You still hear people saying that REOs are dragging down values, but you’d have a tough time convincing me that this isn’t retail-priced.

P.S. Only two Carmel Valley SFRs have been foreclosed since June 1st:

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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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