Interest in GL Homes' Valencia Reserve community is high. How high?
The sales center opened at 9:30 Saturday morning, and the hot dog vendor sold 1,900 dogs by 2 p.m.
As we mentioned in the previous post, people camped out overnight to choose a lot in the 1,061-unit active-adult development at Lyons Road and Boynton Beach Boulevard.
Home builders nationwide are reeling, but Sunrise-based GL says low interest rates and low prices ($249,000 to about $500,000) are bringing out plenty of tire-kickers.
GL Division President Marcie DePlaza said 15 buyers signed sales contracts by early Saturday afternoon. She said many people are coming from the Northeast and don't have to worry about selling existing homes.
"We're thrilled with 15," DePLaza said. "We wouldn't have guessed that."
The first buyers will move in during the fourth quarter of 2009.
