stirach

I guess it's finally starting to happen in Houston:

http://www.har.com/mls/dispPressRelease.cfm

Thoughts?

The article doesn't really bother me. I would rather live in this kind of community than with some old ladies that would call the cops every time I turn the radio up too loud.

In all seriousness though, there hasn't been anything that anyone has heard that would cause so many of them to be in foreclosure?

Does anyone have any info on Live Oak lofts? Everything I read on the internet tells me that it's a great buy (and everyone seems to like the building), yet, there are like 10 on sale right now and a bunch of them are in foreclosure. Why is that? Is this another Treemont Tower?