Smith Lake Topics: Distress sales??

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	Name:	wix -
	Subject:	Distress sales??
	Date:	3/19/2010 10:23:55 AM

Without knowing how many of the sales are distress sales such as condos at Crowne Point the 2009 sales you project don't really reflect what is happening in the lake market. If you can take out those distress sales, we'll have a better feel for the market. With an ASP of 200K to 300K as your highest selling cateogry it appears that condos were a large factor. Weren't there something like 40+ condos at CP unloaded?