waiting for bottom getting into 4S for a 2500 sf home 4+ beds is going to be tough for 600k. Don’t be discouraged from trying though, just be persistent. Are you thinking resale or new? Any particular development that you are considering? For instance looking at the MLS there is a 3/2.5 on Prairie Springs listed for 658k as a short sale but they have an accepted offer. From there the prices step up to 700’s. So to be honest I think you are about a year (at least) early on your strategy. Don’t get me wrong, you should try it, and I have a few buyers that are doing just that. However they do know the reality that right now it is still to early.
I would agree with the statement that FLU made that some of the places in RP will get you more for your money. Once concern you may have though is I heard Westview High is impacted. (Manmom you out there to comment?) I “heard” that kids are being sent back to Mt Carmel but you have a better pulse on that then I do.
Anyways waiting, keep us informed as to how it goes. I will update the distressed sale monitor for carmel valley and 4S tonite.
