Nor- you are right $120 a sq isn’t crazy but this is one of the pricier areas of the valley and six months ago I was getting frustrated that it wouldn’t come down in price. Since I already waited for the prices to get to me rather than drive to the prices, no reason to reverse course now.
Cash, I dig that harveston house, excellent price for 2400+ and nobody behind you it appears, that is another of the price sticky areas that is falling finally. Interesting is a good word.
golf, not sure where you looked but in 1991 Redhawk was all just under 200k until about 1998 and then it started to rise montly, by 1999 things were in the 200’s for the nicest ones and of course location and lot changes things slightly, after that it kept going up until last year and in the last six months has gone into a free fall. I never saw a 3 in the first number of the price of a tract home in this valley from 1990 until about 1999 or 2000. Semi-custom, custom or land would be the exception.
look near the bottom of each link to see the historical prices. I’m starting to think that Bearvine’s prediction of $75 a sq has some legs. So how do we tell if we are in the flat part or the overcorrection part, these knives are looking good enough to catch, with the only exception being that each week I find one that makes the previous week’s pick look overpriced.
