There are two reasons this tract has done so well:
1. Angela is a great salesperson.
2. The uncertainty with resales. At least here you can walk in and buy a house today.
I tried to help some people buy a house off the foreclosure list who got pretty frustrated. The defaulter wouldn’t commit to a short-sale, then filed for bankruptcy to delay his departure further – another deadbeat who has lived for free for more than a year.
The buyers had had enough, and were on the list to buy a new one at this tract. It wasn’t as suitable, but heck, at least you could buy it and move in!