Fulton Ranch In South Chandler...

Master-planned community tests slowing housing market, from the Arizona Republic, reports that sales have finally started at Fulton Ranch in south Chandler at a time where the Valley is experiencing a significant slowdown in the real estate market. Fulton Ranch is the city's last major master-planned community and had a list of 14,000 potential buyers interested in the lake community a year ago. The waiting list has fallen to 1,800 people, according to Dennis Webb, vice president with Fulton Homes. "Interest is still there because I think it is a very desirable location, even though the market is not what it was a year ago," said Webb. "People still want to live there." He said the biggest challenge now is that many potential buyers have to sell their existing homes first. Fulton Ranch is planned to have 620-single-family homes, 300 condos-townhomes and 64 custom homes. It will also have two retail centers. Home prices at Fulton Ranch start from the high $500,000's to more than $1 million.



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