[quote=lepetitangel]Hi Flu what do you mean by the inventory looking lousy almost as bad as in 2004?
Do you mean that in 2004 houses were selling fast so there’re barely any good inventory left?

How much more would you pay for something that has a unobstructed canyon view compared to a standard spacious backyard/pool? How do people evaluate how much a “view” is worth?[/quote]

You’re asking the wrong person here about view. Because I laugh at what they call “view” in Carmel Valley. I grew up spoiled, because my parent’s home in so cal, have ocean “view” in the sense that you have end to end home ocean view…Not the “view” that homes define here, which is like you have ocean view if you look out of the upstairs bathroom window and see 3 inches of ocean.

In 2004, it wasn’t peak. But homes were snatched up pretty quickly with multiple counters…But even so, I don’t recall seeing tract homes in this 2600-3000sqft range commanding $400/sqft….or maybe they were but I just didn’t bid on those….