onthebench
zk….yeah, it seems that they have an understanding that the higher end/larger homes are getting harder and harder to pawn off and they’re hoping to increase the volume of their sales with smaller homes as quickly as they can before the whole ball of yarn starts to unravel.
Also of interest is what is transpiring in their Derby Hills development in that same area. These are their larger homes (up to 4611 sq ft) that are in about phase 6. Prior to this they have been more than happy to post the model types/prices/move-in dates on their website but for the past two phases have taken said info off of it. Perhaps this is a sign of decreases/flattening of purchase prices that they don’t want to make public knowledge of? One of the sales reps also told me that for the last phase they had to run down their homebuyers list past 400 names to sell those 6 houses. Anyone else know of any signs of weakness in this developement?….
