What are the pluses and minuses of buying in a development where 'development' has?

Dyerfr
Home Buyer
30071

stalled? And how would I find the real status of the development? It's hard to get a good, straight answer sometimes... I am in Norcross, GA, if that helps - looking at a development called Wingo Street Cottages - small development with 13 or so smaller houses.

I see the main plus as a pretty good price, but am concerned that I don't know the real future of the development, and that concerns me.

Any insight generally as to whether or not buying in this type of environment/development is a good/bad ides? I know that there are many variables here so general information would be good... also - any site-specific information on this particular development from any local RE folks?

Thanks

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