[temeculaguy]

DUKE, congrats on breaking from the mold. I’ve met dozens of people from Texas and other middle states and we hear from them on these boards all the time, yet I have rarely heard anything negative from someone actually from there. When in a conversation with someone telling me about how cheap it is, how the family values are better, they have seasons, schools are better, people are better, etc. I usually think but don’t say “then why are you here, you felt the need to keep to do your part and contribute to the traffic.” The premium is only worth it to those who take advantage of it and obviously you do. For me, after 40 years here, I can’t go anywhere else for more than a few weeks, it’s like going back to dial-up, I’m ruined.

[temeculaguy]

DUKE, congrats on breaking from the mold. I’ve met dozens of people from Texas and other middle states and we hear from them on these boards all the time, yet I have rarely heard anything negative from someone actually from there. When in a conversation with someone telling me about how cheap it is, how the family values are better, they have seasons, schools are better, people are better, etc. I usually think but don’t say “then why are you here, you felt the need to keep to do your part and contribute to the traffic.” The premium is only worth it to those who take advantage of it and obviously you do. For me, after 40 years here, I can’t go anywhere else for more than a few weeks, it’s like going back to dial-up, I’m ruined.

[temeculaguy]

DUKE, congrats on breaking from the mold. I’ve met dozens of people from Texas and other middle states and we hear from them on these boards all the time, yet I have rarely heard anything negative from someone actually from there. When in a conversation with someone telling me about how cheap it is, how the family values are better, they have seasons, schools are better, people are better, etc. I usually think but don’t say “then why are you here, you felt the need to keep to do your part and contribute to the traffic.” The premium is only worth it to those who take advantage of it and obviously you do. For me, after 40 years here, I can’t go anywhere else for more than a few weeks, it’s like going back to dial-up, I’m ruined.

[temeculaguy]

I can’t give you any market specifics but I can tell you that you couldn’t have picked a stickier market to fall in love with. Like Maui, 99.9% of the world would also like to live there, but Maui is bigger and there isn’t a bridge to a major employment center. I know this is a den for bears but if you wait for Coronado to have a resonably priced SFR, prepare for heartbreak, Coronado has been in demand since christ was a corporal. My wish list includes the following: 1)win lottery 2) buy house in Coronado 3) Take over Playboy empire and assume Hef’s duties. I figure I have an equal cahance at any of the three.

[temeculaguy]

I can’t give you any market specifics but I can tell you that you couldn’t have picked a stickier market to fall in love with. Like Maui, 99.9% of the world would also like to live there, but Maui is bigger and there isn’t a bridge to a major employment center. I know this is a den for bears but if you wait for Coronado to have a resonably priced SFR, prepare for heartbreak, Coronado has been in demand since christ was a corporal. My wish list includes the following: 1)win lottery 2) buy house in Coronado 3) Take over Playboy empire and assume Hef’s duties. I figure I have an equal cahance at any of the three.

[temeculaguy]

I can’t give you any market specifics but I can tell you that you couldn’t have picked a stickier market to fall in love with. Like Maui, 99.9% of the world would also like to live there, but Maui is bigger and there isn’t a bridge to a major employment center. I know this is a den for bears but if you wait for Coronado to have a resonably priced SFR, prepare for heartbreak, Coronado has been in demand since christ was a corporal. My wish list includes the following: 1)win lottery 2) buy house in Coronado 3) Take over Playboy empire and assume Hef’s duties. I figure I have an equal cahance at any of the three.

[temeculaguy]

Mehram Ahram is a local mortgage guy who is on the radio with Chamberlain all the time and buys commercials on that excuse for a radio station. He is also the reporter of sorts on Chamberlain’s business reports but his reports are almost commercials and it has an infomercial feel where they talk about how great everything is in a disgusting display of eternal optimism. On the weekend they have more time to agree with each other and if you listen for too long the propaganda is so thick you feel like grabbing a flower and pulling a Tieneman sqare on them. Personally I listen to KFI for Bill Handel and for John and Ken but I am forced to switch to KOGO to get the weather/traffic/local news until I’ve had my fill of the local amatuer version of Tony Robbins until Jim Rome comes on at 9:00. There are few things I miss about L.A. but radio is one of them.

[temeculaguy]

Mehram Ahram is a local mortgage guy who is on the radio with Chamberlain all the time and buys commercials on that excuse for a radio station. He is also the reporter of sorts on Chamberlain’s business reports but his reports are almost commercials and it has an infomercial feel where they talk about how great everything is in a disgusting display of eternal optimism. On the weekend they have more time to agree with each other and if you listen for too long the propaganda is so thick you feel like grabbing a flower and pulling a Tieneman sqare on them. Personally I listen to KFI for Bill Handel and for John and Ken but I am forced to switch to KOGO to get the weather/traffic/local news until I’ve had my fill of the local amatuer version of Tony Robbins until Jim Rome comes on at 9:00. There are few things I miss about L.A. but radio is one of them.

