Housing Bubble in Temecula. 85 signs. one neighborhood. Absolute warzone...just driving through after checking out the new homes for mid to high 300's and then crossed the street to find forclosures and houses for sale in the mid to high 400's.
Can you say? "Houston...we have a problem"
It was sooo bad...even a brand new house in the new community was for rent already at half the mortgage payment.
Definitely not by choice I am sure.
Inspired by Patrick.net I had to get a shot of them in there.
Technorati: bubble
crash
economics
estate
floyd
foreclosures
home
housing
incentives
new
patrick.net
pink
real
sales
temecula
Wednesday, May 30, 2007
The Temecula Housing Wall of
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment