A FSBO just came up in Saratoga. It’s a 3 bedroom Plan 3 (the largest) for $1.175. It’s on a 10,000 sq ft lot but it does back up to Carmel Mountain. It would be a nice comp for the neighborhood if it sells for that.

I think Saratoga and Derby Hill have a big edge over Belmont and Lexington because of their newness. I’ve seen a lot of open houses in Belmont and Lexington and most of them looked tired already – even a few years makes a house dated compared to the new. I think newer sells for a higher premium than most people realize.

Derby Hill continues to sell and sell. There are only three houses available right now with 7/08 completion dates. The Plan 3 I was considering last week sold before I could make up my mind.

Anybody know if the house on Harvest Run closed and what price it closed for?