes down to the price that makes sense to buy, until then you are doing the right thing because the rent to purchase ratio is out of whack there. That is not the case here any longer or at least it’s real close. For me it’s not about where, I’m nearing 20 years here, my life is here, I spend less than $20 a month on gasoline, so it makes no sense for me to wait out S.D. and it’s stubborness just for the weather and even if i could i don’t want to, i’m alowed to like it here. I am within striking distance, my new goal is to get a primary 3000 sq fter in redhwak with a view in a good tract for sub 300k and maybe one or two rentals that are cash positive, i’ll spread the three purchases over the next 24 months and in 10 years, things will have recovered and even if they stay the same or just track inflation from here, I’ll be cool. As soon as I can get all these cash flush clowns from coming here until after I’m settled in.

[temeculaguy]

jet, apology accepted, and my apologies for jumping you. I can honestly say that at least my hood on the south side is going through a bit of a change demographics wise. Your theory makes sense but it isn’t fleshing out. Myself and others looking to be in Temecula proper, near golf courses or wineries are finding the brown lawners arent going to investors, white trash, gang members or hardcore commuters. I thought it might and have been hitting the new foreclosure listings with cash in hand (but only specific neighborhoods and not on the outskirts or outside city limits). I’m running up against young retirees (who seem to be choosing it over leaving the state) and work at home, telecommuter types who don’t need to live anywhere particular and arent 9-5ers. Funny thing is the harcore commuters, whisky tango, construction people, r/e people are the ones packing up. One that I was very close on and one of the final two biddrs was a gardner with minimal command of the english language, stay at home wife with a toxic loan for a 600k and a house now worth 300k. Who beat me? A couple in their mid 50’s, driving a new 7 series BMW and paying all cash, asking for no closing costs, I wouldn’t match and the bank took the short, their offer not mine. I hoped that was just one incident, but it has happened three times in thirty days, they just keep coming. They are the types that would have moved to arizona or texas in past years, not quite ready to fully retire or move far from the grandkids and it isn’t as hot with more golf, casino’s and wineries. Bearvine has posted his theory about something like this and I didn’t think it was enough of a crowd but I and a few others are getting beat up on our lowballs. Hell I went full price on two of the three within 24 hours of the listing and still got beat.

Hats off to your finding what you want, I wish you well and hope it comes down to the price that makes sense to buy, until then you are doing the right thing because the rent to purchase ratio is out of whack there. That is not the case here any longer or at least it’s real close. For me it’s not about where, I’m nearing 20 years here, my life is here, I spend less than $20 a month on gasoline, so it makes no sense for me to wait out S.D. and it’s stubborness just for the weather and even if i could i don’t want to, i’m alowed to like it here. I am within striking distance, my new goal is to get a primary 3000 sq fter in redhwak with a view in a good tract for sub 300k and maybe one or two rentals that are cash positive, i’ll spread the three purchases over the next 24 months and in 10 years, things will have recovered and even if they stay the same or just track inflation from here, I’ll be cool. As soon as I can get all these cash flush clowns from coming here until after I’m settled in.

[temeculaguy]

jet, apology accepted, and my apologies for jumping you. I can honestly say that at least my hood on the south side is going through a bit of a change demographics wise. Your theory makes sense but it isn’t fleshing out. Myself and others looking to be in Temecula proper, near golf courses or wineries are finding the brown lawners arent going to investors, white trash, gang members or hardcore commuters. I thought it might and have been hitting the new foreclosure listings with cash in hand (but only specific neighborhoods and not on the outskirts or outside city limits). I’m running up against young retirees (who seem to be choosing it over leaving the state) and work at home, telecommuter types who don’t need to live anywhere particular and arent 9-5ers. Funny thing is the harcore commuters, whisky tango, construction people, r/e people are the ones packing up. One that I was very close on and one of the final two biddrs was a gardner with minimal command of the english language, stay at home wife with a toxic loan for a 600k and a house now worth 300k. Who beat me? A couple in their mid 50’s, driving a new 7 series BMW and paying all cash, asking for no closing costs, I wouldn’t match and the bank took the short, their offer not mine. I hoped that was just one incident, but it has happened three times in thirty days, they just keep coming. They are the types that would have moved to arizona or texas in past years, not quite ready to fully retire or move far from the grandkids and it isn’t as hot with more golf, casino’s and wineries. Bearvine has posted his theory about something like this and I didn’t think it was enough of a crowd but I and a few others are getting beat up on our lowballs. Hell I went full price on two of the three within 24 hours of the listing and still got beat.

