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Reply to "What’s going on with Ashton Heights"
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[quote=Anonymous]The market is definitely saying $3M is too high for Ashton Heights. These developers overestimated what they can get for these houses. Just on one street there are 3 new builds at that point ($2.7M-$3.4) that aren't selling, and one more still under construction. At some point the builders are going to have to cut the prices substantially and take the loss.[/quote]
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