It’s funny, I was going to start a thread very similar to this myself today. When I started following 4S you almost never saw a property over 3000 sf under about $850K, and ususally they were over 1 million. Now I think there are over a dozen of them. I really like this one:
I realize this is in fact $850k, but it’s quite a bit larger than 3000 sf. The Mello Roos are a bit of a bitch, but even so, if I had orders to San Diego right now I might seriously consider pulling the trigger on this one. Ok, maybe after a lowball offer of $750 or so, but I would give this place a very thorough look through.
Those folks 6-8 months ago who claimed 4S would never fall are looking kind of foolish right now. Havn’t seen many on the forum lately though.