Is anyone surprised at the number of 1 Channel Island and Coral Cove resales compared to say Maravu/Bay Laurel? (I always thought Coral Cove was *somewhat* analogous to Bay Laurel and 1 Channel was *somewhat* analogous to Maravu though I think the Bay Laurel and Maravu lots are much better). I know there are people who bought in Maravu and Bay Laurel circa 2009-2014ish who are sitting on more equity than those who bought new from Shea.

Also raised eyebrows at the Sandalwood (Shea Encinitas) recent listing flood…I think some of those prices are a little ambitious compared to 1 Channel or average-to-Restoration Hardware’d out Lynwood/Cypress Hls houses…though whoever got Hidden Ridge for $1.8ish is probably feeling good.