New Construction in Green Valley Ranch

About two months ago, 10 "sold" signs popped up. Last week the site prep started, now this - two homes are nearly framed, four more foundations are poured, and the site prep is being done on another two... Here in Green Valley Ranch, there are still a handful of listings. There seems to be an even split between retail owner listings and REO. There are also some empty but not yet listed homes. All-in-all, the supply seems to be down significantly from the previous two years. With all of the doom and gloom in the press, I think that this is a bit of a good sign...