Developers in 4S Ranch seem to be dropping their prices pretty rapidly.
Fieldstone just started selling Pienza which appear to be the exact same homes as SilverCrest which just finished selling this summer (barely). They’re priced $100,000 less.
John Laing dropped the prices of their Silhouettes between $40 and $60K depending on the model since they first opened in April or so. They built the first nine and these two have been sitting around ever since the opening.
They’ve pretty much completely stopped building any more of those while they try to finish Rosemary Lane. These five have been reduced and been around a while. Better hurry, some close last month!
Brand new developments from K. Hovnanian (Evergreen), William Lyon (Maybeck), and Buie Communities (Chanteclair) all offer more square footage and lower prices than what was available last year and early 2006.
Most all of them are likely offering some incentives as well, but the trend seems to be actually lowering the prices.
