New neighbors abound II
Sunday, August 16th, 2009Well, since my last post on the subject, more homes have sprung up and several more are on the to-be-built list. Despite the horrible economy homes are selling here. I can’t say it’s better for the entire Memphis market, but at least here we seem to have the critical mass. On my street alone, there are six new houses. Three are complete, and three are still under construction. Two are already occupied. One was sold, but I guess something happened. I met a nice lady yesterday that said she’s buying it (I hope it works out). Another, directly across the street from us, now has a for sale sign on it even before it’s completed. There are two more lots listed as sold and slated for construction a bit further down the street and three others throughout the neighborhood. At this rate we might have a complete neighborhood in year or so. I’ve seen quite a bit of what I assume is real estate traffic coming through, and hopefully sales follow.
