Back in March in the Centex community of Silvercrest in San Marcos Centex was trying to sell the remaining 4-5 homes. The basically had a fire sale to get rid of the last couple, and most sold for significantly less than originallly listed. O ya, they had a realtor sell the houses for them! Not sure if that is a tactic they use when the market sours?
In that same community now there are 12+ homes for sale on just two streets, none in escrow and almost all reduced. Models that were selling for 725k last year are now listed at 675k.
