Probably in the last six months I've seen more 100 financing deals than I've seen in the last two to three years.
There had been some pent up demand that seems to have entered the market. I think people saw a respite in the market and decided to make a jump.
But gated communities aren't necessarily a guarantee of safety. The bad guys don't respond to gates or to rules in general. Anytime you live in a more upscale community it tends to be a magnet for crooks because they want to go where the money is.
Because we have more inventory right now prices are starting to come down. The market is re-balancing itself. It was out of balance there for a while and we had too many buyers and not enough inventory and now it's the other way around.