Ann Howell gave you good links and info, so I won't repeat that. The truth is that all budding communities like The Canyons at Granite Dells rely on specific buyers. Most of the buyers we are seeing in the market today are either investors or "deal seekers". They are buying bank owned homes and short sales in large numbers. Budding communities like The Canyons are many times overlooked. That doesn't mean that one can't find a great deal in The Canyons. All communities in Prescott have to compete with the going market. Which means that all prices have to come done before any buyer will consider buying a property.