[Normal]

Originally Posted by margaretmattson

250 + homes were reduced in Lake Denham and Dabney. Nearly 100 are still available one year after completion. While those 100 homes are sitting at reduced prices, new builds in Moultrie Creek are starting to pile up. This is nothing like previous years.

Cherry picking has taken place in most new areas, it’s the kissing lanais nobody wants that are cluttering everything. IMHO, the builder has to really enforce his shadowing of properties as a firm policy. Markets change, so may the building out policy if the recession plays out. The premier idea might be too late and played out at the wrong time. Dabney looks stagnant. Remember, the socioeconomic retirement demographic has changed quite a bit because of inflation. It will reflect on retirement options for fixed income retirees. There are less “haves” and more “have nots” in the retirement age group.