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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MoneyPenny who wrote (72943)	3/3/2007 6:56:47 PM
From: Les H	Read Replies (2) \| Respond to of 306849

"I am working on projects in development that are projecting 1500-2300 sq. ft. This is sharply lower sq footage and I believe that we can make even more functional units by reducing the size even more." We're also starting to see a proliferation of stack townhouses aka urban townhomes. Instead of trying to market 3-level townhomes for 600K, they're building two 2-level townhomes on top of each other for 300-400K. The county governments are pushing for high-density residential development mixed with retail. Here's an example. metrodchomes.typepad.com