Hats off to your finding what you want, I wish you well and hope it comes down to the price that makes sense to buy, until then you are doing the right thing because the rent to purchase ratio is out of whack there. That is not the case here any longer or at least it’s real close. For me it’s not about where, I’m nearing 20 years here, my life is here, I spend less than $20 a month on gasoline, so it makes no sense for me to wait out S.D. and it’s stubborness just for the weather and even if i could i don’t want to, i’m alowed to like it here. I am within striking distance, my new goal is to get a primary 3000 sq fter in redhwak with a view in a good tract for sub 300k and maybe one or two rentals that are cash positive, i’ll spread the three purchases over the next 24 months and in 10 years, things will have recovered and even if they stay the same or just track inflation from here, I’ll be cool. As soon as I can get all these cash flush clowns from coming here until after I’m settled in.

[temeculaguy]

Well I lived through past downturns and I liquidated a cash nuetral rental in the 90’s downturn based on that same fear (covering vacant mortgage while covering my primary while things economically were getting worse), 2nd worst r/e decision I ever made. The worst was listening to well known experts.

[temeculaguy]

Well I lived through past downturns and I liquidated a cash nuetral rental in the 90’s downturn based on that same fear (covering vacant mortgage while covering my primary while things economically were getting worse), 2nd worst r/e decision I ever made. The worst was listening to well known experts.

[temeculaguy]

Well I lived through past downturns and I liquidated a cash nuetral rental in the 90’s downturn based on that same fear (covering vacant mortgage while covering my primary while things economically were getting worse), 2nd worst r/e decision I ever made. The worst was listening to well known experts.

[temeculaguy]

Well I lived through past downturns and I liquidated a cash nuetral rental in the 90’s downturn based on that same fear (covering vacant mortgage while covering my primary while things economically were getting worse), 2nd worst r/e decision I ever made. The worst was listening to well known experts.

[temeculaguy]

Well I lived through past downturns and I liquidated a cash nuetral rental in the 90’s downturn based on that same fear (covering vacant mortgage while covering my primary while things economically were getting worse), 2nd worst r/e decision I ever made. The worst was listening to well known experts.

[temeculaguy]

Three things to check before buying a house, crime rates can be found at sandag, megans law pinmap and the school’s demographic info (free lunch, etc.) and scores. Even if your kids go to private school, it can be a value killer for SFR’s if the schools are horrible. At some point you may want to sell it and if it the type of housing a family wants, they will care even if you don’t.

I agree with the above posts that O’side is better than it was and it is big enough that is has good areas and bad, it just has more bad than the other N. Coastal Beach areas, but it isn’t a ghetto by L.A. standards and you look at the numbers, it has been making progress for years now. It actually has the lowest crime rate among the cities within the county with over 100k population.

Here is a link to a 36 page pdf report from sandag, go to page 18 and you will see the overall crime rate by town, column three is 2007, Oceanside has a population of 176k, making it the third largest city in the county and it’s crime rate is now 31.1, which is below the county average of 33.4 (crimes per year per thousand people).

Aecitia is correct, Del Mar stats need to be ignored, it has always been a statistical anomoly, with 4k residents to divide the crimes into, the tourists and visitors outnumber the full time residents so it skews the numbers. All coastal areas have tourist but Del Mar is ridiculous as far as the tourist to resident ratio, and what most people consider Del mar is actually the city of S.D., only a very small area of residential is actually in the city of DM, basically the hill overlooking the track.

http://www.sandag.org/uploads/publicationid/publicationid_1367_8040.pdf

Areas with higher crime than oceanside are San Diego City (38.3), Chula Vista (36), Escondido (35.1), El Cajon (45.7), La Mesa (43.9) and National City (42.4). All other areas are lower, but for it’s size it is actually pretty low and has been trending down for 5 years.

But compared to Encinitas (20.6), Carlsbad (27.3), Poway (16.8), Ramona (12.5), Solana Beach (22.1) and even Vista (28.1), it’s higher. In some cases it’s a very small difference but vs Poway, it’s double.

It’s up to you where you want to live, statistically, it’s not that bad.

[temeculaguy]

Three things to check before buying a house, crime rates can be found at sandag, megans law pinmap and the school’s demographic info (free lunch, etc.) and scores. Even if your kids go to private school, it can be a value killer for SFR’s if the schools are horrible. At some point you may want to sell it and if it the type of housing a family wants, they will care even if you don’t.

