Here is a concrete, apples to apples, example: A house on Seahorse Ct. in 92011, about 1770 sf, sold a couple of years ago in the $720’s. It sold again a few months ago for $650k. Thus, assuming $30k in commissions/closing costs on the recent sale, that is a $100k bath in the last two years. It just goes to show that the bloodbath is not just in San Elijo and 4s, but is close to the coast too…
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