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January 5, 2008 at 10:24 AM in reply to: KB, Pulte, McMillin, Centex, SP, Lennar….best? worst? thoughts? #129918January 5, 2008 at 10:24 AM in reply to: KB, Pulte, McMillin, Centex, SP, Lennar….best? worst? thoughts? #130092
temeculaguy
ParticipantI don’t doubt your friend had a bad experience but that is not the national reputation for that company. KB probably builds the lowest quality in this region, but they are the cheapest so you get what you pay for. I’d lump Centex, Standard Pacific, D.R. horton and ,most of the rest of the Nationals together, they have high end projects and low end projects. Around here, Pulte has only built the higher end stuff and from the few times I’ve looked at their models, it was very well built. They along with Lennar went with a no options policy (Pulte built half of Morgan Valley) where everything is included, granite, stainless, ceiling fans in every room (not just the outlet but the fan), higher end flooring, even the little things like christmas tree outlets on the second floor, phone and cable in every room, etc. It’s just a strategy but I like it. Mcmillan is not a national builder, sometimes the regional or local builders are better, sometimes they are not. It varies too much for any one builder to the BMW and another to be the Yugo of the industry. If I had to pick a BMW, funny thing is that I would have said Pulte, so that really will confuse you since your friend hates them. You really want a perfect house, find a local builder with a sterling reputation amongst other builders.
BTW, the top three builders in 2006 according to J.D.Power consumer satisfaction polls, covering 12 large metro areas was 1. Del Webb (owned by Pulte) 2. Pulte and 3. Shea Triliogy
January 5, 2008 at 10:24 AM in reply to: KB, Pulte, McMillin, Centex, SP, Lennar….best? worst? thoughts? #130096temeculaguy
ParticipantI don’t doubt your friend had a bad experience but that is not the national reputation for that company. KB probably builds the lowest quality in this region, but they are the cheapest so you get what you pay for. I’d lump Centex, Standard Pacific, D.R. horton and ,most of the rest of the Nationals together, they have high end projects and low end projects. Around here, Pulte has only built the higher end stuff and from the few times I’ve looked at their models, it was very well built. They along with Lennar went with a no options policy (Pulte built half of Morgan Valley) where everything is included, granite, stainless, ceiling fans in every room (not just the outlet but the fan), higher end flooring, even the little things like christmas tree outlets on the second floor, phone and cable in every room, etc. It’s just a strategy but I like it. Mcmillan is not a national builder, sometimes the regional or local builders are better, sometimes they are not. It varies too much for any one builder to the BMW and another to be the Yugo of the industry. If I had to pick a BMW, funny thing is that I would have said Pulte, so that really will confuse you since your friend hates them. You really want a perfect house, find a local builder with a sterling reputation amongst other builders.
BTW, the top three builders in 2006 according to J.D.Power consumer satisfaction polls, covering 12 large metro areas was 1. Del Webb (owned by Pulte) 2. Pulte and 3. Shea Triliogy
January 5, 2008 at 10:24 AM in reply to: KB, Pulte, McMillin, Centex, SP, Lennar….best? worst? thoughts? #130164temeculaguy
ParticipantI don’t doubt your friend had a bad experience but that is not the national reputation for that company. KB probably builds the lowest quality in this region, but they are the cheapest so you get what you pay for. I’d lump Centex, Standard Pacific, D.R. horton and ,most of the rest of the Nationals together, they have high end projects and low end projects. Around here, Pulte has only built the higher end stuff and from the few times I’ve looked at their models, it was very well built. They along with Lennar went with a no options policy (Pulte built half of Morgan Valley) where everything is included, granite, stainless, ceiling fans in every room (not just the outlet but the fan), higher end flooring, even the little things like christmas tree outlets on the second floor, phone and cable in every room, etc. It’s just a strategy but I like it. Mcmillan is not a national builder, sometimes the regional or local builders are better, sometimes they are not. It varies too much for any one builder to the BMW and another to be the Yugo of the industry. If I had to pick a BMW, funny thing is that I would have said Pulte, so that really will confuse you since your friend hates them. You really want a perfect house, find a local builder with a sterling reputation amongst other builders.
