Neighborhoods Considering: Carmel Mountain or thereabouts. Possibly even Southern Temecula
Condo/House: House preferred, might consider zero lot
Price Range: $350 – $450k with low property tax rate (maybe $250-$300 in Temecula)
Size Range: 1800-2400 sq ft
Currently (Rent/Own): I’m a 25 year resident of North Park, 10 year resident of Hillcrest, 2 year resident of Temecula. Moved to Austin and bought a new house in 2005 for the appreciation and ability to own. Am watching from a distance and enjoying life but miss my hometown. If the San Diego:Austin (suburb) price ratio gets to about 2:1, I would strongly consider returning.
Shopping the Market? Watching closely for fun. Have considered coming back and renting to be in a better position to buy but am reluctant to sit in a rental for years. Will probably just keep an eye on things and track a few neighborhoods that I know well and get more serious if prices do crash harder in a year or two.
