Quote:
Originally Posted by trichard
We were at the closing department yesterday to refinance. Loan officer says two years ago the villages was closing 650 per month; now its 150.
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That's about 5 houses a day. This time last year the skinny was they were doing 7 houses a day; down nearly 30% from last year.
If build out is 25,000 houses away at 150/mo = 167 months = 14 years, not 4 years as is often mentioned.
At this rate, I wouldn't expect to see Brownwood Square starting up for many years.
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