Foreclosures aren’t even the tip of the iceberg. Look for developments with a lot of, or even a few unbuilt lots. The developer will give up (or wanting to not shaft his old customers) and sell to another builder. Example. Shea built 50 houses in a 200 house development at ~100 a sqft and sold the rest to beazer a few years later. Then beazer put up $50 a sqft new houses right in the middle of them. Heck if we dont see a quid pro quo. You screw my old FB’s and I’ll screw yours between builders. That is when the fun begins. There is like a few dozen in charlotte that have had this happen, and a few dozen more I am thinking it will happen.
Cool.
Cow_tipping.
