What could it mean if most of the neighborhood is for sale?

[Anthony Heatley]

Hey BP,

I was looking through properties when I noticed that a 2 block radius of houses had 12 houses for sale. All priced at abobut 95K. The rest of the homes in the surrounding area are listed at 150-175K. I went to trulia and turned on the crime map and there are darker blue spots just in and around that area. After some more reading, some listing sites say they're townhouses, others say they're multi family homes. The listings only have 1 photo too. It seems like there are some red flags, but I'm hoping can provide some give me some insight into what this might mean?

[Michelle Santhanam]

Most likely a new development of high density housing.  Drive by and try to assess what is going on.  If it's all new construction with for sale signs everywhere, you have your answer. The other option is, of course, that those homeowners know something you don't.  If it's the latter run fast and don't look back!