I can answer a couple of questions here.
The information I had been gven was thus.
Falcon Ridge first started selling in December 2005.
First residents moved inapprox April/May 2006.
As for the pool and clubhouse
, the story I was told which does seem pausible was.
They where refused permits for the pool and clubhouse until they where no longer moving all the dirt around, in otherwards when the applied for permits before some of the roads had not even been built, like Caracara ct only got paved around 3-4 months ago.
The pool will happen that is certain, what is not certain is when.
I believe it will take 2-3 years for Falcon Ridge to sell out, if the housing market in other areas of the country rebound a little it will take less.