CMB,
To clarify I think the NCC area will get hit harder than it has been of late but not as hard as other areas. I believe everything is connected like Bugs and at some point less desireable areas become cheap enough that buyers cannot disregard a much better buying opportunity. Sooner or later everyone has to step in line to some extent and NCC will just take a bit longer due to the relative financial strength of current owners as well as the future steady influx of well off transferees that would like to live here.
I know LC Oaks well and actually considered moving there. There were only 4 lots in the entire project that I would consider and even though I was in single digits on the waiting list, friends and family types of the builder were able to snag the super primo lots that I would have moved for kinda like Liberty Station. As it is, I’m very happy where I am and think they probably did me a favor.
LC Town Square when its built will be fabulous and I actually have an indirect connection to the developer so I know a fair bit about what is coming. In general I think it will bring up the profile of the surrounding areas in addition to LC Oaks. It can only help property values in the area though I suspect there will be lots of NIMBY oppposition from LC Oaks folks.
After all is said and done, I loved the houses in LCO’s but didnt feel like it would ever establish itself as a strong community which I value. I also spent alot of time driving around there and the soil conditions are awful. Boulders the size of a VW bug abound under the grading, expansive soil and more. I drove down one street there and it looked like every driveway had to be re-poured 6 months after they were put in. Also, i’m just not one to get caught up in the bigger/better crowd. I’d rather spend more time with the kids, vacation more and enjoy what time I have left on this planet!