it isn’t just the builders, the floppers are flopping away as well.
17259 4S RANCH PARKWAY, SD – Rancho Bernardo, CA 92127
–3,525 sqft
–purchased for $765,000 back in June of ’07 (per zillow)
–asking for $706,845
looks like this one is right next door.
this guy thought he had a screaming deal (well, much better mello roos payment on this one), but that doesn’t seem to be the case any more. the neighbor next door is scheduled to be auctioned off this month, will be interesting.