Newly...some minor cracks showing here in central coast Ca home prices but people are still trying to get $450,000 for a 600 sq. ft. delapidated matchbox "home" with five feet of concrete poured around it in a questionable neighborhood, and often getting it. Median home prices around these parts is now $625,000. There still seems to be lots of cash around and I as well as the realtors I talk to are wondering where it is comming from. Do you happen to remember how long it took for the 30-35% drop in your area to take place? From top to bottom that is.
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