New homes, new realities

The downturn in residential real estate in Massachusetts and across the US has prompted builders of conventional subdivisions to adjust their strategy and expectations.
At left, homes in Prescott Farms, a 55-lot subdivision in Bedford.
(David Kamerman / Globe Staff Photo)
The downturn in residential real estate in Massachusetts and across the US has prompted builders of conventional subdivisions to adjust their strategy and expectations. At left, homes in Prescott Farms, a 55-lot subdivision in Bedford.