The REO hits just keep on coming in Rancho Santa Fe.

We saw Lago Lindo list for $1,879,000 and receive eight offers, with bids over $2 million. These days the buyers roam from REO to REO, in search of the right deal, with only glimmers of hope that a regular seller will be reasonable on price.

Will this new REO listing get swept up in the frenzy?

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