Can subdivisions come back to life? - al.com: "Baldwin County has about a 14-month inventory of existing single-family homes — twice as much as a healthy market, according to Donald Epley of the University of South Alabama's Center for Real Estate Studies.
That means the county's excess inventory will have to be absorbed before its abandoned subdivisions can come back to life, Epley said.
Large builders will likely lead the way, Epley said, buying up blocks of property and constructing homes smaller than those originally planned."