[quote=AN][quote=sdrealtor]Pardee has owned Carmel Valley and the other side of that canyon in SOrrento Mesa for a long time. I just drove by the area today showing a house in MM to a client. When I saw that location all I could think was Qualcomm/Telecom engineers wanting to buy new houses close to work. Those houses and condos are going to fly off the shelves.[/quote]
Even at the starting price of mid 600k for a 2100 sq-ft house on a sub 5k sq-ft lot? Do people really pay that much more for new?[/quote]
Yes AN… If in doubt, checkout the ATTACHED pardee homes “Highlands Village” at the end of Carmel Country Highland area in CV. Some of these larger townhomes are in the $600k and are being sold, probably to techie folks that want their kids to be able to go to Ocean Air or Sage Canyon. So relatively speaking, I think these SFH will do just fine. Pardee’s got this market dialed in pretty well.