Nice to hear from you again. That IS a lovely home and it looks like it’s in a good location.
I think you’ll be in good shape by 2010. I’ll be curious to see how much more places like this fall.
The OP who lumped Vegas or Phoenix in with Temecula is waaaaaay off base. I think Temecula is much, much nicer.
It sounds like you’re looking for a nice area for your family, James, and Temecula has a lot to offer. I’ve got a friend who is involved in both Rotary Club and the Arts Council and she tells me that her fellow Rotarians are fantastic and uber-committed to this city and its success, and the city is very committed to developing the arts scene here (hopefully they’ll be committed to building the hospital, too – the nearest one is in Murrieta).
And there are loads of festivals and events like this. We went to the Balloon and Wine Festival last weekend and it was wonderful.
Still….my husband and I are worried about the effect that falling prices will have on the area, but we’re forging ahead. We hope to stay here for the next 7-10 years and are hoping that we’ll be OK.
We are fully aware that we’ve probably paid $30-40K more for our house than we should have, but decided that rent would cost another $30K. I will admit that much of our decision is based on emotion. The house we’re buying was listed at $679K in January 2007, and we are getting it for about $402K. It’s on a 24,000 sf lot, with peekaboo views of wine country and a very nice floor plan – it doesnt look like the typical tract home. Our new neighbors also seem to be extremely nice.
OK. I’ll stop rambling now. James, have a good weekend. As you get more serious about your home explorations, I will be happy to help you to any extent I can since I’m already “on the ground” here. If you’d like me to take more detailed photos and send, etc. just let me know. I’ll give you my email address.