We have friends looking in that area also, and I’d also be interested to know exactly where that development is located, and if the realtors on the forum feel prices will come down in that area.
We live in RSF, and I use Camino Del Sur off and on, and notice “for sale” signs quite often. I hope the Santa Monica development is not in the same area as “The Monet Collection.” That development is literally in a “ditch,” with dead brush (read fire hazard) surrounding the homes. Can’t imagine anyone paying over $500K for those homes. Another concern in that area is the power lines. Guess I’m just not a fan of the locations near that high school.
Will be interesting to hear the realtors feedback on this.