golf, I checked the link and even threw up the second post, I’ll reiterate my frustration from a year ago, those $100 a square ft houses aren’t in what I and many locals consider Temecula, they are many miles away, not one is in either Tem or Mur’s school district. I’m not talking about the wrong neighborhood but what would be in San Diego, four cities away. To put it in perspective, I just ran the mapquest from my South Temecula house to this one in what is being listed as Murrieta, 18.3 miles (listed as a 24 minute drive) The rest on that link are farther. Santee to La jolla 20.2 miles, Escondido to carlsbad 18.9 miles, these are not the same markets, they affect each other but they are not the same and it takes a while for it ripple over because they aren’t really in competition for the same buyers so it takes a few sales in between to take affect.
Seriously, if I found $100 a square in what is really my Temecula, this post might be my last and I would switch teams, write a check and sell my screen name on ebay but it’s just not reality, i wish it was. It is however a sneek preview of six months from now and a nice indicator that pain train 2.0 is on the way. I’m not knocking the research, I love it, but even us bears have to acknowledge that location is an element of real estate. I am not an R/E snob, hell I live in temecula where 90% of the posters wouldn’t live for free, but even I won’t live where these examples are, hence the low prices.