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Here's a looney seller in total denial from my neighborhood. He's all over the place with the price, but still well over the Zestimate of $529k. <a...

25w100k+ referred to certain neighborhoods as "tier 1." I'm guessing in terms of prestige and status based solely on the location.

It seems that much of the marketing for Coto, Ladera, Talega, etc. was based on passing them off as the "new tier 1." I personally couldn't care less, but I guess some people really bought into it.

Ladera Ranch resident here to throw in my 2 cents. Firstly, my girlfriend and I bought a small townhouse new back in '04. We avoided all the subprime/option ARM BS and put 20% down on a 30-year fixed, $340,000 after closing. 4 doors down, the same floorplan has been listed at $305k for about...