[quote=sdrealtor]Pardee has owned Carmel Valley and the other side of that canyon in SOrrento Mesa for a long time. I just drove by the area today showing a house in MM to a client. When I saw that location all I could think was Qualcomm/Telecom engineers wanting to buy new houses close to work. Those houses and condos are going to fly off the shelves.[/quote]
Even at the starting price of mid 600k for a 2100 sq-ft house on a sub 5k sq-ft lot? Do people really pay that much more for new?
