For the last few months I have observed sporadic site preparation activity on vacant land a few blocks from my condo. Last week a sign appeared advertising Hawkes Crossing . I was a bit startled to see they are planning to build 16 single family houses which is more than I would have guessed.
It takes a brave (or perhaps reckless) builder to proceed in the current environment. Hopefully they won't run out of money with the houses half built.