[quote=PKMAN][quote=flu]Well, I have a prediction…If prices fall another 15% in this area, I’m pretty confident all the Santee diehards will suddenly vanish from this board…[/quote]
Skyranch is just one of many housing communities in Santee and it’s rather unique, due to its location. So its pricing trend does not reflect the entire Santee.
Recently several homes in Riverwalk were sold at roughly the same price that I bought it at. So I’m happy and am not concerned that price will fall 15%.
While some cities in the county had to cancel 4th of July firework due to budget, we enjoyed a spectacular show in our own back yard, less than 1/2 mile from the launch site.
Santee’s no La Jolla but I’m no rich folks either, so Santee’s just fine by me.[/quote]
Riverwalk’s homes are reasonably priced compared to the Eaglepointe homes which at the peak were almost $1 million homes for the larger models. Whether the prices will drop or not will mainly depend on the overall economy and job market. There will always be a demand for good homes in the East County, but probably in the lower price range.