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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous]Did a Redfin search for Ashburn (ex-urbs). New home construction prices are insane, like $1.3m+ for 4,000 sq ft. Nothing under $1m on the market for longer than 1 week. There are a couple of $1.5m+ white elephants sticking around for 2-3 weeks though.[/quote] It costs like $800k at least to build that large a home. [/quote]
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