[quote=CalWest]We did build the Serramar project and over time those values will come back. The views at Serrmar are amazing and people love the central location.[/quote]
While I agree that the layouts, views and location are nice, it’s going to be a decade before those homes are worth what they sold for in 2005. Some sold for over $1MM, now listed in the $500k’s. They’re really where they should be right now, imo.