US House Price Graph 2004-2011


How do you run an HOA when there are only a couple of you in the neighborhood?

In June 2007 I was checking out new communities in Gilbert, and looked into Stratland Estates.  I thought it looked like a neighborhood in trouble with too many specs.  A check of records at the Assessor’s office showed five sales at the time.
Stratland Estates sounded wonderful on their website- here’s how the builder describes it:

This beautiful community not only offers excellent homes, but an inviting and lovely outdoor atmosphere as well. Our impressive water feature entry previews the boulevard, tree-lined streets and lush landscaped common areas. Nestled in the center of the community is a beautiful lake and community amphitheater perfect for social events and family get-togethers.

I asked M what he thought. Here’s how he described it last June after he took a look:

Stratland opened July 24, 2006 and finally has five sales.  New Home Builder Search showed they have twenty (20) specs which seems awfully high for such a […]

Original post by twist

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