Out checking spec prices today, and it seems that DRHorton has adjusted their prices upward. Please keep in mind that DRHorton has approx 12 different product lines in Maricopa, which equals about 1/5 of the new home subdivisions.

The prices were raised across all product lines. The smallest homes (1050 sq ft) increased $5,000.

The largest homes (4400 sq ft) increased $20,000

Yes, we are still in a buyer's market, this is probably just a wobble in prices. Once upper management sees that they aren't selling many, they will re-adjust prices!