I agree with the above posts that O’side is better than it was and it is big enough that is has good areas and bad, it just has more bad than the other N. Coastal Beach areas, but it isn’t a ghetto by L.A. standards and you look at the numbers, it has been making progress for years now. It actually has the lowest crime rate among the cities within the county with over 100k population.

Here is a link to a 36 page pdf report from sandag, go to page 18 and you will see the overall crime rate by town, column three is 2007, Oceanside has a population of 176k, making it the third largest city in the county and it’s crime rate is now 31.1, which is below the county average of 33.4 (crimes per year per thousand people).

Aecitia is correct, Del Mar stats need to be ignored, it has always been a statistical anomoly, with 4k residents to divide the crimes into, the tourists and visitors outnumber the full time residents so it skews the numbers. All coastal areas have tourist but Del Mar is ridiculous as far as the tourist to resident ratio, and what most people consider Del mar is actually the city of S.D., only a very small area of residential is actually in the city of DM, basically the hill overlooking the track.

http://www.sandag.org/uploads/publicationid/publicationid_1367_8040.pdf

Areas with higher crime than oceanside are San Diego City (38.3), Chula Vista (36), Escondido (35.1), El Cajon (45.7), La Mesa (43.9) and National City (42.4). All other areas are lower, but for it’s size it is actually pretty low and has been trending down for 5 years.

But compared to Encinitas (20.6), Carlsbad (27.3), Poway (16.8), Ramona (12.5), Solana Beach (22.1) and even Vista (28.1), it’s higher. In some cases it’s a very small difference but vs Poway, it’s double.

It’s up to you where you want to live, statistically, it’s not that bad.

[temeculaguy]

Three things to check before buying a house, crime rates can be found at sandag, megans law pinmap and the school’s demographic info (free lunch, etc.) and scores. Even if your kids go to private school, it can be a value killer for SFR’s if the schools are horrible. At some point you may want to sell it and if it the type of housing a family wants, they will care even if you don’t.

I agree with the above posts that O’side is better than it was and it is big enough that is has good areas and bad, it just has more bad than the other N. Coastal Beach areas, but it isn’t a ghetto by L.A. standards and you look at the numbers, it has been making progress for years now. It actually has the lowest crime rate among the cities within the county with over 100k population.

Here is a link to a 36 page pdf report from sandag, go to page 18 and you will see the overall crime rate by town, column three is 2007, Oceanside has a population of 176k, making it the third largest city in the county and it’s crime rate is now 31.1, which is below the county average of 33.4 (crimes per year per thousand people).

Aecitia is correct, Del Mar stats need to be ignored, it has always been a statistical anomoly, with 4k residents to divide the crimes into, the tourists and visitors outnumber the full time residents so it skews the numbers. All coastal areas have tourist but Del Mar is ridiculous as far as the tourist to resident ratio, and what most people consider Del mar is actually the city of S.D., only a very small area of residential is actually in the city of DM, basically the hill overlooking the track.

http://www.sandag.org/uploads/publicationid/publicationid_1367_8040.pdf

Areas with higher crime than oceanside are San Diego City (38.3), Chula Vista (36), Escondido (35.1), El Cajon (45.7), La Mesa (43.9) and National City (42.4). All other areas are lower, but for it’s size it is actually pretty low and has been trending down for 5 years.

But compared to Encinitas (20.6), Carlsbad (27.3), Poway (16.8), Ramona (12.5), Solana Beach (22.1) and even Vista (28.1), it’s higher. In some cases it’s a very small difference but vs Poway, it’s double.

It’s up to you where you want to live, statistically, it’s not that bad.

[temeculaguy]

Three things to check before buying a house, crime rates can be found at sandag, megans law pinmap and the school’s demographic info (free lunch, etc.) and scores. Even if your kids go to private school, it can be a value killer for SFR’s if the schools are horrible. At some point you may want to sell it and if it the type of housing a family wants, they will care even if you don’t.

I agree with the above posts that O’side is better than it was and it is big enough that is has good areas and bad, it just has more bad than the other N. Coastal Beach areas, but it isn’t a ghetto by L.A. standards and you look at the numbers, it has been making progress for years now. It actually has the lowest crime rate among the cities within the county with over 100k population.

