If anything portola springs failed so far only because of starting in 2006 housing slump. Almost all left over homes of Paloma and los arboles etc were selling quite fast since May 2009 untill release of 2010 collection started. In fact they even saw a modest increase of 2% since may 2009 to dec 2009. Didn't help that the big fire happened around the year after they opened.
Now the mello roos has come down too. Although still the highest among WB,WBE & PS.
[quote author="ajw522"]I'm just surprised they are building more. I think Portola Springs failed for a reason. It's Remoteness, High Mello-Roos, close proximity to toll-road, just to name a few. Of course, the housing slump didn't help much, either.[/quote]