I am not sure about the job base down there but I can DEFINITELY tell you that Otay Ranch resales are getting hammered. As I posted just the other day only 3 count them 3 closed escrows since 11/1/06. Looks like we will have more though as there are several pendings.
Also doing a search on the MLS for short, bank, or foreclose and I think you will see that 91914 is amongst the leaders of hits on this type of search..