I’m not an expert either but Temecula has got to be pretty close to bottom. I have a property undergoing short sale approval right now. Its about 200K for a nice 3/2 2 car 1300 sq ft 1 story with a nice pool/spa in a good low fee area of Temecula. Even if you assumed that you financed 100% (I know you cant but use this as an example) the monthly PITI would be $1300 which is at least on par with rental costs. Throw in a tax benefit, fixed housing costs for life and a downpayment lowering the mortgage amount and “It’s a great time to buy in Temecula”