This Carmel Valley house with minimal upgrades (refaced kitchen cabinets) but nice exterior was listed on May 31st just as the frenzy was peaking. It listed on the range $999,000 – $1,099,000, and the buyers snapped it up during the first six days on market (and paid cash):
http://www.sdlookup.com/MLS-130028112-12608_Prego_Ct_San_Diego_CA_92130
Jim
It looks like rates are headed further north. Are you seeing any effects on the buyers you encounter daily?