[oceanbreeze]

One thing I want to remind it’s risky to reserve a new home which will finish building 6 months later or more during market downturn. First, you’ll potentially face price cut down before you close the home; Second, in the 2nd half of this year, the interest rate could go up, the mortgage calculated right now might now work in the future.

In market downturn, the release price must go down or keep flat, there is no way to go up.

Among 4 builders in 4S, Pienza, Silhouettee and Maybeck all are actively to make releases, and I can see they are going to sell model home by end of 2009. The only odd is Chanteclair, which still has 3 unreleased in total 5 releases. The last phase 2 release was back to June 2007, right now we are in May 2008, we still didn’t see phase 3 release yet. Anybody can speculate what Chanteclair wants to do? Hold all the land until the next housing bubble?

[oceanbreeze]

One thing I want to remind it’s risky to reserve a new home which will finish building 6 months later or more during market downturn. First, you’ll potentially face price cut down before you close the home; Second, in the 2nd half of this year, the interest rate could go up, the mortgage calculated right now might now work in the future.

In market downturn, the release price must go down or keep flat, there is no way to go up.

Among 4 builders in 4S, Pienza, Silhouettee and Maybeck all are actively to make releases, and I can see they are going to sell model home by end of 2009. The only odd is Chanteclair, which still has 3 unreleased in total 5 releases. The last phase 2 release was back to June 2007, right now we are in May 2008, we still didn’t see phase 3 release yet. Anybody can speculate what Chanteclair wants to do? Hold all the land until the next housing bubble?

[oceanbreeze]

One thing I want to remind it’s risky to reserve a new home which will finish building 6 months later or more during market downturn. First, you’ll potentially face price cut down before you close the home; Second, in the 2nd half of this year, the interest rate could go up, the mortgage calculated right now might now work in the future.

In market downturn, the release price must go down or keep flat, there is no way to go up.

Among 4 builders in 4S, Pienza, Silhouettee and Maybeck all are actively to make releases, and I can see they are going to sell model home by end of 2009. The only odd is Chanteclair, which still has 3 unreleased in total 5 releases. The last phase 2 release was back to June 2007, right now we are in May 2008, we still didn’t see phase 3 release yet. Anybody can speculate what Chanteclair wants to do? Hold all the land until the next housing bubble?

[oceanbreeze]

Considering the Silhouette plan 2 (3000+ sqf.) effective release price starting from $650k, so for upcoming Chanteclair release, we’ll see all the effective release price will no more than $650K. Otherwise it’s hard to compete with Silhouette.

[oceanbreeze]

Considering the Silhouette plan 2 (3000+ sqf.) effective release price starting from $650k, so for upcoming Chanteclair release, we’ll see all the effective release price will no more than $650K. Otherwise it’s hard to compete with Silhouette.

[oceanbreeze]

Considering the Silhouette plan 2 (3000+ sqf.) effective release price starting from $650k, so for upcoming Chanteclair release, we’ll see all the effective release price will no more than $650K. Otherwise it’s hard to compete with Silhouette.

[oceanbreeze]

Considering the Silhouette plan 2 (3000+ sqf.) effective release price starting from $650k, so for upcoming Chanteclair release, we’ll see all the effective release price will no more than $650K. Otherwise it’s hard to compete with Silhouette.

[oceanbreeze]

Considering the Silhouette plan 2 (3000+ sqf.) effective release price starting from $650k, so for upcoming Chanteclair release, we’ll see all the effective release price will no more than $650K. Otherwise it’s hard to compete with Silhouette.

[oceanbreeze]

Although the Piennza price didn’t drop down, it offers $100K incentive for inventory right now. And it’s very likely to drop down its lastest phase 3/9 release price to match Silhouette and Maybeck did. It’s a dilemma for fieldstone right now, if it doesn’t drop price, then it’s impossible to sell its existing new release home. But if it does drop down the price, then a lot of buyers will choose to walk away from phase 3 and phase 9 releases which will finish builing arond August and November seperately. That’s pretty interesting senario and we’ll see.

[oceanbreeze]

Although the Piennza price didn’t drop down, it offers $100K incentive for inventory right now. And it’s very likely to drop down its lastest phase 3/9 release price to match Silhouette and Maybeck did. It’s a dilemma for fieldstone right now, if it doesn’t drop price, then it’s impossible to sell its existing new release home. But if it does drop down the price, then a lot of buyers will choose to walk away from phase 3 and phase 9 releases which will finish builing arond August and November seperately. That’s pretty interesting senario and we’ll see.

[oceanbreeze]

Although the Piennza price didn’t drop down, it offers $100K incentive for inventory right now. And it’s very likely to drop down its lastest phase 3/9 release price to match Silhouette and Maybeck did. It’s a dilemma for fieldstone right now, if it doesn’t drop price, then it’s impossible to sell its existing new release home. But if it does drop down the price, then a lot of buyers will choose to walk away from phase 3 and phase 9 releases which will finish builing arond August and November seperately. That’s pretty interesting senario and we’ll see.

[oceanbreeze]

Although the Piennza price didn’t drop down, it offers $100K incentive for inventory right now. And it’s very likely to drop down its lastest phase 3/9 release price to match Silhouette and Maybeck did. It’s a dilemma for fieldstone right now, if it doesn’t drop price, then it’s impossible to sell its existing new release home. But if it does drop down the price, then a lot of buyers will choose to walk away from phase 3 and phase 9 releases which will finish builing arond August and November seperately. That’s pretty interesting senario and we’ll see.

[oceanbreeze]

Although the Piennza price didn’t drop down, it offers $100K incentive for inventory right now. And it’s very likely to drop down its lastest phase 3/9 release price to match Silhouette and Maybeck did. It’s a dilemma for fieldstone right now, if it doesn’t drop price, then it’s impossible to sell its existing new release home. But if it does drop down the price, then a lot of buyers will choose to walk away from phase 3 and phase 9 releases which will finish builing arond August and November seperately. That’s pretty interesting senario and we’ll see.

[oceanbreeze]

price drop down in Maybeck @ 4S ranch

10/2007 price sheet:
Plan 1: $745K
Plan 2: $760K
Plan 3: $770K
Plan 4: $741K

04/2008 price sheet:
Plan 1: $632K + $20K incentive
Plan 2: $668K + $20K incentive
Plan 3: $660K + $20K incentive
Plan 4: $675K + $20K incentive

So maybeck droped around $100K in past 8 months, or > $10K/month

[oceanbreeze]

price drop down in Maybeck @ 4S ranch

10/2007 price sheet:
Plan 1: $745K
Plan 2: $760K
Plan 3: $770K
Plan 4: $741K

04/2008 price sheet:
Plan 1: $632K + $20K incentive
Plan 2: $668K + $20K incentive
Plan 3: $660K + $20K incentive
Plan 4: $675K + $20K incentive

So maybeck droped around $100K in past 8 months, or > $10K/month

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