I don’t know anythng about that community, but judging by the MLS activity and tax records it looks like there was a huge amount of speculators buying there. Looks like it’s quite a melting pot as well. A quick check of the tax records revealed about 10 different countries being represented and several short sales already including on after only 6 months. That person probably didn’t ever make a payment and had no intention of doing so. Crazy.