Dear Friends, Neighbors and Associates,

Well.....I suppose all of you are aware of Shea's New Home price listing. I thought this would be a good opportunity to "just ad my 2 cents" here as everyone has an opinion and that is what makes the world turn!

In some ways, there is nothing to get alarmed about the new prices,as I suppose it's the way you look at the whole picture..........in reality, if you analyse this pricing, a new buyer could actually pay more for a home than buying at the old price!  I'll leave that up to you as to the way you see it. Naturally, as you know, Shea can do anything they choose in regard to their new home pricing structure......we have no say, nor should we.....to me it's really not the pricing, it's the way the public "perceives" the pricing. The first thing the public will see when viewing the price list is the low base prices. Truthfully, many new Buyers do not even analyse the price structure, and just simply end up buying anyway..........let's face it, a shark frenzy is what Shea wants to create quick deals on their new homes! This is definitely getting Buyers "in the door" to purchase homes.

I have had many people write emails to me with comments about this scenario and frankly many are really upset!  Other's don't seem to mind! Others don't care either way! The only thing I can ad at this point is all of us should be concerned with property values and what kind of impact certain business practices have on our home values. Take in consideration, our community has had quite a few of distressed properties and foreclosures in the past two years. Keep in mind, this is also a large loss for our coffers, HOA reserves etc..........yes, it is the economy, but to me, we need all the help we can get in trying to keep our home values up and stop the terrible disease of distressed properties. 

  • Thank you, Lee Moore Sr.