When examining the pricing maze, you can also see a couple of bad comps throw a seller or buyer for a loop if they’re not aware of the background. 

In a family-friendly, beach-close area like Terramar, where there has always been very low turnover, the last two sales on Los Robles could under-state today’s value, and the relatively under-satisfied demand around the beach (for cheaper homes) could surprise the next sale.

There’s also a follow-up to the Black Swan open house at the end of this video:

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