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Reply to "Concerned about building in n arlington and the "bubble"."
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[quote=Anonymous]New builds in Lyon Village are currently selling at $1.8-2 so the price right now seems reasonable. That part of N.Arlington near McLean has always been an exclusive area--even during the bubble. Real estate is a gamble. We bought a home at height of bubble on 2005 and it has appreciated $200k since then. We saw no losses just a flat year and smaller gains until recovery. I felt lucky this go around --we bought in a lull in N Arlington late 2009 and have seen $450k appreciation so far. If this is a 'long term' house you can ride out any dips if they do occur.[/quote]
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