I did a little research and I guess DH Horton was the builder of La Boheme, which was auctioned by REDC, the same people auctioning The Heights in CV.
The numbers that I saw, people were picking up property for 25% less than the orig. sales price. Maybe one can pick up something in The Heights for 25% less. Of course La Boheme auction was near the end of 2007 and I think the market has slowed a little more since then, although they are trying to jump start it w/lowering interest rates
