I can only supply anecdotes. I am not a demographics guy nor am I involved in RE – strictly layman type here. But I have lived in Temecula for five and a half years and in Anaheim Hills for nine years prior to moving here. Some of my experiences:
January 08, My daughter was hit by a hit and run driver at Margarita and Yukon while she was driving south on Margarita, near the KFC intersection. A early 1990’s Black Jeep Cherokee hit her and then took off and disappeared. It cost me $500 deductible and $500 in car rental. She wasn’t hurt but now appreciates all my warnings about people. The police officer who took the report said we were the third hit and run accident that day.
Last year my son was sued for a rear end collision by a woman in Temecula who falsely claimed back and neck injuries when he accidentally tapped her rear bumper at a stop light. Upon review of the case, the insurance pictures, reports and all our evidence the judge denied her claim. She was basically looking to get money out of us. She even offered to “settle” with us before the court date.
From what I read the median income is about $75,000 here in Temecula. Using the 3x’s rule of qualifying for mortgages that means that the median home price should be at or around $225,000. Assume $100/sq.ft. and that means a 2250 sq.ft. house should sell for around $225K.
Also, I don’t know if it’s just Temecula or if there is just more acceptance among teenagers these days but I’ve met more homosexual teenagers – at least they claim – through my daughter’s friends then I ever did when I was her age some 30+ years ago when I was in high school. Just an observation.
(Just for the record – We live next door to a man who is homosexual and we’ve never had any problems with him. Of course we almost never see him anyway – he nevers goes to any of the neighbor parties and is almost never home.)
