La Costa Valley – Breakthrough?
by waiting for bottom on June 12, 2008 – 8:48am

[quote=waiting for bottom]2282 Paseo Saucedal – $699k!! Listed (again) yesterday. These models were going for $899K back in 2005.

2283 Paeso Saucedal is at $799K (Same model), as is Corte Limon – a larger house on a culdesac.

2282 is not the best house in the world but for me this seems like a breakthrough.

SEH one year ago was in this situation: inventory building, sales slowing…a below-average house drops price and sells, then comps adjust and next thing you know $150K is shed pretty fast.