I have no hard data, but in general I thing TG and the dogs poster are a bit pollyann-ish.

I suspect there is still a substantial shadow inventory around Temecula, and I am still noticing quite a few foreclosures in my area (central Temecula).

And this is with gov’t support, we’ll see what happens when that support starts to disappear.

Overall, I think there are a lot of families under considerable financial pressure. And I also think the demographics of Temecula are changing as well, which may impact the market down the road.