nice price drop down in Silhouette @ 4S ranch (~$10K/month since Dec. 2007)

[roughtrader]

I prequalified with Silhouette 3 weeks ago when their prices were still higher.
I called today to confirm the price drops and $15k incentives.

I first inquired about the price drops, and the lady responded with the numbers posted by the OP. However, she didn’t volunteer the information about the $15k incentives. I had to pry it out of her.

I also tried to confirm where I am sitting in the queue of their so-called “priority list” for the upcoming phases, but she said that she could not give me that information. I mentioned that her co-associate had mentioned I was number 25 on the list, but she refused to confirm it or deny it, saying that she wasn’t allowed to give me that information.

I’m pretty sure what’s going on is they know they are going to have to do at least one if not more cuts on their prices by the time they get to the build-out phases and then sell off the model homes. They are very reluctant (and nervous) to provide enough information so that the rate of price discovery in the new 4S builds becomes transparent to the public.

I have a feeling that the people who bought the earlier phases around Silver Pine road are going to be extremely pissed once the numbers start to really get down. I’m speculating, but I think we’ll see Plan A (Explorer) in the 500’s by winter. Interestingly, the best lots IMO are the lots in phase 7 and 8, and those will be going for cheapest I think.

roughtrader

[4spotentialbuyer]

Our Piggington’s realtors and other 4S potential buyers, do you think this is a good price now given that the Phase 1 sales release had prices in the mid 800s? Or do people really think the price will go down further this year?

There were 6 homes available, one each of each phase. 3/6 had reservations by Saturday morning. By Saturday morning, there was only 1 each of Plan 1,2, or 3. The sales agent stated they did not know if the price would be maintained in the next phase and thought this we rock bottom pricing as they really want to move these homes. They said they had no way of knowing what the price will be at the next phase and that it may go up.

Per the sales agent, the business plan is the finish buiding phases 5-6 by December (total 20 homes this year).

Phase 7 and 8 had some large lots however phase 7 is a bit too close to the school. These will not be released until next year.

It is very tempting to jump in now as we have been waiting for the price drop. As of this week Pienza will not match Silhouette’s or Maybeck’s prices….we already inquired.

We might have to just take our chances and take the plunge as there are not many lots left which we like….

[4spotentialbuyer]

Our Piggington’s realtors and other 4S potential buyers, do you think this is a good price now given that the Phase 1 sales release had prices in the mid 800s? Or do people really think the price will go down further this year?

There were 6 homes available, one each of each phase. 3/6 had reservations by Saturday morning. By Saturday morning, there was only 1 each of Plan 1,2, or 3. The sales agent stated they did not know if the price would be maintained in the next phase and thought this we rock bottom pricing as they really want to move these homes. They said they had no way of knowing what the price will be at the next phase and that it may go up.

Per the sales agent, the business plan is the finish buiding phases 5-6 by December (total 20 homes this year).

Phase 7 and 8 had some large lots however phase 7 is a bit too close to the school. These will not be released until next year.

It is very tempting to jump in now as we have been waiting for the price drop. As of this week Pienza will not match Silhouette’s or Maybeck’s prices….we already inquired.

We might have to just take our chances and take the plunge as there are not many lots left which we like….

[4spotentialbuyer]

Our Piggington’s realtors and other 4S potential buyers, do you think this is a good price now given that the Phase 1 sales release had prices in the mid 800s? Or do people really think the price will go down further this year?

There were 6 homes available, one each of each phase. 3/6 had reservations by Saturday morning. By Saturday morning, there was only 1 each of Plan 1,2, or 3. The sales agent stated they did not know if the price would be maintained in the next phase and thought this we rock bottom pricing as they really want to move these homes. They said they had no way of knowing what the price will be at the next phase and that it may go up.

Per the sales agent, the business plan is the finish buiding phases 5-6 by December (total 20 homes this year).

Phase 7 and 8 had some large lots however phase 7 is a bit too close to the school. These will not be released until next year.

It is very tempting to jump in now as we have been waiting for the price drop. As of this week Pienza will not match Silhouette’s or Maybeck’s prices….we already inquired.

We might have to just take our chances and take the plunge as there are not many lots left which we like….

[4spotentialbuyer]

Our Piggington’s realtors and other 4S potential buyers, do you think this is a good price now given that the Phase 1 sales release had prices in the mid 800s? Or do people really think the price will go down further this year?

There were 6 homes available, one each of each phase. 3/6 had reservations by Saturday morning. By Saturday morning, there was only 1 each of Plan 1,2, or 3. The sales agent stated they did not know if the price would be maintained in the next phase and thought this we rock bottom pricing as they really want to move these homes. They said they had no way of knowing what the price will be at the next phase and that it may go up.

Per the sales agent, the business plan is the finish buiding phases 5-6 by December (total 20 homes this year).

Phase 7 and 8 had some large lots however phase 7 is a bit too close to the school. These will not be released until next year.

It is very tempting to jump in now as we have been waiting for the price drop. As of this week Pienza will not match Silhouette’s or Maybeck’s prices….we already inquired.

We might have to just take our chances and take the plunge as there are not many lots left which we like….

[4spotentialbuyer]

Our Piggington’s realtors and other 4S potential buyers, do you think this is a good price now given that the Phase 1 sales release had prices in the mid 800s? Or do people really think the price will go down further this year?

