Is The Recession Over?

I realize that it costs a lot of money to build a new house from the ground up. Land and materials are expensive. I don't expect builders to give it away.

But considering the fact(s) that:

a. We are in a recession,
b. Tallahassee has never been a hotbed of high-paying gigs, and
c. We are no longer in a seller's market ...

What is UP with this and this? And am I the only one who sees a problem with naming a house aimed at upper-income buyers "The Katrina Cottage?" Maybe I'm hating because I love this particular neighborhood and want to marry it, but this is just nuts.

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