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temeculaguy
ParticipantMatt, the problem with those rentals is that they are too far North with the exception of the condo and that condo in So.Tem was the same price as a big house in French. I’ve lived up there and I’m not going back so my rental options are limited to 1600 for a condo 2k for a house and everybody wants a year lease that I don’t want. Both those listings I posted were new in the last few days and I’m seeing the new stuff take huge downward moves, you will do very well waiting years but I see this holiday season as my time. Actually now is the time for me but I’ve convinced myself that my specific area will drop another 10-15% by Christmas, maybe I’ll talk myself into a another three months when Christmas gets here but we will see. At this point my after tax cost on the same thing is now equal to rent, so there is no savings, the only benefit is expected nominal price drops and the one I have my eye on (which I did not post) is about 2k sq ft and just a hair over 300k, if it gets to 270 or 280, I’m done. Without laying out my w-2’s my mortgage would be about one week’s pay each month, giving me what I want at the price I want, the affordabilty level that I wan’t and still keeping cash in the bank, if in two years it goes to hell I’ll pick up a rental. Borrowing what amounts to two years pay doesn’t scare me, it’s actually quite prudent and if the typical S.D. coastal buyer of an 800k house with 20% down made 320k a year they would feel just fine too. Then I can get off these housing websites and go back to what the internet was intended to be used for, sports and porn.
ParticipantMatt, the problem with those rentals is that they are too far North with the exception of the condo and that condo in So.Tem was the same price as a big house in French. I’ve lived up there and I’m not going back so my rental options are limited to 1600 for a condo 2k for a house and everybody wants a year lease that I don’t want. Both those listings I posted were new in the last few days and I’m seeing the new stuff take huge downward moves, you will do very well waiting years but I see this holiday season as my time. Actually now is the time for me but I’ve convinced myself that my specific area will drop another 10-15% by Christmas, maybe I’ll talk myself into a another three months when Christmas gets here but we will see. At this point my after tax cost on the same thing is now equal to rent, so there is no savings, the only benefit is expected nominal price drops and the one I have my eye on (which I did not post) is about 2k sq ft and just a hair over 300k, if it gets to 270 or 280, I’m done. Without laying out my w-2’s my mortgage would be about one week’s pay each month, giving me what I want at the price I want, the affordabilty level that I wan’t and still keeping cash in the bank, if in two years it goes to hell I’ll pick up a rental. Borrowing what amounts to two years pay doesn’t scare me, it’s actually quite prudent and if the typical S.D. coastal buyer of an 800k house with 20% down made 320k a year they would feel just fine too. Then I can get off these housing websites and go back to what the internet was intended to be used for, sports and porn.
Participant5yes, I’m in the same boat, it is getting to the point that rent is higher than buying. $1500 will get you almost nothing, $2000 is about the average rent. Even the apartments that just reverted on 79s want 1800 for a 3br and 1600 for a 2br, no garage and you get to climb three flights of stairs(prices will come down, nobody is renting there and the prices are nuts). 79s had no apartments until this week so the rental market is tight but it is a unique situation so I am choosing to ignore the rent multiplier as an indicator of when to buy. It was also very slim on condos but I think that d.r.’s 200-400 new condos and temecula creeks 200 new apartments should ease the rental prices since it will more than double the rental stock in a very short time.
Will you get 1800 sq for 280k in Redhawk, I would say it is guaranteed by Christmas but Redhawk has very few homes that small. Numerous Realtors list things as being in Redhawk or the Redhwak area that are not, there are only a few tracts with a few models in the Redhawk HOA that are under 2000 sq ft (same goes for morgan hill), but the adjacent fill in developments like Bridlevale have alot in those ranges and you still get to drive through all the beautiful landscaping on the way home. The trouble with Redhawk is that it is one of the best looking and best maintained communities most people have ever seen and it was primarily built pre-bubble, all factors that have kept it’s prices high.
If you don’t mind paloma, you will have your pick in that size range and price range by Christmas, the banks have just started to come down.
Here’s a repo in a below par tract in Vail for 277k with a nice pool that just listed
And here is the new low price leader in the Three car garage monitor in Crowne Hill for 330k on a 10k sq ft lot. It represents about a 20% drop in three months when the cheapest 3 car in 92592 was over 400k, today there are 17 below 400k, some well below.
They leapfrog down almost daily, we are in a terrible spot because we can now afford what we want but we must stay strong, stay with the piggington 12 step recovery program and lean on us for support to curb you temptations.
Participant5yes, I’m in the same boat, it is getting to the point that rent is higher than buying. $1500 will get you almost nothing, $2000 is about the average rent. Even the apartments that just reverted on 79s want 1800 for a 3br and 1600 for a 2br, no garage and you get to climb three flights of stairs(prices will come down, nobody is renting there and the prices are nuts). 79s had no apartments until this week so the rental market is tight but it is a unique situation so I am choosing to ignore the rent multiplier as an indicator of when to buy. It was also very slim on condos but I think that d.r.’s 200-400 new condos and temecula creeks 200 new apartments should ease the rental prices since it will more than double the rental stock in a very short time.
Will you get 1800 sq for 280k in Redhawk, I would say it is guaranteed by Christmas but Redhawk has very few homes that small. Numerous Realtors list things as being in Redhawk or the Redhwak area that are not, there are only a few tracts with a few models in the Redhawk HOA that are under 2000 sq ft (same goes for morgan hill), but the adjacent fill in developments like Bridlevale have alot in those ranges and you still get to drive through all the beautiful landscaping on the way home. The trouble with Redhawk is that it is one of the best looking and best maintained communities most people have ever seen and it was primarily built pre-bubble, all factors that have kept it’s prices high.
If you don’t mind paloma, you will have your pick in that size range and price range by Christmas, the banks have just started to come down.
Here’s a repo in a below par tract in Vail for 277k with a nice pool that just listed
And here is the new low price leader in the Three car garage monitor in Crowne Hill for 330k on a 10k sq ft lot. It represents about a 20% drop in three months when the cheapest 3 car in 92592 was over 400k, today there are 17 below 400k, some well below.
They leapfrog down almost daily, we are in a terrible spot because we can now afford what we want but we must stay strong, stay with the piggington 12 step recovery program and lean on us for support to curb you temptations.
Participant5yes, I’m in the same boat, it is getting to the point that rent is higher than buying. $1500 will get you almost nothing, $2000 is about the average rent. Even the apartments that just reverted on 79s want 1800 for a 3br and 1600 for a 2br, no garage and you get to climb three flights of stairs(prices will come down, nobody is renting there and the prices are nuts). 79s had no apartments until this week so the rental market is tight but it is a unique situation so I am choosing to ignore the rent multiplier as an indicator of when to buy. It was also very slim on condos but I think that d.r.’s 200-400 new condos and temecula creeks 200 new apartments should ease the rental prices since it will more than double the rental stock in a very short time.
Will you get 1800 sq for 280k in Redhawk, I would say it is guaranteed by Christmas but Redhawk has very few homes that small. Numerous Realtors list things as being in Redhawk or the Redhwak area that are not, there are only a few tracts with a few models in the Redhawk HOA that are under 2000 sq ft (same goes for morgan hill), but the adjacent fill in developments like Bridlevale have alot in those ranges and you still get to drive through all the beautiful landscaping on the way home. The trouble with Redhawk is that it is one of the best looking and best maintained communities most people have ever seen and it was primarily built pre-bubble, all factors that have kept it’s prices high.
If you don’t mind paloma, you will have your pick in that size range and price range by Christmas, the banks have just started to come down.
Here’s a repo in a below par tract in Vail for 277k with a nice pool that just listed
And here is the new low price leader in the Three car garage monitor in Crowne Hill for 330k on a 10k sq ft lot. It represents about a 20% drop in three months when the cheapest 3 car in 92592 was over 400k, today there are 17 below 400k, some well below.
They leapfrog down almost daily, we are in a terrible spot because we can now afford what we want but we must stay strong, stay with the piggington 12 step recovery program and lean on us for support to curb you temptations.
Participant5yes, bob’s haircuts are cheap and his shop is a cool throwback but he is 77, I’m never really happy with my lettuce afterwards, take the kids to Stews. If you do go to bob’s, go about ten, that way he’s had a chance to get going and it’s not too close to nap time.
Tuba, thanks for the insight, you have a perspective we rarely get, stay onboard.
Bugs, the 30 day plan is book worthy, excellent idea, I’m going with it.
5yes, back to your questions and sorry for the mildly sexist comments of the past, Mea Culpa moment. In the past I have posted my preliminary research into the relationship between estrogen and model homes but it was mostly in good fun. D.R. Horton is also marketing to cops/fire/teachers, giving them 5 or 10k in additional incentives and allowing $500 deposits from them. I don’t think it is their civic pride, they just figure those are the people who don’t state their income and can still get loans but you may find many of your co-workers end up as your neighbors. I’ve never met a woman who couldn’t control her man so you should be fine in keeping him in line for a little longer (oops another sexist comment), D.R. horton is lining up all the fireworks and they are about to light a match, so go with the bugs plan. Even if you don’t buy there it will still have a huge impact on the zip code. Where is that repo anyway? From the size and price it sounds like Vail, Paloma or the West side of Pechanga parkway, I know the specific area as well as anyone here and can give some you some specific advice if you don’t mind elaborating. I’d give you my e-mail but I have stalkers, well hopefully I still do.
Participant5yes, bob’s haircuts are cheap and his shop is a cool throwback but he is 77, I’m never really happy with my lettuce afterwards, take the kids to Stews. If you do go to bob’s, go about ten, that way he’s had a chance to get going and it’s not too close to nap time.
Tuba, thanks for the insight, you have a perspective we rarely get, stay onboard.
Bugs, the 30 day plan is book worthy, excellent idea, I’m going with it.
