[BJungNan]

The house below just sold in three days at the listing price of $749,000. It is located in Orange County, California. It has 2556 square feet and a decent view. The lot width is only 45 feet though. The back yard is about 30 feet deep

There are plenty of stupid buyers.

[SoCal Pubbie]

This stupid buyer bought a 1350 sq ft house in Mission Viejo in 1987 for $145,000. It would now sell for about $400,000. I've seen prices fall before, and they probably will again. And just like before they will go even higher when they come back. In case you didn't know, they aren't making any more land out here and people keep flocking to the state, despite what the Kali haters here say.