Waters End can be seen as a boom or a bust depending on what side of the fence you stand. Waters End Benicia is a popular neighborhood to live in.  Shea and Centex Home Builders started this neighborhood in the early 2000's.

Most of the homes are two stories ranging in size from 3200 sq ft to over 4000 sq ft.  The single story homes never stay on the market long when they come for sale.

What have hurt this lovely neighborhood are homeowners who bought at the height of the market.  They paid upwards to a $1,000,000.  And now these homes are selling from the high $400's to high $500s (if they are lucky). For those homeowners who put hundreds of thousands of dollars down ( very few did this), majority of them are under water.  It is hard to see the future and when prices will rise to what they paid for their home.  This is the "bust" side.

The "boom" side is there is an opportunity for many buyers who have the credit to buy a gorgeous home in a choice neighborhood with fantastic schools and buy with some of the lowest mortgage rates ever.  

IF you are a homeowner and need to sell, a short sale may be the only way out for your future.  It is important you contact a Realtor who is experienced with short sales, knows your neighborhood and  will provide resources so you can make the best decision for you.  

If you are a buyer, keep your eyes wide open as homes in Waters End go quickly into contract.  Make your self available to view homes as they come on the market.  IF not you can lose out!