mydogsarelazy ya most around Temecula/Murrieta are ~2004 prices already. I told my wife we are on track when we see a regular small 3 Bedroom nothing special average lot size listed for $299,999 in The CITY of Temecula by the winter. One guy just dropped 2 days ago to $330,000 so I am right on target 🙂 (he paid $143 and can dump more than most I assume)
I like that area as I have some friends that live in Murrieta and French Valley. I really like Temecula cause of the schools and my wife is a teacher. We plan on moving there once this market does whatever it’s going to do (which I tell regular people) but I mean once the market takes a dive there. That place should not climb up the same percentage as La Jolla, LA, or Del Mar. It’s a commuter’s mess in the desert (but gold in my weird view). With wife teaching there and my Territory is San Diego, Orange County, and Riverside. It’s perfectly located and I will put 50% down on a home when we buy. 40%-50% depending on how far it comes down. Maybe we hook up sometime.. I don’t know to many people down there 🙂
PS.. and it’s 5 degrees cooler there than crappy Inland Empire.
Edit: I would stay also and just pay it off in 15 years like you are doing rather than watch this market consistantly and put so much on hold like I am doing 🙁