Exact same model in La Costa Valley (3590 sq feet) sold for $1,028,000 last summer and just closed for $1,089,500 about a month ago. No lender fraud, etc. And the lower priced home had nicer upgrades and a much bigger back yard.
Those are facts. Buyers are much more optimistic right now despite all the dooom and gloom of the bloggers. Maybe the stock market rally has something to do with it.
