yeah, John Liang Homes really overshoot and they are paying for their arrogance on Silhouettes.
So they started selling a year ago, yet they are just starting phase III. They still have two homes in phase II that came back. I think all together you are looking at 15-17 homes sold in the past year!
Some of the builders that came in later, Such as K.Hovnanian with Evergreen, really got agressive with their pricing and probably sold more homes despite coming on line late last year.
If you look across the street to Garden walk, a cluster of pseudo-SFR/detached condos at 1900-2300 sqft, some of the folks there actually bought in the high $600,000’s/low $700,000’s. And now 3,000 sqft new true SFR homes across the street is going for the same price.