Wikinvest Wire

Jim the Realtor talks about high-end housing

Tuesday, August 04, 2009

Spotted over at Calculated Risk, Jim the Realtor tours tony Encinitas Ranch north of San Diego examining how quickly high-end home prices are falling.

It's funny to hear him say, "So, that one dropped into the 'eights'", as in $800,000 which, apparently, now buys something that used to sell for well over a million.


Anonymous said...

No cookies here :( Yeah, what a place ..

Cookie Monster

Anthony J. Alfidi said...

Eight hundred grand for a plain old two-story? Wow, even now people aren't realistic about list prices. BTW, in San Francisco "high-end housing" starts at twice that price. Take that, San Diego! :-)

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