Reader ‘aljanet’ pointed out that Phil’s house is directly behind yesterday’s Covenant REO. 

He is faced with the same predicament as others in the Ranch – squishdown!  They started back in June, 2007, when they listed on the range $13,250,000 to $15,000,876.

Now it’s down to $7,199,000:

http://www.sdlookup.com/MLS-100000961-5111_El_Mirlo_Rancho_Santa_Fe_CA_92067

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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