Where did all those million dollar homes go? (I ask in jest). Last year if you looked up in Amberhill or Crown Ranch areas of Corona nearly everything was a million dollars or more. There were a few listed for under a million but not many. Now it's quite the opposite (as it should be). In the Amberhill/Crown area there is only ONE home listed for over a million. It's a short sale and probably has no hope, especially since the listing has zero pictures of the home.
The other 10 listings in that area are all between $700k and $900k. Still way too high in my opinion. Those homes should all be $600k max and the majority of them should be no higher than $500k. At that price they would still be twice the price what the average Corona tract home will probably be selling for in a couple of years.
It must really tear up those homeowners that thought they were living the "champagne wishes and caviar dreams" lifestyle.....in Corona...
