Three months later the Carlsbad modular project is looking a bit desolate, an example of the shadow inventory’s impact on a local CV market – plus some goofy drivers!

P.S. How’s the foreclosure market in Carmel Valley in May? Only two houses foreclosed so far this month, Blue Dawn (which is in PHR and really a detached condo) and the Collins Ranch house seen here a few months ago that backs to Carmel Valley Rd.

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