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11-13-2007, 10:15 PM
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Member
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Join Date: Nov 2007
11 posts, read 10,624 times
Reputation: 15
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Wolf Creek Subdivision
Has anyone heard anything about DR Horton giving up the rest of what is left to build at this subdivision? Any updates on who will be taking over? Not sure if I should invest in a home over there or not, any info would help.
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11-13-2007, 11:33 PM
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940 in 310
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Join Date: Nov 2006
Location: California - 90212
13,495 posts, read 2,240,387 times
Reputation: 6272
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Their website still shows them promoting the neighborhood... Wolf Creek Community - D.R.Horton - America's Builder
If they do stop building there, it might have more to do with it being surrounded by the Northside ISD and yet this neighborhood is in the Southwest ISD. |
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11-14-2007, 05:20 PM
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Member
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Join Date: Nov 2007
11 posts, read 10,624 times
Reputation: 15
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I did notice that but a co-worker of mine lives there and they received a notice saying DR. Horton is giving it up but she doesn't know to whom.... Does anyone like the area? neighborhood? I haven't heard too much about it.
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11-14-2007, 07:14 PM
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Senior Member
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Join Date: Apr 2007
1,735 posts, read 1,505,992 times
Reputation: 227
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Not good. How many lots are left?
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11-14-2007, 09:52 PM
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Member
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Join Date: Nov 2007
11 posts, read 10,624 times
Reputation: 15
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Quite a few, my co worker said they had 300+ proposed to finish
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11-15-2007, 08:26 AM
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Enter witty comment here.
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Join Date: Aug 2006
Location: 78253
1,008 posts, read 985,102 times
Reputation: 268
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It was on WOAI last night. Wow.
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11-15-2007, 08:28 AM
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Fill in the ________:-)
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Join Date: Aug 2007
782 posts, read 1,096,772 times
Reputation: 174
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Are they walking away or did they sell it to another builder? How many homes have been built so far?
It is still on the website for DR Horton.
Last edited by martinez4; 11-15-2007 at 08:30 AM..
Reason: add comment
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11-15-2007, 09:02 AM
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Senior Member
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Join Date: Apr 2007
1,735 posts, read 1,505,992 times
Reputation: 227
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Quote:
Originally Posted by bjmat
Quite a few, my co worker said they had 300+ proposed to finish
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That is huge! This is bad news for those that live there. They could be snatched up by a cheaper no name builder that is looking for a bargain. These types of deals never go up market...always down market.
By the way - did anyone notice that Pulte has pulled their larger more expensive homes out of the neighborhood on the east side of 281N at Stone Oak Parkway. That has to suck...if you bought thinking the neighborhood would be a $200K+ neighborhood now to have 1,500 square foot homes being sold in there.
The market is truly getting soft. 2008 is going to be an interesting year for real estate. |
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11-15-2007, 09:11 AM
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Senior Member
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Join Date: Mar 2007
Location: San Antonio
335 posts, read 322,792 times
Reputation: 86
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It would be interesting to find out why they are pulling out. Is it because sales are slow? Is the market slowing down? Is it only this area or is it affecting San Antonio entirely? Or are D.R. Horton's sales nationwide sliding further to the point that it is affecting other operations?
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11-15-2007, 09:22 AM
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Member
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Join Date: Mar 2007
Location: San Antonio, TX
17 posts, read 24,517 times
Reputation: 11
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Is the sales office still on site? According to available listing information D.R. Horton still has 8 houses unsold in Wolf Creek subdivision. Good luck trying to sell those inventory homes with all the bad press.
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