Ditto Temeculaguy. It is certainly not a bad deal, and if you are happy with it and can afford it, then go be happy.
Personally I share the concern about the bedroom communities, and believe they will continue to be hit even harder than more metro areas. And even though you are personally not as impacted, remember that your neighbors might be. This is one reason I’m looking more at RB/Carmel Mtn Ranch for our re-relo than Temecula (TG, what’s your take on this?).
As much as I enjoy reading the research and making wise decisions (I’m a geek numbers and research guy at heart), I agree that trying to find the best possible deal is probably not a reasonable objective. The very fact that you’ve done your research and are being conservative financially separates you from a good many. There will always be those who get a better deal, especially if they can afford to wait on the perfect situation. But given current rates and your info, it certainly seems like you found a workable deal in your market. Best of luck!
