Seems like listings for decent sized homes are getting down into the mid $500s in San Elijo Hills. 4S appears to be doing a little better, although I don’t know why. Perhaps better schools? Anyway, I bet some owners in SEH are biting their nails these days.
you *have* to know that there’s a bubble going on when homes out in the boonies, tract homes at that, homes that stick you in 1+ hour rush hour traffic are selling for that much.
or maybe too many angelenos moved south and bought thinking that that was normal.
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