one VERY true aspect of Temecula/Murrieta is tha virtually NO ONE who lives here works here. I am int he minority. I work locally…and LOVE the fact that I live 5 minutes from my office. But if you look at the 15/215 freeway in the morning, there is a MASSIVE outflux of people LEAVING for work. in the evenings, there is a massive INFLUX of people coming home from work. PILES of people here work in San Diego and OC. They put up wih the massive commute b/c of the lower housing prices.

I do agree that as prices in the areas they work in go down, they will leave. The gas costs must be killing those people. With a commute like that…it’s easy to be spedning $500+/month on fuel. with dropping housing prices, that would go a long way toward rent/mortgate payments.

I am going to sit tight for now. I have no urgent need to buy. I am quite happy in my rental. the owner may sell, and I’ll have to move *if* she can unload the place… but as prices finally settle down…I’ll be able to pick up a NICE house, 5 minutes from my office… 🙂