5yes, back to your questions and sorry for the mildly sexist comments of the past, Mea Culpa moment. In the past I have posted my preliminary research into the relationship between estrogen and model homes but it was mostly in good fun. D.R. Horton is also marketing to cops/fire/teachers, giving them 5 or 10k in additional incentives and allowing $500 deposits from them. I don’t think it is their civic pride, they just figure those are the people who don’t state their income and can still get loans but you may find many of your co-workers end up as your neighbors. I’ve never met a woman who couldn’t control her man so you should be fine in keeping him in line for a little longer (oops another sexist comment), D.R. horton is lining up all the fireworks and they are about to light a match, so go with the bugs plan. Even if you don’t buy there it will still have a huge impact on the zip code. Where is that repo anyway? From the size and price it sounds like Vail, Paloma or the West side of Pechanga parkway, I know the specific area as well as anyone here and can give some you some specific advice if you don’t mind elaborating. I’d give you my e-mail but I have stalkers, well hopefully I still do.
Participant5yes, bob’s haircuts are cheap and his shop is a cool throwback but he is 77, I’m never really happy with my lettuce afterwards, take the kids to Stews. If you do go to bob’s, go about ten, that way he’s had a chance to get going and it’s not too close to nap time.
Tuba, thanks for the insight, you have a perspective we rarely get, stay onboard.
Bugs, the 30 day plan is book worthy, excellent idea, I’m going with it.
5yes, back to your questions and sorry for the mildly sexist comments of the past, Mea Culpa moment. In the past I have posted my preliminary research into the relationship between estrogen and model homes but it was mostly in good fun. D.R. Horton is also marketing to cops/fire/teachers, giving them 5 or 10k in additional incentives and allowing $500 deposits from them. I don’t think it is their civic pride, they just figure those are the people who don’t state their income and can still get loans but you may find many of your co-workers end up as your neighbors. I’ve never met a woman who couldn’t control her man so you should be fine in keeping him in line for a little longer (oops another sexist comment), D.R. horton is lining up all the fireworks and they are about to light a match, so go with the bugs plan. Even if you don’t buy there it will still have a huge impact on the zip code. Where is that repo anyway? From the size and price it sounds like Vail, Paloma or the West side of Pechanga parkway, I know the specific area as well as anyone here and can give some you some specific advice if you don’t mind elaborating. I’d give you my e-mail but I have stalkers, well hopefully I still do.
ParticipantHawk, love the new vid, it’s probably your best that I’ve seen because it moves quick and combines a few different elements, well done. That guy in the end from San Simeon, I love San Simeon and Cambria, was that 145 for a house or just a lot., I would have never thought prices would ever fall there, even forbes said a year ago that it was one of the places that is immune to the fall in prices, guess they were wrong. It’s one of the most beautiful places on the planet and it takes a decade (literally) to get a building permit because of the water/sewer/envronmental protection issues. When you see the ads for lots, it’s place in line for a water/sewer permit is always listed and the price is based on the spot in line, not the location or size, it’s amazing.
ParticipantHawk, love the new vid, it’s probably your best that I’ve seen because it moves quick and combines a few different elements, well done. That guy in the end from San Simeon, I love San Simeon and Cambria, was that 145 for a house or just a lot., I would have never thought prices would ever fall there, even forbes said a year ago that it was one of the places that is immune to the fall in prices, guess they were wrong. It’s one of the most beautiful places on the planet and it takes a decade (literally) to get a building permit because of the water/sewer/envronmental protection issues. When you see the ads for lots, it’s place in line for a water/sewer permit is always listed and the price is based on the spot in line, not the location or size, it’s amazing.
ParticipantHawk, love the new vid, it’s probably your best that I’ve seen because it moves quick and combines a few different elements, well done. That guy in the end from San Simeon, I love San Simeon and Cambria, was that 145 for a house or just a lot., I would have never thought prices would ever fall there, even forbes said a year ago that it was one of the places that is immune to the fall in prices, guess they were wrong. It’s one of the most beautiful places on the planet and it takes a decade (literally) to get a building permit because of the water/sewer/envronmental protection issues. When you see the ads for lots, it’s place in line for a water/sewer permit is always listed and the price is based on the spot in line, not the location or size, it’s amazing.
ParticipantI just traded my new hobby for television. I have watched about three hours of T.V. in the past two months. The hour or so a day that I devote to my self education replaced two to three hours of television, so actually I have had more free time and my brain seems to be working better since I unplugged from the matrix.
ParticipantI just traded my new hobby for television. I have watched about three hours of T.V. in the past two months. The hour or so a day that I devote to my self education replaced two to three hours of television, so actually I have had more free time and my brain seems to be working better since I unplugged from the matrix.
ParticipantI just traded my new hobby for television. I have watched about three hours of T.V. in the past two months. The hour or so a day that I devote to my self education replaced two to three hours of television, so actually I have had more free time and my brain seems to be working better since I unplugged from the matrix.
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