I live right by the other DR Horton developement (Atlas). It looks to be just about complete. I have a feeling the fate of Atlas will be the same as La Boheme. I saw someone trying to pawn their pre-construction unit off on craigslist last month so they could get their deposit back.
On a side note. I rent in a new condo developement. My landlord was an investor and he owns 3 units of the 12 with a contigency that he will not sell for 5 years. We moved in back in November when it was first completed. Since then they have sold the 2 smaller units and thats it.
Today there were workers installing blinds and carpet in all of the units. I guess they decided to turn them into rentals according the the workers. I can’t imagine how it feels for the 2 buyers who pay double what eveybody else does to live in the same place. I actually feel uncomfortable when I am in the elevator with them.
