But on a local level, what is happening in Moraga Place?
The amount of activity in the community has remained pretty constant with the only change is that there currently is 1 home available for sale vs. none for the same time period last year. Everything else is the same, no current escrows either year, no closed escrows and nothing available for lease or leased for that matter. Is the construction on the 405 and the surrounding streets an issue? It definitely is a pain in the neck, but at the end of the day, I don’t think so; the impact if at all is more likely the overall effect of the construction and its attendant traffic in the entire area., I do see people picking their time to come see property in the area more carefully and avoiding rush hour traffic.