Is Annabelle Homes of Minneapolis "Betting the Farm" on the Bakken?

With the housing market essentially moribund nationwide, it almost appears Annabelle Homes of Minneapolis is "betting the farm" on the Bakken.

The Minot Daily News reported that Minneapolis-based Annabelle Homes could have projects under way this summer in Columbus, Plaza and Kenmare, and is visiting with officials in Tioga, Crosby, Watford City, Velva and Berthold about potential projects in those communities.

If Annabelle is making decisions based on solid consulting analysis, this speaks volumes.

Search this blog for other Annabelle stories and you will see where I am coming from.