Guys, guys, guys, did you check out the prices? 3,000 sqft homes starting from the low $700,000! 3,600 sqft run you to low $800,000. Yes these are still high, but they are significantly down from just 6 month to a year ago. Remember, a year ago you can’t get a 3,500 sqft home in 4S Ranch for less than $1 million. 6 months ago we just started seeing 3,000 sqft homes fall to the $800,000 line.
These builders are undercutting folks that bought just 6-12 months ago by $200,000! of course there’s traffic!
the flipper that purchased this 3,700sqft gem bought it in June of ’06 for $1.1 million. Yes guys, that’s $1.1 million! If I remember right, Evergreen is selling their largest model, ~3,600 sqft for $850,000.