To follow up on a topic from last week. Every week I see more signs of distress in the newest communities. LC Oaks is starting to see more and more sellers in possible distress situations as toxic loans begin to reach the boiling poin there. As a side note, I know many people living there and they should all be fine but there are lots of folks I dont there who probably arent. Bressi and LC Greens are too new to show signs as toxic loans are still just simmering there. To the contrary, the communities built prior to 2004 are faring very well.
