Shortly after I purchased my home, the builder I purchased it from dropped the base purchase price of their standing inventory of the same phase release by over 0,000. Is there anything I can legally do? They overnight devalued my home and the 15 other home owners in the subdivision by 28.5%. I know they can alter their pricing during the next phase release but they can they change it while they are still selling the same phase I bought into? The price drop occured three months after the closing of my home. The builder’s sales rep has now stated they are not planning on building anymore homes in the community until at least 2009, but are selling the remaining standing inventory from phase 1 and 2 for the lower base price plus whatever they’re charging for the options.

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