That's the Village. In my opinion, they have been overbuilding for the area. They are building these massive family homes when that really hasn't been the demographic for the Village. There has been a lot of sitting inventory if you look back the past year and a half.
My business partner and I...
The Chinese buyer pool has dried up. Their money is tough to get out of China now. We saw the same thing in Newport Coast/ Crystal Cove. They were buying up properties left and right to park their money here in the states and didn't mind overpaying.
We believe the market has seen a bit of...