No, I don’t own in one of these communities and don’t work for Pardee. I just find it interesting that these new developments continue to be strong in the wake of most other parts of San Diego.
All four of the Saratoga houses are now in pending status. It will be interesting to see the closing prices but they weren’t on the market all that long to expect a huge difference from the list price.
Pardees prices on Derby Hill haven’t gone down and they continue to sell out new releases in a matter of days as recently as 2/23. Any thoughts on why these are staying so strong?