To agents in the Atlanta area breaking news stories are taking place at an alarming rate.  Atlanta new homes subdivisions are just sitting growing weeds, under contract signs are more of a gimmick than an actuality.  Incentives and price reductions have not spurred many new home sales in subdivisions that are awash with inventory.  Robert Harris Homes a few months ago offered 10% commissions on all home standing in inventory as long as the contract price was not 10% below listing price. Extras and closing costs with an approved lender were also available.  It was for a limited time only, but as we rode through some communites it did not seem like a great idea to buy.  As you drove through neighborhoods, there were seas of for sales signs, open house, and foreclosure signs all over the place.  One of the business newspapers also reported recently that Robert Harris Homes in the earlier part of the year that builder in particular had very high levels of recorded mechanic's lien filings.

The latest news that was reported recently in the AJC edition was that late this week Robert Harris Homes told most of their sales staff to pack their things.     Since the company could not be reached for comment, it will be interesting what plays out this week.  Robert Harris homes was the 135 largest home builder in the nation, and in 2004 was acknowledged by Builders Magazine as one of the nations fastest growing builders.  Robert Harris Homes are based in Acworth GA and built homes in the Atlanta area, TX and Florida.  They are a big player in the Altanta real estate market.