Here’s my theory, there will always be more people who want to buy than houses. However, at the bottom, not everyone can qualify while at the top, everyone can quality. So interest will always be there, but whether they can actually get a loan or not is a different story.
I just noticed that although Evergreen is supposed to be sold out, their plan 2 model is on the MLS now. Asking price is $850-899k. Well above the $790k starting price.