[quote=ocrenter]Lennar’s The Lakes “Above” RSF are under significant pressure to drop prices.
05/29/2009 8647 Herrington Way 4/4 3,400 $899,000 $835,000 -7.12%
05/29/2009 8652 Herrington Way 4/4 3,437 $899,000 $850,000 -5.45%
05/28/2009 8706 Herrington Way 4/5 n/a $995,000 $945,000
three of them just closed, the reductions aren’t that impressive just yet, but by this winter as the near million and over million market continue to die, Lennar will continue to slash prices and agree to look at some low balls.
These, unfortunately just like most of Crosby and Santaluz, have rediculous mello roos + HOA fees and things will get a lot worse for them.
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I’ve been there a couple of times and they are really having a hard time selling. The prices for the homes are okay, but the fees are way to high!
