“They are going to be building more phases, and extending it across the street.”
There’s an excellent chance that there will be more price cuts in the future phases. Why ?
In less desirable areas like Escondido, it’s almost a given that the builders will have to keep cutting prices to sell. Look at what’s going on in Temecula.
It’s true that Escondido is closer to San Diego. But Escondido is similar to Temecula in one area: long commute with traffic (less severe but still a problem).