We have started to notice an interesting trend in our area. Some Builders have closed their doors, leaving unfinished homes, unattended warranty issues and half built neighborhoods. This first came to my attention when I tried to contact the builder of my own home about some warranty issues. It was time for our 11-month walkthrough where they were to fix any problems we were having. We called and emailed and mailed our list and were put off and put off and then they just stopped answering all together. This builder has two half-finished homes in my neighborhood. I've driven by them every day for the past three weeks and there are no contractors or trucks or activity of any kind. This particular builder had been in business over 10 years with a good local reputation. They had started 2 new neighborhoods in our area and those neighborhoods are also abandoned with big, ugly unfinished homes and empty lots with out of control grass. I really feel for the people who bought beautiful new homes in those neighborhoods and now are left surrounded by all these unkept lots and partially finished buildings. I guess the builder just could not handle the payments on his inventory homes that were taking so much longer to sell. It is really a sad state for everyone. We've seen a few other neighborhoods that builders have pulled out of. They've listed their model homes and stopped building all together. Suddenly the plans for additional phases have been cancelled. If nothing else, this has taught me to really caution my buyer clients who are buying new construction homes from a builder who handles their own warranty issues instead of using a 3rd party warranty company.