Like to see those prices on real estate in Monterey finally go down to somewhat sustainable $300+ now that is something to cheer about. Monterey has always been way over priced for what one gets I mean a small 3 bed 2 bath hardly no yard no garage in the middle of fog most of the time for (use to be) $700K what the —-! and no jobs….decent ones that pay for this type of house…where do they think one is going to get this money…oh thats right the old timers of this area only want movie stars and such well get real they go where its WARM! remember in the 80s you could actually get a decent home that looked nice and maybe even with a view of some type for less than $200K….So now it is great to see them back almost where they should be. Some of the owners of these over prices B— S— houses bought them almost at the turn of the 1900 for a few bucks and never pay any taxes yet they have the gall to charge way too much without fixing them up!!! I remember renting a house on spagheti hill in the mid 80s that did not even have a stove and I paid $1600 per month!!! and now that house hopefully has gone down by $500K because the same owners own it and they are still charging way tooooooooooooooo much for this piece of crap house. People want better and want to be treated better so this is good!!! It will go down a lot more and who knows if it does I may just invest in this place that I left for much better land at a fairer price and actual good paying jobs!!!