I don’t think anyone is saying that they’re the same real estate market. We are, however, saying that they’re related. Temecula is a bedroom community for San Diego, south Orange County, Riverside, and to a lesser extent, San Bernardino and Los Angeles. As such, events that happen there reflect and affect what happens in the rest of the So. Cal. market.

It’s just as misguided to say that they’re totally separate and unrelated as it is to say that they’re the same.