OC, I think 110K spread is too much to negotiate down to 550K. I was in negotiation with Pardee last April on the Arabella subdivision in Carmel Valley and we were only off by 10K, still, Pardee didn’t give in. Pardee finally sold the same property two months later for the same price. I guess I am lucky since then price has dropped a little more. Still waiting for it go down further before jumping in…..
