Your new home is finally purchased — you’ve cleared all the hurdles in securing the mortgage, and now you’re playing the waiting game. The builder has given you a timeline for when you can expect to move in, but what should you do in the meantime?

In a new report, Point2 analyzed exactly how many square feet $400,000 can buy in America’s 100 most populous cities. So how does Phoenix stack up to the rest of the major markets across the U.S.?

Menifee, located about 80 miles southeast of Los Angeles, is the sixth fastest growing city in California, having recorded a 2.7 percent population increase over the past year.

If it fetches $115 million, Mar de Amor will rank among the top ten most expensive homes ever sold in California.