There were 6 homes available, one each of each phase. 3/6 had reservations by Saturday morning. By Saturday morning, there was only 1 each of Plan 1,2, or 3. The sales agent stated they did not know if the price would be maintained in the next phase and thought this we rock bottom pricing as they really want to move these homes. They said they had no way of knowing what the price will be at the next phase and that it may go up.

Per the sales agent, the business plan is the finish buiding phases 5-6 by December (total 20 homes this year).

Phase 7 and 8 had some large lots however phase 7 is a bit too close to the school. These will not be released until next year.

It is very tempting to jump in now as we have been waiting for the price drop. As of this week Pienza will not match Silhouette’s or Maybeck’s prices….we already inquired.

We might have to just take our chances and take the plunge as there are not many lots left which we like….

[roughtrader]

4spotentialbuyer, let’s ask this question:

Given the rather minor variation between the lots in phases 5 and 6 (or with 7 and 8 for that matter), why would the builder lower the prices only to raise them later? Does that make sense? They want to lower the price to move inventory. Once they clear out the phase 5 homes, phases 6-8 are still waiting for them. To me, it doesn’t make sense to move the price up again, because that will simply continue to stall the liquidation of the remaining inventory.

My thinking is that they need to unload in a progressive, scheduled manner. They are carrying the costs of holding each unbuilt lot, and the longer they wait it appears the more money they lose. There is nothing special about phase 6 compared to 5 (although each lot appears even MORE cramped), so a higher price on phase 6 will disrupt their ideal release schedule and cost them more dime.

I think they’re going to continue to cut, and at the least, hold where they are.

Opinions?

roughtrader

[roughtrader]

4spotentialbuyer, let’s ask this question:

Given the rather minor variation between the lots in phases 5 and 6 (or with 7 and 8 for that matter), why would the builder lower the prices only to raise them later? Does that make sense? They want to lower the price to move inventory. Once they clear out the phase 5 homes, phases 6-8 are still waiting for them. To me, it doesn’t make sense to move the price up again, because that will simply continue to stall the liquidation of the remaining inventory.

My thinking is that they need to unload in a progressive, scheduled manner. They are carrying the costs of holding each unbuilt lot, and the longer they wait it appears the more money they lose. There is nothing special about phase 6 compared to 5 (although each lot appears even MORE cramped), so a higher price on phase 6 will disrupt their ideal release schedule and cost them more dime.

I think they’re going to continue to cut, and at the least, hold where they are.

Opinions?

roughtrader

[roughtrader]

4spotentialbuyer, let’s ask this question:

Given the rather minor variation between the lots in phases 5 and 6 (or with 7 and 8 for that matter), why would the builder lower the prices only to raise them later? Does that make sense? They want to lower the price to move inventory. Once they clear out the phase 5 homes, phases 6-8 are still waiting for them. To me, it doesn’t make sense to move the price up again, because that will simply continue to stall the liquidation of the remaining inventory.

My thinking is that they need to unload in a progressive, scheduled manner. They are carrying the costs of holding each unbuilt lot, and the longer they wait it appears the more money they lose. There is nothing special about phase 6 compared to 5 (although each lot appears even MORE cramped), so a higher price on phase 6 will disrupt their ideal release schedule and cost them more dime.

I think they’re going to continue to cut, and at the least, hold where they are.

Opinions?

roughtrader

[roughtrader]

4spotentialbuyer, let’s ask this question:

Given the rather minor variation between the lots in phases 5 and 6 (or with 7 and 8 for that matter), why would the builder lower the prices only to raise them later? Does that make sense? They want to lower the price to move inventory. Once they clear out the phase 5 homes, phases 6-8 are still waiting for them. To me, it doesn’t make sense to move the price up again, because that will simply continue to stall the liquidation of the remaining inventory.

My thinking is that they need to unload in a progressive, scheduled manner. They are carrying the costs of holding each unbuilt lot, and the longer they wait it appears the more money they lose. There is nothing special about phase 6 compared to 5 (although each lot appears even MORE cramped), so a higher price on phase 6 will disrupt their ideal release schedule and cost them more dime.

I think they’re going to continue to cut, and at the least, hold where they are.

Opinions?

roughtrader

[roughtrader]

4spotentialbuyer, let’s ask this question:

Given the rather minor variation between the lots in phases 5 and 6 (or with 7 and 8 for that matter), why would the builder lower the prices only to raise them later? Does that make sense? They want to lower the price to move inventory. Once they clear out the phase 5 homes, phases 6-8 are still waiting for them. To me, it doesn’t make sense to move the price up again, because that will simply continue to stall the liquidation of the remaining inventory.

My thinking is that they need to unload in a progressive, scheduled manner. They are carrying the costs of holding each unbuilt lot, and the longer they wait it appears the more money they lose. There is nothing special about phase 6 compared to 5 (although each lot appears even MORE cramped), so a higher price on phase 6 will disrupt their ideal release schedule and cost them more dime.

I think they’re going to continue to cut, and at the least, hold where they are.

Opinions?

roughtrader

[roughtrader]

By the way, I forgot to ask, did you get yourself on the priority list so you have first pick of the next phase releases?

roughtrader

[roughtrader]

By the way, I forgot to ask, did you get yourself on the priority list so you have first pick of the next phase releases?

roughtrader

[roughtrader]

By the way, I forgot to ask, did you get yourself on the priority list so you have first pick of the next phase releases?

roughtrader

[roughtrader]

By the way, I forgot to ask, did you get yourself on the priority list so you have first pick of the next phase releases?

roughtrader

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