I will be honest and say that I’m not an expert in Temecula, but 50% from peak seems like a significant drop. Haven’t seen that in desireable areas of San Diego. I just can’t imagine that Temecula would lose very much more. It’s possible, but from what I understood, Temecula hit bottom. Will prices go up in Temecula? Without knowing the area well, I would think it would just bounce along the bottom for a while.
scaredy – hang in there. Take up gardening in your new house. That’ll give you some peace of mind. Grow some organic veggies you can eat. It’ll work out.
