Originally Posted by John Doe

I went to look at foundation issues in a "9 phase" neighborhood today at two homes. I saw half a dozen sitting on 1.5-3 acre lots under construction, $1.5-$3M, 7-9K sq. feet. The ones I am investigating are both 2005 vintage and are in the $600-800K range. This, in one of the 5 "poorest" states in the country. My expert (was riding shotgun) says the building market is booming, but I have no idea where the money is coming from or who is doing the building. Mysterious times indeed.