BTW, the top three builders in 2006 according to J.D.Power consumer satisfaction polls, covering 12 large metro areas was 1. Del Webb (owned by Pulte) 2. Pulte and 3. Shea Triliogy
January 5, 2008 at 10:24 AM in reply to: KB, Pulte, McMillin, Centex, SP, Lennar….best? worst? thoughts? #130195temeculaguy
ParticipantI don’t doubt your friend had a bad experience but that is not the national reputation for that company. KB probably builds the lowest quality in this region, but they are the cheapest so you get what you pay for. I’d lump Centex, Standard Pacific, D.R. horton and ,most of the rest of the Nationals together, they have high end projects and low end projects. Around here, Pulte has only built the higher end stuff and from the few times I’ve looked at their models, it was very well built. They along with Lennar went with a no options policy (Pulte built half of Morgan Valley) where everything is included, granite, stainless, ceiling fans in every room (not just the outlet but the fan), higher end flooring, even the little things like christmas tree outlets on the second floor, phone and cable in every room, etc. It’s just a strategy but I like it. Mcmillan is not a national builder, sometimes the regional or local builders are better, sometimes they are not. It varies too much for any one builder to the BMW and another to be the Yugo of the industry. If I had to pick a BMW, funny thing is that I would have said Pulte, so that really will confuse you since your friend hates them. You really want a perfect house, find a local builder with a sterling reputation amongst other builders.
BTW, the top three builders in 2006 according to J.D.Power consumer satisfaction polls, covering 12 large metro areas was 1. Del Webb (owned by Pulte) 2. Pulte and 3. Shea Triliogy
temeculaguy
ParticipantThanks for the insight bear and thanks for the posted review, I had not read any recent reviews nor did I realize there was some “buzz” about it. I always considered myself the show’s Jehova Witness, that I needed to go door to door and tell people about it. I will not apologize for hijacking my own thread to pimp The Wire, it’s the cost of my free research, you have to endure the commercials. So bear, when you watched season four and they were dumping bodies in all the vacant repos, did you think to yourself that you could totally redevelop those cool looking houses and make a killing, I did.
As far as the banks holding back, i can’t see them holding out much longer. On foreclosure.com they list the Sheriff sales with dates (trustee sale finals are done by the sheriff in this county) and they were averaging one a day in 92592 alone. There aren’t ten sales a week in the zip code and the Sheriff sales numbers keep getting larger, there are 25 next week alone (5 per day average).
temeculaguy
ParticipantThanks for the insight bear and thanks for the posted review, I had not read any recent reviews nor did I realize there was some “buzz” about it. I always considered myself the show’s Jehova Witness, that I needed to go door to door and tell people about it. I will not apologize for hijacking my own thread to pimp The Wire, it’s the cost of my free research, you have to endure the commercials. So bear, when you watched season four and they were dumping bodies in all the vacant repos, did you think to yourself that you could totally redevelop those cool looking houses and make a killing, I did.
As far as the banks holding back, i can’t see them holding out much longer. On foreclosure.com they list the Sheriff sales with dates (trustee sale finals are done by the sheriff in this county) and they were averaging one a day in 92592 alone. There aren’t ten sales a week in the zip code and the Sheriff sales numbers keep getting larger, there are 25 next week alone (5 per day average).
temeculaguy
ParticipantThanks for the insight bear and thanks for the posted review, I had not read any recent reviews nor did I realize there was some “buzz” about it. I always considered myself the show’s Jehova Witness, that I needed to go door to door and tell people about it. I will not apologize for hijacking my own thread to pimp The Wire, it’s the cost of my free research, you have to endure the commercials. So bear, when you watched season four and they were dumping bodies in all the vacant repos, did you think to yourself that you could totally redevelop those cool looking houses and make a killing, I did.
