No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.