Here is a link to a 36 page pdf report from sandag, go to page 18 and you will see the overall crime rate by town, column three is 2007, Oceanside has a population of 176k, making it the third largest city in the county and it’s crime rate is now 31.1, which is below the county average of 33.4 (crimes per year per thousand people).

Aecitia is correct, Del Mar stats need to be ignored, it has always been a statistical anomoly, with 4k residents to divide the crimes into, the tourists and visitors outnumber the full time residents so it skews the numbers. All coastal areas have tourist but Del Mar is ridiculous as far as the tourist to resident ratio, and what most people consider Del mar is actually the city of S.D., only a very small area of residential is actually in the city of DM, basically the hill overlooking the track.

http://www.sandag.org/uploads/publicationid/publicationid_1367_8040.pdf

Areas with higher crime than oceanside are San Diego City (38.3), Chula Vista (36), Escondido (35.1), El Cajon (45.7), La Mesa (43.9) and National City (42.4). All other areas are lower, but for it’s size it is actually pretty low and has been trending down for 5 years.

But compared to Encinitas (20.6), Carlsbad (27.3), Poway (16.8), Ramona (12.5), Solana Beach (22.1) and even Vista (28.1), it’s higher. In some cases it’s a very small difference but vs Poway, it’s double.

It’s up to you where you want to live, statistically, it’s not that bad.

[temeculaguy]

Three things to check before buying a house, crime rates can be found at sandag, megans law pinmap and the school’s demographic info (free lunch, etc.) and scores. Even if your kids go to private school, it can be a value killer for SFR’s if the schools are horrible. At some point you may want to sell it and if it the type of housing a family wants, they will care even if you don’t.

I agree with the above posts that O’side is better than it was and it is big enough that is has good areas and bad, it just has more bad than the other N. Coastal Beach areas, but it isn’t a ghetto by L.A. standards and you look at the numbers, it has been making progress for years now. It actually has the lowest crime rate among the cities within the county with over 100k population.

Here is a link to a 36 page pdf report from sandag, go to page 18 and you will see the overall crime rate by town, column three is 2007, Oceanside has a population of 176k, making it the third largest city in the county and it’s crime rate is now 31.1, which is below the county average of 33.4 (crimes per year per thousand people).

Aecitia is correct, Del Mar stats need to be ignored, it has always been a statistical anomoly, with 4k residents to divide the crimes into, the tourists and visitors outnumber the full time residents so it skews the numbers. All coastal areas have tourist but Del Mar is ridiculous as far as the tourist to resident ratio, and what most people consider Del mar is actually the city of S.D., only a very small area of residential is actually in the city of DM, basically the hill overlooking the track.

http://www.sandag.org/uploads/publicationid/publicationid_1367_8040.pdf

Areas with higher crime than oceanside are San Diego City (38.3), Chula Vista (36), Escondido (35.1), El Cajon (45.7), La Mesa (43.9) and National City (42.4). All other areas are lower, but for it’s size it is actually pretty low and has been trending down for 5 years.

But compared to Encinitas (20.6), Carlsbad (27.3), Poway (16.8), Ramona (12.5), Solana Beach (22.1) and even Vista (28.1), it’s higher. In some cases it’s a very small difference but vs Poway, it’s double.

It’s up to you where you want to live, statistically, it’s not that bad.

[temeculaguy]

peter, koolaid comes in two flavors, bear and bull, don’t drink either. Just plattitudes and cliche’s, still no examples or data. I’ve followed my micro market as much as anyone on the boards or probably the town and I say it is within striking distance right now with 09 being ideal, nobody has made a cogent argument against that, other than generic talking points.

here’s another example

http://www.redfin.com/CA/Temecula/44656-LA-PAZ-92592/home/6189254

$82 a square for rental property, 89k for a rental that brings over 1k a month, I’ll concede these are the scuzziest units around but they rent, seen them between 1100 and 1300.

Not that you can get 0 down on rental property but purely for mathematical calculations, 90k at 6.5, 30yr fixed is $586 mo. hoa is $275 taxes are about 1500 yr, as they were 3k based on a much higher purchase price, this place peaked at 270k in early 2006 and was 82k in 1992, out the door today, 1k a month total carry with zero down calculated and rents for that plus a little extra. So if I am finding rent nuetral or rent positive properties i have a hard time accepting the other flavor of koolaid and phrases like “prices are still going down, it’s a depreciating asset.” You can’t find a rent positve property using zero down calculations in carmel valley then those phrases apply to carmel valley, but it doesn’t mean that they apply everywhere.

[Author]

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