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Old 10-13-2009, 06:01 AM
 
Location: Cabarrus County
16 posts, read 34,014 times
Reputation: 14

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They are in Moss Creek too. Took over Shea's lots and have already built a handful of homes on lots that have been empty for years.
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Old 10-13-2009, 07:27 AM
 
Location: NE Charlotte, NC (University City)
1,894 posts, read 5,729,613 times
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Sounds like they've (DR Horton) applied the same strategy all over Charlotte. They did the same at Hubbard Falls near my house. Built 4 or 5 homes on lots that have been vacant for nearly 2 years now. I think it's a strategy to get people thinking there is real movement in the neighborhood and wanting to buy. No one wants to buy in an empty Mars-looking clay field! However, my neighbor pointed out a bold fact: when the home credit goes away, watch all the new home construction slam on the brakes...this December.
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Old 10-13-2009, 07:40 AM
 
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Passing on what I've heard. Horton only bought a handfull of lots at Hubbard Falls. I guess if they sell the ones they bought they will buy more. Personally, I don't like the houses they are building, but I guess it is better than the mound of dirt I've been looking for a year. ;-)

Quote:
Originally Posted by Metallisteve View Post
DR Horton bought the Hubbard Falls subdivision near me that was formerly under Nibblock Homes. In less than two weeks of having their signs up, they've managed to get about 5 new homes under construction and nearly completely framed out!
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Old 10-13-2009, 09:29 AM
 
Location: NE Charlotte, NC (University City)
1,894 posts, read 5,729,613 times
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Yeah, the ones going up look like cookie cutter boxes. Boring. But what else should we expect from new construction. I mean, unique and well built...that costs an extra $200k nowadays.
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