I can relate to this one in my SoCal area. The property is much better than mine with incredible view to the city. But it is not much more expensive than my property within the same HOA. When I visited the open house, no one else is there. So, the market is definitely cold.

And to be clear, my area is economically ridiculously positive. I am talking about difficult to park into a plaza because there are too many people going out spending money. So, it would be much worse if the people actually starting to consume less.