Bought 24 acres 5.5 million  put all the streets and utls in and I am building 90 homes  right now we are little over half way through sales are still perking along at 2 or more a month for record prices in Canby Oregon..  with an extreme shortage of existing homes new builds are some of the only inventory.. WE chose to up scale and semi custom instead of trying to lower prices we raised them and that strategy has worked our buyers tend to be empty nesters paying cash or almost cash we still get some younger families but not like before the interest rates changed. price points when we started a few years ago for 550 to 650.  today we are 675 to 900k plus exact same houses.. Lot costs already established so things are penciling well for our project . we put a small group of investors together for this project I get all the loans personally so we usually have 7 to 12 million out on construction loans .. and I think we will wrap up sales in  24 and building in 25..   these houses are 1800 to 2500 sq ft and sell for 300 to 400 a sq ft retail.  No rentals of course.