Just like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.