[temeculaguy]

Mehram Ahram is a local mortgage guy who is on the radio with Chamberlain all the time and buys commercials on that excuse for a radio station. He is also the reporter of sorts on Chamberlain’s business reports but his reports are almost commercials and it has an infomercial feel where they talk about how great everything is in a disgusting display of eternal optimism. On the weekend they have more time to agree with each other and if you listen for too long the propaganda is so thick you feel like grabbing a flower and pulling a Tieneman sqare on them. Personally I listen to KFI for Bill Handel and for John and Ken but I am forced to switch to KOGO to get the weather/traffic/local news until I’ve had my fill of the local amatuer version of Tony Robbins until Jim Rome comes on at 9:00. There are few things I miss about L.A. but radio is one of them.

[temeculaguy]

I wouldn’t give it another thought. The local bank and CU’s are not who is in trouble here, credit unions and mortgage lenders are different animals entirely and the last decade has seen the explosion of mortgage backed securities so your local bank or CU is not holding a lot of local home loans. Hedge funds, foriegn investors and mortgage banks have the short end of this stick. Your credit union probably has more car loans on their balance sheet than mortgages and for good reason, their mortgage rates suck and have always sucked.

We are nowhere near mattress time, CU’s are conservative for the most part, so sleep well. If the CU’s and main street banks were to all fail then it wouldn’t really matter if you got your money back because it would be worthless anyway. A little perspective here, many components of the economy will have some short term pain but the real pain is in the non traditional mortgages originated in the last four years. When real estate falls to affordable levels the pain for the rest of the economy will end, people will buy again, commisions will be made, carpeting sold again, home depot will be busy again. It’s just a cycle, not the end of the world. Break out your “It’s a wonderful life” DVD, in the end it all works out.

[temeculaguy]

I wouldn’t give it another thought. The local bank and CU’s are not who is in trouble here, credit unions and mortgage lenders are different animals entirely and the last decade has seen the explosion of mortgage backed securities so your local bank or CU is not holding a lot of local home loans. Hedge funds, foriegn investors and mortgage banks have the short end of this stick. Your credit union probably has more car loans on their balance sheet than mortgages and for good reason, their mortgage rates suck and have always sucked.

We are nowhere near mattress time, CU’s are conservative for the most part, so sleep well. If the CU’s and main street banks were to all fail then it wouldn’t really matter if you got your money back because it would be worthless anyway. A little perspective here, many components of the economy will have some short term pain but the real pain is in the non traditional mortgages originated in the last four years. When real estate falls to affordable levels the pain for the rest of the economy will end, people will buy again, commisions will be made, carpeting sold again, home depot will be busy again. It’s just a cycle, not the end of the world. Break out your “It’s a wonderful life” DVD, in the end it all works out.

[temeculaguy]

I wouldn’t give it another thought. The local bank and CU’s are not who is in trouble here, credit unions and mortgage lenders are different animals entirely and the last decade has seen the explosion of mortgage backed securities so your local bank or CU is not holding a lot of local home loans. Hedge funds, foriegn investors and mortgage banks have the short end of this stick. Your credit union probably has more car loans on their balance sheet than mortgages and for good reason, their mortgage rates suck and have always sucked.

We are nowhere near mattress time, CU’s are conservative for the most part, so sleep well. If the CU’s and main street banks were to all fail then it wouldn’t really matter if you got your money back because it would be worthless anyway. A little perspective here, many components of the economy will have some short term pain but the real pain is in the non traditional mortgages originated in the last four years. When real estate falls to affordable levels the pain for the rest of the economy will end, people will buy again, commisions will be made, carpeting sold again, home depot will be busy again. It’s just a cycle, not the end of the world. Break out your “It’s a wonderful life” DVD, in the end it all works out.

[temeculaguy]

Thank goodness, my pain train theory was in jepardy and as always, it’s all about me. I was starting to think that S.D. r/e was never going to unwind. Up here I find 20-25% off peak all over and every week it lunges downward (the three car garage monitor is gaining 10% a week), yet every post I see in S.D. it resembles another country, barely translating the headlines into nominal prices. Plus JWM has been getting increasingly impatient with the home team. I need all these S.D. transplants off waiting hawk’s island and off my freeways, as soon as they can buy houses in S.D. again I’ll be able to use the freeway, be gone I say.

[temeculaguy]

Thank goodness, my pain train theory was in jepardy and as always, it’s all about me. I was starting to think that S.D. r/e was never going to unwind. Up here I find 20-25% off peak all over and every week it lunges downward (the three car garage monitor is gaining 10% a week), yet every post I see in S.D. it resembles another country, barely translating the headlines into nominal prices. Plus JWM has been getting increasingly impatient with the home team. I need all these S.D. transplants off waiting hawk’s island and off my freeways, as soon as they can buy houses in S.D. again I’ll be able to use the freeway, be gone I say.

[temeculaguy]

Thank goodness, my pain train theory was in jepardy and as always, it’s all about me. I was starting to think that S.D. r/e was never going to unwind. Up here I find 20-25% off peak all over and every week it lunges downward (the three car garage monitor is gaining 10% a week), yet every post I see in S.D. it resembles another country, barely translating the headlines into nominal prices. Plus JWM has been getting increasingly impatient with the home team. I need all these S.D. transplants off waiting hawk’s island and off my freeways, as soon as they can buy houses in S.D. again I’ll be able to use the freeway, be gone I say.

[Author]

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