Quote:
Originally Posted by vintageogauge
I doubt that the developer is as worried as you seem to be, they know what they're doing and they're doing it well. If they can afford to buy a 3400 former ranch and develop millions of square feet of industrial space they aren't going to worry about how many homes or lots they have available. To them it's all on paper and they know that it will soon turn into cash.
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Funny how some people care more about the developer than themselves. A large inventory of homes that have reduced prices hurts the HOMEOWNERS. In this market, one should be careful. I lose no sleep over what the DEVELOPER OWNS. I take notice of what is being done and how it will affect my pocketbook. Always a good idea to remain informed.