RAISING ROOFS: Luxury home builders have found success in a sagging housing market by building in the upscale Preston Hollow neighborhood of Dallas and the city of Prosper. In a North Texas housing market where starts are off a third from last year’s pace, mortgage lenders are cutting staff, Realtors are competing aggressively for a contracting number of sales and the number of foreclosures is the only thing on the rise, the first sign of hope — be it however modest — has emerged. Houses in the $250,000 to $300,000 price range … (0 comments)
Builders think they’ve found sweet spot ;)
;)