As far as the banks holding back, i can’t see them holding out much longer. On foreclosure.com they list the Sheriff sales with dates (trustee sale finals are done by the sheriff in this county) and they were averaging one a day in 92592 alone. There aren’t ten sales a week in the zip code and the Sheriff sales numbers keep getting larger, there are 25 next week alone (5 per day average).
temeculaguy
ParticipantThanks for the insight bear and thanks for the posted review, I had not read any recent reviews nor did I realize there was some “buzz” about it. I always considered myself the show’s Jehova Witness, that I needed to go door to door and tell people about it. I will not apologize for hijacking my own thread to pimp The Wire, it’s the cost of my free research, you have to endure the commercials. So bear, when you watched season four and they were dumping bodies in all the vacant repos, did you think to yourself that you could totally redevelop those cool looking houses and make a killing, I did.
As far as the banks holding back, i can’t see them holding out much longer. On foreclosure.com they list the Sheriff sales with dates (trustee sale finals are done by the sheriff in this county) and they were averaging one a day in 92592 alone. There aren’t ten sales a week in the zip code and the Sheriff sales numbers keep getting larger, there are 25 next week alone (5 per day average).
temeculaguy
ParticipantThanks for the insight bear and thanks for the posted review, I had not read any recent reviews nor did I realize there was some “buzz” about it. I always considered myself the show’s Jehova Witness, that I needed to go door to door and tell people about it. I will not apologize for hijacking my own thread to pimp The Wire, it’s the cost of my free research, you have to endure the commercials. So bear, when you watched season four and they were dumping bodies in all the vacant repos, did you think to yourself that you could totally redevelop those cool looking houses and make a killing, I did.
As far as the banks holding back, i can’t see them holding out much longer. On foreclosure.com they list the Sheriff sales with dates (trustee sale finals are done by the sheriff in this county) and they were averaging one a day in 92592 alone. There aren’t ten sales a week in the zip code and the Sheriff sales numbers keep getting larger, there are 25 next week alone (5 per day average).
January 5, 2008 at 1:16 AM in reply to: $200K price drop on house…what’s going on in Temecula? #129790temeculaguy
ParticipantI’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.
January 5, 2008 at 1:16 AM in reply to: $200K price drop on house…what’s going on in Temecula? #129961temeculaguy
ParticipantI’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.
January 5, 2008 at 1:16 AM in reply to: $200K price drop on house…what’s going on in Temecula? #129967temeculaguy
ParticipantI’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.
January 5, 2008 at 1:16 AM in reply to: $200K price drop on house…what’s going on in Temecula? #130037temeculaguy
ParticipantI’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.
January 5, 2008 at 1:16 AM in reply to: $200K price drop on house…what’s going on in Temecula? #130066temeculaguy
ParticipantI’m torn bear, I agree with your analysis (however my beloved redhawk is not run down, just mature, lol) but at the same time there is a part of my brain that can’t see hitory repeating itself in in South Teme to the degree that the nineties did. Morgan has wicked taxes, the worst anywhere up here so perhaps $75 a sq is possible on the larger homes but $250k will be the floor for the smaller ones. I attended the real auctions of the mid nineties, where vail ranch two story homes that were a year or two old went for 60-80k, I saw a lot $50-75 a square ft stuff. I think in the decade since, the area has more to offer and is a little more on the map, I see french valley and wildomar experiencing the most severe drop. Another thing that is a little different is the quality of the housing and the stuff inside and out. In 1995 when stalking the repos and auctions, I never saw granite or 100k backyards, the houses were just a lot more basic and the area lacked a lot of things that is has today. I agree that morgan is in trouble and there will be an ungodly amount of repos, I agree that the mid 400’s to 500’s that the repos on sattui and tudal are not the bottom but I also don’t think that $75 a square will hit anything under 3000 sq ft. I don’t think that the 2100 to 2700 sq ft tracts of morgan will be selling with a price that starts with a “1” I think 250-400 will be the range that the whole development settles in and it will be based on what it has always been based on, size, features, condition, location and rental rates. In the nineties when it went to hell I moved up and South, like a lot of others did, and they will do it again, there are many people who moved to the Menifee/Murrieta border in search of cheaper housing and it they could move to morgan for less, they will.
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